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The skincare products market will witness a positive impact during the forecast period owing to the widespread growth of the COVID-19 pandemic. As per Technavio's pandemic-focused market research, market growth increased in 2021 as compared to 2020.
With the continuing spread of the novel coronavirus pandemic, organizations across the globe are gradually flattening their recessionary curve by leveraging technology. Many businesses will go through response, recovery, and renewal phases. Building business resilience and enabling agility will aid organizations to move forward in their journey out of the COVID-19 crisis towards the Next Normal.
This post-pandemic business planning research will aid clients to:
- Adjust their strategic planning to move ahead once business stability kicks in.
- Build Resilience by making effective resource and investment choices for individual business units, products, and service lines.
- Conceptualize scenario-based planning to mitigate future crisis situations.
Download the Post-Pandemic Business Planning Structure
Key Considerations for Market Forecast:
- Impact of lockdowns, supply chain disruptions, demand destruction, and change in customer behavior
- Optimistic, probable, and pessimistic scenarios for all markets as the impact of pandemic unfolds
- Pre- as well as post-COVID-19 market estimates
- Quarterly impact analysis and updates on market estimates
Related Report on Consumer Staples Include:
Global Organic Skincare Products Market - Global organic skincare products market is segmented by product (facial care, body care, and others), region (APAC, Europe, MEA, North America, and South America). Get an Exclusive Free Sample Report
Global Men's Skincare Products Market - Global men's skincare products market is segmented by distribution channel (offline and online), product (face skincare products and body skincare products), and geography (APAC, Europe, MEA, North America, and South America). Get an Exclusive Free Sample Report
Major Three Skincare Products Market Participants:
Beiersdorf AG
Beiersdorf AG operates its business through segments such as Consumer and Tesa. The company offers a wide range of professional skincare under different brands that include La Prairie, Eucerin, and NIVEA.
CHANEL Ltd.
CHANEL Ltd. operates its business through segments such as Haute couture, Fashion, Fine Jewelry, Watches, and Others. Key products offered by the company include Hydra Beauty Micro Serum and Le Lift Creme.
Groupe Clarins
Groupe Clarins operates its business through segments such as Clarins and My Blend. The company offers various skincare products such as serums, face moisturizers, and creams under the brand name Clarins.
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extract FREE! Get report snapshot here to get a detailed market share analysis of market participants during COVID-19 lockdown: https://www.technavio.com/report/skincare-products-market-industry-analysis
Skincare Products Market 2021-2025: Segmentation
Skincare products market is segmented as below:
- Product
- Face Skincare Products
- Body Skincare Products
- Distribution Channel
- Geographic
- APAC
- Europe
- North America
- South America
- MEA
The skincare products market is driven by the growing adoption of home salon and spa services. In addition, other factors such as rising demand for multifunctional skincare products are expected to trigger the skincare products market toward witnessing a CAGR of about 6% during the forecast period.
Get more insights about the global trends impacting the future of the skincare products market, Request Free Sample @ https://www.technavio.com/talk-to-us?report=IRTNTR41014
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