123ArticleOnline Logo
Welcome to 123ArticleOnline.com!

ALL >> Business >> View Article

Lucintel Identifies Middle Class In China And India As Growth Drivers For Global Skin Care Products

By Author: Roy Almaguer
Total Articles: 84

Asia Pacific (APAC) has emerged as the fastest-growing region in the global skin care products industry. It is expected to continue that growth momentum over the next five years. The industry is expected to witness good growth with industry revenuereaching an estimated $102.3 billion in 2018.Increased consumption in the huge markets of India and China and in growing economies such as Indonesia and the Philippines are likely to drive growth in the industry.

Lucintel, a leading global management consulting and market research firm, has conducted a competitive analysis on the industry and presents its findings in “Global Skin Care Products Industry 2013-2018: Trend, Profit, and Forecast Analysis.”Facial care was the largest segment in the industry, followed by the body and hand care segment in 2012.Competition in the skin care products industry is high due to it being consolidated.Some of the major players in this market are L’Oreal, Unilever, Kao Corporation, Procter & Gamble, and Estee Lauder Companies Inc.

Increased awareness in emerging countries has resulted in higher demand for international luxury products. Providing good quality products at low cost is a challenge for manufacturers. Growing middle class populations in countries such as China and India and an increasing number of working women are expected to boost demand for premium salon skin care products.APAC is expected to emerge as the largest market for skin care industry during the forecast period. The European skin care industry is expected to show relatively flat growth over the next five years compared to other regions as the result of post-recessionary effects.

Facial care is expected to be the largest segment in terms of value during forecast period. Innovations in skin care products such as multiple features in a single product and targeted products for particular skin problems are expected to drive the industry toward growth. Increasing demand for herbal skin care products is an emerging trend of the industry. Lucintel offerings include M & A and Due Diligence.

This report provides an overview of the global skin care products industry. For a detailed table of contents and pricing information on this timely, insightful report, contact Lucintel at +1-972-636-5056 or via email at helpdesk@lucintel.com. Lucintel’s Opportunity Screening and Business Strategy Consulting services continue to support decision makers in achieving their growth objectives. Visit Lucintel Product list http://www.lucintel.com/lucintel-product-catalog.html to see a complete list of Lucintel reports. Sign up for our free Email Newsletter http://www.lucintel.com/newsletter.aspx. Like us on https://www.facebook.com/lucintel

Total Views: 47Word Count: 398See All articles From Author

Business Articles

1. Information About The Materials That Used In Electric Bike
Author: Larry Bushart

2. Virtual Office In Switzerland – Breaking The Conventional Idea Of Office Space
Author: Mr Dimitri Rusca

3. An Idea About The Rising Damp Treatment
Author: George Dean

4. An End-to-end Retail Management Solution For Small/medium Retail Business
Author: Adam Smith

5. Virtual Office In Geneva – What Are The Advantages Of Having One
Author: Mr Dimitri Rusca

6. Get Excellent Cleaning Of Tiles With Tiling Work Dubai
Author: mrtechDubai

7. About The Digital Marketing Solution Providers And Local Marketing Services At Cyber Flavors
Author: Unknown Member

8. Bike & Bicycle Shelters- Order For Installations
Author: lockitsafeuk

9. Servo Voltage Stabilizer - What It Is And Why Is It So Important?
Author: R. D. Electric Works

10. Living With Mould In Your Home
Author: Fred Lydick

11. Different Types Of Water Pumps And Their Uses
Author: Gbenga Kukler

12. Laser Cutting
Author: Emily Stone

13. Why Don’t More Agencies Have In-house Translators?
Author: Shreya Gupta

14. Arturo Fuente Gran Reserva
Author: Arturo Fuente Gran Reserva

15. L'entrepreneur Denis Vincent Et Son Histoire Génial De Succès
Author: Denis Vincent

Login To Account
Login Email:
Password:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: