#Cosmetics and Toiletries Market Analysis

[cosmeticsandpersonalcaremarket]

The Global Stage of Beauty is the Cosmetics and Toiletries Market

In the kaleidoscope of the beauty industry, the Global Cosmetics and Toiletries Market stands as a beacon of creativity, innovation, and self-expression. This dynamic sector not only shapes the way we look but also reflects cultural shifts, technological advancements, and the evolving preferences of consumers worldwide. In this exploration, we delve into the key dimensions of the Global Cosmetics and Toiletries Market, uncovering its vastness, trends, major players, growth factors, and the promising future that lies ahead.

Cosmetics and Toiletries Market Overview:

The Global Cosmetics and Toiletries Market is a multifaceted industry encompassing a diverse array of products designed to enhance personal care, grooming, and aesthetics. From skincare and makeup to fragrances and hair care, the market caters to the individuality and self-care aspirations of consumers on a global scale.

Market Size and Scope:

The sheer size of the Global Cosmetics and Toiletries Market is awe-inspiring, reflecting the universal desire for self-expression and personal well-being. With a myriad of products spanning various categories, the market’s scope extends from mass-market offerings to luxury and niche segments.

Trends in the Global Cosmetics and Toiletries Market:

Clean Beauty Revolution: A growing preference for clean and natural ingredients, with consumers seeking transparency in product formulations and ethical sourcing.

Digital Beauty Influencers: The rise of digital platforms has transformed the beauty landscape, with influencers playing a pivotal role in shaping trends, product discoveries, and consumer preferences.

Inclusive Beauty Standards: An emphasis on diversity and inclusivity, with brands expanding their shade ranges, embracing diverse models, and promoting body positivity.

Customization and Personalization: Increasing demand for personalized beauty solutions, including custom formulations, tailored skincare routines, and bespoke fragrances.

Major Players in the Global Cosmetics and Toiletries Market:

L’Oréal: A global beauty giant, L’Oréal is renowned for its extensive portfolio of skincare, haircare, makeup, and fragrance brands catering to diverse consumer needs.

Estée Lauder Companies: With a focus on luxury beauty, Estée Lauder Companies boasts a portfolio that includes well-known brands like Estée Lauder, MAC, and Clinique.

Procter & Gamble (P&G): P&G is a key player in the mass-market segment, with popular brands such as Olay, Pantene, and Gillette under its umbrella.

Unilever: Unilever’s beauty and personal care division includes brands like Dove, Axe, and Vaseline, known for their emphasis on sustainability and social responsibility.

Growth Factors Driving the Market:

E-Commerce Dominance: The widespread adoption of e-commerce channels has revolutionized the way consumers discover, purchase, and experience beauty products.

Wellness and Self-Care Trends: Increasing awareness of the connection between personal care and overall well-being has fueled the demand for products that promote self-care rituals.

Advancements in Technology: Innovations such as augmented reality (AR) for virtual try-on experiences, skincare tech devices, and AI-driven beauty recommendations contribute to market growth.

Challenges in the Global Cosmetics and Toiletries Market:

Regulatory Complexities: Adherence to diverse regulatory frameworks across countries poses challenges for global brands in terms of compliance and product formulations.

Sustainability Expectations: The beauty industry faces pressure to adopt sustainable practices, including eco-friendly packaging, cruelty-free testing, and responsible sourcing.

Shifts in Consumer Behavior: Rapid changes in consumer preferences, influenced by social media and emerging trends, require brands to stay agile and responsive to market dynamics.

The Future Outlook:

Rise of Indie and Niche Brands: A continued surge in the popularity of indie and niche beauty brands, offering unique formulations, authenticity, and a personalized brand experience.

Focus on Holistic Beauty: The convergence of beauty and wellness, with an increased focus on products that enhance both physical appearance and overall health.

Global Expansion: Brands are exploring untapped markets, capitalizing on the rising demand for beauty products in emerging economies.

Conclusion: Embracing Beauty in Every Form

In conclusion, the Global Cosmetics and Toiletries Market is a vibrant canvas that reflects the diverse and ever-evolving landscape of beauty. As major players navigate challenges, embrace sustainability, and cater to the changing preferences of consumers, the future of the beauty industry is one of continuous innovation and inclusivity. So, whether it’s a skincare routine, a bold makeup looks, or a fragrance that tells a story, the Global Cosmetics and Toiletries Market invites individuals to celebrate their unique beauty in every form, promising a world where beauty knows no boundaries.

[communicationblogs]

UV Stabilizers Market- Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth And Forecast 2024–2030.

UV Stabilizers Market Overview :

UV Stabilize Market size is forecast to reach $2,243.13 million by 2030, after growing at a CAGR of 6.4% during 2024–2030, owing to the wide usage of UV stabilizer in various applications such as furniture, architectural, automotive, packaging, and more. UV stabilizers filters harmful UV light and helps prevent colour change and delamination of coatings, adhesives, and sealants owing to which it is extensively used in these applications. The growing need for packaging and automotive due to rapid urbanization and increasing population in various regions, is the major factor driving the growth of UV stabilizers market during the forecast period. In addition, the growing demand of greenhouse films globally is anticipated to play a key role in driving the UV stabilizers market during the forecast period.

Market snapshot

UV Stabilizers Market Report Coverage

The report: “UV Stabilizers Market — Forecast (2024–2030)”, by IndustryARC, covers an in-depth analysis of the following segments of the UV stabilizers Industry.  By Type: Hindered Amine Light Stabilizers, UV Absorbers, and Quenchers By Application: Coatings (Waterborne Coatings, UV Curable Coatings, and Others), Adhesives and Sealants, Plastics, and Others. By End-Use Industry: Architectural (Residential, and Commercial), Agriculture, Automotive (Automotive Interior, and Automotive Exterior), Furniture (Outdoor Furniture, and Indoor Furniture), Packaging (Beverage Packaging, Food Packaging, and Toiletries & Cosmetics Packaging), and Others By Geography: North Americas, South America, Europe, Asia Pacific, RoW

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Key Takeaways

Asia-Pacific region is poised to dominate the UV stabilizer market due to significant growth in construction, packaging, and automotive sectors across countries like China, India, and South Korea.

Light stabilizer solutions in which UV absorbers and HALS (Hindered amine light stabilizers) are synergistically combined, provide high-performance solutions for automotive OEM refinish paints, which tends to increase the market growth.

Even in indoor diffuse light conditions, naturally pale wood tends to yellow and darken with time as a result of lignin photo-oxidation. So to avoid photo-oxidation the UV stabilizers are widely used in the indoor furniture.

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UV Stabilizers Market Segment Analysis — By Type

The hindered amine light stabilizers (HALS) segment held the largest share in the UV stabilizer market in 2023, as it efficiently inhibits polymer degradation. HALS high efficiency and longevity are due to a cyclic process wherein the HALS are regenerated rather than consumed during the stabilization process. Hindered amine light stabilizers are very efficient stabilizers for polymers and especially polyolefins. They do not absorb UV radiation but act to inhibit degradation of the polymer. In addition, significant levels of stabilization are achieved at relatively low concentrations on using hindered amine light stabilizers due to which its demand is increasing from various end-use industries. All these factors are boosting the demand for hindered amine light stabilizers (HALS) during the forecast period.

