LONDON, Feb. 28, 2017 /PRNewswire/ -- l cosmetic skin
care market is primarily driven by rising demand for natural active
ingredients based cosmetics that are finding favor among health and
environment conscious consumers. Growth in the cosmetic skin care
market is expected to be fuelled by the continuous innovation and
development of more effective anti-aging and sun protection
products in the upcoming future. The trend toward natural products
is projected to create prospective market opportunities for natural
and active cosmetic ingredients such as enzymes, botanical
extracts, and amino acids. In addition, the demand for cosmetic
skin care market is on the rise with growing interest in grooming
among the young generation in different countries across the world
Youngsters opt for skin brightening or skin whitening creams or
lotions. The changing lifestyles of consumers in developing
markets, increase in per capita income, and rising awareness about
beautification are also contributing to the growth of the overall
cosmetic skin care industry which in turn benefits cosmetic skin
care product manufacturers. However, growing health concerns and
various government restrictions are lowering the usage of synthetic
antioxidants such as BHA (Butylated hydroxyanisole) in cosmetic
products across the European countries
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Under the scope of the report, the global cosmetic skin care market
is divided into three segments: (i) by product (ii) by application
and (iii) by geography.In terms of products, the cosmetic skin care
market has been segmented into anti-aging cosmetic products, skin
whitening cosmetic products, sensitive skin care products, anti
acne products, dry skin care products, warts removal products,
infant skin care products, anti-scars solution products, mole
removal products, and multi utility products. The multi utility
cosmetic skin care products segment includes BB cream (Beauty
Balm), CC (Color Correcting) cream, DD (Daily Defense) cream, 7 in
1 skin care cream and solutions. In terms of revenue, anti-aging
cream segment held the largest share of the global cosmetic skin
care products market in 2015 due to its diversified applications,
whereas multi utility skin care cosmetics are expected to be the
fastest growing product segment. On the basis of application, the
market is bifurcated into stem cells protection against UV,
flakiness reduction, rehydrate the skin's surface, minimize
wrinkles, increase the viscosity of aqueous solutions in skin, and
others. Others application segment includes removal of black
patches and darkness, minimize scars of acne, mole and warts and
infant skin care among others.
Increasing problem of early signs of aging and changing lifestyle
is fueling the demand for cosmetic skin care products. Moreover,
rising number of retail outlets and strengthening retail network is
anticipated to be the most prominent drivers for the global
cosmetic skin care market. Based on geography, the global cosmetic
skin care market is segmented into North
America, Europe,
Asia Pacific, Latin America, and Middle East and Africa (MEA). Each region is further
segregated into major country to draw attention to the respective
market share of cosmetic skin care in each country. In 2015,
Asia Pacific held the largest
share of the cosmetic skin care market followed by Europe, North
America, Latin America, and
Middle East and Africa (MEA). Asia
Pacific is largest cosmetic skin care market. However,
Middle East and Africa is expected to be the fastest growing
region during the next eight years. In addition, Asia Pacific is expected to maintain its
leading position during the forecast period. Globally, Asia Pacific is the leading market for
cosmetic skin care products due to significant growth in retail
sales driven by the huge population in the region and is projected
to hold its position over the forecast period from 2016 to
2024.
In this report, detail analysis of major driving factors along with
key restraints and opportunities (DROs) of the cosmetic skin care
market are covered. The research study analyzed the ongoing market
trends and provides details forecast for the period from 2016 to
2024. The study covers all major developed as well as developing
countries globally. The size and forecast for these markets for the
period from 2016 to 2024 has been provided in the report. The
report also provides the company market share analysis of key
players operating in the cosmetic skin care industry. Some of the
key players in this market include L'Oreal S.A., Unilever PLC,
Procter & Gamble, Beiersdorf AG, Avon Products Inc., The Estee
Lauder Companies Inc., Johnson & Johnson, Kao Corporation, and
The Body Shop International PLC among others.
The scope of the study presents a comprehensive evaluation of
the stakeholder strategies and winning imperatives for them by
segmenting the global cosmetic skin care market as below:
Global Cosmetic Skin Care Market, Product Analysis
Anti-Aging Cosmetic Products
Skin Whitening Cosmetic Products
Sensitive Skin Care Products
Anti-Acne Products
Dry Skin Care Products
Warts Removal Products
Infant Skin Care Products
Anti-Scars Solution Products
Mole Removal Products
Multi Utility Products
Global Cosmetic Skin Care Market, Application Analysis
Stem Cells Protection against UV
Flakiness Reduction
Rehydrate the skin's surface
Minimize wrinkles
Increase the viscosity of Aqueous
Others
In addition the report provides cross-sectional analysis of all
the above segments with respect to the following geographical
markets:
Global Cosmetic Skin Care Market, by Geography
North America
U.S.
Rest of North America
Europe
Germany
Italy
U.K.
France
Rest of Europe
Asia-Pacific
China
Japan
India
Rest of Asia Pacific
Middle East and Africa
UAE
Quatar
South Africa
Rest of MEA
Latin America
Brazil
Argentina
Rest of Latin America
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