What is Global Emollient Market?
The Global Emollient Market is a vast and dynamic sector that plays a crucial role in the beauty and personal care industry. Emollients, also known as moisturizers, are substances that soften and soothe the skin. They are used in a variety of products, including lotions, creams, and ointments, to improve skin's appearance and texture. The market for these essential ingredients is global, with demand stemming from various regions around the world. In 2022, the global Emollient market was valued at a substantial US$ 1314 million. The market is projected to grow at a steady pace, reaching an estimated value of US$ 1565.2 million by 2029. This represents a Compound Annual Growth Rate (CAGR) of 2.5% during the forecast period from 2023 to 2029.
Synthetic, Natural oil in the Global Emollient Market:
The Global Emollient Market is segmented into two main categories: Synthetic and Natural oil-based emollients. Synthetic emollients are man-made, often derived from petroleum or other chemical sources. They are widely used in the beauty industry due to their long shelf-life and cost-effectiveness. On the other hand, natural oil-based emollients are derived from plant or animal sources. They are favored for their skin-nourishing properties and are often used in organic and natural beauty products. Despite the growing trend towards natural and organic products, synthetic emollients still dominate the market, accounting for over 75% of the total market share.
Skin Care, Hair Care, Oral Care, Others in the Global Emollient Market:
Emollients are used in a variety of applications, including skin care, hair care, oral care, and others. In skin care, they are used in products like moisturizers, lotions, and creams to hydrate and soften the skin. In hair care, they are used in conditioners and serums to smooth and detangle hair, making it easier to manage. In oral care, they are used in toothpastes and mouthwashes to improve texture and enhance user experience. Other applications of emollients include their use in lip balms, shaving creams, and even in some food products. Despite their wide range of applications, the largest segment of the Global Emollient Market is skin care, reflecting the growing consumer demand for products that improve skin health and appearance.
Global Emollient Market Outlook:
To recap, the Global Emollient Market was valued at US$ 1314 million in 2022 and is expected to reach US$ 1565.2 million by 2029, growing at a CAGR of 2.5% during the forecast period 2023-2029. The market is dominated by synthetic emollients, which account for over 75% of the total market share. The largest application segment of the market is skin care, reflecting the high demand for skin-enhancing products. It's important to note that the top three manufacturers in this market hold a share of over 50%, indicating a high level of market concentration.
| Report Metric | Details |
| Report Name | Emollient Market |
| Accounted market size in 2023 | US$ 1349.6 million |
| Forecasted market size in 2029 | US$ 1565.2 million |
| CAGR | 2.5 |
| Base Year | 2023 |
| Forecasted years | 2023 - 2029 |
| Segment by Type |
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| Segment by Application |
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| Segment by Region |
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| By Company | BASF SE, Croda International Plc, Lubrizol Corporation, Ashland Inc, Evonik Industries AG, Stepan, AAK AB, Lipo Chemicals, Innospec Inc., Lonza Group Ltd, Kunshan Shuangyou |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
