India Personal Care Ingredients Market Size, Share, Growth, Industry Analysis and Forecast 2026 | Techsci Research
Rising middle class income, improving living standards in rural and semi urban areas, coupled with growing awareness towards health and sanitation is expected to drive India personal care ingredients market through 2026
According to TechSci Research
report, “India Personal Care Ingredients
Market By Type, By Application, Competition
Forecast & Opportunities, 2012-2026’’, personal care ingredients market
in India is projected to grow at a CAGR of 9% during 2017 to 2026. Rising
consumer spending on personal care products, growing trend of multifunctional
personal care products, and increasing online sales of personal care products
coupled with shift in consumers’ preferences from synthetics to natural
ingredients is expected to boost demand for personal care ingredients in the
country. Moreover, increasing use of beauty and cosmetic products among women
and growing inclination of men towards grooming products are anticipated to
positively impact India personal care ingredients market in the coming years.
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Personal Care Ingredients Market"
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Conditioning polymers,
surfactants, emollients, emulsifiers, rheology control agents, UV absorbers,
hair fixative polymers and antimicrobials are the most commonly used
ingredients in the manufacturing of personal care products. Out of these,
conditioning polymers are forecast to be the fastest growing ingredients type
in India personal care ingredients market during forecast period, exhibiting a
CAGR of 8.26%, in volume terms, owing to their use in various products such as
face wash, shampoos, conditioners, creams, lotions, hair gels, etc. Also,
emollients market in India is projected to grow at a CAGR of 8.1%, in volume
terms, during 2017-2026, as they are used in premium skin care products, demand
for which is increasing in metro cities and other urban areas across the
country.
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“India personal care ingredients
market is dominated by north region, owing to large presence of cosmetic and
beauty product manufacturers in states such as Himachal Pradesh and
Uttarakhand. Besides that, rising living standards and increasing consumer spending
in Tier I and Tier II cities are among the major factors expected to influence
the growth of personal care ingredients in India. Moreover, shift towards the
use of eco-friendly ingredients is anticipated to further propel the market
through 2026.”, said Mr. Karan Chechi, Research Director with TechSci Research,
a research based global management consulting firm.
Competitive Landscape
- BASF India Limited
- Croda India Private Limited
- Galaxy Surfactant Limited
- Clariant Chemical India Limited
- Dow Corning India Private Limited
- Merck Limited
- DSM India Private Limited
- Kumar Organic Products Limited
- Ashland India Private Limited
- Vivimed Labs Limited
“India Personal Care
Ingredients Market By Type, By Application, Competition Forecast &
Opportunities, 2012-2026’” has evaluated the future growth potential
of India personal care ingredients market and provides statistics and
information on market size, structure and future market growth. The report
intends to provide cutting-edge market intelligence and help decision makers
take sound investment evaluation. Besides, the report also identifies and
analyzes the emerging trends along with essential drivers, challenges and
opportunities in India personal care ingredients market.
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