The global facial care market is expected to grow at a CAGR of 6.5% between 2018-2024, per a report from Research and Markets.
Among the study’s findings:
- Market drivers will include rising awareness about facial care products, new multinationals, growing distribution channels, and the increasing esteem of multifunctional products
- Potential growth hinderances include bands on some ingredients for application in skin cream
- Areas of opportunities include the increasing popularity of online purchases
The report covers products including skin whitening/lightening and anti-aging, facial creams, face wash, cleansing wipes and serums and masks. It also offers analyses of global and regional markets; trends and developments; companies operating in the market; and product segments and geographies worth focusing on for investment, consolidation, expansion and/or diversity.