Global Skincare Product Market Report, Analysis and forecast to 2025 | Top Key Players: L’Oreal S.A, Unilever PLC, Beiersdorf A.G, The Estee Lauder Companies Inc, The Colgate-Palmolive Company, Johnson & Johnson

The market overview section of the report demonstrates market dynamics such as drivers, restraints, and opportunities that talks about the current nature and future scenario of the said market, key market indicators, end-user adoption analysis. Further, key market indicators included in the report provide the significant factors which are capable to define the market position of global skincare product.

According to a new market report published by BlueWeave Consulting, The Global Skincare Product Market was valued at USD 130728 Million in 2017 and is expected to expand with a CAGR over 4.58 % from 2018 to 2025, reaching USD 184492 Million by the end of the forecast period. According to the report, Europe was the largest contributor in terms of revenue to the global skincare product market in 2017. However, Asia-Pacific is the fastest growing market with a CAGR over 6.39%.

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Global Skincare Product Market: Scope of the Report
The global skincare product market is segmented on the basis of type of product, type of face creams, type of distribution channel and geography. On the basis of type of product, the market is segmented into face creams & body lotions. In 2017, the face creams segment accounted for the largest market share, in terms of revenue of the global skincare product market. Furthermore, demand for face creams is expected to increase during the forecast period. On the basis of type of face creams, the global skincare product market is bisected into skin-whitening cream, anti-acne cream, anti-aging cream, sunscreen lotions & other products like toner, cleanser, moisturizer, face wash, etc. Based on the distribution channel, the market is categorized into supermarket, hypermarket, specialty stores & online channels.

Global Skincare Product Market: Competitive Dynamics
Major industry players in skincare product market are adopting different expansion & innovation strategies to remain sustain themselves in the highly competitive market. For instance, in 2018, Shiseido Company Ltd. Has developed a new product, “Optune”, an IoT skincare system developed with a new concept that uses a special machine backed up by unique algorithms to satisfy skincare needs in real time. In June, 2016, the company has acquired Laura Mercier and ReVive brands for an estimated USD 260 million in order to boost their American business. The global skincare product market includes key players such as Shiseido Company Ltd., Procter & Gamble, The Estee Lauder Companies, Inc., The Avon Products Inc., Colgate-Palmolive Company, Unilever Plc, etc.

By Type of Product
• Face Cream
• Body Lotion

By Type of Face Creams
• Skin-whitening Cream
• Anti-acne Cream
• Anti-aging Cream
• Sunscreen Lotion
• Other Products

By Distribution Channel
• Supermarket
• Hypermarket
• Specialty Stores
• Online Channels
• Other Channels

In addition, the report provides analysis of the skincare product market with respect to the following geographic segments:
• North America
• Europe
• Asia Pacific (APAC)
• Middle East Africa
• Latin America

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About BlueWeave Consulting & Research Pvt Ltd. (BWC)

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This release was published on openPR.