Press release
Comprehensive Conditioning Agent Market Insights: Forecasting Size, Growth, and Competitive Trends from 2025 to 2034
Conditioning Agent
The expansion of the cosmetic industry is expected to propel the growth of the conditioning agent market. The cosmetic industry is growing due to higher consumer demand for personal care products, product innovations, and expanded distribution channels. Conditioning agents are used in various cosmetic products to improve the texture and health of hair and skin. For example, in July 2022, the International Trade Administration reported that Canada's cosmetics market achieved revenue of approximately $1.2 billion in 2021 and is expected to grow to $1.8 billion by 2024. This expansion is driving the conditioning agent market.
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What is the projected compound annual growth rate (CAGR) of the conditioning agent market from 2025 to 2034, and what factors influence it?
The conditioning agent market has grown substantially in recent years. It will expand from $11.08 billion in 2024 to $11.86 billion in 2025, with a compound annual growth rate (CAGR) of 7.1%. The growth is driven by increasing consumer awareness, urbanization, lifestyle changes, the expansion of the personal care industry, the influence of social media and celebrities, and rising disposable income.
The conditioning agent market is set to grow to $15.41 billion by 2029, with a CAGR of 6.8%. Factors driving growth include increased demand for personal care products, rising awareness about hair and skin health, the expanding cosmetics industry, trends toward natural and organic products, and an aging population. Trends include increased use of personal care products, growth in hair care, expansion in cosmetics, popularity of multifunctional products, and greater consumer awareness.
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How are the latest trends influencing the growth of the conditioning agent market?
Companies in the conditioning agent market are focusing on creating innovative products like quat-free conditioning agents to appeal to ethical and sustainable consumer preferences. For instance, in May 2023, Croda International plc, a UK-based chemical company, launched Incromine BD, a quat-free conditioning agent. This product is biodegradable, vegan-friendly, and cruelty-free, offering an alternative to traditional quaternary ammonium compounds (quats) in hair care products.
What are the major segments of the conditioning agent market and their role in driving growth?
The conditioning agent market covered in this report is segmented -
1) By Type: Skin Conditioning Agents, Hair Conditioning Agents, Fabric Conditioning Agents
2) By Price Range: Economic, Medium, Premium
3) By Sales Channel: Hypermarket Or Supermarket, Departmental Stores, Online, Others Sales Channel
4) By Application: Creams And Lotions, Body Wash, Face Wash, Shampoo, Hair Conditioners, Hair Serum And Gels, Fabric Conditioners, Other Applications
Subsegments:
1) By Skin Conditioning Agents: Emollients, Humectants, Occlusives, Anti-Aging Agents, Soothing And Healing Agents, Moisturizers, Exfoliants
2) By Hair Conditioning Agents: Silicone-Based Conditioners, Protein-Based Conditioners, Fatty Alcohol-Based Conditioners, Natural Oil-Based Conditioners, Humectants For Hair, Anti-Frizz Agents, pH Adjusters For Hair, Detangling Agents
3) By Fabric Conditioning Agents: Softening Agents, Anti-Static Agents, Fragrance Agents, Color Protecting Agents, Water Repellent Agents, Anti-Wrinkle Agents, Fabric Refreshers And Odor Neutralizers
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Which regions are key players in the growth of the conditioning agent market?
Europe was the largest region in the conditioning agent market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the conditioning agent market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Who are the key firms paving the way for growth in the conditioning agent market?
Major companies operating in the conditioning agent market are BASF SE, Dow Inc., Evonik Industries AG, Solvay S.A., Kao Corporation, Akzo Nobel N.V., Eastman Chemical Company, Wacker Chemie AG, Lonza Group Ltd., Nouryon, Symrise AG, Stepan Company, Croda International Plc, Lubrizol Corporation, Ashland Global Holdings Inc., Momentive Performance Materials Inc., Vantage Specialty Chemicals, Galaxy Surfactants Ltd., Seppic, Gattefossé, United-Guardian Inc.
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What Is Covered In The Conditioning Agent Global Market Report?
•Market Size Forecast: Examine the conditioning agent market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the conditioning agent market for a structured understanding.
•Key Players Overview: Analyze major players in the conditioning agent market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the conditioning agent market.
•Segment Contributions: Evaluate how different segments drive overall growth in the conditioning agent market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the conditioning agent market.
•Industry Challenges: Identify potential risks and obstacles affecting the conditioning agent market.
•Competitive Landscape: Review strategic developments in the conditioning agent market, including expansions, agreements, and new product launches.
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