The rising male grooming industry is a key growth promoter in the Europe cosmeceuticals market. There has been a pivotal shift in male pampering culture during the last decade. The share of male consumers in the dollar sales is likely to increase with the growing demand for anti-aging and acne control cosmeceuticals among the male population. The combined efforts from influencers and brands dismantle the archaic notion that men should not indulge in self-care. In skin care, there will be growth in products designed for different skin types and degrees of stubble. The number of product launches for men will still be low compared to those for women, but the gap will narrow over time.
With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the Europe cosmeceuticals market. The Europe cosmeceuticals market is expected to grow at a good CAGR during the forecast period.
Europe Cosmeceuticals Market Segmentation
Europe cosmeceuticals market is segmented into active ingredient, distribution channel, product and country. By active ingredient, the cosmeceuticals market is segmented into antioxidants, peptides and proteins, exfoliants, retinoids, botanicals, and others. The antioxidants segment held the largest market share in 2021. The Europe cosmeceuticals market, based on distribution channel, is segmented into supermarket/hypermarket, online retail stores, convenience stores, specialist stores, and other distribution channels. In 2021, the supermarket/hypermarket segment held the largest share of the market. The cosmeceuticals market, based on product, is segmented into skin care, hair care, oral care, and others. The skin care segment held the largest share of the market in 2021. Based on country, the Europe cosmeceuticals market is segmented into France, Germany, Italy, the UK, Spain, and the rest of Europe.
Allergan, Amway Corp., Avon Products Inc., BASF SE, Beiersdorf Global, Croda International Plc, Johnson & Johnson, L'Oreal, Procter & Gamble, and Unilever plc are among the leading companies in the Europe cosmeceuticals market.
| Report Attribute | Details |
|---|---|
| Market size in 2021 | US$ 12,345.02 Million |
| Market Size by 2028 | US$ 21,746.39 Million |
| CAGR (2021 - 2028) | 8.4% |
| Historical Data | 2019-2020 |
| Forecast period | 2022-2028 |
| Segments Covered |
By Active Ingredient
|
|
Regions and Countries Covered
|
|
| Europe | UK, Germany, France, Russia, Italy, Rest of Europe |
| Market leaders and key company profiles |
|
The Europe Cosmeceuticals Market is valued at US$ 12,345.02 Million in 2021, it is projected to reach US$ 21,746.39 Million by 2028.
As per our report Europe Cosmeceuticals Market, the market size is valued at US$ 12,345.02 Million in 2021, projecting it to reach US$ 21,746.39 Million by 2028. This translates to a CAGR of approximately 8.4% during the forecast period.
The Europe Cosmeceuticals Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Europe Cosmeceuticals Market report:
The Europe Cosmeceuticals Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Europe Cosmeceuticals Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Europe Cosmeceuticals Market value chain can benefit from the information contained in a comprehensive market report.
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