Cosmeceuticals Market Size worth USD 73.73 billion with 8.9% CAGR by 2026; Increasing Number of Company Collaborations Will Provide Impetus to Market Growth, says Fortune Business Insights(TM)

Laveta Brigham

The MarketWatch News Department was not involved in the creation of this content. Pune, Sep 30, 2020 (GLOBE NEWSWIRE via COMTEX) — Global cosmeceuticals market size is projected to reach USD 73.73 billion by the end of 2026. The increasing investment in the R&D of newer products will have a […]

The MarketWatch News Department was not involved in the creation of this content.

Pune, Sep 30, 2020 (GLOBE NEWSWIRE via COMTEX) —
Global cosmeceuticals market size is projected to reach USD 73.73 billion by the end of 2026. The increasing investment in the R&D of newer products will have a massive impact on the growth of the market in the coming years.

According to a report published by Fortune Business Insights, titled “Cosmeceuticals Market Size, Share & Industry Analysis, By Product (Skin Care, Hair Care, Injectable and Others), By Distribution Channels (Pharmacy/Drug Stores, Online Stores, and Others), and Regional Forecast, 2019-2026,” the market was worth USD 37.41 billion and will exhibit a CAGR of 8.9% during the forecast period, 2019-2026.

Industry Developments:

April 2019: L’Oreal is planning to acquire and merge with companies that offer a range of make-up and skin care products to enhance its existing portfolio of skin care products.

Request a Sample Copy of the Research Report: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/cosmeceuticals-market-102521

Cosmeceuticals are products that are inclusive of normal cosmetics and a few pharmaceuticals. The primary purpose behind the use of these products is the need for enhancing body appearance. These functions are carried out by the antioxidants used in the cosmeceuticals products. Recent advances in manufacturing as well as ingredients of these products will bode well for the market in the forthcoming years.

The increasing adoption of visually appealing aesthetics, coupled with the availability of cosmeceuticals at a low cost, will have a positive impact on the growth of the market in the coming years. Additionally, the increasing number of regulatory approvals has boded well for the market in recent years and will continue to have a positive impact on the market in the coming years.

The whole world is fighting the novel coronavirus. Sectors and industries are devasted due to the major loss caused by COVID-19 in business. The authorities of several countries have initiated lockdown to prevent the spread of this deadly virus. Such plans have caused disturbances in the production and supply chain. But, with time and resolution, we will be able to combat this stern time and get back to normality. Our well-revised reports will help companies to receive in-depth information about the present scenario of every market so that you can adopt the necessary strategies accordingly.

To get to know more about the short-term and long-term impacts of COVID-19 on this market, please visit: https://www.fortunebusinessinsights.com/cosmeceuticals-market-102521

Increasing Number of Company Mergers Will Aid Market Growth

The report encompasses several factors that have contributed to the growth of the market in recent years. The increasing number of company mergers and acquisitions has had a massive impact on the growth of the market. Accounting to the huge potential held by the products, several large scale companies are looking o invest more in the research and development of newer products. Moreover, major companies are looking to acquire small and medium enterprises, with a bid to establishing a stronghold in the market.

In October 2018, Shiseido announced that it has completed the acquisition of ‘Drunk Elephant.’ The company possesses an attractive portfolio of clean clinical skincare products. This acquisition will not only help the company grow, but will have a massive impact on the growth of the market in the coming years.

Quick Buy – Cosmeceuticals Market Research Report: https://www.fortunebusinessinsights.com/checkout-page/102521

North America to Emerge Dominant; Increasing Investments by Major Companies Will Aid Market Growth

The report analyses the ongoing blood screening market trends across North America, Latin America, Asia Pacific, and the Middle East and Africa. Among these regions, the market in Asia Pacific holds the highest market share, driven by the huge demand for these products in several countries across this region.

As of 2018, the market in Asia Pacific was worth USD 18.32 billion and this value is projected to increase further in the coming years. Besides Asia Pacific, the market in North America and the Middle East and Africa will witness moderate growth in the coming years.

Some of the companies that are operating in the Cosmeceuticals Market include:

— L’Oreal

— Beiersdorf Global

— Croda International Plc

— Allergan

— Avon

— BASF SE

— Estee Lauder Companies Inc.

