Skin care products are known to rejuvenate the skin cells, enhance complexion, provide sun protection, and prevent aging & wrinkles. Consumers are quite conscious about the quality and safety of such products and expect them to yield better results. Global skin care market consists of face creams and body lotions. Of these two segments, face creams lead the market in terms of global sales. Face creams comprise skin brightening, sun protection and anti-aging products. Due to the highly competitive nature of the market, vendors compete on the basis of novel products, quality, pricing and customer preferences.
Skin care products are witnessing tremendous growth due to factors like availability of products online, new formulations, rise in demand among both male and female consumers, development of organic skincare solutions and anti-aging & multi-benefit personal care offerings. Concerns about adverse effects of pollution, ultra violet (UV) rays and growing general awareness about healthy skin are also some of the factors driving demand globally.
Organic skincare products are gaining popularity as consumers are increasingly opting products that are free from artificial chemicals. This has compelled companies to manufacture novel skin care products derived from organic and natural sources. Market demand is expected to be mainly driven by Asia Pacific region, especially from countries like China, India and Japan where demand for skin whitening creams and other personal grooming products is high among both men and women.
Presently, skin lightening products are a huge success among consumers as they reduce skin pigmentation, discoloration, scars, age spots and acne marks. Vendors have also upgraded these products with UV ray protection since a lot of consumers are concerned about skin cancer, reducing wrinkles and tanning. Currently, UV absorbers are incorporated in all kinds of skin care products. Some vendors even manufacture products from natural ingredients and medicinal herbs.
ASDReport.com has a good collection of reports on skincare market. The reports provide market insights on various skin care products like after-sun, face mask & peels, shaving products, sun protection, suncare, professional make-up & skin care products and much more.