Isopropyl Palmitate Market Outlook:
Isopropyl Palmitate Market size was valued at USD 700.1 million in 2025 and is set to exceed USD 1.58 billion by 2035, expanding at over 8.5% CAGR during the forecast period i.e., between 2026-2035. In the year 2026, the industry size of isopropyl palmitate is estimated at USD 753.66 million.
The reason behind the growth is impelled by the growing beauty & personal care industry across the globe. Globally, the average person's discretionary income has increased significantly in the last several years which has led to the rising spending in makeup and skincare products among women.
For instance, globally, the beauty and personal care industry is expected to expand by over 3% between 2024 and 2028, reaching a market size of around USD 735 billion by 2028.
The growing usage of antiperspirant sticks is believed to fuel the market growth. Antiperspirant sticks employ isopropyl palmitate as a physical stabilizer that fights odors, leaves a clean, fresh aroma behind, and diminishes perspiration.