Product Code: CH 3508
The global personal care ingredients market size is projected to reach USD 17.00 billion by 2030 from USD 13.17 billion in 2024, at a CAGR of 4.40%.
Scope of the Report |
Years Considered for the Study | 2020-2030 |
Base Year | 2024 |
Forecast Period | 2025-2030 |
Units Considered | Value (USD Million) |
Segments | Ingredient Type, Application, and Region |
Regions covered | Asia Pacific, Europe, North America, Middle East & Africa, and South America |
Personal care ingredients have become essential for formulating effective, safe, and multifunctional cosmetic and hygiene products in the evolving consumer landscape. These ingredients serve as the foundation for various applications, including skincare, hair care, oral care, and makeup, addressing the growing consumer demand for performance, transparency, and sustainability. Factors such as heightened skin health awareness, increasing disposable incomes, and global trends toward self-care and wellness drive growth in this market. As regulatory standards tighten and consumer awareness of ingredients intensifies, manufacturers prioritize clean-label, dermatologically approved, and environmentally sustainable ingredient solutions. This shift is catalyzing a move towards bio-based actives, gentle surfactants, and functional ingredients, positioning the personal care ingredients market for sustained growth in both developed and emerging economies.

"Surfactants segment accounted for second-largest share of personal care ingredients market, in terms of value, in 2024"
In 2024, the surfactants segment emerged as the second-largest ingredient type in the global personal care ingredients market in terms of value. This market dominance is primarily driven by the diverse applications of surfactants in cleansing and foaming products across skin care, hair care, and oral care categories. Sourced from both petroleum-based and bio-based raw materials, surfactants play a crucial role in emulsification, cleansing, and textural enhancement of personal care products. The escalating demand for shampoos, facial cleansers, body washes, and toothpaste-particularly in developing economies-has further propelled this segment's growth. Additionally, the industry's shift towards mild, biodegradable, and sulfate-free surfactants aligns with consumer preferences for gentle and environmentally sustainable formulations, thereby contributing significantly to the segment's market value.
"Makeup application accounted for the third-largest market share in 2024"
In 2024, based on valuation, the makeup application segment emerged as the third-largest category within the global personal care ingredients market. This leadership position is primarily attributed to the significant consumption of key components such as colorants, mattifying agents, and volatile silicones, particularly in foundational products, lipsticks, and eye cosmetics. Prevailing fashion trends heavily influence market dynamics, the rapid turnover of products, and frequent launches that are aligned with the fashion cycle. The strong demand for high-performance cosmetics-characterized by long-wear, smudge-proof, and high-pigment formulations-has driven increased consumption of specialized dispersants and film-formers, notably within the premium and professional cosmetic lines.
"Asia Pacific was second-largest regional market for personal care ingredients in 2024"
The Asia Pacific region emerged as the second-largest market for personal care ingredients by value in 2024. This leadership position is attributed to factors such as increased urbanization, a burgeoning middle-class population, and heightened spending on personal grooming and health. Countries including China, Japan, South Korea, and India have demonstrated a robust demand for sun care, hair care, and skincare products, driven by evolving regional beauty trends. Additionally, the region benefits from a strong manufacturing base, a rising preference for natural and herbal ingredients, and an enhanced alignment with global product standards, all of which significantly contribute to its formidable market presence.
- By Company Type: Tier 1 - 55%, Tier 2 - 25%, and Tier 3 - 20%
- By Designation: Directors - 50%, Managers - 30%, and Others - 20%
- By Region: North America - 40%, Europe - 35%, Asia Pacific - 20%, Rest of World - 5%
The key players profiled in the report include BASF SE (Germany), Dow Inc. (US), Syensqo SA/NV (Belgium), Clariant AG (Switzerland), Ashland Inc. (US), ADEKA Corporation (Japan), The Lubrizol Corporation (US), Evonik Industries AG (Germany), Nouryon (Netherlands), and Croda International Plc (US).
Research Coverage
This report segments the market for personal care ingredients based on ingredient type, application, and region and provides estimations of value (USD Million) for the overall market size across various regions. A detailed analysis of key industry players has been conducted to provide insights into their business overviews, services, and key strategies associated with the market for personal care ingredients.
Reasons to Buy this Report
This research report is focused on various levels of analysis - industry analysis (industry trends), market share analysis of top players, and company profiles, which together provide an overall view of the competitive landscape, emerging and high-growth segments of the personal care ingredients market; high-growth regions; and market drivers, restraints, and opportunities.
The report provides insights into the following points:
- Market Penetration: Comprehensive information on personal care ingredients offered by top players in the global market
- Analysis of key drivers:(Changing lifestyles and increasing the purchasing power of consumers in developing countries and rapid growth in multifunctional personal care ingredients), restraints (Governmental regulations against cosmetic products), opportunities (High market potential in emerging economies and global demand shifting toward sustainable and bio-based products), and challenges (Toxicity of some personal care ingredients and volatility in raw material prices) influencing the growth of personal care ingredients market.
- Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the personal care ingredients market.
- Market Development: Comprehensive information about lucrative emerging markets - the report analyzes the markets for personal care ingredients across regions.
- Market Diversification: Exhaustive information about new products, untapped regions, and recent developments in the global personal care ingredients market.
- Competitive Assessment: In-depth assessment of market shares, strategies, products, and manufacturing capabilities of leading players in the personal care ingredients market.
TABLE OF CONTENTS
1 INTRODUCTION
- 1.1 STUDY OBJECTIVES
- 1.2 MARKET DEFINITION
- 1.3 STUDY SCOPE
- 1.3.1 MARKETS COVERED AND REGIONAL SCOPE
- 1.3.2 INCLUSIONS AND EXCLUSIONS
- 1.3.3 YEARS CONSIDERED
- 1.3.4 CURRENCY CONSIDERED
- 1.3.5 UNIT CONSIDERED
- 1.4 STAKEHOLDERS
- 1.5 SUMMARY OF CHANGES
2 RESEARCH METHODOLOGY
- 2.1 RESEARCH DATA
- 2.1.1 SECONDARY DATA
- 2.1.1.1 Key data from secondary sources
- 2.1.2 PRIMARY DATA
- 2.1.2.1 Key primary participants
- 2.1.2.2 Key industry insights
- 2.1.2.3 Breakdown of primary interviews
- 2.2 MARKET SIZE ESTIMATION
- 2.2.1 BOTTOM-UP APPROACH
- 2.2.2 TOP-DOWN APPROACH
- 2.3 DATA TRIANGULATION
- 2.4 GROWTH FORECAST
- 2.4.1 SUPPLY-SIDE ANALYSIS
- 2.4.2 DEMAND-SIDE ANALYSIS
- 2.5 RESEARCH ASSUMPTIONS
- 2.6 RESEARCH LIMITATIONS
- 2.7 RISK ASSESSMENT
3 EXECUTIVE SUMMARY
4 PREMIUM INSIGHTS
- 4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN PERSONAL CARE INGREDIENTS MARKET
- 4.2 PERSONAL CARE INGREDIENTS MARKET, BY REGION
- 4.3 EUROPE PERSONAL CARE INGREDIENTS MARKET, BY INGREDIENT TYPE AND COUNTRY
- 4.4 REGIONAL ANALYSIS: PERSONAL CARE INGREDIENTS MARKET, BY APPLICATION
- 4.5 PERSONAL CARE INGREDIENTS MARKET, BY COUNTRY
5 MARKET OVERVIEW
- 5.1 INTRODUCTION
- 5.2 MARKET DYNAMICS
- 5.2.1 DRIVERS
- 5.2.1.1 Changing lifestyles and increasing purchasing power of consumers in developing countries
- 5.2.1.2 Rapid growth of multifunctional personal care ingredients industry
- 5.2.2 RESTRAINTS
- 5.2.2.1 Government-led regulations pertaining to cosmetics
- 5.2.3 OPPORTUNITIES
- 5.2.3.1 High market potential in emerging economies
- 5.2.3.2 Shifting demand toward sustainable and bio-based products
- 5.2.4 CHALLENGES
- 5.2.4.1 Toxicity of some personal care ingredients
- 5.2.4.2 Volatility in raw material prices
- 5.3 PORTER'S FIVE FORCES ANALYSIS
- 5.3.1 THREAT OF SUBSTITUTES
- 5.3.2 THREAT OF NEW ENTRANTS
- 5.3.3 BARGAINING POWER OF SUPPLIERS
- 5.3.4 BARGAINING POWER OF BUYERS
- 5.3.5 INTENSITY OF COMPETITIVE RIVALRY
- 5.4 KEY STAKEHOLDERS AND BUYING CRITERIA
- 5.4.1 KEY STAKEHOLDERS IN BUYING PROCESS
- 5.4.2 BUYING CRITERIA
- 5.5 MACROECONOMIC INDICATORS
- 5.5.1 GDP TRENDS AND FORECAST
6 INDUSTRY TRENDS
- 6.1 SUPPLY CHAIN ANALYSIS
- 6.2 PRICING ANALYSIS
- 6.2.1 AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY APPLICATION, 2024
- 6.2.2 AVERAGE SELLING PRICE TREND, BY REGION, 2022-2030
- 6.3 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
- 6.4 ECOSYSTEM ANALYSIS
- 6.5 TECHNOLOGY ANALYSIS
- 6.5.1 KEY TECHNOLOGIES
- 6.5.2 COMPLEMENTARY TECHNOLOGIES
- 6.5.2.1 Cold processing and low-energy emulsification
- 6.6 CASE STUDY ANALYSIS
- 6.6.1 INSTITUTE FOR IN VITRO SCIENCES AND BASF ON NON-ANIMAL TESTING APPROACHES FOR SAFETY ASSESSMENT OF COSMETICS AND INGREDIENTS
- 6.6.2 PLANT-BASED ALTERNATIVE TO SILICONE FROM SOLVAY
- 6.7 TRADE ANALYSIS
- 6.7.1 IMPORT SCENARIO (HS CODE 3304)
- 6.7.2 EXPORT SCENARIO (HS CODE 3304)
- 6.8 REGULATORY LANDSCAPE
- 6.8.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
- 6.8.2 REGULATORY FRAMEWORK
- 6.8.2.1 ISO 16128 - Guidelines on Technical Definitions and Criteria for Natural and Organic Cosmetic Ingredients
- 6.8.2.2 ISO 22716:2007 - International Standard for Good Manufacturing Practices (GMP)
- 6.9 KEY CONFERENCES AND EVENTS, 2025-2026
- 6.10 INVESTMENT AND FUNDING SCENARIO
- 6.11 PATENT ANALYSIS
- 6.11.1 APPROACH
- 6.11.2 DOCUMENT TYPES
- 6.11.3 TOP APPLICANTS
- 6.11.4 JURISDICTION ANALYSIS
- 6.12 IMPACT OF 2025 US TARIFF ON PERSONAL CARE INGREDIENTS MARKET
- 6.12.1 INTRODUCTION
- 6.12.2 KEY TARIFF RATES
- 6.12.3 PRICE IMPACT ANALYSIS
- 6.12.4 IMPACT ON COUNTRY/REGION
- 6.12.4.1 US
- 6.12.4.2 Europe
- 6.12.4.3 Asia Pacific
- 6.12.5 IMPACT ON APPLICATIONS
- 6.13 IMPACT OF AI/GEN AI ON PERSONAL CARE INGREDIENTS MARKET
7 PERSONAL CARE INGREDIENTS MARKET, BY SOURCE
- 7.1 INTRODUCTION
- 7.2 NATURAL
- 7.2.1 PLANT-DERIVED
- 7.2.2 ANIMAL-DERIVED
- 7.2.3 MINERAL-BASED
- 7.2.4 BIO-FERMENTED (BIOTECHNOLOGY-DERIVED)
- 7.3 SYNTHETIC
- 7.3.1 PETROLEUM-BASED
- 7.3.2 LAB-SYNTHESIZED ESTERS
8 PERSONAL CARE INGREDIENTS MARKET, BY INGREDIENT TYPE
- 8.1 INTRODUCTION
- 8.2 EMOLLIENTS
- 8.2.1 USE IN ALMOST ALL PERSONAL CARE PRODUCTS TO DRIVE MARKET
- 8.3 SURFACTANTS
- 8.3.1 CONSUMER SHIFT TOWARD MILD AND MULTIFUNCTIONAL SURFACTANTS TO DRIVE DEMAND
- 8.4 CONDITIONING POLYMERS
- 8.4.1 USE TO IMPROVE SKIN FEEL AND HAIR MANAGABILITY TO FUEL DEMAND
- 8.5 RHEOLOGY MODIFIERS
- 8.5.1 CHANGING LIFESTYLES AND RISING PURCHASING POWER IN DEVELOPING COUNTRIES TO DRIVE DEMAND
- 8.6 EMULSIFIERS
- 8.6.1 INCREASING USE OF MULTIPHASE FORMULATIONS TO FUEL DEMAND
- 8.7 OTHER INGREDIENT TYPES
9 PERSONAL CARE INGREDIENTS MARKET, BY APPLICATION
- 9.1 INTRODUCTION
- 9.2 SKIN CARE
- 9.2.1 RISING CONSUMER AWARENESS REGARDING SKIN PROTECTION TO PROPEL MARKET
- 9.3 HAIR CARE
- 9.3.1 GROWING PROBLEMS RELATED TO HAIR TO DRIVE DEMAND
- 9.4 MAKE-UP
- 9.4.1 RISING ADOPTION OF PERFORMANCE-DRIVEN INGREDIENTS TO DRIVE MARKET
- 9.5 ORAL CARE
- 9.5.1 EVOLVING ORAL HYGIENE TRENDS TO DRIVE DEMAND
- 9.6 OTHER APPLICATIONS
10 PERSONAL CARE INGREDIENTS MARKET, BY REGION
- 10.1 INTRODUCTION
- 10.2 EUROPE
- 10.2.1 GERMANY
- 10.2.1.1 Increasing awareness about low VOC and natural products to spur market growth
