Skincare Market is predicted to reach US$ 230.21 Billion by 2032 | Exclusive Report by FMI
[296 Pages Report] Increase In awareness regarding advanced skincare products and rising prevalence of chronic diseases are expected to drive skincare market. According to a study by Future Market Insights (FMI), the global skincare market is forecast to reach a valuation of US$ 8,823.4 Mn in 2021.
The rising prevalence of several infectious diseases has necessitated innovation in the skincare market. According to the World Health Organization (WHO), the prevalence of chronic diseases was expected to increase by 57.0% by 2020, which indicated that a significant percentage of the population would suffer from chronic ailments. Also, the global outbreak of pandemics such as H1N1, Ebola, and others are boosting the requirement of different hand and skin hygiene products such as hand sanitizers, which is indicative of growth opportunities for the market.
Request Sample Copy of Report: @ https://www.futuremarketinsights.com/reports/sample/rep-gb-13122
Skincare products such as skin cleansers, hand sanitizer, skin conditioners, and surgical scrubs are increasingly used to maintain skin hygiene and to prevent the spread of infections. The rising prevalence of chronic diseases and increase in demand for hand sanitizers amid COVID-19 pandemic is expected to boost the growth of the skincare market.
Moreover, increasing incidence of hospital-acquired diseases such as surgical site infection (SSI) is creating opportunities for growth. Sales will surge further as a result of the increasing awareness about advanced skincare products. Social media & innovative online campaigns aimed at creating awareness are therefore reshaping the skincare market.
Increasing market consolidation activities, adoption of strategic agreements among the leading manufacturers and increasing research activities aimed at launching effective products are some of the factors enabling growth. Some of the leading players are aiming to strengthen their product portfolio by launching a various online campaign. For instance, in 2021, Galderma Laboratories, L.P.-Cetaphil launched an innovative digital campaign to connect with millions of consumers experiencing skin sensitivity.with the market expected to exhibit a CAGR of 8.1% during the forecast period (2021-2031)
Ask from the Market Research Expert @ https://www.futuremarketinsights.com/ask-question/rep-gb-13122
Key Takeaways from Skincare Market Study
Skincare market is expected to rise at 8.1% CAGR between 2021 and 2031
High willingness among consumers to spend on personal health and hygiene will drive growth in the U.S., which will account for over 85% of sales in North America by 2031
The U.K. will remain a key market for skincare products within Europe. Rising demand from various hospitals, healthcare, and critical care centers will continue supporting growth
Expansion of the healthcare sector will push growth in Germany, which will account for maximum skincare products sales within Europe’s healthcare sector
Strong growth is likely in China, as consumers increasingly focus on hygiene and sanitization to prevent the risk of infection
Key Players :
- 3M Company
- Cardinal Health, Inc.
- Whiteley Corporation
- Reckitt Benckiser Group PLC
- Johnson & Johnson Consumer Inc.
- Galderma laboratories, L.P.
- PDI, Inc.
- Betco Corporation
- Pal International
- PSK Pharma Pvt. Ltd.
- Metrex Research, LLC.
- Gojo Industries, Inc.
- Steris Plc.
- Procter & Gamble
Buy this report @ https://www.futuremarketinsights.com/checkout/13122
Skincare Market by Category
- Skin Cleansers
- Hand Sanitizers
- Surgical Scrubs
- Skin Conditioners
- Gel & Lotions
- Spray & Foams
- Ambulatory Surgical Centers
- Diagnostic Laboratories
- Reference Laboratories
- Rehabilitation Centers
- Long Term Care Centers
- Critical Care Centers
- Pharmaceutical & Biotechnology Companies
- Academics and Research Institutes
- Homecare Settings
Explore Wide-ranging Coverage of FMI’s Healthcare Landscape:
Insulin Patch Pump Market Trends: Insulin patch pump is a device that is used for the delivery of insulin. An insulin patch pump is worn directly on the body where it gets attached discretely due to the adhesive present on the insulin patch pump.
Insulin Management System Market Forecast: The insulin management system market is expected to thrive at a strong CAGR of 19% during the forecast period. The market holds a revenue of US$ 21.11 billion in 2022 while it is expected to cross a value of US$ 120 billion by 2032.
Insulin Biosimilars Market Analysis: Global insulin biosimilars market demand is anticipated to be valued at US$ 1,468.6 Million in 2022, forecast a CAGR of 14.9% to be valued at US$ 5,876.4Million from 2022 to 2032.
Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
For Sales Enquiries: firstname.lastname@example.org
LinkedIn| Twitter| Blogs