Product Code: ETC069644 | Publication Date: Jul 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The personal care industry in Thailand has witnessed significant growth in recent years, driven by rising consumer awareness and an increasing focus on personal grooming and appearance. Active ingredients play a crucial role in enhancing the effectiveness of personal care products, such as skincare, haircare, and cosmetics. These ingredients are known for their beneficial properties, ranging from moisturization and anti-aging effects to UV protection and hair strengthening.
Several factors contribute to the growth of the personal care active ingredients market in Thailand. Firstly, the expanding middle-class population with higher disposable income has fueled the demand for premium personal care products that incorporate advanced and specialized ingredients. Secondly, the influence of social media and beauty influencers has created a surge in consumer interest, leading to an upswing in the adoption of innovative and effective products. Additionally, the growing awareness of health and environmental concerns has pushed consumers towards seeking products with natural and sustainable ingredients.
Despite the market`s positive outlook, there are challenges that industry players face. One of the primary hurdles is the strict regulatory environment governing the usage of active ingredients in personal care products. Compliance with safety and quality standards can be demanding and time-consuming for manufacturers. Moreover, the competition in the market is intense, with both local and international companies vying for market share. This landscape poses challenges for new entrants and smaller players looking to establish themselves.
The outbreak of the Covid-19 pandemic had significant implications for the personal care industry in Thailand. During the lockdowns and restrictions, there was a shift in consumer behavior towards basic and essential products, resulting in a temporary decline in the demand for premium personal care items with active ingredients. However, as the situation improved, there was a gradual recovery, with consumers resuming their interest in skincare and other personal care products. The pandemic also accelerated the trend of online shopping, providing new opportunities for market players to reach consumers directly.
Several key players operate in the personal care active ingredients market in Thailand. Local companies such as ABC Chemicals and Thailand Naturals have a strong presence and cater to the domestic demand. At the same time, international giants like BASF, Dow Chemical Company, and Evonik Industries have made significant inroads into the Thailand market, capitalizing on their global expertise and innovative product portfolios. These key players continuously invest in research and development to introduce novel and high-performance ingredients, further driving market growth and meeting consumer expectations.
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 Thailand Personal Care Active Ingredients Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Personal Care Active Ingredients Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Personal Care Active Ingredients Market - Industry Life Cycle |
3.4 Thailand Personal Care Active Ingredients Market - Porter's Five Forces |
3.5 Thailand Personal Care Active Ingredients Market Revenues & Volume Share, By Products, 2021 & 2031F |
3.6 Thailand Personal Care Active Ingredients Market Revenues & Volume Share, By Gender, 2021 & 2031F |
3.7 Thailand Personal Care Active Ingredients Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Thailand Personal Care Active Ingredients Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Thailand Personal Care Active Ingredients Market Trends |
6 Thailand Personal Care Active Ingredients Market, By Types |
6.1 Thailand Personal Care Active Ingredients Market, By Products |
6.1.1 Overview and Analysis |
6.1.2 Thailand Personal Care Active Ingredients Market Revenues & Volume, By Products, 2021-2031F |
6.1.3 Thailand Personal Care Active Ingredients Market Revenues & Volume, By Hair Care, 2021-2031F |
6.1.4 Thailand Personal Care Active Ingredients Market Revenues & Volume, By Skin Care, 2021-2031F |
6.1.5 Thailand Personal Care Active Ingredients Market Revenues & Volume, By Bath and Shower, 2021-2031F |
6.1.6 Thailand Personal Care Active Ingredients Market Revenues & Volume, By Oral Care, 2021-2031F |
6.1.7 Thailand Personal Care Active Ingredients Market Revenues & Volume, By Men??s Grooming, 2021-2031F |
6.1.8 Thailand Personal Care Active Ingredients Market Revenues & Volume, By Other Personal Care Products, 2021-2031F |
6.2 Thailand Personal Care Active Ingredients Market, By Gender |
6.2.1 Overview and Analysis |
6.2.2 Thailand Personal Care Active Ingredients Market Revenues & Volume, By Women, 2021-2031F |
6.2.3 Thailand Personal Care Active Ingredients Market Revenues & Volume, By Men, 2021-2031F |
6.3 Thailand Personal Care Active Ingredients Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Thailand Personal Care Active Ingredients Market Revenues & Volume, By Direct Selling, 2021-2031F |
6.3.3 Thailand Personal Care Active Ingredients Market Revenues & Volume, By Hypermarkets and Retail Chains, 2021-2031F |
6.3.4 Thailand Personal Care Active Ingredients Market Revenues & Volume, By E-Commerce, 2021-2031F |
6.3.5 Thailand Personal Care Active Ingredients Market Revenues & Volume, By Specialty Stores, 2021-2031F |
6.3.6 Thailand Personal Care Active Ingredients Market Revenues & Volume, By Other Distribution Channels, 2021-2031F |
7 Thailand Personal Care Active Ingredients Market Import-Export Trade Statistics |
7.1 Thailand Personal Care Active Ingredients Market Export to Major Countries |
7.2 Thailand Personal Care Active Ingredients Market Imports from Major Countries |
8 Thailand Personal Care Active Ingredients Market Key Performance Indicators |
9 Thailand Personal Care Active Ingredients Market - Opportunity Assessment |
9.1 Thailand Personal Care Active Ingredients Market Opportunity Assessment, By Products, 2021 & 2031F |
9.2 Thailand Personal Care Active Ingredients Market Opportunity Assessment, By Gender, 2021 & 2031F |
9.3 Thailand Personal Care Active Ingredients Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Thailand Personal Care Active Ingredients Market - Competitive Landscape |
10.1 Thailand Personal Care Active Ingredients Market Revenue Share, By Companies, 2024 |
10.2 Thailand Personal Care Active Ingredients Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |