Cosmeceuticals Market Overview
Cosmeceuticals are cosmetic products with bioactive ingredients purported to have medical benefits. The different types of cosmeceuticals products available in the market include lip care, hair care, tooth whitening, skincare, injectable, and others. People all around the world becoming increasingly conscious about their looks, this is one of the best reasons to boosts the growth of the global Cosmeceuticals market in the forthcoming years.
Moreover, other crucial factors such as the increasing number of middle-aged people, a growing urban population, and a fast-paced life are projected to further escalate the demand for cosmetic products. It eventually fuelled the growth of the global Cosmeceuticals market. Additionally, the huge availability of superior quality and premium-priced cosmeceuticals products in the market has also been stimulating the growth of the market.
Some additional factors majorly contribute towards the growth of the Cosmeceuticals market, these are growing disposable income in developing countries and availability of technologically advanced and user-friendly cosmeceuticals products. As well, a key trend noticed in the global Cosmeceuticals market is the emergence and popularity of natural and organic products. Hence, growing preference towards natural/organic products further significantly enhancing the growth of the market to a great extent.
On the other hand, deceptive marketing practices are expected to hamper the growth of the market.
Covid-19 Impact on Cosmeceuticals Market
In addition, the current Cosmeceuticals Market study offers a detailed analysis of the current COVID-19 pandemic impact on the market growth and its influence on the future growth of the Cosmeceuticals Market. The recently published report demonstrates the elevation in the demand for the healthcare sector. The healthcare manufacturers have experienced long term as well as short term effect which includes supply shortages, panic buying, and stocking, regulation changes as short-term whereas approval delays and possible trend variations in consumption could be perceived as long-term impacts of COVID-19 on the health and pharmaceutical market.
The increasing need for a cure has pushed vaccine research and manufacturers to the limit. In addition to this, panic conditions have already spurred the demand for many healthcare products and services which are discussed in detail in this report. Moreover, the impact of COVID-19 on overall market revenue for the base year 2020 and its projection up to 2027 is provided in detail in this report.
Cosmeceuticals Market Segment Overview
Based on the Product Type, the Skin Care segment has the largest share of the global Cosmeceuticals market. Exposure to harmful ultraviolet radiation can cause premature skin aging. This awareness has increased the consumer’s focus on protecting their skin by using preventive skincare products. Additionally, the demand for the multifunctional product is anticipated to boost the growth of sun-care cosmetic products during the forecast period.
According to Active Ingredients, the Antioxidants segment has significant growth in the market. Antioxidants play an important lifeline role in superior face and skin aging products. Antioxidants are natural substances made up of vitamins and minerals. They can counter “free radicals” that damage DNA, lipids, and proteins. In addition, damaged skin cells can speed up aging with wrinkles, dry skin, dark circles under the eyes, dull skin, decrease elasticity and pliability.
Cosmeceuticals Market, By Product Type
· Botanicals
· Antioxidants
· Proteins
· Moisturizers
· Peptides
· Others
Cosmeceuticals Market, By Distribution Channel
· Pharmacy & Drug Stores
· Specialty Stores
· Beauty Salons
· Online Retailing
· Other Distribution Channels
Cosmeceuticals Regional Overview
Geographically, North America and Europe are the most prominent region for the Cosmeceuticals market. The growth of the Cosmeceuticals market in these regions can be primarily attributed to the high spending capacity of the people and the aggressive marketing strategies of the companies. The market in Asia-Pacific is expected to witness significant growth during the forecast period. The market is extremely lucrative on account of the fast-expanding emerging economies in the region. Identifying an opportunity, most cosmeceutical brands are making efforts to make inroads in the Asia Pacific. Further, the e-commerce thriving in the region has made it easier for people to purchase quality products from well-known brands. Additionally, the increasing prosperities of the middle class mainly in the countries such as India, China, Russia, and Brazil will probably intensify the growth of the cosmeceuticals market.
Cosmeceuticals Market, By Geography
· North America (US & Canada)
· Europe (UK, Germany, France, Italy, Spain, Russia & Rest of Europe)
· Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific)
· LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA)
Cosmeceuticals Market Competitor overview
Some key developments and strategies adopted by manufacturers in Cosmeceuticals are highlighted below.
