Antioxidant Cosmetic Products Market Size to Grow by $ 17.87 bn through 2021-2025
Technavio research projects the antioxidant cosmetic products market to grow by $ 17.87 bn, accelerating at a CAGR of almost 8% till 2025. The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers along with competitive benchmarking View Free Sample Report
Antioxidant Cosmetic Products Market: Key Market Driver
One of the primary factors that will trigger the growth of the antioxidant cosmetic products market size is Product innovation and portfolio extension. This research report provides a comprehensive analysis of all the factors that are likely to propel market growth, taking into account the market trends as well as challenges that are likely to impede growth. The objective of this research report is to equip clients with actionable insights that will help them leverage opportunities and formulate growth strategies for their business.
Antioxidant Cosmetic Products Market: Vendor Analysis
The market is fragmented due to the presence of several players. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. Coty Inc., Natura & Co., Pierre Fabre SA, Revlon Inc., Shiseido Co. Ltd., The Clorox Co., The Estee Lauder Companies Inc., The Procter & Gamble Co., and Unilever Group are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.
Technavio also offers custom research reports with detailed insights assessing the market from a global as well as regional perspective. This customized report will help clients keep up with new product launches in direct & indirect or related markets. It will also provide insights on upcoming developments along with a pipeline analysis of vendor operations and the impact of government regulations.
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The Global Antioxidant Cosmetic Products Market is expected to grow by USD 17.87 billion, accelerating at a CAGR of almost 8% during the forecast period. Technavio’s research report traces the growth trajectory of the market and provides a detailed analysis of the prevalent market forces, trends, and drivers which are likely to impact the market in focus. View our Free Sample Report
Antioxidant Cosmetic Products Market: Segmentation by Product
During 2020, the skincare segment accounted for a larger share of the market. Antioxidant cosmetic products are costlier than other regular cosmetic products. Aging spots, wrinkles, acne, dark spots, uneven skin tone, dandruff, hair loss, and hair dryness are some of the major beauty concerns that vendors focus on and add antioxidant ingredients to their cosmetic products. Antioxidants present in cosmetic products protect skin cells from getting damaged and slow down the aging process.
An increase in the number of organized retailers that provide shelf space for branded and private-label antioxidant cosmetic products in the global market is expected to drive the growth of the market during the forecast period. Target Corp. and ALDI Inc. are some major hypermarkets and supermarkets that offer a plethora of personal care products, including antioxidant cosmetic products. These retailers have a presence across the world, which helps them in improving the visibility of antioxidant cosmetic products from different brands.
Antioxidant Cosmetic Products Market: Vendor Analysis
The market is fragmented. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. Coty Inc., Natura & Co., Pierre Fabre SA, Revlon Inc., Shiseido Co. Ltd., The Clorox Co., The Estee Lauder Companies Inc., The Procter & Gamble Co., and Unilever Group are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.
Technavio forecasts three scenarios (optimistic, probable, and pessimistic) to evaluate the impact of COVID-19 Download a Free Sample Report. This customized report will help clients keep up with new product launches in direct & indirect COVID-19 related markets. It will also provide insights on upcoming developments along with pipeline analysis of vendor operations and the impact of government regulations.
