Press Release

India Personal Care Ingredients Market to Grow with a CAGR of 4.25% through 2029

Growth in research and development activities is expected to drive the India Personal Care Ingredients Market growth in the forecast period, 2025-2029.


According to TechSci Research report, “India Personal Care Ingredients Market- By Region, Competition, Forecast and Opportunities, 2019-2029”, the India Personal Care Ingredients Market stood at USD873.82 million in 2023 and is anticipated to grow with a CAGR of 4.25% in the forecast period, 2024-2029. Initiatives taken by government based on personal care ingredients has led to favorable market conditions for the India Personal Care Ingredients Market. Several factors contribute to the growth of various personal care ingredients

The government has undertaken deep structural and sustained reforms to strengthen the healthcare sector, focusing not only on the medical aspects but also on the personal care segment. In line with this, a range of conducive policies has been announced to attract investments and promote growth in the personal care industry.

Furthermore, the Indian government has taken proactive measures to promote Ayurveda, which is deeply rooted in the country's traditional systems of medicine. This strategic move not only aims to preserve and promote the ancient wisdom of Ayurveda but also has significant implications for the personal care ingredients market. With the increasing popularity of Ayurvedic preparations, there is a growing demand for natural and herbal ingredients, which are commonly used in Ayurvedic formulations. This presents a unique opportunity for the personal care industry to tap into the rich heritage of Ayurveda and cater to the rising consumer preference for natural and holistic products.


Browse over XX market data Figures spread through XX Pages and an in-depth TOC on "India Personal Care Ingredients Market


The impact of Research and Development (R&D) on the growth of the Personal Care Ingredients Market in India is not just substantial, but also transformative. With a focus on understanding the unique needs and preferences of Indian consumers, companies are investing heavily in R&D to develop cutting-edge ingredients and formulations. This relentless pursuit of innovation has resulted in the introduction of a wide range of exciting and novel products in recent years, fueling the remarkable growth of the market. From advanced skincare formulations to eco-friendly haircare solutions, the continuous research and development efforts are shaping the personal care industry in India, delivering products that cater to the diverse demands of the Indian consumer base.

The India Personal Care Ingredients Market is segmented into type, application, regional distribution, and company.

Based on its type, the emollients segment held the largest market share in the forecast period. In today's personal care ingredient industry, synthetic ingredients have long been the dominant choice. However, there is an emerging trend that showcases a shift towards natural and organic ingredients. This shift is not limited to just the personal care industry but is also prominently seen in the emollients market. Consumers, now more than ever, are gravitating towards products that embrace natural emollients like nourishing plant oils and rich butters. This preference for natural emollients reflects a growing awareness and desire for skincare products that are not only effective but also aligned with sustainable and eco-friendly practices. By incorporating these natural emollients, manufacturers can cater to the evolving needs and preferences of today's conscious consumers, providing them with products that promote both beauty and well-being.

Based on region, West India segment is expected to grow during the forecast period. 

In recent years, West India, with cities like Mumbai and Pune at its forefront, has witnessed a remarkable surge in the beauty and personal care start-up scene. These dynamic companies have been quick to capitalize on the ever-evolving consumer preferences by offering a wide range of innovative and high-quality products. This trend has not only fueled the demand for premium personal care ingredients but has also created a vibrant ecosystem of entrepreneurship and innovation in the region.


Major companies operating in India Personal Care Ingredients Market are:

  • BASF India Limited
  • Croda India Pvt. Ltd.
  • Galaxy Surfactant Limited
  • Clariant Chemical India Limited
  • Merck Limited
  • Ashland India Pvt. Ltd.


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“Growing application of personal care ingredients in various end user industries are key drivers of the personal care ingredients market. Growth in competitive landscape and presence of well-established companies in the market who are dedicated to enhance their productivity of personal care ingredients with every passing year are anticipated to register an impressive growth to India Personal Care Ingredients Market in the forecast period.,” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based management consulting firm.

“India Personal Care Ingredients Market By Type (Surfactants, Conditioning Polymers, Rheology Control Agents, Emollients, Emulsifiers, Others), By Application (Toiletries, Skin Care, Hair Care, Others), By Region, By Competition Forecast & Opportunities, 2019-2029”, has evaluated the future growth potential of India Personal Care Ingredients Market and provides statistics & information on market size, structure, and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in India Personal Care Ingredients Market.



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