- 10.2.2 FRANCE
- 10.2.2.1 Presence of major personal care manufacturers to drive market
- 10.2.3 UK
- 10.2.3.1 Growing production of unique personal care products to fuel market growth
- 10.2.4 ITALY
- 10.2.4.1 Presence of major personal care manufacturing companies to drive market
- 10.2.5 SPAIN
- 10.2.5.1 Growth in production of personal care products to drive market
- 10.2.6 POLAND
- 10.2.6.1 Domestic manufacturing capacities to fuel market growth
- 10.3 ASIA PACIFIC
- 10.3.1 CHINA
- 10.3.1.1 Growing production and demand for high-end personal care products to boost market
- 10.3.2 JAPAN
- 10.3.2.1 Growing demand for anti-aging skincare and other personal care products to drive market
- 10.3.3 SOUTH KOREA
- 10.3.3.1 Presence of leading personal care product manufacturers to propel market
- 10.3.4 INDIA
- 10.3.4.1 Increase in e-commerce activities and growing population to drive market
- 10.4 NORTH AMERICA
- 10.4.1 US
- 10.4.1.1 Strong domestic production base for personal care and cosmetic products to drive market
- 10.4.2 MEXICO
- 10.4.2.1 Growing middle-class population to drive demand
- 10.4.3 CANADA
- 10.4.3.1 Highly regulated health and cosmetic standards and strong preference for ethically sourced products to drive market
- 10.5 SOUTH AMERICA
- 10.5.1 BRAZIL
- 10.5.1.1 Growing production and demand for natural and bio-degradable personal care products to propel market
- 10.6 MIDDLE EAST & AFRICA
- 10.6.1 TURKEY
- 10.6.1.1 Increasing disposable income of middle-class population to fuel market growth
- 10.6.2 IRAN
- 10.6.2.1 Rising demand for multi-benefit skin care products owing to increasing population to drive market
- 10.6.3 SAUDI ARABIA
- 10.6.3.1 High demand for skin care and hair care products due to prevalence of extremely high temperatures to drive market
- 10.6.4 SOUTH AFRICA
- 10.6.4.1 Growing demand for skin care products to drive market
11 COMPETITIVE LANDSCAPE
- 11.1 INTRODUCTION
- 11.2 KEY PLAYER STRATEGIES/RIGHT TO WIN
- 11.3 MARKET SHARE ANALYSIS
- 11.4 REVENUE ANALYSIS
- 11.5 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2024
- 11.5.1 STARS
- 11.5.2 EMERGING LEADERS
- 11.5.3 PERVASIVE PLAYERS
- 11.5.4 PARTICIPANTS
- 11.5.5 COMPANY FOOTPRINT: KEY PLAYERS, 2024
- 11.5.5.1 Company footprint
- 11.5.5.2 Region footprint
- 11.5.5.3 Ingredient type footprint
- 11.5.5.4 Application footprint
- 11.6 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2024
- 11.6.1 PROGRESSIVE COMPANIES
- 11.6.2 RESPONSIVE COMPANIES
- 11.6.3 DYNAMIC COMPANIES
- 11.6.4 STARTING BLOCKS
- 11.6.5 COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2024
- 11.6.5.1 Detailed list of key startups/SMEs
- 11.6.5.2 Competitive benchmarking of key startups/SMEs
- 11.7 BRAND/PRODUCT COMPARISON ANALYSIS
- 11.8 COMPANY VALUATION AND FINANCIAL METRICS
- 11.9 COMPETITIVE SCENARIO
- 11.9.1 PRODUCT LAUNCHES
- 11.9.2 DEALS
- 11.9.3 EXPANSIONS
12 COMPANY PROFILES
- 12.1 KEY PLAYERS
- 12.1.1 BASF SE
- 12.1.1.1 Business overview
- 12.1.1.2 Products offered
- 12.1.1.3 Recent developments
- 12.1.1.3.1 Product launches
- 12.1.1.3.2 Deals
- 12.1.1.3.3 Expansions
- 12.1.1.4 MnM view
- 12.1.1.4.1 Key strengths/Right to win
- 12.1.1.4.2 Strategic choices
- 12.1.1.4.3 Weaknesses/Competitive threats
- 12.1.2 DOW INC.
