Cosmeceuticals Market

Cosmeceuticals Market by Product Types (Oral Care, Lip Care, Skin Care [Anti-ageing, Anti-acne, Moisturizers, Sun Protection, and Others], Hair Care [Shampoos & Conditioners, Hair Conditioners & Dyes, and Others]), Distribution Channels (Supermarkets, Online Retail Stores, Convenience Stores, Specialist Stores, and Others), and Regions (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028

  • Report ID: HC-1453
  • Author: Growth Market Reports
  • Rating: 4.7
  • Total Reviews: 2
  • No. Of Pages: 194
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The global cosmeceuticals market size is expected to expand at a significant CAGR during the forecast period, 2021–2028. The growth of the market is attributed to the rising awareness among consumers’ of its appearance, growing concern among people to maintain skin health without the use of chemicals.

Cosmeceuticals Market Key Takeaways

Cosmeceuticals refer to cosmetics containing bioactive ingredients with medicinal properties, which can be drugs, cosmetics, or both, just like cosmetics, they are used locally in the form of creams or lotions, but contain substances that affect the function of skin cells. They are commercially available as drugs. Advances in pharmaceuticals, biotechnology, natural products, and cosmetics companies have promoted the development of new active ingredients in the cosmetics industry.

Market Trends, Drivers, Restraints, and Opportunities

  • Increasing ageing population and rising consumer awareness is expected to boost the market during the forecast period.
  • Rapid growth of the cosmeceuticals industry due to rising demand of natural and herbal products for skin care is major factors fuelling the market.
  • Rising disposable income and consumer awareness among women about beauty is anticipated to drive the market during the forecast period.
  • High cost of natural and herbal cosmetic products and strict government regulation on raw materials are projected to restrict the market growth.
  • Increasing awareness among consumers about harmful effects of ingredients used in cosmetics act as major factors that can hamper the market growth during the forecast period.
  • R&D investment and technological advancement in cosmeceutical treatments and development of organic products are projected to offer significant opportunities for the market players.

Scope of the Report

The report on the global cosmeceuticals market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Cosmeceuticals Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2020

Historic Data

2018–2019

Forecast Period

2021–2028

Segmentation

Product Types (Oral Care, Lip Care, Skin Care [Anti-ageing, Anti-acne, Moisturizers, Sun Protection, and Others], Hair Care [Shampoos & Conditioners, Hair Conditioners & Dyes, and Others]), and Distribution Channels (Supermarkets, Online Retail Stores, Convenience Stores, Specialist Stores, and Others)

Regional Scope

Asia Pacific, North America, Latin America, Europe, and Middle East & Africa

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

Shiseido Company, Ltd.; L’Oreal SA; Unilever PLC; Avon Products Inc.; and Procter & Gamble

 

Market Segment Insights

The anti-ageing segment is projected to hold a major market share

On the basis of product types, the cosmeceuticals market is divided into lip care, oral care, skin care, and hair care. The skin care segment is further segregated into anti-ageing, anti-acne, moisturizers, sun protection, and others. The anti-ageing segment is expected to represent a key share of the market during the forecast period. With growing awareness, it has become particularly important for consumers to use preventive skin care products to protect their skin.

For example, 
cream can be used as sunscreen, as well as makeup essence, and moisturizer. However, the skin care segment is expected to show market growth as other skin care products guards the skin from exposure to harmful ultraviolet radiation can cause premature skin ageing and even skin cancer. This consumer awareness is raising consumer focus on the necessity of using preventive skin care products to protect the skin. It is expected that the demand for multifunctional products is estimated to drive the market during the forecast period. For example, in addition to makeup primer and moisturizer, BB cream can also be used as a cream blocker. Such products have become popular due to their convenience. On the other hand, the hair care segment is anticipated to expand at a rapid pace during the forecast period due to the increasing demand for products such as hair oils, hair dyes, shampoos, and conditioners. The benefits that shampoo provides, such as removing dandruff, dirt, and environmental pollutants, make it a popular everyday product.

