Report Overview

Global Organic Personal Care Ingredients Market Forecast and Trends

The Global Organic Personal Care Ingredients Market witnessed market size of USD 8.12 Billion in 2019 and anticipated to reach USD 11.7 Billion by 2026 with a significant CAGR of 5.35% during the forcast period 2020-2026. Growing R&D investments, and cost-effective manufacturing technologies, technological innovations in ingredient processing, improving economic conditions in emerging nations and government support are the factors anticipated to drive the growth of the organic personal care and ingredients market.

The rising demand for enhanced functionality and multiple advantages from a single product is a key factor driving the demand for multifunctional ingredients in personal care products. Rising disposable income increases the spending capacity of customers and contributes to the sale of cosmetic products. Personal care ingredients are used in personal care products that include hair shampoos, skin creams, skin oils, make-up products,  toothpaste, hair oils, hair conditioners, and others. The demand for personal care ingredients is accredited to growing demand for ingredients such as anti-aging agents, ultraviolet (UV) agents, moisturizers, exfoliators, antioxidants, and antimicrobials.

Global Organic Personal Care Ingredients Market: Overview

Personal care ingredients can be defined as the group of chemicals and natural extracts used in skincare, hair care, and oral care products. Organic personal care products are manufactured by using several organic ingredients, such as vegetables, fruits, and herbs, which are naturally available. Organic personal care is a process that offers care to various parts of body including haircare, skincare, oral care and also different cosmetics. The organic ingredients, that are used to manufacture organic personal care products are usually free from pesticides. Due to little chemical ingredients, organic personal care products are extremely beneficial for body.

Growth Drivers

Increasing R&D expenditure over organic products

Increasing R&D investments along with associated technological innovations in the field of plant extracts and optimization of the process of extraction has increased the production volume of organic personal care ingredients in the market. The increasing R&D expenditure would help in the improvement of plant extracts into different personal care ingredients. In addition, innovations including oligopeptides, used for increasing efficiency and shelf life of goods, are also estimated to have a positive influence on the product demand during the forecast period.

Rising awareness regarding the benefits of organic products

Increasing awareness regarding various benefits of organic over synthetic ingredients has led to a growth in demand of organic personal care ingredient. These products are obtained from natural resources and are free from the harmful chemicals. Rising awareness about the ill-effects of synthetic products on the skin, has paved the way for increasing demand for natural alternatives. This has encouraged manufacturers to introduce new products and enhanced focus on R&D. Therefore, the use of these ingredients has become a key driving factor for the overall cosmetics and wellness industries.

Restraint

Requirement of high capital investment

The high capital investments in bio-refinery set-up along with government regulation compliance poses as a substantial threat to new entrants. This would serve as a significantly large entry barrier for the new players in the market.

Global Organic Personal Care Ingredients Market: Type

Based on type, global Organic Personal Care Ingredients Market is segmented into Organic Ingredients, Natural Ingredients. Among the type segments, the organic segment is expected to hold the majority revenue share in the market and is projected to continue during the forecast period. This growth of the segment is due to the increased customer towards adoption of organic products with natural ingredients such as vegetables, fruits, and herbs.

Global Organic Personal Care Ingredients Market: Product

Based on product, global Organic Personal Care Ingredients Market projected into Natural surfactants, Emollients, Active ingredients, Sugar polymers, Natural Preservatives, and Others. Emollients is expected to hold the significant market share over the forecast period. Demand for emollients is anticipated to be largely driven by positive drifts in the skin care,  cosmetic, and hair care industries. Moreover, increasing awareness regarding personal grooming and care is expected to boost the demand over the forecast period. Moreover, increasing purchasing power in countries such as Mexico, India, and Brazil are contributing to increasing purchase of organic cosmetics and other personal care products.

Global Organic Personal Care Ingredients Market: Application

Based on application, global Organic Personal Care Ingredients Market fragmented into Skin Care, Oral Care, Hair Care, Cosmetics, and Others. The skin care segment is expected to register the highest share during the forecast period. Skin care includes face cleansers, moisturizers, toner & mist, eye creams, multipurpose balms, scrubs & exfoliators, facial serum & oils,  face masks, & acne treatment. These active multifunctional ingredients can offer more than one function in a specific personal care product. For example, blemish balm (BB) cream that has been promoted as a multifunctional product that can treat various skin problems such as dullness, aging, and tanning due to overexposure to the sun.

Global Organic Personal Care Ingredients Market: Regional Insights

Geographically, the global Organic Personal Care Ingredients market bifurcated into North America, Europe, Asia-Pacific, and Latin America & Middle East & Africa. The organic personal care ingredients market in Asia Pacific is projected to expand at a rapid pace during the forecast period. The countries such as Japan, China, and India has the high demand for organic personal care ingredients and have witnessed a substantial growth in product demand during the past few years due to growing disposable income and rising awareness about the ill-effects of synthetic products.

Global Organic Personal Care Ingredients Market: Competitive Landscape

The major market players in the Organic Personal Care Ingredients  market are Galaxy Surfactants Ltd., Croda International plc, Cargill, Inc., Agrana Beteiligungs-AG, Evonik Industries, Clariant International Ltd., BASF SE, AkzoNobel, GatteFosse SAS, Lubrizol Corporation, DowDuPont, Koninklijke DSM N.V., Seppic S.A., Floratech, Lucas Meyer Cosmetics, Alban Muller International SAS, Rita McQueen Products, Vivimed Labs Ltd., Silab, and other prominent players. These vendors have adopted various startegies to expand their offerings in the market.

Global Organic Personal Care Ingredients Market: Recent Developments

• In April 2019, Dow showcased its latest personal care ingredient innovations, the DOWSIL™ FA PEPS. The technology enables the production of more environmentally sound-makeup and skin care products.

• In April 2019, Clariant launched Envisioning beauty at in-cosmetics global 2019. The Envisioning Beauty spearhead five customer need defined clusters, which provide new and existing ingredients to support innovation that future beauty required.

Scope of the Report

By Type

• Organic Ingredients
• Natural Ingredients

By Product

• Natural surfactants
• Emollients
• Active ingredients
• Sugar polymers
• Natural Preservatives
• Others

By Application

• Skin Care
• Oral Care
• Hair Care
• Cosmetics
• Others

By Distribution Channel

• Retail Sale
• Online Sale

By Region  

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

The objective of the Study

• To analyze and forecast the global Organic Personal Care Ingredients Market size of the market in terms of value.
• To examine the careful market segmentation and forecast the market size, in terms of value, based on the region by segmenting.
• The Global Organic Personal Care Ingredients Market segmented into five regions, namely, North America, Europe, Asia Pacific, Latin America and Middle East & Africa coupled with their leading countries.
• To outline, categorized, and forecast the global Organic Personal Care Ingredients Market based on the Type, Product, Application, distribution channel coupled with the region.
• To examine competitive developments like technological advancement, services, and regulative framework within the global Organic Personal Care Ingredients Market.
• To highlight the impact analysis of the factors affecting the market dynamics such as drivers, restraints, opportunities, and challenges.
• To strategically profile the key players and comprehensively analyze their market shares along with detailing the competitive landscape for market leaders.