San Francisco, California, Sept 11, 2018: TMR Research has recently added a report to its vast repository, titled, “Organic Personal Care Ingredients Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018–2028.” After a careful study of the market from every possible angle, the report finds that it would rise steadily in the next couple of years.
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Several factors are working hand in hand to provide tailwinds to the global organic personal care ingredients market. Those include rising disposable incomes of people worldwide, their growing awareness about organic products minus the use of chemical additives, and their desire to look good and fresh at all times. This has spawned huge opportunity for organic cosmetic and personal care products. Realizing the prospects, numerous players have forayed into the area, thereby boosting demand in the global organic personal care ingredients market.
As awareness grows among users, nimble players are pulling out all stops to launch better products with the “green” label that is both good for personal use and also for the planet. Such proliferation of products is further boosting the global organic personal care ingredients market. It is also serving to make the market more competitive.
From a geographical standpoint, North America at present holds a leading share in the global organic personal care ingredients market. Going forward too, the region is predicted to lead the market. This is mainly because of the high degree of knowledge about the benefits of products sans harsh chemicals and ability of consumers to fork out extra amounts on premium products. Presence of numerous players in the region alongside their continued thrust on innovation has had a major positive impact on its organic personal care ingredients market. Meanwhile, going forward Asia Pacific is predicted to lead the market mainly on account of the growing consumerism in China and India.
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Some of the key players operating in the global organic personal care ingredients market are Croda International Plc, Huntsman International LLC, BASF SE, The Lubrizol Corporation, and Cargill, Incorporated.