Emollients Global Market Report 2024

Emollients are cosmetic preparations applied directly to the skin for moisturizing treatment, reducing transepidermal water loss by forming an occlusive oil film on the stratum corneum.

Emollients come in various types, including esters, fatty alcohols, fatty acids, ethers, silicones, and others. Esters are chemical compounds that undergo reactions with water, producing organic acids, inorganic acids, and alcohols. These versatile compounds are found in both solid and liquid forms, extensively utilized in applications such as skincare, haircare, deodorants, oral care, and more. Emollients play a crucial role in the cosmetics, toiletries, oral care, and other related industries.

The emollients market research report is one of a series of new reports from The Business Research Company that provides emollients market statistics, including emollients industry global market size, regional shares, competitors with an emollients market share, detailed emollients market segments, market trends, and opportunities, and any further data you may need to thrive in the emollients industry. This emollient market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The emollients market size has grown strongly in recent years. It will grow from $1.51 billion in 2023 to $1.59 billion in 2024 at a compound annual growth rate (CAGR) of 5.2%. The growth observed in the historical period can be attributed to the growth of the skin care industry, the demand for personal care products, cosmetic and beauty trends, the rise of natural and organic products, and the aging population's demand for anti-aging products.

The emollients market size is expected to see strong growth in the next few years. It will grow to $1.96 billion in 2028 at a compound annual growth rate (CAGR) of 5.3%. The anticipated growth in the forecast period can be attributed to the rising awareness of skin health, customization in beauty products, innovation in sustainable and ethical products, the emergence of indie beauty brands, and the expansion of the men's grooming market. Major trends in the forecast period include technological advancements in ingredient science, digital influence on beauty trends, the rise in natural and organic emollients, emphasis on sustainability and green chemistry, and growing demand in personal care products.

The emollient market is poised for growth, fueled by the rising demand for personal care products. Personal care products encompass items used for personal grooming and maintaining hygiene. Emollients, crucial ingredients in these products, work to alleviate skin irritation and dryness. They find application in various skincare and personal care products, offering moisturizing effects, smoothing fine lines and wrinkles, addressing photodamage, and reducing signs of aging. For example, in March 2023, the consumer price index for personal care products in major cities of the USA, as reported by the Federal Reserve Economic Data, saw a growth from $160.22 in January 2022 to $171.53 in February 2023, marking a 6.59% increase. This data underscores the escalating demand for personal care products, thereby propelling the growth of the emollient market in the foreseeable future.

The emollient market is anticipated to experience growth driven by the increasing burden of dermatological diseases. Dermatological diseases encompass a diverse range of medical conditions affecting the skin. Emollients play a crucial role in addressing these conditions by alleviating dryness, soothing irritated skin, and enhancing the skin's barrier function. These formulations provide moisturization, alleviate symptoms, and contribute to improving the overall condition of the skin in various dermatological conditions such as eczema, psoriasis, and other dry skin disorders. As an illustration, in October 2022, as reported by the British Broadcasting Corporation, Lumpy Skin Disease affected more than 2.4 million animals in India, resulting in the death of over 110,000 cattle. This underscores the significance of addressing dermatological conditions not only in human medicine but also in veterinary dermatology. The escalating burden of dermatological diseases, including those affecting animals, is a driving force behind the growth of the emollient market.

Product innovation is emerging as a prominent trend in the emollient market, with major companies actively embracing new technologies to maintain their market standing. An example of this trend is evident in the actions of Biosynthetic Technologies LLC, a US-based biobased synthetic compound manufacturing company. In April 2022, the company introduced BioEstolide 250-100, an innovative high-performance biobased emollient specifically designed for cosmetic and personal care applications. This emollient offers moisturization and protection, making it suitable for skincare. Notably, BioEstolide 250-100 sets itself apart by being applicable for hair care as well, forming a barrier to shield against heat, retain moisture, and enhance the overall health and appearance of hair. Moreover, it has demonstrated its credentials as an ethical, sustainable, and natural alternative to silicone. This example illustrates how product innovation is driving advancements in emollient technology within the market.

