Skincare Market 2016 | Size, Growth, Demand, Opportunities & Forecast To 2024

Both cosmetic and medical products constitute the global skincare market. While the cosmetic products help in augmenting beauty, the medical products help to tackle skin-related problems such as rashes. The global skincare market can be broadly segmented into face creams and body lotions. The face cream segment can be further classified based on the different types of products into skin brightening, sun protection, and anti-aging products. They aid in improving the skin quality by preventing wrinkles, rejuvenating cells, and brightening the skin. The body lotion segment, again, can be further divided into mass market and premium products.

Get Sample Copy:

https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=340

Among the two, the face cream segment leads with a staggering share in the market. The rising number of working women around the world and the easy availability of such products online these days has brought about exponential growth in the segment so far. Going forward too, face creams will experience robust demand. As far as the competitive landscape is concerned, key market players in the global skincare market are resorting to mergers and acquisitions, partnerships and collaborations, and product development to stay ahead of their competitors.

A report by Transparency Market Research examines the global skincare market in details by classifying it based on different parameters and by analyzing the different growth drivers and restraints shaping its growth trajectory. It also profiles the prominent companies operating in the market.

Global Skincare Market: Drivers and Trends 

Growing awareness about one’s looks and skin quality, coupled with the rising spending power of people worldwide, are factors at the forefront of driving demand in the global skincare market. Aggressive marketing strategies of existing players along with massive investment in research and development to create innovative products have also led to significant increase in sales. Besides, the omnipresent polluted environment, global warming, and the busy lifestyle, affecting the quality of skin, has also been bolstering swift uptake of products that help to protect the skin and thwart damages to it.

A recent noticeable trend in the global skincare market is the increasing use of online platforms to reach out to a wider consumer base. Savvy companies and distributers are fast shifting to ecommerce to boost sales. Yet another major trend observed in the global skincare market is the soaring popularity of organic skin products sans synthetically derived chemicals. Manufacturers are unveiling new beauty care products formulated from natural or organic ingredients every now and then to capture the attention of consumers. Such products, though expensive, are witnessing significant sales worldwide on account of the growing awareness of the possible side effects of chemical based skin care products.

Grab an exclusive PDF Brochure of this report:

https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=340

Restraining the growth in the market is the ban on animal testing. This has negatively impacted business, especially of small and mid-sized manufacturers. Also, hindering the market is the sale of pseudo products at reduced prices.

Read TMR Research Methodology @:

https://www.transparencymarketresearch.com/methodology.html

Global Skincare Market: Regional Outlook 

Geographically, North America and Europe dominate the global skincare market with maximum share. Going forward, however, Asia-Pacific region will gain the most on the back of robust demand from developing countries with fast-growing economies such as China and India. The increasing awareness about organic products and the rising fortunes of the middle-class populace, has facilitated a massive upswing in the skincare products market in the region so far. The same factors will also bring about growth in the near future.

Companies Mentioned in Report 

To present an in-depth assessment of the competition prevailing in the global skincare market, the report profiles companies such as Johnson & Johnson, Private Label, Warner-Lambert, Unilever, Cosmair Bristol-Myers Squibb, Jergens, and Beiersdor.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers’ or customers’ journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

Read Our Latest Press Release:

https://www.prnewswire.co.uk/news-releases/binge-watching-during-covid-19-underscores-growth-in-video-on-demand-vod-services-tmr-843517403.html

https://www.prnewswire.co.uk/news-releases/covid-19-outbreak-to-influence-growth-prospects-of-personal-protective-equipment-ppe-market-tmr-888885156.html

About Us

Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals.

Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information we offer customized solutions through ad-hoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.

Contact

Transparency Market Research State Tower,

90 State Street,

Suite 700,

Albany NY – 12207

United States

USA – Canada Toll Free: 866-552-3453

Email: [email protected]

Website: https://www.transparencymarketresearch.com