logo
logo
Sign in

Cosmeceuticals Market Company Profiles, Emerging Technologies, Trends, Industry Growth, Segments, Landscape and Demand by Forecast to 2026

avatar
Avani Sable
Cosmeceuticals Market Company Profiles, Emerging Technologies, Trends, Industry Growth, Segments, Landscape and Demand by Forecast to 2026

The global cosmeceuticals market size is projected to reach USD 73.73 billion by the end of 2026. The increasing investment in the R&D of newer products will have a massive impact on the growth of the market in the coming years. According to a report published by Fortune Business Insights, titled “Cosmeceuticals Market Size, Share & Industry Analysis, By Product (Skin Care, Hair Care, Injectable and Others), By Distribution Channels (Pharmacy/Drug Stores, Online Stores, and Others), and Regional Forecast, 2019-2026,” the market was worth USD 37.41 billion and will exhibit a CAGR of 8.9% during the forecast period, 2019-2026.

Some of the companies that are operating in the market include:

  • L’Oréal
  • Beiersdorf Global
  • Croda International Plc
  • Allergan
  • Avon
  • BASF SE
  • Estée Lauder Companies Inc.
  • Shiseido Company, Limited
  • Procter & Gamble
  • Elementis

For more information in the analysis of this report, visit:

https://www.fortunebusinessinsights.com/cosmeceuticals-market-102521

Cosmeceuticals are products that are inclusive of normal cosmetics and a few pharmaceuticals. The primary purpose behind the use of these products is the need for enhancing body appearance. These functions are carried out by the antioxidants used in the cosmeceuticals products. Recent advances in manufacturing as well as ingredients of these products will bode well for the market in the forthcoming years. The increasing adoption of visually appealing aesthetics, coupled with the availability of cosmeceuticals at a low cost, will have a positive impact on the growth of the market in the coming years. Additionally, the increasing number of regulatory approvals has boded well for the market in recent years and will continue to have a positive impact on the market in the coming years.

Increasing Number of Company Mergers Will Aid Market Growth

The report encompasses several factors that have contributed to the growth of the market in recent years. The increasing number of company mergers and acquisitions has had a massive impact on the growth of the market. Accounting to the huge potential held  by the products, several large scale companies are looking o invest more in the research and development of newer products. Moreover, major companies are looking to acquire small and medium enterprises, with a bid to establishing a stronghold in the market. In October 2018, Shiseido announced that it has completed the acquisition of ‘Drunk Elephant.’ The company possesses an attractive portfolio of clean clinical skincare products. This acquisition will not only help the company grow, but will have a massive impact on the growth of the market in the coming years.

More Trending Topics from Fortune Business Insights:

Cardiac Rhythm Management Devices Market Worldwide Growth, Share, Industry Tends, Top key Players, Size Forecast till 2026

Hemodialysis Equipment Market 2020 Growth, Trends, Business Share, Industry Analysis, Report Highlights Forecast till 2025

Injectable Drug Delivery Market Global Market Growth, Size, Demand, Trends, Insights and Forecast 2026

collect
0
avatar
Avani Sable
guide
Zupyak is the world’s largest content marketing community, with over 400 000 members and 3 million articles. Explore and get your content discovered.
Read more