North America Dominates Global Personal Care Active Ingredients Market, States IndustryARC in Its Report Available at MarketPublishers.com24 Jan 2017 • by Natalie Aster
LONDON – Active ingredients are widely used in a broad range of end-user application areas like pesticides, pharma, personal care, etc. Surging awareness amid consumers about personal care as well as a hike in disposable income levels in the majority of developing countries has resulted in an upsurge in the demand for beauty and personal care products and is likely to keep on stimulating the market growth the offing.
Geography-wise, North America took the lead in the personal care active ingredients market, fuelled by a hike in the demand and consumption of personal care products across the region, increased spend on such products and high household disposable income in the region. Europe and APAC were the 2nd and 3rd largest markets for the personal care active ingredients market. APAC is likely to record the most rapid growth, due to fast changing demographical determinants, increasing expenditures on beauty care products and surging disposable income of households in China and India.
The Dow Chemical Company, Evonik Industries AG, E. I. du Pont de Nemours and Company, Croda International PLC, and Lonza Group AG are some of the leading players in the marketplace.
Topical research report “Active Ingredients in Personal Care Market” drawn up by IndustryARC provides an in-depth analysis of the personal care active ingredients market; providing comprehensive market size estimates for 2014-2016, and forecasts through to 2022. The study also casts light on the market driving factors, limiters, growth indicators, challenges, among other important aspects pertaining to the personal care active ingredients market. It provides granular market segmentation by type, application and based on geography. Porter’s five forces analysis is also provided. The research study sheds light on technological developments, expansions, M&As and JVs, etc. The research report offers detailed profiles of the top 13 companies active in the industry.
More comprehensive reports by our market research partner can be found at IndustryARC page.