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Facial Care Products Market (2021 - 2028)

Market Overview:

The global Facial Care Products market is expected to reach a considerably large market size in 2028 and register a high CAGR over the forecast period. Industry analysis indicates that the rising demand for facial care products among consumers is driven by changing market trends, which are expected to support industry growth as well as market growth over the forecast period.

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Facial care involves different techniques and therapies that enhance integrity and softness of the skin and reduce the effect of aging to a great extent. Constant exposure to polluted air, ultraviolet rays, and dust clogs pores of the facial skin cells. It may lead to development of acne breakouts, tanning, and sunburns. Facial care products include mild moisturisers, Toners, cleansers, and scrubs.

The ongoing COVID-19 pandemic has significantly affected the global beauty & personal care (BPC) industry, with large disruption in supply chains and manufacturing plants following extended lockdowns worldwide. However, availability of e-commerce platforms has been a key factor boosting online sales of beauty products, including facial care products during the pandemic. The trend is expected to continue in the next few years, with consumers becoming increasingly aware regarding online availability of facial care products.

Global Facial Care Products Market: Dynamics

Increasing disposable income, rapid urbanization, and rising pollution levels are key factors boosting demand for better-quality facial care products. Increasing adoption of facial care products among men and introduction of new products, such as moisturizers for reducing dryness of the skin, sunscreens for preventing sunburns, scrubs for exfoliation, and peel-off Masks for extracting dust particles, are other factors driving growth of the global facial care products market. Technological advancements have facilitated easy manufacture of facial care products and proportional calculation of product ingredients. This factor along with introduction of organic products with reduced chances of chemical infection has created immense opportunities for market growth. However, high costs associated with facial care products and their limited shelf-life are factors projected to hinder growth of the global facial care products market over the forecast period.

Global Facial Care Products Market: Regional Landscape

Among the regional markets, the Asia Pacific market accounts for the largest revenue share in the global facial care products market and the trend is expected to continue in the near future, owing to growth of the skin care industry in the region. Innovation of new Anti-Aging creams and lotions and increasing investments in the personal care research industry in the U.K. and Germany are factors projected to lead to the Europe market accounting for the second-largest revenue share in the global facial care products market in the near future.

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Major Players Operating in Global Facial Care Products Market

Makeup Geek LLC
Morphe Brushes & Cosmetics
L’Oréal S.A.
The Estee Lauder Companies Inc.
Alticor Inc.
The Body Shop International Limited
Avon Products Inc.
The Procter & Gamble Company
Oriflame Cosmetics AG
Unilever PLC
Shiseido Company Limited
Burberry Group PLC
Kao Corporation
Edgewell Personal Care

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Regions Covered:

North America
Europe
Asia Pacific
Latin America
Middle East & Africa

Global Facial Care Products Market: Report Highlights

Detailed overview of the market based on the present and past data collected
Changing dynamics of the market
Market segmentation
Regional landscape of the market
Historical, present, and projected market in terms of volume and value
Recent trends and developments in the market
Competitive landscape of the market
Strategies adopted by key players and products offered by them

Global Facial Care Products Market: Segmentation

The report consists of analysis of trends in each segment of the global facial care products market for the period from 2018 to 2028. For this study, Reports and Data has segmented the global facial care products market based on product type, distribution channel, age, and gender as follows.