The global personal care chemicals market is expected to grow at a CAGR of8.06%, reaching a market size of US$36.084 billion in 2030 from US$24.488billion in 2025.
Personal care chemicals comprise several different chemicals used to keep skin healthy, in hair and cosmetics, and to prepare the body for cleansing, moisturizing, thickening, color, and perfume products or deliver active ingredients to target concerns. Examples include preservatives like parabens to preserve shelf life, surfactants like sodium lauryl sulfateto clean; emollients such as glycerin, which moisturize; and thickeners, such as xanthan gum, for aesthetic reasons; and active ingredients like retinol in anti-aging. Of course, regulations vary by country, but a consumer trend to prefer natural and transparent formulations is growing with increasing knowledge of the potential dangers of some chemicals in personal care products.
The personal care chemicals market in Asia-Pacific is expected to expand at a significant rate through various key drivers. Rapid urbanization and increasing disposable incomes of people in countries like China and India emerge as key factors driving consumer spending toward personal care products. China is the world's second-largest personal care products market and is set to reach nearly $80 billion by 2025.
At the same time, the growing middle-class population in the region is increasingly becoming aware of health and beauty trends, pushing demand for new premium personal care products. The region's diverse cultural influence also makes accepting a wide range of products easier, such as traditional remedies or more modern formulations. Moreover, interest in natural and organic ingredients further fosters demand for safer, cleaner, and more ecologically friendly options. Regional e-commerce growth is improving product accessibility and enabling consumers to explore and purchase a more extensive range of personal care products. The e-commerce industry in India is growing owing to increased penetration of smartphones, increased affluence, and low data prices. With over 950 Mn users, India is the 2nd largest internet market in the world with 131.16 Lakh Cr UPI transactions in FY 2023-24. All these factors position Asia-Pacific as a dynamic and rapidly growing market for personal care chemicals.
Personal care chemicals comprise several different chemicals used to keep skin healthy, in hair and cosmetics, and to prepare the body for cleansing, moisturizing, thickening, color, and perfume products or deliver active ingredients to target concerns. Examples include preservatives like parabens to preserve shelf life, surfactants like sodium lauryl sulfateto clean; emollients such as glycerin, which moisturize; and thickeners, such as xanthan gum, for aesthetic reasons; and active ingredients like retinol in anti-aging. Of course, regulations vary by country, but a consumer trend to prefer natural and transparent formulations is growing with increasing knowledge of the potential dangers of some chemicals in personal care products.
Global personal care chemicals market drivers
- Consumer awareness about personal hygiene drives the personal care chemicals market growth through increased demand for hygiene-related products such as hand sanitizers, soaps, and disinfectants. Their awareness of cleanliness, especially after global health events, has made consumers look for cleaning solutions that clean and provide additional benefits such as moisturizing or antimicrobial properties. This is a trend that manufacturers face, compelling them to innovate and extend their product lines in terms of advanced formulations and active ingredients that respond to the needs of consumers.
- Expansion in e-commerce is one of the major driving factors for the personal care chemicals market, which has changed the buyer behaviors of consumers significantly. The Government e-market place achieved a Gross Merchandise Value of $2.01 trillion. GeM has, since inception, achieved a cumulative GMV of over INR 9.82 Lakh Cr as of 30th July 2024. It brings accessibility to brands by reaching broader populations globally with a wider range of products than available in traditional retail. The whole experience seems to be better with convenience through 24/7 shopping and home delivery, while data-driven personalization and targeted marketing create tailor-made journeys for shopping. Online sites, for example, entertain consumers by providing reviews and linking social media for making purchasing decisions.
Global personal care chemicals market geographical outlook
Asia-Pacific's personal care chemicals market is anticipated to grow significantly.The personal care chemicals market in Asia-Pacific is expected to expand at a significant rate through various key drivers. Rapid urbanization and increasing disposable incomes of people in countries like China and India emerge as key factors driving consumer spending toward personal care products. China is the world's second-largest personal care products market and is set to reach nearly $80 billion by 2025.
At the same time, the growing middle-class population in the region is increasingly becoming aware of health and beauty trends, pushing demand for new premium personal care products. The region's diverse cultural influence also makes accepting a wide range of products easier, such as traditional remedies or more modern formulations. Moreover, interest in natural and organic ingredients further fosters demand for safer, cleaner, and more ecologically friendly options. Regional e-commerce growth is improving product accessibility and enabling consumers to explore and purchase a more extensive range of personal care products. The e-commerce industry in India is growing owing to increased penetration of smartphones, increased affluence, and low data prices. With over 950 Mn users, India is the 2nd largest internet market in the world with 131.16 Lakh Cr UPI transactions in FY 2023-24. All these factors position Asia-Pacific as a dynamic and rapidly growing market for personal care chemicals.
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Industry and Market Insights, Opportunity Assessment, Product Demand Forecasting, Market Entry Strategy, Geographical Expansion, Capital Investment Decisions, Regulatory Framework & Implications, New Product Development, Competitive IntelligenceReport Coverage:
- Historical data & forecasts from 2022 to 2030
- Growth Opportunities, Challenges, Supply Chain Outlook, Regulatory Framework, Customer Behaviour, and Trend Analysis
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- Revenue Growth and Forecast Assessment of segments and regions including countries
- Company Profiling (Strategies, Products, Financial Information, and Key Developments among others)
The global personal care chemicals market is analyzed into the following segments:
By Product Type
- Surfactants
- Emollients
- Preservatives
- Thickeners
- Colorants
By Application
- Skin Care
- Hair Care
- Oral Care
- Makeup
By Geography
- North America
- South America
- Europe
- Middle East and Africa
- Saudi Arabia
- United Arab Emirates
- Rest of theMiddle East and Africa
- Asia-Pacific
Table of Contents
1. INTRODUCTION
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
5. GLOBAL PERSONAL CARE CHEMICALS MARKET BY PRODUCT TYPE
6. GLOBAL PERSONAL CARE CHEMICALS MARKET BY APPLICATION
7. GLOBAL PERSONAL CARE CHEMICALS MARKET BY GEOGRAPHY
8. COMPETITIVE ENVIRONMENT AND ANALYSIS
9. COMPANY PROFILES
Companies Mentioned
- Clariant
- Spectrum Chemical
- Eastman
- BASF
- Azelis
- Celanese
- Evonik Personal Care
- DKSH
- Kao Chemicals EU
- Shell Global
- Dow
- Colonial Chemical, Inc.
- Lubrizol
- Spectrum Chemical
- Nouryon
Methodology
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 142 |
Published | November 2024 |
Forecast Period | 2025 - 2030 |
Estimated Market Value ( USD | $ 24.49 Billion |
Forecasted Market Value ( USD | $ 36.08 Billion |
Compound Annual Growth Rate | 8.0% |
Regions Covered | Global |
No. of Companies Mentioned | 15 |