UV Stabilizers Market Segment Analysis — By Application

The flooring and decking segment is poised to capture the largest share of the market. The surge in UV stabilizer usage for flooring and decking is primarily attributed to the rising trend of outdoor living spaces among consumers. As the demand for functional and appealing outdoor areas grows, decking and patios have gained significant popularity. Additionally, UV stabilizers play a critical role in protecting flooring and decking materials from premature aging and weathering. Revenue generated from flooring and decking is closely linked to the construction industry, making its development crucial for UV stabilizer demand. Consequently, these factors within the flooring and decking segment are expected to propel the growth of the UV stabilizers market in the forecast period.

UV Stabilizers Market Segment Analysis — By End Use Industry

UV stabilizers play a crucial role in the packaging industry, serving as key components in materials like plastics to uphold packaging integrity and visual appeal throughout storage and transit. A notable trend within this realm is the escalating requirement for UV-resistant packaging materials, notably in the food and beverage sector, to preserve product quality and extend shelf life. Manufacturers are actively engaged in crafting UV stabilizers customized for specific packaging needs to address the industry’s changing dynamics. Conversely, the automotive segment is poised for the most rapid growth in the foreseeable future. UV stabilizers are indispensable in safeguarding various vehicle components, including interior materials and coatings, from UV radiation. An observable trend in this domain is the adoption of UV-stabilized materials to uphold the appearance and endurance of automotive parts exposed to sunlight. As automotive designs increasingly integrate plastics, there’s a mounting demand for UV stabilizers to ensure these materials endure UV exposure, thereby enhancing vehicle durability and aesthetics. The automotive industry remains a pivotal force propelling the UV stabilizers market forward

UV Stabilizers Market Segment Analysis — By Geography

North America leads the UV stabilizers market revenue share due to the strong presence of established automakers, which extensively use these stabilizers in vehicles. The automotive sector’s projected expansion in manufacturing will drive up demand for ultraviolet stabilizers in the foreseeable future. Plastic serves as a prevalent packaging material across diverse sectors such as food & beverage and PET bottles. The U.S. Food and Drug Administration ensures the safety of food packaging materials, particularly polymers in contact with food products. Additionally, the Asia Pacific region is poised to experience a significant Compound Annual Growth Rate (CAGR) in the global UV stabilizers market. China’s packaging sector is witnessing growth driven by technological advancements and research efforts in food packaging, meeting demands for safer and cleaner packaging solutions. Urbanization in China has intensified the need for processed and packaged foods as cities lack agricultural resources, further boosting the demand for food packaging materials.

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UV Stabilizers Market Challenges

Fluctuations of UV stabilizers costs for raw materials

The costs of raw materials essential for UV stabilizer production, such as aluminum chloride, benzene, sodium nitrite, and benzoyl chloride, experience regular fluctuations. These fluctuations directly influence the pricing of UV stabilizers, consequently impacting market growth. Presently, benzene is priced at USD 696.7 per metric ton, sodium nitrite at USD 40 per kilogram, and benzoyl chloride at USD 38 per 1000 grams.

Limited awareness and adoption

UV stabilizers pose challenges for manufacturers in North America. Some industries and end-users may lack understanding regarding the benefits and applications of UV stabilizers. Educating the market about the significance of UV protection and the advantages of utilizing UV stabilizers is essential. Manufacturers must focus on building awareness and illustrating the value proposition of UV stabilizers to facilitate their adoption in various industries.

UV Stabilizers Market Drivers

Increasing Level of UV Radiation and The Harmful Effect of UV Radiation

The increased use of refrigerator and AC, which emits ozone-layered gasses, has led significantly to an increasing UV radiation level. NASA has stated that in the last 30 years, the amount of UV radiation has raised dramatically causing degenerative effects on sunlight materials. The increased use of gas emission devices enhances the growth of the UV stabilizer market with increased UV radiation. People are becoming increasingly aware about the harmful effects of different materials such as plastics and wood. Polymer photo degradation occurs when a substance is exposed to UV radiation and the physical characteristics of the substance, such as colour, loss of material strength, elongation and tensile strength characteristics or surface cracking, are deteriorated. The manufacturers therefore apply UV light stabilizers to prevent damage and avoid loss of components that are exposed to UV radiation. Thus, the increasing level of UV radiation and the harmful effect of UV radiation act as a driver for the UV stabilizers market growth.

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Escalating Construction Sector

Continuing infrastructure growth has enabled construction industry to expand. Alternative inexpensive raw materials like plastic and wood products are preferred by businesses or manufacturing. However, these materials can be quickly shaped into various forms, which contribute to substantial demand for flooring, shielding and fencing applications. Such materials with high exposure to the sun cause degradation and UV stabilizers have been applied as a coating substrate on such materials to minimize such efficiencies. The rapid growth of housing and construction industry spending has increased dramatically in the U.S. and Mexico, resulting in the economic development of the region of North America. Eco-friendly use, low VOC emissions and high content of UV stabilizers are favored for the use of wood coating. Because of rising demand and the large building and construction market in the region, the country exports almost 90 percent of the furniture from US manufactures. This is a major factor in the growth of UV stabilizers in North America, such as HALS and UV absorbers. The growing use of plastics and wood in the building industry will thus drive the growth of ultraviolet stabilizers to preserve their intensity.

Market Landscape

Technology launches, acquisitions, and R&D activities are key strategies adopted by players in the UV stabilizers market. In 2023, the market of UV stabilizers has been consolidated by the top eight players accounting for 60% of the share. Major players in the UV stabilizers market are BASF SE, Solvay S.A., Songwon Industrial Co., Ltd., Everlight Chemical Industrial Corp., ADEKA Corporation, Mayzo Inc., Clariant AG., Addivant, Lycus Ltd. LLC, and Valtris Specialty Chemicals.

Acquisitions/Technology Launches

In April 2023, Damen Shipyards, in collaboration with AkzoNobel and Philips, developed a fouling control solution using UV-C light technology for ship hulls.

In March 2023, Clariant and Omya joined forces to address yellowing concerns in SMP sealants with the introduction of AddWorks IBC 760.

In July 2022, Solvay introduced a novel range of UV-C stabilizers tailored for hygiene applications, aimed at combating COVID-19 and reducing the incidence of hospital-acquired infections.

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[tritonmarketresearchamey]

Flexible Plastic Packaging: Market Trends for 2024-2032

According to Triton Market Research, the global flexible plastic packaging market report is sectioned by Application (Pharmaceutical, Food & Beverage, Cosmetics & Toiletries, Other Applications), Product (Bags, Films & Wraps, Rollstock, Pouches, Other Products), Printing Technology (Digital Printing, Rotogravure, Flexography, Other Printing Technologies), Material Type (Aluminum Foils, Plastics, Other Material Types), and Regional Outlook (Europe, Asia-Pacific, Middle East and Africa, North America, Latin America).

The report highlights the Market Summary, Industry Outlook, Impact Analysis, Porter’s Five Forces Analysis, Market Attractiveness Index, Regulatory Framework, Key Buying Impact Analysis, Supply Chain Analysis, Key Market Strategies, Market Drivers, Challenges, Opportunities, Analyst Perspective, Competitive Landscape, Research Methodology and scope, Global Market Size, Forecasts & Analysis (2024-2032).

Triton’s research analysis suggests that the global flexible plastic packaging market is expected to advance at a CAGR of 3.80% during the forecast period 2024-2032.

Flexible plastic packaging consists of materials that conform to the shape of their contents, such as bags, pouches, and wraps. These items are designed to be adaptable and versatile. They are cost-effective, lightweight, and help extend shelf life by shielding products from pollutants, moisture, and air.

