Inclining Demand for Multi-functional Ingredients to Strengthen the Market

Personal care ingredient market in India has showcased significant growth during the past few years. The market has been majorly impacted by trends such as developing consumer needs leading to product differentiation, inclining penetration in both urban and rural markets, innovations driven by needs of the market as well as regulatory regimes driving investments in Research and development and increase tie-ups.

Cosmetic formulation manufacturers are always on the look for multi-functional ingredients as their multi-functionally leads to numerous functional benefits. Therefore, the demand for multi-functional ingredients, especially polymer ingredients have gained prominence over the past few years. Ingredients with increased functional benefits and multi-applications are the order of the day, as manufacturers intend to prepare better formulations that provide multiple benefits from the same products. The rising consumer awareness and increasing ease of application has spurred growth in a number of segments and end-user markets. Polymer ingredients find application in wide variety of cosmetic products. Hence, manufacturers push the polymers ingredients with multi-functional benefits. The market for multi-functional polymer ingredient has risen and is anticipated to rise further in future which will bolster the growth of overall Indian personal care ingredients market as it is expected to grow at a CAGR of nearly 13% from 2015-2019.

RNCOS latest research report titled “Booming Indian Personal Care Ingredients Market Outlook 2019” aims to provide a comprehensive analysis of the market. The report covers current and projected performance of the market and its segments. In-depth analysis of active and inactive ingredient markets, their sub segments shall prove beneficial for the players operating/entering in these segments. Besides highlighting the opportunities in the form of industry trends, the study profiles the key players in the industry along with their product portfolio. The supply chain model and regulatory framework have been described in the report. Importantly, the research report also presents the market projections for the personal care market which is the consumer industry for the ingredients. We believe the report shall serve as a business strategy guide for the market entrants/incumbents and strategy formulators.

For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM683.htm

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