This detailed report of the global beauty and personal care surfactants market consists of the market segmentation, market size, market position, competitive landscape. In Covid-19, the beauty and personal care surfactants market was valued at USD 7,239.1 million in 2020 and is expected to grow at a CAGR of 6.09% over the forecast period. Surfactants are the components that are used to improve the functionality of numerous personal and beauty care products as well as home care goods.
In order to outline the competitive landscape in the beauty and personal care surfactants market, recent market developments and competitive tactics such as expansion, product launch and development, partnership, merger and acquisition have been included. The study carefully identifies and profiles significant market players in beauty and personal care surfactants market and analyses their core strengths.
The market research report provides market volume, the share of the market execution, quantitative and qualitative analysis and product growth trends study for estimating the micro and macroeconomic factors that can affect the growth road map.
The market research report studies the proliferation of the global beauty and personal care surfactants market in certain countries such as Italy, France, the USA, Mexico, Japan, Brazil, Russia, Canada, Germany, South Korea, the UK and Southeast Asia. The report also performs meticulous evolution of the region like Europe, North America, Middle East and Africa, Asia Pacific and South America.
In 2020, the North America region is predicted to grow at a CAGR of 6.43% over the projection period. The North America region is divided into three parts: the United States, Canada, and Mexico. The market for beauty and personal care surfactants is predicted to grow rapidly in this region. Personal care and beauty items are in high demand in the region due to high purchasing power and a customer preference for spending on appearance.
Several strategic initiatives, such as product innovations, capacity expansions, acquisitions, and mergers, by leading vendors such as BASF, Kao Corporation, Akzo Nobel, Stepan Company, Rhodia, Clariant, Evonik Industries, and Croda International, have identified the market. Mergers and acquisitions, as well as product innovations, are among the strategic actions undertaken by market participants.
The market research report tracks competition data like market growth targets and alliances. Analysis of the pricing patterns and the product portfolio of the leading manufacturers is offered in the report. The report also shed light on the fundamental perspective of the business economy, countries with huge growth, industry variations, as well as limitations.
The study provides details about the market which are not easily accessible that can help the market participants take useful decisions. The report also provides certain information that can shape the revenue potential of the beauty and personal care surfactants market.
In order to outline the competitive landscape in the beauty and personal care surfactants market, recent market developments and competitive tactics such as expansion, product launch and development, partnership, merger and acquisition have been included. The study carefully identifies and profiles significant market players in beauty and personal care surfactants market and analyses their core strengths.
Market Segmentation Assessment
The market research report provides market volume, the share of the market execution, quantitative and qualitative analysis and product growth trends study for estimating the micro and macroeconomic factors that can affect the growth road map.
Regional Analysis
The market research report studies the proliferation of the global beauty and personal care surfactants market in certain countries such as Italy, France, the USA, Mexico, Japan, Brazil, Russia, Canada, Germany, South Korea, the UK and Southeast Asia. The report also performs meticulous evolution of the region like Europe, North America, Middle East and Africa, Asia Pacific and South America.
In 2020, the North America region is predicted to grow at a CAGR of 6.43% over the projection period. The North America region is divided into three parts: the United States, Canada, and Mexico. The market for beauty and personal care surfactants is predicted to grow rapidly in this region. Personal care and beauty items are in high demand in the region due to high purchasing power and a customer preference for spending on appearance.
Several strategic initiatives, such as product innovations, capacity expansions, acquisitions, and mergers, by leading vendors such as BASF, Kao Corporation, Akzo Nobel, Stepan Company, Rhodia, Clariant, Evonik Industries, and Croda International, have identified the market. Mergers and acquisitions, as well as product innovations, are among the strategic actions undertaken by market participants.
Global Beauty and Personal Care Surfactants Market Key Highlights
- In-depth examination of the growth factors that will enable market participants to reach their full potential in the coming years.
- Customer behavior in relation to upcoming and current market trends.
- Over the forecast period, calculate the compound annual growth rate of the beauty and personal care surfactants market to estimate the return on investment.
