Personal Care Specialty Ingredients Market To Show Strong Growth & Demand | Dow Chemicals , Naturex, BASF SE , Ashland, Inc. , Symrise Group

Global Personal Care Specialty Ingredients Market Size study, by Product (Active and Inactive), and Regional Forecasts 2021-2027, The ‘ Personal Care Specialty Ingredients market’ research report added by Report Ocean, is an in-depth analysis of the latest developments, market size, status, upcoming technologies, industry drivers, challenges, regulatory policies, with key company profiles and strategies of players. The research study provides market overview; Personal Care Specialty Ingredients derived key statistics, based on the market status of the manufacturers and is a valuable source of guidance and direction for companies and individuals interested in Personal Care Specialty Ingredients market size forecast, Get report to understand the structure of the complete fine points (Including Full TOC, List of Tables & Figures, Chart).

A combination of factors, including COVID-19 containment situation, end-use market recovery & Recovery Timeline of 2020/ 2021

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Key Segments Studied in the Global Personal Care Specialty Ingredients Market 

Global Personal Care Specialty Ingredients Market to reach USD 18.45 billion by 2027.Global Personal Care Specialty Ingredients Market is valued approximately USD 12.77 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 5.40 % over the forecast period 2021-2027. Personal care ingredients are raw materials used in the production of skin care products. These ingredients can be used in skin care products as anti-fungal agents, skin conditioning agents, anti-aging agents, and other ingredients. Increasing consumer awareness of the toxicity of synthetic chemicals used in personal care products and toiletries contributing to the increasing use of organic products. The long term benefits of natural products and change in lifestyle is also attracting the consumer towards personal care products. In addition to that, increasing awareness regarding personal grooming and rapid urbanization has driven the market for personal care specialty ingredients. As per the report of Global Wellness Institute, in 2018, the personal care, beauty and anti-aging industry accounted to $1083 billion in 2017. According to the report of National Center for Biotechnology Information (NCBI), Americans spends around $43 billion on skin care industry. However, fluctuation in the production and supply of raw materials and restriction on certain ingredients hampers the growth of the market over the forecast period of 2021-2027. Also, demand for cruelty-free cosmetics, and production of innovative and customized products may increase the adoption & demand for personal care specialty ingredients during the forecast period.

The global personal care specialty ingredients market is segmented into key regions such as Asia Pacific, North America, Europe, Latin America, and the Rest of the World. Asia Pacific is the leading region across the world in terms of market share owing to the shifting consumer trend towards skin care and hair care products and new startups in personal care industry. Whereas, North America is also expected to show highest growth rate over the forecast period 2021-2027. Factors such as growing awareness regarding UV protection and personal care as well as increasing demand for luxury products would create lucrative growth prospects for the Personal Care Specialty Ingredients market across Asia-Pacific region.

Major market player included in this report are:

• Dow Chemicals
• Naturex
• BASF SE
• Ashland, Inc.
• Symrise Group
• Evonik Industries
• Lotioncrafter
• Treatt
• Vantage Specialty Ingredients
• Inolex

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Product:

• Active
• Inactive

Key Considerations for Market Forecast:

• Impact of lockdowns, supply chain disruptions, demand destruction, and change in customer behavior
• Optimistic, probable, and pessimistic scenarios for all markets as the impact of pandemic unfolds
• Pre- as well as post-COVID-19 market estimates
• Quarterly impact analysis and updates on market estimates

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About Data Collection and Research Methodology: Majorly data is collected via primary sources that includes interviews and survey with industry experts from core and related industries, and manufacturers and part suppliers involved in supply chain. Additionally, secondary sources are also utilized like annual reports, whitepapers, press releases etc.

Geographical Breakdown: Regional level analysis of the market, currently covering North America, Europe, China & Japan

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Key questions answered: Study Explore COVID 19 Outbreak Impact Analysis

• Market size and growth rate during forecast period.
• Key factors driving the Market.
• Key market trends cracking up the growth of the Market.
• Challenges to market growth.
• Key vendors of Market.
• Detailed SWOT analysis.
• Opportunities and threats faces by the existing vendors in Global Market.
• Trending factors influencing the market in the geographical regions.
• Strategic initiatives focusing the leading vendors.
• PEST analysis of the market in the five major regions.

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Key Points Covered in Personal Care Specialty Ingredients Market Report: Study Explore COVID 19 Outbreak Impact Analysis

Continued….

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