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November 30, 2015

face care & mass skin care to see the highest growth in personal grooming industry

"personal grooming and skin care industry growth"

The biggest markets in Global Skin care Category is US, China & south east asia  along with australia The worldwide  personal grooming  market was valued at US$110.69 billion in 2014, and its estimated to reach $121 billion in 2016. And by 2018, the U.S. skin care including personal grooming and beauty  market will reach $10,717.4 million. Another report on the cosmetic and global skin care industry  by  Transparency Market Research  pegs  it at US$155.4 bn by 2021
In 2014, the No. 1 skin care brand in the U.S. was an anti-aging brand: Olay Regenerist, owned by Procter & Gamble. Their total sales in 2014 amounted to approximately $103 million
" state of personal beauty and skin care products"

Global Skin Care  market will be dominated by Japan, China  and US followed by  Germany. 86% of  personal grooming products, industry growth this growth will come from face care products , followed by mass skincare with 68% growth.

The market will be led by  increasing demand for organic ingredients in personal care products and the rising demand for anti-aging products are the key factors driving the market for skin care products in Europe and North America. However the personal skin care market in  Asia Pacific will be led by  the demand for skin glowing products across mid and low-income households