MarketsandMarkets has released 360 Quadrant for Top 20 Personal Care Ingredients Companies , Worldwide 2023 to help businesses make quicker and more informed decisions. Companies' market presence and product footprint are used to build quadrants, which will be revised annually. At a projected CAGR of 4.0% between 2022 and 2027, the market for ingredients used in personal care products will grow from an estimated USD 11,796.0 million in 2021 to USD 14,897.0 million by 2027. The rising population in developing nations like China, India, Indonesia, Malaysia, Brazil, and South Africa is the main factor driving the growth of the personal care ingredients market. Because customers are becoming more conscious of their personal cleanliness and health, there is a rising demand for components used in personal care products. The rising demand for compounds including antiaging agents, exfoliators, ultraviolet (UV) agents, moisturizers, antioxidants, and antimicrobials is another factor...
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