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skincare products has created a demand among them to look for products which are made up of organic or herbal ingredients rather than the chemical-based products. The market is expected to reach over USD 1,84,400 Million by 2025. This growth is driven by a number of reasons such as rise in disposable income, technological advancements, growing awareness for health & beauty, the rise in the male grooming market, increased demand of anti-aging products coupled with easy availability of skincare products via modern stores & e-commerce channels etc.
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Global Skincare Product Market : Analysis And Opportunity Assessment 2019-2025 According to a new market report published by BlueWeave Consulting , The Global SkinCare Product Market was valued at USD 130728 Million in 2017 and is expected to expand with a CAGR over 4.58 % from 2018 to 2025, reaching USD 184492 Million by the end of the forecast period. According to the report, Europe was the largest contributor in terms of revenue to the global skincare product market in 2017. However, Asia-Pacific is the fastest growing market with a CAGR over 6.39%. Skin is constantly growing and changing, so we have to remain vigilant in caring for it. Skin care is a booming industry, as everyone wants a flawless, beautiful and glowing skin. Glowing skin is a result of proper skincare. It means we can wear less makeup and let our skin shine through. Proper skin care is important because our skin is the largest barrier against infection that we have. Keeping our skin healthy and moist helps keep this barrier strong. Now more than ever, consumers are becoming quite conscious of what they put in, and on, their bodies to stay healthy. Skin care products are known to rejuvenate the skin cells, enhance complexion, prevent aging & wrinkles, and provide sun protection from harmful UV rays. Global Skincare Product Market: Scope of the Report The global skincare product market is segmented on the basis of type of product, type of face creams, type of distribution channel and geography. On the basis of type of product, the market is segmented into face creams & body lotions. In 2017, the face creams segment accounted for the largest market share, in terms of revenue of the global skincare product market. Furthermore, demand for face creams is expected to increase during the forecast period. On the basis of type of face creams, the global skincare product market is bisected into skin-whitening cream, anti-acne cream, anti-aging cream, sunscreen lotions & other products like toner, cleanser, moisturizer, face wash, etc. Based on the distribution channel, the market is categorized into supermarket, hypermarket, specialty stores & online channels. Request https://www.blueweaveconsulting.com/skincare-product#ReportSample for PDF Sample of this Market Research Report@ Global Skincare Product Market, By Region Geographically, the global skincare product market is bifurcated into North America, Asia Pacific, Europe, Latin America, Middle-East & Africa. Europe is the major contributor to the global market and the increasing number of fashion-conscious customers has been propelling the growth of sales in the skincare products market in the region. However, presence of several emerging economies such as China, India, and South Korea are expected to drive the Asia Pacific market. The growth in Asia Pacific can be attributed to the increasing consumer spending on better lifestyle which includes expenditure on a variety of skincare and beauty products. As per International Trade Administration, China for example,
spends USD 24 per person annually on personal care and skincare products, whereas South Korea and Japan spend USD 171 and USD 174 annually. Global Skincare Product Market: Competitive Dynamics Major industry players in skincare product market are adopting different expansion & innovation strategies to remain sustain themselves in the highly competitive market. For instance, in 2018, Shiseido Company Ltd. Has developed a new product, “Optune”, an IoT skincare system developed with a new concept that uses a special machine backed up by unique algorithms to satisfy skincare needs in real time. In June, 2016, the company has acquired Laura Mercier and ReVive brands for an estimated USD 260 million in order to boost their American business. The global skincare product market includes key players such as Shiseido Company Ltd., Procter & Gamble, The Estee Lauder Companies, Inc., The Avon Products Inc., Colgate-Palmolive Company, Unilever Plc, etc. Market Segmentation: Global Skincare Product Market By Type of Product Face Cream Body Lotion By Type of Face Creams Skin-whitening Cream Anti-acne Cream Anti-aging Cream Sunscreen Lotion Other Products By Distribution Channel Supermarket Hypermarket Specialty Stores Online Channels Other Channels In addition, the report provides analysis of the skincare product market with respect to the following geographic segments: North America o The U.S. o Canada o Rest of North America Europe o Germany o U.K. o France o Italy o Spain o Russia o Rest of Europe Asia Pacific (APAC) o China
India Japan Australia South Korea ASEAN Rest of Asia Pacific Middle East o Saudi Arabia o UAE o Israel o Rest of Middle East Africa o South Africa o Kenya o Nigeria o Rest of Africa Latin America o Brazil o Argentina o Mexico o Rest of Latin America o o o o o o Detailed Analysis of Table of Contents@ https://www.blueweaveconsulting.com/skincare- product#TOC About BlueWeave Consulting & Research Pvt Ltd. (BWC) BlueWeave Consulting provides a full scope of business intelligence solution for solving your toughest challenges. BWC is an emerging global expert & pioneer in the market research and provision of exclusive market INTEL. We optimize your decision making by equipping your industry with an accurate & better market research according to your industry demands through our professionally designed qualitative & quantitative research methods. Our trendy & efficient sample collection methods, integrated data solutions as well as methodologies certainly make us a better partner that you can rely on. With collective experience in the varied fields of retail, market research and reporting, we provide the business insight and business practices that would give the required impetus for your company’s growth. Contact Us: info@blueweaveconsulting.com https://www.blueweaveconsulting.com Global Contact: +1 866 658 6826