The global skin lighteners market is forecast to grow at a CAGR of 9.29% during the period 2016-2020.
Commenting on the report, an analyst from the research team said: One of the key trends for market growth will be demand for innovative and multi-benefit skin lightening products. To enhance their presence and expand their consumer base, manufacturers are now focusing more on developing innovative skin lightening products. Dermalogica, which was established by the International Dermal Institute, offers products that help in restoring the skin luminosity and improve the skin tone. They also help in reducing the appearance of brown spots and repair uneven skin tone.
These products are made of non-artificial fragrances, colors, and parabens. Céleteque DermoScience Brightening Multi-benefit BB Cream is formulated with Biobenefity, which provides brightening benefits, Biowhite, which helps reduce wrinkles and lighten dark spots, and SPF 15 for daily sunscreen protection from UVA and UVB rays. The product can also be used as a moisturizer as well as a makeup base. Neutrogena Visibly Even Foaming Cleanser helps naturally brighten skin and reduces excessive pigmentation and dark spots. In 2014, NIVEA launched NIVEA In-Shower Skin Conditioner, which has an easy absorbable skin whitening property.
According to the report, one of the key drivers for market growth will be demand for plant extract-based skin lighteners. With increasing health-consciousness, consumers today have started preferring products manufactured with natural ingredients, as they perceive these products to be safer and more effective.
To address this specific demand, manufacturers are formulating products using plant extracts such as green tea extract, grape seed extract, Pycnogenol, aloe vera extract, licorice extract, marine algae extract, cinnamic acid, flavonoids, mulberry extract, coffee berry, and retinoid. For instance, Philosophy launched Brighten My Day All-Over Skin Perfecting Brightening Essence cream in 2014, formulated with daisy flower extract, algae, and licorice, which can visibly lighten dark spots and hyperpigmentation.
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
- Estée Lauder
- BIODERMA Laboratory
- DS Healthcare
- Lotus Herbals
- Mary Kay
- Nature Republic
- Rachel K Cosmetics
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Geographical segmentation
PART 07: Key leading countries
PART 08: Market drivers
PART 09: Impact of drivers
PART 10: Market challenges
PART 11: Impact of drivers and challenges
PART 12: Market trends
PART 13: Vendor landscape
PART 14: Appendix
PART 15: About the Author
For more information about this report visit http://www.researchandmarkets.com/research/l9nkgg/global_skin
Research and Markets
Laura Wood, Senior Manager
For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/research-and-markets---global-skin-lighteners-market-cagr-growth-of-929-by-2020---trends-technologies--opportunities-report-2016-2020---key-vendors-shiseido-unilever-amorepacific-300334709.html
SOURCE Research and Markets