According to a new market report published by Lucintel, the future of the moisturizing active ingredient looks promising with opportunities in the skin care, hair care, oral care, makeup, and toiletries applications. Moisturizing active ingredient in the global personal care market is expected to reach an estimated $2.8 billion by 2027 with a CAGR of 5.3% from 2021 to 2027. The major drivers for this market are growing consumption of cosmetic products, growth in the skin care market, and rising demand for natural ingredients.
In this market, natural and synthetic ingredients are used in manufacturing of moisturizing active ingredients. Lucintel forecasts that natural moisturizing active ingredients will remain the fastest growing over the forecast period due to the increasing demand for organic beauty products to avoid side effects of synthetic products.
Within the moisturizing active ingredient in the global personal care market, skin care will remain the largest application and it is also expected to witness the highest growth during the forecast period due to increasing demand for organic skin related moisturizing cosmetic products.
Europe will remain the largest region over the forecast period due to high disposable income, increasing awareness on moisturizing products, and rising demand for organic skincare products.
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. Adeka, Ashland, BASF, Clarieant, Croda, and DOW are among the major moisturizing active ingredient manufacturers.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the moisturizing 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 Moisturizing Active Ingredient in the Global Personal Care Market 2022-2027: Trends, Forecast, and Opportunity Analysis.” This Lucintel report serves as a catalyst for growth strategy as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes a trend and forecast for the moisturizing active ingredient in the global personal care market by application, source, and region as follows:
By Application [Value ($ Million) shipment analysis for 2016 – 2027]:
Skin Care
Hair Care
Oral Care
Makeup
Toiletries
Fragrance
By Source [Value ($ Million) shipment analysis for 2016 – 2027]:
By Region [Value ($ Million) shipment analysis for 2016 – 2027]:
North America
United States
Canada
Mexico
Europe
Germany
France
The United Kingdom
Italy
Asia Pacific
The Rest of the World
This 200-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 visit us at helpdesk@lucintel.com.
About Lucintel
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This report answers following 11 key questions:
Q.1 What are some of the most promising potential, high-growth opportunities for the moisturizing active ingredient in the global personal care 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 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 emerging trends in this market and the reasons behind them?
Q.7 What are some 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?