Growing number of health scares due to chemicals in cosmetics and rising pollution levels in major cities are influencing people to switch to the cosmeceutical, natural or organic cosmetics instead of chemical-based products. India introduced compulsory registration for imported cosmetics products as of April 2013. All cosmetic products imported for sale in India are required to be registered with Central Drugs Standard Control Organization (CDSCO) which is the Indian licensing authority within the office of the Drug Controller General of India in the Ministry of Health & Family Welfare and Government of India (GOI). It represents costs in terms of time, money and administrative requirements for international companies to sell their cosmetics products in India.

Sarasota, FL -- (SBWire) -- 05/11/2018 --Zion Market Research has published a new report titled "Cosmetic Skin Care Market by Product Type (Moisturizers, Cleansing Lotions, Facial Masks, Shaving Creams, Serums, Exfoliators, Anti-Ageing Creams, Toners, Eye Creams And Sun Care Products), and by Distribution Channel (Online Sales, Standalone Retail Outlets, Factory Outlet, And Supermarkets): Global Industry Perspective, Comprehensive Analysis and Forecast, 2017 - 2023". According to the report, global cosmetic skin care market was valued at approximately USD 138.09 billion in 2017 and is expected to generate revenue of around USD 190.40 billion by end of 2023, growing at a CAGR of around 5.50% between 2017 and 2023.

Rising awareness regarding harmful effects of pollution, excessive usage of conventional cosmetics for skin and growing awareness about harmful effects of UV rays is expected to drive the global cosmetic skin care market growth over the forecast period. Furthermore, skin related issues among women are high due to increased use of chemical cosmetics. Thus, consumers are switching to natural or organic cosmetics and also cosmeceuticals, as it is free from harmful chemicals. Cosmetic products are manufactured with advanced technologies, research, and formulas. In skincare, an example of the technological shift are the products based on genetic testing, and it includes analysis of gene sequences for the aging process. Other factors contributing to the growth of cosmetic skin care includes rapid expansion in the middle class. According to the National Bureau of Statistics of China, a middle-class population with annual income between 7200 and 60,000 USD. It is accounted for 23% of overall population, and as per NBS statistics by 2020, it will exceed 50% of total households.

Request Free Sample Report @ https://goo.gl/m3YX86

Growing number of health scares due to chemicals in cosmetics and rising pollution levels in major cities are influencing people to switch to the cosmeceutical, natural or organic cosmetics instead of chemical-based products. India introduced compulsory registration for imported cosmetics products as of April 2013. All cosmetic products imported for sale in India are required to be registered with Central Drugs Standard Control Organization (CDSCO) which is the Indian licensing authority within the office of the Drug Controller General of India in the Ministry of Health & Family Welfare and Government of India (GOI). It represents costs in terms of time, money and administrative requirements for international companies to sell their cosmetics products in India.

The cosmetic skin care market is segmented on the basis of product type into moisturizers, cleansing lotions, facial masks, shaving creams, serums, exfoliators, anti-aging creams, toners, eye creams and sun care products. Anti-aging creams held major revenue share in global cosmetic skincare market throughout the forecast period. The growth is attributed due to growing awareness levels among old as well as young generation regarding anti-aging solutions.

Download Research Report Broachers https://goo.gl/Mxs3ps

Based on distribution channel, cosmetic skin care market is segmented as online sales, standalone retail outlets, factory outlet, and supermarkets. Supermarket and factory outlets held major revenue share in cosmetic skin care market. Growing demand for highly accessible and authentic source of cosmetic products and increased awareness coupled with sales offers provided in such stores are the major factors expected to drive segment growth over the forecast period.

North America, Europe, Asia-Pacific, Latin America and Middle East & Africa are key regional segments of global cosmetic skin care market. North America is expected to remain the leading region over the forecast period. The growth is attributed due to increased demand for skin care products coupled with rising young population in the region. The Middle East and Africa are expected to contribute to significant growth, increasing disposable income of people and increased expenditure on cosmetic and skin care products in the region are the major factors driving industry growth.

Request For Customization @ https://goo.gl/ZHT8Be

Some of the key players in cosmetic skin care market include L'Oreal S.A., Unilever PLC, Procter & Gamble, Beiersdorf AG, Avon Products Inc., The Estee Lauder Companies Inc., Johnson & Johnson, Kao Corporation, The Body Shop International PLC and others. Industry players are mostly focusing on new product launch and merger and acquisition strategy to maintain their foothold in the market.

This report segments the global cosmetic skin care market as follows:

Global Cosmetic Skin Care Market: Product Segment Analysis

Moisturizers
Cleansing Lotions
Facial Masks
Shaving Creams
Serums
Exfoliators
Anti-aging Creams
Toners
Eye Creams
Sun Care Products

Global Cosmetic Skin Care Market: Distribution Channel Segment Analysis

Online Sales
Standalone Retail Outlets
Factory Outlet
Supermarkets

Request Report TOC (Table of Contents) @ https://goo.gl/XpJgAX

Global Cosmetic Skin Care Market: Regional Segment Analysis

North America
The U.S.
Europe
UK
France
Germany
Asia Pacific
China
Japan
India
Latin America
Brazil
The Middle East and Africa