The Sodium Cocoyl Isethionate Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Sodium Cocoyl Isethionate Global Market Report 2024, The sodium cocoyl isethionate market size has grown strongly in recent years. It will grow from $0.18 billion in 2023 to $0.2 billion in 2024 at a compound annual growth rate (CAGR) of 8.7%. The growth in the historic period can be attributed to consumer demand for mild surfactants, rising popularity of solid bar products, growth in natural and organic personal care, increasing awareness of sensitive skin care, preference for sulfate-free formulations.
The sodium cocoyl isethionate market size is expected to see strong growth in the next few years. It will grow to $0.28 billion in 2028 at a compound annual growth rate (CAGR) of 8.7%. The growth in the forecast period can be attributed to continued demand for gentle surfactants, innovation in solid personal care products, emphasis on biodegradability and sustainability, expansion in baby care product offerings, continued popularity in facial cleansers. Major trends in the forecast period include innovation in multifunctional formulations, focus on mildness for sensitive skin care, adoption in baby care and dermatological products, rising demand in high-foaming hair care products, global expansion of sodium cocoyl isethionate applications.
The growing demand for skincare products is expected to drive the growth of the sodium cocoyl isethionate market in the coming years. Skincare products, such as face masks and body scrubs, play an important role in self-care routines. Sodium cocoyl isethionate is a solvent that allows water, oil, and dirt to be combined to make things clean. Sodium cocoyl isethionate can be used in hundreds of skincare products such as facial cleansers, bar soap, acne products, styling products and other products. According to Trefis, a financial research and analysis company, the global skincare industry was worth almost $135 billion, rising almost 60% in the last 10 years, and Trefis estimates it to hit $180 billion, a rise of over 30% by 2023. Therefore, the growing demand for skincare products drives the growth of the sodium cocoyl isethionate market.
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The sodium cocoyl isethionate market covered in this report is segmented –
1) By Type: Powder, Needles And Flakes, Granules
2) By Product Type: Cleansing Sodium Cocoyl Isethionate, Hair Conditioning Sodium Cocoyl Isethionate, Surfactant Sodium Cocoyl Isethionate, Other Product Types
3) By Application: Skin Care, Hair Care, Baby Care, Oral Care, Other Applications
Major companies operating in the sodium cocoyl isethionate market are focusing on developing innovative products such as Plantapon Soy to meet the increasing need for efficient and natural surfactants in personal care and cosmetic products. Plantapon soy is a bio-based surfactant derived from soy protein and coconut oil. This anionic surfactant is suitable for mild rinse-off applications in the personal care industry. For instance, in April 2022, BASF, a Germany-based chemical company, launched Plantapon Soy, a bio-based surfactant derived from soy protein and coconut oil. It is made from non-GMO soybeans, sourced from Europe, and coconut oil, making it suitable for vegan formulations and natural cosmetic standards such as COSMOS. Plantapon Soy is of 100% natural origin, cruelty-free, and offers an alternative to surfactants containing sulfate or ethylene oxide derivatives.
The sodium cocoyl isethionate market report table of contents includes:
1. Executive Summary
- Sodium Cocoyl Isethionate Market Characteristics
- Sodium Cocoyl Isethionate Market Trends And Strategies
- Sodium Cocoyl Isethionate Market – Macro Economic Scenario
- Global Sodium Cocoyl Isethionate Market Size and Growth
. - Global Sodium Cocoyl Isethionate Market Competitive Benchmarking
- Global Sodium Cocoyl Isethionate Market Competitive Dashboard
- Key Mergers And Acquisitions In The Sodium Cocoyl Isethionate Market
- Sodium Cocoyl Isethionate Market Future Outlook and Potential Analysis
- Appendix
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