Factors such as technological advancements and increased demand from the e-commerce industry are expected to create lucrative opportunities for the flexible plastic packaging market. As e-commerce continues to expand globally, driven by increasing consumer reliance on online shopping, the need for durable, lightweight, and customizable packaging solutions is rising. Flexible plastic packaging, known for its versatility and ability to protect products during transit, is well-suited to meet these demands. Additionally, advancements in manufacturing technologies are enabling the production of flexible packaging with enhanced barrier properties, sustainability features, and innovative designs.

However, issues arising in recycling plastic packaging products and high operational costs limit the expansion of the studied market.

Globally, the Asia-Pacific is anticipated to become the fastest-growing region over the forecast period. Countries such as China, India, and Southeast Asian nations are experiencing significant industrialization and expansion of the retail sector, fueling the need for efficient and sustainable packaging solutions. The region’s growing middle class and changing consumer preferences toward convenient and lightweight packaging are further accelerating this trend.

The major companies in the flexible plastic packaging market are CCL Industries Inc, Sealed Air Corporation, DS Smith, Amcor Plc, Berry Global Group Inc, Constantia Flexibles, Sonoco Products Company, Coveris, Mondi Group, Glenroy Inc, Huhtamaki OYJ, Proampac, Graphic Packaging International LLC, Printpack, and Sigma Plastics Group.

The threat of new entrants in the flexible plastic packaging market is moderate due to several factors. On one hand, the industry is characterized by relatively low capital requirements and the increasing demand for sustainable packaging solutions, which can attract new players. However, established competitors possess significant advantages, including economies of scale, well-established distribution networks, and long-standing customer relationships.

[marketsndata]

Polymer Gel Market Analysis By Industry Growth, Size and Trends Report 2030

Global polymer gel market size was 5042.17 kilotons in 2022, which is expected to grow to 8351.04 kilotons in 2030, with a CAGR of 6.5% during the forecast period between 2023 and 2030.

The prominent variables influencing the growth of the polymer gel market are the bolstering cosmetics and personal care industry, along with the rising adoption of polymer gels in the pharmaceutical industry for application in drug delivery systems. Furthermore, the ongoing product innovations by polymer gel manufacturers to increase the application of chemicals in a diverse range of end-use industries will create a favorable potential for the market in the forecast period.

The increasing demand for baby and adult diaper products, rising innovations in female hygiene products, and the surging adoption of male segment personal care products are the key trends driving the growth of the cosmetics and personal care sector. Likewise, the increasing investment in pharmaceutical development, the surging prevalence of chronic diseases, and rapid advancement in the pharmaceutical manufacturing processes are the prime elements fostering the growth of the pharmaceutical industry. However, the recent closures of the polymer gel manufacturing facilities by global conglomerate is hindering the market growth.

Thus, the booming cosmetics and personal care, and pharmaceutical industry are the vital aspects boosting the demand for polymer gel to ensure the benefit of the three-dimensional accommodative framework. For instance, according to the Cosmetic, Toiletry and Perfumery Association (CTPA), the global cosmetics and personal care industry registered an annual growth rate of 5.4% in 2022.

The increase in research and development in the pharmaceutical industry will augment the polymer gel market growth. For instance, according to the European Federation of Pharmaceutical Industries and Associations (EFPIA), in 2022, the total investment in European Union pharmaceutical research and development was USD 46,860.7 million, an increase of 4.62%.

Sample report- https://www.marketsandata.com/industry-reports/polymer-gel-market/sample-request

Booming Cosmetics and Personal Care Industry are Augmenting Traction for the Market Growth 

Polymer gel products such as polyethylene glycol, polyvinyl alcohol, and polymethyl methacrylate are utilized as gelling agents and thickeners in cosmetics ingredients to ensure superior compatibility. The cosmetics and personal care ingredients composed of polymer gel are deployed in products such as creams, lotions, men’s hygiene products, and shampoo. The increasing sales of toiletries products, the development of a new range of cosmetics and personal care products, and the recently launched personal care products manufacturing facilities are the key aspects propelling the cosmetics and personal care industry’s growth.

For instance, according to the Cosmetic, Toiletry and Perfumery Association (CTPA), in 2022, the global toiletry products industry, including diapers, makeup remover, and female hygiene products, was valued at USD 2,527.4 million, representing an annual growth rate of 1.2% as opposed to 2021. Therefore, the prospering cosmetics and personal care are boosting the demand for polymer gel as the chemical is employed as a thickening agent in products such as lip care, conditioners, and male hygiene products, this key factor is augmenting the market growth.

Bolstering Pharmaceutical Industry is Spurring the Market Growth

Polymer gels are employed in the pharmaceutical industry so that in the drug delivery systems, there is surface adherence for a longer period and showcase controlled drug release at the absorption area. The growth of the pharmaceutical sector is attributed to factors such as increasing government spending on the healthcare industry and the recent advancements in drug delivery systems.

For instance, according to the recent statistics published by the European Federation of Pharmaceutical Industries and Associations (EFPIA), in 2021, the global pharmaceutical industry was valued at USD 1,256.8 billion, and in 2022, it was USD 1,287.7 billion, a year-on-year growth rate of 2.5%. Hence, the booming pharmaceutical industry is fueling the demand for polymer gels as the chemical poses excellent rheological properties. Thus, the revenue advancement of the pharmaceutical industry is amplifying the market growth.

Growth of Multiple End-use Industries in Asia-Pacific is Augmenting the Market Growth

Asia-Pacific’s growth is driven by the revenue expansion of the end-use industries, including construction, Cosmetics and Personal Care, and pharmaceutical. Since, these end-use industries are the major end-users of the polymer gel, the expansion of various sectors in Asia-Pacific is supplementing the market growth.

For instance, according to Cosmetics Europe – The Personal Care Association, in 2022, China was the third largest market for Cosmetics and Personal Care industry valued at USD 74.8 billion. Henceforth, the rapid growth of various end-use industries in Asia-Pacific is spurring the demand for polymer gels, which in turn, is fostering market growth.

Future Outlook Scenario

The recent trend for the revenue expansion of personal care and hygiene products will create a lucrative growth outlook for the polymer gel market in the coming years. For instance, according to Invest India, the Indian personal care and hygiene industry will be valued at USD 17.34 billion in 2026.

In line with the revenue expansion of the pharmaceutical market in the upcoming years, the polymer gel industry will register growth as it is deployed in drug delivery systems. For instance, according to the recent data published by IQVIA Inc., the global medicines market will reach USD 1.9 trillion by 2027.

However, the recent phasing out of polymer gel manufacturing facilities will pose a roadblock to market growth in the coming years. For instance, in March 2022, Kuraray Co., Ltd., a Japan-based player in the polymers industry closed the manufacturing facility and sales of KURAGEL, a product range of polyvinyl alcohol (PVA) gel.                     

Global Polymer Gel Market: Report Scope

“Polymer Gel Market Assessment, Opportunities and Forecast, 2016-2030F”, is a comprehensive report by Markets and Data, providing in-depth analysis and qualitative and quantitative assessment of the current state of global polymer gel market, industry dynamics, and challenges. The report includes market size, segmental shares, growth trends, future outlook scenario, opportunities, and forecast between 2023 and 2030. Additionally, the report profiles the leading players in the industry mentioning their respective market share, business model, competitive intelligence, etc.

