DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Personal Care Encapsulation Materials Market by Material Type, Proteins, Lipids, Synthetic Polymers and Application - Korea Opportunity Analysis and Industry Forecast, 2017-2023" report to their offering.
The Korea Personal Care Encapsulation Materials 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.
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.
- Sumitomo Corporation
- Biogenoci Co. Ltd.
- Korea Particle Technology Inc. (K.P.T)
- Chongqing Pellets Techniques (Pellets)
Key Topics Covered:
CHAPTER 1. INTRODUCTION
CHAPTER 2. EXECUTIVE SUMMARY
CHAPTER 3. MARKET OVERVIEW
CHAPTER 4. KOREA PERSONAL CARE ENCAPSULATION MATERIALS MARKET, BY MATERIAL TYPE
CHAPTER 5. KOREA PERSONAL CARE ENCAPSULATION MATERIALS MARKET, BY APPLICATION
CHAPTER 6. COMPANY PROFILES
For more information about this report visit http://www.researchandmarkets.com/research/s4f63s/personal_care