Report ID: SQMIG15E2560
Report ID:
SQMIG15E2560 |
Region:
Global |
Published Date: November, 2024
Pages:
177
|
Tables:
87 |
Figures:
71
Keratin Market size was valued at USD 1.58 Billion in 2023 and is poised to grow from USD 1.68 Billion in 2024 to USD 2.71 Billion by 2032, growing at a CAGR of 6.2% during the forecast period (2025-2032).
Increasing emphasis on improving hair health around the world and growing issue of hair thinning and balding among young people is projected to bolster the demand for keratin over the coming years. Growing spending on personal care and rising sales of personal care products are also expected to create new opportunities for keratin companies in the future. High demand for skin care and cosmetics with functional ingredients is also expected to promote the use of keratin in personal care products going forward. Rising awareness regarding the health benefits associated with the use of keratin is also expected to benefit keratin market growth over the coming years. Increasing sales of shampoos, conditioners, and hair growth serums with keratin are also expected to present new opportunities for keratin companies through 2031. On the contrary, availability of synthetic alternatives, high costs of keratin products, and concerns over source are expected to impede keratin demand outlook across the study period.
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Report ID: SQMIG15E2560