0
Upcoming Allied Market Research
2023
Facial Essence Market

Facial Essence Market

by Type (Whitening Essence, Anti-aging Serum, Moisturizing Essence, Acne Essence, Others), by Nature (Organic, Conventional) by Distribution Channel (Hypermarkets/Supermarkets, Specialty Stores, E-Commerce, Others) : Global Opportunity Analysis and Industry Forecast, 2022-2032

Report Code: A43590
Pages: NA
Apr 2023 | 82 Views
Author(s) : Roshan D
Tables: NA
Charts: NA
  • Formats*:

  • pdf

    Single User License, Five User
    License & Enterprise User License

  • xls

    Data Pack Excel License

  • ppt

    It comes with the additional cost
    of $2500.00 contact sales.

 
Facial essence is a lightweight and hydrating liquid that can prepare the skin to better absorb subsequent skincare products while delivering active ingredients deep into the skin. It acts as a primer for the skincare routine by restoring the natural moisture balance of the skin and adding an extra layer of hydration for dehydrated skin. This can also help to soothe irritated skin and improve the effectiveness of other skincare products. This has led to increasing demand for facial essences in the global skincare market.
The cosmetics industry, in particular, is a major driver of demand for facial essence products as companies seek to meet the needs and preferences of consumers for high-quality skincare products. The trend towards natural and organic products is also driving growth in the facial essence market as consumers increasingly prioritize products that are safe and gentle on the skin. Moreover, rapid urbanization and a rise in disposable income are also key drivers of this market. As more people move to urban areas and experience higher incomes, they are more likely to invest in high-quality skincare products that can help improve the health and appearance of their skin. This is particularly true in emerging markets where consumers are increasingly aware of the importance of self-care and investing in high-quality skincare products. Overall, these drivers, along with others like advanced skincare technologies and the popularity of K-beauty and J-beauty trends, are contributing to the growth of this market.
However, stringent government regulations regarding the use of chemicals in cosmetics are one of the major factors restraining the growth of the global facial essence market. Many countries have imposed strict regulations on the use of certain chemicals in cosmetics, which can make it difficult for companies to produce and sell facial essence products that contain those chemicals. For example, some countries have banned the use of certain parabens, phthalates, and other chemicals in cosmetics due to concerns about their safety or environmental impact. In addition, the high cost associated with some natural ingredients used in facial essences is another key factor that could hamper the growth of the market. Many facial essence products contain natural and organic ingredients that can be expensive to source and process. This can increase the cost of production and, in turn, the retail price of the products. As a result, some consumers may be hesitant to purchase these products due to their high cost, which could limit the growth of the market.
Increasing disposable income and high per capita spending on makeup and cosmetic products are expected to drive the growth of the global facial essence market over the forecast period.  For instance, according to the International Trade Administration, in 2019, the U.S. had the highest per capita spending on cosmetics, with an average expenditure of $139 per person in 2019. Other markets with high per capita spending on cosmetics included Japan, South Korea, France, and Germany. In addition, rising online sales are expected to fuel the market growth of the facial essence market. the rise of e-commerce and online sales channels has made it easier for consumers to access a wider range of skincare products, including facial essence, from the comfort of their homes. This has expanded the reach of the facial essence market, allowing consumers to access products from all around the global.
The COVID-19 pandemic had a significant impact on the beauty and skincare industry, including the facial essence market. During the pandemic, many consumers shifted their focus towards skincare and self-care, leading to a surge in demand for facial essence and other skincare products. However, the pandemic also resulted in disruptions in the global supply chain and changes in consumer behavior, which impacted the facial essence market in different ways. For instance, with the closure of physical retail stores and reduced foot traffic, the demand for facial essence from traditional retail channels such as supermarkets and hypermarkets may have decreased. On the other hand, online sales of facial essence and other skincare products increased as consumers turned to e-commerce platforms for their shopping needs.
As we move towards 2022, the facial essence market is expected to continue its growth trajectory, driven by factors such as rising consumer awareness of the importance of skincare, increasing demand for natural and organic products, and growing adoption of e-commerce platforms. However, the market may continue to face challenges such as supply chain disruptions and changing consumer preferences, which could impact growth and market dynamics. In conclusion, while the COVID-19 pandemic had a significant impact on the facial essence market, the market is expected to continue to grow in 2022 and beyond, driven by a range of factors and evolving consumer trends.
