Face cream market to grow by 4.7% Y-O-Y from 2022 to 2023: Increased availability of specialized face creams will drive growth -Technavio

NEW YORK, Jan. 10, 2023 /PRNewswire/ --

Face cream market insights -

• Vendors: 15+, Including Amway Corp., Avon Products, Beiersdorf AG, Johnson and Johnson, Kao Corp., Libby Laboratories Inc., Lotus Herbals Pvt. Ltd., Lucas Meyer Cosmetics, Oriflame Holding AG, Procter and Gamble, Reckitt Benckiser Group PLC, Reviderm AG, Shiseido Co. Ltd., The Body Shop, The Estee Lauder Co Inc, The Himalaya Drug Co, The Natures Co., Unilever PLC, Verona Products Professional Sp. z o.o., and LOreal SA among others
• Coverage: Parent market analysis; key drivers, major trends, and challenges; customer and vendor landscape; vendor product insights and recent developments; key vendors; and market positioning of vendors
• Segments: Product (anti-aging cream, skin whitening, and sun protection cream, and moisturizer and anti-acne cream), distribution channel (offline and online), and geography (APAC, North America, Europe, South America, and Middle East and Africa).

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The face cream market report provides critical information and factual data, with a qualitative and quantitative study of the market based on market drivers and limitations as well as future prospects.

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In 2017, the face cream market was valued at USD 32,505.89 million. From a regional perspective, APAC held the largest market share, valued at USD 15,897.78 million. The face cream market size is estimated to grow by USD 11635.53 million from 2023 to 2027 at a CAGR of 5.2% according to Technavio.

Face cream market - Customer landscape
To help companies evaluate and develop growth strategies, the report outlines –

• Key purchase criteria
• Adoption rates
• Adoption lifecycle
• Drivers of price sensitivity
• For highlights on customer landscape analysis, download a sample!

The growing competition in the market is compelling vendors to adopt various growth strategies such as promotional activities and spending on advertisements to improve the visibility of their services. Technavio report analyzes the market's competitive landscape and offers information on several market vendors including -

• Amway Corp: The company offers face cream products such as Attitude Be Bright Day Cream.
• Avon Products: The company offers face cream products such as Avon Anew Luminosity Day Cream.
• Beiersdorf AG: The company offers face cream products such as Nivea cream.

Major drivers – 

• Rising demand for natural and organic face creams
• Increased availability of specialized face creams
• Rapid growth in online sales

KEY challenges – 

• Growing concerns over the safety of synthetic ingredients in face creams
• The rising challenge of counterfeit products
• The growing prominence of alternate products

Drivers, & Challenges have an impact on market dynamics and can impact businesses. Find some insights from a sample report!

What are the key data covered in this face cream market report?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the growth of the face cream market between 2023 and 2027
• Precise estimation of the size of the face cream market and its contribution to the parent market
• Accurate predictions about upcoming trends and changes in consumer behavior
• Growth of the face cream market across APAC, North America, Europe, South America, and Middle East and Africa
• A thorough analysis of the market's competitive landscape and detailed information about vendors
• Comprehensive analysis of factors that will challenge the growth of face cream market vendors

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Premium Cosmetics Market by Distribution Channel, Product, and Geography - Forecast and Analysis 2023-2027: The premium cosmetics market is estimated to grow at a CAGR of 8.9% between 2022 and 2027. The size of the market is forecast to increase by USD 55,503.21 million. The increased demand for premium skincare products is notably driving the market growth, although factors such as the availability of counterfeit brands may impede the market growth. 

Vegan Cosmetics Market by Distribution Channel, Type, and Geography - Forecast and Analysis 2023-2027: The vegan cosmetics market is estimated to grow at a CAGR of 6.5% between 2022 and 2027. The size of the market is forecast to increase by USD 5,872.81 million. The promotional and marketing strategies employed by cruelty-free cosmetics vendors are notably driving market growth. However, factors such as stringent guidelines for obtaining vegan or cruelty-free certification may impede market growth.