Click here for full report- https://www.marketsandata.com/industry-reports/polymer-gel-market

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Mr. Vivek Gupta 5741 Cleveland street, Suite 120, VA beach, VA, USA 23462 Tel: +1 (757) 343–3258 Email: info@marketsandata.com Website: https://www.marketsandata.com

[fairfield-research]

Aroma Chemical Market - Global Growth, Share, Trends, Demand and Analysis Report Forecast 2030

The global aroma chemical market, valued at approximately US$5.5 billion in 2023, is poised for substantial growth, projecting revenues to soar to US$7.5 billion by 2030, reflecting a robust compound annual growth rate (CAGR) of 4.5% from 2023 to 2030.

For More Industry Insight: https://www.fairfieldmarketresearch.com/report/aroma-chemical-market

Key Trends Driving Market Growth

The aroma chemical industry is witnessing significant growth driven by several key trends. One of the primary drivers is the increasing adoption of aroma chemicals, particularly natural variants, across diverse applications. These chemicals are extensively used in cosmetics, toiletries, soaps, and the food and beverages industries, buoyed by consumer preference for natural products.

Another crucial trend fueling market expansion is the development of new fragrance formulations. Innovations, such as integrating sulfur-containing compounds into perfumes, are enabling manufacturers to create novel scents and flavors, catering to a global market seeking differentiated products.

Market Dynamics and Segment Insights

In 2023, the synthetic category dominated the aroma chemical market, supported by its widespread use in cosmetics, personal care products, and the food and beverage industry. Conversely, the Terpenes & Terpenoids segment is anticipated to lead in market share, leveraging natural availability and diverse application areas including paints, printing inks, and chewing gums.

Regional Insights

Geographically, the Asia Pacific region is expected to maintain its dominance in the global aroma chemical market. This leadership position is driven by robust growth in the food and beverages sector, where aroma chemicals play a pivotal role in enhancing product appeal and consumer experience.

Meanwhile, North America is poised for significant growth, fueled by rising demand for bath soaps, detergents, and other household products, underscoring a burgeoning market landscape.

Challenges and Opportunities

Despite the promising growth trajectory, the aroma chemical market faces challenges such as health concerns associated with synthetic chemicals and high production costs of natural alternatives. However, opportunities abound with increasing consumer inclination towards natural products and advancements in manufacturing technologies.

Regulatory Environment

The regulatory landscape governing aroma chemicals emphasizes safety and transparency, ensuring compliance with stringent standards across global markets. Regulatory frameworks play a crucial role in shaping industry practices and consumer confidence.

Competitive Landscape

The global aroma chemical market is characterized by intense competition among key players such as BASF SE, Givaudan, and Firmenich SA. These companies are driving market growth through innovations, strategic partnerships, and sustainability initiatives aimed at meeting evolving consumer preferences and industry demands.

[neha24blog]

Baby Products Market Scope By Product, Type, Distribution Channel, Region And Forecast To 2030: Grand View Research Inc.

San Francisco, 18 June 2024: The Report Baby Products Market Size, Share & Trends Analysis Report By Product (Cosmetics & Toiletries, Baby Food), By Type, By Distribution Channel, By Region, And Segment Forecasts, 2024 – 2030 The global baby products market is expected to reach USD 475.15 billion by 2030, and is expected to grow at a CAGR of 5.9% from 2024 to 2030, according to a new report by…

[industryforecastnews]

Aroma Chemicals Market Size, Share & Growth Analysis Report, 2030

Aroma Chemicals Market Growth & Trends

The global aroma chemicals market size is expected to reach USD 7.72 billion by 2030, as per the new report by Grand View Research, Inc. The market is anticipated to expand at a CAGR of 4.1% from 2022 to 2030. The growth is majorly driven by natural aroma chemicals in developed economies of North America and Europe. The aromatherapy industry has grown tremendously owing to the high diversity in consumer preferences for natural aromatic products such as essential oils, fragrances, and others for the treatment of several diseases. Changing lifestyles and its consequences such as depression and stress have resulted in a growing demand for aromatherapy directly fueling the growth in demand for aroma chemicals.

The terpenes & terpenoids segment emerged as the largest chemical segment in 2021 owing to its increasing demand from the rubber as well as paints & coatings industry. Aroma chemicals are getting essential for the formulation of additives for health & personal care, food & beverage products, thus forming a stable market. Further, regarding the evolving consumer demands and overall industry scenario, the manufacturers are inclined towards formulating natural aroma chemicals offering flavors close to synthetic flavoring agents to gain a competitive edge in the industry.

The key industry players are mostly integrated across the value chain from manufacturing to distribution to maintain the quality of raw materials. Owing to this, the key players are gaining a competitive advantage regarding cost benefits with increased profit margins. New market entrants are looking for opportunities to enter the global aroma chemicals market; wherein new entrants attempting to establish themselves have to contend with top multinationals, such as Takasago International Corporation, Symrise, Robertet, MANE, Firmenich SA, and Givaudan.

Request a free sample copy or view report summary: https://www.grandviewresearch.com/industry-analysis/aroma-chemicals-market

Aroma Chemicals Market Report Highlights

Natural source segment is estimated to witness a CAGR of 3.8% over the forecast period, due to a shift in trend for natural products, especially from the flavors industry

Flavors is projected to be the fastest growing segment over the forecast period due to the growing consumption of flavors across several end-use applications such as beverages, convenience food, bakery food, and dairy

The terpenes & terpenoids segment is anticipated to witness the fastest CAGR of 4.5% due to its natural availability as well as its anti-carcinogenic, antiseptic, and antimicrobial effects

Asia Pacific constituted a major revenue share in 2021 and is also anticipated to continue its dominance over the forecast period, due to high domestic consumption in countries such as India and China

MANE, Takasago International Corporation, and Robertet are among the prominent industry participants with a broad product portfolio and high segmental share. Key players holding less than 1% of the market share each are characterized as niche players which have limited regional operations or have low to medium aroma chemical product offerings

Aroma Chemicals Market Segmentation

Grand View Research has segmented the global aroma chemicals market based on source, chemical, application, and region:

Aroma Chemicals Source Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

Natural

Synthetic

Natural-identical

Aroma Chemicals Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

Benzenoids

Musk chemicals

Terpenes & Terpenoids

Others (Ketones, Esters, Aldehydes)

Aroma Chemicals Application Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

Flavors

Confectionery

Convenience Food

Bakery Food

Dairy Products

Beverages

Others

Fragrances

Fine Fragrance

Cosmetics and Toiletries

Soaps and Detergents

Others

Aroma Chemicals Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

North America

U.S.

Canada

Mexico

Europe

Germany

U.K.

France

Italy

Spain

Asia Pacific

China

India

Japan

South Korea

Central & South America

Brazil

Argentina

Middle East & Africa

Saudi Arabia

South Africa

List of Key Players in Aroma Chemicals Market

Privi Organics India Limited

BASF SE

Kao Corporation

Takasgo International Corporation

Givaudan

Bell Flowers & Fragrances

Symrise

S H Kelkar and Company

Browse Full Report: https://www.grandviewresearch.com/industry-analysis/aroma-chemicals-market

[market-spy]

Unlocking the Secrets of the Global Cosmetic Preservatives Market

So, you’ve stumbled upon the fascinating world of cosmetic preservatives — the unsung heroes behind your favorite skincare products. Forget the fancy terms like “unveiling” or “empowering”; let’s dive into the nitty-gritty without any AI-generated mumbo-jumbo.

