Allied Market Research

Personal Care Ingredients Market Size & Share: Industry Forecast, 2017-2023

 

Portland, OR -- (SBWIRE) -- 10/03/2017 -- Personal care includes a wide range of products, such as toothpaste, soaps, facewash, repair face cream, and others, that are used by individuals to maintain personal hygiene and improve their appearance. Personal care products are used on a daily basis by individuals, and are made from ingredients obtained from both natural and synthetic sources.

The global personal care ingredients market is driven by increased purchasing power of consumers and change in the standard of living in emerging economies. Moreover, growth in demand for multifunctional ingredients and increase in geriatric population boost the market growth. However, stringent government regulations and rise in demand for natural ingredients restrict the market growth. Moreover, rise in healthcare awareness in emerging economies creates a major opportunity for market expansion.

Natural ingredients for personal care includes coconut oil, shea butter, beeswax, cocoa butter, arrowroot powder, soy seeds, green tea, essential oils, and dried herbs. Parabens, synthetic colors, phthalates, sodium lauryl sulfate (SLS)/sodium laureth sulfate (SLES), formaldehyde, toluene, and propylene glycol are few synthetic ingredients used in personal care products.

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The global personal care ingredients market is segmented based on ingredient, application, and region. Based on ingredient, it is divided into emollients, emulsifiers, surfactants, rheology modifiers, active ingredients, and others. Skin care, hair care, oral care, makeup, and others are various applications studied in this market. Based on region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The major players operating in the market are inclined towards adoption of mergers, acquisitions, collaborations, and partnerships to strengthen their outreach and maintain their market position.

Personal Care Ingredients Market Key Segments:

By Ingredient

-Emollients
-Emulsifiers
-Surfactants
-Rheology Modifiers
-Active Ingredients
-Others

By Application

-Skin Care
-Hair Care
-Oral Care
-Makeup
-Others

By Region

-North America
-Europe
-Asia-Pacific
-LAMEA

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