High Sales of Organic Skincare Products to Give Major Boost to Skin Lightening Products Market, Evaluates Fact.MR
United States, Rockville MD, Aug. 15, 2022 (GLOBE NEWSWIRE) -- The skin lightening products market is anticipated to expand at a CAGR of around 7.5% over the next ten years. Over the past half-decade, skin lightening products have witnessed significant growth with sales increasing at a CAGR of around 7%, attributed to high demand seen from countries in the Asia Pacific region such as India, China, Malaysia, Bangladesh, and Thailand.
While average price of skin care product has hovered around US$ 18, the price is expected to rise further owning to the rising trend of premium skin care products which includes facial treatments and anti-aging products.
Recent demand hike and increased penetration of skin lightening products is attributable to the rising demand from the natural and organic products, a sustainable approach on the manufacturer’s end, and introduction of innovative formulations into the market.
For More Insights on this Market, Get A Sample Report!
https://www.factmr.com/connectus/sample?flag=S&rep_id=309
Key Takeaways from Market Study
Based on product, creams and lotions capture major market share.
Online sales channel has shown significant growth in terms of revenue, with major market players now prioritizing e-Commerce platforms for the sale of their products.
Europe is set to dominate the market in terms of production in 2021 and also through 2031.
The market in China is expected to rise at a high single-digit CAGR through 2031.
Due to the COVID-19 crisis, demand for skin lightening products was hit in 2020, which saw a decline. But with the growth of online sales channels, demand is expected to bounce back.
Creams and Lotion is expected to remain high in demand, with sales accounting for about half of the total revenue share. Additionally, face mask will exhibit highest CAGR surpassing US$ 900 Mn worth in revenue by the end of forecast period. Additionally, the segment is expected to garner incremental $ opportunity of around US$ 80 Mn giving a positive outlook to the industry.
Moreover, with penetration of organic skin care products in the market creams and lotion will project an additional growth owing to wide range of product line-up coupled with growing disposable income in regions like China, India and Europe.
Online shopping is recent trend in the world of beauty and cosmetic products, while top 20 manufactures still opt for traditional sales channel such as supermarkets and retail stores, change is evident at millennial nowadays want everything at their fingertips.
For instance, in 2019 Americans spent about US$ 14 Bn on beauty and cosmetic products online. Growth of online sales can be attributed to the varied product line up it offers and over a range of brand to choose from.
It is interesting to note that the top 20 brands which captures 90% of the total sales through traditional retail channel, those same companies has just 14% of share online.
To Gain In-Depth Insights on Skin Lightening Products Market, Request Methodology at https://www.factmr.com/connectus/sample?flag=RM&rep_id=309
Fact.MR has profiled the following key skin lightening product manufacturers in its report:
L’Oréal S.A.
E.T. Browne Drug Co., Inc.
Aforementioned players are mainly relying on mix of organic and inorganic growth strategies such as product launches, acquisitions and collaboration. Some of the key developments are:-
For instance, Gillete, in 2021, launched shaving and skincare products under the brand name PLANET KIND. The product line-up includes face washes, moisturizers, and others.
In 2021, with focus on individual skincare needs, Beiersdorf launched newly formulated face care brand OWN.
Moreover, in 2020, L’Oreal acquired a skin care brand Theyers Natural Remedies, a US based company. Through this acquisition L’Oreal expects to increase their customer base by integrating it into customer product division.
Similarly, recent developments related to companies manufacturing skin lightening products have been tracked by the team at Fact.MR, which are available in the full report.
Skin Lightening Products Sold at Specialty Stores
Skin Lightening Products Sold at Convenience Stores
Skin Lightening Products Sold by Online Retailers
Skin Lightening Products Sold through Other Sales Channels
Interested to Procure The Data? Inquire here https://www.factmr.com/connectus/sample?flag=EB&rep_id=309
Manufacturing companies are opting for more sustainable processes keeping in mind the needs of present consumers. Additionally, market players are investing heavily in R&D and innovative solutions to come up with more efficient cosmetic products.
Fact.MR, in its new offering, presents an unbiased analysis of the global skin lightening products market, presenting historical demand data (2016-2020) and forecast statistics between 2021 and 2031. The study divulges essential insights on the market based on the nature (conventional and organic), product (creams and lotions, cleansers and toners, face masks, scrubs, and other product type) and sales channel (specialty stores, convenience stores, online retailers, and other sales channels), across major regions of the world (North America, Latin America, Europe, Japan, APEJ, and MEA).
