China Cosmetic & Personal Care Ingredients Market Overview: —
China Cosmetic & personal care ingredients market size is expected to grow at 5.5% CAGR by 2023
However, stern regulations on usage of some personal care ingredients in the products owing to carcinogenic dioxane banned in shampoo by Saudi Arabia Food & Drug Administration will restraint the market demand in coming years. Hence, with research & development, companies are focusing on multi-functionality requirements by consumer in order to cater the market demand.
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China Cosmetic & Personal Care Ingredients Market Key Players:
Key players of the MENA/G.C.C./China Cosmetic & personal care ingredients market are SABIC, Artec Chemical Company Limited, Dongming Jujin Chemical Co., Ltd., Ittihad International Chemicals Trading LLC (IICT), Reza Chemical Industries (RCI) (REZA Investment Company Ltd.), Chemanol and DOGOIDE Group among others.
China Cosmetic & Personal Care Ingredients Market Segment Analysis:
Cosmetic & personal care ingredients refer to the raw materials which are used for manufacturing of cosmetic products. The ingredients can be processed naturally as well as synthetically which are blended and formulated to enhance the properties of cosmetic products.
The different categories of ingredients used in manufacturing of cosmetics include, emulsifiers, emollients, rheology modifiers, surfactants, and antioxidant among others. Ingredients used under this category include — tocopherols, dimethicone, parabens, formaldehydes, sodium lauryl sulphate, titanium dioxide, glycerine and alcohols among others. With dominance of skincare, hair care and fragrance products along with multi-functionality ingredients to boost the personal care ingredients market.
Green surfactants and emulsifiers are heading high in personal care formulations owing to high demand for sustainable products as well as adopting renewable feedstock. Ingredients like sodium lauryl sulfate provides primary foam, cleaning and has good tolerance and emulsifying properties.
China Cosmetic & Personal Care Ingredients Market Regional Analysis:
Geographically, the cosmetics & personal care ingredients market is fragmented among regions Middle East & North Africa, China and Gulf countries. Among all the regions, China is estimated to be largest consumer of cosmetics & personal care ingredients owing to increasing demand of multi-functional ingredients, high demand of anti-aging products, and skin whitening products in cosmetics & personal care market. The skincare and hair care products account for more than half of the retail value in China’s cosmetic market. Furthermore, the market is estimated to witness relatively high CAGR of 5.89% over the forecast period.
Turkey cosmetics and personal care ingredients market is estimated to witness maximum value share growth over the forecast period owing to large manufacturing base for cosmetics & personal care products as well as major exporting hub of soap and hair care products. North Africa, Israel and Rest of MENA market has relatively low share in cosmetics and personal care ingredients market. The market suffices their cosmetics and personal care needs by imports from Turkey and nearby European countries.
China Cosmetic & Personal Care Ingredients Market Table of Content:
1 Report Prologue
2 Market Introduction
3 Research Methodology
4 Market Dynamics
5 Market Factor Analysis
China Cosmetic & Personal Care Ingredients Market Table of Content to be Continue………,
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