Most personal care products with skin whitening ingredients available in the market for unalterable skin lightening are formulated with synthetic ingredients. The global whitening ingredients market is primarily driven by increasing expectations to possess a lightened, blemish free and radiant skin tone. Moreover, consumers in the Western countries are aware of the effectiveness of ingredients formulated in personal care products; hence, products with added features are expected to boost growth of the market. Consumers are now more health and environment conscious, and products with all-natural ingredients are supposed to be more effective; hence, more growth is expected from natural specialty ingredients. In addition, innovations in formulating products with different types of plant extracts with added features are expected to drive the market growth. Furthermore, robust growth of retail products is anticipated to drive future market potential. The growth of plant extracts and developing opportunities in the West are projected to drive the market. Additionally, the quest to improve efficiency through research and development is expected to continue to meet the consumers’ need. 

Healthy skin radiance and glow can be maintained by choosing herbal, plant extracts and various other natural ingredients. In developed markets such as Western Europe and North America, consumers prefer premium products, and this preference drives the growth of the natural whitening ingredients market. Furthermore, Consumers' higher earning potential helps to provide additional revenue for expenses on premium products such as face cream and face masks among others. Phenolic-based ingredients are expected to hold major market share as a result of increasing and stable demand from the Asia-Pacific region. Moreover, phenolic compounds are the ingredients predominantly used in skin whitening personal care products as they are cheaper in cost and are easily absorbed into the skin. Non-phenolic compounds used in personal care products are arbutin, kojic acid, vitamin E, vitamin C, and niacinamide. 

Global whitening ingredients market is segmented into chemistry type, end-product type and geography. Different types of ingredients are used in formulating personal care products, and each ingredient is functionally unique in action. The ingredients are majorly applied target skin whitening, skin lightening, and improved skin radiance Whitening ingredients are used in personal care products such as creams, lotions, gels, serums, face masks, bathing bar soaps, and bathing liquids. On the basis of end product type, the whitening ingredients market is bifurcated into skin whitening, teeth whitening among others. 

Asia Pacific is the largest market for whitening ingredients and products, followed by Europe and North America. China is expected to experience highest growth rate in the coming years. Rising disposable income of middle class people and increasing consumer awareness towards ingredients in developing countries such as India, China is boosting the demand of personal care products with whitening ingredients market worldwide. Moreover growing inspiration to charming and look young among aging population of western countries is keeping the growth rate steady in North American and Europe market. Huge demand from regional markets such as India, China, the Middle East and Brazil are expected to drive the total demand for whitening ingredients over the forecast period. Huge investments towards research, innovation and technology have resulted in development of many new whitening ingredient based personnel care product in recent years. 

Some of the key players operating in the whitening ingredients market are Beiersdorf AG (Germany), E. T. Browne Drug Company, Inc. (U.S.), Dabur India Limited (India), Company Limited (Japan), Clarins SA (France), CavinKare Pvt. Ltd. (India), Elder Health Care Ltd. (India), Jolen, Inc. (U.S.), Hindustan Unilever Ltd (India), Emami Limited (India), Kao Corporation (Japan), Shiseido Kanebo Cosmetics, Inc. (Japan), and the Procter & Gamble Company (U.S.) among others.

This research report analyzes this market on the basis of its market segments, major geographies, and current market trends. Geographies analyzed under this research report include

  • North America
  • Asia Pacific
  • Europe
  • Middle East and Africa
  • Latin America

This report provides comprehensive analysis of

  • Market growth drivers
  • Factors limiting market growth
  • Current market trends
  • Market structure
  • Market projections for upcoming years

This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis.

Reasons for Buying this Report

  • This report provides pin-point analysis for changing competitive dynamics
  • It provides a forward looking perspective on different factors driving or restraining market growth
  • It provides a six-year forecast assessed on the basis of how the market is predicted to grow
  • It helps in understanding the key product segments and their future
  • It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
  • It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments
  • It provides distinctive graphics and exemplified SWOT analysis of major market segments

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

Custom Market Research Services

TMR offers custom market research services that help clients to get information on their business scenario required where syndicated solutions are not enough.

REQUEST CUSTOMIZATION

Whitening Ingredients Market

Pre Book