Europe Cosmeceuticals Market - Global Drivers, Opportunities, Trends, and Forecasts by 2028

According to a new market research study on “Europe Cosmeceuticals Market to 2028 – COVID-19 Impact and Regional Analysis and Forecast by Active Ingredient, Distribution Channel, and Product” is expected to reach 21,746.39 US$ million by 2028 from 12,345.02 US$ million in 2021. The market is estimated to grow at a CAGR of 8.4% from 2021 to 2028. The report provides trends prevailing in the Europe cosmeceuticals market along with the drivers and restraints pertaining to the market growth. Rising popularity of male grooming products is the major factor driving the growth of the Europe cosmeceuticals market. However, issues associated with strict regulatory approvals hinders the growth of Europe cosmeceuticals market.   

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The List of Companies 

  1. Allergan
  2. Amway Corp.
  3. Avon Products Inc.
  4. BASF SE
  5. Beiersdorf Global
  6. Croda International Plc
  7. Johnson & Johnson
  8. L'Oreal
  9. Procter & Gamble
  10. Unilever plc

The male grooming industry is emerging as a significant driver of growth in the European cosmeceuticals market. Over the past decade, there has been a notable shift in male self-care habits, with an increasing number of men embracing skincare and grooming products. Demand for anti-aging and acne-control cosmeceuticals among men is on the rise, contributing to a growing share of male consumers in overall sales. Influencers and brands are playing a key role in breaking outdated stereotypes, encouraging men to invest in personal care. In skincare, the market is witnessing the development of products tailored to different skin types and varying degrees of facial hair. While product launches for men remain fewer than those for women, the gap is gradually narrowing.

Additionally, advancements in features and technology are enabling vendors to attract new customers and expand into emerging markets, further propelling market growth. As a result, the European cosmeceuticals market is expected to experience a strong CAGR during the forecast period.

About Us:

Business Market Insights is a market research platform that provides subscription service for industry and company reports. Our research team has extensive professional expertise in domains such as Electronics & Semiconductor; Aerospace & Defense; Automotive & Transportation; Energy & Power; Healthcare; Manufacturing & Construction; Food & Beverages; Chemicals & Materials; and Technology, Media, & Telecommunications

Author’s Bio:

Suryakant Gadekar

Senior Market Research Expert at Business Market Insights

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