Explore Fact.MR's Coverage on the Food and Beverages Domain-
Interactive Display Market - Global interactive display market will exhibit a spectacular CAGR of 19.2% during the forecast period 2017-2026. Revenues from worldwide sales of interactive display are estimated to exceed US$ 16,500 Mn by 2026-end.
Wellness Tourism Market - Global wellness tourism market is expected to represent a value of over US$ 1.3 Tn by the end of 2026. Wellness tourism market value is expected to register a CAGR of 7.9% during the forecast period. Tourism continues to represent the largest and fastest growing industry as it attracts tourists from various developed and developing countries.
Heavy Duty Bags & Sacks Market - Global demand for heavy duty bags & sacks is expected to witness a remarkable increase during the forecast period of 2018-2028, owing to relatively low cost and efficient load-bearing capacity. The global heavy duty bags & sacks market is estimated to be valued at US$ 11,165.6 million in 2018 in terms of revenue, expanding at a moderate CAGR of 4.0% through 2028.
Home Entertainment Devices Market - Increased investments by consumers on entertainment products, and rising levels of disposable incomes have resulted in the development of innovations in home entertainment devices by manufacturers.
Contact Lens Market - Growing geriatric population and the consequent deterioration in vision quality and the advent of colourful contact lenses to enhance aesthetic appeal are increasing the demand. Thus, the contact lenses industry is expected to surpass a CAGR of 5% in the forecast period.
Disposable Gloves Market - A new report on the disposable gloves market by Fact.MR provides in-depth analysis of the growth scope, demand-supply patterns, and new trends for the forecast period of 2021 to 2031. As stated in the report, high demand for nitrile gloves will favor manufacturers, while their focus will be on lucrative markets such as North America, Europe, and Asia Pacific.
Insect Repellent Market - The global insect repellent market is projected to expand at a healthy CAGR of 7% from 2021 to 2031, on the back of rising awareness of insect-borne diseases spreading fast across regions. India and China are expected to witness high sales over the next ten years.
Nutricosmetics Market - The global nutricosmetics market is expected to expand at a CAGR of around 5% over the 2021 to 2031 forecast period, with the skin care sector providing the most push to market expansion and growth.
Deodorants and Antiperspirants Market - Deodorant and antiperspirant market is projected to expand at a 5% CAGR for the next ten years, with the market being valued at around US$ 25.7 Bn in 2021. In terms of volume, demand is expected to increase at around 4.5% CAGR over the same period.
Denim Jeans Market - Market value of denim jeans has projected around 3% CAGR for denim jeans during 2021-2031, with the market valuation expected to reach US$ 152 Bn by 2031. In terms of volume, demand is expected to increase at around 4% CAGR over the same period. The U.S., China, and a few European countries are majorly driving demand for denim jeans.
Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we’ll be an able research partner.
In the world of stock legends, George Soros stands out. While his political activities have been a lightning rod for controversy, no one can doubt his financial acumen. After all, he’s the ‘man who broke the Bank of England,’ and made a billion dollars in one day when he shorted the Pound Sterling back in 1992. His hedge fund, Soros Fund Management, showed three decades of sustained gains, averaging 30% annual returns through the year 2000. During this time, and today in the management of his pe
Oil stocks and chemicals dominate this list of today's fastest-growing stocks, all eyeing 111%-762% EPS gains this year.
There's a bond that pays a 9.62% interest rate and is guaranteed by the U.S. Treasury. Investors should keep some limitations and conditions in mind before investing, but as inflation has topped 8% since March 2022, this could be an … Continue reading → The post Want 9.62% Yield Guaranteed? Seriously, Try This Asset appeared first on SmartAsset Blog.
Investors on the hunt for safe dividends should consider the Dividend Kings, a group of just 45 stocks that have increased their dividends for at least 50 consecutive years. Of the Dividend Kings, three in particular have high yields above 4% and safe dividends. AbbVie Inc. is a pharmaceutical company spun off by Abbott Laboratories in 2013.
Markets correspondent Jared Blikre takes a look at the declining pricing for cryptocurrencies bitcoin and ethereum as the FDIC issue letters to five crypto companies.
Scott Burg, the chief investment officer of Deer Park Road Management Co, who made the prediction that Tesla would be "squashed like a bug" in a 2020 tweet, bought put options on almost 4.8 million Tesla shares during the second quarter, according to a regulatory filing this week, Bloomberg and Barron's reported.
