Global Emollients Oils For Personal Care And Cosmetic Market Overview
As per MRFR analysis, the Emollient Oils For Personal Care And Cosmetic Market Size was estimated at 75.53 (USD Billion) in 2022. The Emollient Oils For Personal Care And Cosmetic Market Industry is expected to grow from 80.04(USD Billion) in 2023 to 135.0 (USD Billion) by 2032. The Emollients Oils For Personal Care And Cosmetic Market CAGR (growth rate) is expected to be around 5.98% during the forecast period (2024 - 2032).
Key Emollients Oils For Personal Care And Cosmetic Market Trends Highlighted
The rising trend toward natural and organic personal care products is shaping the Emollient Oils for Personal Care and Cosmetic Market, with consumers seeking products derived from plant-based and sustainable sources. Moreover, the growing awareness of the benefits of emollients and oils in maintaining skin health is driving demand for these ingredients in skincare and haircare applications. Technological advancements in extraction and formulation techniques are enabling the development of innovative emollients and oils with enhanced properties. The increasing use of these ingredients in high-performance skincare and cosmetics, such as anti-aging and moisturizing products, is also contributing to market growth.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Emollients Oils For Personal Care And Cosmetic Market Drivers
Rising Demand for Natural and Organic Products
Consumers are increasingly seeking natural and organic products for their personal care and cosmetic needs. This is due to growing awareness of the potential health and environmental concerns associated with synthetic ingredients. Emollients and oils derived from natural sources, such as plants and minerals, are perceived as being gentler on the skin and more sustainable. The growing demand for natural and organic products is expected to drive the growth of the Emollients Oils For Personal Care And Cosmetic Market Industry in the coming years.
Increasing Popularity of Anti-Aging Products
Anti-aging products are required by the aging population. Emollients and oils help in anti-aging formulations by providing hydration and nourishment to the skin. As a result, the appearance of wrinkles and fine lines is reduced, and the skin texture and elasticity are improved. The rise in the use and demand of anti-aging products increases the demand for emollients and oils in the Global Emollient Oils, Personal Care And Cosmetic Market Industry.
Growing Prevalence of Skin Conditions
Skin diseases such as eczema and psoriasis are continually increasing, increasing the demand for emollients and oils. These products have crucial value in managing skin conditions by reducing dryness, itching, and irritation. Moreover, they support the restoration of the skin’s natural barrier and protect it from further damage. Therefore, the rising prevalence of skin diseases is anticipated to enhance the demand for emollients and oils in the Global Emollients Oils Personal Care And Cosmetic Market Industry.
Emollients Oils For Personal Care And Cosmetic Market Segment Insights:
Emollients Oils For Personal Care And Cosmetic Market Type Insights
The Emollients Oils For Personal Care And Cosmetic Market is segmented by type. The type is further divided into natural emollients, synthetic emollients and oils. The natural emollients segment will have a higher growth rate during the given period. Natural emollients are extracted from plants, which include vegetable oils, butter and waxes. They have gained tremendous popularity in recent years due to their mild and nourishing properties. The continuously increasing demand for natural and organic personal care products is boosting the growth of this segment.On the other hand, the synthetic emollients segment continues to be a major segment for the Emollients Oils For Personal Care And Cosmetic Market revenue. Synthetic emollients are prepared through chemical synthesis and are used in various personal care and beauty care products. They can be easily spread, resistant to water and have a long-lasting effect. The third segment that will generate continuous and steady growth is the oils segment. Various types of oils, such as mineral oil, olive oil, and coconut oil, are used in several types of personal care and cosmetic products.They provide good moisturizing, nourishing, and protective effects. The Emollients Oils For Personal Care And Cosmetic Market Type Segment will see continuous growth for all the sub-types. A conducive atmosphere between the natural organic product’s growth is also leading to an increase in the demand for a single product with several features. In addition, customers are continuously moving towards personalized skin and hair care products. It will all lead to a higher overall growth of the given segment during the given period.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Emollients Oils For Personal Care And Cosmetic Market Application Insights
There are four applications related to the chosen product, namely, Skincare, Haircare, Makeup, and Other Personal Care and Cosmetics. It has been estimated that the Skincare application will be the prominent segment, accounting for more than 40% of the overall market revenue. Moreover, the Haircare application is anticipated to become the dominating segment with a CAGR higher than 6% in the period perspective from 2023 to 2032. The specific chosen product is characterized by features that distinguish this market from other ones. First, emollients and oils are integral components of various personal care and cosmetics items that help to soften and smoothen the skin and hair.They are used in a myriad of diverse products, including, among others, moisturizers, lotions, creams or shampoos, conditioners and makeup. Second, this market is stimulated by the growing inclination of the customers to purchase natural and organic personal and cosmetics products. To illustrate, people tend to use items that are free of sulfates, parabens and other harsh chemicals and, instead, are composed of natural emollients and oils. The latter may originate from different plant oils and butters. Third, the enhancement of the disposable income of the world’s population is another external growth driver that can be identified in this case.Customers are more likely to expand their budget for products that improve their appearance and health. Fourth, the growing trend towards e-commerce and online purchasing also supports the development of this sphere due to the safety margin and variety that the clients may find on the web.
