Conditioning Agent Market
Conditioning Agent Market (Product Type - Skin Conditioning Agents, Hair Conditioning Agents, Fabric Conditioning Agents; Application - Creams & Lotions, Body Wash, Face Wash, Shampoo, Hair Conditioners, Hair Serum & Gels, Fabric Conditioners, Other Applications; Price Range - Economic, Medium, Premium) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2026
Press Release :
Conditioning agents constitute of lubricating compounds and various oils. It is often used to improve the quality and texture of another material.
Application of conditioning agents provide soft better feel and aesthetic to hair or skin. Some of the commonly available conditioning agents are hair styling gels, serums, facial spray mists, fabric softener, hair spraying gels and conditioners, skin toners, shampoos, and lotions.
Global conditioning agent market is driven by various macro and micro-economic factors. The market is witnessing upsurge in demand from personal care segment. Skin related problems such as bruises, heat burns, and dryness have entailed manufacturers to introduce range of condition agents. To cater varying need of customers, manufacturers are presenting body lotion with deep moisturizing property.
These factors are resulting in expansion of global conditioning market. Furthermore, demand for the conditioning agents is increasing from cosmetic industry. Companies operating in cosmetic companies are adopting conditioning agents to manufacture several cosmetic products.
Surge in demand for wide range of cosmetic products is boosting growth of the global conditioning agent market substantially.
On the basis of product type, hair and skin condition segments are projected to witness dramatic growth rate. The growth rate is attributed to widening approach of customer. Unlike earlier times, the companies are introducing product range for male consumers as well.
In forthcoming years, hair conditioning segment is likely to witness surge in demand, and sales of hair conditioning agents is likely to flourish.
Rising awareness about personal grooming is major factor anticipated to fuel skin conditioning segment. The segment is observing demand, both from personal care and cosmetic industries.
Further, fabric conditioning segment is marking its prominence gradually. The fabric conditioners are environmental friendly in nature and are manufactured using natural substances.
Consumers are increasingly spending on various personal care products including hair care, body care, and skin care products. Increasing instances of skin problems such as sun burns and dryness can lead to bruises and cuts. As the need for preventing the skin from dryness remains high, customers are increasingly looking for various personal care products. In addition, surge in demand for the anti-ageing products will also impact growth of the global conditioning agent market positively. Attributed to various health benefits, demand for conditioning agents will continue to remain high in the cosmetic industry globally. According to Transparency Market Research, the global conditioning agent market is expected to reach a value of nearly 114,256.1 tonnes by the end of 2026. The market is expected to grow at a CAGR of over 6% through 2026.
Demand to Remain High in Personal Care Industry
Growing instances of dryness, sun burns and skin problems among customers has led the manufacturers to develop personal care and body care products that moisturizes the skin. As the need for skin, hair and body moisturizers continue to remain high, sales of the conditioning agents is expected to increase in the personal care industry. Conditioning agents is considered to be an important ingredient for manufacturing range of personal care and body care products attributed to high content of stratum corneum along with skin hydrating features. Surge in demand for the conditioning agents in the personal care industry is expected to positively reflect on growth of the global conditioning agent market during the forecast period.
Hair Care Products Will Continue to Boost Sales
In order to protect, avoid and treat various hair and cellular damages, customers are increasingly looking for hair care products that match with their skin type. As the need for products that helps in treatment of various cellular damages remain high, manufacturers in the personal care industry are increasingly opting for conditioning agents. Conditioning agents protects the hair from damages from the UV rays pollution and excessive heat and blow drying. Growing need for nourishing, moisturizing, and repairing hair damages has led to surge in demand for conditioning agents among the personal care manufacturers globally.
Cosmetic Industry to Impact Global Market Growth Positively
As the need for the production of range of cosmetic products continue to increase globally, manufacturers are focusing on developing cosmetic products that possess moisturizing attributes. Growing preference for cosmetic products that help in removing and treating the free radicals on the skin has further led the manufacturers in the cosmetic industry to witness significant demand globally. Surge in demand for conditioning agent in the cosmetic industry is expected to contribute towards growth of the global market during the forecast period.
Leading market players operating in the global conditioning agent market include Beiersdorf Aktiengesellschaft, Amway Corporation, Church & Dwight Co., Inc., Henkel AG & Co. KGaA, Kao Corporation, Procter & Gamble Co., The Unilever Group, L’Oreal S.A., Avon Products, Inc., and The Estee Lauder Companies Inc. The report offers a detailed analysis on the competitive landscape impacting the market.
Global Conditioning Agent Market: Overview
The global conditioning agent market is expected to witness a significant demand attributed to growing need for production of personal care products. With the growing instances of skin problems such as heat burns, dryness and bruises has led the customers to prefer moisturizing products globally. Extreme weather conditions has led to increasing instances of dryness, which can further lead to bruises and cuts on the skin. As the need for moisturizing the skin for treatment of cuts and bruises continues to increase, demand for the conditioning agents are likely to remain high in the personal care industry. In addition, increasing demand for the personal care products that help in eliminating radicals from the skin has also contributed towards growth of the global market positively.
The report offers in-depth information on the crucial aspects of the global conditioning agent market and provides data on the factors propelling growth of the global market, competition landscape, important segments and growth patterns.
Global Conditioning Agent Market: Dynamics
Growth of the global conditioning agents market is mainly bound by various macro-economic and micro-economic factors. The report states that the global conditioning agents market is expected to witness significant demand attributed to increasing manufacture of the personal care products. Growing number of instances related to skin problems such as dryness, bruises, and heat burns has led the manufacturers to opt for various conditioning agents. Extreme weather conditions have also led to increasing instances of dryness and bruises. In order to cater to the needs of customers with extremely dry skin type, manufacturers are introducing deep moisturizers. Increasing production of skin and hair moisturizers has led to surge in demand for conditioning agents globally. These factors are expected to contribute towards growth of the global market.
In addition, demand for the conditioning agent also continue to remain in the cosmetic industry. As the need for eliminating free radicals from the skin arises, manufacturers in the cosmetic industry are increasingly opting for conditioning agents for manufacturing various cosmetic products. Surge in demand for the cosmetic products is expected to contribute towards growth of the global conditioning agent market significantly.
Global Conditioning Agent Market: Segmentation
In the next section, the global conditioning agent market is segmented on the basis of product type, price range, and application. On the basis of product type, the key segments include skin conditioning agents, hair conditioning agents, and fabric conditioning agents. The price range includes economic, medium, and premium. The segmentation on the basis of application includes creams & lotions, body wash, face wash, shampoo, hair conditioners, hair serums & gels, fabric conditioners, other applications.
Global Conditioning Agent Market: Competition
Key players operating in the global conditioning agent market are Beiersdorf Aktiengesellschaft, Church & Dwight Co., Inc., L’Oreal S.A., Avon Products, Inc., Amway Corporation, Kao Corporation, Procter & Gamble Co., Henkel AG & Co. KGaA, The Unilever Group, and The Estee Lauder Companies Inc.