Facial Care Product Market Scope
The cosmetics and private care industry is one every of the fastest-growing consumer products sectors in India with a robust potential for foreign companies. The private care and cosmetics sector in India has shown continued strong growth, with increasing shelf space in retail stores and boutiques in India, stocking cosmetics from around the world. According to The Skin Cancer Foundation, quite 90 percent of the visible changes commonly attributed to skin aging are caused by the sun. Chronic exposure to the sunís ultraviolet rays both UVA and UVB breaks down collagen fibers and elastin (vital to the skinís supple appearance) and interferes with the bodyís immune and repair systems. It also contributes to the formation of free radicals (unstable oxygen molecules that attack healthy cells and permanently damage our DNA), resulting in premature skin aging and, in some cases, cancer.
The Facial Care Product market study is segmented by Type (BB Creams, Anti-Aging Creams, Moisturizers, Cleansing Wipes, Masks & Serums and Others), by Application (Face Wash, Cleansing Wipes, Skin-Whitening Creams, Anti-Aging Creams and Others) and major geographies with country level break-up.
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Research Analyst at AMA estimates that United States Vendors will contribute to the maximum growth of Global Facial Care Product market throughout the predicted period.
LíOreal (France), Procter and Gamble (United States), Unilever (United Kingdom), Estee Lauder Company (United States), Johnson & Johnson (United States), Alticor Inc. (United States), The Body Shop International Limited (United Kingdom), Avon Products Inc. (United States), Shiseido Company Limited, Burberry Group PLC (United Kingdom), Kao Corporation (Japan) and Edgewell Personal Care (United States) are some of the key players that are part of study coverage.
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
AMA Research has segmented the market of Global Facial Care Product market by Type, Application and Region.
On the basis of geography, the market of Facial Care Product has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
FDA regulates cosmetics under the Federal Food, Drug and Cosmetic Act (FD&C Act). Under this law, cosmetics must not be adulterated or misbranded. For example, they must be safe for consumers under labeled or customary conditions of use, and they must be properly labeled. Any color additives they contain must be approved for the intended use, and some must be from batches certified in FDAís own labs.
- Increasing Trends of Online Sales of Organic Face Care Products
- Increasing Number of the Working Class Professionals Has Been Boosting the Demand
- Rising Consciousness among People
- High Growth Potential from Emerging Economies
- Changing Lifestyle of Consumers
- Smaller Companies in the Market Often Resort to Offering Cheaper Substitutes to Cater the Consumer Demand
- Maintaining the Natural Properties of Ingredients
Key Target AudienceManufacturers of Facial Care Products, Suppliers of Facial Care Products, Wholesalers, Distributors and Retailers of Facial Care Products, Cosmetic Industry, Regulatory Bodies and Others
Frequently Asked Questions (FAQ):
1. Is it possible to have certain customization in the study?
The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a study that suits your business objectives.
2. How big is the Facial Care Product Market?
Yes, the study does represent market size by key business segment, application/end users and major geographies forecasted till 2026.