Global Asia Pacific Facial Care Market Is Anticipated To Witness Significant Growth Due To Increasing Awareness Regarding Skin Care Routine and Growing Product Branding

 

Asia Pacific Facial Care Market

Overview:

Facials are an essential part of a skincare routine. The skin needs to be detoxified regularly to maintain its health and glow. Without detoxification, the skin can get dull and flaky, which can lead to acne problems. Detoxification of the skin is achieved by most facials as they contain ingredients which are rich in antioxidants. This process improves blood circulation which in turn gives an even skin tone to the face. Increased cell regeneration is another benefit of regular face massages and facials. This helps to redevelop collagen under the skin and make it look young. Tightening of the skin is one of the main benefits of facials as it stimulates the production of collagen which in turn tightens the skin and reduces the appearance of fine lines and wrinkles. This is achieved by using products like peels, face packs, creams and lotions enriched with botanical extracts.

Market Dynamics:

Growing collaborations among key players are estimated to augment growth of the global Asia Pacific facial care market over the forecast period. For instance, omnichannel concept store was launched by L'Oréal Paris in collaboration with AKQA in Shanghai, in May 2021. This store offers a personalized experience to their visitors and forms a better relationship with them. Moreover, increasing side effects of synthetic chemicals and ingredients are anticipated to restrain growth of the global Asia Pacific facial care market over the forecast period.

Impact of COVID-19:

 

The pandemic impacted almost all industries. Manufacturing activities in several industries like automobile, electronics were shut down owing to strict government restrictions. These restrictions were imposed so as to avoid further transmission of the virus. The pandemic restrained the growth of the global Asia Pacific facial care market, owing to these restrictions. As many retail stores were shut downs due to lockdowns and manufacturing activities were also halted. There was a decrease in demand for facial care products. However, in the post-pandemic era the market is estimated to witness growth as several restrictions have been eased.

 

Key Takeaways:

 

The global Asia Pacific facial care market is expected to witness high growth, exhibiting CAGR of 7.2 % over the forecast period, due to rising product launches. For instance, SIDEKICK, a new skincare brand was launched by the Shiseido Group in June 2022. The brand is offering a sheet mask, face washes and moisturizer.

Asia Pacific is anticipated to witness significant growth in the global Asia Pacific facial care market over the forecast period, owing to growing demand for self-care products and increasing engagement in self-care routines.

Major players operating in the global Asia Pacific facial care market are The Body Shop International Limited, Unilever, Revlon, Inc., L'Oreal S.A., AVON PRODUCTS, Shiseido Company,  Amorepacific, Coty Inc., The Estée Lauder Companies, Johnson & Johnson Services, Inc., Procter & Gamble, Beiersdorf AG, Kao Corporation, Oriflame Cosmetics Global SA, and Colgate-Palmolive Company.