Global Sensitive Skin Product Market Overview:
Change in lifestyle patterns in emerging nations with rapid urbanization coupled with a rise in awareness towards advanced skincare products has led to an increase in demand for sensitive skin products. Rising awareness about natural ingredients used in skincare products is fueling the growth of the market. High prevalence of sensitive skin syndrome boosting demand for a sensitive skin product.
- High Prevalence of Sensitive Skin Syndrome
- Growing Need for Skin Care Products Owing To Changing Climatic Conditions
- Increasing Preference for Organic Ingredient based Skin Care Products
- High Cost of Skin Care Products
- Increasing Online Sales Channel for Skin Care Products
- Rising Demand from the Developing Economies
- High Competition by Low Priced Alternatives
The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products, and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies.
Some of the key players profiled in the report are L'Oréa S.A. (France), Unilever (United Kingdom), Beiersdorf Inc. (Germany), The Colgate-Palmolive Company (United States), The Estée Lauder Companies, Inc. (United States), Johnson and Johnson (United States), Avon Products, Inc. (United Kingdom), Shiseido Co., Ltd. (Japan), The Procter & Gamble Company (United States) and Lumene (Finland). Additionally, following companies can also be profiled that are part of our coverage like Revlon, Inc. (United States), Elizabeth Arden Inc (Switzerland) and Chanel Sa (France). Analyst at AMA Research see United States Vendors to retain maximum share of Global Sensitive Skin Product market by 2025. Considering Market by Distribution Channel, the sub-segment i.e. Supermarkets/Hypermarkets will boost the Sensitive Skin Product market. Considering Market by End User, the sub-segment i.e. Men will boost the Sensitive Skin Product market.
Latest Market Insights:
In March 2019, Unilever had acquired Garancia; is French derma-cosmetic brand that currently offers a range of 38 premium facial and body skincare products. The acquisition has been added many skincare products in Unilever’s product portfolio that is ultimately supplementing the growth of the company.
According to the FDA, companies, and individuals who manufacture or market cosmetics have a legal responsibility to ensure the safety of their products. Neither the law nor FDA regulations require specific tests to demonstrate the safety of individual products or ingredients. The law also does not require cosmetic companies to share their safety information with the FDA.
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
** Confirmation on availability of data would be provided prior to purchase
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Sensitive Skin Product market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Sensitive Skin Product market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Sensitive Skin Product Manufactures, Sensitive Skin Product Distributors and Suppliers, Potential Investors, Corporate Entities, Government and Private Research Organizations and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.