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Facial Care Market to Surge at a Robust Pace In Terms Of Revenue Over 2031 Date: May 12, 2022 Author: tmrseo

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Transparency Market Research delivers key insights on the Asia Paci몭c facial care market. In terms of revenue, the Asia Paci몭c facial care market is estimated to expand at a CAGR of 6.9% during the forecast period, owing to numerous factors regarding which TMR o몭ers thorough insights and forecasts in the market report. In this market report, TMR predicts that the growth of the facial care market is augmented by increased awareness about the products and the entry of new multinationals, which has made facial care products more easily visible and accessible to consumers. The Asia Paci몭c facial care market is primarily driven by the growing popularity of multifunctional products, and the widening horizon of distribution networks Privacy & Cookies: This site uses cookies. By continuing to use this website, you agree to

Privacy & Cookies: This site uses cookies. By continuing to use this website, you agree to their use.channels. Additionally, growing demand for fairness and To 몭nd out more, including how to control cookies, see here: Cookie Policy

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increased focus on advertising, and consumer lifestyle changes, are

expected to be some of the identi몭able factors supporting the growth of the facial care market in the Asia Paci몭c region during the forecast period. Get a PDF brochure for Industrial Insights and business Intelligence @ https://www.transparencymarketresearch.com/sample/sample.php? 몭ag=B&rep_id=2148 Facial care comprises almost 70% of skin care market revenue and is expected to grow exponentially in the upcoming years. This growth can be attributed to the introduction of diversi몭ed products such as antiaging creams, BB creams, moisturizers, skin toners, cleansing wipes, masks & serums, etc. Key manufacturers of facial care products continuously focus on investment in research & development to introduce innovative products. Prominent players in the facial care market are engaging with clients by o몭ering them customized solutions. Key players promoting several innovative products having e몭ective natural ingredients for di몭erent skin types as per gender, age, and usage is likely to drive the facial care market. Changing modern lifestyle and rising skin-related concerns are some of the primary factors boosting the demand for facial care products. Change in purchasing behaviour of consumers and expansion of distribution channels & networks are expected to contribute signi몭cantly to the development of the facial care market in Asia Paci몭c. Furthermore, rising demand for fairness and anti-aging products and increasing adoption of e-commerce are projected to fuel the expansion of the market in Asia Paci몭c.

The rising popularity of multi-functional facial care products and rising demand for men’s grooming products are some of the primary factors augmenting the growth of the facial care market in Asia Paci몭c. In addition, introduction of natural facial care products is estimated to accelerate the growth of the overall market in the next few years. Of the di몭erent product types, skin whitening and anti-aging constituted the largest segment in 2020. The fairness cream segment in Asia Paci몭c is experiencing strong demand due to enhanced awareness driven by larger penetration of media, and also due to rise in consumer disposable income. The fairness cream segment is poised for further growth aided by the increase in organized retailing and growing demand from the men’s segment. The men’s consumer group segment is expected to expand at the fastest growth rate from 2021 to 2031. The shift in trend can be attributed to reasons such as men becoming savvy consumers of skincare and seeking ways to look and feel better. Among retail distribution channels, the non-store-based retailing segment is expected to expand at the fastest growth rate due to increasing Internet penetration and social networking sites where manufacturers place advertisements for their products. Get a Customized Research Report @ https://www.transparencymarketresearch.com/sample/sample.php? 몭ag=CR&rep_id=2148 Asia Paci몭c Facial Care Market: Prominent Countries The Asia Paci몭c market for facial care has been categorized into India, Indonesia, Japan, Oceania (Australia and New Zealand), Thailand, South Korea, Malaysia, Hong Kong, and China. Among these countries, China leads the overall facial care market at present and expected to remain in the leading position during the forecast period. Driven by the impact of

all the above-mentioned factors, the Asia Paci몭c facial care market is expected to record growth at a CAGR of 6.9% during the period 2021 to 2031. The market is dominated by China, owing to the huge population size and economic prosperity of the nation, which directly a몭ects consumption demand. Furthermore, after China, the market in India and Japan is estimated to witness signi몭cant growth, due to the growing disposable income of consumers and rising popularity of facial care products. Consumers in Asia Paci몭c are shifting toward Western luxury brands for enhanced results, which is likely to drive the overall market in the upcoming years. In addition, growing awareness among consumers regarding facial care and easy availability of products in developing nations of Asia Paci몭c are estimated to drive the demand for facial care products over the next few years. Asia Paci몭c Facial Care Market: Key Players The competition landscape of the facial care market is highly fragmented with leading players accounting for majority of the revenue share. Key players operating in the global market include L’Oreal S.A, Unilever Ltd., Shiseido Co. Ltd., The Procter and Gamble Company, Estee Lauder Company Ltd., Johnson and Johnson Ltd., Kose Corporation, and Kao Corporation. Asia Paci몭c Facial Care Market: Segmentation Asia Paci몭c Facial Care Market, by Product Skin Whitening/Lightening and Anti-aging Creams Facial Creams Face Wash Cleansing Wipes

Cleansing Wipes Serums and Masks Others (Fade Creams, Pore Strips, and Toners) Asia Paci몭c Facial Care Market, by Consumer Group Men Women Asia Paci몭c Facial Care Market, by Retail Distribution Store Based Non-store Based Asia Paci몭c Facial Care Market, by Country China Japan India Indonesia Malaysia Hong Kong South Korea Thailand Oceania (New Zealand and Australia) Inquiry Before Buying: https://www.transparencymarketresearch.com/sample/sample.php? 몭ag=EB&rep_id=2148

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