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Beauty And Personal Care Surfactants Global Market Expected to Reach $15.2 Billion in 2028 with 7.9%
Beauty And Personal Care Surfactants Market
Furthermore, the report highlights on emerging trends, significant drivers, challenges, and opportunities, providing all necessary data for thriving in the Beauty And Personal Care Surfactants industry. This report on Beauty And Personal Care Surfactants market research offers a comprehensive perspective, including an in-depth analysis of the present and future scenarios within the industry.
Market Sizing:
The beauty and personal care surfactants market size has grown strongly in recent years. It will grow from $10.39 billion in 2023 to $11.22 billion in 2024 at a compound annual growth rate (CAGR) of 8.0%. The growth in the historic period can be attributed to cosmetic industry growth, rising consumer awareness about personal hygiene and grooming, increasing demand for personal care products, rapid urbanization. The beauty and personal care surfactants market size is expected to see strong growth in the next few years. It will grow to $15.2 billion in 2028 at a compound annual growth rate (CAGR) of 7.9%.
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Key Market Players:
BASF SE, Akzo Nobel N.V., Kao Corporation, Stepan Company, Rhodia, Clariant AG, Evonik Industries AG, Croda International PLC, The Progressive Corporation are prominent players in the Beauty And Personal Care Surfactants industry.
Market Drivers:
The increasing demand for various waterless products is propelling the growth of the beauty and personal care surfactants market. Commonly, beauty and personal care products are made up of 60-80% of water, getting rid of H20 from that list helps manufacturers add more active ingredients adding to the beauty formula, requiring fewer preservatives too. Furthermore, waterless products are also environmentally friendly, it is estimated that two-thirds of the world's population may face shortages by 2025.
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Market segments for Beauty And Personal Care Surfactants include:
1) By Type: Non-Ionic, Cationic, Amphoteric, Anionic, Other Types
2) By Origin: Synthetic Surfactants, Bio-Based Surfactants
3) By Application: Hair Care, Skin Care, Other Applications
The report answers the following questions:
What are the primary factors propelling the market during the projected period?
In which region is the most substantial growth expected?
Which trend will take center stage in the upcoming period?
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