The newly launched report by Stratview Research, titled ‘Anti-wrinkle cream Market Size, Share, Trend, Forecast, Competitive Analysis, and Growth Opportunity: has been bifurcated By Product (Oils, Serums, Lotions), By Application (Hyper & Supermarkets, Online, Specialty Stores, Convenience Stores), and Region.
According to the report, Personal care and cosmetic goods are sold commercially all over the world. They are used to make the skin seem better. Consumer demand for more effective products, such as anti-wrinkle treatments that significantly improve skin and complexion, has expanded various research and development activities, as well as the development of new products, in the personal care industry.
Market Segmentation Analysis –
Based on application, the Anti-wrinkle cream market has been divided into Hyper & Supermarkets, Online, Specialty Stores, and Convenience Stores. Hypermarkets and supermarkets accounted for the largest market share in 2020. Because of the availability of many products at varying costs Furthermore, stores such as Marks & Spencer’s provide regular discounts, which contributes to the segment’s growth.
By region, the Asia-Pacific Anti-wrinkle cream market accounted for the largest share in 2020 and is expected to grow at a significant CAGR during the review period. Face Shop, Innisfree, and Soko Glam are among the key companies in this region. Rising pollution levels and UV radiation exposure have resulted in a rise in demand for anti-wrinkle products in this region.
The Europe Anti-wrinkle cream market is expected to grow at the highest CAGR during the review on account of the growth of the major end-use industries. Because of the presence of big brands such as Bioderma, Clarins, Vichy, and Kiko Milano The growing popularity of serums and essential oil advantages in the region is driving up demand for quick-absorbing and natural products.
The following are the key players in the market-
- Procter & Gamble Co.
- Johnson & Johnson
- Unilever PLC
- The Estée Lauder Companies, Inc.
- Shiseido Company Limited
- L’Oréal Paris
- ZO Skin Health, Inc
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