Global Skincare Market to be Driven by Growing Demand for Organic Skincare Productsby Dannysm Sm MARKET RESEARCH
A new market research report by Transparency Market Research on the global skincare market points out the key factors affecting the growth of the market. The report, titled “Skincare Market - Global Industry Size, Share, Trends, Analysis, and Forecasts 2012 - 2018,” offers an overview of the global skincare market and projects the growth prospects and valuation of the market during the period between 2012 and 2018. The report further studies the global skincare market on the basis of product type, consumer demographic, and application. Profiles of some of the key players in the market have also been included in the report.
With growing awareness about personal care and hygiene, the demand for skincare products has surged. Skincare products include medical as well as cosmetic products. While medical products address skin-related ailments such as rashes, cosmetic products are aimed at enhancing beauty. While chemical-based skincare products are extensively available in the market, the growing demand for organic and natural skincare products has created new opportunities for the market players.
The report points out that the introduction of innovative skincare products has propelled the growth of the global skincare market. The evolution of manufacturing technology and effective outcomes of skincare products have further boosted the demand from the market. The growing demand for anti-aging products is expected to define the future outlook of the market. However, the ban on the testing of skincare products on animals in many regions, coupled with the growing concerns over the various side-effects of chemicals in skincare products, is expected to restrain the growth of the global skincare market during the forecast period.
On the basis of product type, the report segments the global skincare market into cleansers, moisturizers, anti-UV products, facial care products, anti-aging hand and body lotions, skin whitening products, sun care bar and liquid soaps, and personal wash products. The report studies the demand for each of the product types during the forecast period.
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The report studies the skincare market across four key regions: North America, Europe, Asia Pacific, and Rest of the World. North America and Europe are the leading regions in the market. However, during the forecast horizon, Asia Pacific is expected to register promising growth owing to the rising concerns over personal hygiene.
Describing the competitive landscape, the report profiles some of the Key Players in the global skincare market such as Unilever, Private Label, Bristol-Myers Squibb, Warner-Lambert, Johnson & Johnson, Beiersdorf, Jergens, and Cosmair. The key players mostly dominate the U.S. and Asia Pacific skincare market. Due to the concerns over chemical-based skincare products, the key players are focusing on developing organic and natural skincare products.
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