The Numbers Game

The Global Cosmetic Preservative Market isn’t just a random assortment of digits. In 2022, it flaunted a cool USD 407.93 Million value, and rumor has it, it’s on track to flex its muscles at USD 689.19 Million by 2031. That’s a whopping 6% growth rate — not too shabby for the behind-the-scenes players!

Behind the Scenes Drama

Cosmetic preservatives may not have red carpets, but they do play some crucial roles. Picture this: skincare products without preservatives are like a suspense movie without a plot twist — everything falls apart. These unsung warriors combat microbial growth, stabilize formulas, and ward off the dreaded effects of water on your precious creams and lotions.

In March 2022, Sharon Labs decided to spice up its storyline by acquiring RES Pharma Industrial. A strategic move to integrate technology, research, and development capabilities — talk about a plot twist in the business world!

Natural vs. Synthetic Showdown

It’s the age-old battle of natural vs. synthetic. In one corner, we have natural preservatives strutting their stuff with oil extracts from curry leaves and cinnamon. In the other corner, synthetic preservatives like parabens and phenoxyethanol flex their muscles, proving to be the ultimate bacterial bouncers. Sorry, curry leaves, you tried!

Market Snapshot — Drama Unfolds

2024–2031 Global Market Highlights:

Size: USD 407.93 Million

Largest Segment: Skin & Sun Care

Fastest Growth: Fragrances & Perfumes, Makeup & Color

Growth Rate: A Steady 6% CAGR

Regional Drama:

North America Reigns Supreme: Holding the largest share, North America flaunts its dominance in the cosmetic preservatives saga.

Market Segmental Analysis — The Cast of Characters

Product Division:

Phenol Derivatives Take the Lead: These were the rockstars back in 2015, especially phenoxyethanol, stealing the spotlight in skin lightening creams and hair coloring solutions.

For More Information: https://www.skyquestt.com/report/cosmetic-preservatives-market

End Use Battle:

Skincare and Sunscreen Products in the Spotlight: A considerable 40.24% share, thanks to the growing fear of UV rays. Toiletries play the supporting role, gaining popularity in the Asia Pacific region — who knew personal hygiene could be so captivating?

The Competitive Landscape — Big Players in the Game

The Cosmetic Preservative Market isn’t a solo act; it’s a band with both small-scale indie players and big international corporations. Top players include BASF SE, Lonza Group, Dow Chemical Company, and others. Imagine them as the Avengers, but for preserving your favorite beauty products.

What’s Driving the Plot?

Drivers:

Consumer Safety Awareness: Consumers are now Sherlock-level investigators, scrutinizing product labels for safety. Cosmetic preservatives, your silent guardians, ensure products are not only effective but also safe for the skin.

Rising Demand for Natural Beauty: In a world going green, consumers are on the lookout for preservatives derived from plant extracts. It’s like a beauty revolution — cleaner, safer, and closer to nature.

Restraints:

Regulatory Restrictions: The villains of our story — regulatory restrictions putting the squeeze on certain preservatives. But hey, necessity is the mother of innovation, right?

Recent Developments — The Plot Thickens

In this ever-evolving plot, we witness Symrise creating a strategic partnership with Synergio and Brenntag teaming up with ISCA. It’s like alliances forming in a Game of Thrones episode, but with less drama (hopefully).

Market Trends — The Twist in the Tale

Microbiome-Friendly Preservatives: Move over, ordinary preservatives; it’s time for the heroes supporting the skin’s microbiome. These preservatives don’t just protect, but they also dance harmoniously with the skin’s natural ecosystem — skincare with a sprinkle of romance.

The Final Act

In the grand finale, the Global Cosmetic Preservative Market paints a dynamic picture — a shift towards natural, sustainable solutions, innovative preservatives, and a quest for safer, more effective options. The drama continues, but one thing’s for sure — these unsung heroes aren’t leaving the stage anytime soon.

So, there you have it — the not-so-robotic journey into the heart of the Cosmetic Preservatives Market. Who knew preserving beauty could be this intriguing?

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[sqinsights]

Unlocking the Secrets of the Global Cosmetic Preservatives Market

So, you’ve stumbled upon the fascinating world of cosmetic preservatives — the unsung heroes behind your favorite skincare products. Forget the fancy terms like “unveiling” or “empowering”; let’s dive into the nitty-gritty without any AI-generated mumbo-jumbo.

The Numbers Game

The Global Cosmetic Preservative Market isn’t just a random assortment of digits. In 2022, it flaunted a cool USD 407.93 Million value, and rumor has it, it’s on track to flex its muscles at USD 689.19 Million by 2031. That’s a whopping 6% growth rate — not too shabby for the behind-the-scenes players!

Behind the Scenes Drama

Cosmetic preservatives may not have red carpets, but they do play some crucial roles. Picture this: skincare products without preservatives are like a suspense movie without a plot twist — everything falls apart. These unsung warriors combat microbial growth, stabilize formulas, and ward off the dreaded effects of water on your precious creams and lotions.

In March 2022, Sharon Labs decided to spice up its storyline by acquiring RES Pharma Industrial. A strategic move to integrate technology, research, and development capabilities — talk about a plot twist in the business world!

Natural vs. Synthetic Showdown

It’s the age-old battle of natural vs. synthetic. In one corner, we have natural preservatives strutting their stuff with oil extracts from curry leaves and cinnamon. In the other corner, synthetic preservatives like parabens and phenoxyethanol flex their muscles, proving to be the ultimate bacterial bouncers. Sorry, curry leaves, you tried!

Market Snapshot — Drama Unfolds

2024–2031 Global Market Highlights:

Size: USD 407.93 Million

Largest Segment: Skin & Sun Care

Fastest Growth: Fragrances & Perfumes, Makeup & Color

Growth Rate: A Steady 6% CAGR

Regional Drama:

North America Reigns Supreme: Holding the largest share, North America flaunts its dominance in the cosmetic preservatives saga.

Market Segmental Analysis — The Cast of Characters

Product Division:

Phenol Derivatives Take the Lead: These were the rockstars back in 2015, especially phenoxyethanol, stealing the spotlight in skin lightening creams and hair coloring solutions.

For More Information: https://www.skyquestt.com/report/cosmetic-preservatives-market

End Use Battle:

Skincare and Sunscreen Products in the Spotlight: A considerable 40.24% share, thanks to the growing fear of UV rays. Toiletries play the supporting role, gaining popularity in the Asia Pacific region — who knew personal hygiene could be so captivating?

The Competitive Landscape — Big Players in the Game

The Cosmetic Preservative Market isn’t a solo act; it’s a band with both small-scale indie players and big international corporations. Top players include BASF SE, Lonza Group, Dow Chemical Company, and others. Imagine them as the Avengers, but for preserving your favorite beauty products.

What’s Driving the Plot?

Drivers:

Consumer Safety Awareness: Consumers are now Sherlock-level investigators, scrutinizing product labels for safety. Cosmetic preservatives, your silent guardians, ensure products are not only effective but also safe for the skin.

Rising Demand for Natural Beauty: In a world going green, consumers are on the lookout for preservatives derived from plant extracts. It’s like a beauty revolution — cleaner, safer, and closer to nature.

Restraints:

Regulatory Restrictions: The villains of our story — regulatory restrictions putting the squeeze on certain preservatives. But hey, necessity is the mother of innovation, right?

