Press release
Unlocking the Secrets of the Skincare Industry: A Comprehensive Report on Current Trends and Future Forecasts || Cardinal Health Inc., Johnson & Johnson, LVMH Moët Hennessy Louis Vuitton S.E
Skincare Market
The Business Research Company's Skincare Global Market Report 2023 identifies the increasing awareness of personal grooming is the major driver for the skincare market's growth in the forecast period. Personal grooming is keeping one's body clean, maintaining hygiene, well-groomed nails and hair, avoiding body odor, and dressing appropriately. Skincare helps with personal grooming as it is essential for maintaining healthy and appealing skin through the use of skincare cosmetics such as serums, moisturizers, exfoliators, body lotions, and eye creams. For instance, in October 2022, a survey of 1000 men and women in the US conducted by the New York Post, a US-based newspaper, about the differences in how both genders take care of their hygiene discovered that while 73% of men and women stated taking care of their hygiene is simple, only one in ten women agreed. The majority of people (90%) favor washing their hands and bodies over brushing their teeth (87%) or using deodorant (84%). Men are more likely to maintain a schedule for trimming their nails (69%) and shaving their faces (74%).
The global skincare market size is expected to grow from $125.08 billion in 2022 to $134.10 billion in 2023 at a compound annual growth rate (CAGR) of 7.2%. 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 skincare market is expected to reach $170.42 billion in 2027 at a CAGR of 6.2%.
Download Free Sample Of Skincare Market Report -
https://www.thebusinessresearchcompany.com/sample.aspx?id=11986&type=smp
Major competitors in the skincare market are Cardinal Health Inc., Johnson & Johnson, LVMH Moët Hennessy Louis Vuitton S.E., Procter & Gamble Company, Unilever PLC, Betco Corporation, L'Oréal S.A, 3M Company, Amorepacific Group, Henkel AG And Co. KGaA, Colgate-Palmolive Company.
A key trend in the skincare market includes product innovations. Companies operating in the skincare market are adopting innovative products to sustain their position in the market. For instance, in April 2023, AW Faber-Castell Cosmetics GmbH, a Germany-based cosmetics manufacturer, launched a mechanical makeup pencil that can be recharged. It is an innovative design for a refillable pencil for cosmetic formulas and a part of their new Protopia line of cosmetic and skincare pencils. The rechargeable pencil offers two distinct vegan and clean textures for lips, eyes, and brows.
Read More On The Global Skincare Market Report Here:
https://www.thebusinessresearchcompany.com/report/skincare-global-market-report
The skincare market is segmented -
• By Product Type: Creams, Lotions, Powders, Sprays, Other Products
• By Packaging Type: Tube, Bottle, Jar, Other Packaging
• By Gender: Men, Women
• By Distribution channel: Stores, Supermarkets, Online, Other End-Users
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the skincare market.
The Business Research Company's "Global Skincare 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.
Explore Buying Options For The Skincare Market Report Here:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=11986
The Table Of Content For The Skincare Market Include:
1. Executive Summary
2. Skincare Market Characteristics
3. Skincare Market Trends And Strategies
4. Skincare Market - Macro Economic Scenario
5. Skincare Market Size And Growth
……………
27. Skincare Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Skincare Market
29. Skincare Market Future Outlook And Potential Analysis
30. Appendix
Contact us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 8897263534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Latest Trending Press Releases: https://www.thebusinessresearchcompany.com/press-release.aspx
Want To Know More About The Business Research Company?
The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialise in various industries including manufacturing, healthcare, financial services, chemicals, and technology.
Global Market Model - World's Most Comprehensive Database
The Business Research Company's flagship product, Global Market Model (www.thebusinessresearchcompany.com/global-market-model) is a market intelligence platform covering various macroeconomic indicators and metrics across 60 geographies and 27 industries. The Global Market Model covers multi-layered datasets which help its users assess supply-demand gaps.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Unlocking the Secrets of the Skincare Industry: A Comprehensive Report on Current Trends and Future Forecasts || Cardinal Health Inc., Johnson & Johnson, LVMH Moët Hennessy Louis Vuitton S.E here
News-ID: 3219940 • Views: …
More Releases from The Business research company
Demand Response Management Systems Market Size, Industry Analysis, Overview, Key …
The demand response management systems market size has grown exponentially in recent years. It will grow from $47.07 billion in 2023 to $60.58 billion in 2024 at a compound annual growth rate (CAGR) of 28.7%. The growth in the historic period can be attributed to increasing energy demand, cost savings for consumers, increasing focus on energy efficiency, regulatory support and policy initiatives, increased awareness.
