Global Personal Care Ingredients Industry, Market, Analysis & New Trends by 2022

The personal care ingredients market size is projected to reach USD 17.33 Billion by 2022, at a CAGR of 4.33% from 2017 to 2022.

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The market is driven by the increasing demand for personal care products such as skin care creams, hair shampoos, hair conditioners, and sunscreens, among others, with multifunctional ingredients. Changing lifestyle and rise in spending capacity in developing countries such as India, China, and Brazil are expected to drive the demand for personal care products, which, in turn, will drive the market for personal care ingredients. Stringent governmental regulations in different countries are among the major restraining factors for the market.

Key players profiled in the report include Ashland Global Holdings Inc. (U.S.), BASF SE (Germany), Croda International Plc. (U.K.), Evonik Industries AG (Germany), Lonza Group Ltd. (Switzerland), Solvay SA (Belgium), Akzo Nobel N.V. (Netherlands), Clariant AG (Switzerland), The Dow Chemical Company (U.S.), and Wacker Chemie AG (Germany).

Middle East & Africa is estimated to be the fastest-growing personal care ingredients market between 2017 and 2022. Increasing population and disposable income, coupled with the strong demand for premium personal care products in the region are driving the demand for personal care ingredients .The South American personal care ingredients market is also estimated to grow at a significant rate during the forecast period. The growth in this region is mainly attributed to the rising demand for personal care products among working women.

Browse complete report on Personal Care Ingredients Market by Ingredient (Emollients, Surfactants, Emulsifiers, Rheology Modifiers, Active Ingredients, Others), Application (Skin Care, Hair Care, Oral Care, Make-up, Others), and Region - Global Forecast to 2022
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In the process of determining and verifying the market size for the segments and subsegments identified through secondary research, extensive primary interviews were conducted as follows:

By Company Type: Tier 1 (25%), Tier 2 (33%), and Tier 3 (42%)
By Designation: C Level (25%), Director Level (33%), and Others (42%)
By Region: Asia-Pacific (15%), North America (23%), Europe (54%), and Rest of the World (8%)

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The report provides insights on the following pointers:

Market Penetration: Comprehensive information on personal care ingredients offered by the top players in the global personal care ingredients market
Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product launches in the personal care ingredients market
Market Development: Comprehensive information about lucrative emerging markets –the report analyzes the markets for personal care ingredients across regions
Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the global personal care ingredients market
Competitive Assessment: In-depth assessment of market shares, strategies, products, and manufacturing capabilities of the leading players in the personal care ingredients market.

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