Cosmeceuticals Market

1. Cosmeceuticals Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast The global cosmeceuticals market size is expected to expand at a significant CAGR during the forecast period, 2021–2028. The growth of the market is attributed to the rising awareness among consumers’ of its appearance, growing concern among people to maintain skin health without the use of chemicals. Cosmeceuticals refer to cosmetics containing bioactive ingredients with medicinal properties, which can be drugs, cosmetics, or both, just like cosmetics, they are used locally in the form of creams or lotions, but contain substances that affect the function of skin cells. They are commercially available as drugs. Advances in pharmaceuticals, biotechnology, natural products, and cosmetics companies have promoted the development of new active ingredients in the cosmetics industry. Request Sample link :-https://growthmarketreports.com/request-sample/1453 Market Trends, Drivers, Restraints, and Opportunities  Increasing ageing population and rising consumer awareness is expected to boost the market during the forecast period. Rapid growth of the cosmeceuticals industry due to rising demand of natural and herbal products for skin care is major factors fuelling the market. Rising disposable income and consumer awareness among women about beauty is anticipated to drive the market during the forecast period. High cost of natural and herbal cosmetic products and strict government regulation on raw materials are projected to restrict the market growth. Increasing awareness among consumers about harmful effects of ingredients used in cosmetics act as major factorsthat can hamper the market growth during the forecast period.    

2.  R&D investment and technological advancement in cosmeceutical treatments and development of organic products are projected to offer significant opportunities for the market players. Market Segment Insights: The anti-ageing segment is projected to hold a major market share On the basis of product types, the cosmeceuticals market is divided into lip care, oral care, skin care, and hair care. The skin care segment is further segregated into anti-ageing, anti-acne, moisturizers, sun protection, and others. The anti-ageing segment is expected to represent a key share of the market during the forecast period. With growing awareness, it has become particularly important for consumers to use preventive skin care products to protect their skin. Enquiry Link :- https://growthmarketreports.com/enquiry-before-buying/1453 Competitive Landscape Key players competing in the cosmeceuticals market include Shiseido Company, Ltd.; L’Oreal SA; Unilever PLC; Avon Products Inc.; and Procter & Gamble. Some of these players are using several market strategies including mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to increase their market shares. About Growth Market Reports: GMR provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Industry Intelligence Solutions”. GMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain. Our key analysis segments, though not restricted to the same, include market entry strategies, market size estimations, market trend analysis, market opportunity analysis, market threat analysis, market growth/fall forecasting, primary interviews, secondary research & consumer surveys. Contact: Growth Market Reports Phone: +1 909 414 1393 Email: sales@growthmarketreports.com Web: https://growthmarketreports.com Follow Us: LinkedIn | Twitter