23 May 2019, The global freckle
cosmetics market is likely to grow at a significant CAGR during the
forecast period. Freckle cosmetics are gaining significant attention in the
past few years thanks to the rise of glamour and fashion industry. The market
has been witnessing a rising curve mainly due to shift in consumer preference
for advanced skin whitening products.
The raw material used in the making of skin whitening products are
prepared under dermatologist supervision with more cosmetic formulas. Active
agents that alleviate the skin tone are synthetic or natural substances and may
contain various levels of melanogenesis. In order to treat various skin
pigmentation disorders, a skin whitening agent or freckle cosmetic is highly
preferred.
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Freckle cosmetics market is driven by rising public
interest in skin whitening and enhancement. In addition, consumer demands for
skin whitening cosmetics stimulate the market growth. On the other hand, use of
organic ingredients in preparation of nutritional cosmetics is gaining a higher
traction.
Freckle cosmetics industry is segmented by product as
cream and facial mask. Facial mask products are likely to enjoy a significant
market share due to enlarged demands. By distribution channel, the market
segmentation comprises hypermarket & supermarket, speciality stores,
online-cell and convenience stores.
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| Freckle Cosmetics Market |
Geographical segmentation for the market spans North
America, South America, Europe, Asia-Pacific, Middle East and Africa. North
America and Europe market account for a higher market share during the forecast
period due to the rise in demand for nutrition cosmetics. In addition, use of
functional dietary ingredients in cosmetic products contributes to the market
growth.
Asia-Pacific’s market is more likely to encounter a
higher CAGR during the forecast period due to enlarged demand by consumers for
skin whitening products. Moreover, the market witnesses product innovation on
an industry level mainly responsible for attracting investors for funding. The
key players profiled in the freckle cosmetics market report are EsteeLauder,
Lancome, L’Oreal, SK-II, OLAY, INOHERB, Clinique, Vichy, INOHERB and Ponds.
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