Lucintel's latest market report analyzed that personal care active ingredient provides attractive opportunities in skin care, hair care, oral care, makeup, toiletries, and fragrance applications. The personal care active ingredient market is expected to reach $6.0 billion by 2027 with a CAGR of 5.4%. In this market, moisturizing is the largest segment by ingredient type, whereas skin care is largest by application. The advancement in nanotechnology for manufacturing personal care products and improved conditioning agents used in hair care application for personal care provides strategic growth path in this market.
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Based on ingredient type, the personal care active ingredient market is segmented into moisturizing, anti-aging, uv protection, exfoliating, antimicrobial, and others. The moisturizing segment is accounted for the largest share of the market in 2021 due to its various properties of prevention from different type of skin related issues such as flaky, dry and scaly skin.
Browse in-depth TOC on “Personal Care Active Ingredient Market”
90 – Tables
106 – Figures
199 – Pages
The personal care active ingredient market is marked by the presence of several big and small players. Some of the prominent players offering personal care active ingredient include BASF, Solvay, Evonik, Croda, Clariant and others
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