- 12.1.2.1 Business overview
- 12.1.2.2 Products offered
- 12.1.2.3 Recent developments
- 12.1.2.3.1 Product launches
- 12.1.2.3.2 Deals
- 12.1.2.4 MnM view
- 12.1.2.4.1 Key strengths/Right to win
- 12.1.2.4.2 Strategic choices
- 12.1.2.4.3 Weaknesses/Competitive threats
- 12.1.3 SYENSQO SA/NV
- 12.1.3.1 Business overview
- 12.1.3.2 Products offered
- 12.1.3.3 Recent developments
- 12.1.3.3.1 Product launches
- 12.1.3.3.2 Deals
- 12.1.3.4 MnM view
- 12.1.3.4.1 Key strengths/Right to win
- 12.1.3.4.2 Strategic choices
- 12.1.3.4.3 Weaknesses/Competitive threats
- 12.1.4 CLARIANT AG
- 12.1.4.1 Business overview
- 12.1.4.2 Products offered
- 12.1.4.3 Recent developments
- 12.1.4.3.1 Product launches
- 12.1.4.3.2 Deals
- 12.1.4.3.3 Expansions
- 12.1.4.4 MnM view
- 12.1.4.4.1 Key strengths/Right to win
- 12.1.4.4.2 Strategic choices
- 12.1.4.4.3 Weaknesses/Competitive threats
- 12.1.5 ASHLAND INC.
- 12.1.5.1 Business overview
- 12.1.5.2 Products offered
- 12.1.5.3 Recent developments
- 12.1.5.4 MnM view
- 12.1.5.4.1 Key strengths/Right to win
- 12.1.5.4.2 Strategic choices
- 12.1.5.4.3 Weaknesses/Competitive threats
- 12.1.6 EVONIK INDUSTRIES AG
- 12.1.6.1 Business overview
- 12.1.6.2 Products offered
- 12.1.6.3 Recent developments
- 12.1.6.3.1 Product launches
- 12.1.6.3.2 Deals
- 12.1.6.3.3 Expansions
- 12.1.7 CRODA INTERNATIONAL PLC
- 12.1.7.1 Business overview
- 12.1.7.2 Products offered
- 12.1.7.3 Recent developments
- 12.1.7.3.1 Product launches
- 12.1.7.3.2 Deals
- 12.1.7.3.3 Expansions
- 12.1.8 THE LUBRIZOL CORPORATION
- 12.1.8.1 Business overview
- 12.1.8.2 Products offered
- 12.1.8.3 Recent developments
- 12.1.8.3.1 Product launches
- 12.1.8.3.2 Deals
- 12.1.9 ADEKA CORPORATION
- 12.1.9.1 Business overview
- 12.1.9.2 Products/Solutions/Services offered
- 12.1.10 NOURYON
- 12.1.10.1 Business overview
- 12.1.10.2 Products offered
- 12.1.10.3 Recent developments
- 12.1.10.3.1 Product launches
- 12.1.10.3.2 Expansions
- 12.2 OTHER PLAYERS
- 12.2.1 STEPAN COMPANY
- 12.2.2 DSM-FIRMENICH AG
- 12.2.3 INNOSPEC INC.
- 12.2.4 EASTMAN CHEMICAL COMPANY
- 12.2.5 CORBION N.V.
- 12.2.6 CARGILL, INC.
- 12.2.7 ELEMENTIS PLC
- 12.2.8 AIR LIQUIDE
- 12.2.9 MERCK KGAA
- 12.2.10 MOMENTIVE
- 12.2.11 KAO CORPORATION
- 12.2.12 GALAXY SURFACTANTS LTD.
- 12.2.13 GIVAUDAN SA
- 12.2.14 HALLSTAR
- 12.2.15 COLONIAL CHEMICAL, INC
13 ADJACENT AND RELATED MARKETS
- 13.1 INTRODUCTION
- 13.2 LIMITATION
- 13.3 EMOLLIENTS MARKET
- 13.3.1 MARKET DEFINITION
- 13.3.2 MARKET OVERVIEW
- 13.4 EMOLLIENTS MARKET, BY REGION
14 APPENDIX
- 14.1 DISCUSSION GUIDE
- 14.2 KNOWLEDGESTORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
- 14.3 CUSTOMIZATION OPTIONS
- 14.4 RELATED REPORTS
- 14.5 AUTHOR DETAILS