UK Personal Care Ingredients Market 2020-2026

Full-title:UK 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.

UK personal care ingredients market is expected to project a CAGR of around 3.5%, during the forecast period. UK personal care ingredients market is mainly driven by the increasing health awareness, growing consumer's consciousness regarding product ingredients and growing consumer's willingness toward the purchase of professional skincare products. In September 2017, Lake Personal Care, a division of Lake Chemicals and minerals Ltd., a major producer and distributor of raw chemicals and ingredients in UK & Ireland had launched Redditch-based laboratory to drive new product developments in the personal care ingredients to meet customer demand. The launch of new laboratory in the country is anticipated to promote the growth of the personal care ingredients market in UK. In addition, the country had seen several new product launches which is further anticipated to drive the growth of the country's market. For instance, in September 2019, Avon UK had launched its first vegan and eco-friendly skincare line "distillery" that included cleansing balm, SPF 25 Day cream, night cream, vitamin powder and purifying oil each of which can be purchased individually or in kit.

UK personal care ingredients market is segmented on the basis of ingredients and application. Based on ingredients, the market is segmented into rheology control agents, surfactants, emollients, active ingredients, emulsifiers, and others. Based on application, the market is further classified into hair care, oral care, skin care, cosmetics, and others (fragrances and toiletries). Among these applications, the skin care segment is among the major application of personal care ingredients. The rising availability of specific-purpose skin care solutions, such as anti-aging creams and lotions, sunscreen lotions, and anti-acne creams is driving the growth of the market in skin care application.

Furthermore, some of the key players in the market include BASF SE, Clariant International Ltd., The Dow Chemical Co., Evonik Industries AG, Solvay S.A. These companies are using several strategies to expand market share and gain a competitive advantage over their competitors. The strategies include new product launches, mergers and acquisitions, partnerships, and collaborations.

Research Methodology

The market study of the UK personal care ingredients market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders and industry experts. Primary research brings authenticity in our reports.

Secondary Sources Include:

• Financial reports of companies involved in the market.

• Authentic public databases

• Whitepapers, research-papers, and news blogs.

• Company websites and their product catalogue.

The report is intended for manufacturers of personal care products and ingredients for overall market analysis and competitive analysis. The report provides in-depth analysis on market size, intended quality of the service preferred by consumers. The report will serve as a source for 360-degree analysis of the market thoroughly integrating different models.

Market Segmentation:

• UK Personal Care Ingredients Market Research and Analysis by Ingredients

• UK Personal Care Ingredients Market Research and Analysis by Application

The Report Covers:

• Comprehensive research methodology of the UK personal care ingredients market.

• This report also includes a detailed and extensive market overview with key analyst insights.

• Exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.

• Analysis of regional regulations and other government policies impacting the UK personal care ingredients market.

• Insights about market determinants which are stimulating the UK personal care ingredients market.

• Detailed and extensive market segments with regional distribution of forecasted revenues.

• Extensive profiles and recent developments of market players.