Facial Care Market Is Trending And Growing at Incredible CAGR of 5.0% Focusing on Top Key Companies like: Procter and Gamble & Estee Lauder Company | Radiant Insights, Inc.

November 11 07:30 2019
Facial Care Market Is Trending And Growing at Incredible CAGR of 5.0% Focusing on Top Key Companies like: Procter and Gamble & Estee Lauder Company | Radiant Insights, Inc.

Radiant Insights, Inc.
RadiantInsights.com added Most up-to-date research on “Facial Care Market Size, Share & Trends Analysis Report By Product, By Distribution Channel, By Application, By Region, And Segment Forecasts, 2019 – 2025” to its huge collection of research reports.

The global Facial Care Market size is expected to reach USD 132.7 billion by 2025, expanding at a CAGR of 5.0% over the forecast period. Increasing use of face cosmetic products to improve skin conditions and growing facial consciousness are expected to have a positive impact on the industry growth over the forecast period. Over the past few years, introduction of new products including BB creams, moisturizers, anti-aging creams, skin toners, cleansing wipes, and masks and serums by key personal care companies including L’Oreal and Procter and Gamble have remained prominent trends in the market.

Asia Pacific accounted for the largest share of the overall market owing to convenient supply of raw materials, economic growth, and new product launches in emerging economies, including China and India. The market in Asia Pacific is anticipated to gain momentum due to high demand from developing countries like India and China, which together accounted for more than 70.0% share of the overall revenue in 2018.

The facial care market is highly competitive in terms of launching new product variants and pricing. Major manufacturers in the market are investing in R&D to introduce new products and meet the growing consumer demand for enhancing skin appearance. This is, in turn, likely to propel growth of the market in the near future.

Skin-whitening and anti-ageing are the latest trends in the market, which has enabled the manufacturers to customize the products accordingly to meet desired specifications given by users. Facial creams has been the largest application segment for this product, wherein the primary purpose behind their use is to moisturize, hydrate, and improve fairness of the skin in order to get younger-looking skin.

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Further key findings from the study suggest:

• Europe is expected to expand at a CAGR of 5.3% over the forecast period owing to increasing preference of consumers to maintain healthy and glowing skin in key countries including Germany and U.K.

• Facial creams accounted for 25.9% share of the overall revenue in 2018 as a result of increased demand to treat tired or ageing skin, add glow, and improve skin conditions

• The U.S. facial care market is projected to reach USD 25.0 billion by 2025, wherein the major share is held by companies such as Procter and Gamble, Estee Lauder Company, and P&G Co.

• Facial creams in U.K. generated a revenue of USD 2.4 billion in 2018.

Table of Contents

Chapter 1. Methodology and Scope

                    1.1. Market Segmentation & Scope

                    1.2. Market Definition

                    1.3. Information Procurement

                         1.3.1. Purchased Database

                         1.3.2. GVR’s Internal Database

                         1.3.3. Secondary Sources & Third-Party Perspectives

                         1.3.4. Primary Research

                    1.4. Information Analysis

                         1.4.1. Data Analysis Models

                    1.5. Market Formulation & Data Visualization

                    1.6. Data Validation & Publishing

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Chapter 2. Executive Summary

                    2.1. Market Outlook

                    2.2. Segmental Outlook

                    2.3. Competitive Insights

Chapter 3. Facial Care Market Variables, Trends & Scope

                    3.1. Market Introduction

                    3.2. Penetration & Growth Prospect Mapping

                    3.3. Industry Value Chain Analysis

                         3.3.1. Sales/Retail Channel Analysis

                         3.3.2. Profit Margin Analysis

                    3.4. Market Dynamics

                         3.4.1. Market Driver Analysis

                         3.4.2. Market Restraint Analysis

                         3.4.3. Industry Challenges

                         3.4.4. Industry Opportunities

                    3.5. Business Environment Analysis

                         3.5.1. Industry Analysis – Porter’s

                     Supplier Power

                     Buyer Power

                     Substitution Threat

                     Threat from New Entrant

                     Competitive Rivalry

                    3.6. Roadmap of Facial Care Market

                    3.7. Market Entry Strategies

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About Radiant Insight

Radiant Insights is a market research and consulting company offering syndicated research studies, customized reports, and consulting services. Our market research studies are designed to facilitate strategic decision making, on the basis of extensive and in-depth quantitative information, supported by extensive analysis and industry insights. Using a patented and robust research methodology, we publish exhaustive research reports covering a host of industries such as Technology, Chemicals, Materials, and Energy. Radiant Insights has a strong base of analysts, consultants and domain experts, with global experience helping us deliver excellence in all research projects we undertake.

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