Recent Developments — The Plot Thickens

In this ever-evolving plot, we witness Symrise creating a strategic partnership with Synergio and Brenntag teaming up with ISCA. It’s like alliances forming in a Game of Thrones episode, but with less drama (hopefully).

Market Trends — The Twist in the Tale

Microbiome-Friendly Preservatives: Move over, ordinary preservatives; it’s time for the heroes supporting the skin’s microbiome. These preservatives don’t just protect, but they also dance harmoniously with the skin’s natural ecosystem — skincare with a sprinkle of romance.

The Final Act

In the grand finale, the Global Cosmetic Preservative Market paints a dynamic picture — a shift towards natural, sustainable solutions, innovative preservatives, and a quest for safer, more effective options. The drama continues, but one thing’s for sure — these unsung heroes aren’t leaving the stage anytime soon.

So, there you have it — the not-so-robotic journey into the heart of the Cosmetic Preservatives Market. Who knew preserving beauty could be this intriguing?

About Us-

SkyQuest Technology Group is a Global Market Intelligence, Innovation Management & Commercialization organization that connects innovation to new markets, networks & collaborators for achieving Sustainable Development Goals.

Contact Us-

SkyQuest Technology Consulting Pvt. Ltd.

1 Apache Way,

Westford,

Massachusetts 01886

USA (+1) 617–230–0741

Email- info@skyquestt.com

Website: https://www.skyquestt.com

[infinitiresearch]

Cosmetic Ingredients Market| Analysis, Growth and Forecast, 2023 – 2027

Originally published on Technavio: Cosmetic Ingredients Market by Type, Application and Geography - Forecast and Analysis 2023-2027

The Cosmetic Ingredients Market is poised for substantial growth, as indicated by a comprehensive forecast and analysis covering the period from 2023 to 2027. This research explores key elements of the market, emphasizing the types of cosmetic ingredients, their applications, and the global geographical considerations.

In terms of types, the Cosmetic Ingredients Market encompasses a diverse array of ingredients that contribute to the formulation of cosmetic and personal care products. Common types include emollients, surfactants, preservatives, antioxidants, and colorants. Emollients, such as oils and fatty acids, provide moisturization and enhance the texture of cosmetic products. Surfactants function as cleansing agents and emulsifiers, ensuring the even distribution of ingredients. Preservatives prevent the growth of microorganisms, extending the shelf life of products. Antioxidants contribute to the stability of formulations by protecting against oxidative degradation, and colorants add visual appeal. The forecasted period is marked by a growing demand for natural and sustainable cosmetic ingredients, driven by consumer preferences for clean and eco-friendly beauty products.

Applications of cosmetic ingredients are vast and cover various segments within the beauty and personal care industry. These include skincare, haircare, makeup, and toiletries. In skincare, ingredients like moisturizers, anti-aging agents, and sunscreens are prevalent. Haircare formulations incorporate ingredients for cleansing, conditioning, and styling. Makeup products utilize colorants, emollients, and pigments. Toiletries, such as soaps and body washes, rely on surfactants and fragrances. The market is characterized by ongoing innovations in ingredient functionalities and formulations to meet evolving consumer preferences for efficacy, safety, and sensory experiences.

Geographically, the market forecast underscores the global nature of the Cosmetic Ingredients Market. Regions such as North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa are anticipated to experience varying degrees of market growth. Factors such as beauty trends, cultural preferences, and regulatory standards contribute to regional market dynamics. Asia-Pacific, driven by the beauty-conscious markets of China, Japan, and South Korea, is expected to be a significant growth region, reflecting the region's influence on global beauty trends.

The forecasted period from 2023 to 2027 is marked by an industry-wide emphasis on natural ingredients, product innovation, and sustainability. Cosmetic ingredients are evolving to meet the demands of consumers seeking products aligned with clean beauty principles and ethical sourcing. Manufacturers are investing in research and development to discover novel ingredients and enhance the performance of existing ones. Innovations in plant-based ingredients, biotechnological processes, and eco-friendly packaging are anticipated to contribute to the market's positive trajectory, addressing the changing landscape of the beauty and personal care industry.

To Learn deeper into this report , View Sample PDF

In conclusion, the Cosmetic Ingredients Market is forecasted to experience significant growth, driven by diverse ingredient types, applications, and global geographical considerations. The industry's evolution aligns with broader trends in clean beauty, sustainability, and the increasing importance of consumer-centric formulations in the competitive global beauty market.

For more information please contact.

[jayanthitbrc]

Fueling Progress: Fermentation Chemicals Market's Projected Growth 2023-2032

The Fermentation Chemicals Global Market Report 2023, provides comprehensive information on the fermentation chemicals market across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.

Learn More On The Fermentation Chemicals Market’s Growth:

The global fermentation chemicals market size is expected to grow from $63.23 billion in 2022 to $67.49 billion in 2023 at a compound annual growth rate (CAGR) of 6.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global fermentation chemicals market size is expected to grow to $84.88 billion in 2027 at a CAGR of 5.9%.

Get A Free Sample Of The Report (Includes Graphs And Tables):

Technological advancement is a key trend in the fermentation chemicals market. Major companies operating in the fermentation chemicals market are focused on developing innovative solutions to strengthen their position in the market. For instance, in August 2020, Locus Performance Ingredients™, a US-based biochemistry and fermentation company launched Ferma™. The product has a pure sophorolipid family of biosurfactants (INCI: Glycolipids) that provides safer and more sustainable component solutions with 5-25 times greater performance, allowing for reduced consumption rates and a 37% reduction in carbon footprint. The Ferma™ line assists personal care formulators in overcoming regulatory obstacles, financial constraints, and customer concerns by giving access to highly adaptable ingredients that are 100% bio-based and GMO-free.

The fermentation chemicals market is segmented:

1) By Product Type: Alcohols And Ketones, Amino Acids, Industrial Enzymes, Organic Acids, Other Product Types

2) By Form: Liquid, Powder

3) By Application: Food And Beverages, Plastics And Fibers, Nutritional And Pharmaceuticals, Industrial Application, Cosmetic And Toiletry, Other Applications

North America was the largest region in the fermentation chemicals market in 2022.

The table of contents in TBRC’s fermentation chemicals market report includes:

1. Executive Summary

2. Fermentation Chemicals Market Characteristics

3. Fermentation Chemicals Market Trends And Strategies

4. Fermentation Chemicals Market - Macro Economic Scenario 5. Fermentation Chemicals Market Size And Growth

.

.

27. Fermentation Chemicals Market Competitive Landscape And Company Profiles 28. Key Mergers And Acquisitions In Fermentation Chemicals Market

29. Fermentation Chemicals Market Future Outlook and Potential Analysis

30. Appendix

Learn About Us:  The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players. Contact Us:  The Business Research Company  Europe: +44 207 1930 708

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[delvenservices]

Essential Oils Market Size & Share Analysis

Essential Oils Market, By Type (Orange, Lemon, Lime, Peppermint, Citronella, and Others), Application (Food & Beverage, Cosmetics & Toiletries, Aromatherapy, Home Care, Health Care), Method of Extraction and Geography (North America, Europe, Asia-Pacific, Middle East and Africa and South America)

Market Overview

Global Essential Oils market is anticipated to reach USD 10.4 billion in 2021 growing at a CAGR of 9.4% during the forecasting period, 2021-2028.

