Cosmeceutical Market Analysis, Segments, Major Geographies and Current Market Forecasts 2026


Posted February 5, 2020 by Stephenwilson12

The global cosmeceutical market size is expected to reach USD 98.7 billion by 2026 according to a new study by Polaris Market Research.

 
The global cosmeceutical market size is expected to reach USD 98.7 billion by 2026 according to a new study by Polaris Market Research. The report “Cosmeceutical Market Size, Share & Trends Analysis Report By Product Type (Skin Care, Hair Care, Oral Care), By Distribution Channel (Supermarkets & Specialty Stores, Online Platform), By Region, And Segment Forecasts, 2019 – 2026” gives a detailed insight into current market dynamics and provides analysis on future market growth.

The market for cosmeceuticals includes the growing category of cosmetic products with drug-like advantages. These products are rapidly outperforming the growth rate of all other product sections in the personal care and cosmetics sector. The various kinds of cosmeceuticals on the market include lip care, hair care, whitening of the tooth, skin care, injection and others. Of these, the section of skin care retains a major share and is followed by the segment of hair care. Anti-aging products are most common in the skin care segment, resulting in peak gross revenue.

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Over-the-counter cosmeceutical medicines are accessible and are usually used as part of daily routine skin care therapy to improve texture, acne, pigmentation, skin tone, and fine lines. Some of the prevalent components used in cosmeceutical products are retinoids, antioxidants, exfoliants, peptides and proteins, and botanical extracts.

Growing consumer awareness of appearance, increasing preference for natural / organic goods, increasing disposable income in emerging economies, the accessibility of technologically sophisticated and user-friendly cosmeceutical products are driving this market’s development. On the other side, it is probable that deceptive marketing methods will restrict market growth. It is anticipated that the increasing number of middle-aged people, a fast-paced life and a burgeoning urban population will further drive market demand. Also stimulating development was the availability on the market of a plethora of superior quality and premium price cosmeceutical products.

Cosmeceuticals products are used in a host of other tasks, such as tooth whitening, skin irritation, skin lightening. Putting a roadblock on the worldwide cosmeceuticals market’s development route is the fast development of various therapy alternatives. The emergence and popularity of natural and organic products is a main trend observed on the worldwide cosmeceuticals market.

In addition, females are constantly struggling with sedentary and hectic lifestyles of working, so they get far less time to put on daily makeup. This has forced them to purchase medicinally-advantaged cosmetic products to prevent using make-up. In addition, customers worldwide are conscious of the skin’s benefits of antioxidants, organic ingredients, and peptides. Increasing beauty and health awareness among rich and knowledgeable customers has therefore resulted in increased market growth.

Some of the key players in the market are AVON, Procter & Gamble, Croda International Plc., L’Oréal, Corporation, Beiersdorf, Johnson & Johnson, Allergan, Unilever, Estee Lauder Inc, BASF SE, and Bayer AG among others.

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Cosmeceutical Product Type Outlook (Revenue, USD Billion, 2015 – 2026)
• Skin Care
o Anti-ageing
o Anti-acne
o Whitening
o Moisturizers
o Others
• Hair Care
o Shampoos and Conditioners
o Hair Colorants and Dyes
o Hair Growth and Anti-Hairfall
o Other Hair Care Product Types
• Oral Care
• Cosmeceutical Distribution Channel Outlook (Revenue, USD Billion, 2015 – 2026)
• Supermarkets & Specialty Stores
• Online Platform
• Cosmeceutical Regional Outlook (Revenue, USD Billion, 2015 – 2026)
• North America
o U.S.
o Canada
• Europe
o UK
o Germany
o France
o Italy
o Russia
• Asia Pacific
o India
o Japan
o China
o South Korea
• Latin America
o Brazil
o Mexico
o Colombia
• Middle East & Africa
o Saudi Arabia
o South Africa
o Israel
o UAE

About Polaris Market Research
Polaris Market Research is a global market research and consulting company. We provide unmatched quality of offerings to our clients present globally. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises. We at Polaris are obliged to serve our diverse customer base present across the industries of healthcare, technology, semi-conductors and chemicals among various other industries present around the world. We strive to provide our customers with updated information on innovative technologies, high growth markets, emerging business environments and latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities.

Contact us-
Polaris Market Research
Phone: 1-646-568-9980
Email: [email protected]
Web: www.polarismarketresearch.com
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Issued By polaris market research
Country United States
Categories Business , Industry
Tags size , share , Trends , Growth , analysis
Last Updated February 5, 2020