European Fragrance Encapsulation Market

European Fragrance Encapsulation Market Size, Share, Growth Analysis, By Method(Physico-mechanical method (spray drying, fluidized bed spray coating), By Application(Personal care (skincare products, hair care products) - Industry Forecast 2024-2031

Report ID: SQMIR15E2522 | Region: Regional | Published Date: April, 2024
Pages: 184 | Tables: 68 | Figures: 70

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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 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 'Givaudan S.A', 'International Flavors & Fragrances Inc.', 'Calyxia S.A', 'Follmann GmbH & Co. KG', 'Firmenich Incorporated', 'Symrise AGIngredion Incorporated MicroCaps d.o.o', 'Koehler Innovative Solutions', 'Ashland Holdings Inc.', 'Robertet Group', 'Vantage Speciality Chemicals', 'Euracil', 'Capsulae SAS', 'Robert Blondel Cosmétiques', 'Lambson Ltd.', 'Micropore Technologies Limited'

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.

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.

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.

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