Emollients Market size was over USD 1.74 billion in 2024 and is projected to reach USD 3.2 billion by 2037, witnessing around 4.8% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of emollients is assessed at USD 1.81 billion. The global increase in skin illnesses is driving the demand for emollients in personal care products. One in four Americans, or 84.5 million, suffered from a skin condition. The US health care system spent USD 75 billion on medical, preventative, prescription, and over-the-counter medicine costs related to skin condition.
In addition to this, new businesses can place a higher priority on using natural components in their emollient formulations by taking advantage of consumers' growing appreciation for sustainable and natural products. This approach can appeal to eco-conscious customers looking for skincare products with transparent and environmentally responsible sources, since it is in line with the clean beauty movement.
Growth Drivers
Challenges
Base Year |
2024 |
Forecast Year |
2025-2037 |
CAGR |
4.8% |
Base Year Market Size (2024) |
USD 1.74 billion |
Forecast Year Market Size (2037) |
USD 3.2 billion |
Regional Scope |
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Form (Solid, Semi-Solid, Liquid)
Based on form, liquid segment in the emollients market is anticipated to hold 50% of the revenue share during the forecast period. Liquid emollients are typically accessible. The majority of natural emollients are found in liquid form, including fatty acids, oils, and lipids. Furthermore, because they are used in liquid personal care formulations including creams, lotions, moisturizers, and shampoos, among others, synthetic emollients like butylene glycol and capric/caprylic triglyceride are also available in liquid form. 17.58 million Americans used body moisturizers, creams, or lotions at least 14 times in 2020, according to a survey.
Source (Botanical, Animal, Mineral, Synthetic)
Based on source, the botanical segment is anticipated to hold 40% share of the global emollients market by 2037. Emollients made from plant-based oils, butter, and botanical extracts are becoming more and more popular as a result of growing customer demand for natural and organic products. Natural emollients are in high demand as a result of consumers' increasing focus on health and wellness and their desire for skincare products with components they believe to be healthier. The value of the global industry for natural cosmetics and personal care would rise, from about USD 35 billion in 2021 to around USD 59 billion in 2031.
Application (Skin Care, Hair Care, Deodorants, Oral Care)
Based on application, skin care segment is anticipated to hold 30% share of the global emollients market by 2037. This is explained by customers using skin care products like lotions, creams, and moisturizers more frequently. Further propelling market expansion is the personal care industry's growing use of plant-based emollients. Many producers of personal care products are creating new items with plant-based oils to give customers efficient personal care options. OrgaGlo made its market debut in India in August 2022 with about eighteen of their newest products, which included plant-based components for skin and hair care.
Our in-depth analysis of the global market includes the following segments:
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APAC Market Forecast
Emollients market in Asia Pacific region is projected to hold largest revenue share of about 34% during the projected period. The growing demand for cosmetics is primarily driving the exponential growth of the worldwide emollients market in the Asia Pacific region. Particularly among the young adults and millennials residing in this area, there is a noteworthy surge in the need for personal hygiene goods. As a result, a large number of businesses have started to enter this profitable industry by creating a range of personal care products that are specially designed to meet the needs and preferences of this particular demographic. According to data from the Chinese National Bureau of Statistics, the per capita spending in China on home products rose to USD 3,781.2 in 2021, a small increase of 13.6% from the year before.
North American Market Statistics
The emollients market in North America region is attributed to hold the largest revenue share of about 28% during the forecast period. The US's expanding need for cosmetics and personal hygiene goods is the reason for this growth. North America's share of the worldwide emollient market is increasing due to swift changes in consumer lifestyles and an increasing emphasis on wellness and beauty. Furthermore, consumers' changing shopping habits and growing awareness of wellness and beauty are driving the market's rise in North America. Furthermore, one reason contributing to the expansion of the worldwide emollients market is the rising consumer expenditure on skincare and anti-aging cosmeceuticals.
Author Credits: Rajrani Baghel
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