Skin care products are largely available in all parts of the world, ranging from anti-ageing and anti-wrinkle creams to sunscreens and moisturizers. The market for skin care products is projected to grow with a CAGR of around 5.5% during the forecast period, i.e., 2019-2027. The market is segmented by product, by application, by distribution channel and by region, out of which, the product segment is further segmented into cleansers, exfoliators, face masks, body lotions, moisturizers, sunscreens, anti-ageing creams and others.
Based on regional analysis, the skin care products market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. The market in Asia Pacific is predicted to hold the leading share in the skin care products market as a result of growing population and the presence of a large number of organic ingredients in the region that are grown locally promotes their usage in these products in place of synthetically-derived substances.
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