The Asia Pacific Anti-acne Cosmetics Market would witness market growth of 6.8% CAGR during the forecast period (2020-2026).
Market players are putting high significance on reinforcing their distribution networks in organized retailing. This will aid them in acquiring the highest consumer footprints in every kind of retailing distribution channel, and hence, expanding their business volume & income. Leading vendors are providing a wide combination of items & performing different marketing, advertising, and promotional activities to improve their item & brand visibility. Retail giants like Walmart, Target, and Tesco Plc (Tesco) provide a distinct retailing section for personal care items.
Various vendors are performing clinical trials and providing appealing kits & discounts with an aim to attract customers and impact their purchasing choice. The expanding number of high-end brand outlets, shopping centers, and supermarkets, particularly in emerging countries, like India and China, will additionally support the offline sales of anti-acne cosmetics. Thus, the development of organized retailing will have a significant impact for boosting the demand for anti-acne cosmetics during the forecast period.
In the last few years, the cost of anti-acne cosmetics has witnessed a declining trend & this pattern will continue for years to come. Though, developments of the energy sector, transportation prices, workers’ salary, and device depreciation will play a crucial role in increasing the prices of anti-acne cosmetics. Hence, the market players face the possibility of low-profit margins.
The China market dominated the Asia Pacific Men Market by Country in 2019, and would continue to be a dominant market till 2026; growing at a CAGR of 5.5 % during the forecast period. The Japan market is showcasing a CAGR of 8.6% during (2020 - 2026). Additionally, The India market is poised to grow at a CAGR of 8.7% during (2020 - 2026).
Based on Product, the market is segmented into Creams & Lotions, Cleanser & Toner, Mask and Other Products. Based on End Use, the market is segmented into Women and Men. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Estee Lauder Companies, Inc. (Clinique), Unilever PLC (Murad Skincare), Johnson and Johnson, L’Oreal Group, LVMH SE, Beiersdorf AG, KOSE Corporation, Rohto Pharmaceutical Co., Ltd. (Mentholatum), The Proactiv Company LLC (Guthy-Renker LLC), and Ancalima Lifesciences Limited.
Scope of the Study
- Creams & Lotions
- Cleanser & Toner
- Other Anti-acne Cosmetics
By End Use
- South Korea
- Rest of Asia Pacific
- Estee Lauder Companies, Inc. (Clinique)
- Unilever PLC (Murad Skincare)
- Johnson and Johnson
- L’Oreal Group
- LVMH SE
- Beiersdorf AG
- KOSE Corporation
- Rohto Pharmaceutical Co., Ltd. (Mentholatum)
- The Proactiv Company LLC (Guthy-Renker LLC)
- Ancalima Lifesciences Limited
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