Showing posts with label Personal Care & Cosmetics. Show all posts
Showing posts with label Personal Care & Cosmetics. Show all posts

Monday, 9 September 2019

Fragrance Market will Grow due to Awareness Regarding Cleanliness and Personal Hygiene

10-Sep-2019: The global fragrance market size is expected to reach USD 91.17 billion by 2025, according to a new report by Grand View Research, Inc. It is projected to register a CAGR of 3.7% over the forecast period. Rising awareness regarding cleanliness and personal hygiene among middle-class income groups in the emerging economies including India, China, Thailand, Vietnam, and Brazil is expected to expand the scope of fragrances over the forecast period.

Fragrance Market

Personal care is anticipated to emerge as prominent application segment owing to increasing demand for the products including perfume, deodorants, soap, talcum powder, cream, and hair oil. Moreover, rising demand for car and room fresheners coupled with the popularity of aromatherapy in households is anticipated to further fuel the growth. In addition, hospitality has become one of the emerging sectors for fragrances owing to their rising usage to create a pleasant environment. The sector has significant demand for different kinds of fragrances including jasmine, lavender, and eucalyptus which boost up consumers’ mood and create a lively environment.

North America was the largest market in 2018, generating a revenue exceeding USD 20 billion. Major manufacturers are adopting strategies such as new product launch and mergers and acquisitions. For instance, in 2017, Coty Inc. signed an agreement to buy 60% of the stakes of the Younique, LLC, a company dealing in direct sales exclusively through the social media and online platforms.

Key market participants are L’Oréal Group; Unilever; The Procter & Gamble Company; Kering S.A.; CHANEL International B.V.; LVMH Group; Givaudan; Revlon Inc.; Firmenich International SA; Estee Lauder Companies Inc.; Coty Inc.; and Giorgio Armani S.p.A. Some of the manufacturers are focusing on R&D of organic products to expand the product portfolio. For instance, in June 2018 Elsa’s Organic Skin Foods, a U.K. based company, launched Ocean Natural Deodorant Crème. The product is a silk to powder deodorant balm contains natural antibacterial such as Rose Geranium, Tea Tree, and Patchouli.

In depth research report on Fragrance Market

Further key findings from the report suggest:

·       Personal care application led the global fragrance market, with a revenue share of over 47.8% in 2018

·       Online channels are expected to account for 8.2% of the global share by the end of 2025

·       North America led the market in 2018, accounting for 33.9% of the global share

·       New product launches, mergers and acquisitions, and capacity expansion are expected to remain the key strategies among the industry participants over the forecast period.

Grand View Research has segmented the global fragrance market on the basis of product, application, distribution channel, and region:

Fragrance Product Outlook (Revenue, USD Billion, 2015 - 2025)

·       Deodorants

·       Perfumes

·       Others

Fragrance Application Outlook (Revenue, USD Billion, 2015 - 2025)

·       Personal Care

·       Household Care

·       Others

Fragrance Distribution Channel Outlook (Revenue, USD Billion, 2015 - 2025)

·       Offline

·       Online

Browse more research reports of this category:

About Grand View Research

Grand View Research, Inc. is the U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

For more market analysis reports, please visit: http://www.grandviewresearch.com/

Monday, 26 August 2019

Emollients & Oils for Personal Care and Cosmetics Market Hit USD 1.54 Billion by 2025: Grand View Research, Inc.

26-Aug-2019: The global emollients & oils for personal care and cosmetics market size is expected to reach USD 1.54 billion by 2025, according to a report by Grand View Research, Inc. It is projected to expand at a CAGR of 6.1% during the forecast period. This growth is attributed to the rapid emergence of new cosmetic brands, emerging economies, and rising adoption of digital technologies.

Emollients & Oils for Personal Care and Cosmetics Market

Shifting focus of business and distribution relationship for product manufacturers and ingredient suppliers is towards online sales platforms is challenging the primary sales channels. This is not only enabling ease in accessibility but is also boosting the international potential customer base. Thus, the manufacturers are increasingly focusing on digital engagement to boost the sales of cosmetics and personal care products.

Emollients and oils manufacturers are strengthening their presence across the emerging economies owing to a strong potential of growth across Asia and Middle East and Africa. These developing geographies are depicting as the source of innovation and are modernizing the personal care industry with increasing investments from major market players.

