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France Skin Care Market to Grow at a Steady CAGR During Forecast Period | TechSci Research
According to TechSci Research report, “France Skin Care Market By Product Type (Face Care Vs Body Care), By Origin (Conventional & Organic), By Distribution Channel (Beauty Parlours/Salons, Multi Branded Retail Stores, Online Channels, Supermarkets/Hypermarkets, Exclusive Retail Stores & Others), By Region, Forecast & Opportunities, 2025”, France skin care market is expected to grow at a steady rate during the forecast period. The market is gaining traction by virtue of higher female population in the country. Females tend to care more about their skin and personal appearance as compared to males, which is working in the favor of market growth. France is a significant exporter of skin care products and other cosmetics to different parts of the world. Asia alone constitutes 20% of the total skin care products exports from France. Huge number of exports is also contributing to the market growth of skin care products in France. Another factor that can be held responsible for the market growth is the presence of various global skincare market leaders in France which introduce French population with new and innovative products. However, government restrictions with the testing of skin care products on animals is expected to hamper the market growth.
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France skin care market is segmented based on product type, origin, distribution channel, region and company. Based on product type, the market is further bifurcated into face care and body care. Amongst these, face care segment dominated the market in 2019 as people are more concerned about their external appearance and how they look. Most of the population takes more care of the face as compared to the body. Besides, face is the only body part which is exposed to pollution and dirt in the environment and thus, needs special care. All these factors have led the segment to dominate the market. On the basis of source, the market is further bifurcated into conventional and organic. Organic segment led the market in 2019 as these products are good for skin. They are made from natural products, contain no pesticides and utilize only organically grown ingredients for their production. Based on distribution channel, the market is further fragmented into beauty parlours/salons, multi branded retail stores, online channels, supermarkets/hypermarkets, exclusive retail stores, and others, out of which, online channels are expected to hold the largest share in the market during the forecast period. on the back of the convenience provided by online channels for purchasing items. Products can be bought with just one click without visiting any store, hypermarket, etc. Online channels also offer different kinds of benefits and heavy discounts on products, which is the main reason for their popularity among consumers.
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Some of the leading players in France skin care market include Estée Lauder, Inc., L'Oréal S.A., Unilever France SAS, Amway GmbH, Procter & Gamble France SAS, Embryolisse Laboratoires, Beiersdorf AG, Laboratoire Filorga, Eau Thermale Avene, Caudalie SARL, and many others.
“France skin care market is anticipated to witness steady growth in the coming five years owing to the major skincare product exports from France to various countries and presence of global players. However, countries such as Japan, China, South Korea have initiated manufacturing and exporting competitive skin care products. This factor is likely to pose a threat to France skin care market,” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
“France Skin Care Market By Product Type (Face Care Vs Body Care), By Origin (Conventional & Organic), By Distribution Channel (Beauty Parlours/Salons, Multi Branded Retail Stores, Online Channels, Supermarkets/Hypermarkets, Exclusive Retail Stores & Others) By Region, Forecast & Opportunities, 2025” has evaluated the future growth potential of France skin care market and provided statistics & information on market size, shares, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in France skin care market.
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