Facial Skincare Market Growth Factors, Trends and Forecast Report to 2021
Global Facial Skincare
Market is expected to grow at a significant CAGR in the upcoming years as
the scope and its applications are increasing across the globe. The factors that propel the growth of the
Facial Skincare Market include ever-increasing demand, awareness among people,
changing lifestyle, rapid urbanization & industrialization, rise in
disposable income and technological innovations. In addition, other factors
such as increasing geriatric population, rising pollution, growing necessity
for maintaining younger and healthy skin, wide range of applications, easy
availability of products and advertisements through social media.
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Skincare Market Report with TOC @ https://www.millioninsights.com/industry-reports/facial-skincare-market
On the other hand, there are also factors that
may hamper the growth of the market such as rising awareness of the possible
side effects of chemical based skin care products. Facial Skincare Market is classified
on the basis of product type, distribution channel and geography. Facial Skincare Market is classified on the
basis of product type as cleansers, creams and moisturizers, facial wipes,
masks, sunscreen and sun protection products, scrubs, and others.
The creams and moisturizers segment comprises
moisturizing creams and lotions, eye creams, night creams, face serum, BB and
CC creams, neck creams, lip balms and moisturizers, tinted moisturizers, and
anti-aging creams. Among the product type, creams and moisturizers segment is
projected to account a major share of the Facial Skincare Market. Facial
Skincare Market is classified on the basis of distribution channel as
department stores, hypermarkets, supermarkets, pharmacies & drugstores and
specialist retailers.
Some of the key players that fuel the growth of the Facial
Skincare Industry include Estée Lauder, Shiseido, P&G, L'Oréal and
Unilever. The other prominent players operating in the Facial Skincare Industry
include Amore Pacific, Oriflame, Rachel K Cosmetics, Amway, Chanel, Mary Kay,
Clarins Group, Nature Republic, Conair, Coty, Lotus Herbals, Missha, Revlon,
Skin Food, The Face Shop and others.
Facial Skincare Market is classified on the
basis of geography as North America, Latin America, Western Europe, Eastern
Europe, Asia Pacific, Japan and Middle East and Africa. The North American
region consists of the U.S., and Canada. Latin America region consists of
Mexico and Brazil. The Western European region consists of Germany, Italy,
France, England and Spain. The Eastern European region consists of Poland and
Russia. Asia Pacific region consists of China, India, ASEAN, Australia &
New Zealand. The Middle East and Africa region consists of GCC, South Africa
and North Africa.
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In case of geographical region, Asia Pacific is
expected to hold a large share of the Facial Skincare Market. The major factors
that drive the growth of the market include changing standard of living, rise
in disposable income and awareness among people.
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