· June 2021, Procter & Gamble has launched a new sensitive skincare brand, appropriately named GoodSkin MD. The brand soft-launched on its own D2C site and has now made its debut on CVS.com to boot and is set to hit physical shelves. The brand is designed to be gender-inclusive and targeted at the millennial market.
· In January 2021, New Avon Company, the iconic beauty brand and direct sales pioneer, announced that it is changing its corporate name to The Avon Company. The name change reflects Avon's unique and singular history as America's first and leading social selling beauty company.
Cosmeceuticals Market, Key Players
· Unilever Group
· Procter & Gamble
· Allergan Inc.
· Colgate-Palmolive
· BASF SE
· Arch Chemicals
· Croda International
· Johnson & Johnson
· Sabinsa Corporation
· L’Oréal
· AVON
· Estee Lauder
· Beiersdorf
Cosmeceuticals are cosmetic products with bioactive ingredients purported to have medical benefits. The different types of cosmeceuticals products available in the market include lip care, hair care, tooth whitening, skincare, injectable, and others. People all around the world becoming increasingly conscious about their looks, this is one of the best reasons to boosts the growth of the global Cosmeceuticals market in the forthcoming years.
Moreover, other crucial factors such as the increasing number of middle-aged people, a growing urban population, and a fast-paced life are projected to further escalate the demand for cosmetic products. It eventually fuelled the growth of the global Cosmeceuticals market. Additionally, the huge availability of superior quality and premium-priced cosmeceuticals products in the market has also been stimulating the growth of the market.
Some additional factors majorly contribute towards the growth of the Cosmeceuticals market, these are growing disposable income in developing countries and availability of technologically advanced and user-friendly cosmeceuticals products. As well, a key trend noticed in the global Cosmeceuticals market is the emergence and popularity of natural and organic products. Hence, growing preference towards natural/organic products further significantly enhancing the growth of the market to a great extent.
On the other hand, deceptive marketing practices are expected to hamper the growth of the market.
Covid-19 Impact on Cosmeceuticals Market
In addition, the current Cosmeceuticals Market study offers a detailed analysis of the current COVID-19 pandemic impact on the market growth and its influence on the future growth of the Cosmeceuticals Market. The recently published report demonstrates the elevation in the demand for the healthcare sector. The healthcare manufacturers have experienced long term as well as short term effect which includes supply shortages, panic buying, and stocking, regulation changes as short-term whereas approval delays and possible trend variations in consumption could be perceived as long-term impacts of COVID-19 on the health and pharmaceutical market.
The increasing need for a cure has pushed vaccine research and manufacturers to the limit. In addition to this, panic conditions have already spurred the demand for many healthcare products and services which are discussed in detail in this report. Moreover, the impact of COVID-19 on overall market revenue for the base year 2020 and its projection up to 2027 is provided in detail in this report.
Cosmeceuticals Market Segment Overview
Based on the Product Type, the Skin Care segment has the largest share of the global Cosmeceuticals market. Exposure to harmful ultraviolet radiation can cause premature skin aging. This awareness has increased the consumer’s focus on protecting their skin by using preventive skincare products. Additionally, the demand for the multifunctional product is anticipated to boost the growth of sun-care cosmetic products during the forecast period.
According to Active Ingredients, the Antioxidants segment has significant growth in the market. Antioxidants play an important lifeline role in superior face and skin aging products. Antioxidants are natural substances made up of vitamins and minerals. They can counter “free radicals” that damage DNA, lipids, and proteins. In addition, damaged skin cells can speed up aging with wrinkles, dry skin, dark circles under the eyes, dull skin, decrease elasticity and pliability.
