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Global Cosmeceuticals Market to reach $31.84 billion by 2016, Skin Care and Hair Care Key Growth Segments
Date:4/9/2013

FARMINGTON, Conn., April 9, 2013 /PRNewswire-iReach/ -- Expanding at a rapid compound annual growth rate of 7.7 percent between 2012 and 2016, the global cosmeceuticals market should reach $31.84 billion by 2016. Cosmeceuticals – cosmetic products with drug-like benefits – has become the fastest growing segment of the Cosmetics and Personal Care Industry. The global cosmeceutical market offers huge potential among the Asian countries, such as Japan, China, and India, which are set to attract major players in future. Though the market is at nascent stage in the developing countries, such as India and China, there remains a large untapped population, with the desire to look young and fair. Japan has already made a niche mark in the global cosmetics market and its position in the cosmeceutical segment is effectively improving.

"Global Cosmeceuticals Market Outlook 2016" provides an in-depth analysis in all the major segments and their sub-segments with key developments at the global level.

The report finds that within the skin care and hair care, major segments in the global cosmeceuticals market, tooth whitening and lip protection are emerging as key segments for significant growth. New ingredients, such as stem cell and peptides for skincare-based cosmetics, are anticipated to alter the market landscape in the near future.

More information about this report and a free sample are available at http://www.giiresearch.com/report/rnc263147-global-cosmeceuticals-market-outlook.html

Cosmeceuticals Market to 2018

Technological Advances and Consumer Awareness Boost Commerci
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