Global Professional Skincare Market 2015-2019 - New Report Available

From: Fast Market Research, Inc.
Published: Sun Aug 30 2015

The global professional skin care market includes a variety of products that protect the skin against aging, dehydration, pigmentation, sunlight, and cellulite buildup. These products are specially designed for individual skin types. Professional skin care products are generally sold through spas and salons, medical institutions, and retail stores.

The global professional skin care market is driven by several factors, with the most important one being the multi-functionality of cosmetic formulae. Increase in demand for anti-aging products, emergence of tailor-made products, and increased demand for sunscreen products are some other drivers. These products are also available in the form of gift packages.

Technavio's analysts forecast the global professional skin care market to grow at a CAGR of 6.15% over the period 2014-2019.

Commenting on the report, an analyst from Technavio's team said: "People have different skincare requirements in different regions of the world. Vendors in the market are investing in the development of products that offer specific solutions to these requirements."

According to the report, the high demand for anti-aging products worldwide is encouraging vendors to launch products that give results equivalent to age intervention facials. These anti-aging products not only reduce wrinkles, fine lines, and black spots but also improve skin texture, protect from UV rays, increase collagen, and hydrate the skin.

Further, the report states that many vendors that sell mass skincare products have launched premium skincare products that give results similar to professional skincare products. These products are of better quality than mass skincare products and are priced quite low in comparison to professional skincare products. They attract a lot of price-sensitive but quality-conscious customers, as they offer value for money.

The key players in the Global Professional Skincare Market are Clarins, Dermalogica, Guinot, L'Oreal, Murad, Obagi Medical, REN, and SkinMedica while other prominent vendors include 302 Skin Care, Aveda, BABOR, Bioelements, Decleor Paris, and Dermstore

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

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