세계의 퍼스널케어 성분 시장 규모 : 성분 유형별, 용도별, 지역별, 범위 및 예측

Personal Care Ingredients Market Size And Forecast

Personal Care Ingredients Market size was valued at USD 12.22 Billion in 2024 and is projected to reach USD 16.97 Billion by 2031, growing at a CAGR of 4.19% from 2024 to 2031. Personal care ingredients refer to the various chemical and natural compounds used in cosmetic and hygiene products to enhance their performance, texture, and stability. These ingredients include moisturizers, emulsifiers, surfactants, preservatives, and active agents that provide specific benefits, such as anti-aging, sun protection, or antibacterial properties. The formulation of personal care products relies on a careful selection of these ingredients to ensure safety, effectiveness, and consumer satisfaction.

Personal care ingredients are fundamental to a wide range of products, including skincare, haircare, makeup, and oral hygiene items. For instance, humectants like glycerin are commonly used in moisturizers to attract moisture to the skin, while surfactants such as sodium lauryl sulfate are integral to shampoos and cleansers for their foaming properties.

Additionally, active ingredients like retinol and hyaluronic acid are increasingly popular in anti-aging products, highlighting the diverse roles these ingredients play in promoting health and beauty.

Global Personal Care Ingredients Market Dynamics

The key market dynamics that are shaping the global personal care ingredients market include:

Key Market Drivers

Rising Demand for Natural and Organic Ingredients:

The rising demand for natural and organic ingredients is reshaping the personal care ingredients market. Consumers are increasingly seeking products that are free from synthetic chemicals and harmful additives. According to the Alliance for Regenerative Medicine, as of 2023, there were over 1,200 ongoing clinical trials for cell and gene therapies worldwide, with cancer being the primary focus area.

Growing Awareness of Skin and Hair Health:

Growing awareness of the importance of skin and hair health is driving consumers to choose effective personal care products. This trend encourages brands to incorporate beneficial ingredients that cater to various health concerns. According to the National Institutes of Health (NIH), funding for stem cell research reached $2.1 billion in fiscal year 2023, a 15% increase from the previous year. A significant portion of this research involves improving cell collection methods, including leukapheresis.

Increasing Popularity of Anti-Aging Products:

The increasing popularity of anti-aging products is significantly impacting the market for personal care ingredients. As consumers age, they seek formulations that provide visible results in skin rejuvenation and maintenance. A survey conducted by the American Society for Apheresis (ASFA) in late 2023 found that 72% of apheresis centers in the United States had adopted fully or partially automated leukapheresis systems, up from 58% in 2020.

Key Challenges:

Rising Regulatory Challenges:

Rising regulatory challenges in the personal care industry can hinder market growth. Stricter compliance requirements for ingredient safety and labeling can complicate product development and increase costs.

Growing Competition from Substitutes:

Growing competition from alternative products, such as DIY formulations and natural remedies, poses a threat to the personal care ingredients market. Consumers may choose these options over traditional products, impacting sales.

Increasing Consumer Skepticism:

Increasing consumer skepticism regarding ingredient efficacy and safety can dampen demand for personal care products. Misinformation and negative perceptions can lead to cautious purchasing behavior among consumers.

Rising Costs of High-Quality Ingredients:

Rising costs associated with sourcing high-quality, sustainable ingredients can limit profitability for manufacturers. This challenge may lead to higher retail prices, which could deter price-sensitive consumers.

Key Trends

Rising Demand for Clean Beauty Products:

The rising demand for clean beauty products is transforming the personal care ingredients market. Consumers are increasingly prioritizing transparency and safety, seeking formulations free from harmful chemicals. According to a report by the NPD Group, sales of clean beauty products in the United States reached USD 5.4 Billion in 2023, representing a 12% year-over-year growth and accounting for 15% of the total prestige beauty market.

Growing Interest in Sustainable Sourcing:

There is a growing interest in sustainable sourcing of personal care ingredients among both consumers and manufacturers. This trend drives brands to prioritize eco-friendly practices and ethical ingredient sourcing to appeal to environmentally conscious buyers. A survey conducted by the Personal Care Products Council in late 2023 found that 73% of consumers consider sustainable sourcing practices important when choosing personal care products, up from 62% in 2021.

Increasing Use of Biotechnology:

The increasing use of biotechnology in developing innovative personal care ingredients is shaping the market landscape. Biotech-derived ingredients offer unique benefits, such as enhanced efficacy and sustainability, capturing consumer interest. According to a report by the Biotechnology Innovation Organization (BIO), the market for biotech-derived personal care ingredients reached USD 2.8 Billion in 2023, with a projected CAGR of 9.5% through 2028.

