France personal care ingredients market is projected to grow with a robust CAGR during the forecast period 2023-2027. The primary factors contributing to the market growth are increasing health awareness, rising consumers consciousness regarding product ingredients and growing consumers inclination towards personal care products made from natural, organic, and bio-based ingredients. Moreover, with the increasing skin problems such as rashes, acne, burns, pigmentation the consumers are demanding products which have anti-fungal, anti-bacterial, anti-aging, and skin conditioning agents. This is providing lucrative growth opportunities to the market players. Furthermore, the growing usage of certain ingredients in the manufacturing of organic and natural personal care products along with increasing expenditure in the R&D activities to implement advanced technology in ingredient processing is providing a thrust to the market. Besides, the growing significance towards personal well-being and grooming on the account of inflating disposable income, rise in working women population is boosting the demand for personal care products. In addition, the growing demand for anti-aging products and eco-friendly packaging designs are adding to the market growth in the country. Moreover, the easy availability of such products on online retail channels are also boosting the sales of personal care products. The online retail channels offer a wide range of products to the consumers along with offering additional benefits such as doorstep delivery, lucrative discounts and cashbacks. Moreover, a significant rise in the demand for men’s grooming products and the increasing preference for multifunctional products are further catalysing the market growth.
Apart from this, personal care ingredients produced from petrochemicals has resulted in environmentally hazardous by-products and increased carbon emissions. As a result, the manufactures are now producing non-hazardous and eco-friendly products made from natural and organic things. This has resulted in production of enzymes that are capable of synthesizing bio-based solutions. Moreover, the rising awareness of biodegradable products and the benefits such as exceptional cleaning and moisturising associated with its use ae anticipated to create high growth opportunities in the market.
The France personal care market is segmented on the basis of type, application, competitive landscape and regional distribution. Based on the type, the market is further bifurcated into surfactants, conditioning polymers, rheology control agents, emollients, emulsifiers, antimicrobials, UV absorbers, and hair fixative polymers. The emollients segment is projected to hold a considerable market share in the coming years due to their versatility in skin care, hair care, cosmetic, hygiene and oral care products. In addition, they have the calming and soothing properties with the ability to build a protective layer on the skin’s surface. On the basis of application, the market is fragmented into skin care, hair care, oral care, make up, toiletries, and fragrance. The market analysis also studies the regional segmentation to devise regional market segmentation, divided among Northern France, Western France, Southern France, Eastern France, South Western France, and Central France.
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BASF SE, Evonik Industries AG, Croda International PLC., The DOW Chemical Company, Solvay SA, Wacker Chemie AG, Clariant AG, Lonza Group Ltd., E. I. Du Pont De Nemours and Company, Innospec Inc. are the leading market players of the France personal care ingredients market.
Attribute | Details |
Base Year | 2021 |
Historic Data | 2017-2021 |
Estimated Year | 2022 |
Forecast Period | 2023 – 2027 |
Quantitative Units | Revenue in USD Million, Volume in Units, CAGR for 2017-2021 and 2022-2027 |
Report coverage | Revenue Forecast, Volume Forecast, Company Share, Competitive Landscape, Growth Factors, And Trends |
Segments covered | · Type · Application |
Country scope | Northern France, Western France, Southern France, Eastern France, South Western France, and Central France.. |
Key companies profiled | BASF SE, Evonik Industries AG, Croda International PLC., The DOW Chemical Company, Solvay SA, Wacker Chemie AG, Clariant AG, Lonza Group Ltd., E. I. Du Pont De Nemours and Company, Innospec Inc |
Customization scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
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