One of the big reasons for investing in real estate investment trusts (REITs) is the kind of dividends many pay. While Treasury bonds are just beginning to catch up with inflation, some REITs offer better yields as long as investors are willing to accept the risks attached to owning them. Here are seven REITs with better-than-average, hard-to-ignore dividend yields: AGNC Investment Corp. (NASDAQ: AGNC) is paying 11.36% at a price of $12.57. The Bethesda, Maryland-based company specializes in res
The real estate investment platform backed by Amazon.com Inc (NASDAQ: AMZN) founder Jeff Bezos has continued ramping up its acquisitions of single-family rental homes in several U.S. markets. Arrived Homes acquires single-family homes to use as rental properties, then sells shares of these properties to investors through its online platform. The demand for rental property shares has grown exponentially so far in 2022, with more homes funded in July than the entire first quarter. The company has
July and August were good months for equity bulls. But the bears might soon retake the upper hand, one Wall Street strategist warned.
Microsoft co-founder Bill Gates bought $32 million more of shares of Ecolab, a provider of water-treatment and hygiene goods and services.
Back up the EV on shares of General Motors, says this one analyst.
The stock market might be at a crossroads once again. In recent weeks, we’ve seen some solid gains, mostly across the board, as a rally has taken hold and moderated year-to-date losses on the major indexes. But is this rally running out of steam? Taking the bearish view of the current environment is Morgan Stanley’s chief US equity strategist Mike Wilson. He sees the gains right now as a bear market rally, and believes that markets will likely turn down again in the longer term. Laying out his p
(Bloomberg) -- One big force at the center of the two-month equity rally is showing signs of fatigue. Most Read from BloombergUS Mortgage Lenders Are Starting to Go BrokeMueller Memo Advising Barr on Trump Findings Is Ordered ReleasedUkraine Latest: Crimea Drone; US Sanctions Warning to TurkeyWhite House Says Zelenskiy Should Join G-20 If Putin AttendsEveryone Is Talking About ‘Quiet Quitting,’ But Is It a Good Idea?It’s the behavior of short sellers, whose frantic efforts to unwind bearish wage
The pandemic isn’t over. These stocks could pop again.
Warren Buffett is considered by many to be the most successful investor in history. When the Oracle of Omaha acquired Berkshire Hathaway in 1965, the company that would serve as the foundation for his world-beating investment empire had a price of $18 per share. While the law of large numbers suggests Berkshire is unlikely to repeat that performance, the company is significantly outperforming the S&P 500 this year, and investors could benefit by taking inspiration from its stock holdings.
Ryan Cohen became a figurehead for the movement in Bed Bath & Beyond (NASDAQ: BBBY) shares, first announcing a stake of 9.8% in the retailer. New filings later revealed Cohen owned an 11.8% stake in Bed Bath that included stock and options. On Thursday, it was revealed that Cohen sold his entire position in the struggling retailer. Cohen’s profit on the stake in the retailer was $68.1 million in seven to eight months time. Compare that to Jake Freeman, the 20-year-old college student who reporte
Ford Motor is facing a potential $1.7 billion in punitive damages after a Georgia jury reached a verdict Friday in a case involving a 2014 rollover of a Ford F-250 pickup truck that left two people dead. The Gwinnett County jury determined that damages should be imposed on Ford for selling 5.2 million Super Duty trucks with what plaintiffs’ attorneys said were dangerously weak roofs that could crush passengers in a rollover accident, according to James Butler, a lawyer representing the plaintiffs in the case. The case was brought by the family of a Georgia couple, Melvin and Voncile Hill, who were driving a 2002 Ford F-250 Super Duty truck from their farm when the right front tire blew out and the truck rolled over, Mr. Butler said.
Shares of StoneCo (NASDAQ: STNE), a cloud-based technology platform, plummeted Friday morning after the company reported its second-quarter results, which disappointed investors, and announced yet another shift to its management team. The company reported non-GAAP (adjusted) earnings of 0.25 Brazilian reals (equivalent to $0.05), which was an increase from a loss of 0.48 reals in the year-ago quarter, but was below Wall Street's consensus estimate of about 0.57 reals, or $0.11 per share. StoneCo's revenue in the quarter was 2.3 billion reals (about $442 million), 5% higher than the company's guidance, and up 275% from the year-ago quarter.
After a major investor sold his holdings in the struggling retailer and caused its stock price to plummet, Vanguard Group's holdings in the company lost 50% of its value from just two days ago.
Real estate is one of the greatest wealth-building assets of all time, providing stable returns through all market cycles. However, investing in real estate through traditional means is becoming increasingly difficult. The housing shortage has made it more difficult to find investment opportunities and surging home prices along with recent interest rate hikes have further limited the access to real estate investments. While this may seem like a death blow to many investors' dreams of becoming re