Globally, the demand for personal care products have grown substantially as it portrays one’s internal and external growth. With changing trends, lifestyle, and working systems has changed the focus on individuals health, thus, the global market for delivery system in personal care is projected to grow significantly in coming years. The rising application of delivery system, active ingredients are aimed for specified areas of skin organ, which improves performance of cosmetic products by stabilization of active ingredients on skin surface. In addition, rising prevalence of various skin diseases due to stress, longer exposure to UV rays, and other similar reasons are created a high demand for this market. Attributing to the above-mentioned factors the global delivery systems in personal care market is projected to grow progressively over the forecast period from 2018 to 2026.
The global delivery systems in personal care market is categorized on the basis of application, usage, and types of delivery systems. Based on the various types of delivery systems the market is segmented into liposome and other phospholipids-based delivery systems, Microcapsules-based delivery systems, Emulsion-based delivery systems, Substrate-based delivery systems, Millicapsules-based delivery systems, Activated delivery systems, and Others.
The report gives the in-depth evaluation of the global delivery systems in personal care market by elaborating on market competition, segments, and other market dynamics. The report also throws lights on how and to what degree he market is expected to shape in forthcoming years.
Nowadays demand for skin care cosmetics have increased largely due to increasing exposure to harmful UV rays that badly affects the skin and causes various skin problems. In addition, stressful lifestyle, rising pollution, and improper diet are also considered factors leading to various skin problems. Considering the aforementioned factors that have grown the demand for personal care products are also expected to drive the demand for delivery systems in personal care market. Globally, the demand for personal care products have increased and has created high growth opportunities for various manufacturers that are making efforts to come up with different variety of products for different types of skin type. Therefore, in the next few years the demand for the delivery systems in personal care is projected to increase significantly.
In terms of revenue, Europe is projected to lead the global delivery systems in personal care market owing to the increasing aging population. In addition to that, rising awareness regarding the application of therapeutics of delivery system boosting the demand for delivery system in personal care. On the other hand, North America is also considered as one of the prominent markets due to high availability of advanced personal care products and growing aging population in the region that may further benefit the market in near future. Among the developing regions, Asia Pacific is expected to escalate the delivery systems in personal care market, as people in the region are becoming more cautious about the various skin diseases and local allergies. Rising geriatric population and growing disposable income are some of the other factors that help in expanding this market in Asia Pacific.
The global delivery systems in personal care market marks the presence of leading players such as BASF SE, Air Products and Chemicals, Inc., Salvona Technologies Inc., Mineral Technologies Inc. Croda International Plc, and Lipotec SAU.