Asia Pacific Methyl Glucose Market Analysis

Asia Pacific Methyl Glucose Market Analysis

The Asia Pacific methyl glucose market outlook segment based on form into liquid and solid. Powder segment is anticipated to grow at rapid pace with CAGR of over 6% from 2019-2025. The powder form offers considerable flexibility in the production process with minimum losses.  In addition, powder and flake format offers benefit such as slow release of the compound, thereby ensuring excellent uniformity in the final ingredient mixture.
 

Powder or flake form act as softening agents for fibrous texture materials which are derived from botanical sources and incorporated in personal care market. It offers excellent solubilization & emulsification properties in the formulations. The powder form methyl glucose derivatives are considered to be most convenient option for imports and export of product that require lengthier storage period. Also, powder form methyl glucose derivatives market outlook is driven by lower storage, maintenance and transportation costs compared to liquid form, thus considered to be preferred format of use.
 

South Korea methyl glucose market may witness significant growth owing to growing e-commerce penetration and rising consumer expenditure on high-performance cosmetics. South Korea’s beauty market amounted over USD 10 billion in 2018 with exports accounting for more than USD 5.5 billion. The growing popularity of products through e-commerce sales has further increased the demand for high-quality cosmetic products, thereby generating new growth avenues for the methyl glucose manufacturers. Also, consumer desire to explore new looks has increased the color natural & organic skincare products market development.
 

Being a major export base of cosmetics, South Korea has laid special emphasis on cosmetic ingredients such as methyl glucose and other specialty additives. Presence of diverse manufacturing and services industries coupled with stringent governing regulations has urged the manufacturers to enhance their research & development activities for launching new products in the cosmetics market. In addition, widespread availability of product owing to increasing penetration online and retail sales channel.