Noida, UP -- (SBWIRE) -- 08/04/2014 -- The market for personal care ingredients in India is a fledgling one and is growing at a rapid pace. Favorable demographics, growing awareness about the functional benefits of specialty personal care products and an increased spending capacity among others has given wings to the market. The increased usage of specific active ingredients in the end product has resulted in rapid growth of the industry. On the back of positive developments, the market for personal care ingredients shall grow at a CAGR of nearly 13% during 2014-2019.
Active ingredients have shown strong growth prospects as the end users realize the importance of functional benefits. Marketers too push their products emphasizing the benefits entailed with specialty ingredients. It is believed that as the market develops, it will witness mergers and acquisitions/alliances for strategic purposes. With the advancements in R&D and technology, the market will evolve in terms of product performance, innovation and competitive pricing.
Research Analysis & Highlights
RNCOS latest research report titled “Booming Indian Personal Care Ingredients Market Outlook 2019”, aims to provide a comprehensive analysis of the market. The report covers current and projected performance of the market and its segments. In-depth analysis of active and inactive ingredient markets, their sub segments shall prove beneficial for the players operating/entering in these segments. Besides highlighting the opportunities in the form of industry trends, the study profiles the key players in the industry along with their product portfolio. The supply chain model and regulatory framework have been described in the report. Importantly, the research report also presents the market projections for the personal care market which is the consumer industry for the ingredients. We believe the report shall serve as a business strategy guide for the market entrants/incumbents and strategy formulators.
Some of the key findings of the report are:
- Customers Opting for Products with Functional Benefits
- Growing Demand for Multi Functional Ingredients
- Technology Innovation Drives the Market
For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM683.htm
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