The Global Face Creams Market Report by The Business Research Company covers face creams market drivers and restraints, face creams market size, major players, and the impact of COVID-19 on the face creams market.
The face creams manufacturing market consists of the sales of face creams. Face creams are cosmetic creams or lotion, consisting of any of various substances in the form of a thick liquid, applied to the face to improve the complexion and for softening and moisturizing the skin.
The rising demand for natural and organic face creams is expected to drive face cream market growth during the forecast period. The global face creams market is expected to grow from $10.78 billion in 2020 to $12.59 billion in 2021 at a compound annual growth rate (CAGR) of 16.8%.The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $17.43 billion in 2025 at a CAGR of 8%.
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Some face creams market trends include the demand for multi-benefit combinations. Products such as foundations with anti-aging serums, nail polish with UV protection and anti-aging claims are introduced into the market. Multi-benefit solutions are expected to continue to penetrate further into different categories such as hair care with anti-aging or fragrance to lipsticks with lip care.
Global face creams market segments include:
1) By Type: Moisture, Healing, Anti-Aging, Others.
2) By Application: Oil Skin, Dry Skin, Neutral Skin, Sensitive Skin, Others.
3) By Distribution Channel: Multi-Brand Retail Outlets, Online Platforms, Supermarkets/ Hypermarkets, Exclusive Retail Stores, Beauty Parlours/ Salons.
4) By Age: 0-1, 2-25, 26-40, 41-55, >55.
5) By Gender: Female, Male.
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
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The Face Creams Global Market Report 2021: COVID 19 Impact and Recovery to 2030 is one of a series of new reports from The Business Research Company that provides face creams market overviews, analyses and forecasts market size, share, face creams market players, face creams market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.
The face creams market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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Read Face Creams Global Market Report 2021: COVID 19 Impact and Recovery to 2030 from The Business Research Company for information on the following:
Data Segmentations: Market Size, Global, By Region And By Country, Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries.
Market Players Covered: Johnson & Johnson Services Inc., L’Oréal S.A., Procter & Gamble, The Estee Lauder Companies Inc., Unilever, Alticor Inc., The Body Shop International Limited, Avon Products Inc., Oriflame Cosmetics AG, Shiseido Company Limit, Burberry Group PLC, Kao Corporation, Edge well Personal Care.Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)
Other Information And Analyses: SWOT analysis, customer information, market product/service analysis – product examples, trends and opportunities, drivers and restraints, key mergers and acquisitions, suggested trend based strategies, impact of COVID-19 on the market, future outlook and potential analysis, key metrics covered: number of enterprises, number of employees, global market in 2021 – countries offering most new opportunities, conclusions and recommendations by expert analysts.
Sourcing And Referencing: Data and analysis throughout the report are sourced using end notes.
Strategies For Participants In The Face Creams Industry: The report explains a number of strategies for companies in the market, based on industry trends and company analysis.
Opportunities For Companies In The Face Creams Sector: The report reveals where the global industry will put on most $ sales up to 2023.
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