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Current Trends in Skin Care Products Market with Future Insight by 2021: MRRSE

Albany, NY, May 18, 2016 (GLOBE NEWSWIRE) -- Growing awareness towards healthy life and beautiful personality is stimulating the demand for skin care products globally. Rising concern about adverse effects of pollution on skin is boosting the demand for skin care products globally. Changing lifestyle and increasing consciousness consumers are showing interest for maintaining proper skin care routine along with healthy diet. Due to busy lifestyle people finds it difficult to follow lengthy skin care routine. With the rising awareness consumers are shifting towards advance skin care products such as face creams which include skin brightening cream, anti-aging, sun protection cream and body lotions such as mass market body care lotions and premium body care lotions. China with its huge population is dominating the market for skin care products across Asia Pacific, followed by Japan. France is major market for skin care products in Europe, followed by U.S. in North America. Consumer preference for flawless skin and demand for healthy living is fueling the demand for skin care products globally.

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The report provides a strategic analysis of the global market for skin care products, and offers growth forecast for the period from 2015 to 2021. The scope of the report includes a competitive analysis of the market segments based on products from different regional markets. The report also strives to compile together a broad analysis of the characteristics of the skin care products market by providing historical data from 2014 and forecast up to 2021 along with a detailed breakdown of the revenue.

The report also identifies various factors affecting market growth and trends. Inflation is not a part of pricing in this report. The market size of the global skin care products is provided in terms of revenue. Market revenues are defined in USD billion. Market size and forecast for each product type is provided in the context of global as well as regional markets.

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Consumers across different regions such as Asia Pacific, Europe, North America, and Rest of the World are showing interest in various skin care products due to growing concerns about beauty, and desire for a healthy skin. Similarly, anti-aging creams prevent the early signs of aging such as laxity, wrinkles, dyspigmentation, erythema, and poor skin texture. Sun protection creams protect skin from the adverse effects of ultraviolet rays by preventing sunburn. Skin brightening creams brighten the skin while addressing problems like dark spots, black patches, wrinkles, and uneven skin tone.

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Asia Pacific held the largest market share in global skin care products market followed by Europe in 2014. Changing preference towards skin care and rising consciousness for healthy and beautiful personality is creating a positive impact on the market for skin care products. Usage of skin care products in North America and Rest of the World is expected to witness decent growth over the forecast period.

Key players in the skincare product segment include Avon Products Inc., L’Oreal S.A., Beiersdorf AG, and Unilever PLC among others operating in the regions such as North America, Europe, Asia Pacific, Middle East and Africa (MEA) and Latin America.

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Source: MRRSE