The study covers a detailed analysis segmented by key business segments i.e. by type (Cream and Lotion, Serum, Oil and Gel) , by application (Day and Night) and major geographies. Research Analyst at AMA predicts that Asia Pacific Vendors will contribute to the maximum growth of Global Anti-wrinkle Products market throughout the predicted period.
What is Anti-wrinkle Products?
Wrinkle creams often are moisturizers with active ingredients that provide additional benefits to the skin. These added ingredients are intended to enhance skin tone, texture, fine lines and wrinkles. The effectiveness of these products depends in part on different skin type and the active ingredient or ingredients. Moisturizing alone can improve the appearance of the skin. It temporarily plumps the skin, making lines and wrinkles less noticeable. Moisturizers are lotions, creams, gels and serums made of oils and other ingredients, such as proteins, glycerin, lactate and urea. In modern time, consumers are demanding one solution for all skin troubles, which is impelling manufacturers to supply multi-functional products. The introduction of beauty balm (BB) and color correction (CC) creams with improved properties, such as skin treatment, skin repair, moisture control, and sun protection, will strengthen the sales of anti-aging and anti-wrinkle products.
The competition is expected to become even more intense in the years to come due to entry of several new players in the market. To help clients improve their revenue shares in the market, this research study provides an in-depth analysis of the markets competitive landscape and offers information on the products offered by various leading companies. Additionally, this Anti-wrinkle Products market analysis report suggests strategies Vendors can follow and recommends key areas they should focus on, in order to take maximum benefits of growth opportunities.
The report offers several leading Vendors, including:
- L’Oreal (France)
- Clarins (France)
- Estee Lauder (United States)
- Olay (Procter & Gamble) (United States)
- Revlon (United States)
- Forest Essentials (India)
- Face Shop (South Korea)
- Avon (United States)
- CeraVe (United States)
- Drunk Elephant (United States)
- Shiseido (Japan)
- Unilever (United Kingdom)
- Johnson & Johnson (United States)
- Nivea (Beiersdorf) (Germany)
- Colgate-Palmolive (United States)
- Kao (Japan)
- Oriflame Cosmetics (Switzerland)
- Natura&Co (Brazil)
Under the law, cosmetics must be safe when consumers use them according to product labeling, or the way in which the products are customarily used. But the law does not require cosmetics to be approved by FDA before they go on the market. Drugs, however, must have FDA approval for both safety and effectiveness before they go on the market. Similarly, medical devices must go through FDA’s clearance process. FDA is concerned about drug claims made for products marketed as cosmetics, such as skin care products with anti-wrinkle or anti-aging claims that involve supposed effects on the structure or function of the skin.
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies.
Market Trend
Technological Advancements in the Cosmetic Industry, Rising Demand for Natural and Organic Skincare Products and Rising Popularity of Online Distribution Channels
Restraints
- Stringent Regulatory Policies and Side Effects Associated With the Products
Opportunities
Increasing Spending on R&D for Cosmetic Products in Some countries Like South Korea and Japan and Rising Levels of Pollution and Exposure to UV Light Have Resulted In an Increased Demand for Anti-Wrinkle Products
Key highlights of the Global Anti-wrinkle Products market Study:
CAGR of the market during the forecast period 2020-2026
In-depth information on growth factors that will accelerate the Anti-wrinkle Products market in next few years.
Detailed Insights on futuristic trends and changing consumer behaviour
Forecast of the Global Anti-wrinkle Products market size and its contribution to the parent market by type, application and by country.
A broad view of customer demand
Uncover markets competitive landscape and in-depth information on various Vendors
Comprehensive information about factors that will challenge the growth of Anti-wrinkle Products Vendors
Transformation and Important Trigegrs:
Business transformation has taken hold across the broad corporate landscape due to the confluence of several important triggers, including:
A tipping point in globalization
A major slowdown in Western economies
Significant shifts in technology and cost structure
The challenges of regulatory compliance
New forms of competition developing
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Anti-wrinkle Products market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Anti-wrinkle Products market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment> by targeting key target audience that includes Manufacturers of Anti-Wrinkle Products, Suppliers of Anti-Wrinkle Products, Wholesalers, Distributors and Retailers of Anti-Wrinkle Products, Cosmetic Industry, Regulatory Bodies and Others.
This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.