The developed regions account for a majority of share of the emollients and oils for personal care and cosmetics market owing to the presence of a large number of manufacturers and high product consumption on account of premium spending capacity.

In depth research report on Emollients & Oils for Personal Care and Cosmetics Market

Further key findings from the report suggest:

·       The skin care application is expected to hold a major market share in terms of volume whereas the deodorant application segment is expected to register the highest growth rate in terms of revenue during the forecast period

·       In 2017, Europe was the largest consumer of emollients and oils for personal care and cosmetics market

·       Asia Pacific is expected to generate revenue around USD 450 million by 2025 owing to increasing manufacturing base across the region

·       Some of the key market players are The Lubrizol Corporation; Evonik Industries AG; Innospec, Inc.; BASF SE; and Stephenson Group Limited.

Grand View Research has segmented the global emollients and oils for personal care and cosmetics market on the basis of application and region:

Emollients & Oils for Personal Care & Cosmetics Application Outlook (Volume, Tons; Revenue, USD Million, 2014 - 2025)

·       Sun care

·       Deodorants

·       Skin care

·       Hair care

·       Others

Browse more research reports of this category:

About Grand View Research

Grand View Research, Inc. in the U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

For more market analysis reports, please visit: http://www.grandviewresearch.com/

Monday, 15 October 2018

Human Milk Oligosaccharides (HMO) Market Hit USD 170.4 Million by 2024 : Grand View Research, Inc.

According to a report by Grand View Research, Inc.; the global human milk oligosaccharides (HMOs) market is anticipated to reach USD 170.4 million by 2024. HMO is considered as one of the best alternatives for non-lactating mothers owing to its nutritious value essential for the growth of infants. Most manufacturing companies are using various fermentation processes and chemical synthesis to manufacture effective HMOs to cater to rising demand.


Human Milk Oligosaccharides (HMO) Market

Growing adoption of dietary supplements to attain healthy lifestyle is likely to drive growth of the market in the coming years. Increase in infant mortality rate owing to insufficiency of essential enzymes in human milk can augment market growth over the forecast period (2013 to 2024). Rising necessity for human milk oligosaccharides (HMOs) to prevent and cure infants from harmful health disorders can foster growth of the market. High demand for HMO in medicinal supplements owing to its antimicrobial protection and prebiotic effects can further fuel the market. Increasing adoption of nutritious food owing to rise in health awareness is likely to drive market in the coming years.

For instance, Nestle is the first company to develop an infant formula containing two human milk human milk oligosaccharide (HMO) molecules. European food safety authority (EFSA) has already evaluated the formula and food and drug administration (FDA) has approved it. According to clinical research, the formula is likely to induce adequate growth in infants. It can also support in developing gut flora of infants getting HMOs, similar to babies on breastfeeding.

However, stringent government regulations to limit use of HMOs as infant food may restrict market growth in the coming years. In addition, high production cost involved in fermentation processes and use of complex technology can create obstruction in growth of this market. Moreover, high R&D cost coupled with lack of technical expertise can also impede market growth during the forecast period.

Nevertheless, focus on development of cost-effective production techniques by most manufacturing companies coupled with wide scope for improvement in HMOs are expected to create lucrative opportunities in the market.

The human milk oligosaccharides market is bifurcated on the basis of applications and regions. Based on applications, the market is segmented into functional food & beverages, infant formula, and food supplements. Based on region, the market is split into North America, Europe, Asia Pacific, Latin America, and MEA.

In the global arena, Europe dominated the market by attaining maximum volume share of 30% in the year 2015. High demand for infant formulas and increasing number of manufacturers are likely to impel market growth in the region. In addition, growing need for dairy products in the region can foster growth in the market. Moreover, rising demand for functional food products in the region including yogurt and energy drinks are likely to bode well for market growth.

In Asia Pacific, the market is anticipated to showcase a CAGR of 10% over the forecast period owing to rising awareness related to chronic diseases such as diabetes, rickets, and high blood pressure. In addition, growing need for dietary supplements in the region can impel market in near future. Moreover, high disposable income and rising awareness level of the middle class population regarding health disorders can bode well for regional growth in the forthcoming years.

