According to a new market report published by Lucintel, the future of the filler in the personal care market looks promising with opportunities in the facial care, oral care, body care, and hygiene product markets. Fillers in the personal care market are expected to grow at a CAGR of 6% from 2019 to 2024. The major drivers for this market are increasing demand for beauty care products and growth in hygiene market.
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In this market, mica, talc, kaolin, calcium carbonate, microsphere, bismuth oxychloride, and silica are used as fillers in the personal care industry. Lucintel forecasts that talc will remain the largest segment due to the increasing demand in face powder, foundation, face cream, and blushers. Lucintel predicts that mica is expected to witness the highest growth over the forecast period due to increasing demand for mica in color cosmetic products.
Within the filler for personal care market, facial care will remain the largest application due to increasing demand for talc, mica, and calcium carbonate in makeup products. Hygiene is expected to witness the highest growth in the forecast period supported by increasing demand for sanitary and baby diaper products.
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APAC will remain the largest region by value and volume and it is also expected to witness the highest growth over the forecast period. Increasing working population and per capita income is driving the demand for cosmetics and hygiene products.
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Emerging trends, which have a direct impact on the dynamics of the industry include increasing usage for bismuth oxychloride filler in cosmetics and growing consumption of ultra fine mica. Imerys, Omya, Mondo Minerals, Nippon Talc, Mineral Technologies, and BASF are among the major suppliers of fillers for the personal care market.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities of fillers in the personal care market by application, filler type, and region. Lucintel has prepared a comprehensive research report entitled “Growth Opportunities of Fillers in the Personal Care Market 2019-2024: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a catalyst for growth strategy as it provides a comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for fillers in the personal care market by application, filler type, and region as follows:
By Application [Volume (kt) and $M shipment analysis for 2013 – 2024]:
- Fascial Care
- Oral Care
- Body Care
- Hygiene Care
- Others
By Filler Type [Volume (kt) and $M shipment analysis for 2013 – 2024]:
- Mica
- Talc
- Kaolin
- Calcium Carbonate
- Microsphere
- Bismuth Oxychloride
- Silica
- Others
By Region [Volume (Kilotons) and $M shipment analysis for 2013 – 2024]:
- North America
− The US
− Canada
− Mexico
- Europe
− Germany
− France
− UK
− Italy
- Asia Pacific
− China
− India
− Japan
- The Rest of the World
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This 200-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/fillers-in-the–personal-care-market.aspx or helpdesk@lucintel.com
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
This report answers following 11 key questions:
Q.1 What are some of the most promising potential, high-growth opportunities for fillers in the personal care market by filler type (mica, talc, kaolin, calcium carbonate, microsphere, bismuth oxychloride, silica, and others), application (fascial care, oral care, body care, hygiene care and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q. 2 Which segments will grow at a faster pace and why?
Q.3 Which regions will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the market?
Q.5 What are the business risks and threats to the market?
Q.6 What are emerging trends in this market and the reasons behind them?
Q.7 What are some changing demands of customers in the market?
Q.8 What are the new developments in the market? Which companies are leading these developments?
Q.9 Who are the major players in this market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in this area and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11 What M & A activities have taken place in the last 5 years in this market?
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