The demand response management systems…
Customer Self-Service Software Market To Reach $40.55 Billion, Says The Business …
The customer self-service software market size has grown exponentially in recent years. It will grow from $15.53 billion in 2023 to $18.64 billion in 2024 at a compound annual growth rate (CAGR) of 20.0%. The growth in the historic period can be attributed to cost reduction and efficiency, increased customer expectations, mobile and online accessibility, 24/7 availability, scalability for growing businesses, enhanced customer experience.
The customer self-service software market…
Content Services Platforms Market Size, Competative Analysis And Growth To Reach …
The content services platforms market size has grown exponentially in recent years. It will grow from $52.16 billion in 2023 to $62.61 billion in 2024 at a compound annual growth rate (CAGR) of 20.0%. The growth in the historic period can be attributed to transition to digital content, rise of enterprise content management (ecm), collaboration tools integration, mobility and accessibility, content analytics and search capabilities.
The content services platforms…
Cooling Growth : Insights Into The Booming Companion Animal Pharmaceuticals Mark …
The companion animal pharmaceuticals market size has grown strongly in recent years. It will grow from $15.23 billion in 2023 to $16.63 billion in 2024 at a compound annual growth rate (CAGR) of 9.2%. The growth in the historic period can be attributed to humanization of pets, preventive healthcare measures, rise in pet insurance, changing lifestyle and urbanization, zoonotic disease concerns, zoonotic disease concerns, veterinary healthcare accessibility.
The companion…
More Releases for Skincare
Global Probiotic Cosmetic Products Market | Key players are Esse Skincare, Estee …
The market size of the Global Probiotic Cosmetic Products Market in the year 2021 is valued at 294.93 million and is predicted to reach 556.71 million by the year 2030 at an 7.6% CAGR during the forecast period.
Curious about this latest version of report? Obtain Report Details @ https://www.insightaceanalytic.com/report/global-probiotic-cosmetic-products-market/1279
Probiotic skin care cosmetics are products that aid in the optimization of the therapeutic properties of the beneficial microorganisms found in our…
Copper Peptide Skincare Market to Show Incredible Growth by 2028 | INNOVATIVE SK …
This Copper Peptide Skincare market report covers business predictions for the years 2022-2028, as well as corporate strategy and industry size. It goes into competitive environment evaluation, which covers key demographics, classification, and customer performance. By providing an overview of the marketplaces and market-related statistics, this market study also aids firm participants in maximizing their industry presence. The market is additionally segmented based on application, product category, end user, and…
OVE Skincare Review
Females are extraordinarily into getting good seems and preserving sparkling pores and skin. Since the beginning of time, it has been a myth for the ladies to have the pleasant possible looks for themselves, and for that, healthful and sparkling pores and skin could be very essential. Especially the face needs to be freed from any sort of flaws for the women to approve their seems. With pollutants and unhealthy…
Skincare Market 2019
Global Skincare Market 2019-2025:
According to the Global Skincare Market report, the market is expected to reach the value of $XX million at the end of the forecast period of 2018 – 2025, showing good progress, rising at a CAGR of XX%. The global Skincare Market report covers a detailed analysis of the Skincare Market including the various parameters on which the Skincare Market is analyzed such as…
Skincare Ingredients Manufacturers in U.S. eyeing Asian Skincare Trends as Inspi …
The U.S. market for skincare is highly saturated, with brands facing challenges to cater growing consumer demand for simplicity and their routine shopping behavior, which in turn is keeping product trials in check. Focusing on unique provisions for capturing the consumer attention, such as on-the-go formats and Korean skincare trends, are likely to nurture category growth. Eco-ethical claims are also anticipated to mount, with familiar, food-derived ingredients including Manuka honey…
Success Case Study: The Ordinary Skincare - A brand Offering Reasonably Priced, …
A fresh report has been added to the wide database of Market Research Hub (MRH). The research study is titled “Success Case Study: The Ordinary Skincare” which encloses important data about the production, consumption, revenue and market share, merged with information related to the market scope and product overview. "Success Case Study: The Ordinary Skincare", is part of Market Research HUB’s Successes and Failures research. It examines the details…
