Facial Care Products Market 2024-2028
The facial care products market is forecasted to grow by USD 39.9 bn during 2023-2028, accelerating at a CAGR of 6.51% during the forecast period. The report on the facial care products market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing per capita income and changing purchase behavior, modern-day lifestyle changes and growing facial skin-related issues, and rising beauty consciousness among people.
Technavio's facial care products market is segmented as below:
- By Product
- Creams and moisturizers
- Cleansers
- Sunscreen and sun protection products
- Facial wipes
- Others
- By Distribution Channel
- Offline
- Online
- By Geographical Landscape
- APAC
- North America
- Europe
- South America
- Middle East and Africa
This study identifies the introduction of multifunctional products as one of the prime reasons driving the facial care products market growth during the next few years. Also, increasing adoption of e-commerce and growing preference for organic facial care products will lead to sizable demand in the market.
The report on the facial care products market covers the following areas:
- Facial care products market sizing
- Facial care products market forecast
- Facial care products market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading facial care products market vendors that include Amorepacific Corp., Amway Corp., Beiersdorf AG, Chanel Ltd., Colgate Palmolive Co., Conair Corp., Coty Inc., Groupe Clarins, Himalaya Global Holdings Ltd., Johnson and Johnson Services Inc., Kao Corp., LOreal SA, Lotus Herbals Pvt. Ltd., Mary Kay Inc., Nature Republic OC, Oriflame Cosmetics S.A., Shiseido Co. Ltd., The Estee Lauder Companies Inc., The Procter and Gamble Co., and Unilever PLC. Also, the facial care products market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.