Browse for Technavio "Consumer Staples" Research Reports

1 Executive Summary

• 1.1 Market overview 
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
• Exhibit 06: Executive Summary – Chart on Market Segmentation by Distribution Channel
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem 
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition 
• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 13: Market segments

• 3.3 Market size 2022

• 3.4 Market outlook: Forecast for 2022-2027 
• Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
• Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Global face cream market 2017 - 2021 
• Exhibit 18: Historic Market Size – Data Table on Global face cream market 2017 - 2021 ($ million)

• 4.2 Product Segment Analysis 2017 - 2021 
• Exhibit 19: Historic Market Size – Product Segment 2017 - 2021 ($ million)

• 4.3 Distribution channel Segment Analysis 2017 - 2021
• Exhibit 20: Historic Market Size – Distribution channel Segment 2017 - 2021 ($ million)

• 4.4 Geography Segment Analysis 2017 - 2021 
• Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)

• 4.5 Country Segment Analysis 2017 - 2021 
• Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

• 5.1 Five forces summary 
• Exhibit 23: Five forces analysis - Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry 
• Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition 
• Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Product

• 6.1 Market segments 
• Exhibit 30: Chart on Product - Market share 2022-2027 (%)
• Exhibit 31: Data Table on Product - Market share 2022-2027 (%)

• 6.2 Comparison by Product 
• Exhibit 32: Chart on Comparison by Product
• Exhibit 33: Data Table on Comparison by Product

• 6.3 Anti-aging cream - Market size and forecast 2022-2027
• Exhibit 34: Chart on Anti-aging cream - Market size and forecast 2022-2027 ($ million)
• Exhibit 35: Data Table on Anti-aging cream - Market size and forecast 2022-2027 ($ million)
• Exhibit 36: Chart on Anti-aging cream - Year-over-year growth 2022-2027 (%)
• Exhibit 37: Data Table on Anti-aging cream - Year-over-year growth 2022-2027 (%)

• 6.4 Skin whitening and sun protection cream - Market size and forecast 2022-2027 
• Exhibit 38: Chart on Skin whitening and sun protection cream - Market size and forecast 2022-2027 ($ million)
• Exhibit 39: Data Table on Skin whitening and sun protection cream - Market size and forecast 2022-2027 ($ million)
• Exhibit 40: Chart on Skin whitening and sun protection cream - Year-over-year growth 2022-2027 (%)
• Exhibit 41: Data Table on Skin whitening and sun protection cream - Year-over-year growth 2022-2027 (%)

• 6.5 Moisturizer and anti-acne cream - Market size and forecast 2022-2027 
• Exhibit 42: Chart on Moisturizer and anti-acne cream - Market size and forecast 2022-2027 ($ million)
• Exhibit 43: Data Table on Moisturizer and anti-acne cream - Market size and forecast 2022-2027 ($ million)
• Exhibit 44: Chart on Moisturizer and anti-acne cream - Year-over-year growth 2022-2027 (%)
• Exhibit 45: Data Table on Moisturizer and anti-acne cream - Year-over-year growth 2022-2027 (%)

• 6.6 Market opportunity by Product 
• Exhibit 46: Market opportunity by Product ($ million)

7 Market Segmentation by Distribution Channel

• 7.1 Market segments 
• Exhibit 47: Chart on Distribution Channel - Market share 2022-2027 (%)
• Exhibit 48: Data Table on Distribution Channel - Market share 2022-2027 (%)

• 7.2 Comparison by Distribution Channel 
• Exhibit 49: Chart on Comparison by Distribution Channel
• Exhibit 50: Data Table on Comparison by Distribution Channel

• 7.3 Offline - Market size and forecast 2022-2027
• Exhibit 51: Chart on Offline - Market size and forecast 2022-2027 ($ million)
• Exhibit 52: Data Table on Offline - Market size and forecast 2022-2027 ($ million)
• Exhibit 53: Chart on Offline - Year-over-year growth 2022-2027 (%)
• Exhibit 54: Data Table on Offline - Year-over-year growth 2022-2027 (%)

• 7.4 Online - Market size and forecast 2022-2027
• Exhibit 55: Chart on Online - Market size and forecast 2022-2027 ($ million)
• Exhibit 56: Data Table on Online - Market size and forecast 2022-2027 ($ million)
• Exhibit 57: Chart on Online - Year-over-year growth 2022-2027 (%)
• Exhibit 58: Data Table on Online - Year-over-year growth 2022-2027 (%)

• 7.5 Market opportunity by Distribution Channel
• Exhibit 59: Market opportunity by Distribution Channel ($ million)