- Analysis of the worldwide beauty and personal care surfactants market share and size, both in terms of volume and value, as well as the parent market's contribution to the global beauty and personal care surfactants market.
- Detailed Segmentation to help each stakeholder in market
- 2500+ data points in 60+ tables with focus on historic demand, estimated demand, and demand forecast
- Impact of COVID-19 on demand estimation & forecasts (2020 onward)
- Separate analysis of each segment to understand market deviation due to Covid-19 from 2020 onwards
- Coverage across 5 major regions: North America, Europe, Asia Pacific, Middle East & Africa, and South America
- Country level demand of the 25+ major markets with key trends & factors influencing the same
Why should you buy this report?
The market research report tracks competition data like market growth targets and alliances. Analysis of the pricing patterns and the product portfolio of the leading manufacturers is offered in the report. The report also shed light on the fundamental perspective of the business economy, countries with huge growth, industry variations, as well as limitations.
The study provides details about the market which are not easily accessible that can help the market participants take useful decisions. The report also provides certain information that can shape the revenue potential of the beauty and personal care surfactants market.
Table of Contents
1 Market Abstract
2 Market Introduction
3. Research Practice
4 Key Related Data
5 Impact Factor Analysis
6 Market Development Analysis
7 Beauty and Personal Care Surfactants Market, by Type
8 Beauty and Personal Care Surfactants Market, by Application
9 Beauty and Personal Care Surfactants Market, Regional Analysis
10 Global Beauty and Personal Care Surfactants Market, Competitve Intelligence
11 Company Profile
12 Appendix
List of Tables
List of Figures
Executive Summary
Beauty & personal care surfactants market was estimated at USD 7,239.1 million in 2020 and projected to reach USD 13,075.5 million at a CAGR of 6.09% between 2020 and 2030 under Covid-19 impact. These surfactants are referred to as those ingredients which are used in various personal & beauty care products as well as in home care products to enhance its functionality. It contains chemicals that stabilize mixtures of water and oil by decreasing surface tension through the interface between water and oil molecules. The principle behind the functioning of these surfactants is that oil and water does not dissolve in each other, and surfactant is required to mix it and keep it from separating into two different layers.The market growth for beauty and personal care surfactants is likely to be driven by the key contributing factors such as the rise in demand for beauty care products such as bio-based products, sunscreens, and anti-aging products. In addition, inclination of people towards physical appearance and rising awareness regarding the advantages of organic and skin-friendly products is further fueling the market growth of beauty and personal care surfactants.
In addition, rising demand for various waterless beauty care products such as face wash and cleanser, increasing standard of living among population, demand for mild surfactants among population and rising disposable income of population. These factors are contributing towards the market growth of beauty and personal care surfactants. However, stringent regulations by government agencies and volatility in raw material prices are the major factors affecting the market growth of beauty and personal care surfactants.
Rising adoption of beauty care products among younger population is further propelling the market growth. As technology advances, there is a shift in demographics factors such as rapid urbanisation and reshaping lifestyles and purchasing decisions. These factors are influencing the market growth of beauty and personal care surfactants. Furthermore, the penetration of beauty products through online channel with advent of promotional activities, social media advertisements, and presence of retailers in the beauty and personal care products involved in providing best services to their consumers is providing lucrative opportunities to the market growth.
Based on product type, Beauty and Personal Care Surfactants market is segmented into Non-Ionic, Cationic, Amphoteric, Anionic and others. Among these, Non-Ionic Beauty and Personal Care Surfactants accounted for the largest share of ~34.26% in the global market in 2020. This market is valued at USD 2,479.8 million in 2020 and is poised to grow at a CAGR of 6.4% during the forecast period to reach USD 4,612.0 million by 2030. Cationic segment was valued USD 1533.0 million in 2020 and it is expected to reach up to USD 2,716.8 million in 2030. Amphoteric segment was valued USD 1,354.3 million in 2020 and it is expected to reach up to USD 2,549.4 million in 2030. Anionic segment was valued USD 1,147.9 million in 2020 and it is expected to reach up to USD 1,972.0 million in 2030. Other’s segment was valued USD 724.0 million in 2020 and it is expected to reach up to USD 1,225.2 million in 2030.
