Facial Care Market Growth, Trends, COVID-19 Impact And Forecast To 2029

Published: 2024-07-02
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Author: NikhatS
Published in: Arts & Entertainment

Facial Care Market Growth, Trends, COVID-19 Impact And Forecast To 2029

Facial Care Market Growth or Demand Increase or Decrease for what contain:

The market is saturated with anti-aging goods like eye cream, face cream, serum, and wrinkle cream. The need for such products is also being blasted by issues like pollution and harsh water conditions. People are becoming more and more aware of how pollution affects their skin. In the UK, around 80% of consumers are aware of how stress from daily life affects their skin.

Facial Care CAGR Estimation:

A growing number of manufacturers are attempting to break into this lucrative market using a variety of strategies, such as product innovation and mergers and acquisitions, as a result of the growing interest in anti-aging skincare products for younger skin and skincare products enriched with vitamins C, E, collagen, and other ingredients to delay ageing.

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Facial Care Market Segmentation:

by Age

0–25 Years
26–40 Years
41–55 Years
Above 55 Years
by Product

Skin-whitening & anti-ageing
Facial Creams
Face Wash
Cleansing Wipes
Serums & Masks
Others
by Gender

Male
Female
Unisex

By Gender, the female segment held the largest market share of nearaly 64.5% in 2023. This is due to women becoming more financially independent and having more money to spend on personal care items. The demand for facial care products has also been dramatically expanding globally owing to the growing number of professionals from the working class. Additionally, it is anticipated that a key trend will continue to be the growing business sector and the increasing significance of looking presentable. Global market growth is being fuelled by the rising importance of items with multiple uses as well as growing distribution channels.
by Distribution Channel

Hypermarket/Supermarket
Convenience Store
Online

Facial Care Market Overview:

The market for facial care is growing rapidly on a global scale. This market is for goods that improve the quality of facial skin, deal with skin problems, and produce a pleasing and satisfying appearance. The market for skincare is expanding more quickly than any other area of the beauty business. In the US last year, sales of skincare products increased by 13% while those of makeup only increased by 1%. In that time, the growth of online beauty merchants was 24%, with skincare taking the lead. The best-selling category on Net-a-beauty Porter's page is skincare, which increased 40% over the previous year.

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Facial Care Market Growth or Demand in which regions??

With the largest revenue share in 2023, the Asia Pacific region will continue to dominate the worldwide market. This growth is attributable to the presence of a huge population of young and old people, rising penetration of foreign market participants in the Asia Pacific, and expanding disposable incomes of the general public. The increased use of social media and e-commerce in the area has furthered these tendencies. Additionally, facial creams such sunscreen, anti-aging products, and skin whitening products are widely used in the Asia Pacific market to improve skin tone.

Facial Care Market Scope and Methodology:

The team provides a long-term performance analysis of the industry while also looking at various industrial segments and strategic postures. This will assist our clients in better planning their upcoming investments, lowering risk, understanding cost dynamics, and maintaining balance in the face of market volatility. An examination of how the COVID-19 epidemic has affected global supply chains, demand dynamics, and consumer spending patterns. A list of several ongoing development projects from various industries is followed by information on key projects that are in the development stage and may have a positive or negative impact on the global facial care market.

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Facial Care Market Key Players

1. Makeup Geek LLC (US)
2. Morphe Brushes & Cosmetics (US)
3. The Estee Lauder Companies Inc. (US)
4. Procter & Gamble Company (US)
5. Edgewell Personal Care (US)
6. Leonor Greyl USA (US)
7. Aveda Corporation (US)
8. Kiehl’s (US)
9. Amway Corporation (US)
10.Conair Corporation (US)
11.Johnson & Johnson Services, Inc. (US)
12.Burberry (UK)
13.Unilever plc (UK)
14.Body Shop International Limited (UK)
15.Avon Products, Inc. (UK)
16.Beiersdorf AG (Germany)
17.L’Oréal S.A. (France)
18.Chanel SA (France)
19.Oriflame Holding AG (Switzerland)
20.Oriflame Cosmetics (Switzerland)
21.Shiseido Company, Limited (Japan)
22.Kao Corporation (Japan)
23.Himalaya Wellness Company (India)
24.Lotus Herbals Pvt, Ltd. (India)
25.TesterKorea (South Korea)

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Key questions answered in the Market are:

• What is Facial Care Market ?
• What is the growth rate of the Facial Care Market?
• Which are the factors expected to drive the Facial Care market growth?
• What are the different segments of the Facial Care Market?
• What growth strategies are the players considering to increase their presence in Facial Care ?
• What are the upcoming industry applications and trends for the Facial Care Market?
• What are the recent industry trends that can be implemented to generate additional revenue streams for the Facial Care Market?
• What major challenges could the Facial Care Market face in the future?
• What segments are covered in the Facial Care Market?
• Who are the leading companies and what are their portfolios in Facial Care Market?
• What segments are covered in the Facial Care Market?
• Who are the key players in the Facial Care market?

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