USD 72.57 million
European Fragrance Encapsulation Market Size, Share, Growth Analysis, By Method(Physico-mechanical method (spray drying, fluidized bed spray coating, coextrusion, spray chilling and congealing), By Application(Personal care (skincare products, hair care products, deodorants and perfumes, other personal care product) and home care (laundry detergents and fabric conditioners), By Region - Industry Forecast 2024-2031
Report ID:
SQMIR15E2522 |
Region:
Regional |
Published Date: April, 2024
Pages:
184
|Tables:
68
|Figures:
70
European Fragrance Encapsulation Market Insights
European Fragrances Microencapsulation market was valued at USD 72.57 million in 2022 is expected to grow from USD 76.56 million in 2023 to reach a value of USD 117.50 million by the end of 2031, at a CAGR of 5.50% during the forecast period of 2024-2031.
The growth of the European fragrance’s Encapsulation Market is attributed to the increasing demand for home care products. The increasing demand for microencapsulated fragrances due to their wild applications across the home care and personal care industries is also driving this regional market. Besides this, the rapid growth in the cosmetic industry, and rising investment in R&D for improving process efficiency is also projected to augment growth. Adoption of advanced technologies and emerging plastic free encapsulation technology provide significant opportunities for manufacturers in the European fragrances Encapsulation market.
During the pandemic, people across the European countries become more conscious about home and personal care which leads to increasing demand for home and laundry care products. People change their way of washing clothes and use disinfectants for home cleaning. The increasing demand for home care products, increases the demand for fragrance Encapsulation in the manufacture of home products.
European Fragrances Encapsulation Market is poised to grow at a sustainable CAGR for the next forecast year.
Market Snapshot - of 2024-2031
Global Market Size
Largest Segment
physico-mechanical method
Fastest Growth
Physico-chemical method
Growth Rate
5.50% CAGR
European Fragrance Encapsulation Market ($ Mn)
Market Share For Europe Region (%)
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European Fragrance Encapsulation Market Segmental Analysis
The European Fragrances Encapsulation Market is segmented based on method, application, and country. In terms of method, the market is segmented into physico-mechanical method (spray drying, fluidized bed spray coating, coextrusion, spray chilling and congealing, other physico-mechanical method); Physico-chemical method (coacervation or phase separation methods and other physico-chemical methods); chemical method (in-situ polymerization and interfacial polymerization) and other Encapsulation methods. With respect to classification by application, the market is categorized into personal care (skincare products, hair care products, deodorants and perfumes, other personal care products) and home care (house cleaning agents, laundry detergents and fabric conditioners, other home care products). In terms of country, the market is widespread into Germany, France, U.K, Italy, Spain, and the rest of Europe
European Fragrance Encapsulation Market Analysis by Method
Based on method, the market is segmented into physico-mechanical method, physico-chemical method, chemical method and other Encapsulation methods. The physico-mechanical method segment is expected to account for the largest share during the forecast period due to the wide range of benefits offered by these technologies such as high production capacity, high recovery efficiency, cost-effectiveness, and simple process with safety. The spray drying segment in the physico-mechanical method is expected to account for the largest share. The segment provides the following key factors such as processing at low cost, a wide choice of coating material, good encapsulation efficiency, and the possibility of the large-scale production in the continuous period, extra stability of the final product.
European Fragrance Encapsulation Market Analysis by Application
On the basis of classification by application, the market is segmented into personal care, and home care. Among these, the personal care segment is expected to account for the largest share over the forecast period due to changing lifestyles and consumer trends, increasing population and increasing consumer expenditure on personal care & cosmetics. The personal care segment is further divided into hair care products, skincare products, deodorants, and other personal care products. The skin care segment accounted for the largest share due to strong demand for skincare products across Europe. Changing lifestyle, rising awareness about the benefits of skincare products, the demand for products with anti-aging and skin protection properties are the factors which enhance the market growth during the forecast period.
European Fragrance Encapsulation Market By Method
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European Fragrance Encapsulation Market Regional Insights
The European Fragrances Encapsulation Market is segmented into Germany, France, U.K, Italy, Spain, and the rest of Europe. Among these, Germany is expected to account for the largest share in the European fragrance’s Encapsulation Market for home and personal care products followed by France and the U.K. The market growth is attributed to rising innovations in its personal care and cosmetic industry and strong growth in home and personal care.
