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Markets :: Specialty Chemicals :: Personal Care

‘Green’ Demand Sprouts Double-Digit Growth

Efforts Under Way in Europe to Harmonize Product Standards

11:34 AM MDT | May 6, 2008 | Kate Phillips

Global demand for personal care products based on green ingredients, or those from renewable resources, is showing double-digit growth, says Gillian Morris, consultant at Kline & Co. (Little Falls, NJ). Products containing such ingredients account for about 30% of the $8 billion-$10 billion personal care ingredient industry, Morris says. Retailers including Whole Foods Market (Austin) are capitalizing on this trend by introducing their own green standards and label seals. Suppliers are boosting investments in green ingredients in response. “The rising...

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