Overview and Scope
Emollients refer to a cosmetic preparation that is applied directly to the skin for giving moisturizing treatment. Emollients decrease the transepidermal water loss by forming an occlusive oil film on the stratum corneum.
Sizing and Forecast
The emollients market size has grown strongly in recent years. It will grow from $1.51 billion in 2023 to $1.59 billion in 2024 at a compound annual growth rate (CAGR) of 5.2%. The growth in the historic period can be attributed to skin care industry growth, personal care products demand, cosmetic and beauty trends, rise of natural and organic products, aging population and anti-aging products.
The emollients market size is expected to see strong growth in the next few years. It will grow to $1.96 billion in 2028 at a compound annual growth rate (CAGR) of 5.3%. The growth in the forecast period can be attributed to rising awareness of skin health, customization in beauty products, innovation in sustainable and ethical products, emergence of indie beauty brands, expansion of men’s grooming market. Major trends in the forecast period include technological advancements in ingredient science, digital influence on beauty trends, rise in natural and organic emollients, emphasis on sustainability and green chemistry, growing demand in personal care products.
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Segmentation & Regional Insights
The emollients market covered in this report is segmented –
1) By Type: Esters, Fatty Alcohols, Fatty Acids, Ethers, Silicones, Other Types
2) By Form: Solid, Liquid
3) By Application: Skin Care, Hair Care, Deodorants, Oral Care, Other Applications
4) By End User: Cosmetics Industries, Toiletries Industries, Oral Care Industries, Other End-Users
North America was the largest region in the emollient market in 2023. Asia-Pacific is expected to be the fastest-growing region in the global emollients market report during the forecast period. The regions covered in the emollients market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Major Driver Impacting Market Growth
The increasing demand for personal care products is expected to propel the growth of the emollient market going forward. Personal care products refer to those products that are used for personal grooming and maintaining personal hygiene. Emollients are the ingredients that are used in personal care products to relieve irritation and dryness of the skin. These are used in various skincare and personal care products to provide moisturizing effects, smoothen fine lines and wrinkles, improve photodamage, and reduce signs of aging. For instance, in March 2023, according to the Federal Reserve Economic Data, a US-based online database organization, the consumer price index for personal care products in the major cities of the USA was $160.22 in January 2022 and grew to $171.53 representing a growth of 6.59% in February 2023. Therefore, the increasing demand for personal care products is driving the growth of the emollient market going forward.
Key Industry Players
Major companies operating in the emollients market report are Cargill Incorporated, BASF SE, The Dow Chemical Company , Peter Cremer North America LP, Stephenson Group Ltd., Evonik Industries AG, Sasol Limited, Solvay SA, Kao Corporation, Croda International plc, Univar Solutions Inc., Eastman Chemical Company, The Lubrizol Corporation, Lonza Group Ltd., Clariant AG, Stepan Company, Ashland Inc., Innospec Inc., Elementis plc, Emery Oleochemicals LLC, Sonneborn LLC, Pilot Chemical Corp., Oleon NV, Vantage Specialty Chemicals, Bio-Botanica Inc., Village Vitamin Food Company LLC, Hallstar, Jarchem Industries Inc., Colonial Chemical Inc., Lipo Chemicals Inc.
The emollients market report table of contents includes:
1. Executive Summary
2. Emollients Market Characteristics
3. Emollients Market Trends And Strategies
4. Emollients Market – Macro Economic Scenario
5. Global Emollients Market Size and Growth
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32. Global Emollients Market Competitive Benchmarking
33. Global Emollients Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Emollients Market
35. Emollients Market Future Outlook and Potential Analysis
36. Appendix
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