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Global Delivery Systems in Personal Care Market 2023: Europe estimated to retain dominance during 2023-2033 | PMR
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There are several factors driving the growth of the delivery systems market in the personal care industry:
Increasing demand for natural and organic products: Consumers are increasingly seeking out natural and organic personal care products, which often rely on delivery systems that are more gentle and non-irritating to the skin.
Technological advances: There have been significant advances in delivery system technologies in recent years, including the development of more effective and efficient delivery methods.
Rising demand for targeted treatments: Consumers are seeking out personal care products that are tailored to their specific needs and concerns, which has led to an increase in demand for delivery systems that can deliver targeted treatments.
Increased focus on wellness and self-care: The rise of the wellness and self-care movements has led to an increase in demand for personal care products, including those with innovative delivery systems.
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The delivery systems market in the personal care industry is expected to continue growing in the coming years, driven by the factors listed above, as well as increasing awareness of the importance of skin and hair health and the growing trend towards at-home grooming and self-care.
Skin comprises an imperative and major part of our body. It represents the health of your body internally and externally. While many turn a blind eye towards skin care in today's busy life, the personal care industry is putting efforts towards development of effective products for maintaining skin beauty and health. With application of delivery system, active ingredients are delivered to defined areas of skin organ, which enhances performance of cosmetic products by stabilization of active ingredients on skin surface. The global delivery system of personal care records a value worth US$ 345,287.3 thousand in 2016. PMR indicates that the value is projected to reach US$ 543,373.2 thousand by 2024-end. During the forecast period 2016 to 2024, the market is expected to expand at a CAGR of 8%.
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Some of the major players in the delivery systems in personal care market:
Clariant International Ltd.
Centerchem Inc.
Croda International Plc.
Lonza Group Ltd.
Air Products and Chemicals, Inc.
Minerals Technologies Inc.
International Flora Technologies. Ltd.
Unipex Group Inc.
BASF SE.
Lipotec SAU.
Salvona Technologies LLC.
Lipo Chemicals, Inc.
Glenn Corporation.
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