By Infinium Global Research Aug, 2020
A cosmeceutical is a skincare product that contains a
biologically active compound with pharmaceutical effects on the skin.
Cosmeceuticals contain cosmetic products with bioactive ingredients supposed to
have medical benefits. The increasing
consumer consciousness about the benefits of cosmeceuticals attached to a
rising number of premium quality cosmeceuticals products is some key factors
that are driving the demand for the cosmeceuticals market. Another factor that is
boosting the market growth for this market is the rising affordability among the
consumers, growing urban population, an increasing number of middle-aged people, and fast-paced life. Further, strong wish among men and women to maintain
youthful appearances has groomed and nurtured the cosmetic industry globally.
Rapidly aging stats indicate healthy demand for anti-aging products to avoid
age spots, uneven skin tone, wrinkles, hair damages, and dry skin.
Additionally, this growing demand has created room for innovations in
cosmetics, hence promoting industry growth. Moreover, a key trend noticed in
the global cosmeceuticals market is the emergence and popularity of natural and
organic products.
The report on Global Cosmeceuticals Market covers segments
such as product and type. The report provides regional analysis covering
geographies such as North America, Europe, Asia-Pacific, Rest of the World. In
this section, the key trends and market size for each geography are provided
over the period of 2016-2024. The report provides profiles of the companies in
the global Avon, Johnson & Johnson, Croda International PLC, Unilever,
Shiseido Group, Estee Lauder, Royal DSM, Procter & Gamble, L'Oréal, and
Allergan.