Industry Background:
Increasing demand for natural, herbal, and organic products that have no adverse effects is expected to boost the market growth over the forecast period. There is a wide variety of products available on the market including sunscreens, anti-aging creams, body lotions, and skin brightening creams. Rising awareness regarding the various benefits of using personal care products has resulted in a rise in their demand over the last few years. This has also boosted the demand for natural and organic skincare products, making it a major sector in the cosmetics and wellness industry.
This growth is primarily driven by Increasing Awareness about Natural Ingredients Providing UV Protection and Rising Demand for Skin Brightening Face Creams.
Globally, a noticeable market trend is evident The Growing E-Commerce Sector
. The Personal Products sector in the North America region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Vendors, such as Proctor & Gamble Company (United States), Helen of Troy Ltd. (United States), Godrej Industries Ltd. (India), Johnson & Johnson (United States), Unilever (United Kingdom), Colgate-Palmolive Company (United States), Avon Products (United Kingdom) and L’Oréal Paris (France) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
On 27th March 2019, Gerresheimer expanding its production sites in Belgium and Germany. The firm will be presenting its latest glass creations for the international cosmetics market at Beautyworld Middle East in Dubai on the Persian Gulf. The glass innovation is on the basis of colors, shapes, and effects properties.
Market Drivers
- Increasing Awareness about Natural Ingredients Providing UV Protection
- Rising Demand for Skin Brightening Face Creams
Market Trend
- The Growing E-Commerce Sector
- Rise in Awareness towards Advanced Body Care Products
Restraints
- Limited Shelf Life of the Body Care Product Poses
Opportunities
Technological and Product Innovations have Led to Increased Demand for Body Care Products
AMA Research follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Vendors landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts, but also include significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Body Care Study Sheds Light on
The Body Care Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the Body Care industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Body Care industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold value they currently claim, or capture the new addressable opportunity.