Global Skincare Product Market By Type (Face Creams And Body Lotions), By Face Creams (Skin-Whitening Cream, Anti-Acne Cream, Anti-Aging Cream, Sunscreen Lotions And Others), By Distribution Channel (Supermarkets, Hypermarkets, Speciality Stores And Online Channels); Size And Forecast By 2016-2025 , Covid 19 Outbreak Impact research report added by Report Ocean, is an in-depth analysis of market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider Skincare Product market, and compares it with other markets., market definition, regional market opportunity, sales and revenue by region, manufacturing cost analysis, Industrial Chain, market effect factors analysis, Skincare Product market size forecast, market data & Graphs and Statistics, Tables, Bar &Pie Charts, and many more for business intelligence. Get complete Report (Including Full TOC, 100+ Tables & Figures, and Chart). – In-depth Analysis Pre & Post COVID-19 Market Outbreak Impact Analysis & Situation by Region
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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. 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%
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Rise in awareness among people for health and beauty is driving the global skincare product market
Skin care products are those products/cosmetics that help the skin to retain its natural shine & glow. The changing lifestyle/food habits & global environmental issues are the major concerns for maintaining the good health of the skin. Skin care products are known to rejuvenate the skin cells, enhance complexion, prevent aging & wrinkles, and provide sun protection from harmful UV rays. Skin is constantly growing and changing, so it demands care and attention for it. Skin care is thus a booming industry, as everyone wants a flawless, beautiful and glowing skin.
Emerging natural/herbal skincare products is the latest trend in the skincare market
The key drivers for the global skincare product market are rise in awareness among the people for health & beauty, rise in the male grooming product market, increasing disposable income, etc. Young and growing population in the developing countries is supposed to impact the workforce of the countries that creates demand for working professionals and jobs, and in turn helps to increase the disposable income of the youth who invest it for their health and beauty. The technology advancements and R&D teams of medical and cosmetic companies have come up with a number of innovative ant-aging skincare creams that helps to maintain the glow and youth of the skin. Asia has a rapidly growing population where baby and child specific skincare products are among the fastest growing product category because of the Asian culture where parenting is all about giving extra care to the health & safety of the baby.
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.
Asianification of skincare market
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
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Here, the report provides information related to import and export, production, revenue, and key players of all regional markets studied. It includes key manufacturers covered, key market segments, the scope of products offered in the global market, years considered, and study objectives. Additionally, it touches the segmentation study provided in the report on the basis of the type of product and application. It gives a summary of key studies, market growth rate, competitive landscape, market drivers, trends, and issues, and macroscopic indicators. Each player profiled in this section is studied on the basis of SWOT analysis, their products, production, value, capacity, and other vital factors.
The market factors described in this report are:
Key Strategic Developments in the Market:
The research includes the key strategic developments of the market, comprising R&D, M&A, agreements, new product launch, collaborations, partnerships, joint ventures, and regional growth of the key competitors functioning in the market on a global and regional scale.
Key Market Features in Global Market:
The report assessed key market features, including revenue, capacity, price, capacity utilization rate, production rate, gross, production, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition to that, the study provides a comprehensive analysis of the key market factors and their latest trends, along with relevant market segments and sub-segments.
Analytical Market Highlights & Approach
The report provides the rigorously studied and evaluated data of the top industry players and their scope in the market by means of several analytical tools. The analytical tools such as Porters five forces analysis, feasibility study, SWOT analysis, and ROI analysis have been practiced reviewing the growth of the key players operating in the market.
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Key Points Covered in Skincare Product Market Report:
| Global Skincare Product Market Research Report |
| Section 1: Global Skincare Product Industry Overview |
| Section 2: Global Economic Impact on Skincare Product Industry |
| Section 3: Global Market Competition by Industry Producers |
| Section 4: Global Productions, Revenue (Value), according to Regions |
| Section 5: Global Supplies (Production), Consumption, Export, Import, geographically |
| Section 6: Global Productions, Revenue (Value), Price Trend, Product Type |
| Section 7: Global Market Analysis, on the basis of Application |
| Section 8: Skincare Product Market Pricing Analysis |
| Section 9: Market Chain, Sourcing Strategy, and Downstream Buyers |
| Section 10: Strategies and key policies by Distributors/Suppliers/Traders |
| Section 11: Key Marketing Strategy Analysis, by Market Vendors |
| Section 12: Market Effect Factors Analysis |
| Section 13: Global Skincare Product Market Forecast |
……..and view more in complete table of Contents
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