Market Overview:
The global skin benefits agents market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for skin care products, rising awareness about the benefits of using skin benefits agents, and growing number of online shoppers. The global skin benefits agents market is segmented on the basis of type into cream, spray, and others. The cream segment is expected to dominate the global market during the forecast period owing to its high demand from individuals as well as commercial establishments. On the basis of application, the global market is divided into individuals and commercial establishments. The individual segment dominates this market due to an increase in personal disposable income and rising awareness about personal grooming among consumers across regions.
Product Definition:
Skin benefits agents are substances that provide some type of benefit to the skin. This could include moisturizing, anti-aging, or sun protection properties. The importance of skin benefits agents is that they can help improve the appearance and health of the skin.
Cream:
Cream is a topical agent used for improving the texture and tone of skin. It contains an assortment of vitamins, minerals, plant extracts and essential oils that are beneficial to treat various skin conditions such as aging lines, wrinkles, dryness or lack of moisture in the skin. The growth factor in this market is increasing demand from emerging economies like India China and Brazil where awareness regarding anti-aging products is high. Moreover companies are introducing innovative products with improved features which will drive the market further.
Spray:
Spray and it's usage in skin benefits agents market is a new term that entered the skincare industry recently. It is basically a mixture of essential oils, plant extracts or water-based solutions with carrier oil. The product can be used as an all-purpose cleaner for countertops, furniture and floors or as an air freshener.
Application Insights:
Commercial application led the global skin benefits agents market and accounted for more than 70.0% share of the overall revenue in 2017. The growing popularity of anti-aging creams, which are used to reduce wrinkles is one of the key factors driving product demand in commercial applications. In addition, increasing consumer awareness regarding beauty and appearance along with rising disposable income levels in developing countries such as China and India is expected to drive demand over the forecast period.
The individuals segment is expected to expand at a CAGR of XX% from 2018 to 2030 owing to rising awareness about skin care among consumers especially women aged 25-35 years across various regions including North America, Europe, Asia Pacific and Middle East & Africa.
Regional Analysis:
North America dominated the global skin benefits agents market in 2017. The region is expected to maintain its position during the forecast period owing to increasing consumer awareness regarding skincare and makeup products, along with growing demand for anti-aging creams and lotions. Europe accounted for a significant share of revenue in 2017 due to high demand from countries such as Germany, France, Italy, U.K., Spain among others.
Asia Pacific is anticipated to witness lucrative growth over the forecast period owing to rising disposable income coupled with expanding commercial sector especially in India.
Growth Factors:
- Increasing demand for natural and organic skin care products.
- Rising awareness about the benefits of using skin care products with natural ingredients.
- Growing number of women entering the workforce and spending more time on their appearance.
- Increasing prevalence of skin problems such as acne, wrinkles, dark spots, etc., which is driving demand for skin care products.
- Proliferation of online retail channels that offer a wide range of affordable skin care products
Scope Of The Report
Report Attributes
Report Details
Report Title
Skin Benefits Agents Market Research Report
By Type
Cream, Spray, Others
By Application
Individuals, Commercial
By Companies
BASF SE, Akzo Nobel N.V., Clariant AG, Croda International Plc, Evonik Industries AG, Procter & Gamble Co., L’Oreal SA, The Unilever Group, Avon Products, Beiersdorf AG, BASF SE
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
189
Number of Tables & Figures
133
Customization Available
Yes, the report can be customized as per your need.
Global Skin Benefits Agents Market Report Segments:
The global Skin Benefits Agents market is segmented on the basis of:
Types
Cream, Spray, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Individuals, Commercial
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- BASF SE
- Akzo Nobel N.V.
- Clariant AG
- Croda International Plc
- Evonik Industries AG
- Procter & Gamble Co.
- L’Oreal SA
- The Unilever Group
- Avon Products
- Beiersdorf AG
- BASF SE
Highlights of The Skin Benefits Agents Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Cream
- Spray
- Others
- By Application:
- Individuals
- Commercial
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Skin Benefits Agents Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Skin Benefits Agents are a type of skin care product that help to improve the appearance and health of the skin. These products can be used to treat various skin conditions, such as acne, dryness, and wrinkles.
Some of the major companies in the skin benefits agents market are BASF SE, Akzo Nobel N.V., Clariant AG, Croda International Plc, Evonik Industries AG, Procter & Gamble Co., L¢â‚¬â„¢Oreal SA, The Unilever Group, Avon Products, Beiersdorf AG, BASF SE.
The skin benefits agents market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Skin Benefits Agents Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Skin Benefits Agents Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Skin Benefits Agents Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Skin Benefits Agents Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Skin Benefits Agents Market Size & Forecast, 2018-2028
4.5.1 Skin Benefits Agents Market Size and Y-o-Y Growth
4.5.2 Skin Benefits Agents Market Absolute $ Opportunity
Chapter 5 Global Skin Benefits Agents Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Skin Benefits Agents Market Size Forecast by Type
5.2.1 Cream
5.2.2 Spray
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Skin Benefits Agents Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Skin Benefits Agents Market Size Forecast by Applications
6.2.1 Individuals
6.2.2 Commercial
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Skin Benefits Agents Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Skin Benefits Agents Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Skin Benefits Agents Analysis and Forecast
9.1 Introduction
9.2 North America Skin Benefits Agents Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Skin Benefits Agents Market Size Forecast by Type
9.6.1 Cream
9.6.2 Spray
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Skin Benefits Agents Market Size Forecast by Applications
9.10.1 Individuals
9.10.2 Commercial
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Skin Benefits Agents Analysis and Forecast
10.1 Introduction
10.2 Europe Skin Benefits Agents Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Skin Benefits Agents Market Size Forecast by Type
10.6.1 Cream
10.6.2 Spray
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Skin Benefits Agents Market Size Forecast by Applications
10.10.1 Individuals
10.10.2 Commercial
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Skin Benefits Agents Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Skin Benefits Agents Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Skin Benefits Agents Market Size Forecast by Type
11.6.1 Cream
11.6.2 Spray
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Skin Benefits Agents Market Size Forecast by Applications
11.10.1 Individuals
11.10.2 Commercial
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Skin Benefits Agents Analysis and Forecast
12.1 Introduction
12.2 Latin America Skin Benefits Agents Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Skin Benefits Agents Market Size Forecast by Type
12.6.1 Cream
12.6.2 Spray
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Skin Benefits Agents Market Size Forecast by Applications
12.10.1 Individuals
12.10.2 Commercial
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Skin Benefits Agents Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Skin Benefits Agents Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Skin Benefits Agents Market Size Forecast by Type
13.6.1 Cream
13.6.2 Spray
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Skin Benefits Agents Market Size Forecast by Applications
13.10.1 Individuals
13.10.2 Commercial
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Skin Benefits Agents Market: Competitive Dashboard
14.2 Global Skin Benefits Agents Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 BASF SE
14.3.2 Akzo Nobel N.V.
14.3.3 Clariant AG
14.3.4 Croda International Plc
14.3.5 Evonik Industries AG
14.3.6 Procter & Gamble Co.
14.3.7 L’Oreal SA
14.3.8 The Unilever Group
14.3.9 Avon Products
14.3.10 Beiersdorf AG
14.3.11 BASF SE
