Market Size in 2024 | Market Forecast in 2034 | CAGR (in %) | Base Year |
---|---|---|---|
USD 10.92 Billion | USD 21.13 Billion | 6.82% | 2024 |
The global beauty and personal care surfactants market size was worth around USD 10.92 Billion in 2024 and is predicted to grow to around USD 21.13 Billion by 2034 with a compound annual growth rate (CAGR) of roughly 6.82% between 2025 and 2034. The report analyzes the global beauty and personal care surfactants market's drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the beauty and personal care surfactants industry.
Surfactant is a chemical that stabilizes oil and water mixtures by decreasing surface tension through the interface between water and oil molecules. It is a vital ingredient in several homes, personal, and beauty care products. Demand for waterless products, including face wash and cleansers, is a crucial factor escalating the market growth. Also, a rise in the living standards among the working and high-class population and a surge in product innovations by the key market players, including the use of bio-based ingredients, are the significant factors driving the beauty and personal care surfactants market.
Moreover, the new range of unique care products for hair and healthy skin solutions with mild surfactants and natural conditioning elements will further create new opportunities for the beauty and personal care surfactants market in the forecast period mentioned above. However, the implementation of stringent regulations by government agencies and volatility in raw material prices are the major factors, among others, acting as restraints and will further challenge the growth of the beauty and personal care surfactants market in the forecast period mentioned above.
The COVID-19 pandemic has impacted the businesses of beauty and personal care surfactants. The COVID-19 pandemic spread throughout the world as strict lockdowns are implemented by governments and shut down companies. Thus, the movement of people is restricted during the covid-19 pandemic; the global beauty and personal care surfactants market is likely to be impacted considerably during the forecast period. Besides that, these products' uncertain production and supply hindered the market growth during the pandemic period.
The growing demand from the young population aids the global market growth
The growing demand from the young population is having a significant impact on personal care and beauty products. However, consumers also spend a lot on skin and hair care products. In addition, the increasing penetration of global companies such as L'Oreal SA; Colgate-Palmolive Company; Procter and Gamble; Avon Products Inc.; Helen of Troy Limited; Johnson and Johnson; Unilever; and Estee Lauder Companies Inc. is driving demand for the product. The positive impact of social media ads, e-commerce channels, and many beauty-focused retailers presents substantial growth opportunities for personal care products.
Increasing consumer purchasing power and awareness of beauty and personal hygiene are expected to drive product demand further. Furthermore, the high demand for anti-aging products from Generation X is also expected to drive the global beauty and personal care surfactants market growth.
The strict government regulations may hamper the global market growth
The implementation of stringent regulations by government agencies and volatile raw material prices are the main factors that, among others, act as a restraint and will continue to challenge the growth of the global beauty and personal care surfactants market during the forecast period.
The shift in demographic factors brings up several growth opportunities
As technology advances, there is a shift in demographic factors such as rapid urbanization and the reshaping of lifestyles & purchasing decisions. These factors are influencing the growth of the global personal and beauty care surfactants market. In addition, the penetration of beauty products through the online channel, promotional activities, social media advertising, and the presence of retailers in the care products will boost product awareness. Individuals and beauty engaged in providing the best service to their consumers offer lucrative opportunities for market growth.
The global beauty and personal care surfactants market is segregated based on product, application, and region.
By product, the market is divided into nonionic, cationic, amphoteric, anionic, and others. Among these, the nonionic segment dominates the market, accounting for a significant percentage of global sales. The product's ability to dissolve poorly soluble chemicals is driving the industry. This helps it gain substantial market share in the beauty, skin, and personal care categories. Also, in the near future, an increase in demand for water-free products such as facial cleansers and cleansers is expected to spur growth.
By application, the market is categorized into Skin Care, Hair Care, and Others. During the forecast period, the skin care segment dominated the market regarding revenue generation. The growing penetration of the retail sector, especially in developing countries such as China and India, is driving the industry. The market expansion can also be attributed to the increased demand for anti-aging products among the middle class. Additionally, heightened consumer awareness and changing beauty trends are driving growth.
Report Attributes | Report Details |
---|---|
Report Name | Beauty and Personal Care Surfactants Market |
Market Size in 2024 | USD 10.92 Billion |
Market Forecast in 2034 | USD 21.13 Billion |
Growth Rate | CAGR of 6.82% |
Number of Pages | 265 |
Key Companies Covered | BASF, Akzo Nobel, Kao Corporation, Stepan Company, Rhodia, Clariant, Evonik Industries, L'Oréal SA, Colgate-Palmolive Company, Procter & Gamble, Avon Products Inc., Helen of Troy Limited, Johnson & Johnson, Unilever, Estée Lauder Companies Inc., and others. |
Segments Covered | By Type, By Origin, By Application, and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, The Middle East and Africa (MEA) |
Base Year | 2024 |
Historical Year | 2020 to 2023 |
Forecast Year | 2025 - 2034 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
The spread of application areas helps Asia-Pacific dominate the global market
In 2021, Asia-Pacific dominated the global personal and beauty care surfactants market due to the spread of application areas such as hair and personal care products due to a growing aging population and demand for anti-aging products owing to an increase in the working population's personal disposable income care app in this area. North America is the expected region for the growth of the personal care and beauty care surfactants market due to the growing consumer awareness of personal grooming and wellness.
The report provides a company market share analysis to give a broader overview of the key market players. In addition, the report also covers key strategic developments of the market, including acquisitions & mergers, new product launches, agreements, partnerships, collaborations & joint ventures, research & development, and regional expansion of major participants involved in the beauty and personal care surfactants market on a global and regional basis.
Some of the main competitors dominating the global beauty and personal care surfactants market include -
By Product
By Application
By Region
FrequentlyAsked Questions
The global beauty and personal care surfactants market is expected to grow due to rising demand for skincare and haircare products, and consumer preference for mild, sustainable ingredients.
According to a study, the global beauty and personal care surfactants market size was worth around USD 10.92 Billion in 2024 and is expected to reach USD 21.13 Billion by 2034.
The global beauty and personal care surfactants market is expected to grow at a CAGR of 6.82% during the forecast period.
Asia-Pacific is expected to dominate the beauty and personal care surfactants market over the forecast period.
Leading players in the global beauty and personal care surfactants market include BASF, Akzo Nobel, Kao Corporation, Stepan Company, Rhodia, Clariant, Evonik Industries, L'Oréal SA, Colgate-Palmolive Company, Procter & Gamble, Avon Products Inc., Helen of Troy Limited, Johnson & Johnson, Unilever, Estée Lauder Companies Inc., among others.
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