How Global Face Creams Market Players Should Strategize For 2022-2031

The global face creams market is expected to grow from $13.2 billion in 2021 to $14.45 billion in 2022 at a compound annual growth rate (CAGR) of 9.4%. The market is expected to grow to $20.33 billion in 2026 at a CAGR of 8.9%.

What is the Global Face Creams Market?

The face creams manufacturing market consists of the sales of face creams. Face creams are cosmetic creams or lotions, consisting of any of various substances in the form of a thick liquid, applied to the face to improve the complexion and for softening and moisturizing the skin.

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What drives the Global Face Creams Market?

The rising demand for natural and organic face creams is expected to drive face cream market growth during the forecast period. With the growing awareness of the risks associated with the prolonged use of face creams made from synthetic materials, the demand for natural and organic face creams has increased. Face cream manufacturers are focusing on developing products using natural ingredients such as aloe vera, clay, hyaluronic acid, antioxidants, coconut, avocado, jojoba, argan oil, carrot seed extracts, sunflower, and olive oil. According to Livemint's analysis, the contribution of natural products to personal care has increased to 35% in 2019. According to the survey conducted by Kari Gran, 75% of millennial women prefer buying products manufactured from natural ingredients. This is expected to drive the face creams market.

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Global Face Creams Market Segments
The global face creams market is segmented:
By Type: Moisture, Healing, Anti-aging, Other Types
By Age: 0-1, 2-25, 26-40, 41-55, >55
By Gender: Female, Male
By Application: Oil Skin, Dry Skin, Neutral Skin, Sensitive Skin, Other Applications
By Distribution Channel: Multi-Brand Retail Outlets, Online Platforms, Supermarkets/ Hypermarkets, Exclusive Retail Stores, Beauty Parlors/ Salons
By Geography: The regions covered in the face creams market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

Face Creams Global Market Report 2022provides market size and growth forecasts for the global face creams market, global face creams market share, face creams market segments and geographies, face creams market competitive landscape including leading competitors’ revenues, profiles and market shares. The face creams market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

Global Face Creams Industry Playersinclude Johnson & Johnson Services Inc., L'Oreal S.A., Procter & Gamble, The Estee Lauder Companies Inc., Unilever, Alticor Inc., The Body Shop International Limited, Avon Products Inc., Oriflame Cosmetics AG, and Shiseido Company Limited. Based on industry trends and company analysis, the report explains a number of strategies for companies in the market.