An exciting new study from the team of Lucintel found that personal care active ingredient market is expected to reach $6.0 billion by 2027 with a CAGR of 5.4%. There are significant money making opportunities available in this market and companies planning to enter this market need to differentiate in order to maximize their return on investment.
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The personal care active ingredient market is segmented based on ingredient type, application, and source, and region. In this market, moisturizing is expected to remain the largest ingredient type, and skin care segment is expected to remain the largest application. Players can benefit from the available opportunities like increasing consumer awareness regarding personal care and hygiene, high standards of living and high per capita spending.
Advancement in nanotechnology for manufacturing personal care products and improved conditioning agents used in hair care application for personal careare emerging trends having impact on dynamics of the industry.
BASF, Solvay, Evonik, Croda, Clariant, Ashland, DSM, StepanCarporation, Wacker Chemie, Lonza are some of the major players profiled in this 199 page report.
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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 personal care active ingredient market by ingredient type (moisturizing, anti-aging, UV protection, exfoliating, antimicrobial, and others), 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 personal care active ingredient market?
Q.4 What are some changing demands of customers in the personal care active ingredient market?
Q.5 What are the new developments in the personal care 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 personal care 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 personal care active ingredient market?
This unique report from Lucintel will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link [email protected]
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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.