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Global Personal Care Ingredients Market Regional Analysis

Here is a more detailed regional analysis of the global personal care ingredients market:

North America

North America holds a commanding position in the global personal care ingredients market, driven by a robust cosmetics industry, increasing consumer awareness, and a strong demand for natural and organic products.

The United States leads the region with its innovative formulations and advanced research capabilities in personal care ingredients. According to the U.S. Bureau of Economic Analysis, the personal consumption expenditures on cosmetics and personal care products reached $93.7 billion in 2023, underscoring the significant market potential and consumer spending power in the region.

The region's dominance is further solidified by the presence of major personal care ingredient manufacturers and their continuous product innovations. Companies like Dow Chemical Company and BASF SE have been investing heavily in research and development to meet evolving consumer demands. In a recent development, Dow announced in February 2024 the launch of a new line of bio-based and biodegradable surfactants for personal care applications, addressing the growing demand for sustainable ingredients in the North American market.

Asia Pacific

The Asia Pacific region is experiencing rapid growth in the personal care ingredients market, driven by rising disposable incomes, changing lifestyles, and increasing awareness of personal grooming.

Countries like China, Japan, and India are leading this growth, with their expanding middle-class populations fueling demand for a wide range of personal care products. According to China's National Bureau of Statistics, the country's cosmetics retail sales reached 402.6 billion yuan in 2023, highlighting the massive market potential and consumer appetite for personal care products in the region.

The market's expansion is further accelerated by the growing trend of natural and organic ingredients in personal care formulations. Key players in the global personal care ingredients market are capitalizing on this trend by expanding their presence and product offerings in Asia Pacific. In a recent development, Croda International Plc announced in January 2024 the opening of a new R&D center in Singapore, focused on developing sustainable and bio-based personal care ingredients tailored to Asian consumer preferences.

Global Personal Care Ingredients Market: Segmentation Analysis

The Global Personal Care Ingredients Market is segmented based on Ingredient Type, Application, And Geography.

Personal Care Ingredients Market, By Ingredient Type

• Emollients
• Surfactants
• Rheology
• Modifiers
• Emulsifiers
• Conditioning Polymers

Based on the Ingredient Type, the Personal Care Ingredients Market is bifurcated into Emollients, Surfactants, Rheology, Modifiers, Emulsifiers, and Conditioning Polymers. In the personal care ingredients market, emollients dominate due to their widespread use in moisturizing products, enhancing skin feel, and providing hydration across various formulations. On the other hand, the surfactants segment is rapidly growing, driven by increasing consumer demand for effective cleansing products and the rise of multifunctional formulations. As consumers seek products with natural and sustainable ingredients, surfactants that deliver both cleansing and conditioning benefits are becoming increasingly popular, fueling this segment's expansion.

Personal Care Ingredients Market, By Application

• Skin Care
• Hair Care
• Oral Care
• Makeup

Based on the Application, the Personal Care Ingredients Market is bifurcated into Skin Care, Hair Care, Oral Care, and Makeup. In the personal care ingredients market, the skin care segment currently dominates, driven by the rising consumer focus on health and wellness, as well as the increasing demand for anti-aging and moisturizing products. Conversely, the hair care segment is rapidly growing, fueled by the popularity of specialized products such as shampoos, conditioners, and treatments that cater to diverse hair types and concerns. The shift towards natural and organic ingredients in hair care formulations is further accelerating this growth, as consumers seek products that promote both aesthetic and scalp health.

Personal Care Ingredients Market, By Geography

• North America
• Europe
• Asia Pacific
• Rest of the World

Based on Geography, the Global Personal Care Ingredients Market is classified into North America, Europe, Asia Pacific, and the Rest of the world. In the personal care ingredients market, North America currently dominates, supported by a strong demand for innovative and high-quality personal care products, along with a well-established retail infrastructure. However, the Asia Pacific region is experiencing rapid growth, driven by increasing disposable incomes, a rising middle-class population, and a growing interest in beauty and wellness. This region's expanding market for both traditional and natural personal care products is fueled by changing consumer preferences and a vibrant cosmetics industry, making it a key area for future growth.

Key Players

• The "Global Personal Care Ingredients Market" study report will provide valuable insight with an emphasis on the global market. The major players in the market are
• BASF SE, Ashland, Inc., Solvay, Dow Chemical Company, Clariant, Croda International Plc., Evonik Industries AG, Nouryon, Lonza, Eastman Kingsport, and DSM.

Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.