Segment Overview:
By type: The market is categorized into whitening essence, antiageing serums, moisturizing essence, acne essence, and others. 
Whitening essence: Whitening essence is a type of skincare product that is designed to brighten and even out the complexion. It is formulated with ingredients such as niacinamide, vitamin C, and licorice root extract, which can help to reduce the appearance of dark spots, hyperpigmentation, and other discolouration on the skin. 
Antiageing serum: Antiaging serum is a skincare product that is designed to reduce the visible signs of ageing, such as fine lines and wrinkles. It typically contains active ingredients that help to boost collagen production, repair damaged skin cells, and improve overall skin texture. Some common active ingredients found in antiageing serums include retinol, vitamin C, hyaluronic acid, peptides, and antioxidants. Each of these ingredients has specific benefits for the skin, such as promoting collagen synthesis, improving skin elasticity, and reducing inflammation.
Moisturizing essence: Moisturizing essence is a type of skin care product that is specifically designed to hydrate and moisturize the skin. It is usually applied after cleansing and toning, but before applying a moisturizer. Moisturizing essence is a concentrated liquid that contains active ingredients to address a variety of skin concerns, such as dryness, dullness, and uneven texture.
Acne essence: Acne essence is a skincare product that is formulated to help reduce acne and blemishes on the skin. It is typically applied after cleansing and toning, and before moisturizing. Facial essences are lightweight liquids that are more concentrated with active ingredients than toners, and they are designed to address a variety of skin concerns. Acne essence usually contains ingredients such as salicylic acid, benzoyl peroxide, tea tree oil, and alpha-hydroxy acids. These ingredients work to unclog pores, reduce inflammation, and exfoliate dead skin cells, which can help to improve acne and blemishes on the skin.
By nature: The market is divided into organic and conventional. The conventional segment dominates the market due to its wider availability and often lower price points. Furthermore, a combination of convenience, marketing, price, perceived efficacy, and familiarity are the major factors driving the market demand of the conventional facial essence market. However, as consumers become more conscious of the potential long-term harm that synthetic ingredients can cause, there is a growing trend towards organic and natural products in the facial essence market. Organic and natural facial essences are made from plant-based ingredients and are free from harmful chemicals and synthetic additives.
By distribution channel: it is segmented into hypermarkets/supermarkets, speciality stores, e-commerce, and others. Supermarkets and hypermarkets are important channels for the facial essence market, as they offer a convenient and accessible retail option for consumers looking to purchase these products. These retail channels often carry a wide range of facial essence products from different brands, making it easy for customers to compare and choose the products that best suit their skin type and concerns. The convenience and accessibility of supermarkets and hypermarkets have helped to drive the growth of the facial essence market. However, it is worth noting that the facial essence market is also expanding into other distribution channels, such as e-commerce and speciality stores. E-commerce, in particular, has seen significant growth in recent years, as consumers increasingly turn to e-commerce platforms for their skincare needs. This trend is driven by the convenience and ease of online shopping, as well as the availability of a wider range of products and brands that may not be carried by traditional retail channels.
By region: Asia-Pacific region held a significant market share in the facial essence market. The factors driving this growth include increasing consumer awareness of skincare products, rising disposable incomes, and growing demand for natural and organic products. These trends are particularly strong in countries like China, Japan, and South Korea, which are all major markets for facial essence products. In addition, the adoption of the Western lifestyle and population growth, contribute to the growth of the facial essence market. In addition, the facial essence market is also influenced by various social and cultural trends, such as the popularity of K-beauty and J-beauty in Asia, which has driven the growth of the market in that region. Factors such as climate and environmental conditions, as well as regulatory frameworks and consumer preferences, can also impact the growth of the facial essence market.
Competitive analysis and profiles of the major players in the facial essence market are Alticor, Amore Pacific, Avon product Inc., Beiersdorf, Chanel, Groupe Rocher, Estee Lauder Companies Inc., Kay, Kose Corp, L’Oreal, LVMH, Coty Inc., Mary, Missha, Natura, Oriflame, PIAS, Procter & Gamble, Revlon Inc., and Shiseido.

Facial Essence Market Report Highlights

Aspects Details
By Type
  • Whitening Essence
  • Anti-aging Serum
  • Moisturizing Essence
  • Acne Essence
  • Others
By Nature
  • Organic
  • Conventional
By Distribution Channel
  • Hypermarkets/Supermarkets
  • Specialty Stores
  • E-Commerce
  • Others
By Region
  • North America  (U.S., Canada, Mexico)
  • Europe  (France, Germany, Italy, Spain, UK, Russia, Rest of Europe)
  • Asia-Pacific  (China, Japan, India, South Korea, Australia, Thailand, Malaysia, Indonesia, Rest of Asia-Pacific)
  • LAMEA  (Brazil, South Africa, Saudi Arabia, UAE, Argentina, Rest of LAMEA)
Key Market Players L'Oreal, Estee Lauder Companies Inc., Coty Inc, Avon Products, Inc., Shiseido, Amore Pacific, Missha, chanel, Revlon, Inc., oriflame
 

Loading Table Of Content...


 
 
With collective industry experience of about 200 years of its analysts and experts, Allied Market Research (AMR) encompasses most infallible research methodology for its market intelligence and industry analysis. We do not only engrave the deepest levels of markets but also sneak through its slimmest details for the purpose of our market estimates and forecasts. Our approach helps in building greater market consensus view for size, shape and industry trends within each industry segment. We carefully factor in industry trends and real developments for identifying key growth factors and future course of the market. Our research proceeds are the resultant of high quality data, expert views and analysis and high value independent opinions. Our research process is designed to deliver balanced view of the global markets and allow stakeholders to make informed decisions.

We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:

  • Consistent, valuable, robust and actionable data & analysis that can easily be referenced for strategic business planning
  • Technologically sophisticated and reliable insights through well audited and veracious research methodology
  • Sovereign research proceeds that present a tangible depiction of marketplace


With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.

Secondary research
We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry

  • Patent and regulatory databases for understanding of technical & legal developments
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic new articles, web-casts and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators and relevant press releases for market estimates and forecast


Primary research
Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:

  • Validates and improves the data quality and strengthens research proceeds
  • Further develops analyst team’s market understanding and expertise
  • Supplies authentic information about market size, share, growth and forecasts


Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:

  • Chief executives and VPs of leading corporations specific to industry
  • Product and sales managers or country heads; channel partners and top level distributors; banking, investments and valuation experts Key opinion leaders (KOLs)


Analyst tools and models
AMR has developed set of analyst tools and data models to supplement and expedite the analysis process. Corresponding to markets, where there is significant lack of information and estimates, AMR’s team of experts and analyst develop specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates. These models also allow analysts to examine the prospects and opportunities prevailing in the market to accurately forecast the course of the market.
PURCHASE OPTIONS

Call or Email us

U.S.-Canada Toll-free: +1-800-792-5285
Int'l : +1-503-894-6022
Europe : +44-845-528-1300
Email : help@alliedmarketresearch.com

Looking for Customization?

 Customization Request

Have a Question?

 Speak with Analyst

Any Confusion?

 Inquire Before Buying

Have a glance of the Report

  Enquiry Now

Purchase Full Report of
Facial Essence Market

Start reading.
This Report and over 19,981+ more Reports, Available with Avenue Library. T&C*.

  • Online Only
  • $3,570
  • Online cloud access only
  • Restricted print, copy, paste & download
  • Read only
  • Free industry update
    (Within 180 days)
  • Free report update in next update cycle
  • Data Pack
  • $3,840
  • Restricted to one authorized user
  • One print only
  • Available in
    Excel
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
  • Single User
  • $5,730
  • Restricted to one authorized user
  • One print only
  • Available in
    PDF
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
  • Five Users
  • $6,450
  • Limited to five authorized users
  • Print upto five copies
  • Available in
    PDF
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
  • Enterprise
    License/PDF

  • $9,600
  • Unlimited
    within
    company/enterprise
  • Available in Excel & PDF
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
  • Library
    Membership

  • $999 $ 1,175
    Per User/ Per month/ Billed annually
  • Published Content
    E-access
  • Company Profiles
    E-access
  • Newly Added Content Access
  • 10 PDF
    Downloads
  • 5 Excel Data
    Pack Downloads
  • 250 Company Profiles PDF Downloads
  • Buy Now

*Taxes/Fees, if applicable will be added during checkout. All prices in USD

RELATED REPORTS
 

Why Allied Market Research?

 

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save time of readers

Get fresh content delivered

Get insights on topics that are crucial for your business. Stay abreast of your interest areas.

Get Industry Data Alerts

Why Allied Market Research?

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save time of readers