Cosmeceuticals Market by product Types

The supermarket segment is expected to grow at a significant pace

Based on distribution channels, the cosmeceuticals market is segmented into supermarket, convenience stores, specialty stores, online retail stores, and others. The supermarket segment is expected to hold a key share of the market during the forecast period owing to active promotions and various marketing strategies of specialty store retailers and manufacturers. The online retail stores segment is anticipated to expand at a rapid pace during the forecast period owing to technological advancement and the popularity of technology among consumers, online sales channels are expected to grow significantly during the forecast period. Popular e-commerce companies such as amazon, nykaa, and flipkart have gained attention by selling their beauty products in certain areas with few specialty stores. This indirectly increases product sales through online platforms. In addition, discounts on the Internet are also higher than physical stores, which attract consumers and increase product sales.

 Asia Pacific is expected to dominate the market

On the basis of regions, the cosmeceuticals market is categorized as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. The Asia Pacific is anticipated to dominate the market during the forecast period. The region’s most stressful lifestyles, as well as deteriorating environmental conditions, have caused concerns about the skin. In addition, the Japanese people are among the most active consumers of cosmetics. Japan can be regarded as a gateway to other Asian markets not only in terms of scale, but also in terms of market trends and demand.

Cosmeceuticals Market by Regions

Segments

Segments Covered in the Report
The global cosmeceuticals market has been segmented on the basis of

Product Types

  • Oral Care
  • Lip Care
  • Skin Care
    • Anti-ageing
    • Anti-acne
    • Moisturizers
    • Sun Protection
    • Others
  • Hair Care
    • Shampoos & Conditioners
    • Hair Conditioners & Dyes
    • Others

Distribution Channels

  • Supermarket
  • Online Retail Stores
  • Specialty Stores
  • Convenience Stores
  • Others

Regions

  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa

Key Players

  • Shiseido Company, Ltd.
  • L’Oreal SA
  • Unilever PLC
  • Avon Products Inc.
  • Procter & Gamble

Competitive Landscape

Key players competing in the cosmeceuticals market include Shiseido Company, Ltd.; L’Oreal SA; Unilever PLC; Avon Products Inc.; and Procter & Gamble.

Some of these players are using several market strategies including mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to increase their market shares.

