Product Code: ETC326724 | Publication Date: Aug 2023 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The India glycerine market import shipment exhibited robust growth with a CAGR of 12.6% from 2020 to 2024. However, there was a slight slowdown in growth between 2023 and 2024 with a decrease of -1.4%. Overall, the market expanded significantly, showcasing strong momentum despite a minor dip in the final year.
The India glycerine market is witnessing significant growth as the cosmetics, personal care, and pharmaceutical industries utilize this versatile ingredient in various products. This market`s outlook is driven by factors such as the increasing demand for glycerine in skincare, oral care, and medicinal formulations, the growth of the cosmetics and pharmaceutical sectors, and the adoption of glycerine for its moisturizing and emollient properties. Additionally, the development of sustainable and plant-based glycerine sources and the rising focus on clean beauty and natural ingredients are further contributing to market growth. Overall, the India glycerine market is expected to experience favorable growth in the coming years.
The India glycerine market is experiencing growth as industries utilize this versatile compound in various applications. This market`s outlook is driven by factors such as the increasing demand for glycerine in pharmaceuticals, cosmetics, and food and beverage products, the growth of the personal care and healthcare sectors, and the adoption of glycerine for its moisturizing and emollient properties. Additionally, the development of bio-based and sustainable glycerine sources and the rising focus on natural and clean beauty formulations are further contributing to market growth. One of the key drivers of the India glycerine market is the growing demand for glycerine in the production of hand sanitizers and personal care products, which has surged due to the COVID-19 pandemic.
The India glycerine market is experiencing growth as industries utilize this versatile compound in various applications, including cosmetics, pharmaceuticals, and food products. This market`s outlook is driven by factors such as the increasing demand for glycerine in personal care and beauty products, pharmaceutical formulations, and food additives, the growth of the FMCG and healthcare sectors, and the adoption of glycerine for its moisturizing and solubilizing properties. However, the fluctuating prices of raw materials and the presence of synthetic alternatives pose a challenge for market players to maintain cost competitiveness and product quality.
The India glycerine market is experiencing growth as the chemical, personal care, and pharmaceutical industries utilize this versatile compound for various applications. This market`s outlook is driven by factors such as the increasing demand for glycerine in cosmetics, pharmaceuticals, and food products, the growth of the specialty chemicals and FMCG sectors, and the adoption of glycerine for its moisturizing and humectant properties. Additionally, the development of bio-based and sustainable glycerine and the rising focus on clean and green personal care ingredients are further contributing to market growth. The market faced some impact during the COVID-19 pandemic due to changes in consumer behavior and disruptions in industrial activities. However, with the rebound in economic activities and increased demand for personal care and healthcare products, the market is expected to recover in the post-pandemic period.
The India glycerine market is witnessing significant growth as various industries utilize this versatile compound in various applications. This market`s outlook is driven by factors such as the increasing demand for glycerine in food and beverage, pharmaceutical, and personal care products, the growth of the specialty chemicals and FMCG sectors, and the adoption of glycerine for its moisturizing and emollient properties. Additionally, the development of bio-based and natural glycerine and the rising focus on sustainable and eco-friendly ingredients are further contributing to market growth. Some of the key players in the India glycerine market include GlycerTech Industries, PharmaGlycol Solutions, and BeautyPlus Extracts.