| Product Code: ETC5668580 | Publication Date: Nov 2023 | Updated Date: Sep 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The Glycolic Acid market in Bhutan is growing due to the increasing use of this alpha hydroxy acid in cosmetics and personal care products. Glycolic acid is valued for its exfoliating properties and effectiveness in treating various skin conditions. The market is driven by the rising popularity of anti-aging and skincare products, advancements in cosmetic formulations, and growing consumer awareness of skincare benefits.
The Bhutan glycolic acid market benefits from its applications in the cosmetic and pharmaceutical industries. Glycolic acid is widely used in skincare products for its exfoliating and anti-aging properties. The growing awareness of skincare and personal grooming, along with the increasing use of glycolic acid in medical treatments, drives the market`s growth in Bhutan.
The glycolic acid market in Bhutan encounters several challenges, including high production costs and limited local manufacturing capabilities. Glycolic acid, used in cosmetics and industrial applications, requires specialized production technology that is currently lacking in Bhutan. The market relies heavily on imports, which increases costs and limits availability. Furthermore, there is limited awareness about the benefits and diverse applications of glycolic acid among local industries, which can affect market growth and development.
In Bhutan, government policies support the glycolic acid market by promoting the use of glycolic acid in cosmetic and industrial applications. Policies focus on ensuring product safety and supporting advancements in glycolic acid technologies.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Bhutan Glycolic Acid Market Overview |
3.1 Bhutan Country Macro Economic Indicators |
3.2 Bhutan Glycolic Acid Market Revenues & Volume, 2021 & 2031F |
3.3 Bhutan Glycolic Acid Market - Industry Life Cycle |
3.4 Bhutan Glycolic Acid Market - Porter's Five Forces |
3.5 Bhutan Glycolic Acid Market Revenues & Volume Share, By Grade, 2021 & 2031F |
3.6 Bhutan Glycolic Acid Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Bhutan Glycolic Acid Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for skincare and cosmetic products in Bhutan |
4.2.2 Growing awareness about the benefits of glycolic acid for skin rejuvenation |
4.2.3 Rise in disposable income leading to higher spending on personal care products |
4.3 Market Restraints |
4.3.1 Limited availability of raw materials for glycolic acid production in Bhutan |
4.3.2 High cost associated with importing glycolic acid products |
4.3.3 Lack of regulatory framework specific to glycolic acid in the Bhutanese market |
5 Bhutan Glycolic Acid Market Trends |
6 Bhutan Glycolic Acid Market Segmentations |
6.1 Bhutan Glycolic Acid Market, By Grade |
6.1.1 Overview and Analysis |
6.1.2 Bhutan Glycolic Acid Market Revenues & Volume, By Cosmetic, 2021-2031F |
6.1.3 Bhutan Glycolic Acid Market Revenues & Volume, By Technical, 2021-2031F |
6.2 Bhutan Glycolic Acid Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Bhutan Glycolic Acid Market Revenues & Volume, By Personal Care & Dermatology, 2021-2031F |
6.2.3 Bhutan Glycolic Acid Market Revenues & Volume, By Industrial, 2021-2031F |
6.2.4 Bhutan Glycolic Acid Market Revenues & Volume, By Household, 2021-2031F |
7 Bhutan Glycolic Acid Market Import-Export Trade Statistics |
7.1 Bhutan Glycolic Acid Market Export to Major Countries |
7.2 Bhutan Glycolic Acid Market Imports from Major Countries |
8 Bhutan Glycolic Acid Market Key Performance Indicators |
8.1 Number of new skincare and cosmetic products containing glycolic acid launched in Bhutan |
8.2 Growth in the number of beauty clinics offering glycolic acid treatments |
8.3 Increase in the number of online searches for glycolic acid products in Bhutan |
9 Bhutan Glycolic Acid Market - Opportunity Assessment |
9.1 Bhutan Glycolic Acid Market Opportunity Assessment, By Grade, 2021 & 2031F |
9.2 Bhutan Glycolic Acid Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Bhutan Glycolic Acid Market - Competitive Landscape |
10.1 Bhutan Glycolic Acid Market Revenue Share, By Companies, 2024 |
10.2 Bhutan Glycolic Acid Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |