The growing need for high-performing, cutting-edge ingredients in skincare, haircare, and cosmetic products has been fueling the market for elastomer gel in personal care products.
New York, USA, Dec. 23, 2024 (GLOBE NEWSWIRE) — Market Overview
According to a recent report by Polaris Market Research, the global elastomer gel in personal care market is expected to expand at a compound annual growth rate (CAGR) of 4.1%, growing from USD 160.41 million in 2024 to USD 238.91 million by 2034.
Market Introduction
Elastomer gels are silicone compounds that are used in personal care products to give them a smooth, velvety feel while also improving their color. It is generally safe for most people because it aids in moisturization, hydration, and water resistance. They are used in a wide range of products, including skincare, haircare, color cosmetics, sunscreen, and dental care. Elastomer gels can also help create a protective barrier on the skin and conceal skin imperfections. The growing awareness of elastomer gel has increased demand, resulting in unique properties and adaptability. Consumers are looking for products that provide lavish experiences as well as effective performance, so manufacturers have included them in their offerings
Download Free Sample PDF Copy of the Report:
Key Takeaways from Report
- The market is expected to display a CAGR of 4.1%.
- Elastomer gels are now a common component of high-end personal care formulations due to consumers’ growing desire for products with long-lasting, non-greasy, and lightweight effects.
- The elastomer gel in personal care market is basically segmented based on product type, application type, end-user type, distribution channel, and region.
- In 2024, the global elastomer gel in personal care market was dominated by the sheet form elastomer gel segment.
- Due to a sizable consumer base, growing disposable income, and rising demand for premium personal care products, Asia Pacific dominated the market in 2024.
Elastomer Gel in Personal Care Market Dynamics
Growth Drivers
Growing Interest in Personal Care Items
The elastomer gel in personal care market is being driven by the growing demand for personal care products, as consumers look for formulations that are lightweight, highly effective, and non-greasy. Elastomer gels are perfect for skincare, haircare, and cosmetic products because they provide smooth application, enhanced texture, and long-lasting effects.
Increasing Regulatory Standards for the Development of Elastomer Gels in Personal Care
As they guarantee product safety and quality, regulatory standards are essential to the growth of the elastomer gel in personal care market. Manufacturers are being compelled to use premium elastomer gels that satisfy stricter laws pertaining to sustainability, safety procedures, and ingredient transparency. Demand for elastomer gels that meet legal requirements and are eco-friendly is rising as consumers’ attention shifts to safe ingredients and clean beauty. As a result, these rules safeguard consumers and promote creativity, which results in the creation of cutting-edge and environmentally friendly elastomer gel products.
Request for a Discount on This Report Before Purchase:
Leaders of Elastomer Gel in Personal Care Market
- PMC Group Inc.
- Arkema S.A.
- 3M Company
- Evonik Industries
- Dow Chemical Company
- ShinEtsu Chemical Co., Ltd.
- Momentive Performance Materials Inc.
- PolyOne Corporation
- Ferro Corporation
- BASF SE
- Eastman Chemical Company
Regional Analysis
The study provides insights for elastomer gel in personal care market in North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
Asia Pacific
Asia Pacific completely dominated the market for elastomer gel in personal care in 2024. This is due to the region’s growing beauty and skincare industries, which have expanded in response to shifting consumer preferences for premium and innovative formulations such as anti-aging skin care products and clean beauty products.
North America
The North American elastomer gel in personal care market is expanding rapidly due to rising consumer demand for high-quality, clean beauty products. This growth is fueled by the region’s emphasis on product safety, sustainability, and the use of high-quality ingredients. Furthermore, the region’s well-established infrastructure for research and development, combined with a growing trend toward personalized skincare, is contributing to market growth.
Inquire More About This Report Before Purchase:
Elastomer Gel in Personal Care Market Segmentation
By Product Type Outlook (Revenue, USD Million, Volume, Tons, 2020–2034)
- Sheet Form Elastomer Gels
- Film Form Elastomer Gels
- Extruded Form Elastomer Gels
- Other Sources
By Application Outlook (Revenue, USD Million, Volume, Tons, 2020–2034)
- Skin Care Cosmetics
- Hair Care
- Oral Care
- Other Sources
By End User Outlook (Revenue, USD Million, Volume, Tons, 2020–2034)
- Men
- Women
- Children
- Unisex
By Distribution Channel Outlook (Revenue, USD Million, Volume, Tons, 2020–2034)
- Online Retail
- Department Stores
- Mass Merchandisers
- Salons and Spas
- Other Sources
By Regional Outlook (Revenue, USD Million, Volume, Tons, 2020–2034)
- North America
- US
- Canada
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Netherlands
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Malaysia
- South Korea
- Indonesia
- Australia
- Vietnam
- Rest of Asia Pacific
- Middle East & Africa
- Saudi Arabia
- UAE
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Mexico
- Brazil
- Argentina
- Rest of Latin America
More Trending Latest Reports by Polaris Market Research:
Air Insulated Switchgear Market Size
Analytics as a Service Market Share
Armored Vehicles Market Growth
GLP-1 Analogues Market Forecast
Idiopathic Pulmonary Fibrosis Treatment Market Analysis
Needle Holder Market Opportunities
About Polaris Market Research & Consulting, Inc:
Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for PMR’s clientele spread across different enterprises. We at Polaris are obliged to serve PMR’s diverse customer base present across the industries of healthcare, technology, semiconductors, and chemicals among various other industries present around the world. We strive to provide PMR’s customers with updated information on innovative technologies, high-growth markets, emerging business environments, and the latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced, and extremely qualified team of experts comprising SMEs, analysts, and consultants, we at Polaris endeavor to deliver value-added business solutions to PMR’s customers.
Contact:
Likhil G
8 The Green Ste 19824,
Dover, DE 19901,
United States
Phone: +1-929 297-9727
Email: sales@polarismarketresearch.com
Web: https://www.polarismarketresearch.com
Follow Us: LinkedIn | Twitter
The post Elastomer Gel in Personal Care Market Expected to Grow at 4.1% CAGR To Reach USD 238.91 Million by 2034 | PMR first appeared on CXP – Customer Experience Asia.