The Facial Skincare Sets Market estimated to grow from USD xx million in 2020 to USD xx million by 2026 at a healthy CAGR of x% during the forecast period.
Facial Skincare Sets Market- Research Scope
Base Year of Study
2020
Trend Period
2015-2019
Forecast Period
2021-2026
Region with the highest demand
Asia-Pacific
Key Players
L'Oreal S.A. (France), Unilever PLC (UK), Procter & Gamble (US), Beiersdorf AG (Germany), The Estée Lauder Companies Inc. (US), Johnson & Johnson (US), Kao Corporation (Japan).
Facial skincare sets can be defined as a set or box which includes various types of skin care treatment for face. Some of the products included in the facial skincare sets include moisturizers, cleansing lotions, facial masks, shaving creams, serums and others.
Covid-19 Impact Analysis
The outbreak of COVID-19 significantly impacted the materials supply chains, international trade, and manufacturing operations across the world. The production of facial skincare sets declined amidst the COVID-19 pandemic as the market players had to shut production facilities or operate the facilities below the optimal production capacities to avoid the spread of the coronavirus.
Key Players
Key players operating in the Facial Skincare Sets Market are-
L'Oreal S.A. (France)
Unilever PLC (UK)
Procter & Gamble (US)
Beiersdorf AG (Germany)
The Estée Lauder Companies Inc. (US)
Johnson & Johnson (US)
Kao Corporation (Japan)
Market Dynamics
The global growth of facial skincare sets market size is primarily driven by increasing consumer spending on various skincare treatments across the globe. Growing concern among consumers pertaining to facial skin is likely to propel the market growth at a significant rate during the review period. In addition to this, rising demand for premium facial skincare products with innovative packaging is likely to create lucrative opportunities for the players operating in the global market in the coming years.
Segment’s Analysis
Distribution Channel Trends
Based on distribution channel, the facial skincare sets market has been divided into online sales, standalone retail outlets, factory outlet and supermarkets. The online sales application segment accounted for the largest market share in 2020. The segment growth can be attributed to increasing number of consumers buying products online due to convenience.
Regional Trends
By region, the Asia-Pacific Facial Skincare Sets Market accounted for the largest share in 2020 and is expected to grow at a significant CAGR during the review period. The regional market growth can be attributed to increasing consumer spending on facial skincare products coupled with rising per capita disposable income of the consumers. The market growth in North America region is expected to grow at a considerable CAGR during the review on account of rising demand for premium skincare products coupled with presence of key market players such as The Estée Lauder Companies Inc. (US) and The Procter & Gamble Company (US).
Critical Questions Answered in the Report
This market research report provides in-depth information on trends, dynamics, revenue opportunities, competitive landscape, and recent developments in the facial skincare sets market. The historic years considered for the study are 2016-2019, base year is 2020, estimated year is 2021, and forecast period is 2022-2026. Following are the critical questions answered in the report.
What are the key trends in the Facial Skincare Sets Market?
How the market (and its various sub-segments) has grown in the last five years and what would be the growth rate in next five years?
What is the impact of COVID-19 on Facial Skincare Sets Market?
What are the key strategies adopted by the major vendors to lead in the Facial Skincare Sets Market?
What is the market share of the top vendors?
Target Audience
The target audience of Facial Skincare Sets Market includes-
Facial Skincare Sets Vendors
Facial Skincare Sets Manufacturers
Facial Skincare Sets Distributors
Organizations
Government Bodies
Custom Research: Stratview research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at sales@stratviewresearch.com.
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The Facial Skincare Sets Market estimated to grow from USD xx million in 2020 to USD xx million by 2026 at a healthy CAGR of x% during the forecast period.
Key players operating in the Facial Skincare Sets Market are L'Oreal S.A. (France), Unilever PLC (UK), Procter & Gamble (US), Beiersdorf AG (Germany), The Estée Lauder Companies Inc. (US), Johnson & Johnson (US), Kao Corporation (Japan).
Asia-Pacific Facial Skincare Sets Market accounted for the largest share in 2020 and is expected to grow at a significant CAGR during the review period.
The global growth of facial skincare sets market size is primarily driven by increasing consumer spending on various skincare treatments across the globe. Growing concern among consumers pertaining to facial skin is likely to propel the market growth at a significant rate during the review period.