Cosmeceuticals Market, By Product Type
- Skin Care
- Anti-Acne
- Anti-Ageing
- Whitening
- Exfoliators
- Others (Anti-Tanning, Moisturizers, Firming, and Anti-Stress)
- Haircare
- Hair Growth
- Scalp Repair
- Anti-Hair Fall
- Others
- Oral Care
- Others
· Botanicals
· Antioxidants
· Proteins
· Moisturizers
· Peptides
· Others
Cosmeceuticals Market, By Distribution Channel
· Pharmacy & Drug Stores
· Specialty Stores
· Beauty Salons
· Online Retailing
· Other Distribution Channels
Cosmeceuticals Regional Overview
Geographically, North America and Europe are the most prominent region for the Cosmeceuticals market. The growth of the Cosmeceuticals market in these regions can be primarily attributed to the high spending capacity of the people and the aggressive marketing strategies of the companies. The market in Asia-Pacific is expected to witness significant growth during the forecast period. The market is extremely lucrative on account of the fast-expanding emerging economies in the region. Identifying an opportunity, most cosmeceutical brands are making efforts to make inroads in the Asia Pacific. Further, the e-commerce thriving in the region has made it easier for people to purchase quality products from well-known brands. Additionally, the increasing prosperities of the middle class mainly in the countries such as India, China, Russia, and Brazil will probably intensify the growth of the cosmeceuticals market.
Cosmeceuticals Market, By Geography
· North America (US & Canada)
· Europe (UK, Germany, France, Italy, Spain, Russia & Rest of Europe)
· Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific)
· LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA)
Cosmeceuticals Market Competitor overview
Some key developments and strategies adopted by manufacturers in Cosmeceuticals are highlighted below.
· June 2021, Procter & Gamble has launched a new sensitive skincare brand, appropriately named GoodSkin MD. The brand soft-launched on its own D2C site and has now made its debut on CVS.com to boot and is set to hit physical shelves. The brand is designed to be gender-inclusive and targeted at the millennial market.
· In January 2021, New Avon Company, the iconic beauty brand and direct sales pioneer, announced that it is changing its corporate name to The Avon Company. The name change reflects Avon's unique and singular history as America's first and leading social selling beauty company.
Cosmeceuticals Market, Key Players
· Unilever Group
· Procter & Gamble
· Allergan Inc.
· Colgate-Palmolive
· BASF SE
· Arch Chemicals
· Croda International
· Johnson & Johnson
· Sabinsa Corporation
· L’Oréal
· AVON
· Estee Lauder
· Beiersdorf
Cosmeceuticals Market Study Global Market Analysis, Insights and Forecast, 2020-2027
1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
4. Key Insights
- 4.1. Key Emerging Trends – For Major Countries
- 4.2. Latest Technological Advancement
- 4.3. Regulatory Landscape
- 4.4. Industry SWOT Analysis
- 4.5. Porters Five Forces Analysis
5. Global Cosmeceuticals Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 5.1. Key Findings / Summary
- 5.2. Market Analysis, Insights and Forecast – By Product Type
- 5.2.1. Skin Care
- 5.2.1.1. Anti-Acne
- 5.2.1.2. Anti-Ageing
- 5.2.1.3. Whitening
- 5.2.1.4. Exfoliators
- 5.2.1.5. Others (Anti-Tanning, Moisturizers, Firming, and Anti-Stress)
- 5.2.2. Haircare
- 5.2.2.1. Hair Growth
- 5.2.2.2. Scalp Repair
- 5.2.2.3. Anti-Hair Fall
- 5.2.2.4. Others
- 5.2.3. Oral Care
- 5.2.4. Others
- 5.2.1. Skin Care
- 5.3. Market Analysis, Insights and Forecast – By Active Ingredients
- 5.3.1. Botanicals
- 5.3.2. Antioxidants
- 5.3.3. Proteins
- 5.3.4. Moisturizers
- 5.3.5. Peptides
- 5.3.6. Others
- 5.4. Market Analysis, Insights and Forecast – By Distribution Channel
- 5.4.1. Pharmacy & Drug Stores
- 5.4.2. Specialty Stores
- 5.4.3. Beauty Salons
- 5.4.4. Online Retailing
- 5.4.5. Other Distribution Channels
- 5.5. Market Analysis, Insights and Forecast – By Region
- 5.5.1. North America
- 5.5.2. Europe
- 5.5.3. Asia Pacific
- 5.5.4. Latin America, Middle East and Africa
6. North America Cosmeceuticals Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 6.1. Key Findings / Summary
- 6.2. Market Analysis, Insights and Forecast – By Product Type
- 6.2.1. Skin Care
- 6.2.1.1. Anti-Acne
- 6.2.1.2. Anti-Ageing
- 6.2.1.3. Whitening
- 6.2.1.4. Exfoliators
- 6.2.1.5. Others (Anti-Tanning, Moisturizers, Firming, and Anti-Stress)
- 6.2.2. Haircare
- 6.2.2.1. Hair Growth
- 6.2.2.2. Scalp Repair
- 6.2.2.3. Anti-Hair Fall
- 6.2.2.4. Others
- 6.2.3. Oral Care
- 6.2.4. Others
- 6.2.1. Skin Care
- 6.3. Market Analysis, Insights and Forecast – By Active Ingredients
- 6.3.1. Botanicals
- 6.3.2. Antioxidants
- 6.3.3. Proteins
- 6.3.4. Moisturizers
- 6.3.5. Peptides
- 6.3.6. Others
- 6.4. Market Analysis, Insights and Forecast – By Distribution Channel
- 6.4.1. Pharmacy & Drug Stores
- 6.4.2. Specialty Stores
- 6.4.3. Beauty Salons
- 6.4.4. Online Retailing
- 6.4.5. Other Distribution Channels
- 6.5. Market Analysis, Insights and Forecast – By Country
- 6.5.1. U.S.
