Personal Care Ingredients Market Projected at USD 20.96

From GlobeNewswire: 2025-05-23 09:45:00

The Personal Care Ingredients Market was valued at USD 12.88 billion in 2023 and is projected to reach USD 20.96 billion by 2032, growing at a CAGR of 5.56% from 2024 to 2032. The industry is driven by a shift towards bio-based beauty ingredients, innovation, and sustainability in response to consumer demand for natural products.

The U.S. Personal Care Ingredients Market is expected to grow significantly between 2021 and 2026, with a focus on natural, sustainable ingredients. Brands are responding to consumer preferences for clean, eco-friendly products, leading to a rise in demand for safer, more natural personal care items.

Surfactants dominated the Personal Care Ingredients Market in 2023, with a 28% market share. These ingredients are essential for personal care products like shampoos and body washes, with an increasing focus on sustainable and biodegradable surfactants to meet consumer demand for eco-friendly solutions.

Skin Care led the Personal Care Ingredients Market in 2023, accounting for a 38% market share. The demand for anti-aging, moisturization, and sun protection products has driven growth in the natural skin care sector, with brands like L’Oréal and Estée Lauder focusing on eco-friendly ingredient sourcing.

Asia Pacific held a 44% market share in the Personal Care Ingredients Market in 2023, driven by the growth of beauty and personal care sectors in countries like China, India, and Japan. Manufacturers are capitalizing on the demand for local, natural ingredients and green beauty products in the region.

North America is emerging as a growing region in the Personal Care Ingredients Market, fueled by advancements in clean beauty technology and ingredient transparency. The U.S. leads this growth, with a focus on natural and sustainable ingredients in personal care formulations to meet changing consumer trends.

Recent developments in the industry include Ashland’s launch of vegan, biodegradable personal care solutions and BASF’s introduction of plant-based ingredients for sustainable formulations. These innovations highlight the industry’s commitment to eco-friendly, high-performance products.

Overall, the Personal Care Ingredients Market is experiencing significant growth driven by consumer demand for natural, sustainable products. With a focus on innovation, ingredient safety, and environmental responsibility, the industry is evolving to meet changing consumer preferences for clean, functional personal care solutions.



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