Body Firming Creams Market

Body firming cream contains numerous ingredient which helps in reducing aging signs such as fine lines and wrinkles. These creams are loaded with antioxidants and skin-restoring ingredients which gives the skin a firmer look. The body firming creams are often used by people to develop a uniform skin colour, minimize the occurrence of aging signs, and to provide hydration and nourishment to the skin at the same time.

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The key factors fuelling the growth of the Global Body Firming Creams Market include the growing consciousness regarding the visual appearance among millennials coupled with the increasing disposable income of the consumers across the globe. The rising emphasis of consumers on purchasing skincare products and the adoption of healthy lifestyle is encouraging them to increase their spending on anti-aging products. In addition to this, the rapid increase in the population rate will drastically increase the demand for body firming creams at the global level.

The growing concerns regarding the harmful effects of the ingredients used in synthetic creams are motivating the consumers to opt for organic firming creams with natural ingredients. Various multinational giants are mainly focusing on product development to capture the changing demand of the consumers. For instance, a large number of manufacturers are offering a wide variety of products with organic ingredients such as coconut oil, avocado oil, jojoba, and aloe vera to gain a competitive advantage over other key players. This continuous innovation in the product portfolio will attract new customers to the market in the coming years. On the other hand, the complex regulations related to beauty care products and rising trade tariffs are likely to hamper the growth of the market.

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Based on the product type, the non-plant extracted body firming creams are expected to grow at a higher CAGR over the forecast period owing to the increasing usage of these firming creams driven by the growing awareness about the allergies, skin irritations, and other side effects caused by synthetic products. Moreover, easy availability and less cost of these creams as compared to the naturally derived firming creams will further propel the demand for non-plant extracted body firming creams over the coming years. The Plant extract product segment is projected to grow at a high CAGR during the forecast period due to the increasing concerns about the harmful effects of regular body firming creams. Moreover, the manufacturers are shifting towards plant extracts such as shea butter, green tea, jojoba, seaweed, and other plants extract to retain their target consumer and attract new consumers at the same time.

Based on the distribution channel, the Hypermarkets and specialized stores are projected to grow at a higher CAGR over the forecast period owing to the easy availability of a wide range of brands under one roof. These stores offer detailed information about the product which helps the consumers to compare different products. The online segment is expected to grow at a high CAGR during the forecast period due to the rising penetration of smartphones and internet across the globe. Moreover, the e-stores provide a hassle-free shopping experience and are 24*7 open. The manufacturers around the world are emphasizing on expanding their footprint to the online world to capture the growing demand of the consumers.

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Based on region, the North America region is anticipated to lead the market over the forecast period owing to the increasing aging population along with the growing demand for anti-aging products in this region. Moreover, increasing emphasis on natural and organic body care products will increase the demand for body firming creams in this region. The Asia-Pacific region is projected to grow at a higher CAGR over the forecast period due to the rising purchasing power of consumers and the increasing demand for personal care products in China, Japan, India and South Korea. In addition to this, increasing population rate of upper and middle-class people, coupled with the rising disposable income of individuals, will boost the demand for body firming creams in the Asia-Pacific region.

Various notable players operating in the market include L’Oréal S.A., Beiersdorf AG, Clarins Group, Johnson & Johnson, ET Browne Drug Co. Inc., Sol de Janeiro, The Procter & Gamble Company, Kao Corporation, Shiseido Company, Limited, The Estée Lauder Companies Inc., among others.

The Global Body Firming Creams Market has been segmented on the basis of product type, distribution channel, and key regions. Based on product type, the market is categorized into plant extract and non-plant extract. Based on the distribution channel, the market is segmented into Online, Hypermarkets, Specialized Stores, and Others.

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Key questions answered in this research report:

• • At what pace is Global Body Firming Creams Market growing? What will be the growth trend in the future?
  • What are the key drivers and restraints in Global Body Firming Creams Market? What will be the impact of drivers and restraints in the future?
  • What are the regional revenues and forecast breakdowns? Which are the major regional revenue pockets for growth in the Global Body Firming Creams Market?
  • What are the various distribution channel areas of Global Body Firming Creams Market and how they are poised to grow?
  • Which product generated maximum revenues in 2019 and identify the most promising products during the forecast period?
  • What companies are the major participants in this market and their business strategies, how does the competitive landscape look like?

Market Segmentation

Global Body Firming Creams Market by Product Type

• • Plant Extract
  • Non-plant Extract

Global Body Firming Creams Market by Distribution Channel

• • Online
  • Hypermarkets
  • Specialized Stores
  • Others

Global Body Firming Creams Market by Region

• • North America Body Firming Creams Market
    Option 1: As a part of the free 25% customization
    • North America Body Firming Creams Market by Product Type
    • North America Body Firming Creams Market by Distribution Channel
    • United States of America (US) Body Firming Creams Market All-Up
    • Canada Body Firming Creams Market All-Up
  • Europe Body Firming Creams Market
    Option 2: As a part of the free 25% customization
    • Europe Body Firming Creams Market by Product Type
    • Europe Body Firming Creams Market by Distribution Channel
    • United Kingdom (UK) Body Firming Creams Market All-Up
    • Germany All-Up Body Firming Creams Market All-Up
    • France Body Firming Creams Market All-Up
    • Spain Body Firming Creams Market All-Up
    • Rest of Europe Body Firming Creams Market All-Up
  • Asia-Pacific Body Firming Creams Market
    Option 3: As a part of the free 25% customization
    • Asia-Pacific Body Firming Creams Market by Product Type
    • Asia-Pacific Body Firming Creams Market by Distribution Channel
    • China Body Firming Creams Market All-Up
    • India Body Firming Creams Market All-Up
    • Japan Body Firming Creams Market All-Up
    • Rest of APAC Body Firming Creams Market All-Up
  • ROW Body Firming Creams Market
    Option 4: As a part of the free 25% customization
    • RoW Body Firming Creams Market by Product Type
    • RoW Body Firming Creams Market by Distribution Channel
    • Brazil Body Firming Creams Market All-Up
    • South Africa Body Firming Creams Market All-Up
    • Saudi Arabia Body Firming Creams Market All-Up
    • UAE Body Firming Creams Market All-Up
    • Rest of world (remaining countries of the LAMEA region) Body Firming Creams Market All-Up

Leading market players (Option 5: As a part of the Free 25% Customization – Profiles of 5 Additional Companies of your Choice)

• • L’Oréal S.A.
  • Beiersdorf AG
  • Clarins Group
  • Johnson & Johnson
  • ET Browne Drug Co. Inc.
  • Sol de Janeiro
  • The Procter & Gamble Company
  • Kao Corporation
  • Shiseido Company, Limited
  • The Estée Lauder Companies Inc.