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Active Cosmetics Market - Detailed Analysis of Current Industry Figures with Forecasts Growth
Active Cosmetics
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The growth of active cosmetics market is majorly driven by increasing awareness among consumers regarding the adverse impacts of synthetic counterparts. People suffering from various types of skin diseases and hair problems are focusing on the adoption of organic products and products manufactured using active ingredients, as these are derived from natural sources and are free from various kinds of harmful chemicals.
Moreover, major cosmetic manufacturers in the market are focusing on entering into strong partnerships with several healthcare professionals, which would help them in continuously developing products and providing more effective products. However, the market is expected to face several growth challenges, as dermatologists would prescribe only those products that have been previously tested by them in labs. This would also pose challenge to new players to gain market share in the active cosmetics market.
On the basis of application, the market has been segmented as Skin Care, Hair Care and Others. Among application, the skin care segment is expected to hold dominant position in the market. Skin care active cosmetics contain carotenoids, flavonoids, and co-enzymes, which have rich antioxidants. These antioxidants help in hydrating the skin and reducing acne, dark circles, and skin wrinkles. Active cosmetics are also being widely adopted by consumers, owing to their increasing knowledge about the benefits of using the active cosmetics in terms of anti-aging, revitalizes hair, skin elasticity, and hydration of the skin.
Key players:
Key players operating in the global active cosmetics market include L’Oréal S.A. (France), Lucas Meyer Cosmetics (France), Pfizer Inc. (U.S.), Givaudan (Switzerland), Croda International Plc. (U.K.), Active Cosmetics Manufacturing (U.S.), and Symrise AG (Germany) among others.
Market Taxonomy:
On the basis of product type, the global active cosmetics market is segmented into:
Liquid
Cream
Powder
On the basis of gender, the global active cosmetics market is segmented into:
Male
Female
On the basis of application, the global active cosmetics market is segmented into:
Skin Care
Hair Care
Others
On the basis of distribution channel, the global active cosmetics market is segmented into:
Pharmacies
Drugstores
Medi-spas
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