Press release
Emollients Market to Witness Massive Growth by 2028 | BASF SE, Croda, Lonza
Emollients Market
The emollients market refers to the industry involved in the production, distribution, and sale of emollient products used in various personal care, cosmetic, and pharmaceutical applications. Emollients are substances or ingredients that help soften, moisturize, and smooth the skin by forming a protective barrier on its surface.
The global Emollients market size was valued at USD 1.6 Billion in 2023 and is expected to hit around USD 2.8 Billion by 2029, progressing with a compound annual growth rate of 4.6% from 2023 to 2029.
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Qualitative Insights from Study
Market Drivers
• Rising consumer knowledge of skincare and the significance of maintaining healthy skin is a big motivator.
• Growing desire for natural and organic ingredients in skincare products has increased demand.
• Rising disposable income in emerging nations has resulted in increased spending on personal care.
Market Trend
• Brands are focused on acquiring renewable and biodegradable materials.
• Multifunctional emollients that provide benefits other than moisturization are becoming popular.
• Incorporation of new technology, is gaining popularity in emollient formulations
Market Restraints:
• Rigorous regulatory framework limiting the use of certain emollients in cosmetics and medicines.
• Regulations governing product safety, labelling, and compliance can stymie market expansion.
• Availability of alternative products and substitutes may restri
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Market Scope / Segment Breakdown
Global Emollients market has been analyzed on various dimensions that includes market sizing and share analysis in dollar term as well as by volume* and price. The segments included in the market study are mentioned below which has been reviewed both qualitatively and quantitatively.
Based on the type, the market is bifurcated as Petroleumbased, Plant-based, Silicone-based, Others, and On the basis of application, the market is divided as Skincare and Cosmetics, Pharmaceuticals, Others.
The report covers information regarding competitive outlook including the market share and company profiles of the key participants operating in the global Emollients market. Some of the players that are profiled in the study are BASF SE (Germany), Croda International Plc (United Kingdom), Ashland Global Holdings Inc. (United States), Lonza Group Ltd. (Switzerland), Evonik Industries AG (Germany), Lubrizol Corporation (United States), Symrise AG (Germany), Akzo Nobel N.V. (Netherlands), DSM Nutritional Products Ltd. (Switzerland), Kao Corporation (Japan), Clariant AG (Switzerland), Wacker Chemie AG (Germany) etc.
Geographically, the detailed analysis of consumption, revenue, market share, and growth rate of the following regions:
• The Middle East and Africa (South Africa, Saudi Arabia, UAE, Israel, Egypt, etc.)
• North America (United States, Mexico & Canada)
• South America (Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, etc.)
• Europe (Turkey, Spain, Turkey, Netherlands Denmark, Belgium, Switzerland, Germany, Russia UK, Italy, France, etc.)
• Asia-Pacific (Taiwan, Hong Kong, Singapore, Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia).
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Research Objective
• To define and describe the Emollients segmented by product & service, by application, by end-user, and by region.
• To estimate and forecast the Emollients by value in USD Billion.
• To estimate and forecast the market size for various segments with regard to Region Name.
• To profile key players and comprehensively analyze their market position in terms of ranking and core competencies.
• To analyze the markets situation with regard to industry trends, prospects, and contribution to the total market by identifying the high-growth segments of the Emollients and provide the competitive landscape.
• To provide industry attractiveness with help of various tools such as the Porter's five force analysis and the PESTEL analysis.
FIVE FORCES & PESTLE ANALYSIS:
In order to better understand Emollients market conditions five forces analysis is conducted that includes the Bargaining power of buyers, Bargaining power of suppliers, Threat of new entrants, Threat of substitutes, and Threat of rivalry.
• Political (Political policy and stability as well as trade, fiscal, and taxation policies)
• Economical (Interest rates, employment or unemployment rates, raw material costs, and foreign exchange rates)
• Social (Changing family demographics, education levels, cultural trends, attitude changes, and changes in lifestyles)
• Technological (Changes in digital or mobile technology, automation, research, and development)
• Legal (Employment legislation, consumer law, health, and safety, international as well as trade regulation and restrictions)
• Environmental (Climate, recycling procedures, carbon footprint, waste disposal, and sustainability)
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Craig Francis (PR & Marketing Manager)
HTF Market Intelligence Consulting Private Limited
Phone: +1 434 322 0091
sales@htfmarketintelligence.com
About Author:
HTF Market Intelligence consulting is uniquely positioned empower and inspire with research and consulting services to empower businesses with growth strategies, by offering services with extraordinary depth and breadth of thought leadership, research, tools, events and experience that assist in decision making.
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