Europe Skin Care Products Market Regional Analysis, Key Players, Future Projection, Comprehensive Study, and Forecasts
According to a new market research study on “Europe Skin Care Products Market to 2028 – COVID-19 Impact and Regional Analysis and Forecast by Product Type, Category, End User, and Distribution Channel” is expected to reach US$ 53,030.01 million by 2028 from US$ 31,890.51 million in 2021. The market is estimated to grow at a CAGR of 7.5% from 2021 to 2028. The report provides trends prevailing in the Europe skin care products market along with the drivers and restraints pertaining to the market growth. Rising demand for organic skin care products and growing consumption of anti-aging products are the major factor driving the growth of the Europe skin care products market. However, concerns around PFAS chemicals found in skin care products hinder the growth of Europe skin care products market.
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The List of Companies
- Avon Products
- Beiersdorf
- Himalaya Wellness Company
- Johnson & Johnson Services, Inc.
- L’Oréal Groupe
- Procter & Gamble
- Shiseido Co.,Ltd.
- Unilever
- VLCC Wellness
Skincare is a vital aspect of personal care, encompassing both the correction and prevention of skin issues. The integration of skincare benefits into makeup has become a prevailing trend in the skincare market. Growing concerns about skin sensitivity and increasing awareness of the harmful effects of synthetic chemicals are driving the demand for organic skincare products. Consumers are increasingly inclined toward products formulated with natural or organic ingredients.
The organic skincare market is highly dynamic and expanding rapidly, with companies continuously innovating to introduce new functionalities and features. For example, in December 2020, Essential launched a natural makeup and skincare line enriched with powerful organic ingredients and a special serum formula designed to enhance the lips and eyes. The use of inappropriate products can trigger allergic reactions, further fueling the demand for organic skincare solutions across the region.
With advancements in technology and product innovation, vendors have the opportunity to attract new customers and expand into emerging markets. These factors are expected to drive the growth of the European skincare products market, which is projected to experience a strong CAGR during the forecast period.
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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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