Presence of a large sum of end-users will escalate the North American Personal Care Ingredients Market

Published: Oct 2020

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

  • What is the market growth rate during the forecast period?
  • Which segment/region dominates the market in base year?
  • Which segment/region will project fastest growth in the market during the forecast period?
  • How COVID-19 will impact the market growth in 2020 and coming years?

o Recovery Timeline

o Deviation from pre-COVID 

o Most affected region/segment

o Recommendations 

  • Who is the leader in the market?
  • How players are addressing challenges to sustain growth?
  • Where is the investment opportunity?

North American Personal Care Ingredients Market – Segmentation

By Ingredients

  • Rheology Control Agents
  • Surfactants
  • Emollients
  • Active Ingredients
  • Emulsifiers
  • Others (UV Filters and Pearlizers and Opacifiers)

By Application

  • Hair Care 
  • Oral Care 
  • Skin Care 
  • Cosmetics
  • Others (Fragrances and Toiletries)

North American Personal Care Ingredients Market – Segmentation by Geography

  • US
  • Canada

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