India personal care ingredients market is expected to project a CAGR of 5.2%, during the forecast period. India has one of the fastest expanding personal care ingredient markets. The growth of the market can be mainly attributed to the increasing consumer spending on cosmetic and personal care especially in metro cities along with the towns and small cities in the country. The Indian personal care products sector present strong potential growth opportunities for the global as well as domestic companies owing to the presence of a large base of the potential customer population. Apart from this, the personal care and cosmetics sector in India has shown considerable and continued growth, with increasing shelf space in retail stores and boutiques in India, stocking cosmetics from all across the globe.
India personal care ingredients market is segmented on the basis of ingredients and application. Based on ingredients, the market is segmented into rheology control agents, surfactants, emollients, active ingredients, emulsifiers, and others. Based on application, the market is further classified into hair care, oral care, skin care, cosmetics, and others (fragrances and toiletries). Among these applications, the skin care segment is among the major application of personal care ingredients. The rising availability of specific-purpose skin care solutions, such as anti-aging creams and lotions, sunscreen lotions, and anti-acne creams is driving the growth of the market in skin care application.
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India Personal Care Ingredients Market – Segmentation
By Ingredients
- Rheology Control Agents
- Surfactants
- Emollients
- Active Ingredients
- Emulsifiers
- Others (UV Filters and Pearlizers and Opacifiers)
By Application
- Hair Care
- Oral Care
- Skin Care
- Cosmetics
- Others (Fragrances and Toiletries)
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Company Profiles
- Ashland Global Holdings, Inc.
- BASF SE
- Corbion N.V.
- Croda International Plc
- Eastman Chemical Co.
- Evonik Industries AG
- Galaxy Surfactants Ltd.
- Huntsman International LLC
- Koninklijke DSM N.V.
- Lonza Group Ltd.
- Merck KGaA
- Solvay S.A.
- The Dow Chemical Co.
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