The North American personal care ingredients market will see the considerable growth of 2.7% during the forecast period. The region has a significant presence of personal care product manufacturers, such as Procter & Gamble and Estee Lauder. In North America, the US contributes over 94% in the North American personal care ingredients market. The population base of ages ranging between 18-64 is the major consumer of personal care products. As per the US Census Bureau, in 2017, the total population in the US was 325.7 million, of which 62% was constituted by 18-64 age group people. The considerable presence of the targeted population base is contributing to the demand for the personal care ingredients market in North America.
Browse the full report description North American Personal Care Ingredients Market Size, Share & Trends Analysis Report, By Ingredients (Rheology Control Agents, Surfactants, Emollients, Conditioning Polymers, and Others), By Application (Hair Care, Oral Care, Skin Care, Fragrances, and Others) and Forecast, 2020-2026 at https://www.omrglobal.com/industry-reports/north-american-personal-care-ingredients-market
Furthermore, the region is home to major market players that are adopting strategies including mergers and acquisitions, collaboration, and strategic partnerships which are anticipated to boost the market for personal care ingredients in the region. For instance, in May 2018, BASF SE had completed the investment at its site in Mauldin, South Carolina, and started production of Roundtable on Sustainable Palm Oil (RSPO) Mass Balance-certified pearlizers, opacifiers, and specialty blends. The investment in regional production expands BASF's global capacity to meet the increasing demand for these specialty ingredients, as it improves supply reliability and reduces lead times in North America. The region exhibits a strong demand for natural products that are free from mineral oil, parabens, sulfates, and synthetic colors. The increasing awareness related to the link between good health and beauty from social media platforms is creating the demand for organic and natural products in the region. The growing demand for natural care products in the region is again anticipated to drive the regional growth of the personal care ingredients market.
Market Coverage
Report Elements |
Details |
Study Period |
2019-2026 |
Base year |
2019 |
Forecast period |
2020-2026 |
Segments Covered |
By Ingredients and By Application |
Countries Covered |
US and Canada |
Key Companies Profiled |
BASF SE, Clariant
International Ltd., The Dow Chemical Co., Evonik
Industries AG, Solvay S.A. |
Key questions addressed by the report
o Recovery Timeline
o Deviation from pre-COVID
o Most affected region/segment
o Recommendations
North American Personal Care Ingredients Market – Segmentation
By Ingredients
By Application
North American Personal Care Ingredients Market – Segmentation by Geography
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