Skincare Products Market - Rise in Demand for Anti-ageing Products to be the Key Growth Factor; TMR

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ALBANY, New York, Sept. 14, 2018 (GLOBE NEWSWIRE) -- According to the report, the global  had a net valuation of US$110.69 bn in 2014. Exhibiting a moderate 4.9% CAGR between 2015 and 2021, the market is expected to rise to a revenue opportunity of US$155.44 bn by 2021.

Steady expansion of product portfolios, expansion of geographical outreach, and effective marketing strategies are the areas that most companies in the market focus on to gain a stronger hold on the market. Owing to increased demand for organic products in the past few years, companies have also increased their focus on development of natural and organic product lines to acquire a larger consumer base. Some of the leading companies in the market are Johnson & Johnson Services Inc., The Estee Lauder Companies Inc., Procter & Gamble, Beiersdorf, Kao Corp., L'Oréal S.A., Avon Products Inc., and Unilever.

Factors such as rising consciousness about healthy skin, improving economic conditions of developing countries, rising population of aged people, and consistent rise in demand for a variety of skin care products across the globe are key to the promising growth prospects of the global skin care products market. The massive rise in demand for anti-aging products, sun screen lotions and creams, and skin moisturizing products across Latin America, and a marked rise in demand for organic skin care products, especially across North America and European markets have also elicited significant developments in the global skincare products market in the past few years.

Over the next few years, the market will benefit from the massive rise in demand for easily accessible luxury skincare products such as face masks, skin hydration products, and sun screen products across emerging economies. Demand for skin brightening products across countries in the Middle East and Africa regions is also expected to provide an influential growth opportunity to the global market.

The review is based on a report by Transparency Market Research (TMR), titled “.”

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Each TMR syndicated research report covers a different sector - such as pharmaceuticals, chemicals, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, TMR’s syndicated reports strive to provide clients to serve their overall research requirement.

Mr. Atil ChaudhariTransparency Market ResearchState Tower,90 State Street,Suite 700,Albany NY - 12207United StatesTel: +1-518-618-1030USA - Canada Toll Free: 866-552-3453 sales@transparencymarketresearch.com :

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Globe Newswire: 11:22 GMT Friday 14th September 2018

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