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Title: ASIA PACIFIC FACIAL CARE MARKET ANALYSIS | Coherent Market Insights


1
Coherent Marketing Insights
  • Market Research Business Consulting Services
  • https//www.coherentmarketinsights.com/
  • Covid-19 Impact Tracker

2
  • ASIA PACIFIC FACIAL CARE MARKET ANALYSIS
  • Asia Pacific Facial Care Market, By Product Type
    (Skin whitening/lightening and anti-ageing
    creams, Facial creams, Face wash, Cleansing
    wipes, Serums and masks, Others), By Consumer
    Group (Men, Women), By Distribution Channel
    (Store-based retailing, Non-store based
    retailing), and By Region (China, Japan, India,
    Australia, South Korea, ASEAN, Rest of APAC) -
    Size, Share, Outlook, and Opportunity Analysis,
    2020 - 2027
  • Facial care products such as cleansers are used
    to get rid of bacteria, dirt and pollutants from
    the skin. Serums contain antioxidants and
    anti-aging ingredients such as retinols and
    peptides, which stimulate collagen production.

3
  • Statistics
  • Asia Pacific facial care market is estimated to
    account for US 69.2 Bn in terms of value by the
    end of 2027.
  • Asia Pacific Facial Care Market Drivers
  • Increasing focus on aesthetic appeal is expected
    to propel growth of Asia Pacific facial care
    market over the forecast period. For instance,
    according to a 2018 survey by GlobalData, around
    three quarters of South Korean men undertake a
    beauty or grooming treatment at least once a
    week.
  • Moreover, increasing aging population is also
    expected to aid in growth of the market. For
    instance, according to United Nations Population
    Fund, geriatric population in Asia Pacific is
    expected to triple between 2010 and 2050 to reach
    1.3 billion people by 2050.
  • Statistics
  • China held dominant position in Asia Pacific
    facial care market in 2019, accounting for 31.0
    share in terms of value, followed by Japan and
    Australia, respectively

4
  • Asia Pacific Facial Care Market Share () Value,
    By Region, 2019

5
  • Asia Pacific Facial Care Market Restraints
  • High cost of raw materials is expected to hinder
    growth of the market. The raw materials used in
    manufacturing facial care products mainly include
    castor oil, propylene glycol, salicylic acid,
    cerebroside, and emollients. High price of these
    raw products leads to higher cost of final
    product, limiting product demand.
  • Moreover, use of skin creams may lead to side
    effects, which may also limit market growth.
    These side effects include, skin
    redness/burning/itching/peeling, thinning of
    skin, blistering skin, and stretch marks.
  • Asia Pacific Facial Care Market Opportunities
  • Increasing penetration of Internet is expected to
    offer lucrative growth opportunities for players
    in Asia Pacific facial care market. For instance,
    according to China government-backed Market
    Intelligence Consulting Institute and reported
    by China Internet Watch, internet penetration in
    China reached 61.2 percent in the first half of
    2019, with 854 million internet users at the end
    of June 2019.
  • Moreover, entry of new companies in the market is
    also expected to aid in growth of the market. For
    instance, in May 2020, Ro, a direct-to-consumer
    virtual health startup, announced to roll out a
    nightly defense skincare that is a custom
    prescription skincare product based on lifestyle
    factors, skincare goals and age.
  • Statistics
  • Asia Pacific facial care market was valued at US
    39.7 Bn in 2019 and is forecast to reach a value
    of US 69.2 Bn by 2027 at a CAGR of 7.2 between
    2020 and 2027.

6
Asia Pacific Facial Care Market Report Coverage

7
  • Market Trends/Key Takeaways
  • Major players in the market are focused on
    promoting Zero Waste. For instance, in March
    2020, Kao Corporation launched an initiative to
    phase out the use of eye-catching plastic
    stickers on its product packaging to contribute
    towards realizing Zero Waste.
  • Major players in the market are focused on
    funding environmental conservation activities.
    For instance, in March 2019, KOSÉ Corporation
    announced continuation of its SAVE the BLUE
    project in Japan, China, Taiwan, Hong Kong, South
    Korea, Thailand, Singapore, Malaysia, Indonesia
    and U.S. In Japan, the company announced to make
    a donation to fund environmental conservation
    activities for areas equivalent to the total
    surface area of the bottom of the containers of
    all eligible SEKKISEI products purchased by
    customers during its campaign periods.
  • Asia Pacific Facial Care Market Competitive
    Landscape
  • Major players operating in Asia Pacific facial
    care market include, LOreal S.A, Procter and
    Gamble Company (PG), Estee Lauder Companies
    Inc., The Unilever Plc, Shiseido Co. Ltd.,
    Johnson and Johnson Limited, Kose Corporation,
    and Kao Corporation.

8
  • Asia Pacific Facial Care Market Key Developments
  • Major players in the market are focused on
    launching new products to expand their product
    portfolio. For instance, in April 2020, Kao
    Corporation launched Curél Deep Moisture Spray, a
    new face and body moisturizing spray for dry and
    sensitive skin.
  • Similarly, in September 2018, Shiseido Company,
    Ltd. launched a new makeup collection worldwide
    under the Brand SHISEIDO, in 88 countries and
    regions across the world.

9
  • Request Sample Report
  • Request Customization
  • Download PDF Brochure
  • Talk to Analyst
  • Referance https//www.coherentmarketinsights.com/
    market-insight/asia-pacific-facial-care-market-391
    1

10
About Us
  • Coherent Market Insights is a global market
    intelligence and consulting organization focused
    on assisting our plethora of clients achieve
    transformational growth by helping them make
    critical business decisions. We are headquartered
    in India, having office at global financial
    capital in the U.S. Our client base includes
    players from across all business verticals in
    over 150 countries worldwide.
  • What We ProvideCustomized Market Research
    AnalysisIndustry Analysis ServicesBusiness
    Consulting ServicesLong Term Engagement
    ModelCountry Specific Analysis

11
Contact Us
  • Mr. Shah
  • Coherent Market Insights Pvt. LTD.Coherent
    Market Insights 1001 4th Ave, 3200 Seattle, WA
    98154, U.S.Phone 1-206-701-6702
  • Email sales_at_coherentmarketinsights.com

12
Thank You
  • Kindly Follow CMI Social Media Profiles for the
    latest Company Updates.
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  • https//www.coherentmarketinsights.com/
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