European Fragrance Encapsulation Market Geography
- Largest
- Fastest
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European Fragrance Encapsulation Market Dynamics
European Fragrance Encapsulation Market Driver
Strong Growth in Cosmetic Industry
- Consumers are more aware about their health and beauty. They are interested in cosmetics which have long-lasting fragrance so the demand for innovative and exotic fragrances is increased. Here Encapsulation plays a vital role. This technology protects active ingredients, masks the unpleasant odors and enables controlled release, making it a critical facilitator of the formulation, storage, and application of cosmetic products. The growth of the cosmetic industry is mainly driven by factors such as changing lifestyle, increasing demand for skin and care products, increasing expenditure on online shopping, expanding social networks, increasing consumer interest in premium products. Growth of the cosmetic industry is affected by factors such as pollution, climate change, skin diseases, and an increased aging population. There is a need to produce new cosmetics with maximum potential. Encapsulation shield from the surrounding fragrances and provide protection from other degrading factors, light radiation, chemical aggression. Strong growth in the cosmetic industry helps to enhance growth of the European Fragrances Encapsulation Market for home and personal care.
European Fragrance Encapsulation Market Restraint
High Production Cost of Some Encapsulation Process
- Recently many industries adopted the Encapsulation process to produce products with maximum potential. To sustain in the market there is a need for constant R&D. the high cost of R&D resources along with the Encapsulation process which hindered the market growth. Sometimes the development of a microencapsulated product is customized, at that time it is required to be carried out at industrial scale instead of pilot scale. This increases the production cost which ultimately increases the product cost.
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European Fragrance Encapsulation Market Competitive Landscape
The European Fragrances Encapsulation Market for home and personal care is highly fragmented. All major key players are focusing on developing the home and personal care product with maximum potential. Manufacturers are focusing on the use of Encapsulation processes in the production of home and personal care products. The companies develop their growth strategies to increase their product portfolio. The key players operating in the regional market are Givaudan S.A, International Flavors & Fragrances
European Fragrance Encapsulation Market Top Company Profiles
- International Flavors & Fragrances Inc.
- Calyxia S.A
- Firmenich Incorporated
- Symrise AGIngredion Incorporated MicroCaps d.o.o
- Koehler Innovative Solutions
- Ashland Global Holdings Inc.
- Robertet Group
- Vantage Speciality Chemicals
- Euracil
- Capsulae SAS
- Robert Blondel Cosmétiques
- Lambson Ltd.
European Fragrance Encapsulation Market Recent Developments
- In Oct 2022, Symrise joined with Netherlands-based Wageningen University and Research (WUR) to spearhead the Pulses Optimized for Flavor and Functionality project, which covers the supply chain of legumes from seed to product. This investment will help to increase the product quality as well as support the biodiversity by producing better breeding varieties of pulses like peas and fava beans.
European Fragrance Encapsulation Key Market Trends
- One of the top trends is the use of Aryballe fragrance technology. This technology is hoping to turn some of the human experience of scent into data in hopes of streamlining processes in fragrances and other sectors.
European Fragrance Encapsulation Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyzes the Data collected utilizing Primary Exploratory Research backed by the robust Secondary Desk research.
According to our analysis, the European Fragrances Encapsulation Market for home and personal care is expected to have a significant growth during the forecast period because of the adoption of western culture and increasing consumption of cosmetic products by consumers. Increasing consumer expenditure on beauty products, attractive branding of products by several companies, online availability of the beauty product are the major factors which drive the market growth. However, side effects related to the beauty product and rapid change in consumer demand can hinder the growth of the market over the forecast period.
| Report Metric | Details |
|---|---|
| Market size value in 2022 | USD 72.57 million |
| Market size value in the | USD 117.50 million |
| Growth Rate | 5.50% |
| Base year | 2023 |
| Forecast period | of 2024-2031 |
| Forecast Unit (Value) | USD Million |
| Segments covered |
|
| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on European Fragrance Encapsulation Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on European Fragrance Encapsulation Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the European Fragrance Encapsulation Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the European Fragrance Encapsulation Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the European Fragrance Encapsulation Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the European Fragrance Encapsulation Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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