Global Skincare Products Market Tends to Expand at a CAGR of 5.90% during Forecast Period 2016-2024


Posted July 3, 2018 by Steveblade

According to Goldstein Research, Global skincare products market is anticipated to grow at a CAGR of 5.90% over the forecast period 2016-2024
 
According to Goldstein Research, Global skincare products market is anticipated to grow at a CAGR of 5.90% over the forecast period 2016-2024 to reach USD 189.82 billion by 2024. Major driving factor for global skincare products market is the growing demand of the organic personal care and cosmetics products estimated to reach the valuation of USD 18.9 billion by 2024. Moreover, the global skincare products market has proven its capability to attain a stable and continuous growth even in unfavorable economic conditions. Global Skincare products market segmentation has been done on the basis of product type, distribution channel and geography.

Global skincare products market segmentation based on product type, face creams segment dominated the market in 2016 with 59.0% market share. Huge demand is witnessed for skin brightening products by the consumers as these products hide scars, black patches, age spots and diminish the pigmentation from the skin. Skincare products market is largely dominated by Asia Pacific with a market share of 52.0% in 2016 due to high demand in the skin-brightening creams. North-America is expected to grow over the forecast period as people are concentrating more on the organic skincare products.

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Market Segmentation

On the basis of our in-depth analysis, Global Skincare Products Market can be segmented and sub-segmented as follows:

By Product Type

o Face Cream
 Skin Brightening
 Anti-Aging
 Sun Protection
 Others (Cleanser and Scrub)
o Body Lotion
 Mass Market Body Lotion
 Premium Segment Body Lotion

By Distribution Channel

o Offline Distribution Channel
 Supermarkets and Hyper Markets
 Specialty Stores
 Drug Stores
o Online Distribution Channel

Based on Region

o North America (United States, Canada) {Market Share (%), Market Size (USD Billion, Adoption Rate (%)}
o Europe (UK, France, Italy, Germany, Spain, Hungary, Sweden, Russia, Poland and Rest of Europe) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
o Middle East and Africa (GCC Countries, North Africa, South Africa and Rest of Middle East & Africa) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
o Latin America (Brazil, Mexico and Rest of Latin America) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
o Asia Pacific skincare products Market (China, Japan, India, Singapore, South Korea, Australia, New Zealand and Rest of Asia-Pacific) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
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“Skincare Products Market Outlook 2024” contains a detailed overview of the global skincare products market. On the basis of our in-depth analysis, the market can be segmented in terms of market segmentation by product type and distribution channel.

Further, for the in-depth analysis, Global Skincare Products Market Report technology and end-user encompass the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis.

This industry analysis report also includes competitive outlook of some of the major players profiling of companies such as Johnson & Johnson Services, Inc., Estee Lauder Companies Inc., Unilever PLC, Avon Products Inc., L'Oréal S.A., Kao Corporation, Colgate-Palmolive Company, Shiseido Company, Beiersdorf AG, Procter & Gamble, Innisfree, The Body Shop, Bath And Body Works, Lush, Enchanteur, Clarins, Clinique, Chanel, Nivea, SK-II, LAMER, etc. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services, and industries catered, financial analysis of the company and recent developments.

Objective of Report:
To analyze and forecast market size of skincare products market.
To calculate the expected growth rate of skincare products market.
To classify and forecast skincare products market based on product type, distribution channel, and geography.

To identify market key players, driving factors, & trends of skincare products market with the help of SWOT Analysis.

To identify and analyze the profiles of leading players involved in the manufacturing and supplying of skincare products market.
To identify market opportunities for the existing and entry-level players.

Overall, the report represents the global skincare products market trends along with the market forecast that will help industry consultants, technology providers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market-centric strategies according to the ongoing and expected trends in the future.

About Goldstein Research

Based in the US, Goldstein Research currently has a strong presence in the American and Asian countries. In the next five years, we strive to expand our reach to 50+ nations spanning across Europe, Asia and parts of the Middle East and Africa. We strive to realize a strong brand presence globally through our quality research and forecasting solutions.

Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep them well ahead of the game which is the market, and leave a mark across businesses and communities through our well-defined ideas and clear cut forecasts. Our market research reports provide in-depth analysis of global and regional variations along with competitors’ overview.

Our analysts working on consumer goods industry analysis reports to help various tech-giants, tech start-ups and entry players to assess the current and upcoming business scenario. We believe in vigorous examination of the current market scenario and build around creative ideas and approaches that are most suitable to our clients’ needs and business agenda.

Contact for more Info:
Steve Blade
(Global Sales Head)
USA: + 1-646-568-7747
Canada: +1-437-886-1181
UK: +44-203-318-6627
[email protected]
www.goldsteinresearch.com

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Tags skincare products market , skincare products market share , skincare products market size , skincare products market trends
Last Updated July 3, 2018