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Skin Grooming Market Estimated to Reach a Value US$ 204,000 Mn by 2022-end

04-13-2018 03:11 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Fact.MR

Fact.MR

Fact.MR

The global market discussion on skin grooming products industry can be found in the latest study by Fact.MR, which has been freshly added to its massive collection of research database. The report is titled “Skin Grooming Market Forecast, Trend Analysis & Competition Tracking: Global Review 2017 to 2022”, which works to enlighten the readers about the major factors prompting the growth of the concerned market. Apart from that, the research majorly focuses on skin grooming market’s competitive outlook by profiling major players functioning across the globe. As the report moves ahead, information regarding the prominent trends as well as opportunities in the key geographical segments have also been elaborated, thus enabling companies to be able to make region-specific strategies for gaining competitive lead. Some of the prime regions emphasized in the study include key regions.

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A recent research by Fact.MR anticipates the global skin grooming market to witness expansion at a moderate CAGR through 2022. Revenues from the global skin grooming market are projected to reach approximately US$ 204,000 Mn by 2022-end. The growth of the skin care market is primarily attributed to growing interests among young generation, altering lifestyle of people in developing countries, and soaring purchasing power of individuals, coupled with increasing awareness about beautification. However, the adoption of synthetic anti-oxidants has witnessed a decline on the back of government restrictions, and health concerns.

Surging trend of shifting preferences towards naturally derived products are expected to create potential demand growth opportunities for natural as well as active cosmetic ingredients such as botanical extracts, enzymes, and amino acids. Global leaders in the skin grooming market are increasingly concentrating on rapid adoption of the online platforms, in order to cater the widespread base of consumers. The market players are making substantial investments in R&D activities, and utilizing green technological raw materials in manufacturing skin care products, facilitating high sustainability, quality, and long-lasting performances. This in turn will prevent hazards to the environment, and offer consumers with advanced skin grooming products. These factors are expected to sustain growth of the global skin grooming market.

A rise in demand has been witnessed for sunscreens, face creams, and body lotions among consumers, with robust expansion of e-commerce websites that enable niche product vendors to reach the continuously expanding consumer base. Several skin grooming brands have been entering the market over the past few years, introducing advanced and naturally derived products, with an aim to attract consumers and increase their market presence. Stringent regulations pertaining to long shelf-life of skin care products have been imposed by the Food and Drug Administration (FDA), and the Environmental Protection Agency (EPA) of the U.S. The Soil Association has come up with standards regarding clearance for “organic” as well as “made with organic” ingredients of skin grooming products. These incidences will further influence the demand for skin grooming products in the near future.

Moisturizers to Remain Sought-after among Products in the Market

Moisturizers will remain sought-after among products in the global skin grooming market. In addition, sales of anti-aging creams and sun protection creams are expected to register similar CAGRs through 2022, anti-aging creams being more lucrative than sun protection creams.

Hypermarket/supermarket is estimated to remain the largest distribution channel for skin grooming products. Sales of skin grooming products in online distribution channel will exhibit a sluggish CAGR through 2022.

Asia Pacific excluding Japan (APEJ) will continue to be dominant in the global skin grooming market, with sales exhibiting a steady expansion through 2022. Europe will remain the second most lucrative region for growth of the market.

Competition Tracking

Key players profiled in the global market for skin grooming include Beiersdorf AG, L’Oréal S.A., Johnson & Johnson Services, Inc., Avon Products, Inc., Kao Corporation, Shiseido Co., Ltd, The Estee Lauder Companies, Inc., Unilever PLC, Colgate-Palmolive Company, and Mary Kay Inc.

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Table of Content:

1. Global Skin Grooming Market – Executive Summary

2. Global Skin Grooming Market Overview
2.1. Introduction
2.1.1. Global Skin Grooming Market Taxonomy
2.1.2. Global Skin Grooming Market Definition
2.2. Global Skin Grooming Market Size (US$ Mn) and Forecast, 2012-2022
2.2.1. Global Skin Grooming Market Y-o-Y Growth
2.3. Global Skin Grooming Market Dynamics
2.3.1. Drivers
2.3.2. Restraints
2.3.3. Trends
2.4. Supply Chain
2.5. Cost Structure
2.6. Pricing Analysis
2.7. Raw Material Sourcing Strategy and Analysis
2.8. List of Distributors
2.9. Key Participants Market Presence (Intensity Map) By Region
2.10. Competitive Assessment and Technology Trends in Future

3. Global Skin Grooming Market Analysis and Forecast By Type
3.1. Global Skin Grooming Market Size and Forecast by Type, 2012-2022
3.1.1. Moisturizers Skin Grooming Market Size and Forecast, 2012-2022
3.1.1.1. Revenue (US$ Mn) Comparison, By Region
3.1.1.2. Market Share Comparison, By Region
3.1.1.3. Y-o-Y growth Comparison, By Region
3.1.2. Cleanising Lotions Skin Grooming Market Size and Forecast, 2012-2022
3.1.2.1. Revenue (US$ Mn) Comparison, By Region
3.1.2.2. Market Share Comparison, By Region
3.1.2.3. Y-o-Y growth Comparison, By Region

Continued….

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About Fact.MR

Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized Retail & Consumer Goods market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that’s why we publish multi-industry global, regional, and country-specific research reports.

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27 Upper Pembroke Street,
Dublin 2, Ireland
Telephone: +353-1-6111-593
Email: sales@factmr.com/
Web: https://www.factmr.com/

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