The global moisturizing active ingredient market is projected to reach $2.6 billion by 2026, at a CAGR of 5.9% during 2020-2026. The growth of moisturizing active ingredient market is driven by growing consumption of cosmetic products, growth in the skin care market, and rising demand for natural ingredients.
Some of the Key Questions answered in this exclusive report are:
Q.1 What are some of the most promising, high-growth opportunities for the moisturizing active ingredient market by application (skin care, hair care, oral care, makeup, toiletries, and fragrance), source (natural and synthetic), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 What are the business risks and threats to the moisturizing active ingredient market?
Q.4 What are some changing demands of customers in the moisturizing active ingredient market?
Q.5 What are the new developments in the moisturizing active ingredient market? Which companies are leading these developments?
Q.6 What strategic initiatives are being implemented by key players for business growth?
Q.7 What are some of the competitive products and processes in this moisturizing active ingredient area and how big of a threat do they pose for loss of market share via product substitution?
Q.8 What M&A activity has occurred in the last 5 years in this moisturizing active ingredient market?
Emerging trends, which have a direct impact on the dynamics of the industry, include multifunctioning moisturizing ingredients and advanced nanotechnology for manufacturing of moisturizing products.
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Market Segmentation:
Based on source, the moisturizing active ingredient market is segmented into natural and synthetic. The natural segment accounted for the largest share of the market in 2020 and is expected to register the highest CAGR during the forecast period due to the increasing demand for organic beauty products to avoid side effects of synthetic personal care products.
Europe is expected to be the largest region with the highest growth over the forecast period due to high disposable income, increasing awareness on moisturizing products, and rising demand for organic skincare products.
Key Players in the moisturizing active ingredient market are Adeka, Ashland, BASF, Clariant, Croda, and DOW.
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The report helps stakeholders understand the pulse of the market and provides them with information on key drivers, restraints, challenges, and opportunities for market growth. It would also help to understand the competitors better and gain more insights to improve their position in the business.
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Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
Brandon Fitzgerald
Lucintel
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