Sodium Lauroyl Isethionate Market - Overview
The Sodium Lauroyl Isethionate market size is forecast to reach
USD 130 million by 2030, after growing at a CAGR of 4.6% during the forecast period 2024-2030. Sodium lauroyl isethionate is a surfactant that is used in the formulation of a wide spectrum of personal care products such as body washes, toothpaste, facial cleansers, and conditioner bars. The personal care sector globally is exhibiting tremendous growth globally with increasing production and sales of personal care products and this is expected to drive the market’s growth during the forecast period. The cosmetic industry's continuous emphasis on innovation and the formulation of products catering to diverse skin concerns further accelerates the adoption of SLI. As a result, manufacturers are increasingly incorporating
Sodium Lauroyl Isethionate into their skincare formulations to meet the growing consumer demand for products that deliver both cleanliness and a soothing experience.
Additionally, Furthermore, the demand for skincare applications is rising globally owing to the increasing awareness regarding appearance and hygiene among the consumers and this is projected to contribute to the market’s growth during the forecast period. The demand for Sodium Lauroyl Isethionate (SLI) is experiencing a significant upswing, primarily propelled by its widespread adoption in skincare applications. As consumers increasingly prioritize personal care products that offer effective and gentle cleansing, SLI has emerged as a key ingredient due to its mild and skin-friendly characteristics.
Report Coverage
The report: “Sodium Lauroyl Isethionate Market Report - Forecast (2024-2030)”, by IndustryARC, covers an in-depth analysis of the following segments of the Sodium Lauroyl Isethionate Industry.
By Type: Flakes, Granules, Powder, and Others.
By Grade: Bio-Tech Grade, Technical Grade, Reagent Grade, and Others.
By Application: Hair Care (Shampoos, Hair Conditioners, and Others), Skin Care (Body Washes, Facial Cleansers, Conditioner Bars, and Others), Toothpaste, and Others.
By Geography: North America (USA, Canada, Mexico), Europe (UK, Germany, France, Italy, Netherlands, Spain, Russia, Belgium, Rest of Europe), Asia Pacific (China, Japan, India, South Korea, Australia, and New Zealand, Indonesia, Taiwan, Malaysia, Rest of Asia Pacific), South America (Brazil, Argentina, Colombia and Rest of South America), and RoW (Middle East and Africa).
Key Takeaways
• Flake type dominated the sodium lauroyl isethionate market in 2023. This type of sodium lauroyl isethionate is low cost, making it a suitable choice in the market.
• The skincare application is projected to influence the market’s growth during the forecast period. The rise in demand can be attributed to SLI's ability to create rich lather, providing a luxurious and effective cleansing experience in various skincare formulations. Its versatility makes it a sought-after component in products such as facial cleansers, body washes, and hand soaps.
• The Asia-Pacific region is expected to witness the highest demand for sodium lauroyl isethionate during the forecast period owing to the expanding personal care sector in the region. For instance, as per the stats by India Brand Equity Foundation, India’s beauty, cosmetics and grooming market will reach US$ 20 billion by 2025.
By Type - Segment Analysis
Flake type dominated the market in 2023 and is growing at a CAGR of 5.1% during the forecast period. This type of sodium lauroyl isethionate is inexpensive and provides excellent stability to the formulation process. Flake-type sodium lauroyl isethionate also offers personal care products with a smooth texture. Owing to such diverse properties, the portfolio of flake type of sodium lauroyl isethionate is robust in the market compared to other type of sodium lauroyl isethionates. These flakes exhibit excellent solubility, ensuring efficient dispersion during product formulation, ultimately enhancing the end-user experience. The cosmetic and personal care industry widely favors SLI flakes due to their versatility in applications, ranging from solid bars and cleansers to liquid formulations. The demand for SLI flakes is further fueled by consumer preferences for gentle and effective cleansing products, aligning with the industry's focus on developing innovative formulations.
By Application - Segment Analysis
The skincare application dominated the sodium lauroyl isethionate market in 2023 and is growing at a CAGR of 5.5% during the forecast period. Sodium lauroyl isethionate finds its massive uses in the formulation process of several skincare products such as body washes, facial cleansers, and conditioner bars. The demand for skin care products is on the rise globally owing to increasing awareness about appearance among the consumers and this is projected to bolster the market growth during the forecast period. The rise in consumer awareness regarding the importance of skincare has further propelled the demand for products that prioritize both efficacy and skin health. Sodium Lauroyl Isethionate aligns perfectly with these consumer preferences due to its mild nature, making it suitable for even the most sensitive skin types. This versatility positions SLI as a go-to ingredient for formulators aiming to create products that cater to a diverse range of skin concerns while ensuring a gentle and nurturing experience.
