Global Emollients & Oils for Personal Care and Cosmetics Market by Application (Deodorants, Sun Care, Skin Care, Hair Care) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028

Summary of the Report

In 2017, the global emollients and oils for personal care and cosmetics industry was worth USD 960.3 millions. The market is expected to grow at 6.1% over the forecast period. The growth is expected to be driven by rising awareness about health and the increasing popularity of multifunctional products. Further, expansion is expected to be driven by favorable regulations regarding the use of different ingredients and the compatibility between emollients or oils with other ingredients.

The global cosmetics market will be driven by changing lifestyles and increasing awareness about the importance of enhancing the individual personality of consumers. The United States, France and the UK are focused on expanding their business in emerging markets. According to the International Trade Administration (ITA), Asia has a potential customer base exceeding three billion people and is the fastest growing region in cosmetics and personal care products.

The market for emollients, oils for personal care, and cosmetics is thriving due to the growing middle class in emerging countries. The market is also supported by the increasing penetration of ecommerce platforms in emerging regions. Companies are working to strengthen their regional bases and tap into the potential market.

The key factors that are restraining the growth of the cosmetics sector, however, are the recent appearance of new beauty treatments and increased awareness about the possible side effects of cosmetics.

Application Insights

In 2017, skincare applications accounted for more than 40% of the market. This is due to consumers' increasing use of these products in their daily grooming routines. The rising awareness of beauty is a major factor driving the demand for skincare products. This has also contributed to the increased use of oils and emollients. Consumer concerns about the effects of pollution on skin are a positive factor in driving demand for skin products around the world.

From 2018 to 2025, the deodorant market is expected to grow rapidly. The market will be driven by rising standards of living in emerging countries and an increased desire to look beautiful over the forecast period. Due to rising demand for skin care products that are natural oil-based, the market is likely to grow in the future.

With the introduction of advanced deodorants such as antiperspirants and moisturizing, gas-less and alcohol-free products, the demand for these products has increased. These products are being used in large quantities in the U.S. as well as Europe, including Germany, France, Spain, Italy, France and Spain. This is positively impacting the demand for oils and emollients.

Galenic sun care cosmetics are formulated with an oil phase that is optimized by a selection emollient ester. These esters improve the spreadability and sensory qualities of products, which results in uniform distribution of the product onto the skin. They are also known for improving the solubility of sun care products. This, in turn, increases the absorption UV radiation and meets regulatory requirements. The future will see a rise in demand for sun care cosmetics that are easy to use and offer enhanced protection.

Regional Insights

North America will generate over USD 400 millions in revenue by 2025. In 1994, the North American Free Trade Agreement (NAFTA), which allowed free trade between the U.S., Mexico and Canada, opened up consumer access to multi-national brands in mass product categories. It also increased competition in the personal care and cosmetics industries. In order to compete effectively, there must be improved manufacturing efficiency, greater economies of scale and better distribution channels.

From 2018 to 2025, Europe will experience a 5.5% CAGR. It is expected that the strong manufacturing base for personal care products in France and Germany will be a key factor for business growth. The European Commission (EC), introduced the Horizon 2020 Strategy in 2013. It was designed to encourage the use of natural-based ingredients for chemicals, personal care, and cosmetics. This will support the demand for emollients, oils, and other cosmetics products.

Asia Pacific accounted for more than 25% of the global market in revenue in 2017. The forecast period will see a positive impact on regional growth due to rising preference for natural-based products rather than synthetic ones. India's growth can be attributed to a growing awareness of beauty and wellness, as well as a rapidly changing lifestyle.

Market Share insights on Emollients & Oils for Cosmetics and Personal Care

Manufacturers invest in R&D to create products that offer multiple benefits, including flexibility in manufacturing and enhanced cleansing capabilities. For capturing market share, a healthy distribution cycle is crucial. To increase their regional presence, producers are developing long-term partnerships with distributors. Lubrizol Corporation partnered with Essential Ingredients in July 2017 to distribute its products throughout the U.S. and strengthen its regional presence.