In North America, growing number of HMO manufacturers and rising adoption of formulated milk is expected to propel the regional market over the forecast period.

Some of the prominent players operating in the human milk oligosaccharides (HMO) market are Medolac Laboratories, ZuChem, Elicityl SA, Inbiose, and Jennewein Biotechnologie. There is a limited number of manufacturing companies dealing in HMOs making this market quite consolidated. To survive the competition, market players are adopting innovative strategies and technologies to reduce the production cost. Cost cutting and technological advancements across the market are likely to attract investors during the forecast period. For instance, Inbiose uses fermentation to produce human milk oligosaccharides, which is quite economical method in comparison to enzymatic and chemical synthesis.

In-Depth Research Report On Human Milk Oligosaccharides (HMO) Market:
https://www.grandviewresearch.com/industry-analysis/human-milk-oligosaccharides-market

Tuesday, 12 June 2018

Polyglycerols – Natural Ingredient for Personal Care Products

Growing requirement for natural food and beverage products owing to rising health awareness among consumers is anticipated to propel demand for polyglycerol. Polyglycerols are inter-molecular glycerol esters, which can be used in food products such as cakes, chocolates, and ice creams. Increasing use of polyglycerols in other products such as pharmaceutical products and detergents can also drive the product demand in the coming years.

Polyglycerols


Cosmetics and Personal Care Sector: The Largest Product Consumer

Major application areas for polyglycerol are pharmaceuticals, personal care, and food & beverages. In 2014, personal care segment dominated other segments while accounting for 47% of overall volume. It is expected to witness a significant growth during the forecast period (from 2015 to 2022) owing to high demand for various creams and moisturizers. Moreover, rising consumer awareness regarding skincare and increasing disposable income can further impel product demand.

Considering the rising demand, most companies are offering advanced polyglycerol-based personal care products. For instance, Volition recently introduced its new product called Prismatic Luminizing Shield SPF 50 to provide protection from hazardous UV rays. The new product contains polyglyceryl-3 as an ingredient, a combination of hydroxyl groups of polyglycerol and fatty acids. Users can apply this product gently on their face around 30 minutes before sun exposure.

Market Insights

According to a recent report by Grand View Research, Inc.; the global polyglycerol market is anticipated to reach at USD 5.52 billion by 2022. Growing adoption of low-fat food items among consumers owing to rising health awareness is expected to impel growth of the market. High demand for skincare products such as creams and moisturizers due to high consumer awareness can also fuel market growth. Furthermore, growing concerns of food manufacturers regarding Non-Genetically Modified (Non-GMO) crops to save environment can foster growth of the market in the next few years.

Strict quality check procedures by governments for food products are likely to stimulate growth of polyglycerol market in the coming years. Supportive government protocols to reduce greenhouse gas emissions owing to use of petrochemicals in beverages and food can also spur market growth during the forecast period. Some of the leading companies offering polyglycerol are Procter & Gamble Co.; Unilever Holdings; Godrej Industries, Ltd.; Dow Chemical Company; and SOLVAY SA.

In-Depth Research Report On Automotive Appearance Chemicals Market:
https://www.grandviewresearch.com/industry-analysis/polyglycerol-market

Thursday, 31 May 2018

Polyglycerols – Natural Ingredient for Personal Care Products

Growing requirement for natural food and beverage products owing to rising health awareness among consumers is anticipated to propel demand for polyglycerol. Polyglycerols are inter-molecular glycerol esters, which can be used in food products such as cakes, chocolates, and ice creams. Increasing use of polyglycerols in other products such as pharmaceutical products and detergents can also drive the product demand in the coming years.


Cosmetics and Personal Care Sector: The Largest Product Consumer

Major application areas for polyglycerol are pharmaceuticals, personal care, and food & beverages. In 2014, personal care segment dominated other segments while accounting for 47% of overall volume. It is expected to witness a significant growth during the forecast period (from 2015 to 2022) owing to high demand for various creams and moisturizers. Moreover, rising consumer awareness regarding skincare and increasing disposable income can further impel product demand.

Considering the rising demand, most companies are offering advanced polyglycerol-based personal care products. For instance, Volition recently introduced its new product called Prismatic Luminizing Shield SPF 50 to provide protection from hazardous UV rays. The new product contains polyglyceryl-3 as an ingredient, a combination of hydroxyl groups of polyglycerol and fatty acids. Users can apply this product gently on their face around 30 minutes before sun exposure.

