Facial Care Market Size & Forecast Report, 2015 - 2025

Synopsis:

In line with the report published by the experts, the range of the global Facial Care Market was appreciated at US$ 94.2 billion in 2018. It is expected to increase by a CAGR of 5.0% from 2019 to 2025 and extend up to US$ 132.7 billion by the completion of 2025.

In the cosmetics business, aesthetics is one of the speedily increasing sectors. The facial care industry comprises devices and products utilized for facial treatment to artistically increase the construction of facial fleshy tissue or else portions, for example, lips, eyes ears, or nose. Worry regarding fitness and growth in demand for innovative cosmetic products motivate the development of the global market for facial care.

Drivers:

Increasing cognizance about the significance of facial products to preserve healthy skin, increase the appearance of the skin, and decrease skin disorders is motivating the business of these products. Furthermore, the increasing power of expenditure of the employed class people in the developing economies comprising Brazil, India, and China is heading to a growth in demand for these products of beautification.

During the previous a small number of years, the products of facial care have funded to nearly 70.0% share of the general revenue in the market of skincare products. The manufacturing companies have recognized the importance of these products between customers and have moved their concentration in the direction of facial beauty products. The manufacturing companies have started their product promotions over several social media stages for example YouTube, Instagram, and Facebook, to publicize their products. Additionally, important companies have collaborated with diverse personalities and chosen them such as brand ambassadors of their products to fascinate additional clienteles.

Growth in the amount of beauty and dermatological treatment centers using better-quality substructures, and gush in medical tourism are more or less of the most important aspects backing the development of the global facial care market.

Restraints:

On the other hand, disapproving strategies of repayment, unreasonable rating & prices, in addition to the scarcity of knowledgeable specialists to execute processes of facial care in emerging nations are hampering the development of the global facial care industry.

Classification:

The global facial care market can be classified by Sales Network, Application, Product, and Region. By Sales Network, it can be classified as Convenience Store, Super and Hypermarkets, Online Stores, Pharmacies, Specialty Stores and Others. By Application, it can be classified as Women, Men. By Product, it can be classified as Masks& Serums, Face Wash, Anti-Aging & Skin Whitening, Cleansing Wipes, Facial Creams, and Others.

Regional Lookout:

By Region, the global facial care industry can be classified as North America, Europe, Asia Pacific, Central & South America, and Middle East & Africa. The Asia Pacific was responsible for a 30.9% share of the entire revenue in 2018 and it ruled the market for facial care. Demand for serums & masks, anti-aging & skin-whitening, and facial creams have considerably grown up, thus motivating the market within the region. Kose Corporation, The Procter & Gamble Company, Johnson & Johnson Ltd., and Unilever Ltd., are some of the prominent companies in the Asia Pacific. An inclination for skin-whitening agents has elevated the demand for long-lasting options of the product within this area.

Europe grasps a substantial share in the industry. Important markets of this province consist of Spain, Germany, France, Italy, and the U.K. Increasing demand for several facial care alternatives throughout the world is increasing the segment of R&D of this business. Additionally, the ever-changing preference for organic products from artificial products because of dangerous possessions linked with second is estimated to expose fresh opportunities.

North America is estimated to appear as the speedily increasing local market by a CAGR of 5.5%, from 2019 to 2025. Increasing demand and necessity of the customers are pushing the companies in the U.S. to increase their business processes throughout the world. Furthermore, greater power of expenditure of the employed persons in this state is advancing the development within this state. Furthermore, the growing number of employed class women, together with altering their way of life, is likely to go on promising for the development of the regional market for facial care.

Companies:

Creation of planned partnerships with the famous persons having the intention of presentation of fresh products is expected to go on an important reason of achievement during the succeeding a small number of years.

Some of the important companies for the facial care market are Johnson & Johnson, Unilever, Procter & Gamble, Estee Lauder Company, Oriflamme, Kao Corporation, Shiseido Co. Ltd., Kose Corporation, and L’Oréal.

Market Segment:

Facial Care Product Outlook (Revenue, USD Billion, 2015 - 2025)
    • Skin-whitening & anti-ageing
    • Facial Creams
    • Face Wash
    • Cleansing Wipes
    • Serums & Masks
    • Others

Facial Care Application Outlook (Revenue, USD Billion, 2015 - 2025)
    • Men
    • Women

Facial Care Distribution Channel Outlook (Revenue, USD Billion, 2015 - 2025)
    • Hypermarket/Supermarket
    • Convenience Store
    • Online

Facial Care Regional Outlook (Revenue, USD Billion, 2015 - 2025)
    • North America
        • U.S.
    • Europe
        • U.K.
        • Germany
    • the Asia Pacific
        • China
        • India
    • Central & South America
        • Brazil
    • Middle East & Africa
        • South Africa