Top 5 Vendors in the Global Professional Skincare Market from 2017-2021: Technavio

LONDON–(BUSINESS WIRE)–$PG #CosmeticsAndToiletries—Technavio
has announced the top five leading vendors in their recent global
professional skincare market report until 2021. This
research report also lists 40 other prominent vendors that are expected
to impact the market during the forecast period.

The research study by Technavio on the global
professional skincare market for 2017-2021 provides detailed
industry analysis based on product (anti-aging, pigmentation, sun
protection, dehydration, acne-control, and anti-cellulite products), on
distribution channel (salons and spas, medical care centers and
institutes, and specialty stores), and geography (APAC, the Americas,
EMEA, and ROW).

“The global professional skincare market size is projected to
cross USD 15 billion by 2021, growing at a CAGR of over 6% during the
forecast period. The growing demand from the health
and wellness industry and premium skincare products is
driving the growth of the market,” says Poonam Saini, one of the
lead analysts at Technavio for cosmetics
and toiletry research.

Competitive vendor landscape

The professional skincare market in developed countries is at a
relatively mature stage, while the developing economies from APAC
provide ample scope for manufacturers to explore the potential markets.
The markets in fast-growing countries, such as China and India, present
an attractive growth opportunity for new and existing players. Serums
targeted at blemish and skin tone correction, and with skin whitening
properties are witnessing healthy adoption rates in APAC markets, as
opposed to professional anti-aging
skincare products in western countries like the US.

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Top five vendors in the global professional skincare market

Beiersdorf

Beiersdorf offers personal care products, which include skin and body
care products. The company also provides self-adhesive products and
system solutions to various industries, craft businesses, and consumers.
It operates as a subsidiary of maxingvest.

L’Oréal

L’Oréal offers various professional skincare products, including Youth
Code (dark spot correcting and illuminating day cream with SPF 30),
Hydrafresh (moisturizer for normal to oily skin with SPF 15), Age
Perfect (hydra-nutrition advanced skin repair daily serum), Collagen
Moisture Filler Day/Night Cream, and RevitaLift (clinical repair
day/night cream). The company’s Vichy range of skincare products
continues to expand, underpinned by the growth of its popular
franchises, particularly Liftactiv Supreme and Neovadiol.

P&G

P&G offers consumer products through high-frequency stores, grocery
stores, e-commerce platforms, membership club stores, department stores,
drugstores, and mass merchandisers. Some professional skincare brands
offered by the company include Olay and SK-II.

Shiseido

Shiseido offers cosmetics, accessories for cosmetic products, and
toiletries worldwide. It also offers healthcare products and
over-the-counter drugs. The company offers skincare products through
ANNESSA, AQUA LABEL, bareMinerals, INTEGRATE, and Shiseido.

Unilever

Unilever operates in the food and beverage, household cleaning, and
personal care product markets. The company offers professional skincare
products through some of its global and regional brands. The company’s
product offerings in the market include Aviance, Citra, Murad, Lakmé,
Vaseline, and Neutral.

Browse Related Reports:

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About Technavio

Technavio
is a leading global technology research and advisory company. The
company develops over 2000 pieces of research every year, covering more
than 500 technologies across 80 countries. Technavio has about 300
analysts globally who specialize in customized consulting and business
research assignments across the latest leading edge technologies.

Technavio analysts employ primary as well as secondary research
techniques to ascertain the size and vendor landscape in a range of
markets. Analysts obtain information using a combination of bottom-up
and top-down approaches, besides using in-house market modeling tools
and proprietary databases. They corroborate this data with the data
obtained from various market participants and stakeholders across the
value chain, including vendors, service providers, distributors,
resellers, and end-users.

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