— Shiseido Company, Limited

— Procter & Gamble

— Elementis

— Others

Have Any Query? Ask Our Experts: https://www.fortunebusinessinsights.com/enquiry/speak-to-analyst/cosmeceuticals-market-102521

Cosmeceuticals Market Segmentations:

By Product Type

— Skin Care

Anti Ageing

Skin Whitening

Sun Protection

Professional Skincare

Anti-Acne

Others

— Hair Care

Hair Growth

Anti Dandruff

Others

— Injectables

Botox Cosmetics

Dermal Fillers

Other Injectables

— Others

Lip Care

Tooth Whitening

Anti Cellulite/body Slimming Preparations

Others

By Distribution Channel

— Pharmacy/Drug Stores

— Online stores

— Others

By Geography

— North America (U.S. and Canada)

— Europe (U.K., Germany, France, Italy, Spain, and Rest of Europe)

— Asia Pacific (India, Japan, Australia, Southeast Asia, China, and Rest of Asia Pacific)

— Rest of the World

Get your Customized Research Report: https://www.fortunebusinessinsights.com/enquiry/customization/cosmeceuticals-market-102521

Have a Look at Related Reports:

Legionella Testing Market Share & Industry Analysis, By Type (Culture Media, Urine Antigen Testing (UAT), Polymerase Chain Reaction (PCR), Serology, and Direct Fluorescent Antibody (DFA) test; By End User (Hospitals & Clinics, Diagnostic Centers, and Others) and Regional Forecast, 2020-2027

Alopecia Treatment Market Share & Industry Analysis, By Route of Administration (Topical, Injectable, Oral), By Gender Type (Male, Female), By Age Group (Below 18 years, 18 – 34 Years, 35 – 49 Years, Above 50 Years), By End User and Regional Forecast, 2020-2027

Non-steroidal Anti-Inflammatory Drugs (NSAIDs) Market Share & Industry Analysis, By Disease Indication (Arthritis, Migraine, Ophthalmic Diseases, and Others), By Route of Administration (Oral, and Parenteral), By Distribution Channel (Hospital Pharmacy Retail Pharmacy, and Online Pharmacy), and Regional Forecast, 2020-2027

Anti-Fungal Drugs Market Share & Industry Analysis, By Drug Type (Echinocandins, Azoles, Polyenes, and Allylamines), By Indication (Dermatophytosis, Aspergillosis, Candidiasis, and Others), By Route of Administration (Oral, Topical, and Parenteral), By Distribution Channel (Hospital Pharmacies, Retails Pharmacies & Drug Stores, and Others), and Regional Forecast, 2020-2027

Anti-Inflammatory Drugs Market Share & Industry Analysis, By Drug Class (Anti-inflammatory Biologics, Non-steroidal Anti-inflammatory Drugs (NSAIDs), Corticosteroids), By Application (Autoimmune Inflammatory Diseases (Rheumatoid Arthritis Psoriasis), Respiratory Diseases), By Route of Administration (Oral, Injection, Inhalation, and Topical), By Distribution Channel (Hospital Pharmacy, Retail Pharmacy), and Regional Forecast, 2020-2027

About Us:

Fortune Business Insights(TM) offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.

Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.

At Fortune Business Insights(TM) we aim at highlighting the most lucrative growth opportunities for our clients. We, therefore, offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.

Contact Us:

Fortune Business Insights(TM) Pvt. Ltd.

308, Supreme Headquarters,

Survey No. 36, Baner,

Pune-Bangalore Highway,

Pune – 411045, Maharashtra, India.

Phone:

US :+1 424 253 0390

UK : +44 2071 939123

APAC : +91 744 740 1245

Email: [email protected]

Fortune Business Insights(TM)

LinkedIn | Twitter | Blogs

Press Release: https://www.fortunebusinessinsights.com/press-release/cosmeceuticals-market-9675

https://ml.globenewswire.com/media/05408ba1-26b1-4fdd-8f48-1af4df373348/small/fbi-logo-tm-png.png

COMTEX_372116297/2010/2020-09-30T11:45:56

Is there a problem with this press release? Contact the source provider Comtex at [email protected] You can also contact MarketWatch Customer Service via our Customer Center.

(C) Copyright 2020 GlobeNewswire, Inc. All rights reserved.

The MarketWatch News Department was not involved in the creation of this content.

Source Article

Next Post

Read our review now it's back in stock

After her last eyeshadow collaboration ended in controversy in 2016, does the new launch live up to expectations? We find out (Beauty Bay/NikkieTutorials) Bright and bold make-up lovers, rejoice. Dutch make-up artist and beauty YouTuber Nikkie de Jager, better known as NikkieTutorials, has launched an eyeshadow palette in collaboration with […]