Global Cosmeceuticals Market cover

Global Cosmeceuticals Market by Types (Skin Care, Hair care, Lip Care, Oral Hygiene), Distribution (Hypermarkets and Supermarkets, Convenience Stores, Online Stores, Specialty Stores), 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: CG-2393
  • Author: Growth Market Reports
  • Rating: 4.9
  • Total Reviews: 2
  • No. Of Pages: 194
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The global cosmeceuticals market size is projected to expand at a CAGR of 8.81% during the forecast period. The growth of the market is attributed to increased consumer awareness about their physical appearance, rising desire of people to keep healthy skin without using chemicals, and rising consumer knowledge about the advantages of cosmeceuticals.

Global Cosmeceuticals Market summary

Cosmeceuticals are items that have both beauty and pharmaceutical qualities and are designed to improve the health and appearance of the skin. These products are similar to cosmetics in that they are applied topically as creams or lotions, but they also include an active component that affects the activities of skin cells. Some cosmeceutical products have a restricted activity (for example, exfoliate), whereas others can penetrate to deeper depths, boosting or restricting regular skin processes. Cosmeceutical products are sold over-the-counter and are used to improve skin tone, texture, pigmentation, and fine wrinkles as part of a normal skin care routine. Antioxidants, retinoid, exfoliate, peptides and proteins, and botanical extracts are popular components in cosmeceuticals.

The Covid-19 pandemic affected the demand and supply of cosmeceuticals market. Lockdown across the globe, supply chain disorders, and oscillating supply of raw materials forced manufacturers to shut down production leading to unfortunate decline in market growth. Launch of vaccines to combat the Covid-19 pandemic is expected to contribute to the market growth over the forecast period.

Market Trends, Drivers, Restraints, and Opportunities

  • Consumer’s growing awareness of their physical appearance is expected to fuel the market during the forecast period.
  • The launch of new products containing bio-active ingredients is critical in increasing cosmeceutical product demand across the world is major factor propelling the market in the coming years.
  • Rise of counterfeit and low-cost cosmetics are anticipated to hamper the market growth.
  • Increasing public knowledge of the negative consequences of chemicals used in cosmeceuticals act as major challenge that can hinder the market expansion in the coming years.
  • The use of technological advances such as plant stem cell and nanotechnology to develop new active ingredients are estimated to create lucrative 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

2021

Historic Data

2019–2020

Forecast Period

2021–2028

Segmentation

Types (Skin Care, Hair care, Lip Care, Oral Hygiene), Distribution (Hypermarkets and Supermarkets, Convenience Stores, Online Stores, Specialty Stores)

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

Avon Products Inc., L'Oréal S.A., Shiseido Company, Limited, Unilever plc., and Procter & Gamble

Market Segment Insights:

Skin Care dominates the segment for the forecast period

Based on types, the global cosmeceuticals market is segregated into skin care, hair care, lip care, and oral hygiene. The skin care segment is further divided into anti-acne, anti-ageing, sun protection, moisturizers, and others. Consumers, particularly the elderly, are increasingly seeking methods and products to maintain and improve their appearance in order to appear youthful and beautiful. Due to the increased frequency of external symptoms of ageing, middle-aged adults are increasingly experiencing ageing anxiety. Cosmeceuticals are anti-aging skin care products that blur the lines between cosmetics and medicines. The great desire among men and women to maintain their young features has nourished and cultivated the cosmetic business throughout the area.

Global Cosmeceuticals Market type

The hypermarkets & supermarkets segment is expected to grow at a rapid pace

On the basis of distribution, the cosmeceuticals market is segregated into hypermarkets and supermarkets, convenience stores, online stores, specialty stores. The hypermarkets & supermarkets segment is expected to represent a key share of the market during the forecast period. Due to availability of a wide products under one roof, adequate parking space, and convenient operating hours, hypermarkets and supermarkets are becoming increasingly popular. Furthermore, the popularity of hypermarkets in developed and emerging regions is boosted by urbanization, an increase in working-class population, and competitive pricing.

Asia-Pacific is expected to dominate the market

On the basis of regions, the market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. Asia Pacific is anticipated to dominate the market during forecast period. Despite the fact that the word cosmeceuticals recently gained popularity in China, it has quickly become one of the most popular product categories in the country. Consumers' busy and stressful lifestyles, as well as waning environmental conditions, have increased concern about skin problems among those looking for skin rejuvenation solutions.

Global Cosmeceuticals Market region

Furthermore, the Japanese people are among the most prolific cosmetics users, with the country ranking in the top five national markets for personal care goods. Japan may be considered a doorway to other Asian markets, not only in terms of size, but also in terms of trends and market demand.

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. Procter & Gamble
     11.4.2. Unilever
     11.4.3. L'Oréal SA
     11.4.4. Shiseido Co. Ltd
     11.4.5. The Estée Lauder Companies Inc.
     11.4.6. L'Oréal SA

Segments Covered in the Report

The global cosmeceuticals market is segmented on the basis of

Types

  • Skin Care
  • Haircare
  • Lip Care
  • Oral Hygiene

Distribution

  • Hypermarkets & Supermarkets
  • Convenience Stores
  • Online Stores
  • Specialty Stores

Regions

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

Key Players

  • Procter & Gamble
  • Unilever
  • L'Oréal SA
  • Shiseido Co. Ltd
  • The Estée Lauder Companies Inc.
  • L'Oréal SA

Key players competing in the cosmeceuticals market include Avon Products Inc., L'Oréal S.A., Shiseido Company, Limited, Unilever plc., and Procter & Gamble.
Some of these players are using several market strategies such as acquisitions, merger, collaborations, partnerships, capacity expansion, and product launches to enhance their market shares and to generate revenue and raise their production line of the business in the coming years.

Global Cosmeceuticals Market keyplayers

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