Lucintel Anticipates Global Skincare Products Industry to Reach $102.3 Billion by 2018
Irving, TX, June 07, 2014 --(PR.com
)-- The global skincare products industry is expected to reach an estimated value of $102.3 billion by 2018. The major drivers of skincare products industry are new product innovations such as a new range of anti-aging, anti-wrinkle, and sun care products which resulted in a consistent demand for newer products. Increased awareness in emerging countries has resulted in higher demand for international luxury products. Innovations in skincare products by companies helped to maintain and gain market share.
Lucintel, a leading global management consulting and market research firm, has analyzed the global skincare products industry by product type and region and has come up with a comprehensive research report, “Global Skincare Products Industry 2013-2018: Trend, Profit, and Forecast Analysis.” This report provides an analysis of the global skincare products industry including the, cost structure, growth opportunities, key drivers, and emerging trend of the industry. The study also includes global skincare products industry trends and forecasts through 2018, segmented by regions and product types as follows:
Skincare Products Industry by Regions:
· North America
· Asia Pacific
· Rest of World
Skin Care Products Industry by Product Types:
· Facial Care
· Body and Hand Care
· Sun care
On the basis of its comprehensive research, Lucintel forecasts that majority of the segments for skincare products industry will grow moderately during 2013-2018. Body and hand care segment is growing at a greater pace than facial care, depilatories, and sun care segments. Increase in demand for natural/herbal based body care creams and lotions are the driving the body and hand care segment. Growing demand of skincare products from emerging economies such as China, India, and the Middle East countries is anticipated to boost the market. Dow Corning, BASF, Croda, etc. are among the major ingredient suppliers of global skincare products industry. Regular innovation of products is very important for companies to sustain their successful position in the market.
This 75-slides research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents and pricing information on these timely, insightful reports, contact Lucintel at +1-972-636-5056 or via email at email@example.com. Lucintel provides cutting-edge decision support services that facilitate critical decisions with greater speed, market insight, and cost efficiency. To learn more, visit www.lucintel.com You can also contact us through Live Chat in its website to answer your questions in real time.
Lucintel, the premier global management consulting and market research firm creates winning strategy for growth—whether you need to understand market dynamics, identify new opportunities, or increase your profitability. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M & A and due diligence services to executives and key decision-makers in a variety of industries. Over the last 15 years, Lucintel has served over 1,000 corporations in 70 countries. For further information, visit www.lucintel.com