The global organic personal care products market is booming, and that's good news for formulators. What's behind this astounding projected growth?
Drunk Elephants & The Skincare Health Trend The global skincare market is predicted to just keep growing, with a CAGR between 4.7% and 5.3% by 2023. In 2016, the skincare segment of personal care products was worth $130.7 billion USD, and this upward trend will just continue to increase as consumers demand more multi-purpose skincare [...]
Why is Warren Buffett Bullish about Specialty Chemicals? Markets reward pragmatic innovators, and smart investors recognize that. There's no better example than this cover story in IHS Chemical Week, which profiles how Berkshire Hathaway's 2011 acquisition of one company, Lubrizol, for $9.7 billion has powered expansion and diversification that's included a [...]
As Sunscreen Demand Grows, So Does Its Ingredients Market We've previously mentioned how consumers worldwide are showing their desire for stronger sunscreen products, driving a growing global market for higher-SPF protection. Now there's even more research to show the effects that demand is having, and how it will continue into the next decade, by [...]
Anti-Aging? It's Not Just For Humans Anymore Anti-aging products are been burgeoning, even in one area where some people might be surprised they've made headway. Can you guess that market sector, on that's shown this kind of galloping growth over the last decade? 68% of Americans are involved in it as of 2016, up [...]
Taking nothing for granted: a primer for 2010 The conservatively upbeat outlook for this year is tempered by the obvious slowness in other areas of the economy that affect the chemical industry, though the personal care products category has been a bright spot. The overall business declined by 6.2% in 2009, its second drop [...]