Global Cosmetic Skin Care Market Investigation and Growth Forecasted Until the End of 2022

Posted on 2018-04-23 by Mark Hub in Industrial // 0 Comments

Albany, USA, 2018-Apr-23 — /EPR Network/In order to study the various trends and patterns prevailing in the overall market for “Cosmetic Skin Care”, Market Research Reports Search Engine (MRRSE) has included a new report titled “Cosmetic Skin Care Market” to its wide online database. This research assessment offers a clear insight about the influential factors that are expected to transform the global market in the near future. Readers can access the regional as well as segment-wise analysis for acquiring precise information about the global market structure.

Sample Report with TOC available at @ https://www.mrrse.com/sample/2872

The cosmetic skin care market in the Middle East and North Africa is prognosticated to surge significantly within forecast period 2016 to 2024, owing to rapid economic growth in past few years. Improvement in political stability in key economies has also lured several players to invest in the skin care cosmetic sector in the MENA region. The market scenario appears to be quite consolidated and highly competitive.

The Estée Lauder Companies Inc., Shiseido Company, Limited, Beiersdorf AG, THALGO COSMETIC GmbH, The Body Shop International plc., Natura Bissé International, S.A., L’Oréal Group, The Aromatherapy Company, ESPA International Ltd., Pevonia Global, Éminence Organic Skin Care, Shiffa Dubai Skin Care Cosmetics LLC, Unilever, Ascendis.co.za., Guinot S.A., SkinMedica Inc., Laboratories IPRAD, and Obagi Medical Products, Inc. are among the several key players dominating in the cosmetic skin care market in the Middle East and North Africa. Among these, Unilever Group, L’Oreal S.A., Procter & Gamble, Beiersdorf AG, and Avon Products held around 45.3% of the overall market share in year 2015, where L’Oreal S.A. registered a huge presence worldwide, leading the race. These firms have developed a strong and a diverse product portfolio that has helped them gain more traction and wider consumer base.

the cosmetic skin care market in MENA is anticipated to grow at a steady CAGR of 8.0% within the forecast period from 2016 to 2024. In 2015, the market was valued at US$3.18 bn. This figure is likely to reach around US$6.29 bn by the end of year 2024. Based on product type, the MENA skin care cosmetic market is segmented into skin whitening, anti-aging, sensitive skin, dry care, anti-acne, intimate hygiene, bath and shower, and others. Among these, the skin whitening agents and anti-ageing segments account for a strong presence in the market. The anti-ageing segment held a share of 25.2% in the overall market in 2015. Geographically, the Middle East region accounted for the highest share of 69.6% in the market in 2015s.

Rising Consciousness about Aesthetic to Drive Market Demand

The essential driver of the market is the rise in number of aged people. And with consumers becoming more conscious about their beauty than before, the interest for anti-ageing creams and diverse skincare moisturizers has surged majorly. Other than this, the developing awareness about the accessibility of these items is another key driver of the cosmetic skin care items market in MENA. Additionally, the increase in the spending capacity of the purchasers in the region has empowered the market too.

Complete Report with Tables and Figures available at @ https://www.mrrse.com/mena-cosmetic-skin-care-market

In the final section of the report, a ‘competitive landscape’ has been included to provide a dashboard view of key companies operating in the Middle East and North Africa (MENA) cosmetic skin care market. This section is primarily designed to provide clients with an objective and detailed comparative assessment of key providers specific to a market segment in the Middle East and North Africa (MENA) cosmetic skin care market and the potential players. However, this section also includes market strategies and SWOT analysis of the main players operational in the Middle East and North Africa (MENA) cosmetic skin care market.

Detailed profiles of players operating in Middle East and North Africa (MENA) cosmetic skin care market are also included in the scope of the report to evaluate their long- and short-term strategies.

Companies Mentioned in the Report

Key players included in this report are Shiseido Company, Limited, The Estée Lauder Companies Inc., Beiersdorf AG, The Body Shop International plc., THALGO COSMETIC GmbH, Natura Bissé International, S.A., The Aromatherapy Company, L’Oreal Group, ESPA International Ltd., Éminence Organic Skin Care, Pevonia Global, Shiffa Dubai Skin Care Cosmetics LLC, Ascendis.co.za., Unilever, Guinot S.A., Laboratories IPRAD, SkinMedica Inc., and Obagi Medical Products, Inc., among others.

Middle East and North Africa (MENA) cosmetic skin care market has been segmented as follows:

Middle East and North Africa (MENA) Cosmetic Skin Care Market, By Product Type

Anti-Aging
Skin Whitening
Sensitive Skin
Anti-Acne
Dry Care
Bath & Shower
Intimate Hygiene
Others

Middle East and North Africa (MENA) Cosmetic Skin Care Market, By Distribution Channel

Super Markets and Hyper Markets
Departmental Stores and Convenience Stores
Spas
Pharmacies
Others

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