iCrowd Newswire
02 Dec 2021, 12:49 GMT+10
According to the current analysis by Reports and Data, it was found that the Global Anti Acne makeup market is expected to hold a CAGR of 4% and will be valued at USD 3.54 Billion by the end of the forecast period in 2028. Acne Vulgaris is one of the most common forms skin diseases faced by people all around the globe. The path of progression undertaken by this market can be attributed to the upswing of population of the age between 15- 25 whose sebum creation occurs at rapid rate, causing severe dermatological damage. The natural causes coupled with unhealthy living habits have resulted in a considerably vast spectrum of consumers dispersed in several corners of the world. The research and development in this particular field has been able to bring out products which will cater to the diverse needs of its dynamic market.
The emergence of the quality and competitive benchmarking among the competitors have been able to improve the quality of these commodities. The competitive landscape of the market has forced the companies involved to undertake competitive pricing which has triggered the slight reduction of profits due to constant or rising factor prices. The products using Salicylic acid which results in opening of clogged pores and flushing out bacteria are the most popular one. Custom made makeup items and cosmetics taking into regard the skin type and colour has augmented the consumer base of these products. High end products like Clinique and Murad are demanded due to their quality and effectiveness.
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Companies considered and profiled in this market study: Clinique, Proactiv, Murad, Neutrogena, Ancalima Lifesciences Ltd, Vichy, LaRochPosay, Mentholatum, Kose and DoctorLi.
Segmentation
For the purpose of this study, Reports and Data have segmented Anti Acne makeup market on the basis of product, end use, distribution channel, active ingredients and region.
Product (Revenue in USD Million; 2020–2028)
Mask
Emulsifiers
Cleanser
Others
End Users (Revenue in USD Million; 2020–2028)
Women
Men
Distribution Channels (Revenue in USD Million; 2020–2028)
General stores
Supermarkets
Brand outlets
Drug stores
Online stores
Active Ingredients used (Revenue in USD Million; 2020–2028)
Salicylic acid
Benzoyl peroxide
Regional Outlook (Revenue in USD Million; 2020–2028)
North America
Europe
Asia Pacific
Middle East & Africa
Latin America
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Further Key Findings from the report suggests that,
The market has a highly competitive landscape dominated by nine players making it slightly fragmented.
The market is driven by a steep rise in a section of population, who are willing to dispose their income on high end luxury goods which serves the purpose mentioned.
The studies confirm that acne is a phenomenon which requires treatment and this has further led to increased capital investments and capacity enhancing drives undertaken by existing firms.
Consumption of these goods are comparatively lesser among the men, accounting to less than 35.7% of the entire market share.
Combinations of Salicylic acid and Benzoyl peroxide are considered to be most effective active ingredients and it fights blackheads and pimples.
It is difficult for new entrants from less developed countries due to severe restrictions and tests imposed by Food and Drug Association in USA due to budget constraints.
Product launches and competitive pricing are regarded as the major strategies prevalent among competitors to capture the market share.
Japan is at pace with Europe to become largest producer of these cosmetics. It is currently regarded as the second largest producer with 24 % of the market share
In the consumer market, China, US and Europe stand in prime positons.
Largest volume of sales take place through general departmental stores as well as super markets accounting to over 30% of the sales.
Key insights presented in the report:
Market revenue shares by major business players, by type, application, and market scope of global Anti Acne Makeup market
Sales revenue by key players and new entrants
Competitive analysis of key players, including company overview, product or services specification, vendors, and buyers.
Recent mergers, acquisitions, product launches, recent investments, and joint ventures Regional analysis to provide insight into recent trends and opportunities.
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Thank you for reading the report. Kindly note that we also offer customized reports according to the client requirement. Do contact us to know more about the customization feature and our team will provide you with the customized report as requested.
Read our Blog @
https://reportsanddata.com/blog/top-8-food-industry-trends
https://www.reportsanddata.com/blog/top-10-cosmetics-and-beauty-industry-trends
https://www.reportsanddata.com/blog/top-10-luxury-furniture-brands
https://www.reportsanddata.com/blog/top-10-home-appliances-brands
About Reports and Data Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help client's make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Products, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
Tags: Anti Acne Makeup Market Trends, Anti Acne Makeup Market, Anti Acne Makeup Market Growth, Anti Acne Makeup Market Size, Anti Acne Makeup Market Demand
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