London, 07 August 2014: TechNavio, the independent tech-focused global research firm, has published a report on the Skin Care Market in Europe 2014-2018, which is expected to grow at a CAGR of 2.45 percent during the period 2013-2018.
Key Market Drivers
- Aging Population
- Multi-functionality of Cosmetic Formulations
- Increased Demand for Organic Skin Care Products
- Increased Facial Care Habits among Men
- New Product Launches
Key Market Trends
- Growing Demand for Value-for-money Products
- Increased Demand for Mobile or Small-sized Packs
- Increased Demand for Premium Skin Care Products
- Increased Demand for Tailored Products for Specific Needs
- Growing Number of Multi-channel Operations
- Retardation of Aging
“The Skin Care market in Europe has witnessed a change in the buying habits of consumers, as many opt for organic and natural skin care products that include marine, protein, enzymes, and other such ingredients,” says Faisal Ghaus, Vice President of TechNavio.
To define the market circumstances in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
https://www.technavio.com/%3Cp%3EIf%20you%20are%20interested%20in%20more%…
