Global Personal Care Ingredients Market 2018-2022
About Personal Care Ingredients
Personal care ingredients are used in the production of skin care products, hair care products, cosmetics, fragrances and toiletries, and oral hygiene products.
Technavio’s analysts forecast the Global Personal Care Ingredients Market to grow at a CAGR of 6.41% during the period 2018-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the global personal care ingredients market. To calculate the market size, the report considers the revenue generated from the sales of personal care ingredients.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Personal Care Ingredients Market 2018-2022
Technavio recognizes the following companies as the key players in the global personal care ingredients market: BASF, DSM, Evonik Industries, Solvay, and The Dow Chemical Company.
Commenting on the report, an analyst from Technavio’s team said: “One trend affecting this market is the growing consumer awareness of halal cosmetics.” Halal and haram words are used in relation to food products, cosmetics, personal care products, leather goods, and food ingredients.
According to the report, one driver influencing this market is the increased awareness of sun care products.
Further, the report states that one challenge affecting this market is the stringent government regulations on BPC products and their ingredients. The use of personal care ingredients in personal care products is controlled by stringent government regulations in almost all countries.
The Dow Chemical Company