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Asia Pacific Facial Care Market is projected reach US$ 69.2 Billion by 2027 | with L’Oreal S.A, Procter and Gamble Company (P&G), Estee Lauder Companies Inc., The Unilever Plc and Others

June 30th, 2020 Coherent Market Insights Releases

Toners are used to remove excess traces of makeup or other residue from the skin and to restore skin to its natural pH balance. Face masks are used to hydrate, dry, or brighten the skin. These masks are available for all skin types.

Statistics:

Asia Pacific facial care market is estimated to account for US$ 69.2 Bn in terms of value by the end of 2027.

Asia Pacific Facial Care Market: Drivers

Launch of new products is expected to propel growth of Asia Pacific facial care market over the forecast period. For instance, in May 2020, Amorepacic, a South Korea-based company, launched Sienu brand with the Time Brace line, a range of six anti-ageing skin care products.

Note: *The Download PDF brochure only consists of Table of Content, Research Framework, and Research Methodology.

Request PDF Research Report Brochure @ https://www.coherentmarketinsights.com/insight/request-pdf/3911

Asia Pacific Facial Care Market: Opportunities

Increasing focus on aesthetic appeal among men in East Asia is expected to offer lucrative growth opportunities for players in Asia Pacific facial care market. This can be attributed to changing cultural attitude to male beauty and increasing disposable income. For instance, according the Statistics Korea, Government of Republic of Korea, the average monthly household income in South Korea amounted to US$ 3,900 in the fourth quarter of 2019, which rose by 3.6% from the fourth quarter of 2018.

Asia Pacific Facial Care Market: Restraints

Product recalls are expected to hinder growth of the market. For instance, in January 2020, Yes To Inc. issued a voluntary recall of its Grapefruit Vitamin C Glow-Boosting Unicorn Paper Mask in response to complaints of skin irritation and redness.

Key Takeaways:

Asia Pacific facial care market was valued at US$ 39.7 Bn in 2019 and is forecast to reach a value of US$ 69.2 Bn by 2027 at a CAGR of 7.2% between 2020 and 2027. Increasing focus on aesthetic appeal among population in Asia Pacific is expected to propel the market during the forecast period.

Browse Press Release: https://www.coherentmarketinsights.com/press-release/asia-pacific-facial-care-market-3181

Skin whitening/lightening and anti-ageing creams segment held dominant position in Asia Pacific facial care market in 2019, accounting for 39.9% share in terms of value. Increasing product launches during the forecast period is expected to drive the segment growth during the forecast period.

Market Trends

Major players in the market are focused on launching new products to expand their product portfolio. For instance, in September 2019, KOSÉ Corporation launched AQ MELIORITY, an aging car product from brand DECORTÉ in Japan, China, Hong Kong, Taiwan, South Korea, Singapore, Thailand, Malaysia, France, the U.K., Spain, Italy, the U.S., and Canada.

Major players in the market are also focused on expanding their geographical presence to enhance their market share. For instance, in March 2020, Shiseido Company, Ltd. started selling SHISEIDO brand products in the Democratic Socialist Republic of Sri Lanka via its distributor Luxasia Partners Pte. Ltd.

Access research reports that are tailored specifically for you and your organization in order to explore practical growth strategies and recommendations
Buy-Now this Research Report @ https://www.coherentmarketinsights.com/insight/buy-now/3911

Asia Pacific Facial Care Market: Competitive Landscape   

Major players operating in Asia Pacific facial care market include, L’Oreal S.A, Procter and Gamble Company (P&G), Estee Lauder Companies Inc., The Unilever Plc, Shiseido Co. Ltd., Johnson and Johnson Limited, Kose Corporation, and Kao Corporation.

Asia Pacific Facial Care Market: Key Developments

  • November 2019: Shiseido Company, Ltd. completed the construction of Nasu Factory in Ohtawara City, Tochigi Prefecture, Japan, as a manufacturing facility for medium-to-high-priced skincare products
  • October 2019: Dove, a Unilever brand, launched new initiatives and impact figures to accelerate progress to address plastic waste in the beauty industry.

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Note: *The discount is offered on the Standard Price of the report.

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Segmentation

  • Asia Pacific Facial Care Market, By Product Type:
    • Skin whitening/lightening and anti-ageing creams
    • Facial creams
    • Face wash
    • Cleansing wipes
    • Serums and masks
    • Others
  • Asia Pacific Facial Care Market, By Consumer Group:
    • Men
    • Women
  • Asia Pacific Facial Care Market, By Distribution Channel:
    • Store-based retailing
    • Non-store based retailing
  • Asia Pacific Facial Care Market, By Region:
    • China
      • By Product Type:
        • Skin whitening/lightening and anti-ageing creams
        • Facial creams
        • Face wash
        • Cleansing wipes
        • Serums and masks
        • Others
      • By Consumer Group
        • Men
        • Women
      • By Distribution Channel
        • Store-based retailing
        • Non-store based retailing
    • Japan
      • By Product Type:
      • By Consumer Group
      • By Distribution Channel
    • India
      • By Product Type:
      • By Consumer Group
      • By Distribution Channel
    • Australia
      • By Product Type:
      • By Consumer Group
      • By Distribution Channel
    • South Korea
      • By Product Type:
      • By Consumer Group
      • By Distribution Channel
    • ASEAN
      • By Product Type:
      • By Consumer Group
      • By Distribution Channel
    • Rest of APAC
      • By Product Type:
      • By Consumer Group
      • By Distribution Channel
  • Company Profiles
    • L’Oreal S.A *
      • Company Overview
      • Product Portfolio
      • Key Highlights
      • Financial Overview
      • Strategies
    • Procter and Gamble Company (P&G)
    • Estee Lauder Companies Inc.
    • The Unilever Plc.
    • Shiseido Co. Ltd.
    • Johnson and Johnson Limited
    • Kose Corporation
    • Kao Corporation

About Us:

Coherent Market Insights is a global market intelligence and consulting organization focused on assisting our plethora of clients achieve transformational growth by helping them make critical business decisions. We are headquartered in India, having office at global financial capital in the U.S. and sales consultants in United Kingdom and Japan. Our client base includes players from across various business verticals in over 150 countries worldwide. We pride ourselves in catering to clients across the length and width of the horizon, from Fortune 500 enlisted companies, to not-for-profit organization, and startups looking to establish a foothold in the market. We excel in offering unmatched actionable market intelligence across various industry verticals, including chemicals and materials, healthcare, and food & beverages, consumer goods, packaging, semiconductors, software and services, Telecom, and Automotive. We offer syndicated market intelligence reports, customized research solutions, and consulting services.

To know more about us, please visit our website – www.coherentmarketinsights.com

Contact:

Coherent Market Insights
1001 4th Ave, #3200 Seattle, WA 98154, U.S.
Email: sales@coherentmarketinsights.com
United States of America: +1-206-701-6702
United Kingdom: +44-020-8133-4027
Japan: +050-5539-1737
India: +91-848-285-0837

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