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Market Analysis: Global Skin Care Products MarketPune, )
The Global Skin Care Products Market is expected to reach USD 20.3.64 billion by 2025, from USD 143.52 billion in 2017 growing at a CAGR of 4.6% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic year 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
Market Definition: Global Skin Care Products Market
Skin care products are the products used for skin nourishment or for the protection. Skin care products include the face cream like skin brightening, anti-ageing and sun protection. The body lotion includes the mass body care and premium body care products. The demand for the these product are increasing around the globe due to awareness regarding beauty, increasing disposable income in developing countries and various other factor driving it. According to cosmetic business report the personal care sales reached to USD 23.68 billion in 2017 from USD 21.74 billion in 2016, counting increase sales in Poland, Croatia, Bulgaria, The Czech Republic, Estonia, Latvia, Lithuania, Hungary, Romania, Slovakia, Belarus, Bosnia & Herzegovina, Serbia, Slovenia, Macedonia and Georgia countries. The above factor shows that the demands for personal care products are increasing which will drive the demand for skin care products.
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Demand for naturals products
Increase in disposable income
Growth of E-commerce trading or online shopping
Stringent government regulations
Segmentation: Global Skin Care Products Market
By Product Type
Mass Body Care
Premium Body Care
Rest of Asia-Pacific
Rest of Europe
Rest of south America
Middle East & Africa
Rest of Middle East & Africa
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Key Market Competitors: Global Skin Care Products Market
The key players operating in the global skin care products market are –
The Estee Lauder Companies Inc.
The other players in the market are, Johnson & Johnson, Avon Products Inc., Shiseido Company Limited, Procter & Gamble, Revlon Incorporation, Gillette, Pantene, Nivea, Neutrogena, Head & Shoulders, Clinique, Garnier, Maybelline, Chanel, Estee Lauder, Clarins, Lancome, Schwarzkopf, Mac, Palmolive, L’occitane, Sulwhasoo, The Body Shop and many more.
Competitive Analysis: Global Skin Care Products Market
The global skin care products market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of skin care product’s market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa. In July 2018, Shiseido Company launched its new make-up range Sephora to compete with the global giants companies.
Research Methodology: Global Skin Care Products Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in market report. To know more please Request an Analyst Call or can drop down your inquiry.
The key research methodology used by DBMR Research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include vendor positioning grid, market time line analysis, market overview and guide, company positioning grid, company market share analysis, standards of measurement, top to bottom analysis and vendor share analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Key Insights in the report:
Historical and current market size and projection up to 2025.
Market trends impacting the growth of the global skin care products market.
Analyze and forecast the skin care products market on the basis of product type.
Trends of key regional and country-level markets for ingredient product type.
Company profiling of key players which includes business operations, product and services, geographic presence, recent developments and key financial analysis.
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