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

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.