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Cosmeceuticals Market Size, Share, Industry, Trends And Growth Prospects For 2023-2032
Cosmeceuticals Market
The Business Research Company's Cosmeceuticals Global Market Report 2023 identifies increase in the prevalence of skin disorders as the major driver for the Cosmeceuticals market's growth in the forecast period. Skin disorders refer to the conditions that affect the skin's appearance, structure, texture, or overall health. Cosmeceuticals are skincare products with bioactive ingredients that offer therapeutic benefits and can be used to complement the treatment of various skin disorders such as photo-melanosis.
The global cosmeceuticals market size is expected to grow from $52.95 billion in 2022 to $56.91 billion in 2023 at a compound annual growth rate (CAGR) of 7.48%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. 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 size of cosmeceuticals market is expected to reach $77.05 billion in 2027 at a CAGR of 7.87%.
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Major competitors in the Cosmeceuticals market are BASF SE, Johnson & Johnson, LVMH (Moët Hennessy Louis Vuitton), Givenchy, The Procter & Gamble Company, Unilever Plc.
A key trend in the Cosmeceuticals market includes technological advancements. Companies operating in the cosmeceuticals market are adopting new technologies to sustain their position in the market. In September 2021, Croda International Plc., a specialty chemicals company located in the United Kingdom, launched Nutrinvent Balance, a unique encapsulation technology designed to provide rapid sebum reduction advantages on the scalp, as the latest innovation in their hair care ingredient line.
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The Cosmeceuticals market is segmented -
• By Product Type: Skincare, Haircare, Injectable, Oral Care, Other Product Types
• By Ingredients: Proteins, Antioxidants, Vitamins, Metals, Ceramides, Peptides, Amines, Acids, Exfoliants, Other Ingredients
• By Distribution Channel: Supermarket, Pharmacy, Drug Stores, Beauty Salon, Online Retailing Store, Other Distribution Channels
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Cosmeceuticals market.
The Business Research Company's "Global Cosmeceuticals Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Cosmeceuticals Market Include:
1. Executive Summary
2. Cosmeceuticals Market Characteristics
3. Cosmeceuticals Market Trends And Strategies
4. Cosmeceuticals Market - Macro Economic Scenario
5. Global Cosmeceuticals Historic Market Size and Growth, 2017 - 2022, Value ($ Billion)
…………………………………………………………………………
32. Global Cosmeceuticals Market Competitive Benchmarking
33. Global Cosmeceuticals Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Cosmeceuticals Market
35. Cosmeceuticals Market Future Outlook and Potential Analysis
36. Appendix
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Major Companies Covered in this report are:-
SIRCUIT Cosmeceuticals Inc
Janssen Cosmetics
Dermelect
Osmotics
AWE Cosmeceuticals
Christina
Advanced Cosmeceuticals
Hale Cosmeceuticals
Newport Cosmeceuticals
Sabinsa Corporation
United Cosmeceuticals GmbH
Cosmeceuticals International
PCCA…
