The “Personal Care Chemicals Market” Research Report provides internal and external data and expert surveys in the Personal Care Chemicals industry. This report has commitments to market factors, Personal Care Chemicals market drivers, constraints, difficulties, patterns and market factors for which disclosure is broadly described. Also, a five-year historic analysis is provided for these markets. Market data and analytics are derived from primary and secondary research.
Personal Care Chemicals Market Report Also Covers Marketing Strategy Analysis, Top Manufacturers:
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Scope of the Report:
Key questions answered in the report include:
- What will the market size and the growth rate be in 2024?
- What are the key factors driving the global Personal Care Chemicals market?
- What are the key market trends impacting the growth of the global Personal Care Chemicals market?
- What are the challenges to market growth?
- Who are the key vendors in the global Personal Care Chemicals market?
- What are the market opportunities and threats faced by the vendors in the global Personal Care Chemicals market?
- Trending factors influencing the market shares of the relevant regions.
- What are the key outcomes of the five forces analysis of the global Personal Care Chemicals market?
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Market Dynamics: –
- Drivers: (Developing regions and growing markets)
- Limitations: (Regional, Key Player facing Issues, Future Barriers for growth)
- Opportunities: (Regional, Growth Rate, Competitive, Consumption)
The report provides key statistics on the market status of the Personal Care Chemicals Market manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the Personal Care Chemicals .
Key Market Trends:
Skin Care Application to Witness Higher Potential Growth
– Skin care application dominated the global personal care chemicals market in 2018 with an estimated share of around 40%. Increasing youth population, growing purchasing power among urban households, preference for a sophisticated lifestyle is driving the market for skin care products globally.
– The global skin care market is expected to grow at an average rate of around 5% annually. The industry has witnessed a shift of demand from older consumers to a growing younger consumer base. People are increasingly becoming more self-aware about themselves and hence started using skin care at an increasingly young age in order to delay the signs of aging.
– Every single year, new skin care products are being launched by various beauty brands and the trend is likely to grow in the near future owing to the remarkable growth in such segments. For example, the sudden emergence of sheet-masks has taken the skin care by storm and has experienced remarkable growth through 2018 which is expected to continue through 2019 and 2020 too.
– Owing to the boom in skin care products, various smaller manufacturers too have ventured into the marketplace to avail the benefits of the continuously thriving industry. Through the last two years, on an average, over 100 new brands debuted in department and specialty stores in the United States.
– Such positive factors are expected to drive the market for skin care products, and hence the demand for personal care chemicals through the forecast period.
In Asia-Pacific region, India to dominate the Market
– The India personal care chemicals market is expected to register the fastest growth of more than 12% among other Asia-Pacific countries.
– At present, penetration of personal care products in India is comparatively lower when compared to developed or even other developing economies. However, improving economic environment and increasing purchasing power of the Indian population is expected to increase the adoption of personal care products in the country, thereby driving the demand for personal care chemicals.
– According to a report published by the Ministry of Economy and Industry, the beauty and personal care (BPC) industry in the country is expected to reach more than USD 10 billion by 2021, at an estimated growth rate of 5%-6% annually. The personal care and cosmetics sector in India is expected to register continuous growth, with increasing shelf space in retail stores and boutiques in India.
– Moreover, the increasing adoption of mens grooming products (growth of more than 42% since the last five years) in the country too is expected to have a favorable effect on the market.
– According to a study by Assocham, one of the apex trade associations of India, the countrys beauty, cosmetic and grooming market is expected to reach USD 20 billion by 2025.
– Such factors are expected to drive the use of personal care chemicals in the county through the forecast period.
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Detailed TOC of Personal Care Chemicals Market Report 2019-2024:
1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1.1 Growing Awareness among Beauty and Skin Care Products
4.1.2 Increase in Demand for Products with Active Ingredients
4.1.3 Other Drivers
4.2.1 Stringent Government Regulations Limiting the Use of Certain Cosmetic Chemicals
4.2.2 Other Restraints
4.3 Industry Value-Chain Analysis
4.4 Porters 5 Forces Analysis
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Consumers
4.4.3 Threat of New Entrants
4.4.4 Threat of Substitute Products and Services
4.4.5 Degree of Competition
5 MARKET SEGMENTATION
5.1.1 Inactive Ingredients
5.1.2 Active Ingredients
188.8.131.52 Conditioning Agents
184.108.40.206 UV Ingredients
5.2.1 Skin Care
5.2.2 Hair Care
5.2.5 Oral Care
5.2.6 Other Applications
220.127.116.11 South Korea
18.104.22.168 Rest of Asia-Pacific
5.3.2 North America
22.214.171.124 United States
126.96.36.199 United Kingdom
188.8.131.52 Rest of Europe
5.3.4 South America
184.108.40.206 Rest of South America
5.3.5 Middle East & Africa
220.127.116.11 Saudi Arabia
18.104.22.168 South Africa
22.214.171.124 Rest of Middle East & Africa
6 COMPETITIVE LANDSCAPE
6.1 Mergers & Acquisitions, Joint Ventures, Collaborations, and Agreements
6.2 Market Share Analysis**
6.3 Strategies Adopted by Leading Players
6.4 Company Profiles
6.4.2 Croda International Plc
6.4.3 BASF SE
6.4.5 Evonik Industries AG
6.4.10 Wacker Chemie AG
6.4.12 Stepan Company
6.4.13 Merck KGaA
6.4.14 Huntsman International LLC
6.4.16 The Lubrizol Corporation
6.4.17 Galaxy Surfactants Ltd.
7 MARKET OPPORTUNITIES AND FUTURE TRENDS
7.1 Growing Customer Demand for Natural Ingredients Opening Opportunities for Technical Innovation
Name: Ajay More
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