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The Cosmeceuticals Market is Projected to Reach $120.31 Billion by 2028 - Arizton
Cosmeceuticals Market Research Report by Arizton
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The beauty industry is experiencing significant growth due to emerging trends and a growing emphasis on personal care worldwide. A substantial portion of the global population invests heavily in beauty, personal care items, cosmeceuticals, fragrances, and cosmetics. Increased spending and a heightened awareness of skincare and haircare products drive market growth. The US has one of the highest per capita expenditures on cosmetic products and generates substantial revenue from cosmeceuticals. On the other hand, there is a rising awareness among people in low- and middle-income countries (LMICs) about the importance of personal care, leading to market growth opportunities in these regions.
Vendors Insights
L'Oréal Group is one of the leading market players in the global market. The company is increasing its competitiveness across the market by offering high-quality products. Moreover, with the increasing competition across the market, the company shifted toward using natural ingredients that reduced the side effects and delivered high results. The company decided to increase the use of natural ingredients by 95% and become the global market leader by 2030.
Proctor & Gamble maintains a global presence, operating in approximately 180 countries. The company boasts a portfolio of popular skin care and hair care brands, and it leads a substantial market share, nearly 20%, through brands like Head & Shoulders and Pantene in the retail hair care segment. Olay, one of its flagship brands, is a significant revenue driver in the facial skin care market and ranks among the top brands, contributing to over 6% of the facial skin care market share. On the other hand, Unilever enjoys a broad geographical footprint, with a presence in over 190 countries. In 2023, the company reported that its products are used by more than 3 billion people daily.
Nano-cosmeceuticals Emerging as the Latest Trend in Market
Cosmeceuticals have become a significant factor in modern lifestyle. Consumers' increasing use of cosmeceuticals in daily skin & hair care routines drives the demand for innovations in cosmeceuticals. The cosmeceuticals industry is booming rapidly with types of innovation and trends, of which nano-cosmeceuticals are one of the emerging trends that have the potential to deliver high market growth in the future.
Nanoparticles are most commonly sub-micron-sized, ranging from 1-100 nm4, increasing their cellular internalization and dermal penetration and enhancing the skin appearance comparatively better to other products. Therefore, the increasing implementation of nanotechnology to improve the effectiveness of cosmeceuticals. In addition, the application range of nanoparticles in cosmeceuticals widens hair damage care, aging treatments, wrinkles, and skin dryness. It indicates that there is high potential and growth opportunities for nano-cosmeceutical products, such as the rapid growth in the aging population and aging skin issues.
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Key Company Profiles
Estée Lauder Companies
Kao Corporation
L'oréal Group
Procter & Gamble
Unilever
Amka Products
Avon
Anveya
Amorepacific Corporation
AWAKE ORGANICS
Beiersdorf AG
Bajaj Consumer Care
CREYAN SKIN SYSTEM
Coty
Clinikally
Croda International
Henkel AG & Co. KGaA
Formel Skin
GIOVANNI COSMETICS
Galderma
Glossier
Guerlain
GROUP MARCELLE COSMETICS
Group Clarins
GRUPO BOTICÁRIO
Kaya
Johnson & Johnson
Jstor House of Cosmetics
LVMH
Lass Naturals
LG H&H
LOTUS HERBALS
Miracle 10 Cosmetics
Merz Pharma
Medytox
Make-up Art Cosmetics
Marico Limited
Mamaearth
Membox
Natura & Co
Olaplex
PURA D'OR
Pink Root
Redken
Revlon
Sinclair
Suneva Medical
Salvia Cosmeceuticals
Shiseido Company
SkinCeuticals
RAMICOS COSMETICS
TONYMOLY
Wella Operations US LLC
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Market Segmentation
Application
Skin Care
Hair Care
Injectables
Others
Distribution Channels
Drug Stores/Pharmacies
Mass Merchandisers
Online
Others
Age Group
Middle-aged
Pediatric & Young Adults
Older Adults
Geography
APAC
China
Japan
India
South Korea
Australia
North America
The U.S.
Canada
Europe
Germany
France
Italy
The UK
Spain
Poland
Latin America
Brazil
Mexico
Argentina
Columbia
Middle East & Africa
Turkey
South Africa
Saudi Arabia
The UAE
Key Questions Answered in the Report:
How big is the global cosmeceuticals market?
What is the projected growth rate of the global cosmeceuticals market?
What are the rising trends in the cosmeceuticals industry?
Which region holds the most significant global cosmeceuticals market share?
Who are the key players in the global cosmeceuticals market?
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About Us:
Arizton Advisory and Intelligence is an innovative and quality-driven firm that offers cutting-edge research solutions to clients worldwide. We excel in providing comprehensive market intelligence reports and advisory and consulting services.
We offer comprehensive market research reports on consumer goods & retail technology, automotive and mobility, smart tech, healthcare, life sciences, industrial machinery, chemicals, materials, I.T. and media, logistics, and packaging. These reports contain detailed industry analysis, market size, share, growth drivers, and trend forecasts.
Arizton comprises a team of exuberant and well-experienced analysts who have mastered generating incisive reports. Our specialist analysts possess exemplary skills in market research. We train our team in advanced research practices, techniques, and ethics to outperform in fabricating impregnable research reports.
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Osmotics
AWE Cosmeceuticals
Christina
Advanced Cosmeceuticals
Hale Cosmeceuticals
Newport Cosmeceuticals
Sabinsa Corporation
United Cosmeceuticals GmbH
Cosmeceuticals International
PCCA…
