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According to the latest report by IMARC Group, titled
“Skin Care Products Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, The global skin care products market reached a value of US$ 131 Billion in 2020. Nowadays, consumers are becoming increasingly conscious about their physical appearance and also regarding the damage caused to the skin due to excessive exposure to sun, ultraviolet (UV) rays and pollution. Owing to this, people are adopting a regular skin care regime as an integral part of their personal well-being, thus ensuring an overall enhancement and maintenance of healthy skin. These concerns have encouraged various brands to manufacture anti-pollution skin care products containing an appropriate blend of chemical and herbal elements. The rising demand for products with organic ingredients such as rosehip oil, increasing consumer expenditure capacity, and aggressive promotional activities by brands are some of the other fa
Cosmeceuticals Market to Witness Huge Growth | Major Giants Unilever, L Oreal, BASF
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Research and Markets: France Cosmetics Market Report 2021: Skin care, Hair Care, Bath & Shower products, Makeup & Color Cosmetics, Fragrances & Deodorants - ResearchAndMarkets.com
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The France Cosmetics Market is poised to undergo significant growth during the next five years owing to the high purchasing power coupled with growing spending on the cosmetics personal care products.
International players foraying into organic cosmetics and increasing number of beauty clinics are aiding to the France Cosmetics Market. Moreover, increasing per capita expenditure on personal appearance and strong regulatory framework are some other key factors boosting the growth of the France Cosmetics Market.
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The Chinese Cosmetics Market is anticipated to undergo rapid growth during the next five years owing to the burgeoning demand for premium cosmetics and the increasing number of working women populations who tend to spend more on cosmetic products.
Increasing number of beauty salons are also aiding to the Chinese Cosmetics Market. Moreover, the increasing per capita expenditure on personal appearance and the growth in the beauty and cosmetics market are some of the other factors expected to propel the demand for cosmetics market in China.
China is the second largest market of cosmetic products after United States in terms of revenue and consumption. The beauty and personal care market is facing the burgeoning demand owing to the increasing urbanization and social media influence. All these factors are expected to fuel the growth of the cosmetics market in China by 2026.
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The United States Cosmetics Market is anticipated to grow at a healthy rate during the forecast period owing to high penetration rate of global brands coupled with burgeoning demand for natural cosmetics.
Increase in working women population and increasing number of beauty clinics are also aiding the United States Cosmetics Market. Moreover, increasing per capita expenditure on personal appearance, strong regulatory framework and growth in beauty and cosmetics market are some of the other factors expected to propel the demand for cosmetics market over the next five years.
The United States Cosmetics Market is witnessing growing number of both female and male consumers. The desire to look good is making citizens buy cosmetic products in large number. Also, the country is the headquarter of some of the leading global cosmetic brands. The growth in online retail is also adding to the growth of the US cosmeti
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