Global Probiotic Cosmetic Products Market 2018-2022
About Probiotic Cosmetic Products
Probiotic Cosmetic Products are widely available in the market. Probiotics are favorable microorganisms that do not harm the skin and treat different skin concerns such as wrinkles, fine lines, acne, blemishes, and others. Products such moisturizers, cleansers, anti-aging skincare products are some of the popular probiotic skincare products. Multifunctional skincare products are in high demand as customers demand products that consume less time and provide results on different skin concerns such as skin brightening, acne, blemishes, wrinkles, fine lines, and others.
Technavio’s analysts forecast the global probiotic cosmetic products market to grow at a CAGR of 7.79% during the period 2018-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the global probiotic cosmetic products market for 2018-2022. To calculate the market size, the report considers the revenue generated from the sales of probiotic cosmetic products.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Probiotic Cosmetic Products Market 2018-2022
Technavio recognizes the following companies as the key players in the global probiotic cosmetic products market: Estee Lauder, ESSE ORGANIC SKINCARE, L’OREAL, Procter & Gamble (P&G), and Unilever.
Other Prominent Vendors in the market are: AOBiome, Aurelia Skincare, BeBe & Bella, The Clorox Company, EMINENCE ORGANIC SKIN CARE, NUDE brands, Onesta Hair Care, Rodial, TULA Life, and THE BODY DELI.
Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is rise in demand for multifunctional and multipurpose beauty products. The growing trend of a single beauty product offering different benefits is gaining popularity because the multifunctionality aid customers obtain maximum value for the amount spent on a single product. This has increased the demand for multifunctional skin care products that are priced higher than other skincare and haircare products.”
According to the report, one of the major drivers for this market is product innovation and portfolio extension. The global beauty and personal care (BPC) products market demands continuous innovations such as customers seek innovative products that offer maximum usage. At present, customers across the globe prefer the cosmetic products that resolve multiple beauty related concerns in brief period of time, Customers opt for natural and instant ways to heal their beauty concerns. To meet the changing needs of customers, vendors focus on manufacturing innovative products. Hence, they focus on extending their existing product line by introducing new cosmetic products per customer requirements.
Estee Lauder, ESSE ORGANIC SKINCARE, L’OREAL, Procter & Gamble (P&G), Unilever, AOBiome, Aurelia Skincare, BeBe & Bella, The Clorox Company, EMINENCE ORGANIC SKIN CARE, NUDE brands, Onesta Hair Care, Rodial, TULA Life, and THE BODY DELI.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.Download eBook