- 6.5.2. Canada
7. Europe Cosmeceuticals Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 7.1. Key Findings / Summary
- 7.2. Market Analysis, Insights and Forecast – By Product Type
- 7.2.1. Skin Care
- 7.2.1.1. Anti-Acne
- 7.2.1.2. Anti-Ageing
- 7.2.1.3. Whitening
- 7.2.1.4. Exfoliators
- 7.2.1.5. Others (Anti-Tanning, Moisturizers, Firming, and Anti-Stress)
- 7.2.2. Haircare
- 7.2.2.1. Hair Growth
- 7.2.2.2. Scalp Repair
- 7.2.2.3. Anti-Hair Fall
- 7.2.2.4. Others
- 7.2.3. Oral Care
- 7.2.4. Others
- 7.2.1. Skin Care
- 7.3. Market Analysis, Insights and Forecast – By Active Ingredients
- 7.3.1. Botanicals
- 7.3.2. Antioxidants
- 7.3.3. Proteins
- 7.3.4. Moisturizers
- 7.3.5. Peptides
- 7.3.6. Others
- 7.4. Market Analysis, Insights and Forecast – By Distribution Channel
- 7.4.1. Pharmacy & Drug Stores
- 7.4.2. Specialty Stores
- 7.4.3. Beauty Salons
- 7.4.4. Online Retailing
- 7.4.5. Other Distribution Channels
- 7.5. Market Analysis, Insights and Forecast – By Country
- 7.5.1. UK
- 7.5.2. Germany
- 7.5.3. France
- 7.5.4. Italy
- 7.5.5. Spain
- 7.5.6. Russia
- 7.5.7. Rest of Europe
8. Asia Pacific Cosmeceuticals Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 8.1. Key Findings / Summary
- 8.2. Market Analysis, Insights and Forecast – By Product Type
- 8.2.1. Skin Care
- 8.2.1.1. Anti-Acne
- 8.2.1.2. Anti-Ageing
- 8.2.1.3. Whitening
- 8.2.1.4. Exfoliators
- 8.2.1.5. Others (Anti-Tanning, Moisturizers, Firming, and Anti-Stress)
- 8.2.2. Haircare
- 8.2.2.1. Hair Growth
- 8.2.2.2. Scalp Repair
- 8.2.2.3. Anti-Hair Fall
- 8.2.2.4. Others
- 8.2.3. Oral Care
- 8.2.4. Others
- 8.2.1. Skin Care
- 8.3. Market Analysis, Insights and Forecast – By Active Ingredients
- 8.3.1. Botanicals
- 8.3.2. Antioxidants
- 8.3.3. Proteins
- 8.3.4. Moisturizers
- 8.3.5. Peptides
- 8.3.6. Others
- 8.4. Market Analysis, Insights and Forecast – By Distribution Channel
- 8.4.1. Pharmacy & Drug Stores
- 8.4.2. Specialty Stores
- 8.4.3. Beauty Salons
- 8.4.4. Online Retailing
- 8.4.5. Other Distribution Channels
- 8.5. Market Analysis, Insights and Forecast – By Country
- 8.5.1. China
- 8.5.2. India
- 8.5.3. Japan
- 8.5.4. Australia
- 8.5.5. South East Asia
- 8.5.6. Rest of Asia Pacific
9. Latin America, Middle East and Africa Cosmeceuticals Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 9.1. Key Findings / Summary
- 9.2. Market Analysis, Insights and Forecast – By Product Type
- 9.2.1. Skin Care
- 9.2.1.1. Anti-Acne
- 9.2.1.2. Anti-Ageing
- 9.2.1.3. Whitening
- 9.2.1.4. Exfoliators
- 9.2.1.5. Others (Anti-Tanning, Moisturizers, Firming, and Anti-Stress)
- 9.2.2. Haircare
- 9.2.2.1. Hair Growth
- 9.2.2.2. Scalp Repair
- 9.2.2.3. Anti-Hair Fall
- 9.2.2.4. Others
- 9.2.3. Oral Care
- 9.2.4. Others
- 9.2.1. Skin Care
- 9.3. Market Analysis, Insights and Forecast – By Active Ingredients
- 9.3.1. Botanicals
- 9.3.2. Antioxidants
- 9.3.3. Proteins
- 9.3.4. Moisturizers
- 9.3.5. Peptides
- 9.3.6. Others
- 9.4. Market Analysis, Insights and Forecast – By Distribution Channel
- 9.4.1. Pharmacy & Drug Stores
- 9.4.2. Specialty Stores
- 9.4.3. Beauty Salons