Market Insights

According to a recent report by Grand View Research, Inc.; the global polyglycerol market is anticipated to reach at USD 5.52 billion by 2022. Growing adoption of low-fat food items among consumers owing to rising health awareness is expected to impel growth of the market. High demand for skincare products such as creams and moisturizers due to high consumer awareness can also fuel market growth. Furthermore, growing concerns of food manufacturers regarding Non-Genetically Modified (Non-GMO) crops to save environment can foster the growth of the market in the next few years.

Strict quality check procedures by governments for food products are likely to stimulate growth of polyglycerol market in the coming years. Supportive government protocols to reduce greenhouse gas emissions owing to use of petrochemicals in beverages and food can also spur market growth during the forecast period. Some of the leading companies offering polyglycerol are Procter & Gamble Co.; Unilever Holdings; Godrej Industries, Ltd.; Dow Chemical Company; and SOLVAY SA.

In-Depth Research Report On Automotive Appearance Chemicals Market:
https://www.grandviewresearch.com/industry-analysis/polyglycerol-market

Monday, 9 October 2017

U.S. Hair Brush Market Is Expected To Grow Owing To Increasing Health And Hygiene Awareness

The U.S. Hair Brush Market is expected to reach USD 1.25 billion by 2022, according to a new study by Grand View Research, Inc. Reducing prices of synthetic bristle hair brushes is expected to drive market growth over the forecast period. Hair brushes are mostly used for detangling human hair and are increasingly being used for styling and smoothing of hair. High tech infrared brushes are gaining popularity; these increase blood circulation in the scalp and stimulate scalp follicles. Additionally, these brushes are ergonomically designed for increased ease of use.

U.S. Hair Brush Market
U.S. hair brush market by application, 2012 - 2022 (Million Units)

Increasing demand for vibrating hair brushes that provide scalp massage is anticipated to fuel the U.S. hair brush market over the forecast period. Further, ergonomically designed foldable hair brushes with attached mirrors are gaining popularity owing to compact design. Increasing cost of natural bristle brushes is expected to hinder the U.S. hair brush industry over the forecast period. Further, government regulations banning use of animal hair in brushes and increasing preference of integrated electrical brushes may negatively impact the U.S. hair brush market over the next seven years.

In depth research report on U.S. Hair Brush Market:

Further key findings from the study suggest:

·       In terms of volume, the U.S. hair brush market is expected to grow at a CAGR of 0.25% from 2015 to 2022. Hair brushes are available in various designs such as paddle, cushion, round, wet, and vented. They are made up of natural, synthetic, and hybrid bristles. Body of the hair brush is usually made up of ceramics such as tourmaline and porcelain. Ceramic bodies help distribute heat evenly after using hair dryers.

·       Synthetic brushes made from nylon, ideally used with thick hair provide easy detangling and are used by professional hair stylist. Natural bristles help in distributing natural hair oils of the hair towards the hair ends and provide various other health benefits to users. Paddle brushes are mostly used for untidy, hard to manage hair. Round brushes find utility for tidying hair and curling hair ends.

·       There exists high demand from the personal sector, mainly due to increasing awareness regarding health & well-being in the region. Product discounts and promotions play a major role in influencing buyers, which may positively impact the U.S. hair brush industry. Factors such as cultural practices, climate, economics, and fashion trends influence buyer behavior.

·       Key players in the U.S. hair brush market include AirMotion Pro, Braun, Conair, Babyliss, Crave Naturals, Hershesons, Denman, Kent, Mason Pearson, Revlon, L’Oreal, Spornette, Trevor Sorbie, Scalpmaster, Vega and Wet Brush. Denman offers wide range of hair brushes such as vented, curling, wooden padded etc. Conair is expected to remain the major player in the U.S. hair brush market.

For the purpose of this study, Grand View Research has segmented the U.S. hair brush market on the basis of application:

U.S. Hair Brush Application Outlook (Volume, Million Units & Revenue, USD Million; 2012 - 2022)

·       Personal
·       Professional

Browse more research reports of this category:

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

For more market analysis reports, please visit: http://www.grandviewresearch.com/