By Geography - Segment Analysis
Asia Pacific dominated the Sodium Lauroyl Isethionate market with 32% market share in 2023. The high demand for sodium lauroyl isethionate is attributed to the booming personal care sector in the region. Sodium lauroyl isethionate is widely used in the formulation and processing of several personal care products such as body washes, toothpaste, and conditioner bars. One of the key factors contributing to Asia Pacific's dominance in the SLI industry is its robust manufacturing capabilities. The rise of e-commerce and digital connectivity has further accelerated the accessibility of personal care products across Asia Pacific. According to India Brand Equity Foundation, In FY23, the Gross Merchandise Value (GMV) of e-commerce reached US$ 60 billion, increasing 22% over the previous year. In FY22, the GMV of e-commerce stood at US$ 49 billion. Consumers in countries like China and India, with their massive online retail presence, have easy access to a wide array of beauty and skincare products, driving the demand for SLI-infused formulations. The convenience of online platforms has allowed consumers to explore and experiment with different skincare products, contributing to the rise in the adoption of SLI in the region.
Drivers – Sodium Lauroyl Isethionate Market
• Increasing demand for skincare application will drive the market’s growth
Sodium lauroyl isethionate finds its massive uses in the formulation procedure of several skincare products, ranging from body washes, facial cleansers, conditioner bars, among others. The demand for skincare products is increasing globally and this is expected to drive the market’s growth during the forecast period. One of the key factors driving the demand for SLI in skincare applications is its ability to create a luxurious lather, providing a satisfying cleansing experience. As consumers seek products that not only cleanse effectively but also deliver a sensory and indulgent feel, SLI proves to be a versatile ingredient that meets these expectations. The rise of the beauty-conscious consumer, particularly in regions like Asia Pacific, has significantly contributed to the upswing in SLI demand. Countries like South Korea and Japan, renowned for their advanced skincare routines, have become influential trendsetters, with SLI playing a pivotal role in meeting the rigorous standards of these discerning markets.
• Booming personal care sector globally will drive the market’s growth
The personal care sector is one of the largest markets for sodium lauroyl isethionate where it is utilized in the formulation of numerous products such as body washes, toothpaste, facial cleansers, and conditioner bars. The personal care sector is booming globally and this is projected to contribute to the growth of the market during the forecast period. Moreover, the ever-expanding global middle-class population, particularly in emerging economies, has contributed significantly to the growth of the personal care sector and, consequently, the demand for SLI. Countries in Asia Pacific, Latin America, and the Middle East are witnessing a surge in demand for personal care products as disposable incomes rise, and consumers become more discerning about the ingredients in the products they use. SLI's ability to cater to diverse skin types, including sensitive skin, has resonated well with the varied demographics of these regions.
Challenges – Sodium Lauroyl Isethionate Market
• The strict regulations regarding sodium lauroyl isethionate might hamper the market’s growth
The use of sodium lauroyl isethionate is strictly monitored by several governing bodies which has been a challenge and this is expected to hamper the market’s growth during the forecast period. The preparation of sodium lauroyl isethionate involves ethylene oxide which is a harmful substance. Exposure to sodium lauroyl isethionate can lead to skin and eye irritation due to the use of ethylene oxide. Owing to these health issues, the Environmental Protection Agency of the US regulates and closely monitors the use of sodium lauroyl isethionate. Such strict regulation regarding sodium lauroyl isethionate might hamper the market’s growth during the forecast period. The stringent regulations also impact the innovation and introduction of new SLI formulations into the market. Manufacturers face the challenge of staying ahead of regulatory changes, adapting formulations to meet new requirements, and conducting thorough safety assessments, all of which contribute to increased time and resource investments.
Market Landscape
Technology launches, acquisitions, and Partnership activities are key strategies adopted by players in the Sodium Lauroyl Isethionate market. In 2023, The major players in the Sodium Lauroyl Isethionate market are
- Innospec Inc.,
- Taiwan NJC Corporation
- Surface Chemical Industry
- Galaxy Surfactants
- Parchem Fine & Specialty Chemicals
- BASF SE
- Clariant
- Solvay
- Stepan Company
- Croda
Developments:
- In December, 2023, Innospec Inc. acquired QGP Química Geral S.A., a Brazilian specialty chemicals company. Innospec plans to integrate QGP into its Performance Chemicals business. These acquisitions align with Innospec's focus on diverse markets such as fuel specialties, oilfield services, personal care, polymers, and waxes.
- In March 2022, Vantage Specialty Chemicals announced the acquisition of Jeen International Corporation and BotanicalsPlus, Inc. The acquisition is said to have expanded Vantage's leadership in the personal care industry.