DUBLIN, October 26, 2016 /PRNewswire/ --
Research and Markets has announced the addition of the "Global Face Oils Market 2016-2020" report to their offering.
The report forecasts the global face oils market to grow at a CAGR of 5.66% during the period 2016-2020.
The report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Social media is a key trend among the key brands in the face oils market. In 2015, L'Oréal spent 25.5% of its media spending on digital and social media, compared to 15.7% digital media spending in 2014. The global fast-moving consumer goods (FMCG) companies had more than $137.5 billion digital advertising expenditure by the end of 2015. Approximately 25% of Internet users aged 16-24 years discovered new brands through celebrity endorsements. For the age group 25-34 years, it was 22%, and for the 35-44 age group, it was 14%.
According to the report, one of the key drivers for market growth will be demand for products specific to different skin types and age group. Skin type, tone, and structure vary from one person to another. Thus different concerns are observed for different types of skin. Manufacturers of face oils broadly the skin care products offer products targeted to different skin types such as combination, dry, normal, oily, and sensitive skins.
Further, the report states that effects of synthetic ingredients will be a challenge for the market.
- Estée Lauder
- Procter & Gamble
Key Topics Covered:
PART 01: Executive summary
PART 02: Market summary
PART 03: Scope of the report
PART 04: Market research methodology
PART 05: Introduction
PART 06: Market landscape
PART 07: Market segmentation by product category
PART 08: Segmentation by retail format
PART 09: Geographical segmentation
PART 10: Key leading countries
PART 11: Market drivers
PART 12: Impact of drivers
PART 13: Market challenges
PART 14: Impact of drivers and challenges
PART 15: Market trends
PART 16: Vendor landscape
PART 17: Appendix
For more information about this report visit http://www.researchandmarkets.com/research/vqdntw/global_face_oils
Research and Markets
Laura Wood, Senior Manager
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SOURCE Research and Markets