Based on products in the beauty and personal care surfactants market, Nonionic segment held the major share owing to ability of this product to dissolve the poorly soluble ingredients. This property aids to drive the market share of beauty and personal care products. Amphoteric surfactants by product is likely to witness the fastest growth due to rising application of this product due to its antibacterial, low toxicity, compatibility, and excellent resistance to hard water. The skincare application held the majority of the market share due to increasing penetration of the retail industry in emerging countries such as China and India.
Based on application, Beauty and Personal Care Surfactants market is segmented into hair care, skin care, and others. The hair care segment of beauty and personal care surfactants is anticipated to account for the largest share of ~35.53% in the global market in 2020. Hair care segment was valued USD 2571.9 million in 2020 and it is expected to reach up to USD 4613.9 million in 2030. Skin care segment was valued USD 3453.1 million in 2020 and it is expected to reach up to USD 6328.0 million in 2030. Others application segment was valued USD 1214.1 million in 2020 and it is expected to reach up to USD 2079.5 million in 2030.
Based on region, the market is segmented into North America, Europe, Asia Pacific, Middle East and Soth America.
North America dominated the market growth of beauty and personal care surfactants market in the study period due to the rising demand for personal care products, consumer awareness regarding grooming and personal well-being and presence of major players in the region. Asia Pacific is anticipated to witness high growth due rise of application sectors such as haircare products with growing aging population. Rising demand for anti-aging products coupled with rising disposable income in personal care applications is anticipated to drive the growth.
The North America region was valued USD 2537.17 million in 2020 and it is expected to reach up to USD 4730.84 million in 2030, growing with a CAGR of 6.43% over the forecast period. The Europe region was valued USD 1581.11 million in 2020 and it is expected to reach up to USD 2746.05 million in 2030, growing with a CAGR of 5.68% over the forecast period. The Asia Pacific region was valued USD 1923.86 million in 2020 and it is expected to reach up to USD 3601.65 million in 2030, growing with a CAGR of 6.47% over the forecast period.
The Middle East & Africa region was valued USD 798.13 million in 2020 and it is expected to reach up to USD 1339.58 million in 2030, growing with a CAGR of 5.31% over the forecast period. The South America region was valued USD 398.83 million in 2020 and it is expected to reach up to USD 657.37 million in 2030, growing with a CAGR of 5.12% over the forecast period.
North America region is further segmented into US, Canada and Mexico. Beauty and personal care surfactants market is expected to witness robust gains in this region. High purchasing power and consumer inclination towards spending on appearance are driving demand for personal care and beauty products in the region. Moreover, rise in preference for natural and organic beauty products to eliminate harmful effects of dust, sun, and pollution is likely to generate substantial demand such products, thus driving beauty and personal care surfactants demand. Asia Pacific beauty and personal surfactants is anticipated to witness high growth in the stipulated timeframe due to rising retail business penetration supported by the advent of online shopping in India and China.
The market is identified by several strategic activities, such as, and product innovations, capacity expansions, acquisitions and mergers initiated by the key vendors such as BASF, Kao Corporation, Akzo Nobel, Stepan Company, Rhodia, Clariant, Evonik Industries, and Croda International. The market players are involved in various strategic activities, including mergers and acquisitions and product innovations. Moreover, due to amid COVID-19, outbreak the manufacturers faced loss and the value chain were hampered, owing to travel restrictions and sluggish export-import activities. Furthermore, new product innovation including the use of bio-based ingredients is one of the key strategies adopted by market players have contributed to the product demand. For instance, in April 2018, BASF launched a personal care product for hair and healthy skin solutions with mild surfactants and natural conditioning elements.
Companies Mentioned
A selection of companies mentioned in this report includes:
- Basf Se
- Kao Corporation
- Akzo Nobel Nv,Stepan Company
- Clariant AG
- Solvay S.A.
- Evonik Industries AG
- Croda International plc
- Huntsman International LLC
- Dupont De Nemours Inc.