Essential oils are flower, herbs and plant extracts that are concentrated in order to maintain their essence, fragrance and flavour. These are hydrophobic in nature and are also volatile. They are called essential since they are being derived from a living organism. There are multiple process used to derive these oils which include distillation and steaming. These oils have been believed to have calming effect on mind.

Due to an increased trend of aromatherapy along with the use in cosmetic and beverages are some of the factors that have supported long-term expansion for Essential Oils industry.

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Key Findings

Global Essential Oils market is segmented into Type, Application, Method of Extraction and geography.

Type segment is segmented into Orange, Lemon, Lime, Peppermint, Citronella, and Others

Application segment is segmented into Food & Beverage, Cosmetics & Toiletries, Aromatherapy, Home Care, and Healthcare

Geographically, global Essential Oils market is sub segmented into North America, Europe, Asia-Pacific, Middle East and Africa and South America and insights are provided for each region and major countries within the regions

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Competitive Landscape

Key players in global Essential Oils market are  

Cargill, Inc. (US),

DuPont (US),

Koninklijke DSM N.V. (Netherlands),

dôTERRA International LLC (US),

Givaudan SA (Switzerland),

Young Living Essential Oils (US),

The Lebermuth Company, Inc. (US),

Symrise (Germany),

Sensient Technologies Corporation (US),

Essential oils of New Zealand (New Zealand),

Firmenich SA (Switzerland),

International Flavors & Fragrances Inc. (US),

Mane (France),

ROBERTET SA (France),

Rocky Mountain Oils LLC (US),

BIOLANDES SAS (France),

Falcon (India),

Farroti (Italy),

Indian Essential Oils (India),

Ungerer Limited (UK)

Reasons to Acquire

Increase your understanding of the market for identifying the best and suitable strategies and decisions on the basis of sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends and factors

Gain authentic and granular data access for Essential Oils market so as to understand the trends and the factors involved behind changing market situations

Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future

In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns

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The Essential Oils Market report answers a number of crucial questions, including:

Which companies dominate the Essential Oils Market?

What current trends will influence the market over the next few years?

 What are the market's opportunities, obstacles, and driving forces?

What predictions for the future can help with strategic decision-making?

What advantages does market research offer businesses?

Which particular market segments should industry players focus on in order to take advantage of the most recent technical advancements?

What is the anticipated growth rate for the market economy globally?

About Us:

Delvens is a strategic advisory and consulting company headquartered in New Delhi, India. The company holds expertise in providing syndicated research reports, customized research reports and consulting services. Delvens qualitative and quantitative data is highly utilized by each level from niche to major markets, serving more than 1K prominent companies by assuring to provide the information on country, regional and global business environment. We have a database for more than 45 industries in more than 115+ major countries globally.

Delvens database assists the clients by providing in-depth information in crucial business decisions. Delvens offers significant facts and figures across various industries namely Healthcare, IT & Telecom, Chemicals & Materials, Semiconductor & Electronics, Energy, Pharmaceutical, Consumer Goods & Services, Food & Beverages. Our company provides an exhaustive and comprehensive understanding of the business environment.

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[alliedcreation]

Global Essential Oil Soap Market Expected to Reach $458.6 Million by 2026

“Essential Oil Soap Market by Product Type, and Distribution Channel: Global Opportunity Analysis and Industry Forecast, 2019–2026,” The global essential oil soap market size was valued at $261.2 million in 2018 and is anticipated to reach $458.6 million by 2026, with a CAGR of 8.3% North America dominated the market in 2018, accounting for 37.4% of the total essential oil soap market share. The global market exhibits an incremental revenue opportunity of $ 210.9 million from 2018 to 2026.

Essential oils are complex mixtures of organic chemicals, which are extracted from plants using the distillation process. Apart from distillation, other processes, such as expression, solvent extraction, absolute oil extraction, cold pressing, and resin tapping, are used for the production of essential oils. Natural essential oil based soaps are popular in the personal care industry due to their distinct benefits over synthetic products. The artisanal nature of the products and higher cost of ingredients have positioned essential oil soap in premium persona care product categories. The products manufactured by private label brands have premium pricing owing to higher cost associated with soap preparation and lack of economies of scale for manufacturers. The rise in cost of raw materials such as oil/fats, essential oils, and other ingredients along with rise in overhead expenses and distribution margins are anticipated to further increase the overall cost of product during the essential oil soap market forecast period.

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Sedentary lifestyle and work stress have increased the need for relaxation and stress buster therapies among individuals. Massages have been an integral part of the Chinese, Egyptian, Greek, Roman, Japanese, and Indian traditions. Spas and rejuvenating centers use essential oils to enhance the experience of massage therapies. These relaxation therapies include holistic treatment methods that use plants essential oils to balance mind, body, and soul. The increase in adoption of essential oil based products such as body wash, soap, powder, and other personal care products is expected to propel the market growth in near future.

The demand for natural ingredients has increased for manufacturing cosmetics, and personal care industries. Synthetic ingredients used in personal care product often lead to lung diseases, skin allergy, respiratory problems, and brain disorders. To overcome such hurdles, the manufacturers are now opting for more natural and user friendly ingredients such as essential oils. Essential oils are widely used in the production of daily use cosmetics and personal care products and are expected to gain momentum due to increased spending on cosmetics and toiletries. The increased spending on user friendly cosmetic ingredients such as essential oil is expected to drive the overall essential oil soap market growth.

The essential oil soap market is segmented on the basis of product type, distribution channel, and region. By product type, it is categorized into lavender essential oil, rose essential oil, tea tree essential oil, rosemary essential oil, peppermint essential oil, and others. The lavender essential oil segment is expected to remain dominant with a revenue share of 20.0-21.0% due to multiple benefits such as improving hair health, skin health, and digestion. By distribution channel, it is categorized into supermarket/hypermarket, e-commerce, retail stores, and pharmaceutical stores. E-commerce segment would be the fastest growing segment due to increased penetration of private label brands in online sales channels. The rise in spending on branded personal care products through online sales platforms and lucrative price discount offered by vendors are anticipated to be the prime factors responsible for the growth of the essential oil soap market.

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Region-wise, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, France, Spain, Italy, and Rest of Europe), Asia-Pacific (China, India, Japan, Australia, South Korea, and Rest of Asia-Pacific), and LAMEA (the Middle East, Latin America, and Africa).

Key Findings of the Study:

The lavender essential oil soap segment is expected to grow at a CAGR of 8.0% during the forecast period. North America is anticipated to dominate the market growth, registering a CAGR of 6.9%. Asia-Pacific is projected to exhibit exponential growth throughout 2026, registering the highest of CAGR 11.8%. The supermarket/hypermarket distribution segment is anticipated to dominate the global essential oil soap market analysis, with a CAGR of 6.7% during the forecast period. The E-commerce segment is estimated to grow at a CAGR of 10.2% during the forecast period. The key players operating in the global essential oil soap industry include kama Ayurveda, forest essentials, Edens Garden, Lush, Sunleaf Naturals, LLC, Virginia Aromatics, Wipro Unza Holdings Ltd., Olay, Dove, and Enchanteur.

