Global Cosmetic Skin Care Market is segmented by type (facial care, body care, and hand & feet care.), by mode of sales (online, and Offline.), by product (moisturizers, cleansing lotions, facial masks, shaving creams, serums, exfoliators, anti-aging creams, toners, eye creams, and sun care products), by distribution channel (online sales, standalone retail outlets, factory outlet, and supermarkets), by region (North America, Europe, Asia pacific, Middle east & Africa and Latin America is estimated to reach us$ 220.1 bn by 2026, at a CAGR of 6.12%.
Major driving factors of cosmetic skin care market are change in consumer lifestyle, rising in disposable income, increasing spending on personal care. Opportunities in the global cosmetic skin care market are increasing trend towards natural products, rising research and development activities to develop new skin care products.
Lack of Awareness about Skin Care to Hamper Market Growth
The cosmetic skin care market is still suffering from lack of awareness about skin care in specific countries in Middle East and Africa. Also, strict government directions with respect to approval and marketing of these products at times leaves a negative effect. Cosmetic skin care market contain probable side effects of chemical-based products.
North America dominates the cosmetic skin care market.
North America dominates the cosmetic skin care market due to increased demand for premium skin care products significantly. North America is the large geographical market for anti-aging creams due to growing aging population in the region which is expected to increase demand for an anti-aging cream. Europe is the second largest regional market.
Major market players dominating the global cosmetic skin care market are L’Oreal S.A., Unilever PLC, Procter & Gamble, Beiersdorf AG, Avon Products Inc., The Estee Lauder Companies Inc., Johnson & Johnson, Kao Corporation, The Body Shop International PLC., Shiseido Company, Limited, THALGO COSMETIC GmbH, Natura Bissé International, S.A., The Aromatherapy Company, ESPA International Ltd., Pevonia Global, Éminence Organic Skin Care, Shiffa Dubai Skin Care Cosmetics LLC, Ascendis.co.za., Guinot S.A., SkinMedica Inc., Laboratories IPRAD, and Obagi Medical Products, Inc.
Maximize market research, a global market research firm with dedicated team of specialists and data has carried out extensive research about the cosmetic skin care market. Report encompasses the market by different segments and region, providing the in-depth analysis of overall industry ecosystem, useful for taking informed strategic decision by the key stakeholders in the industry. Importantly, the report delivers forecasts and share of the market, further giving an insight into the market dynamics, and future opportunities that might exist in the cosmetic skin care market. The driving forces as well as considerable restraints have been explained in depth. In addition to this, competitive landscape describing about the strategic growth of the competitors have been taken into consideration for enhancing market know-how of our clients and at the same time explain cosmetic skin care market positioning of competitors.
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