ALBANY, N.Y.--(BUSINESS WIRE)--The report titled “Skin Care Products Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2015 – 2021”, recently published by Transparency Market Research, analyses the global market for skin care products.
The report states that the market had a valuation of US$110.69 billion in 2014. Growing at a 4.9% CAGR between 2015 and 2021, the market is forecast to rise to US$155.44 billion by 2021.
Browse Research Report: http://www.transparencymarketresearch.com/medicated-skin-care-products.html
The report states that the rising demand for organic ingredients in personal care products and the rising demand for anti-aging products are the key factors driving the market for skin care products in Europe and North America. In Asia Pacific, the demand for skin glowing products across mid and low-income households is expected to boost the global skin care products market.
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Across Middle East and Africa, the global skin care products market will achieve growth due to rising demand for skin brightening products. The market is driven in Latin America due to the substantial demand for sun protection creams and rising interest in skin hydration products.
Browse Press Release: http://www.transparencymarketresearch.com/pressrelease/medicated-skin-care-products.htm
The regional market of Middle East and Africa is the fastest growing market for skin care products across the globe. The report states that this regional market will develop at 8.6% CAGR between 2015 and 2021. Rising consumer awareness about skincare and increasing population of working-class people in MEA are the key factors leading to increased demand for skin care products.
Browse Article: http://www.transparencymarketresearch.com/article/medicated-skin-care-products.htm
Among the various product types studied in the report, the market segment of anti ageing cream held the largest share of market in the segment of face creams. In the segment of body lotions, the sub segment of mass market body care held the major share of the skin care market in 2014.
About Transparency Market Research
Transparency Market Research (TMR) is a market intelligence company driven by high-pedigree consultants and researchers. TMR leverages its Syndicated Research, Custom Research, and Market Consulting expertise to help businesses make accurate decisions. TMR’s exclusive blend of quantitative forecasting and trends analysis draws on proprietary data sources and techniques, while their data repository is continuously updated to reflect the latest trends.