Major players in the emollients market are concentrating on introducing innovative products, such as SonneNatural NXG, to enhance the formulation of lip care and personal care items. SonneNatural NXG, a plant-based emollient specifically crafted for use in personal care products, stands out as an example of such innovation. This emollient, characterized by a firm texture, minimizes the necessity for thickeners or waxes in formulations. It provides a non-greasy application, outstanding moisture retention, and a luxurious afterfeel. As an illustration, in November 2022, Sonneborn, LLC, a U.S.-based manufacturer specializing in high-purity specialty products, unveiled SonneNatural NXG. This plant-based emollient is designed to facilitate sustained moisturization while offering low odor and stability. Positioned as a high-quality, plant-based alternative for formulators in the personal care industry, especially for products such as lip balms, lipsticks, body lotions, and facial scrubs, SonneNatural NXG addresses the increasing demand for sustainable and plant-based solutions. The product is part of Sonneborn's natural plant-based emollients portfolio and is available as a palm-free variant, holding vegan certification, thereby making it suitable for a diverse range of personal care applications.

In January 2022, Galderma S.A., a pharmaceutical company based in Switzerland, acquired ALASTIN Skincare, Inc. The financial details of the acquisition were undisclosed. This strategic move aims to bolster Galderma's product portfolio and expertise in science-based skincare. The acquisition positions Galderma as a prominent player in the global skincare market, particularly in the field of dermatology. ALASTIN Skincare, based in the US, is known for its specialization in developing and manufacturing physician-dispensed skincare products tailored for aesthetics and dermatology professionals.

Major companies operating in the emollients market report are Cargill Incorporated, BASF SE, The Dow Chemical Company, Peter Cremer North America LP, Stephenson Group Ltd., Evonik Industries AG, Sasol Limited, Solvay SA, Kao Corporation, Croda International PLC, Univar Solutions Inc., Eastman Chemical Company, The Lubrizol Corporation, Lonza Group Ltd., Clariant AG, Stepan Company, Ashland Inc., Innospec Inc., Elementis PLC, Emery Oleochemicals LLC, Sonneborn LLC, Pilot Chemical Corp., Oleon NV, Vantage Specialty Chemicals, Bio-Botanica Inc., Village Vitamin Food Company LLC, Hallstar, Jarchem Industries Inc., Colonial Chemical Inc., Lipo Chemicals Inc.

North America was the largest region in the emollient market in 2023. Asia-Pacific is expected to be the fastest-growing region in the global emollients market report during the forecast period. The regions covered in the emollients market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the emollients market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The emollient market consists of sales of creams, ointments, bath additives, soap substitutes, and cosmetic products. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Emollients Global Market Report 2024 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on emollients market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

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Where is the largest and fastest growing market for emollients ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The emollients market global report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

• The market characteristics section of the report defines and explains the market.
• The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
• The forecasts are made after considering the major factors currently impacting the market. These include:

The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.

The impact of higher inflation in many countries and the resulting spike in interest rates.

The continued but declining impact of covid 19 on supply chains and consumption patterns.

• Market segmentations break down the market into sub markets.
• The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
• The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
• The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

Scope

Markets Covered:

• 1) By Type: Esters; Fatty Alcohols; Fatty Acids; Ethers; Silicones; Other Types
• 2) By Form: Solid; Liquid
• 3) By Application: Skin Care; Hair Care; Deodorants; Oral Care; Other Applications
• 4) By End User: Cosmetics Industries; Toiletries Industries; Oral Care Industries; Other End-Users
• Companies Mentioned: Cargill Incorporated; BASF SE; The Dow Chemical Company; Peter Cremer North America LP; Stephenson Group Ltd.
• Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
• Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
• Time series: Five years historic and ten years forecast.
• Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
• Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
• Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
• Delivery format: PDF, Word and Excel Data Dashboard.