Description and products: The Personal Care market or Personal Care Industry is also commonly referred to as the Beauty or Cosmetics or Health and Beauty market. Companies active in this market have a shared objective which is to manufacture or market products that help consumers with personal hygiene, to enhance their health and to improve their personal beauty and provide protection to their bodies.
At IngreCore, when we refer to the Personal Care Market, we refer to all manufacturing and research companies that use Personal Care Ingredients and Chemicals as raw materials in order to manufacture and produce Personal Care products for consumers. We segment the Personal Care Ingredient market in 5 submarkets and each submarket covers multiple Personal Care consumer products which we call Applications. Submarkets are Decorative Cosmetics, Hair Care, Oral Care, Skin Care, Body Care and Perfume. Shampoos and Hair conditioners are examples of applications related to Hair Care. For every application IngreCore offers a broad range of high-quality Personal Care Ingredients and chemicals from natural ingredients, conditioning polymers, Active Ingredients, Preservatives, to commoditized and innovative specialty chemicals.
Personal Care Ingredients can also be segmented on the basis of the functionality they provide in the formulation or production process of the final personal care product being produced. This segmentation is called Product Functions and includes attributes such as Thickening, Conditioning, Moisturizing and other technical capabilities.
Characteristics: The Personal Care market and indirectly the Personal Care Ingredients market remains a dynamic, innovative environment with many trends and countless new products. Marketeers and manufacturers are often seeking new and innovative solutions and ingredients. Consumers, which have become knowledgeable about the products and their impact on the environment and health require new, safe, easy to use and environmentally friendly products such as natural, and vegan-friendly ingredients.
The Personal Care Market has shown a solid global growth over the past few decades and expectations are promising on basis of the main growth indicators of this market including population growth, consumer spending per capita, increased life expectancy and acceptance by specific consumer groups (i.e., Men’s Care).
Trends and solutions: Today’s personal care market is filled with increasing consumer demands for sustainable, organic and natural products that protect skin, hair and body from pollution, the sun, UV rays, blue light and a host of other environmental threats.
At the same time consumers want fewer products, or simpler lives so they prefer to have multiple benefits in a single product. The global pandemic has resulted in demand for self-care products, which help to escape the daily dullness of the lockdowns and which help to give peace of mind. Changes in Fragrance preferences which conjure images of the beach and sun have become more common as well as multi-faceted products that provide not only hand sanitization, but also provide moisture to the hands and a beautiful fragrance that can take the place of regular perfume. Home Hair Color and Salon-style beautifying agents have also soared in recent months.
IngreCore is a global personal care ingredient supplier committed to sustainability and social responsibility, coupled with an aim to meet cosmetic formulators’ needs that will satisfy trends in an increasingly demanding and diversified market. We strive to provide an easily accessible, all-inclusive range of ingredients to cosmetic manufacturers regardless of size or country so that high quality personal care products that meet the growing challenges we face in our world today will be within everyone’s reach.