Personal Care Ingredients Market size was over USD 14.56 billion in 2024 and is poised to exceed USD 30.3 billion by 2037, witnessing over 5.8% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of personal care ingredients is evaluated at USD 15.24 billion. The market growth can be attributed to evolving lifestyles and rising purchasing power in developing nations. For instance, the active ingredients sector is worth over USD 2 billion globally. Moreover, the dominance is seen in the United States and Europe, claiming nearly 60% of the industry, while Asia holds about one-third, with China alone taking a 60% share within the region.
In addition to these, factors that are believed to fuel the sectoral growth of the market include their diverse applications as anti-fungal, anti-aging, and skin conditioning agents. Active components like UV protectants and exfoliants, along with inactive elements such as surfactants and preservatives, serve as secondary keywords, underlining their extensive use in skincare product manufacturing.
Author Credits: Rajrani Baghel
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