Global Skin Care Products and Services Market Size Potential Growth Opportunities, Trends and Forecast 2018-2025
Previously in 2018, the global skin care product market size was valued at USD xxx.xx billion and estimated to project the value of USD xxx.xx billion with a CAGR of x.x during the forecast period.
The skin care products & services market is rapidly escalating due to the rising awareness of several advantages of personal care products resulted in increased demand over the past few years. The industry is manufacturing organic and natural personal care products which is believed to be one of a major segment in the cosmetics and wellness market.
Skin care basically involves practices that support skin integrity, cure skin conditions, and enhance its appearances. The following area includes avoidance of excessive sun exposure, appropriate use of emollients, and nutrition. The global skin care products & services market include rise in awareness towards advanced skin care products, new product innovation, changing lifestyle patterns in the countries, high investments in emerging countries, and more others.
Over the past few years, the level of synthetic and organic products has resulted to increase owing to the expanding of distribution networks of suppliers and manufacturers. In addition, the demand for online market platform on internet has also been escalating, where consumers can easily purchase a wide range of products. This has been one of a primary reason for the increase in accessibility.
The skin care products consists of skin care product manufacturers, raw material suppliers, end-use industries, and distribution channels. Raw materials for synthetic skin care include surfactants, skin conditioning agents, and colorants.
Geographically, Asia Pacific region held the largest market for the skin care products in 2015. The growing demand for organic products, disposable incomes of consumers is majorly anticipated to drive industry growth in the region. Whereas, India and China is also at a growing demand stage
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Asia Pacific was the largest market for these products in 2015. The increase in the disposable incomes of consumers, coupled with the increasing demand for organic products, is expected to drive industry growth in the region. In countries such as India and China, the growing demand for skin care products can be attributed to the rapidly-growing population.
Leading players for the skin care product market include The Estee Lauder Companies Inc., L’Oreal S.A., Kao Corporation, Shiseido Company, Procter & Gamble, Colgate-Palmolive Company, Johnson & Johnson, Unilever PLC, Avon Products Inc., and more others.
The skin care products & services market is segmented by product, and region. Based on the product face cream, skin brightening, anti-aging, sun protection, body lotion, mass body care, premium and, body care. Furthermore on the basis of region, the market is divided into North America, U.S., Canada, Mexico, Europe, Germany, UK, Italy, France, Rest of Europe, Asia-Pacific, China, India, Japan, Rest of Asia-Pacific, LAMEA, Latin America, Middle East, Africa, and Rest of LAMEA.
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