According to a new market report published by Lucintel, the future of the natural microbead market looks promising with opportunities in the cosmetics and personal care products. The global natural microbead market is expected to with a CAGR of 19% to 21% from 2023 to 2028. The major growth drivers for this market are increasing spending on cosmetics and personal care products along with rising awareness towards usage of natural microbeads over non-bio gradable have led to the growth of natural microbead market.
In this market, cosmetic and personal care are the major end use industries. On the basis of its comprehensive research, Lucintel forecasts that cosmetic will grow at a highest growth rate over the forecast period due to changing lifestyle of consumers along with rapidly expanding cosmetics industry.
North America is expected to remain the largest region over the forecast period due to introduction of stringent government regulations, which has increased demand for natural-based products.
BASF, Naturbeads, Rengo, Vintex, TerraVerdae, and others are the major suppliers in the natural microbead market.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global natural microbead market by end use industry and region. Lucintel has prepared a comprehensive research report titled “Growth Opportunities in the Global Natural Microbead Market 2023-2028: 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 global natural microbead market by end use industry and region as follows:
Global Natural Microbead Market by End Use Industry [Value ($M) Shipment Analysis from 2017 to 2028]:
· Cosmetic
· Personal Care
· Others
Global Natural Microbead Market by Region [Value ($M) Shipment Analysis from 2017 to 2028]:
· North America
· Europe
· Asia Pacific
· The Rest of the World
A more than 150 pages and in-depth TOC on “Global Natural Microbead Market". To download report brochure, please go to
https://www.lucintel.com and click "report brochure" tab from the menu.
About Lucintel
Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. Lucintel 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 the following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the natural microbead market by end use industry (cosmetic, personal care, and others) 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 region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of 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 key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last five years and what has its impact been on the industry?