Skin Moisturizers Market Expected to Achieve Staggering Growth in the Upcoming Period 2019-2023

Posted on 2019-11-29 by researchinsights in Consumer Services // 0 Comments

29^th Nov 2019 – Global Skin Moisturizers Market is expected to achieve a significant upsurge with its staggering CAGR during the forecast period. Skin moisturizers contain ingredients with various properties like occlusive, humectant, emollient and lipids. But it has been witnessed that not all moisturizers have the similar ingredients; they differ in formulations for the person to select an appropriate moisturizer depending on his/her skin type.

Skin moisturizers help in increasing the hydration of the skin and repairs the epidermal barriers by avoiding the loss of hydration. This increases the demand for skin moisturizers and is driving the growth of the market efficiently. In addition, change in lifestyle leading to rise in self-consciousness among people, which again is a prime factor that is augmenting the market’s growth.

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There is a huge issue of ingredients and formulation and however, there are skin moisturizers that consists of pseudo ingredients, which is impeding the growth of skin moisturizers industry. But the skin moisturizers market is expected to grow tremendously in the forthcoming years, as some of the manufacturers are likely to produce their own organic raw materials to reduce the overall cost of product.

The skin moisturizers industry is segmented on the basis of product (natural moisturizing factors, polyhydric alcohol humectants, aminoacids & polypetides), applications (cosmetic, personal care) and region (North America, Europe, China, Japan, Southeast Asia, India)

Key Players:

Merck KGaA
BASF
Res Pharma
Dow Corning Corporation
Croda
Innospec Performance Chemicals
Evonik
KCC Beauty
DSM
Hallstar
Laboratoires Expanscience
AGRANA Starch

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In terms of the geographical segmentation, Asia Pacific is set to dominate the skin moisturizers market in the forthcoming years. The main factor for its dominance is the rise in personal skin care as there is an impact of high pollution on the skin. The other countries are also expected to witness a decent growth in the near future due to the increase in number of various cosmetic products.

Adoption of organic skin care moisturizers such as aloe vera, neem extracts, fish oil and soyabean is one of the major trends that the skin moisturizers industry will experience in the near future. Organic moisturizers are in huge demand as they have been manufactured with the usage of plants and there is an interest that is growing tremendously for chemical free skin moisturizers. These organic raw materials are highly available in the U.S., which will help this region to witness a huge growth in the forthcoming years.

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