PUBLISHER: Grand View Research | PRODUCT CODE: 1376152
PUBLISHER: Grand View Research | PRODUCT CODE: 1376152
The global personal care specialty ingredients market size is expected to reach USD 19.07 billion by 2030, expanding at a CAGR of 5.4% from 2023 to 2030, according to a new report by Grand View Research, Inc.. Rising consumer awareness towards personal care and hygiene is expected to be a major factor for substantial market growth over the next few years. In addition, increasing disposable income in the emerging economies, particularly in the Asia-Pacific countries such as China and India, is expected to have a positive effect on market growth.
High penetration of this segment in personal care sector can be attributed to its chemical properties that make it compatible with several other ingredients. The anionics dominated the surfactant product segment owing to its use in a variety of personal care products, such as skin care, hair care and color cosmetics.