COSMECEUTICALS MARKET ANALYSIS

Leading Companies

Global Cosmeceutical Market: Key Developments

In September 2021, Boddess launched Juice Beauty, a plant-based line of cosmeceutical products in India to cater to the increasing demand. The company will also tie up with other online omni-channel retailers to sell their products.

In August 2021, RAMICOS Cosmetics announced the launch of a new range of products with new formulas that are clean and vegan, freshly packaged products, and provide a whole new experience to its customers. The Start-up will offer access to both RAMICOS cosmetics and skincare brands with colour cosmetics for the first time.

In March 2019, Shiseido planned to introduce its Medicated Care-Hybrid Foundation across two of its brands. The Medicated Care-Hybrid Foundation is a new product meant to provide medicated skin care effects to the skin while acting as a foundation.

In September 2018, L'Oréal Paris launched a new virtual try-on tool for its online shoppers. The "Try On" augmented reality tool allows shoppers to virtually try on hundreds of beauty products, with a few clicks right on L'Oreal's website, without the assistance of an app.

Global Cosmeceutical Market: Key Companies Insights

The global cosmeceutical market is highly competitive. This is attributed to the rise in demand for cosmeceuticals around the world, as a result, players in the market are focusing on launching novel products in the market.

Some of the key players in the global cosmeceutical market are Bayer AG, Henkel AG & Co. KgaA, Avon Products Inc., Johnson & Johnson Inc., Kao Corporation, Beiersdorf AG, Groupe Clarins SA, Revlon Inc., Shiseido Co. Ltd., Unilever PLC, Procter & Gamble, L'Oréal SA, Lotus Herbals Pvt. Ltd., and The Estée Lauder Companies Inc., among others.