Press release
Face Creams Market 2024 | Market Overview, Business Opportunities, Industry Share And Forecast To 2033
Face Creams Marke
The Business Research Company's Face Creams Global Market Report 2024 identifies rising demand for natural and organic face creams as the major driver for the Face Creams market's growth in 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. Face cream manufacturers are focusing on developing products using natural ingredients such as aloe vera, clay, hyaluronic acid, antioxidants, coconut, avocado, jojoba, argan oil, carrot seed extracts, sunflower, and olive oil.
The face creams market size has grown rapidly in recent years. It will grow from $16.23 billion in 2023 to $17.88 billion in 2024 at a compound annual growth rate (CAGR) of 10.1%. The growth in the historic period can be attributed to skincare awareness, aging population, beauty and wellness trends, retail distribution. The face creams market size is expected to see rapid growth in the next few years. It will grow to $26.24 billion in 2028 at a compound annual growth rate (CAGR) of 10.1%.
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Major competitors in the Face Creams market are Johnson & Johnson Services Inc., L'Oreal S.A., Procter & Gamble Co., The Estee Lauder Companies Inc., Unilever N.V., Alticor Inc.
Major companies operating in the face cream market are focusing on developing innovative products, such as face cream and eye cream, to sustain their position in the market. Face cream and eye cream are skincare products designed to address specific needs of the facial skin, particularly the face and the delicate skin around the eyes. For instance, in October 2023, Sanitas, a Spain-based insurance company, launched Collagen + Elastin Face Cream and Collagen + Elastin Eye Cream. This product is designed to improve skin elasticity and reduce the appearance of fine lines and wrinkles. It is a wrinkle-fighting lotion with clinical proof that helps the skin get rid of old cells and offers a massive amount of rich moisture.
Read More On The Global Face Creams Market Report Here:
https://www.thebusinessresearchcompany.com/report/face-creams-global-market-report
The Face Creams market is segmented -
• By Type: Moisture, Healing, Anti-aging, Other Types
• By Age: 0-1, 2-25, 26-40, 41-55, >55
• By Gender: Female, Male
• By Distribution Channel: Multi-Brand Retail Outlets, Online Platforms, Supermarkets/ Hypermarkets, Exclusive Retail Stores, Beauty Parlors/ Salons
• By Application: Oil Skin, Dry Skin, Neutral Skin, Sensitive Skin, Other Applications
• 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.
The Business Research Company's "Global Face Creams Market Report 2024" 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 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. Global Face Creams Market Size and Growth
……………………………………………….
31. Global Face Creams Market Competitive Benchmarking
32. Global Face Creams Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Face Creams Market
34. Face Creams Market Future Outlook and Potential Analysis
35. Appendix
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