According to a new market report published by Lucintel, the future of the antimicrobial active ingredient in the global personal care market looks promising with opportunities in the skin care, hair care, oral care, make up, toiletries, and fragrances applications. The antimicrobial active Ingredient in the global personal care market is expected to grow with a CAGR of 5.1% from 2021 to 2027. The major drivers for this market are growing demand for antiseptics and skin cleanser products, rising prevalence of allergy cases, and growth in the skin care market.
In this market, natural and synthetic ingredients are used in manufacturing of antimicrobial active ingredients. Lucintel forecasts that natural antimicrobial active ingredients will remain the fastest growing segment over the forecast period due to the increasing demand for organic beauty products to avoid side effects of synthetic products.
Within the antimicrobial active ingredient market, skin care will remain the largest application and it is also expected to witness the highest growth during the forecast period as antimicrobial ingredients are used in the formulations of skin care products to extend the effectiveness of creams and lotions, and to avoid the risks of side-effects caused by microbial activities
North America will remain the largest region over the forecast period due to high regulatory requirements from the government authorities and awareness in people regarding safe use of skin care products.
An emerging trend, which has a direct impact on the dynamics of the industry, includes development of naturally sourced antimicrobial ingredients and advanced nanotechnology for manufacturing antimicrobial products. Ashland, BASF, Lonza, Croda International, and Clariant AG are among the major antimicrobial active ingredient manufacturers.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the antimicrobial active Ingredient in the global personal care market by application, source, and region. Lucintel has prepared a comprehensive research report entitled “Growth Opportunities in the Antimicrobial Active Ingredient in the Global Personal Care Market 2022-2027: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a catalyst for growth strategy as it provides a comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the antimicrobial active Ingredient in the global personal care market by application, source, and region as follows:
By Application [Value ($B) shipment analysis for 2016 – 2027]:
Skin Care
Hair Care
Oral Care
Makeup
Toiletries
Fragrances
By Source [Value ($B) shipment analysis for 2016 – 2027]:
By Region [Value ($B) shipment analysis for 2016 – 2027]:
Germany
The United Kingdom
France
Russia
China
Japan
India
South Korea
This 205-page research report 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 www.lucintel.com/antimicrobial-active-ingredient-in-personal-care-market.aspx helpdesk@lucintel.com.
About Lucintel
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.
This report answers following 11 key questions:
Q.1 What are some of the most promising potential, high growth opportunities for the antimicrobial active Ingredient in the global personal care market by application (skin care, hair care, oral care, makeup, fragrances, and toiletries), 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 Which regions will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the market?
Q.5 What are the business risks and threats to the market?
Q.6 What are the emerging trends in this market and the reasons behind them?
Q.7 What are the changing demands of customers in the market?
Q.8 What are the new developments in the market? Which companies are leading these developments?
Q.9 Who are the major players in this market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in this area and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11 What M & A activities have taken place in the last 5 years in this market?