Face Creams Market 2023 : Trends, Business Growth And Major Driving Factors | Johnson & Johnson Services Inc., L'Oreal S.A., Procter & Gamble, The Estee Lauder Companies Inc., Unilever, Alticor Inc.
As per the face creams market report by The Business Research Company, the rising demand for natural and organic face creams is expected to drive the face cream market growth during the forecast period. With the growing awareness of the risks associated with the prolonged use of face creams made from synthetic materials, the demand for natural and organic face creams has increased.
The global face creams market size will grow from $14.81 billion in 2022 to $16.23 billion in 2023 at a compound annual growth rate (CAGR) of 9.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global face creams market size is expected to grow from $23.33 billion in 2027 at a CAGR of 9.5%.
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Major competitors in the Face Creams market include Johnson & Johnson Services Inc., L'Oreal S.A., Procter & Gamble, The Estee Lauder Companies Inc., Unilever, Alticor Inc., The Body Shop International Limited, Avon Products Inc., Oriflame Cosmetics AG, and Shiseido Company Limited.
The Face Creams market is segmented -
1) By Type: Moisture, Healing, Anti-aging, Other Types
2) By Age: 0-1, 2-25, 26-40, 41-55, >55
3) By Gender: Female, Male
4) By Application: Oil Skin, Dry Skin, Neutral Skin, Sensitive Skin, Other Applications
5) By Distribution Channel: Multi-Brand Retail Outlets, Online Platforms, Supermarkets/ Hypermarkets, Exclusive Retail Stores, Beauty Parlors/ Salons
6) By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Face Creams market.
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Face creams are cosmetic creams or lotions consisting of any number of various substances in the form of a thick liquid, applied to the face to improve the complexion and to soften and moisturize the skin.
The Table Of Content For The Face Creams Market Include:
1. Executive Summary
2. Face Creams Market Characteristics
3. Face Creams Market Trends And Strategies
4. Face Creams Market - Macro Economic Scenario
5. Face Creams Market Size And Growth
27. Face Creams Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Face Creams Market
29. Face Creams Market Future Outlook and Potential Analysis
The "Global Face Creams Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.
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