Asia Pacific Facial Care Market is estimated to account for US$ 69.2 Bn in terms of value by the end of 2028 at a CAGR of 7.2% key players are L’Oreal S.A, Procter and Gamble Company (P&G), Estee Lauder Companies Inc

Toner is used to remove excess traces of makeup or other residue on the skin and to restore the 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.

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Asia Pacific Facial Care Market: Drivers

The launch of new products will accelerate the growth of Asia Pacific Facial Care Market in the estimated period. For example, the South Korean-based company Amorepacic introduced the Sienu brand in May 2020 with a time brace line, a range of six anti-aging skin care products.

Asia Pacific Facial Care Market: Opportunities

Focusing on the aesthetic appeal of East Asian men is likely to provide beneficial growth opportunities for players in the Asia Pacific Facial Care market. This can be attributed to the changing cultural attitude towards male beauty and increasing disposable income. For example, as per data from the Government of the Republic of Korea, South Korea’s average monthly household income in the fourth quarter of 2019 was US $ 3,900, an increase of 3.6% in the fourth quarter of 2018.

Asia Pacific Facial Care Market: Restraints

The recall of the products is likely to hamper the growth of the market. For example, Yes To Inc. voluntarily recalls Grapefruit Vitamin C Glow-Boosting Unicorn Paper Mask in January 2020 in response to complaints of skin irritation and redness.

Asia Pacific Facial Care Market: Key Takeaways:

The size of the Asia Pacific facial care market was estimated to be accounted for US$ 39.7 Billion and during the forecast period (2020-2027) it is expected to witness a value of US$ 69.2 Billion with a CAGR of 7.2%. The estimated period is likely to focus increasingly on the aesthetic appeal of the population in Asia Pacific.

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In 2019, the skin whitening/lightening and anti-aging creams segment is leading in the Asia Pacific Facial Care Market with a share of 39.9% in terms of value. Increased product launches during the estimated period are likely to increase the segment over the estimated period.

Asia Pacific Facial Care Market: Market Trends

Key players in the market focus on introducing new products to enlarge their product portfolio. For example, Shiseido Co., Ltd introduced a new makeup collection worldwide in September 2018 in 88 countries and territories worldwide under the brand SHISEIDO.

Key players in the market focus on introducing new products to expand their product portfolio. For example, KOSÉ Corporation introduced AQ MELIORITY, a brand of DECORTÉ aging car manufacturing in September 2019, in Canada, US, Italy, Spain, UK, France, Malaysia, Thailand, Singapore, South Korea, Taiwan, Hong Kong, China, and Japan.

Asia Pacific Facial Care Market: Key Developments

• October 2019: Unilever brand, Dove launches new initiatives and impact figures to accelerate progress in addressing the plastic waste in the beauty industry.
• November 2019: Shiseido Company, Ltd. Has completed the construction of a nasal factory in Ohtawara City, Tochigi Prefecture, Japan as a production facility for medium to high cost skincare products.

Asia Pacific Facial Care Market: Competitive Landscape   

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

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Table of Content

Chapter 1 Industry Overview
1.1 Definition
1.2 Assumptions
1.3 Research Scope
1.4 Market Analysis by Regions
1.5 Asia Pacific Facial Care Market Size Analysis from 2022 to 2028
11.6 COVID-19 Outbreak: Asia Pacific Facial Care Industry Impact

Chapter 2 Asia Pacific Facial Care Competition by Types, Applications, and Top Regions and Countries
2.1 Asia Pacific Facial Care (Volume and Value) by Type
2.3 Asia Pacific Facial Care (Volume and Value) by Regions

Chapter 3 Production Market Analysis
3.1 Global Production Market Analysis
3.2 Regional Production Market Analysis

Chapter 4 Asia Pacific Facial Care Sales, Consumption, Export, Import by Regions (2017-2022)
Chapter 5 Company Profiles and Key Figures in Asia Pacific Facial Care Business
Chapter 6 Asia Pacific Facial Care Market Forecast (2022-2028)
Chapter 7 Conclusions
Research Methodology