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[blueweaveconsultingblog]

Personal Care Specialty Ingredients Market Insight, Analysis, Report 2022-2029

BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated global personal care specialty ingredients market size at USD 11.79 billion in 2022. During the forecast period between 2023 and 2029, BlueWeave expects global personal care specialty ingredients market size to grow at a significant CAGR of 5.28% reaching a value of USD 16.71 billion by 2029. Major growth drivers for the global personal care specialty ingredients market include an increasing awareness among consumers regarding the hazardous nature of synthetic chemicals utilized in personal care products and toiletries. The desire to maintain a youthful appearance, especially among the aging population, has also contributed to the increased demand for anti-aging personal care items. Specialty ingredients like peptides, retinol, and hyaluronic acid are commonly utilized to target aging signs and enhance skin texture. Manufacturers continuously innovate by developing new and advanced specialty ingredients to meet consumer expectations and address specific skincare needs. These innovations often emphasize natural and sustainable ingredients, as well as customized formulations tailored to different skin and hair types. Additionally, the growth in disposable income in emerging economies has led to higher purchasing power for personal care products, driving the demand for premium and specialized items and fueling the market for specialty ingredients. Consequently, these factors are anticipated to propel the growth of the global personal care specialty ingredients market throughout the forecast period. However, volatile raw material prices are anticipated to restrain the overall market growth.

Global Personal Care Specialty Ingredients Market – Overview

The global personal care specialty ingredients market refers to the industry that supplies a wide range of specialized ingredients used in the formulation of personal care products. These ingredients are designed to enhance the performance, efficacy, and overall quality of personal care items such as skincare products, hair care products, cosmetics, oral care products, and fragrances. The market includes a diverse array of specialty ingredients, including emollients, surfactants, conditioning polymers, emulsifiers, rheology modifiers, UV absorbers, active ingredients, and other specialized compounds. These ingredients are sourced, manufactured, and distributed by companies operating in the personal care industry to meet the growing demand for innovative, effective, and safe products in the global marketplace.

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Impact of COVID-19 on Global Personal Care Specialty Ingredients Market

COVID-19 pandemic had a dual impact on the global personal care specialty ingredients market. While there was a short-term decline in demand due to lockdowns and supply chain disruptions, the market quickly rebounded as consumer focus shifted towards personal hygiene and self-care. The increased emphasis on hand sanitizers, soaps, and skincare products created new opportunities. However, challenges such as reduced consumer spending, disrupted distribution channels, and a shift in consumer preferences towards essential products have affected the market. Additionally, the pandemic has also led to supply chain complexities, increased costs, and regulatory hurdles, impacting the overall growth trajectory.

Global Personal Care Specialty Ingredients Market – By Application

Based on application, the global personal care specialty ingredients market is divided into Hair Care, Shampoo, Hair Gel, Skin Care, Creams & Lotions, and other segments (Cleansers, Moisturizers, Body Wash, Color Cosmetics, Nail Care, Lip Products, Facial Make Up, Eye Make Up, Oral Care, Toothpastes, Mouth Washes & Rinses, Denture Cleaning & Care) segments. The skincare segment holds the highest share in the global personal care specialty ingredients market. Skincare products are an integral part of daily self-care routines and are in high demand across demographics. Consumers are increasingly prioritizing skincare as they seek products that address specific skin concerns, offer anti-aging properties, and provide overall skin health benefits. Personal care specialty ingredients play a crucial role in enhancing the efficacy and performance of skincare formulations, offering properties such as moisturization, anti-aging effects, UV protection, and texture improvement. This high demand for effective and innovative skincare products drives the need for a wide range of specialty ingredients.

Competitive Landscape

Major players operating in the global personal care specialty ingredients market include Ashland Global Holdings Inc., BASF SE, Clariant AG, Inolex, Croda International PLC, DOW, Evonik Industries, J.M. Huber Corporation, KCC Corporation, Solvay SA, Lonza Group, Cargill, Lubrizol Corporation, Huntsman International, and Wacker Chemie Ltd. To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.

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[yashallied]

Bangladesh Skin Care Products Market is Expected to Reach $2.12 Billion by 2027—Allied Market Research

 According to a new report published by Allied Market Research, titled, “Bangladesh Skin Care Products Market by Product Type, Demographics, Age Group and Sales Channel: Opportunity Analysis and Industry Forecast, 2021 –2027,” 

The Bangladesh skin care products market size was valued at $1.23 billion in 2019, and is projected to reach $2.12 billion by 2027, registering a CAGR of 8.1% from 2021 to 2027.      Rise in concerns related to beauty and health and the need to maintain an even skin tone is inclining consumers toward using skin care products such as different types of creams and lotions. Furthermore, consumers are opting for specialized products to avoid skin problems such as pimples or skin blackening, owing to external factors such as rise in pollution and UV radiation.

Moreover, the consumers are inclining toward natural products to avoid allergens caused by chemicals. In addition, awareness of the products through advertisements and celebrity endorsements drives the sales of skin care products across the country. Thus, the skin care products market is anticipated to witness gradual growth during the forecast period.  

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The cosmetics industry in the Bangladesh is mainly dominated by the international brands where quality issue surpasses the pricing of products amidst the factors influencing the buying decisions. Local manufacturers produce lower priced products under their own brands, focusing on middle to low price market niche. However, the local firms are facing difficulties to compete with multinational brands due to trade liberalization. Seven firms control around 95% of the total Bangladesh skin care products market, which include Unilever, Keya Cosmetics, Lily Cosmetics, Marks & Allys, Aromatic Cosmetics, Square Toiletries, and Kohinoor Chemical Company.

Furthermore, over the past few years, there is an increase in the number of internet users due to rise in internet penetration. Therefore, most of the key players in the Bangladesh skin care products market strategize on promoting their products on various social media platforms. Thus, through social media marketing strategy, the Bangladesh skin care products industry is witnessing lucrative growth opportunity.

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The cosmetics market in the country is growing rapidly, owing to the rise in popularity of well know cosmetics brands. Moreover, counterfeit products are driving this opportunity. Rapid growth in e-commerce distribution is the prime factor that fuels counterfeiting of Bangladesh skin care products market. Companies operating in skin care products market are facing challenges due to counterfeit product distribution in the market, and witnessing reduced sales volume. Such increased counterfeit activities due to lack of effective supply chain management is expected to hamper the revenue of Bangladesh skin care products market growth in the long run.  

According to Bangladesh skin care products market analysis, the market is segmented on the basis of product type, demographics, age group, and sales channel. Depending on product type, the market is categorized into cream, lotion, and others. By demographic, it is bifurcated into male and female. On the basis of age group, it is divided into generation X, millennial, and generation Z. As per sales channel, it is classified into supermarket/hypermarket, specialty stores, department stores, beauty salons, pharma & drug stores, and online sales channel.    

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Key findings of the study 

The Bangladesh skin care products market was valued at $1.23 billion in 2019 and is estimated to reach $2.12 billion by 2027, growing at a CAGR of 8.1%   throughout the forecast period.   

Based on product type, the cream segment held the major Bangladesh skin care products market share in 2019, and is likely to remain dominant throughout the forecast period. 

Based on demographics, the male segment is likely to hold the major annual growth rate of 8.5%. 

Based on age group, the Millennials held the highest share in the Bangladesh skin care products market.   

Supermarket/hypermarket sales channel is likely to reach $584.7 million by 2027 in the Bangladesh skin care products market.   

The key players profiled in the Bangladesh skin care products market include Unilever Group, Kohinoor Chemical Company (Bangladesh) Limited, Square, Keya, Tasmia Cosmetics & Toiletries Ltd., Estee Lauder Inc, Procter & Gamble, Mousumi Industries Limited, Rohto-Mentholatum, and Marico.