Global Personal Care Ingredients Market Key Developments

• In September 2023, BASF launched a new line of bio-based emulsifiers aimed at enhancing the sustainability of personal care formulations, catering to the increasing demand for eco-friendly products.
• In August 2023, Evonik Industries introduced a novel active ingredient derived from natural sources, designed to improve skin hydration and anti-aging benefits in cosmetic products.

TABLE OF CONTENTS

1 INTRODUCTION OF GLOBAL PERSONAL CARE INGREDIENTS MARKET

• 1.1 Overview of the Market
• 1.2 Scope of Report
• 1.3 Assumptions

2 EXECUTIVE SUMMARY

3 RESEARCH METHODOLOGY OF VERIFIED MARKET RESEARCH

• 3.1 Data Mining
• 3.2 Validation
• 3.3 Primary Interviews
• 3.4 List of Data Sources

4 GLOBAL PERSONAL CARE INGREDIENTS MARKET OUTLOOK

• 4.1 Overview
• 4.2 Market Dynamics
  • 4.2.1 Drivers
  • 4.2.2 Restraints
  • 4.2.3 Opportunities
• 4.3 Porters Five Force Model
• 4.4 Value Chain Analysis

5 GLOBAL PERSONAL CARE INGREDIENTS MARKET, BY INGREDIENT TYPE

• 5.1 Overview
• 5.2 Emollients
• 5.3 Surfactants
• 5.4 Rheology
• 5.5 Modifiers
• 5.6 Emulsifiers
• 5.7 Conditioning Polymers

6 GLOBAL PERSONAL CARE INGREDIENTS MARKET, BY APPLICATION

• 6.1 Overview
• 6.2 Skin Care
• 6.3 Hair Care
• 6.4 Oral Care
• 6.5 Makeup

7 GLOBAL PERSONAL CARE INGREDIENTS MARKET, BY GEOGRAPHY

• 7.1 Overview
• 7.2 North America
  • 7.2.1 U.S.
  • 7.2.2 Canada
  • 7.2.3 Mexico
• 7.3 Europe
  • 7.3.1 Germany
  • 7.3.2 U.K.
  • 7.3.3 France
  • 7.3.4 Rest of Europe
• 7.4 Asia Pacific
  • 7.4.1 China
  • 7.4.2 Japan
  • 7.4.3 India
  • 7.4.4 Rest of Asia Pacific
• 7.5 Rest of the World
  • 7.5.1 Latin America
  • 7.5.2 Middle East And Africa

8 GLOBAL PERSONAL CARE INGREDIENTS MARKET COMPETITIVE LANDSCAPE

• 8.1 Overview
• 8.2 Company Market Ranking
• 8.3 Key Development Strategies

9 COMPANY PROFILES

• 9.1 BASF SE
  • 9.1.1 Overview
  • 9.1.2 Financial Performance
  • 9.1.3 Product Outlook
  • 9.1.4 Key Developments
• 9.2 Ashland Inc
  • 9.2.1 Overview
  • 9.2.2 Financial Performance
  • 9.2.3 Product Outlook
  • 9.2.4 Key Developments
• 9.3 Solvay
  • 9.3.1 Overview
  • 9.3.2 Financial Performance
  • 9.3.3 Product Outlook
  • 9.3.4 Key Developments
• 9.4 Dow Chemical Company
  • 9.4.1 Overview
  • 9.4.2 Financial Performance
  • 9.4.3 Product Outlook
  • 9.4.4 Key Developments
• 9.5 Clariant
  • 9.5.1 Overview
  • 9.5.2 Financial Performance
  • 9.5.3 Product Outlook
  • 9.5.4 Key Developments
• 9.6 Croda International Plc.
  • 9.6.1 Overview
  • 9.6.2 Financial Performance
  • 9.6.3 Product Outlook
  • 9.6.4 Key Developments
• 9.7 Evonik Industries AG
  • 9.7.1 Overview
  • 9.7.2 Financial Performance
  • 9.7.3 Product Outlook
  • 9.7.4 Key Developments
• 9.8 Nouryon
  • 9.8.1 Overview
  • 9.8.2 Financial Performance
  • 9.8.3 Product Outlook
  • 9.8.4 Key Developments
• 9.9 Lonza
  • 9.9.1 Overview
  • 9.9.2 Financial Performance
  • 9.9.3 Product Outlook
  • 9.9.4 Key Developments
• 9.10 Eastman Kingsport
  • 9.10.1 Overview
  • 9.10.2 Financial Performance
  • 9.10.3 Product Outlook
  • 9.10.4 Key Developments

10 KEY DEVELOPMENTS

• 10.1 Product Launches/Developments
• 10.2 Mergers and Acquisitions
• 10.3 Business Expansions
• 10.4 Partnerships and Collaborations

11 Appendix

• 11.1 Related Research