Facial Care Products Market | Leading Segments, Trends, Drivers and Challenges
Market Segments and Growth Analysis 2021-2025
The Global facial care products market is expected to grow by $ 32.98 bn, accelerating at a CAGR of 6.05% 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.
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Facial Care Products Market: Segments and Leading Regions
This research report will provide insights into the current market share of each segment along with growth projections for the next five years.
- Market is segmented Product (Creams and moisturizers, Cleansers, Sunscreen and sun protection products, Facial wipes, and Others), Geography (APAC, North America, Europe, South America, and MEA), and Distribution Channel (Offline and Online).
- The APAC region emerged as the leading segment in recent years. 48% of the market growth will originate from APAC during the forecast period. This report provides an accurate prediction of the contribution of all the geographic segments to the growth of the Facial Care Products Market size.
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Facial Care Products Market: Trends, Drivers, Challenges
The research report looks at the impact of various trends, drivers, and challenges for market growth during the forecast period. These insights will enable clients to design a growth strategy for their business and area of operations.
- A significant factor in driving the growth of the Facial Care Products Market will be the increasing per capita income and changing purchase behavior.
- Modern-day lifestyle changes and growing facial skin-related issues is another factor that will be instrumental in driving market growth during the forecast period.
- Harmful side effects and animal testing is a challenge that needs to be overcome to persist on the path to growth and recovery from the impact of the pandemic.
Facial Care 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.
- Amorepacific Group, Amway Corp., CHANEL Ltd., Groupe Clarins, Conair Corp., LOreal SA, The Procter and Gamble Co., Shiseido Co. Ltd., The Estee Lauder Companies Inc., and Unilever Group are some of the major market participants.
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The report provides insights into the following FAQs:
- What is the market CAGR?
The market is accelerate at a CAGR of 6.05%.
- What is the incremental growth of the market?
The market is expected to grow by $ 32.98 bn through 2021-2025.
- What is a key factor driving this market?
Increasing per capita income and changing purchase behavior will drive market growth over the forecast period.
- What are the key regions covered in this market research report?
APAC, North America, Europe, South America, and MEA are the key regions featured in this research report.
- Which is the leading geographic region for this market:
48% growth will originate from APAC
- Who are the leading market vendors?
The leading vendors in this market are Amorepacific Group, Amway Corp., CHANEL Ltd., Groupe Clarins, Conair Corp., LOreal SA, The Procter and Gamble Co., Shiseido Co. Ltd., The Estee Lauder Companies Inc., and Unilever Group
- What are the market segments covered in this report?
The market is segmented by Product (Creams and moisturizers, Cleansers, Sunscreen and sun protection products, Facial wipes, and Others), Geography (APAC, North America, Europe, South America, and MEA), and Distribution Channel (Offline and Online)