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Facial Care Market Poised to Grow at a CAGR of 6.5% by 2024


Infinium Global Research has added a new report on Facial Care Market. The report presents analysis of global as well as regional markets of facial care market over the period of 2016 to 2024. Facial care is the maintenance of the face and its features such as the skin, lips, and eyelashes so that it has an attractive, youthful appearance. The facial care products come under the skin care treatments products. It includes cleanser, toner, antioxidant serum, eye cream, spot treatment, moisturizer, sunscreen, eye cream and so on. These are used to maintain skin health as well as for specific skin conditions.

 

Facial care segment contributes around 3/4th  of the total skin care market’s revenue. This growth can be attributed to the growth in a wide range of products including BB creams, anti-aging creams, moisturizers, cleansing wipes, skin toners, masks & serums, and so on. This, in turn, has resulted in the availability of a wide array of products to the customers and further has increased the penetration of facial and personal care products. Rising awareness about the facial care products and new multinationals entering the market are other factors boosting the growth of the global facial care market. The increasing esteem of multifunctional products and growing distribution channels and networks are further propelling the growth of the global market. In addition, increasing fairness products demand, rising focus on an advertisement, and changing lifestyle of consumers are some other factors impacting the global facial care market growth. Growing disposable income among younger consumers, especially women, and growing awareness about several benefits of facial care as improvement of personality for physical appearance etc. are helping to boost the market globally. But, lack of awareness about several facial creams among consumers, fluctuating cost of ingredients as petroleum-based products, a governmental ban on some ingredients for application in skin cream are hampering the growth of the market for the medium term. However, growing disposable income among young consumers especially among women in developing countries, intensive marketing by beauty products companies, increasing application of online purchasing of facial care products are expected to boost the market for long term.

 

North America and Europe dominate the global facial care market with maximum share. However, Asia-Pacific region is showing a robust sustainable growth for facial care market, due to increasing demand from middle-class families, due growing disposable income and entering of a large number of the female workforce in the corporate worlds. Additional other factors as governmental support for the enhancing the earning capacity of rural households are boosting the demand of several facial care products in developing countries. Moreover, the growth matrix presented by Infinium Global Research identifies the key investment markets in the near future, this will not only help the companies to understand the competitive position in the global facial care market but also make strategic decisions to capture the most lucrative markets in the near future. The market size is presented in terms of value for the historic year 2016 and estimated for forecast period of 2018-2024.

 

Get 15% discount for early purchase of global facial care market report by clicking the following link, Use code IGRD15 to request the discount in the given form

 

https://www.infiniumglobalresearch.com/reports/request-discount/1860

 

The recent report identified that North America dominated the global facial care market over the last couple of years, while emerging markets of Asia-Pacific and Latin America are anticipated to contribute significantly to the growth in the facial care market worldwide.

 

The report segments the global facial care market on the basis of Product type, Distribution Channel and End User.

 

Global Facial Care Market by Product Type

·         Skin Whitening/ Lightening and Anti-Ageing

·         Facial Creams

·         Face Wash

·         Cleansing Wipes

·         Serums and Masks

·         Others

 

Global Facial Care Market by Distribution Channel

·         Conventional Store

·         Departmental Store

·         Online Store

 

Global Facial Care Market by End User

·         Male

·         Female

 

Companies Profiled in the Report

·         L’Oreal S.A.

·         Procter and Gamble Company (P&G)

·         Estee Lauder Companies Inc.

·         The Unilever Plc.

·         Shiseido Co. Ltd.

·         Johnson and Johnson Limited

·         Kose Corporation

·         Kao Corporation

 

About Infinium Global Research

Infinium Global Research is a business intelligence company that provides its clients with market information services, solutions, and reports. The intelligence reports include qualitative as well as quantitative information, which are blended using forecasting models in order to project future market demand. Our panels of Subject Matter Experts (SMEs), Analysts, and Consultants use numerous data gathering tools in order to provide you with detailed information on the market as well as a preview of its projected growth. Our repository includes the largest and most credible databases, through which we determine various qualitative and quantitative parameters of the market to provide you with an in-depth business intelligence report.

Infinium Global Research reports and consulting services cover numerous sectors, which include healthcare, chemicals, materials, energy, packaged goods, food and beverages, technology, and communications. These reports provide readers with market insights and detailed analysis of market segments to possible micro levels. Our reports, with stratified research methodology and wider scope of analysis, provide clients with crucial insights and information to meet their every requirement.




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