Market players use mergers and acquisitions to expand their product range and improve their regional presence. The personal care market will see a rise in competition for the oils and emollients used in cosmetic products. Innospec, Inc. purchased European Differentiated Surfactants, which was a subsidiary Huntsman Investments B.V. to expand its product line for performance chemicals.

Manufacturers are now able to source organic raw materials due to increasing customer awareness about the benefits of organic and bio-based products. Market participants are also buying organic farms to improve their farming capabilities. Vantage Specialties, Inc. purchased an organic jojoba plant from Cocopah Nurseries to make emollients, oils, and other cosmetics products.

Emollients & Oils for Personal Care and Cosmetics Market Scope

The Report Covers Certain Segments

This report predicts revenue growth at the global, regional, or country levels. It also provides analysis of industry trends for each sub-segment from 2014 through 2025. Grand View Research has divided the global emollients, oils for personal care and cosmetics markets report on the basis if application and region.

• Application Outlook (Volume and Tons; Revenue USD Million, 2014-2025)

  • Sun Care

  • Deodorants

  • Skin Care

  • Hair Care

  • Other

• Regional Outlook (Volume and Tons; Revenue USD Millions, 2014-2025)

  • North America

    • The U.S.

    • Canada

    • Mexico

  • Europe

    • Germany

    • The U.K.

    • France

  • Asia Pacific

    • China

    • Japan

    • India

  • Central & South America

    • Brazil

  • Middle East & Africa

    • Saudi Arabia

These are the most frequently asked questions about this report

b. Global emollients, oils for personal care and cosmetics markets were valued at USD 1,078.7 Million in 2019. They are expected to grow to USD 1,146 Million in 2020.

b. Global emollients, oils for personal care and cosmetics markets are expected to grow at 6.1% compound annual growth rate between 2019 and 2025 to reach USD 1,543.9 Million by 2025.

b. With a 28.7% share in 2019, Europe was the dominant market for emollients, oils for personal care, and cosmetics. This can be attributed to the high awareness of cosmetic product usage and positive perceptions about their health.

b. b.

b. b.

Up Market Research published a new report titled “Emollients & Oils for Personal Care and Cosmetics Market research report which is segmented by Application (Deodorants, Sun Care, Skin Care, Hair Care), By Players/Companies Incorporated, Sonneborn, Stephenson Group Limited, BASF SE, LLC Innospec, Berg + Schmidt GmbH & Co KG, Inc, Inc, Vantage Specialty Ingredients, Hallstar, Evonik Industries AG, The Lubrizol Corporation, Yasham, Cargill”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.

Global Emollients & Oils for Personal Care and Cosmetics Market Report Segments:

The market is segmented by Application (Deodorants, Sun Care, Skin Care, Hair Care).

Emollients & Oils for Personal Care and Cosmetics Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.

Key Benefits for Industry Participants & Stakeholders:

• Industry drivers, restraints, and opportunities covered in the study
• Neutral perspective on the market performance
• Recent industry trends and developments
• Competitive landscape & strategies of key players
• Potential & niche segments and regions exhibiting promising growth covered
• Historical, current, and projected market size, in terms of value
• In-depth analysis of the Emollients & Oils for Personal Care and Cosmetics Market

Overview of the regional outlook of the Emollients & Oils for Personal Care and Cosmetics Market:

Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.

Highlights of The Emollients & Oils for Personal Care and Cosmetics Market Report:

1. The market structure and projections for the coming years.
2. Drivers, restraints, opportunities, and current trends of Emollients & Oils for Personal Care and Cosmetics Market.
3. Historical data and forecast.
4. Estimations for the forecast period 2028.
5. Developments and trends in the market.

                1. Deodorants

                2. Sun Care

                3. Skin Care

                4. Hair Care

7. Market scenario by region, sub-region, and country.
8. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
9. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
10. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Emollients & Oils for Personal Care and Cosmetics Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.

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Reasons to Purchase the Emollients & Oils for Personal Care and Cosmetics Market Report:

• The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
• Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
• Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
• The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
• Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.