Loading...
0

Korea Personal Care Encapsulation Materials Market Expected to Reach $59,880 Thousands, by 2023

 
 

quote Encapsulation materials are used to enclose actives to enable better delivery at specific areas of skin. However, fragrance formulators prefer encapsulation of fragrances to enable better delivery of scent. This is anticipated to present new opportunities to manufacturers in Korea. quote

Eswara Prasad
Team Lead, Chemicals & Materials at AMR

Get 20% Free Customization In This Report
Follow us on Social Media:       
 

Korea Personal Care Encapsulation Materials Market Report, published by Allied Market Research, stats that the Korea market was valued at $25,268 thousands in 2016, and is projected to reach $59,880 thousands by 2023, growing at a CAGR of 10.9% from 2018 to 2023. The proteins segment is expected to witness the fastest CAGR during the forecast period.

Access Full Summary at: https://www.alliedmarketresearch.com/korea-personal-care-encapsulation-materials-market

Encapsulation is a technique in which tiny particles are protected by coating them to form small capsules. Encapsulation offers control of deposition of active ingredients. In addition, encapsulating unstable components in a lipid-based micro particle decreases volatility and prolongs protection of the treated skin. The technique is used to isolate components or other materials from potentially stressful conditions that can adversely affect the performance of a product. Encapsulation materials are used in a variety of applications such as food, pharmaceuticals, personal care & cosmetics, textiles, and others.

The Korean personal care encapsulating materials market is driven by high demand for personal care products such as anti-aging creams, shower and bath gels, and color cosmetics. Moreover, high standards of living, and rapid geriatric population have supplemented the demand for organic, natural, and functional cosmetics products. This upward trend is anticipated to continue during the forecast period, which is expected to boost the personal care encapsulating materials market in Korea. The export of cosmetics from Korea has grown in the recent years. High demand for personal care and cosmetics from international markets is expected to fuel the demand for encapsulation materials in Korea.

Polysaccharides segment is expected to maintain its dominance in the Korea market during the forecast period. The lipids segment is anticipated to grow at the highest CAGR during the forecast period. Based on application, the color cosmetics and wrinkle creams segments are expected to contribute the maximum shares in the Korea personal care encapsulation materials market

Key Findings of the Korea Personal Care Encapsulation Materials Market:

  • In terms of value, the lipids segment is expected to grow at a CAGR of 11.8% during the forecast period.
  • The color cosmetics and wrinkle creams application segments are expected to account for more than half of the total market by 2023.
  • The chitosan segment is projected to register a CAGR of 9.1% in terms of value during the forecast period.
  • The soy proteins and paraffin segments are expected to grow CAGRs of 12.0% and 12.4%, respectively, in terms of value during the forecast period.

The major companies profiled in the report include Sumitomo Corporation, Biogenoci Co. Ltd., and Durae Corporation. Persperse Corporation is a key supplier of encapsulation materials in Korea. Sumitomo Corporation acquired Persperse Corporation as a part of its strategy to expand its presence in Korea.

Need More Information

pr-det-talk Talk to David (Europe)

pr-det-talk Talk to Sona Padman (Americas)

5933 NE Win Sivers Drive #205,
Portland, OR 97220 United States

pr-det-phone Toll Free: +1-800-792-5285

pr-det-phone UK: +44-845-528-1300

pr-det-phone Hong Kong: +852-301-84916

pr-det-phone India (Pune): +91 2066346060

pr-det-phone Fax: +1(855) 550-5975

pr-det-phone help@alliedmarketresearch.com

 

For Media Inquiries, Please Contact

Shaun Godinho
Communications Officer
Allied Market Research
Contact Toll Free: +1-800-792-5285
Drop us an email at
media@alliedmarketresearch.com

 
 

First time buyer?
Check offers and discount on this report
To get this report

 
Click Here
 
 

quote Korea Personal Care Encapsulation Materials Market by Material Type (Polysaccharides (Gums, Starches, Celluloses, Cyclodextrines, Chitosan), Proteins (Gelatin, Casein, Soy Proteins), Lipids (Waxes, Paraffin, Oils), Synthetic Polymers (Acrylic Polymers, Polyvinyl Alcohol, Poly(vinylpyrrolidone)), and Application (Shower and Bath Gels, Color Cosmetics, Wrinkle Creams, Soaps, Aromatherapy Products) - Opportunity Analysis and Industry Forecast, 2017-2023 quote

View Report
 
 

Why Allied Market Research?

 

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

Targeted Market View

Targeted market view to provide pertinent information and save time of readers

 

Featured Readings

 
 

Get Fresh content delivered

Get insights on topics that matter to your business. Stay updated on the area that interests you.

 
Get Industry Data Alerts
 

Buy Full Version
"Korea Personal Care Encapsulation Materials Market"
Purchase Enquiry