By Infinium Global Research Aug, 2020
The growing concern about the harmful effects of excessive
usage of conventional cosmetics for skin is rising rapidly. Thus, this is
primarily attributed to the rising demand for natural active ingredients based
cosmetics that are favored by the environment and health-conscious consumers.
Demand for skin care products is on the rise owing to the growing interest of
youngsters in grooming. Youngsters opt for skin whitening & brightening
creams & lotions. Growing desire and obsessions amongst people concerning
their looks are driving the growth of skin care cosmetics market worldwide.
Moreover, factors such as changing the lifestyle of consumers in developing
markets, increasing per capita income and raising awareness about
beautification have raised demand for skin care products over the years. In
addition, consistent innovation and the development of more effective
anti-aging and sun protection products anticipated to driving robust demand for
skin care products in the upcoming years. Although driven by the aforementioned
factors, growth in this market restricted by growing health concerns and various
government policies that lowering the usage of antioxidants. Ever-changing
demand for cosmetic products is expected to hamper the growth of the cosmetic skin
care market. This trend is particularly emerged in the Europe region by having a
serious impact on regional growth. Additionally, the global cosmetic skin care
market anticipated having numerous growth prospects owing to growing research
and development investment in order to develop more effective skin care
products. The trend towards natural skin care products expected to complement
global growth in the years to come
The report on Global Cosmetic Skin Care Market covers
segments such as product type and distribution channel. The report provides a 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 L’Oreal S.A., Unilever, Avon Products
Inc., The Estée Lauder Companies Inc., ESPA International Ltd., Kao
Corporation, Johnson & Johnson, The Procter & Gamble Company,
Beiersdorf AG, The Body Shop International Limited, and Other companies.