Press release
Global Personal Care Ingredients Market Trends, Business Overview, Industry Growth and Forecast to 2022-2028
The global personal care ingredients market is anticipated to grow at a CAGR of 4.5% during the forecast period (2022-2028). Consumers' changing lifestyles and increased spending power in developing nations, as well as significant growth in multifunctional personal care ingredients, are propelling the personal care ingredients market forward. In Europe and North America, there is a growing desire for higher-quality personal care ingredients, which drives demand for personal care ingredients. The inclination of consumers for bio-based and natural personal care products is a growth potential for personal care ingredient market players.Some of the primary drivers of the personal care ingredients market are increasing urbanization, an increase in the number of working women, changing lifestyles, and increased awareness of cleanliness and skin care. The increased awareness of personal cleanliness and health has fueled the need for personal care products. This shift has resulted in more skincare and hair care products being manufactured, driving up demand for personal care chemicals.
Some major players in the market include Ashland Global Holdings Inc., BASF SE, Berkshire Hathaway Inc., Clariant International Ltd., Dow Inc.,and J.M. HUBER CORP., among others. The market players are contributing significantly to the growth of the market by the adoption of various strategies including mergers and acquisitions, geographical expansion, partnerships, collaborations, and new product launches, to stay competitive in the market.
Clariant International Ltd. offers Plantasens Abyssinian Oil. It is a one-of-a-kind oil obtained from the Abyssinia plant, which is endemic to the sun-drenched, windy open African Highlands and the South American Caatinga, two of the globe's sunniest locations. A cold-pressed natural emollient with outstanding heat stability and oxidation resistance, as well as a wonderful cushiony feel. Its particular makeup, which is high in omegas 6 and 9 as well as long-chain triglycerides, nourishes and hydrates the skin.
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Market Coverage
• The market number available for - 2021-2028
• Base year- 2021
• Forecast period- 2022-2028
• Segment Covered-
o By Ingredient Type
o By Application
o By Source
• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
• Competitive Landscape- Ashland Global Holdings Inc., BASF SE, Berkshire Hathaway Inc., Clariant International Ltd., Dow Inc.,and J.M. HUBER CORP., among others.
Key questions addressed by the report
• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How has COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?
A full report of Global Personal Care Ingredients Market is available at:
https://orionmarketreports.com/global-personal-care-ingredients-market/109823/
Global Personal Care Ingredients Market Report by Segment
By Ingredient Type
• Rheology Control Agents
• Emollients
• UV Absorbers
• Surfactants
• Emulsifiers
• Others
By Application
• Skin Care
• Hair Care
• Toiletries
• Makeup
• Fragrances
• Oral Care
By Source
• Natural Ingredients
• Synthetic Ingredients
Company name: Orion Market Reports
Contact person: Mr. Anurag Tiwari
Email: info@orionmarketreports.com
Contact no: +91 780-304-0404
About us:
Orion Market Reports (OMR) endeavors to provide exclusive blend of qualitative and quantitative market research reports to clients across the globe. Our organization helps both multinational and domestic enterprises to bolster their business by providing in-depth market insights and most reliable future market trends. Our reports address all the major aspects of the markets providing insights and market outlook to global clients.
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