DUBLIN, Dec 16, 2016 /PRNewswire/ --
Research and Markets has announced the addition of the "Global Cosmeceuticals Market 2017-2021" report to their offering.
The report forecasts the global cosmeceuticals market to grow at a CAGR of 5.95% during the period 2017-2021.
The report covers the present scenario and the growth prospects of the global cosmeceuticals market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of cosmeceutical products through retail and salon outlets to individual consumers in the global market.
One of latest trends in the market is rising preference for physician-recommended products over non-prescription products. With the growing demand for skincare products from the aging population, the sales of physician-recommended (i.e., recommended by dermatologists, skin care specialists, and trichologists) cosmeceutical products is expected to increase in the coming years. The physician-recommended cosmeceuticals segment features well-known brand names, especially in the skincare products space. In line with the growing demand for physician-recommended products, vendors are focusing more on product differentiation to enhance the marketability of their products. Not only the global players, but even local and small- and mid-size vendors have started focusing on the development of advanced cosmeceutical products.
According to the report, one of the primary drivers in the market is growing premium BPC products industry. The global BPC products market is set to almost double in size in the next 10-15 years, with the US, China, Brazil, Japan, and India expected to become the top markets. Most consumers now prefer high-end cosmeceutical products, and are more open to new technology and new retail distribution models. Therefore, global BPC product manufacturers are finding greater opportunities to innovate and launch premium products under the skincare, haircare, fragrances, make-up, bath, male grooming, and sun care categories. Most of the premium and niche categories of these products have some sort of health and medicinal benefits and these products are considered as cosmeceuticals.
Key Topics Covered:
Part 01: Executive summary
Part 02: Scope of the report
Part 03: Market research methodology
Part 04: Introduction
Part 05: Economic indicators
Part 06: Market landscape
Part 07: Market segmentation by product
Part 08: Retail format segmentation
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/3ddnx6/global
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SOURCE Research and Markets