October 03, 2017 01:35 PM Eastern Daylight Time
The global skincare products market to grow at a CAGR of 2.94% during the period 2017-2021.
Global Skincare Products Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
The beauty and personal care products, used for different skin related concerns, treatments, and skin beautification, are considered as skincare products. The global skincare products market is significantly fragmented and competitive with the presence of numerous players providing a wide variety of skincare products. The global BPC market segments include skincare products, haircare products, color cosmetics, fragrances, oral hygiene products, and depilatory products. Skincare, haircare, and color cosmetics segment control more than half of the global BPC market's revenue.
The latest trend gaining momentum in the market is Rising demand for multifunctional skincare products. The trend of incorporating multiple benefits and functions in a single skincare product is gaining popularity across the globe. There is a rise in the demand for multifunctional skincare products among customers.
According to the report, one of the major drivers for this market is Product innovation and product line extension leading to product premiumization. The global skincare products market demands regular innovations as customers are on the lookout for innovative products that provide them optimal usage.
Other prominent vendors
Key Topics Covered:
For more information about this report visit https://www.researchandmarkets.com/research/hwfv2c/global_skincare
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Related Topics: Skin Care Products