Press release
Global Facial Moisturizer Market Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast - 2022 to 2028
The global facial moisturizer market is anticipated to grow at a CAGR of 4.5% during the forecast period (2022-2028).Facial moisturizer supports to improve the skin condition of people by maintaining their skin integrity and appearance. The major factor expected to drive the market growth is the rising skin-related problems such as skin rashes, dark circles, and aging, among others. In addition, the rising number of aged populations and extreme weather conditions across the globe increasing awareness about the benefits of healthy skin due to rising skin concerns, coupled with the rising number of cosmetic stores across the globe are some factors that propel the growth of the global facial moisturizer market during the forecast period. Furthermore, the rise in demand for male grooming products, especially facial care products due to increasing awareness regarding the benefits of grooming among men, the growing number of beauty bloggers on YouTube, sharing product reviews as well as Instagram posts by celebrity stars influence users to opt for such products. These are some causes that boost the global facial moisturizer market growth during the forecast period.A full report of Global Facial Moisturizer Market is available at:https://orionmarketreports.com/global-facial-moisturizer-market/109032/
Some major players in the market include The Estee Lauder Companies Inc., L'Oreal S.A., and Procter & Gamble Co. among others. The market players are contributing significantly to the growth of the market by the adoption of various strategies including mergers and acquisitions, geographical expansion, partnerships, new product launches, and collaborations, to stay competitive in the market. For instance, in December 2019, Canbiola Inc. announced the acquisition of Green Grow Farms Inc. which further supports the company in boosting its production capacity of the hemp-based cosmetic items. Further, in November 2019, The Estée Lauder Companies Inc. announced the acquisition of Seoul-based Global skincare company Have & Be Co. Ltd. which offers a wide range of skincare cosmetics such as moisturizers, masks, cleansers, and serums, among others. This acquisition supports the company to strengthen its position in the skincare business in the Asia Pacific region.
Market Coverage
The market number available for - 2021-2028
Base year- 2021
Forecast period- 2022-2028
Segment Covered-
By Gender
By Age
By Application
By Distribution Channel
Regions Covered-
North America
Europe
Asia-Pacific
Rest of the World
Competitive Landscape-The Estee Lauder Companies Inc., L'Oreal S.A., and Procter & Gamble Co., among others.
Key questions addressed by the report
What is the market growth rate?
Which segment and region dominate the market in the base year?
Which segment and region will project the fastest growth in the market?
How has COVID-19 impacted the market?
Deviation from the pre-COVID-19 forecast
Most affected region and segment
Who is the leader in the market?
How players are addressing challenges to sustain growth?
Where is the investment opportunity?
Global Facial Moisturizer Market Report by Segment
By Gender
Male
Female
By Age
0-1
2-25
26-40
41-55
>55
By Application
Oily Skin
Dry Skin
Neutral Skin
Sensitive Skin
Others
By Distribution Channel
Multi-Brand Retail Outlets
Online Platforms
Supermarkets/Hypermarkets
Exclusive Retail Stores
Beauty Parlors/ Salons
Others
Media Contact:
Company Name: Orion Market Reports
Contact Person: Mr. Anurag Tiwari
Email: info@orionmarketreports.com
Contact no: +91 780-304-0404
About Us:
Orion Market Reports (OMR) endeavors to provide exclusive blend of qualitative and quantitative market research reports to clients across the globe. Our organization helps both multinational and domestic enterprises to bolster their business by providing in-depth market insights and most reliable future market trends. Our reports address all the major aspects of the markets providing insights and market outlook to global clients.
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