The growing demand from the baby boomer generation and increasing middle age population globally is driving the medicated cosmetics market and hence fuelling the demand for natural active ingredients. The urban population is looking for hair care and skin care solutions based on personal needs and type. These consumers with high disposable incomes and awareness owing to mass media advertisements is willing to pay for the beneficial products. Also, consumer's safety concerns regarding the products is driving the usage of natural plant stem cells in the Cosmeceuticals.
The major product applications of cosmeceuticals are in skin care, hair care, injectable, tooth whitening, Lip care and other products. Skin care and hair care take up the largest market share, with anti- ageing products dominating the shelf space. The global skincare market has reached a value of $96.5 billion in 2013 while hair care recorded approximately US $825 million in 2013. The market is expected to observe growth especially in anti-aging skin care and scalp care segments. The hair care category is in particular seeing growing demand for hair fall and anti-dandruff with active ingredients labels. This can be attributed to changing lifestyle patterns globally resulting in reducing nutrition content and growing atmospheric pollution levels. There is also a growing market for Injectable due to their varied advantages on skin including wrinkle reducers, weight treatments etc. The most popular category is botulism based products in Injectable category. The Cosmeceuticals use active ingredients which include Anti-oxidants, Peptides and Proteins, Exfoliates, Retinoid, Moisturizers, Botanicals and others. Cosmeceuticals formulations using these ingredients have therapeutic components for treating various conditions like aged skin, psoriasis, skin lightening, sunburns, skin irritation, and hyper pigmentation, chapped lips, tooth whitening etc.
The Cosmeceuticals markets in the U.S., the U.K., France, Germany, Italy, Spain and Japan were worth around $35 billion collectively in 2013.United States alone accounted value around $8 billion in 2013 while in Europe the sales recorded nearly US $ 5.0 billion in 2013. Asia-Pacific Cosmeceuticals market contributes nearly 63.1% to the global market. For the Cosmeceuticals market in Asia-Pacific region, Japan contributed the major share and is anticipated to grow at a CAGR of 8.1% during the forecast period, followed by China. The Cosmeceuticals market is seeing growth in revenues coming from BRIC countries, Indonesia, Thailand, Vietnam, Malaysia, Singapore, Middle East and Australia. In India the Skin care market sees an inflated growth in the fairness products category among and men and women in both urban and rural areas. In India, the medicated cosmetics industry is expected to grow at a stupendous compound annual growth rate of 10.9%. The projected double digit growth in the skin care Cosmeceuticals market in Emerging economies is encouraging vendors to develop high end and high quality products.
The leading players in the Cosmeceuticals market are Procter and Gamble, L'Oreal, Unilever, Bejersdorf with their respective brands such as Olay, L'Oreal, Garnier and Nivea. Cosmeceuticals companies are seeing competition from private labels of dermatologists, from natural and organic ingredients, and other alternative options taking up the market share of the Cosmeceuticals market.
Companies have opportunity to inculcate organic and natural ingredients in Cosmeceuticals as there is growing consumer awareness on carcinogenic abilities of products .As the Cosmeceuticals are not positioned either under cosmetics or the pharmaceuticals, they are not regulated by the FDA and FTC monitors only the advertising statements for impossible claims by products. This is a major constraint as this gives scope for growth of fake products in the market, causing skin and hair damage.
This Report Offers:
Market Definition for the specified topic along with identification of key drivers and restraints for the market.
Market analysis for the Global cosmeceuticals market, with region specific assessments and competition analysis on a global and regional scale.
Identification of factors instrumental in changing the market scenarios, rising opportunities and global consumer trends.
Extensively researched competitive landscape section with profiles of major companies along with their share of markets.
Identification and analysis of the Macro and Micro factors that affect the Global cosmeceuticals market on both global and regional scale.
A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.
Why Buy This Report?
For getting a comprehensive overview of the Global cosmeceuticals market.
To gain wide-ranging information about the major players in this industry and the strategies adopted by them.
To gain an insight about the major countries/regions in which this industry is blooming and also identify the regions, which are untapped.
1.1 Research Methodology
1.2 Definition of the Market
1.3 Report Description
2. KEY FINDINGS OF THE STUDY
3. MARKET OVERVIEW
4. MARKET DYNAMICS
4.1.1 Ageing population and Increasing consumer awareness
4.1.2 Technological Advancements - Plant stem cells
4.1.3 Rising disposable income for personal care products
4.1.4 Market potential in the Asian and BRIC countries
4.2.1 Unregulated Market
4.2.2 Spurious Products
4.3.1 Increase Middle age population
4.3.2 Evolution of New Active Ingredients
4.3.3 Demand for natural and Organic Ingredients
4.3.4 Male grooming segment
4.4 Porter's Five Forces Analysis
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of New Entrants
4.4.4 Threat of Substitute Products and Services
4.4.5 Degree of Competition
5. MARKET SEGMENTATION
5.1 By Product Type
5.1.1 Skin Care
18.104.22.168 Anti Ageing
22.214.171.124 Anti Acne
126.96.36.199 Sun protection
188.8.131.52 Other products
5.1.2 Hair Care
184.108.40.206 Hair fall
220.127.116.11 Anti Dandruff
18.104.22.168 Hair colorants and Dyes
22.214.171.124 Botulinum Toxin-Based Injectable Cosmeceutical
126.96.36.199 Dermal fillers
5.1.4 Lip Care
5.1.5 Tooth Whitening
5.2 By Active Ingredients Type
5.2.3 Peptides & Proteins
5.3 By Geography
5.3.1 North America
188.8.131.52 South Korea
5.3.4 South America
184.108.40.206 South Africa
6. Competitive Landscape
6.1 Mergers & Acquisitions
6.2 Joint Ventures
6.3 New Product Launches
6.4 Most active companies in the past five years
6.5 Market Share Analysis
7. Company Profiles
7.1 Procter and Gamble
7.2 Johnson and Johnson
7.6 Croda International Plc
7.13 Estee Lauder
7.15 Royal DSM