Europe Cosmeceuticals Market

The cosmeceuticals market in Europe is expected to grow from US$ 12,345.02 million in 2021 to US$ 21,746.39 million by 2028; it is estimated to grow at a CAGR of 8.4% from 2021 to 2028.

 

The rising male grooming industry is a key growth promoter in the Europe cosmeceuticals market. There has been a pivotal shift in male pampering culture during the last decade. The share of male consumers in the dollar sales is likely to increase with the growing demand for anti-aging and acne control cosmeceuticals among the male population. The combined efforts from influencers and brands dismantle the archaic notion that men should not indulge in self-care. In skin care, there will be growth in products designed for different skin types and degrees of stubble. The number of product launches for men will still be low compared to those for women, but the gap will narrow over time.

 

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the Europe cosmeceuticals market. The Europe cosmeceuticals market is expected to grow at a good CAGR during the forecast period.

 

Europe Cosmeceuticals

Market Revenue and Forecast to 2028 (US$ Million)

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Europe Cosmeceuticals Strategic Insights

Strategic insights for the Europe Cosmeceuticals provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

Europe Cosmeceuticals Report Scope

Europe Cosmeceuticals Regional Insights

The geographic scope of the Europe Cosmeceuticals refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.

 

Europe Cosmeceuticals Market Segmentation

Europe cosmeceuticals market is segmented into active ingredient, distribution channel, product and country. By active ingredient, the cosmeceuticals market is segmented into antioxidants, peptides and proteins, exfoliants, retinoids, botanicals, and others. The antioxidants segment held the largest market share in 2021. The Europe cosmeceuticals market, based on distribution channel, is segmented into supermarket/hypermarket, online retail stores, convenience stores, specialist stores, and other distribution channels. In 2021, the supermarket/hypermarket segment held the largest share of the market. The cosmeceuticals market, based on product, is segmented into skin care, hair care, oral care, and others. The skin care segment held the largest share of the market in 2021. Based on country, the Europe cosmeceuticals market is segmented into France, Germany, Italy, the UK, Spain, and the rest of Europe.

 

Allergan, Amway Corp., Avon Products Inc., BASF SE, Beiersdorf Global, Croda International Plc, Johnson & Johnson, L'Oreal, Procter & Gamble, and Unilever plc are among the leading companies in the Europe cosmeceuticals market.