Cosmeceuticals Market: Global Industry Analysis and Forecast Analysis (2023-2029)

Cosmeceuticals Market is expected to reach US$ 66.45 Bn. with a CAGR of 9.3% for the period 2023-2029, thanks to presence of better quality and premium priced cosmeceuticals goods

Cosmeceuticals Market Overview:

Cosmeceuticals are products that combine cosmetics and medications. They are mostly used to improve the physical look of the body as well as the health of the skin. Several antioxidants are found in cosmetics, and they are responsible for improving the surface on which they are placed. The demand for aesthetically pleasing lifestyles and changing behaviours will lead to a greater global acceptance of cosmeceuticals. The existence of multiple large-scale vendors will help to drive the entire cosmeceuticals market forward. The increased desire for natural products with little negative effects will provide a big opportunity for market participants.Cosmeceuticals MarketTo know about the Research Methodology :- Request Free Sample Report

Cosmeceuticals Market Dynamics:

The cosmeceuticals business is expected to grow globally as consumers become more aware about their appearance. In the personal care business, the cosmetics section is expected to grow at the fastest rate. The global cosmeceuticals industry is expected to be driven by rising demand from the middle class and a growing urban population. Various reasons, such as the presence of better quality and premium priced cosmeceuticals goods, are also supporting the global cosmeceuticals market. Cosmeceuticals products are used for a variety of purposes, including skin irritation, skin lightening, and tooth whitening. Although cosmeceuticals are in high demand, a variety of additional therapeutic options are now becoming available. These therapeutic options are projected to enhance the cosmeceuticals market's completeness and, to some extent, to control the market growth.

Cosmeceuticals Market Segmentation:

The Cosmeceuticals market is segmented into Application, Distribution Channel, and Cosmeceutical Agent. Based on the Application segment: The Cosmeceuticals market is further sub-segmented into Skin Care, Hair Care, Oral Care, Make-Up, and Injectable. In the expected time, skincare is expected to be the most popular segment, followed by hair care. The anti-aging sub-segment of skincare is expected to generate the most income over the forecasted period. However, due to several benefits such as weight loss and wrinkle reduction, the injectable segment is expected to develop at the fastest rate in the future. In terms of the Distribution Channel segment: The Cosmeceuticals market is further sub-segmented into supermarkets, Pharmacy, Beauty salons, Online Retailing Store, Departmental Store, and Others. In 2019, supermarkets had the largest market share of the global market. This is mainly thanks to wholesalers and manufacturers' strong promotions and varied marketing methods at specialty stores, such as bulk buy offers. Consumers in Asia Pacific's developing countries are increasingly opting for bulk purchases at supermarkets as their disposable income rises. Because of technological improvements and increased consumer use of technology, the online distribution channel is expected to grow significantly throughout the forecast period. Apart from the market's major participants, popular e-commerce platforms like Amazon.in are urged to acquire traction by selling these cosmetic products in locations where specialty stores are scarce. This has the effect of indirectly increasing goods sales via the online platform. Also, the reductions provided online are higher than those available in stores, attracting customers and driving product sales.

Cosmeceuticals Market Regional Insights:

In 2019, Europe had the largest share of 32.5 percent and is expected to hold a highest CAGR of xx% during the forecast period (2022-2029). Due to the desire to appear younger among the population of countries such as Germany, the United Kingdom, the Netherlands, and France, the area continues to be the main market. Also, given their weather circumstances, these countries have the biggest proportion of persons suffering from dry skin. This is likely to increase demand for skincare cosmetics that are both helpful and versatile. Likewise, the region's increased purchasing capacity for higher-quality products is likely to boost the market growth. Among the other regions, Asia Pacific is expected to develop the fastest. Due to rapidly increasing developing economies, the market in the Asia Pacific is gaining traction. This has successfully covered the path for manufacturers to establish branches in the region's heavily populated countries. People in the region have been able to get better quality brands of these things thanks to the popularity of e-commerce or e-tailing. Additionally, rising living standards in countries like India and China are expected to propel the market in the future. The objective of the report is to present a comprehensive analysis of the global Cosmeceuticals to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market has been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding the Cosmeceuticals dynamics, structure by analyzing the market segments and project the Cosmeceuticals size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the global Cosmeceuticals make the report investor’s guide.