Cosmeceuticals Market by Key Players

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Cosmeceuticals Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Cosmeceuticals Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Cosmeceuticals Market - Supply Chain
  4.5. Global Cosmeceuticals Market Forecast
     4.5.1. Cosmeceuticals Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Cosmeceuticals Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Cosmeceuticals Market Absolute $ Opportunity
5. Global Cosmeceuticals Market Analysis and Forecast by Region
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Region
     5.2.2. Y-o-Y Growth Projections by Region
  5.3. Cosmeceuticals Market Size and Volume Forecast by Region
     5.3.1. North America
     5.3.2. Latin America
     5.3.3. Europe
     5.3.4. Asia Pacific
     5.3.5. Middle East and Africa (MEA)
  5.4. Absolute $ Opportunity Assessment by Region
  5.5. Market Attractiveness/Growth Potential Analysis by Region
  5.6. Global Cosmeceuticals Demand Share Forecast, 2019-2026
6. North America Cosmeceuticals Market Analysis and Forecast
  6.1. Introduction
     6.1.1. Basis Point Share (BPS) Analysis by Country
     6.1.2. Y-o-Y Growth Projections by Country
  6.2. North America Cosmeceuticals Market Size and Volume Forecast by Country
     6.2.1. U.S.
     6.2.2. Canada
  6.3. Absolute $ Opportunity Assessment by Country
  6.4. Market Attractiveness/Growth Potential Analysis
     6.4.1. By Country
     6.4.2. By Product Type
     6.4.3. By Application
  6.5. North America Cosmeceuticals Demand Share Forecast, 2019-2026
7. Latin America Cosmeceuticals Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
     7.1.3. Latin America Average Pricing Analysis
  7.2. Latin America Cosmeceuticals Market Size and Volume Forecast by Country
      7.2.1. Brazil
      7.2.2. Mexico
      7.2.3. Rest of Latin America
   7.3. Absolute $ Opportunity Assessment by Country
  7.4. Market Attractiveness/Growth Potential Analysis
     7.4.1. By Country
     7.4.2. By Product Type
     7.4.3. By Application
  7.5. Latin America Cosmeceuticals Demand Share Forecast, 2019-2026
8. Europe Cosmeceuticals Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Europe Average Pricing Analysis
  8.2. Europe Cosmeceuticals Market Size and Volume Forecast by Country
     8.2.1. Germany
     8.2.2. France
     8.2.3. Italy
     8.2.4. U.K.
     8.2.5. Spain
     8.2.6. Russia
     8.2.7. Rest of Europe
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. Market Attractiveness/Growth Potential Analysis
     8.4.1. By Country
     8.4.2. By Product Type
     8.4.3. By Application
  8.5. Europe Cosmeceuticals Demand Share Forecast, 2019-2026
9. Asia Pacific Cosmeceuticals Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Asia Pacific Average Pricing Analysis
  9.2. Asia Pacific Cosmeceuticals Market Size and Volume Forecast by Country
     9.2.1. China
     9.2.2. Japan
     9.2.3. South Korea
     9.2.4. India
     9.2.5. Australia
     9.2.6. Rest of Asia Pacific (APAC)
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Market Attractiveness/Growth Potential Analysis
     9.4.1. By Country
     9.4.2. By Product Type
     9.4.3. By Application
  9.5. Asia Pacific Cosmeceuticals Demand Share Forecast, 2019-2026
10. Middle East & Africa Cosmeceuticals Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Middle East & Africa Average Pricing Analysis
  10.2. Middle East & Africa Cosmeceuticals Market Size and Volume Forecast by Country
     10.2.1. Saudi Arabia
     10.2.2. South Africa
     10.2.3. UAE
     10.2.4. Rest of Middle East & Africa (MEA)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Market Attractiveness/Growth Potential Analysis
     10.4.1. By Country
     10.4.2. By Product Type
     10.4.3. By Application
  10.5. Middle East & Africa Cosmeceuticals Demand Share Forecast, 2019-2026
11. Competition Landscape
  11.1. Global Cosmeceuticals Market: Market Share Analysis
  11.2. Cosmeceuticals Distributors and Customers
  11.3. Cosmeceuticals Market: Competitive Dashboard
  11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     11.4.1. Shiseido Company, Ltd.
     11.4.2. L’Oreal SA
     11.4.3. Unilever PLC
     11.4.4. Avon Products Inc.
     11.4.5. Procter & Gamble

Segments Covered in the Report
The global cosmeceuticals market has been segmented on the basis of

Product Types

  • Oral Care
  • Lip Care
  • Skin Care
    • Anti-ageing
    • Anti-acne
    • Moisturizers
    • Sun Protection
    • Others
  • Hair Care
    • Shampoos & Conditioners
    • Hair Conditioners & Dyes
    • Others

Distribution Channels

  • Supermarket
  • Online Retail Stores
  • Specialty Stores
  • Convenience Stores
  • Others

Regions

  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa

Key Players

  • Shiseido Company, Ltd.
  • L’Oreal SA
  • Unilever PLC
  • Avon Products Inc.
  • Procter & Gamble

Key players competing in the cosmeceuticals market include Shiseido Company, Ltd.; L’Oreal SA; Unilever PLC; Avon Products Inc.; and Procter & Gamble.

Some of these players are using several market strategies including mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to increase their market shares.

Cosmeceuticals Market by Key Players

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