The global cosmeceuticals market size is projected to reach USD 73.73 billion by the end of 2026. The increasing investment in the R&D of newer products will have a massive impact on the growth of the market in the coming years. According to a report published by Fortune Business Insights, titled “Cosmeceuticals Market Size, Share & Industry Analysis, By Product (Skin Care, Hair Care, Injectable and Others), By Distribution Channels (Pharmacy/Drug Stores, Online Stores, and Others), and Regional Forecast, 2019-2026,” the market was worth USD 37.41 billion and will exhibit a CAGR of 8.9% during the forecast period, 2019-2026.
Highlights of the Report:
- In-depth analysis of various insights, namely, Cosmeceuticals Market trends, growth drivers, opportunities, and other related challenges.
- Comprehensive details of key market players, their core competencies, and Cosmeceuticals Market share.
- The potency of suppliers and buyers to make better business decisions.
- Lists out the market size in terms of volume.
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Key Players Operating in The Cosmeceuticals Market Include:
Key players are involved in mergers and acquisition to strengthen their market position. Owing to increasing competition frequent innovations are taking place in the market. Some of the companies operating the industry are:
- L’Oréal
- Beiersdorf Global
- Croda International Plc
- Allergan
- Avon
- BASF SE
- Estée Lauder Companies Inc.
- Shiseido Company, Limited
- Procter & Gamble
- Elementis
- Others
Cosmeceuticals are products that are inclusive of normal cosmetics and a few pharmaceuticals. The primary purpose behind the use of these products is the need for enhancing body appearance. These functions are carried out by the antioxidants used in the cosmeceuticals products. Recent advances in manufacturing as well as ingredients of these products will bode well for the market in the forthcoming years. The increasing adoption of visually appealing aesthetics, coupled with the availability of cosmeceuticals at a low cost, will have a positive impact on the growth of the market in the coming years. Additionally, the increasing number of regulatory approvals has boded well for the market in recent years and will continue to have a positive impact on the market in the coming years.
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Increasing Number of Company Mergers Will Aid Market Growth
The report encompasses several factors that have contributed to the growth of the market in recent years. The increasing number of company mergers and acquisitions has had a massive impact on the growth of the market. Accounting to the huge potential held by the products, several large scale companies are looking o invest more in the research and development of newer products. Moreover, major companies are looking to acquire small and medium enterprises, with a bid to establishing a stronghold in the market. In October 2018, Shiseido announced that it has completed the acquisition of ‘Drunk Elephant.’ The company possesses an attractive portfolio of clean clinical skincare products. This acquisition will not only help the company grow, but will have a massive impact on the growth of the market in the coming years.
Detailed Table of Content:
- Introduction
- Others Scope
- Market Segmentation
- Others Methodology
- Definitions and Assumptions
- Executive Summary
- Market Dynamics
- Market Drivers
- Market Restraints
- Market Opportunities
- Key Insights
- Overview: Trends in Cosmeceuticals Market
- Snapshot of Active Ingredients Used in Cosmeceuticals
- New Product Launch
- Key Industry Developments – Mergers, Acquisitions, and Partnerships
- Global Cosmeceuticals Market Analysis, Insights and Forecast, 2015-2026
- Key Findings / Summary
- Market Analysis, Insights and Forecast – By Product Type
- Skin Care
- Anti Ageing
- Skin Whitening
- Sun Protection
- Professional Skincare
- Anti-Acne
- Others
- Hair Care
- Hair Growth
- Anti Dandruff
- Others
- Injectables
- Botox
- Dermal fillers
- Other Injectables
- Others
- Lip Care
- Tooth Whitening
- Anti Cellulite/Body Slimming Preparations
- Others
- Market Analysis, Insights and Forecast – By Distribution Channels
- Pharmacy/Drug Stores
- Online stores
- Others
- Market Analysis, Insights and Forecast – By Geography
- North America
- Europe
- Asia pacific
- Rest of the World
- Skin Care
- North America Cosmeceuticals Market Analysis, Insights and Forecast, 2015-2026
- Key Findings / Summary
- Market Analysis, Insights and Forecast – By Product Type
- Skin Care
- Anti Ageing
- Skin Whitening
- Sun Protection
- Professional Skincare
- Anti-Acne
- Others
- Hair Care
- Hair Growth
- Anti Dandruff
- Others
- Injectables
- Botox
- Dermal fillers
- Other Injectables
- Others
- Lip Care
- Tooth Whitening
- Anti Cellulite/Body Slimming Preparations
- Others
- Skin Care
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Report Focus:
- Extensive product offerings
- Customer research services
- Robust research methodology
- Comprehensive reports
- Latest technological developments
- Value chain analysis
- Potential Cosmeceuticals Market opportunities
- Growth dynamics
- Quality assurance
- Post-sales support
- Regular report updates
Reasons to Purchase this Report:
- Comprehensive analysis of the Cosmeceuticals Market growth drivers, obstacles, opportunities, and other related challenges.
- Tracks the developments, such as new product launches, agreements, mergers and acquisitions, geographical expansions, and joint ventures.
- Identifies market restraints and boosters.
- Identifies all the possible segments present in the market to aid organizations in strategic business planning.
KEY QUESTIONS ANSWERED:
- What is the market size and growth rate of the global and regional market by various segments?
- What is the market size and growth rate of the market for selective countries?
- Which region or sub-segment is expected to drive the market in the forecast period?
- What Factors are estimated to drive and restrain the Cosmeceuticals Market growth?
- What are the key technological and market trends shaping the market?
- What are the key opportunities in the market?
- What are the key companies operating in the market?
- Which company accounted for the highest market share?
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