- 9.4.4. Online Retailing
- 9.4.5. Other Distribution Channels
- 9.5. Market Analysis, Insights and Forecast – By Country
- 9.5.1. Brazil
- 9.5.2. Saudi Arabia
- 9.5.3. UAE
- 9.5.4. Rest of LAMEA
10. Competitive Analysis
- 10.1. Company Market Share Analysis, 2018
- 10.2. Key Industry Developments
- 10.3. Company Profile
- 10.4. BG Group
- 10.4.1. Business Overview
- 10.4.2. Segment 1 & Service Offering
- 10.4.3. Overall Revenue
- 10.4.4. Geographic Presence
- 10.4.5. Recent Development
- 10.5. Petronas
- 10.6. PetroChina
- 10.7. Great Eastern Energy
- 10.8. Origin Energy
- 10.9. Santos
- 10.10. Dart Energy
- 10.11. Arrow Energy
- 10.12. Essar
- 10.13. Reliance Industries Limited
- 10.14. Baker Hughes, a GE Company LLC
- 10.15. ConocoPhillips Company
- 10.16. Halliburton
- 10.17. bp p.l.c.
- 10.18. Gazprom
Research Process
Data Library Research are conducted by industry experts who offer insight on industry structure, market segmentations technology assessment and competitive landscape (CL), and penetration, as well as on emerging trends. Their analysis is based on primary interviews (~ 80%) and secondary research (~ 20%) as well as years of professional expertise in their respective industries. Adding to this, by analysing historical trends and current market positions, our analysts predict where the market will be headed for the next five years. Furthermore, the varying trends of segment & categories geographically presented are also studied and the estimated based on the primary & secondary research.
In this particular report from the supply side Data Library Research has conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and SOFT) of the companies that active & prominent as well as the midsized organization
FIGURE 1: DLR RESEARH PROCESS
Extensive primary research was conducted to gain a deeper insight of the market and industry performance. The analysis is based on both primary and secondary research as well as years of professional expertise in the respective industries.
In addition to analysing current and historical trends, our analysts predict where the market is headed over the next five years.
It varies by segment for these categories geographically presented in the list of market tables. Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.
Secondary ResearchSecondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and Friend’s study of the Global Extra Neutral Alcohol. It was also used to obtain key information about major players, market classification and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, sec filings, journals, white papers, SOFT presentations, and company web sites.
Market Size EstimationBoth, top-down and bottom-up approaches were used to estimate and validate the size of the Global market and to estimate the size of various other dependent submarkets in the overall Extra Neutral Alcohol. The key players in the market were identified through secondary research and their market contributions in the respective geographies were determined through primary and secondary research.
Forecast Model
