Rising Personal Care Industry to Set Stage for Mattifiers in Future, Predicts Fact.MR

According to Fact.MR’s most recent study on the worldwide mattifiers market, the industry is expected to be valued US$ 365.3 million in 2023 and to grow at a CAGR of 5.5% between 2023 and 2033.

The demand for mattifiers is increasing as personal care and skin care product sales rise. Because of increased worries about skin disorders, the global consumption of face care and hair care products is expanding. People are also becoming more concerned of their skin and health, and they are purchasing more face care items and cosmetics.

Personal care and cosmetics is the world’s largest business, and mattifiers are an important component of many personal care products, allowing them to aid in oil absorption, keep the skin looking oil-free, and reduce the visibility of pores. They are commonly found in cosmetics, skin care, and hair care products. Increasing demand for environmentally friendly products has driven the development of bio-based materials during the last few decades. Because of its durability and versatility, bio-based mattifiers are becoming increasingly popular around the world.

Download a Free Sample Copy of this Report –  https://www.factmr.com/connectus/sample?flag=S&rep_id=8098

Key Takeaways from Market Study

• The global mattifiers market is projected to grow 1.5X and reach US$ 581 million by 2033.
• The market witnessed 3.1% CAGR between 2018 and 2022.
• Under product type, synthetic mattifiers dominate the market with a share of 54.7% in 2023.
• North America leads the global market with 24.8% share in 2023.
• Demand for mattifiers is expected to increase at a CAGR of 4.7% in North America.

Segmentation of Mattifiers Industry Research

• By Product Type:
  • Synthetic
  • Natural
• By Particle Size:
  • < 25 µm
  • < 50 µm
• By Form:
  • Powder
  • Gel
• By Application:
  • Skin Care
  • Hair Care
  • Oral care
  • Cosmetics
  • Others
• By Region:
  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia and Oceania
  • Middle East & Africa

Explore Our Safe & Secure Payment Options for Quick Buy –  https://www.factmr.com/checkout/8098

Market Development

The future strategy for market participants in the mattifiers market should be to focus on the growing demand for natural mattifiers that are eco-friendly and bio-based.

• In July 2022, BASF launched the “Verdessence RiceTouch” ingredient, which is derived from rice. It has the ability to absorb oils, which makes the agent ideal for controlling shine and giving a mattifying effect to the skin. It is a 100% bio-based mattifier and provides a natural alternative to synthetic mattifiers in personal care product formulations.

Key Companies Profiled

• BASF SE
• Imerys
• Dow
• DAITO KASEI KOGYO CO., LTD.
• Evonik
• Forecast Chemicals

Xherald

Xherald is passionate about offering extensive coverage of global business news. Dedicated to creating every participant's notification, it reaches its own reader. Daily our experts offer fresh relevant information regarding what is actually occurring in Markets as well as Business. Our headlines are actually swiftly paced and extensive. Our distributor directory connects you with brand new products or services and its market situation from the most effective companies around the planet. Xherald is driven by its 500+ contributors coming from around the world. Xherald provides local as well as global market intelligence information coverage in sectors ranging from healthcare, IOT, chemicals and 17 more sectors. Our updates are quickly paced and detailed. The news we present is actually a mix of authentic content, community contributions and curated headlines announcements. All of the updates our company supplies must pass a strict criterion of genuineness, relevance and significance to our readers.