Cosmeceuticals Market Scope: Inquire before buying

Cosmeceuticals Market
Report Coverage Details
Base Year: 2022 Forecast Period: 2023-2029
Historical Data: 2018 to 2022 Market Size in 2022: US $ 35.65 Bn.
Forecast Period 2023 to 2029 CAGR: 9.3% Market Size in 2029: US $ 66.45 Bn.
Segments Covered: by Distribution Channel Supermarket Pharmacy Beauty Salon Online Retailing Department Store
by Cosmeceutical Agent Vitamin Peptide Hydroxyl Acid Ceramide Sugar Amine
by Application Skin Care Hair Care Oral Care Makeup Injectable

Cosmeceuticals Market, by Region

North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina Rest of South America)

Cosmeceuticals Market Key Players are:

1. LOral International 2. Beiersdorf AG 3. SkinCeuticals. 4. The Procter & Gamble Company 5. Estee Lauder Inc. 6. Unilever 7. NATUMIN PHARMA AB 8. Robert Blondel Cosmtiques 9. CosMedix. 10.Laboratoires VIVACY 11.Active Organics 12.Allergan 13.Arch Chemicals, Inc. 14.BASF SE 15.Bayer AG 16.Symrise AG 17.Avon Products, Inc. 18.Johnson & Johnson 19.Merck & Company, Inc. 20.Royal DSM NV 21.Evonik Industries AG

Frequently Asked Questions:

1. Which region has the largest share in Cosmeceuticals Market? Ans: North America held the largest share in 2022. 2. What is the growth rate of the Cosmeceuticals Market? Ans: The Cosmeceuticals Market is growing at a CAGR of 9.3% during the forecasting period 2023-2029. 3. What segments are covered in Cosmeceuticals market? Ans: Cosmeceuticals Market is segmented into Application, Distribution Channel, Cosmeceutical Agent, and Region. 4. Who are the key players in Cosmeceuticals market? Ans: The important key players in the Cosmeceuticals Market are - LOral International, Beiersdorf AG, SkinCeuticals., The Procter & Gamble Company, Este Lauder Inc., Unilever, NATUMIN PHARMA AB, Robert Blondel Cosmtiques, CosMedix., Laboratoires VIVACY, Active Organics, Allergan, Arch Chemicals, Inc., BASF SE, Bayer AG, Symrise AG, Avon Products, Inc., Johnson & Johnson, Merck & Company, Inc., Royal DSM NV, and Evonik Industries AG. 5. What is the study period of this market? Ans: The Cosmeceuticals Market is studied from 2022 to 2029.
1. Global Cosmeceuticals Market: Research Methodology 2. Global Cosmeceuticals Market: Executive Summary 2.1. Market Overview and Definitions 2.1.1. Introduction to Global Cosmeceuticals Market 2.2. Summary 2.2.1. Key Findings 2.2.2. Recommendations for Investors 2.2.3. Recommendations for Market Leaders 2.2.4. Recommendations for New Market Entry 3. Global Cosmeceuticals Market: Competitive Analysis 3.1. MMR Competition Matrix 3.1.1. Market Structure by region 3.1.2. Competitive Benchmarking of Key Players 3.2. Consolidation in the Market 3.2.1 M&A by region 3.3. Key Developments by Companies 3.4. Market Drivers 3.5. Market Restraints 3.6. Market Opportunities 3.7. Market Challenges 3.8. Market Dynamics 3.9. PORTERS Five Forces Analysis 3.10. PESTLE 3.11. Regulatory Landscape by region • North America • Europe • Asia Pacific • The Middle East and Africa • South America 3.12. COVID-19 Impact 4. Global Cosmeceuticals Market Segmentation 4.1. Global Cosmeceuticals Market, by Application (2022-2029) • Skin Care o Repair or Anti-aging o Cleanser o Moisturizer o Sun-screen • Hair Care o Shampoo o Conditioner o Oil & Serum o Wax & Mousse • Oral Care o Tooth-paste o Mouthwash • Make-Up • Injectable 4.2. Global Cosmeceuticals Market, by Distribution Channel (2022-2029) • Supermarket • Pharmacy • Beauty Salon • Online Retailing • Department Store • Others 4.3. Global Cosmeceuticals Market, by Cosmeceutical Agent (2022-2029) • Vitamin • Peptide • Hydroxyl Acid • Sugar Amine • Ceramide • Metal 5. North America Cosmeceuticals Market(2022-2029) 5.1. North America Cosmeceuticals Market, by Application (2022-2029) • Skin Care o Repair or Anti-aging o Cleanser o Moisturizer o Sun-screen • Hair Care o Shampoo o Conditioner o Oil & Serum o Wax & Mousse • Oral Care o Tooth-paste o Mouthwash • Make-Up • Injectable 5.2. North America Cosmeceuticals Market, by Distribution Channel (2022-2029) • Supermarket • Pharmacy • Beauty Salon • Online Retailing • Department Store • Others 5.3. North America Cosmeceuticals Market, by Cosmeceutical Agent (2022-2029) • Vitamin • Peptide • Hydroxyl Acid • Sugar Amine • Ceramide • Metal 5.4. North America Cosmeceuticals Market, by Country (2022-2029) • United States • Canada • Mexico 6. European Cosmeceuticals Market (2022-2029) 6.1. European Cosmeceuticals Market, by Application (2022-2029) 6.2. European Cosmeceuticals Market, by Distribution Channel (2022-2029) 6.3. European Cosmeceuticals Market, by Cosmeceutical Agent (2022-2029) 6.4. European Cosmeceuticals Market, by Country (2022-2029) • UK • France • Germany • Italy • Spain • Sweden • Austria • Rest Of Europe 7. Asia Pacific Cosmeceuticals Market (2022-2029) 7.1. Asia Pacific Cosmeceuticals Market, by Application (2022-2029) 7.2. Asia Pacific Cosmeceuticals Market, by Distribution Channel (2022-2029) 7.3. Asia Pacific Cosmeceuticals Market, by Cosmeceutical Agent (2022-2029) 7.4. Asia Pacific Cosmeceuticals Market, by Country (2022-2029) • China • India • Japan • South Korea • Australia • ASEAN • Rest Of APAC 8. Middle East and Africa Cosmeceuticals Market (2022-2029) 8.1. Middle East and Africa Cosmeceuticals Market, by Application (2022-2029) 8.2. Middle East and Africa Cosmeceuticals Market, by Distribution Channel (2022-2029) 8.3. Middle East and Africa Cosmeceuticals Market, by Cosmeceutical Agent (2022-2029) 8.4. Middle East and Africa Cosmeceuticals Market, by Country (2022-2029) • South Africa • GCC • Egypt • Nigeria • Rest Of ME&A 9. South America Cosmeceuticals Market (2022-2029) 9.1. South America Cosmeceuticals Market, by Application (2022-2029) 9.2. South America Cosmeceuticals Market, by Distribution Channel (2022-2029) 9.3. South America Cosmeceuticals Market, by Cosmeceutical Agent (2022-2029) 9.4. South America Cosmeceuticals Market, by Country (2022-2029) • Brazil • Argentina • Rest Of South America 10. Company Profile: Key players 10.1. LOral International 10.1.1. Company Overview 10.1.2. Financial Overview 10.1.3. Global Presence 10.1.4. Capacity Portfolio 10.1.5. Business Strategy 10.1.6. Recent Developments 10.2. Beiersdorf AG 10.3. SkinCeuticals. 10.4. The Procter & Gamble Company 10.5. Este Lauder Inc. 10.6. Unilever 10.7. NATUMIN PHARMA AB 10.8. Robert Blondel Cosmtiques 10.9. CosMedix. 10.10. Laboratoires VIVACY 10.11. Active Organics 10.12. Allergan 10.13. Arch Chemicals, Inc. 10.14. BASF SE 10.15. Bayer AG 10.16. Symrise AG 10.17. Avon Products, Inc. 10.18. Johnson & Johnson 10.19. Merck & Company, Inc. 10.20. Royal DSM NV 10.21. Evonik Industries AG
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