Beauty & Personal Care Surfactants Market Size, Sector / Industry Report & Analysis, 2025 (Includes Business Impact of COVID-19)

                                          
Abstract, Snapshot, Market Analysis & Market Definition: Global Beauty & Personal Care Surfactants Market


The global Beauty & Personal Care Surfactants market size is projected to reach US$ 12.43 billion by 2026, from US$ 8.38 billion in 2020, at a CAGR of 6.79% during 2021-2026. It is driven by the rise in demand for sunscreens, bio-based, and anti-ageing products. Rising awareness regarding the advantages of skin friendly products in personal care industry is anticipated to further fuel the growth.

Rise in product innovations by the key market players including the use of bio-based ingredients has contributed to the product demand. For instance, in April 2018, BASF introduced a new range of personal care products for hair and healthy skin solutions with mild surfactants and natural conditioning elements. Moreover, rise in the living standards among the working and high class population is expected to contribute to the product demand, thereby driving growth of the beauty and personal care surfactants market.

Rising demand from the younger population possesses a huge impact on the personal care and beauty products. However, the consumers also tend to spend a high amount on skin and hair care products. Moreover, an increasing penetration of the global companies such as LOreal SA; Colgate-Palmolive Company; Procter and Gamble; Avon Products Inc.; Helen of Troy Limited; Johnson and Johnson; Unilever; and Estee Lauder Companies Inc. provides a boost for the product demand.

Positive impact of social media advertisements, e-commerce channels, and a number of beauty specialist retailers provide huge growth opportunities to personal care products. Rise in consumer purchasing power and awareness regarding beauty and personal hygiene are anticipated to further drive the product demand. Moreover, high demand for anti-aging products from Generation X is also projected to drive the market growth.

Market Segmentation, Outlook & Viewpoint: Global Beauty & Personal Care Surfactants Market

Product Market Segmentation & Outlook (Revenue, USD Billion, 2014 - 2025)

  
Nonionics
  
Cationics
  
Amphoterics
  
Anionics
  
Others

Application Market Segmentation & Outlook (Revenue, USD Billion, 2014 - 2025)

  
Skin Care
  
Hair Care
  
Others

Key Players, Recent Developments & Regional Insights: Global Beauty & Personal Care Surfactants Market

Nonionics held the largest market share of about 32.89% in 2018. The segment is driven by the ability of the product to dissolve the poorly soluble ingredients. This helps it gain significant market share in beauty, skin, and personal care products. Moreover, an increase in demand for the waterless products such as cleansers and face wash is projected to drive the growth in near future. For instance, in April 2017, Emami Ltd., launched a waterless face wash called HE On The Go, in advanced grooming category.

Amphoterics product is anticipated to witness the fastest CAGR of 8.77% from 2019 to 2025. Rising application of this product due to its antibacterial, compatibility, low toxicity, and excellent resistance to hard water is expected to propel the growth. The product finds application in the hair care and bath and shower products as it is mild on eyes and skin. Application of the product to enhance the anti-itching and skin care features of shower gels, shampoo, hand soaps, and cleansers among other products is anticipates to further drive the growth.

Application Insights

Skin care application held the largest market share of around 54.99% in 2018. The segment is driven by increasing penetration of retail industry, especially in developing countries such as China and India. However, rise in demand for anti-aging products among middle aged population is also attributed to the market growth. Moreover, changing beauty trends and rising consumer awareness drive the growth. For instance, skin care products market is anticipated to expand at a CAGR of 4.4% reaching around USD 183 billion by 2025. This factor is anticipated to boost the demand for beauty and personal care surfactants in the forthcoming years.

Hair care application is anticipated to expand at the fastest CAGR of around 8.13% over forecast period. It is driven by rise in hair related problems along with the changing trends in fashion industry. Moreover, rise in product developments due to grey hair problems, especially in developing countries provides significant growth opportunity for the market. Rise in innovations in natural and herbal ingredients provided in the hair care category is also expected to drive the growth. For instance, Procter & Gamble provides a green tea and cucumber conditioner under the green essences category extracted from natural and herbal ingredients.

Regional Insights

In terms of value, Asia Pacific held the largest market share of about 37.44% in 2018. The rise application sectors such as hair and care products due to growing aged population is anticipated to boost the demand for beauty and personal care surfactants. Rising demand for anti-aging products along with the rise in working population and disposable income in personal care applications is anticipated to drive the growth. In China, disposable personal income grew at the rate of 15% from the year 2001 to 2016. The increasing purchasing power and preference for effective beauty products are expected to drive the application of surfactants in beauty care.

North America is expected to register the highest CAGR of 8.20% over the forecast period, on account of rising demand for personal care products. Growing consumer awareness regarding grooming and personal well-being is anticipated to propel the demand for various skin and hair care products in the region. In U.S., personal care products for hair, skin, and oral hygiene was valued at USD 128.16 billion in 2015 and is estimated to expand at a CAGR of 4.50% over the forecast period.

Beauty and Personal Care Surfactants Market Share Insights

Rising demand for the products such as natural materials leads to the increase in product innovations and advancements, thereby fueling market growth. The market is identified by several strategic activities, such as acquisitions and mergers, and product innovations, capacity expansions, initiated by the key manufacturers such as BASF, Akzo Nobel, Kao Corporation, Stepan Company, Rhodia, Clariant, Evonik Industries, and Croda International.

Key players are focusing on expanding their presence to obtain greater market share. The strategic partnerships and joint ventures with buyers to introduce new application and products is projected to remain a critical success factor over the forecast period. Manufacturers are also likely to focus on promotional activities and brand endorsements owing to the rising influence of social media endorsements and e-commerce.

Key Insights Covered: Global Beauty & Personal Care Surfactants Market

1. North America, Europe, Asia Pacific, Middle East & Africa, Latin America market size (sales, revenue and growth rate) of Beauty & Personal Care Surfactants industry.
2. Global major manufacturers operating situation (sales, revenue, growth rate and gross margin) of Beauty & Personal Care Surfactants industry.
3. Global major countries (United States, Canada, Germany, France, UK, Italy, Russia, Spain, China, Japan, Korea, India, Australia, New Zealand, Southeast Asia, Middle East, Africa, Mexico, Brazil, C. America, Chile, Peru, Colombia) market size (sales, revenue and growth rate) of Beauty & Personal Care Surfactants industry.
4. SWOT analysis, New Project Investment Feasibility Analysis, Upstream raw materials and manufacturing equipment & Industry chain analysis of Beauty & Personal Care Surfactants industry.
5. Global market size (sales, revenue) forecast by regions and countries from 2019 to 2024 of Beauty & Personal Care Surfactants industry.

Research Methodology: Global Beauty & Personal Care Surfactants Market

  
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request a Sample Report.
  
Demand Side Primary Contributors: OEMs, Industrial Professionals, Researches, Suppliers and Distributors, Group Purchasing Organizations, Associations, Insurers, Universities, Technological Writers, Scientists, Promoters, Investors among others.
  
Supply Side Primary Contributors: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, Regulatory Affairs Managers among other