Skin care products
are an aggregation of facial care, body care, sun care, hand care, and some
other products such as depilatories which help in aiding the varied skin
concerns and problems. Some of the highly used skin care products are
anti-aging creams, facial and hand moisturizers, body lotions, facial masks,
acne treatment products, facial cleansers, wipes, toners, sunscreens, and lip
balms/sticks. Both mass and premium skin care products are available to meet
the different needs of consumers.
Analysts forecast
the Skin
Care market in Europe to grow
at a CAGR of 2.45 percent over the period 2013-2018.
The Report
recognizes the following companies as the key players in the Skin Care Market
in Europe are: Beiersdorf AG, Johnson & Johnson Inc., L'Oréal SA, Procter
& Gamble Co. (P&G) and Unilever.
Other Prominent
Vendors in the market are: Avon Products, Bioderma Laboratory, Blistex, Boots,
Bristol-Myers Squibb, Clarins, Estee Launder, Kimberly-Clark , Lancaster , Oriflame
, Pai Skincare and Shiseido.
The growing demand
for value-for-money products is one of the major emerging trends in the market,
where consumers in an economic
environment desire better value for money on their purchases of products and
brands, by trading down to low-priced items.
Covered in this Report
In terms of product,
the Skin Care market in Europe is segmented into five: Facial Care, Body Care,
Sun Care, Hand Care and Others (including depilatories and makeup removers). To
calculate the market size, the report considers the revenue generated from the
retail sales of skin care products.
Skin Care Market in
Europe 2014-2018, has been prepared based on an in-depth market analysis with
inputs from industry experts. The report considers the landscape of the Skin
Care market in Europe and its growth prospects in the coming years. The report
includes a discussion of the key vendors operating in this market.
According to the
report, multi-functionality of cosmetic formulations is a key driver in the
market, as the usage of sophisticated formulations in the manufacturing of skin
care products has increased their multi-functionality.
Further, the report
states that the impact of the Eurozone crisis on the Skin Care market is one of
the challenges in the market. The crisis led to rising debts, bailouts, and
loss of jobs, sluggish growth, and a decrease in the consumption of basic skin
care products.