Emollients Oils For Personal Care And Cosmetic Market Nature Insights
The Emollients Oils For Personal Care And Cosmetic Market revenue from the Organic segment is projected to grow from USD 40.41 billion in 2023 to USD 72.56 billion by 2032, exhibiting a CAGR of 6.71% during the forecast period. The increasing demand for natural and organic personal care products, coupled with growing consumer awareness about the harmful effects of synthetic ingredients, is driving the growth of the organic segment. Inorganic Emollients Oils For Personal Care And Cosmetic Market revenue is further segmented into Mineral Oils, Silicones, and Others.
The Mineral Oils sub-segment is expected to dominate the market with a revenue of USD 25.32 billion in 2023, primarily due to their low cost, high availability, and versatile properties. Silicones, on the other hand, are expected to witness a steady growth rate during the forecast period, owing to their ability to impart a smooth and silky feel to the skin.
Emollients Oils For Personal Care And Cosmetic Market Form Insights
The Emollients Oils For Personal Care And Cosmetic Market is segmented by Form into Oil, Cream, Lotion and Serum. The Cream segment held the largest market share in 2023, accounting for over 35% of the global market revenue. The Lotion segment is expected to grow at the highest CAGR of 6.5% during the forecast period. The growth of the Cream segment can be attributed to its ability to provide deep hydration and nourishment to the skin. Creams are also versatile and can be used on various skin types, including dry, sensitive, and acne-prone skin.The growth of the Lotion segment can be attributed to its lightweight and easy-to-apply texture. Lotions are also refreshing and can be used throughout the day to keep the skin hydrated. The Oil segment is expected to witness steady growth during the forecast period. Oils are rich in nutrients and antioxidants, which can help to improve the skin's overall health and appearance. The Serum segment is also expected to grow at a significant pace during the forecast period. Serums are highly concentrated and can deliver a potent dose of active ingredients to the skin.
Emollients Oils For Personal Care And Cosmetic Market End User Insights
The Emollient Oils For Personal Care And Cosmetic Market is segmented by End User into Men, Women, and Children. Among these segments, the Women segment held the largest market share in 2023, accounting for 57.4% of the global market revenue. The Men segment is expected to grow at the highest CAGR of 6.5% during the forecast period. The growth of the Men's segment can be attributed to the increasing demand for male grooming products, such as beard oils, hair styling products, and skincare products. The Children's segment is expected to grow at a moderate CAGR of 5.8% during the forecast period, driven by the growing demand for baby care products, such as baby oils, lotions, and shampoos.
Emollients Oils For Personal Care And Cosmetic Market Regional Insights
The regional market for Emollient Oils for Personal Care and Cosmetic Market is segmented into North America, Europe, APAC, South America and MEA. North America is the largest market for emollients and oils, followed by Europe. The APAC region is expected to grow at the highest CAGR during the forecast period. This growth is attributed to the increasing demand for personal care and cosmetic products in emerging countries such as China and India. The South American market is also expected to grow at a significant rate due to the rising disposable income and increasing awareness of personal care products.The MEA region is the smallest market for emollients and oils, but it is expected to grow at a steady rate over the forecast period.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Emollients Oils For Personal Care And Cosmetic Market Key Players And Competitive Insights:
Major players in Emollients Oils For Personal Care And Cosmetic Market industry are constantly innovating and developing new products to meet the changing needs of consumers. Leading Emollients Oils For Personal Care And Cosmetic Market players are investing heavily in research and development to create products that are safe, effective, and affordable. The Emollients Oils For Personal Care And Cosmetic Market is highly competitive, with a number of major players vying for market share. Some of the key players in the Emollients Oils For Personal Care And Cosmetic Market include BASF, Clariant, Croda International, Evonik, and Ashland. These companies offer a wide range of emollients and oils that are used in a variety of personal care and cosmetic products. The Emollients Oils For Personal Care And Cosmetic Market is expected to continue to grow in the coming years as consumers become increasingly aware of the benefits of using natural and organic products.One of the leading players in the Emollients Oils For Personal Care And Cosmetic Market is BASF. BASF is a global chemical company that offers a wide range of products for the personal care and cosmetic industry. BASF's Emollient Oils For Personal Care And Cosmetic Market portfolio includes a variety of natural and synthetic emollients and oils that are used in a variety of personal care and cosmetic products. BASF is committed to providing its customers with high-quality products that are safe, effective, and affordable.Another major player in the Emollients Oils For Personal Care And Cosmetic Market is Clariant. Clariant is a global specialty chemicals company that offers a wide range of products for the personal care and cosmetic industry. Clariant's Emollients Oils For Personal Care And Cosmetic Market portfolio includes a variety of natural and synthetic emollients and oils that are used in a variety of personal care and cosmetic products. Clariant is committed to providing its customers with high-quality products that are safe, effective, and affordable.
