Transparency Market Research

Global Cosmeceuticals Market to Be Driven by Increased Desire of Consumers to Maintain Youthful Appearance

Transparency Market Research Report Added "Cosmeceuticals Market" to its database.


Albany, NY -- (SBWIRE) -- 12/31/2015 -- A new market research report by Transparency Market Research presents in-depth analysis of the global cosmeceuticals market from 2012 to 2018. This report comprises market overview, product segmentation, market drivers, trends, and projections for the coming years. The research study is titled "Cosmeceuticals Market - Global Industry Analysis, Size, Share, Trends, Analysis, Growth And Forecasts 2012 - 2018".

Developed economies with a high population are considered to be high-potential markets for cosmeceutical brands. People in the present generation are becoming conscious about their looks and thus are ready to spend extensively to maintain a youthful appearance by consuming or applying cosmeceutical products. The emergence of a well-heeled middle class bearing a taste for luxurious products in nations such as India, Brazil, China, and Russia is anticipated to boost the demand for cosmeceuticals throughout the forecast period.

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On the basis of product type, the global cosmeceuticals market is divided into cosmetics and toiletries, tissue fillers, age-defying products, lip care products, hair care products, skin care products, and injectable cosmeceuticals. Among these products, anti-aging creams bear high potential in the near future. According to the chemical used in the product, this market is further classified into antioxidants, proteins, alpha hydroxy acids, botanicals, and enzymes. Among these, antioxidants are expected remain the strongest in this market in the coming years.

The research report on the global cosmeceuticals market is further segmented on the basis of geography into Asia Pacific, North America, Europe, and Rest of the World. The cosmeceuticals market is expected to witness steady but moderate growth in the developed nations of North America and Europe. On the flip side, the Asia Pacific cosmeceuticals market is expected to expand rapidly in the near future.

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In developed European countries such as France, the United Kingdom, the Netherlands, Germany, and others, the obsession for looking young is one of the greatest growth drivers. The comparatively high per capita income in these nations allows the consumers to spend generously on cosmeceuticals. In addition, marketing activities carried out by several cosmeceutical companies are majorly concentrated in the U.S. and Europe. Cosmeceutical companies are majorly gaining traction in Asia Pacific, where the booming e-commerce industry has provided consumers with simple access to cosmeceutical brands across the globe.

Furthermore, the research report talks about the competitive landscape of the global cosmeceuticals market, including the company profiles, business strategies, and recent developments in the industry. Some of the prominent players operating in the global cosmeceuticals market are BASF SE, Croda International, Colgate-Palmolive, Arch Chemicals, Unilever Group, Allergan Inc., and Procter & Gamble. Many other companies are expanding their horizons to enjoy competitive advantage in this market.

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About Transparency Market Research (TMR)
Transparency Market Research (TMR) is a U.S.-based provider of syndicated research, customized research, and consulting services. TMR's global and regional market intelligence coverage includes industries such as pharmaceutical, chemicals and materials, technology and media, food and beverages, and consumer goods, among others. Each TMR research report provides clients with a 360-degree view of the market with statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

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