Europe Cosmeceutical Sector to Record 6% CAGR till 2022, Says RNCOS in Its Topical Research Study Available at MarketPublishers.com02 Mar 2017 • by Natalie Aster
LONDON – The cosmeceutical industry has turned the tide of the cosmetics and personal care industry due to the ability of its products to fix imperfection. Surging consumer consciousness about the appearance amid the population of Europe has resulted to impressive growth of the industry.
Furthermore, a hike in the popularity of cosmeceutical products, specifically in the skin care segment, has gained traction in the European nations such as France, the UK, Germany, among others. With diverse applications of the products and increasing consumer awareness on its advantage, the region’s cosmeceutical sector is predicted to increase at 6% CAGR till 2022.
The skin care segment dominates the market, with the hair care and injectables following after.
The rise in technological innovations and ongoing introduction of new products by players such as Johnson & Johnson, Avon, Procter & Gamble, L’oreal, etc. has contributed greatly in the overall market development.
New research report “Europe Cosmeceutical Market Outlook 2022” elaborated by RNCOS E-Services examines the present-day and future scenario of the cosmeceutical industry on a regional level. The study provides an extensive analysis and market estimation of the main industry segments. The research provides detailed forecasts of the industry for the European countries such as France, Germany, the UK, Italy, and Spain. The report canvasses the challenges faced by the market and its players to give a refined understanding of the industry; canvasses the structure and also the growth pace of the marketplace in the forthcoming years. The report evaluates the competitive landscape that provides company profiling of the dominant players.
To find more new research reports by our partner, follow RNCOS E-Services page at MarketPublishers.com.