The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The rising demand for natural and organic face creams are expected to drive innovation in face creams manufacturing, thus driving the market during the forecast period.

The global face creams market is expected to grow from $14.81 billion in 2022 to $16.23 billion in 2023 at a compound annual growth rate (CAGR) of 9.6%. The global face creams market size is expected to grow from $23.33 billion in 2027 at a CAGR of 9.5%.

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Global Face Creams Market Segments Include:

• By Type: Moisture, Healing, Anti-aging, Other Types
• By Age: 0-1, 2-25, 26-40, 41-55, >55
• By Gender: Female, Male
• By Application: Oil Skin, Dry Skin, Neutral Skin, Sensitive Skin, Other Applications
• By Distribution Channel: Multi-Brand Retail Outlets, Online Platforms, Supermarkets/ Hypermarkets, Exclusive Retail Stores, Beauty Parlors/ Salons
• By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific is the largest region in the global face creams market in 2021.

Major Market Players in the face creams market include Johnson & Johnson Services Inc., L’Oreal S.A., Procter & Gamble, The Estee Lauder Companies Inc., Unilever, Alticor Inc., The Body Shop International Limited.

The demand for multi-benefit combinations has been increasing rapidly. 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.

The Face Creams Global Market Report 2023  provides a face creams market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The face creams market forecast analyzes face creams market size, face creams market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Face creams are cosmetic creams or lotions consisting of any number of various substances in the form of a thick liquid, applied to the face to improve the complexion and to soften and moisturize the skin.

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