France Personal Care Ingredients Market 2020-2026
Full-title:France Personal Care Ingredients Market Size, Share & Trends Analysis Report, By Ingredients (Rheology Control Agents, Surfactants, Emollients, Conditioning Polymers, and Others), By Application (Hair Care, Oral Care, Skin Care, Fragrances, and Others) and Forecast, 2020-2026.
France personal care ingredients market is expected to project a CAGR of 3.3%, during the forecast period. France is known to be one of the most urbane cosmetic, beauty and personal care market across the globe. Presence of renowned beauty care cosmetics companies namely L'Oreal and L.V.M.H. among others is again contributing towards the growth of cosmetic industry in the country. According to the Eurostat in 2019, France has a population of nearly 67 million and about 62.5% lying between ages 15 and 64. With such huge targeted population base, France represents a huge market potential for the growth of beauty products industry. Therefore, the growing demand for beauty and cosmetics product will further drive the personal care ingredients market in France.
France 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.
Additionally, the growing demand for anti-aging and anti-acne creams from growing aging population is further anticipated to drive the growth of personal care ingredients market in France. Some of the key players in the market include BASF SE, The Dow Chemical Co., Gattefosse Group, Evonik Industries AG, and Solvay SA. These companies are using several strategies to expand market share and gain a competitive advantage over their competitors. The strategies include new product launches, mergers and acquisitions, partnerships, and collaborations.
The market study of the France personal care ingredients market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macro-economic factors. Numbers extracted from Secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders and industry experts. Primary research brings authenticity in our reports.
Secondary Sources Include:
The report is intended for manufacturers of personal care products and ingredients for overall market analysis and competitive analysis. The report provides in-depth analysis on market size, intended quality of the service preferred by consumers. The report will serve as a source for 360-degree analysis of the market thoroughly integrating different models.
The Report Covers: