ASIA PACIFIC FACIAL CARE MARKET ANALYSIS

Asia Pacific Facial Care Market, By Product Type (Skin whitening/lightening and anti-ageing creams, Facial creams, Face wash, Cleansing wipes, Serums and Masks, and others), By Consumer Group (Male and Female), By Distribution Channel (Store-based retailing and Non-store based retailing), and By Country (China, Japan, India, Australia, South Korea, ASEAN, Rest of Asia Pacific) -

Published In : Jul 2023
Code : CMI3911
Pages :150
Formats :
Excel and PDF
Industry : Pharmaceutical

Asia Pacific Facial Care MarketSize and Trends

Asia Pacific facial care market is estimated to be valued at US$ 52.0 billion in 2023 and is expected to exhibit a CAGR of 7.2% during the forecast period (2023-2030).

Market- Trends

Increasing awareness on aesthetic appearance and skincare, new product launches, and strategies like mergers, acquisitions, and collaboration are expected drive the Asia Pacific facial care market growth over the forecast period. For instance, according to the data shared by World Bank on Female Labor Force Participation on January 10, 2022, worldwide, there is nearly 47% women force while in Asia Pacific region the percentage is nearly 67%. This increases the demand for skin care products from working professionals. This can drive growth of market. Also as working women population increases, the purchasing power will also increase, this can drive market growth in forecast period.