Key Companies in the Emollients Oils For Personal Care And Cosmetic Market Include:
Emollients Oils For Personal Care And Cosmetic Market Industry Developments
The Emollients Oils For Personal Care And Cosmetic Market is poised to experience significant growth in the coming years, driven by rising consumer demand for natural and organic personal care products. In 2023, the market is valued at approximately USD 80.04 billion, and it is projected to expand at a CAGR of 5.98% to reach USD 135.0 billion by 2032.Recent news developments in the market include the launch of new product lines by major players such as Unilever and Procter Gamble. These companies are investing heavily in research and development to create innovative products that meet the evolving needs of consumers. Additionally, the growing popularity of e-commerce is providing new opportunities for market players to reach a wider customer base.Key factors driving the growth of the market include increasing disposable income, rising awareness of the benefits of natural and organic ingredients, and the growing popularity of online shopping. However, the market is also facing challenges such as intense competition and the stringent regulatory environment.
Emollients Oils For Personal Care And Cosmetic Market Segmentation Insights
| Report Attribute/Metric | Details |
| Market Size 2022 | 75.53(USD Billion) |
| Market Size 2023 | 80.04(USD Billion) |
| Market Size 2032 | 135.0(USD Billion) |
| Compound Annual Growth Rate (CAGR) | 5.98% (2024 - 2032) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Base Year | 2023 |
| Market Forecast Period | 2024 - 2032 |
| Historical Data | 2019 - 2023 |
| Market Forecast Units | USD Billion |
| Key Companies Profiled | Eastman Chemical Company, Lonza, Stepan Company, Vantage Specialty Chemicals, Inc., The Procter Gamble Company, Ashland Global Specialty Chemicals Inc., Evonik Industries AG, Henkel, Clariant AG, Dow, Solvay, Emery Oleochemicals, Croda International Plc, BASF SE, International Flavors Fragrances Inc. |
| Segments Covered | Type, Application, Nature, Form, End User, Regional |
| Key Market Opportunities | 1.      Growth in demand for natural and organic personal care products 2.      Increasing disposable income and rising standards of living 3.      Technological advancements in product development 4.      Expansion of e-commerce and online sales channels 5.      Rising consumer awareness of skin health and wellness |
| Key Market Dynamics | 1.      Rising consumer demand for natural and organic personal care products 2.      Increasing awareness of the benefits of emollients and oils 3.      Growing popularity of antiaging and skincare products 4.      Innovations in product formulations and packaging and 5.      Expansion of e-commerce channels |
| Countries Covered | North America, Europe, APAC, South America, MEA |
Frequently Asked Questions (FAQ) :
The Emollients Oils For Personal Care And Cosmetic Market was estimated to be worth USD 80.04 billion in 2023.
The Emollients Oils For Personal Care And Cosmetic Market is projected to grow at a CAGR of 5.98% from 2024 to 2032.
Asia Pacific is expected to hold the largest market share in the Global Emollient Oils For Personal Care And Cosmetic Market in 2032.
Emollient oils are used in a wide range of personal care and cosmetic products, including skincare, haircare, and makeup.
Some of the key competitors in the Global Emollient Oils For Personal Care And Cosmetic Market include BASF, Dow, Evonik, and Stepan Company.
The growth of the Emollients Oils For Personal Care And Cosmetic Market is being driven by increasing demand for natural and organic personal care products, rising disposable income, and growing awareness of the benefits of emollients and oils for skin and hair health.
The Emollients Oils For Personal Care And Cosmetic Market is facing challenges such as intense competition, regulatory changes, and fluctuations in the prices of raw materials.
Opportunities for growth in the Emollients Oils For Personal Care And Cosmetic Market include expanding into emerging markets, developing new and innovative products, and focusing on sustainability.
Key trends in the Emollients Oils For Personal Care And Cosmetic Market include the growing popularity of natural and organic products, the increasing use of emollients and oils in anti-aging products, and the development of new technologies for delivering emollients and oils to the skin and hair.
The Emollients Oils For Personal Care And Cosmetic Market is projected to reach USD 135.0 billion by 2032.
Senior Research Analyst With an experience of over five years in market research industry (chemicals & materials domain), i gather and analyze market data from diverse sources to produce results, which are then presented back to a client. also, provide recommendations based on the findings. as a senior research analyst, i perform quality checks (qc) for market estimations, qc for reports, and handle queries and work extensively on client customizations. also, handle the responsibilities of client proposals, report planning, report finalization, and execution
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