8 Customer Landscape

• 8.1 Customer landscape overview 
• Exhibit 60: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation 
• Exhibit 61: Chart on Market share by geography 2022-2027 (%)
• Exhibit 62: Data Table on Market share by geography 2022-2027 (%)

• 9.2 Geographic comparison 
• Exhibit 63: Chart on Geographic comparison
• Exhibit 64: Data Table on Geographic comparison

• 9.3 APAC - Market size and forecast 2022-2027
• Exhibit 65: Chart on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 66: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 67: Chart on APAC - Year-over-year growth 2022-2027 (%)
• Exhibit 68: Data Table on APAC - Year-over-year growth 2022-2027 (%)

• 9.4 North America - Market size and forecast 2022-2027
• Exhibit 69: Chart on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 70: Data Table on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 71: Chart on North America - Year-over-year growth 2022-2027 (%)
• Exhibit 72: Data Table on North America - Year-over-year growth 2022-2027 (%)

• 9.5 Europe - Market size and forecast 2022-2027 
• Exhibit 73: Chart on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 74: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 75: Chart on Europe - Year-over-year growth 2022-2027 (%)
• Exhibit 76: Data Table on Europe - Year-over-year growth 2022-2027 (%)

• 9.6 South America - Market size and forecast 2022-2027
• Exhibit 77: Chart on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 78: Data Table on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 79: Chart on South America - Year-over-year growth 2022-2027 (%)
• Exhibit 80: Data Table on South America - Year-over-year growth 2022-2027 (%)

• 9.7 Middle East and Africa - Market size and forecast 2022-2027 
• Exhibit 81: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 82: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 83: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
• Exhibit 84: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)

• 9.8 China - Market size and forecast 2022-2027
• Exhibit 85: Chart on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 86: Data Table on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 87: Chart on China - Year-over-year growth 2022-2027 (%)
• Exhibit 88: Data Table on China - Year-over-year growth 2022-2027 (%)

• 9.9 US - Market size and forecast 2022-2027
• Exhibit 89: Chart on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 90: Data Table on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 91: Chart on US - Year-over-year growth 2022-2027 (%)
• Exhibit 92: Data Table on US - Year-over-year growth 2022-2027 (%)

• 9.10 Germany - Market size and forecast 2022-2027
• Exhibit 93: Chart on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 94: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 95: Chart on Germany - Year-over-year growth 2022-2027 (%)
• Exhibit 96: Data Table on Germany - Year-over-year growth 2022-2027 (%)

• 9.11 Japan - Market size and forecast 2022-2027
• Exhibit 97: Chart on Japan - Market size and forecast 2022-2027 ($ million)
• Exhibit 98: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
• Exhibit 99: Chart on Japan - Year-over-year growth 2022-2027 (%)
• Exhibit 100: Data Table on Japan - Year-over-year growth 2022-2027 (%)

• 9.12 UK - Market size and forecast 2022-2027
• Exhibit 101: Chart on UK - Market size and forecast 2022-2027 ($ million)
• Exhibit 102: Data Table on UK - Market size and forecast 2022-2027 ($ million)
• Exhibit 103: Chart on UK - Year-over-year growth 2022-2027 (%)
• Exhibit 104: Data Table on UK - Year-over-year growth 2022-2027 (%)

• 9.13 Market opportunity by geography 
• Exhibit 105: Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

• 10.1 Market drivers

• 10.2 Market challenges

• 10.3 Impact of drivers and challenges 
• Exhibit 106: Impact of drivers and challenges in 2022 and 2027

• 10.4 Market trends

11 Vendor Landscape

• 11.1 Overview

• 11.2 Vendor landscape 
• Exhibit 107: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption 
• Exhibit 108: Overview on factors of disruption

• 11.4 Industry risks 
• Exhibit 109: Impact of key risks on business

12 Vendor Analysis

• 12.1 Vendors covered 
• Exhibit 110: Vendors covered

• 12.2 Market positioning of vendors 
• Exhibit 111: Matrix on vendor position and classification

• 12.3 Amway Corp. 
• Exhibit 112: Amway Corp. - Overview
• Exhibit 113: Amway Corp. - Product / Service
• Exhibit 114: Amway Corp. - Key news
• Exhibit 115: Amway Corp. - Key offerings

• 12.4 Avon Products 
• Exhibit 116: Avon Products - Overview
• Exhibit 117: Avon Products - Product / Service
• Exhibit 118: Avon Products - Key offerings

