The anti-pollution skin care products market to surpass a valuation of US$ 13.3 Bn at a CAGR of over 7.3% through 2031. Natural substances used in cosmetics and toiletries are in high demand, and this trend is predicted to continue.
South Korea is expected to account for over 12.6% of market share in East Asia through 2021 owing to easy access to the latest innovations along with the increase in the affordability and higher levels of discretionary income.
The recent increase in consumer awareness of health, happiness, and the environment is reflected in the organic beauty trend. According to the trend, businesses are substituting natural ingredients with synthetic ones. This is partially because of consumer demand and partly because of a move toward sustainable raw materials.
Aside from increased disposable incomes, there has been an increase in allergy cases as more chemical-based items enter the market. With greater exposure to chemical-based beauty products, people are experiencing a variety of allergies. People with sensitive skin generally avoid using such products, resulting in an increase in demand for high-end anti-pollution care solutions.
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Probiotic skincare is in high demand due to a preference for organic ingredients and the popularity of probiotics in the food and beverage industry. This opens up the possibilities for the cosmetics and personal care sector, as well as a lot of room for growth in the worldwide anti-pollution skin care products market.
The FDA in the United States is now examining scientific data to determine the safety of pro-biotics and post-biotics. Pentavitin (US only) targets Staphylococcus epidermidis prevalent in the scalp microbiome to moisturize the area and alleviate dry skin, and DSM is one of a few companies investigating into the benefits of this medicine. Syn-Up (US only) is another DSM product, a peptide component that interacts with the skin microbiome to address dry skin problems and skin redness.
Key Takeaways from the Anti-Pollution Skin Care Products Market Study
High-performance skincare for pre-teens is expanding the roots of personal care market globally.In terms of product type, facial scrubs & toners are expected to hold a noteworthy revenue share of 25.1% in 2021 due to increasing skin issues such as dryness, dark spots, wrinkles, and others.
In terms of nature, natural & organic anti-pollution skin care products marks as the prominent category due to the rising trend of organic ingredients such as turmeric, aloe vera which are chemical free.The U.S. holds a noteworthy value share of 79.0% in North America owing to the rapid upsurge in the number of anti-pollution skin care products in recent years.Thailand is a key market in South Asia reflecting a CAGR of 10.5% owing to higher spending on premium products in the country.
“To keep up with consumer demand for anti-pollution makeup, manufacturers are developing new products in a variety of makeup categories. The introduction of anti-pollution makeup, from lip balm to serum to face mask, even makeup remover, is propelling the total anti-pollution skin care products industry.” says an FMI analyst.
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Impact of COVID-19 on the Market
The novel coronavirus outbreak has caused an economic downturn by disrupting corporate operations in a variety of industries. The retail sector has taken a beating. A temporary difficulty for market participants is the decline in overall discretionary spending levels. The manufactures in the industry are focused to expand their product offerings and enhance their product portfolio even focused on improving online penetration, as this provides an opportunity to the players to access a wider consumer base at once within minimum costs.
Who is winning?
Leading manufacturers of anti-pollution skin care products are focused on aggressive promotional strategies, advertisements, and new product launches that have driven sales growth of anti-pollution skin care products globally.
Major players present in the anti-pollution skin care products market are Procter & Gamble Co., Beiersdorf AG, Unilever PLC, Avon Products Inc., The Estee Lauder Companies Inc., L’Oreal S.A., Kao Corporation, Colgate-Palmolive Company, Avon Products, Inc., Shiseido Company, Amway, among others.
Get More Valuable Insights
Future Market Insights, in its new offering, provides an unbiased analysis of the global anti-pollution skin care products market, presenting historical demand data (2016-2020) and forecast statistics for the period from 2021-2031.
The study divulges compelling insights on the anti-pollution skin care products market based on the product type (sun care products, moisturizers/ creams, facial masks, facial scrubs & toners, cleansers, and serums), end-user (male, female, and unisex), nature (conventional, natural/organic), sales channel (hypermarkets/ supermarkets, convenience stores, specialty stores, salon stores, online retailing, pharmaceutical & drug stores, and others) across seven major regions.
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