According to the latest report by IMARC Group, titled “Cosmeceuticals Market Report by Product Type (Skin Care, Hair Care, Lip Care, Oral Care), Ingredient Type (Antioxidants, Sunscreens, Botanicals, Peptides and Proteins, Exfoliants, Moisturizers, Retinoids, and Others), Distribution Channel (Supermarkets and Hypermarkets, Convenience Stores, Specialty Stores, Online Stores, and Others), and Region 2025-2033,” the global cosmeceuticals market size reached USD 62.2 Billion in 2024. Cosmeceuticals are cosmetic products that contain bioactive ingredients with potential therapeutic effects on the skin. They contain higher concentrations of active ingredients like vitamins, antioxidants, peptides, botanical extracts, and other bioactive compounds. They are designed to provide cosmetic benefits while also delivering specific active ingredients that can improve the health and appearance of the skin. They aid in offering hydration, reducing wrinkles, lightening pigmentation, and promoting collagen synthesis.
Global Cosmeceuticals Market Trends:
The increasing global geriatric population that is more prone to develop age related skin concerns, such as wrinkles, fine lines, and sagging skin, represents one of the key factors driving the demand for cosmeceuticals around the world. Moreover, the rising awareness among the masses about the importance of doing skincare on a regular basis is augmenting the market growth. In addition, the growing influence of social media platforms and the increasing focus of individuals on improving their physical appearance is influencing the market positively. Apart from this, the surging prevalence of skin-related conditions, such as acne vulgaris, on account of sedentary lifestyles, unhealthy dietary patterns, hormonal imbalance, and insomnia, is propelling the growth of the market. Looking forward, the market value is projected to reach USD 112.8 Billion by 2033, expanding at a CAGR of 6.6% during 2025-2033.
Market Summary:
Report Features | Details |
---|---|
Base Year of the Analysis | 2024 |
Historical Period | 2019-2024 |
Forecast Period | 2025-2033 |
Units | Billion USD |
Segment Coverage | Product Type, Ingredient Type, Distribution Channel, Region |
Region Covered | Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
Countries Covered | United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico |
Companies Covered | Amway Corporation (Alticor), Avon Products, Inc. (Natura & Co.), Beiersdorf AG (Maxingvest ag), Croda International Plc, Estée Lauder Companies, Johnson & Johnson Services, Inc., L'Oréal S.A., Procter & Gamble Company, Shiseido Company Limited and Unilever PLC |
Customization Scope | 10% Free Customization |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
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