Cosmeceuticals Market Outlook – Size, Share, Trends, Key Players and Forecast 2023

Cosmeceuticals Market Share, Trends, Size, Top Manufacturers and Global Forecast to 2023

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Cosmeceuticals Market

Cosmeceuticals Market 2018: Share, Trends, Size, Top Manufacturers and Global Forecast to 2023 • Cosmeceuticals are cosmetics induced with pharmaceutical ingredients to enhance the health and beauty of various body parts. They include products for skin care, hair care, oral hygiene, and other health issues. Some cosmeceuticals are naturally-derived while others are synthetic, but all contain functional ingredients with either therapeutic, disease-fighting, enhancing, or healing properties. • The use of cosmeceuticals has been first recorded in 4000 BC by the Egyptians. Since then the primary application of cosmeceuticals has been therapeutic. Pharmaceutical elements are often incorporated into cosmeceuticals as esters or mixtures of isomers that are neither absorbed nor metabolized by the skin.

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Cosmeceuticals Market Regional Analysis

Europe is holding the maximum share of the cosmeceuticals market owing to rising adoption of beauty products supported by increasing health concern among consumers. Cosmeceutical consumers in this region are more aware of the importance of healthy lifestyles. They take more responsibility for their personal health, integrating mental and physical well-being.

North America is also showing a decent growth of cosmeceuticals owing to strong economy leading to maintenance of lifestyle standards. Asia-Pacific is expected to be a growing market for cosmeceuticals owing to high populated countries supported by rising per capita disposable income and an inclination towards globalization of lifestyle trends.

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Cosmeceuticals Market Major Players in this Research: Key Players for Cosmeceuticals Market: • L'Oréal S.A. (France), • Allergan, Plc. (Ireland), • Avon Products, Inc. (UK), • Johnson & Johnson (US), • Procter & Gamble Co. (US), • The Estée Lauder Companies Inc. (US), • Merck & Company, Inc. (US), • Royal DSM NV (Netherlands), • Unilever NV (Netherlands), • Evonik Industries AG (Germany)

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Cosmeceuticals Market Market Segmentation The global cosmeceuticals market has been segmented into product type, packaging material, distribution channel, and region.

The market on the basis of product type has been segmented into skin care, hair care, oral hygiene, and others.

The market, by packaging material, has been segmented into glass, plastic, metal, and others.

The market, by distribution channel, has been segmented into store based and non-store based.

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