Market Overview

Global Cosmetic Skin Care Market 2019-2023 | Presence of Premium Brands Drives Growth | Technavio

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The global cosmetic skin care market research report by Technavio
predicts the market to post a CAGR of approximately 6% during the
period 2019-2023.

This press release features multimedia. View the full release here:
https://www.businesswire.com/news/home/20190102005448/en/

Technavio has published a new market research report on the global cosmetic skin care market from 20 ...

Technavio has published a new market research report on the global cosmetic skin care market from 2019-2023. (Graphic: Business Wire)

The increasing popularity and presence of premium cosmetic skincare
brands have led to the growth of the market in recent times. Affluent
consumers are continually looking to update and advance their knowledge
about skin care and thereby, are receptive to learning and engaging with
luxury and premium brands online. These affluent consumers have been
influencing premium skincare brands to build up their digital appeal and
credibility to boost their market share.

Technavio classifies the growing preference for organic cosmetics and
cosmeceuticals as a significant factor that has the potential to affect
the global
cosmetic skin care market
and contribute to its growth
significantly. Also, this research report also provides an
analysis of the critical trends & drivers expected to impact the market
outlook during the period 2019-2023.

This report is available at a USD 1,000 discount for a limited time
only:
View
market snapshot before purchasing

Global cosmetic skin care market: Growing
preference for organic cosmetics and cosmeceuticals

The consumers are gradually shifting from chemical-based cosmetics to
organic or chemical-free cosmetics. The chemical-free cosmetics and
cosmeceuticals are free from toxic compounds that are harsh on the skin
or contain biologically active compounds, which have medicinal effects
on the skin and therefore, are gaining popularity among consumers.

"Natural raw materials such as neem extracts, soybean, fish oil, aloe
vera, and guar gum are being used to manufacture organic skin products.
Fish oil is used in cosmetic skin care products because of its
stabilizing and preservative properties. The organic cosmetics also
include natural fragrances,"
says a senior research analyst
at Technavio.

Global cosmetic skin care market: Segmentation
analysis

This cosmetic skin care market analysis report segments the market by
product (facial skin care, body care, and others) and geography (the
Americas, APAC, and EMEA).

The facial skin care segment held the largest market share in 2018,
accounting for over 59% of the market. This product segment is expected
to dominate the global market throughout the forecast period.

The Americas led the market in 2018 with approximately 40% of the market
share, followed by EMEA and APAC respectively. The growth of the
cosmetic skin care market in the Americas can be attributed to the
presence of several key vendors in the region.

Looking for more information on this market? Request
a free sample report

Technavio's sample reports are free of charge and contain multiple
sections of the report such as the market size and forecast, drivers,
challenges, trends, and more.

Some of the key topics covered in the report include:

Market Landscape

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

Market Sizing

  • Market definition
  • Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

  • Regional comparison
  • Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Competitive scenario

About Technavio

Technavio
is a leading global technology research and advisory company. Their
research and analysis focuses on emerging market trends and provides
actionable insights to help businesses identify market opportunities and
develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio's report library consists
of more than 10,000 reports and counting, covering 800 technologies,
spanning across 50 countries. Their client base consists of enterprises
of all sizes, including more than 100 Fortune 500 companies. This
growing client base relies on Technavio's comprehensive coverage,
extensive research, and actionable market insights to identify
opportunities in existing and potential markets and assess their
competitive positions within changing market scenarios.

If you are interested in more information, please contact our media team
at media@technavio.com.

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