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Sensitive Skin Care Products Global Market 2024 - Growth Opportunities, Top Countries, Future Trends, Revenue And Outlook 2033
Sensitive Skin Care Products Global Market
As per the report, the sensitive skin care products market size has grown strongly in recent years. It will grow from $40.75 billion in 2023 to $44.36 billion in 2024 at a compound annual growth rate (CAGR) of 8.9%. The sensitive skin care products market size is expected to see strong growth in the next few years. It will grow to $62.61 billion in 2028 at a compound annual growth rate (CAGR) of 9%.
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Skin Sensitivities And Allergies Propel The Growth Of The Sensitive Skin Care Products Market
The growing prevalence of skin sensitivities and allergies is expected to propel the growth of the sensitive skin care products market going forward. Skin sensitivities and allergies refer to adverse reactions or responses that occur when the skin comes into contact with certain substances or allergens. Skin sensitivities and allergies are caused by external factors such as increasing pollution and irritant exposure, genetic predispositions, dietary factors, and the widespread use of skincare and cosmetic products that include potentially allergic or irritating components. Sensitive skin care products play a crucial role in managing skin sensitivities and allergies by providing gentle and soothing ingredients that minimize irritation and reduce the risk of adverse reactions. For instance, in September 2022, according to the UK Health Security Agency (UKHSA), a UK-based national executive agency, the percentage of Methicillin-resistant Staphylococcus aureus (MRSA) cases caused by skin and soft tissue infections increased to 33.7% in 2022 from 2021. Moreover, MRSA cases increased by 25.7% in the financial year from April 2020 to March 2021. Therefore, the growing prevalence of skin sensitivities and allergies drives the growth of the sensitive skin care products market.
Advancements In Skincare Technologies Transforming Sensitive Skin Care Products
Major companies operating in the sensitive skin care products market are focusing on developing innovative trihex skincare technology to enhance product efficacy and address specific skin concerns. TriHex technology is an exclusive innovation crafted to bolster the skin's inherent repair mechanisms and optimize outcomes from skin rejuvenation treatments. For instance, in October 2021, Alastin Skincare, a US-based skincare technology company, launched the sensitive skin collection featuring the Ultra calm cleansing cream, ultra-light moisturizer with TriHex technology, and Silk Shield All-Mineral Sunscreen SPF 30 with TriHex technology. It is created with ultra-calming, refreshing ingredients and is intended to treat naturally sensitive or post-cosmetic treatment skin effectively.
The sensitive skin care products market covered in this report is segmented -
1) By Product: Face Care, Body Care, Lip Care
2) By Gender: Male, Female
3) By Distribution Channel: Supermarkets And Hypermarkets, Specialty Stores, Pharmacy And Drugstores, Online, Other Distribution Channels
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Major companies operating in the sensitive skin care products market are Johnson & Johnson Services Inc., Procter & Gamble Company, Unilever PLC, L'Oréal S.A., Colgate-Palmolive Company, The Estée Lauder Companies Inc., Kao Corporation, Beiersdorf AG, Shiseido Co. Ltd., Avon Products Inc., Clinique Laboratories LLC, Galderma Laboratories, Amorepacific Corporation, Mary Kay Inc., Pierre Fabre SA, The Body Shop International Limited, Revlon Inc., Hain Celestial Group, Neutrogena Corporation, Tatcha LLC, Davines Group, Pevonia International LLC, La Roche-Posay, Sebapharma GmbH & Co. KG
Contents of the report:
1. Executive Summary
2. Sensitive Skin Care Products Market Report Structure
3. Sensitive Skin Care Products Market Trends And Strategies
4. Sensitive Skin Care Products Market - Macro Economic Scenario
5. Sensitive Skin Care Products Market Size And Growth
…..
27. Sensitive Skin Care Products Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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