Global Personal Care Active Ingredients Market 2017-2021

Overview of the global personal care active ingredients market

This market research analysis identifies the growing preference for multifunctional products as one of the primary growth factors for the personal care active ingredients market. The consumers are preferring multifunctional products as they provide streamlined solutions that are cost effective. The vendors are focusing on developing integrated products that target various issues and offer multiple benefits. The demand for UV products that can be used as makeup is steadily increasing to provide protection and enhance the natural look. Multifunctional products contain active ingredients that can perform multiple functions encourages consumers to adopt such products as they reduce time and give better results. Technavio’s market research analysts predict that this market will grow steadily at a CAGR of around 6% by 2021.

The demand for conditioning agents and their usage in skincare products is steadily increasing. The increasing awareness about the benefits of conditioning agents is encouraging vendors to develop new agents for skin care applications such as cationic conditioning polymers. The rising trend of hair styling and hair styling products will contribute to the demand for conditioning agents. The conditioning agents improve the homeostatic process of growth and repair by providing supplements to the body's genetically inherited renewal mechanisms. According to this market research report, the growing demand for conditioning agents will be one of the key trends behind the growth of this market.

Competitive landscape and key vendors