• 12.5 Beiersdorf AG 
• Exhibit 119: Beiersdorf AG - Overview
• Exhibit 120: Beiersdorf AG - Business segments
• Exhibit 121: Beiersdorf AG - Key news
• Exhibit 122: Beiersdorf AG - Key offerings
• Exhibit 123: Beiersdorf AG - Segment focus

• 12.6 Johnson and Johnson 
• Exhibit 124: Johnson and Johnson - Overview
• Exhibit 125: Johnson and Johnson - Business segments
• Exhibit 126: Johnson and Johnson - Key news
• Exhibit 127: Johnson and Johnson - Key offerings
• Exhibit 128: Johnson and Johnson - Segment focus

• 12.7 Kao Corp. 
• Exhibit 129: Kao Corp. - Overview
• Exhibit 130: Kao Corp. - Business segments
• Exhibit 131: Kao Corp. - Key offerings
• Exhibit 132: Kao Corp. - Segment focus

• 12.8 Libby Laboratories Inc. 
• Exhibit 133: Libby Laboratories Inc. - Overview
• Exhibit 134: Libby Laboratories Inc. - Product / Service
• Exhibit 135: Libby Laboratories Inc. - Key offerings

• 12.9 LOreal SA 
• Exhibit 136: LOreal SA - Overview
• Exhibit 137: LOreal SA - Business segments
• Exhibit 138: LOreal SA - Key news
• Exhibit 139: LOreal SA - Key offerings
• Exhibit 140: LOreal SA - Segment focus

• 12.10 Lotus Herbals Pvt. Ltd. 
• Exhibit 141: Lotus Herbals Pvt. Ltd. - Overview
• Exhibit 142: Lotus Herbals Pvt. Ltd. - Product / Service
• Exhibit 143: Lotus Herbals Pvt. Ltd. - Key offerings

• 12.11 Oriflame Holding AG 
• Exhibit 144: Oriflame Holding AG - Overview
• Exhibit 145: Oriflame Holding AG - Business segments
• Exhibit 146: Oriflame Holding AG - Key offerings
• Exhibit 147: Oriflame Holding AG - Segment focus

• 12.12 Procter and Gamble 
• Exhibit 148: Procter and Gamble - Overview
• Exhibit 149: Procter and Gamble - Business segments
• Exhibit 150: Procter and Gamble - Key offerings
• Exhibit 151: Procter and Gamble - Segment focus

• 12.13 Shiseido Co. Ltd. 
• Exhibit 152: Shiseido Co. Ltd. - Overview
• Exhibit 153: Shiseido Co. Ltd. - Business segments
• Exhibit 154: Shiseido Co. Ltd. - Key offerings
• Exhibit 155: Shiseido Co. Ltd. - Segment focus

• 12.14 The Body Shop 
• Exhibit 156: The Body Shop - Overview
• Exhibit 157: The Body Shop - Product / Service
• Exhibit 158: The Body Shop - Key offerings

• 12.15 The Estee Lauder Co Inc 
• Exhibit 159: The Estee Lauder Co Inc - Overview
• Exhibit 160: The Estee Lauder Co Inc - Product / Service
• Exhibit 161: The Estee Lauder Co Inc - Key news
• Exhibit 162: The Estee Lauder Co Inc - Key offerings

• 12.16 The Himalaya Drug Co 
• Exhibit 163: The Himalaya Drug Co - Overview
• Exhibit 164: The Himalaya Drug Co - Product / Service
• Exhibit 165: The Himalaya Drug Co - Key offerings

• 12.17 Unilever PLC 
• Exhibit 166: Unilever PLC - Overview
• Exhibit 167: Unilever PLC - Business segments
• Exhibit 168: Unilever PLC - Key news
• Exhibit 169: Unilever PLC - Key offerings
• Exhibit 170: Unilever PLC - Segment focus

13 Appendix

• 13.1 Scope of the report

• 13.2 Inclusions and exclusions checklist 
• Exhibit 171: Inclusions checklist
• Exhibit 172: Exclusions checklist

• 13.3 Currency conversion rates for US$ 
• Exhibit 173: Currency conversion rates for US$

• 13.4 Research methodology 
• Exhibit 174: Research methodology
• Exhibit 175: Validation techniques employed for market sizing
• Exhibit 176: Information sources

• 13.5 List of abbreviations 
• Exhibit 177: List of abbreviations

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Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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