Personal Care Market Analysis Statistics 2020 by Key Driving Factor, Dazzling Growth, Vital Players, Regions

26/mar/2020 04:49:29 Market Research Future Contatta l'autore

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Medicated personal care products are an offshoot of the global personal care products industry and are likely to become increasingly popular over the coming years. Medicated personal care products contain medications that help protect the skin and hair from various disorders. This makes them more functional than normal personal care products, which don’t contain active medications. Medicated personal care products are becoming increasingly popular in the global personal care industry due to their multifunctionality and benefits.

 The global Personal Care Market likely to grow at a promising rate over the forecast period till 2027, according to Market Research Future (MRFR). The latest research report from Market Research Future (MRFR) examines the global medicated personal care products market from top to bottom, providing a comprehensive overview of the market’s leading drivers and restraints and how they are likely to affect the market going forth. The economic background of the global medicated personal care products market is also explained in detail in the report, providing context for the analysis regarding the major drivers and restraints affecting the global market. Leading players operating in the global medicated personal care products market are also profiled in the report.

The growing personal care products industry is likely to be a major driver for the global medicated personal care products market over the forecast period. Personal care products have become widely popular with urban consumers in the last few years, as they help users maintain an attractive appearance. The growing problem of pollution in urban areas around the world has also led to a growing demand from the personal care products market, as personal care products help users protect their skin and hair from toxic air pollutants. Medicated personal care products go further along the line and protect the skin and hair from toxic pollutants to a greater degree than normal personal care products. This is likely to drive the demand from the medicated personal care products market over the forecast period.

Segmentation:

The global medicated personal care products market is segmented on the basis of type, beauty care, and region.

The global medicated personal care products market is segmented on the basis of type into antiperspirants, deodorants, oral care, hand sanitizer, natural personal care products, and others.

By beauty care, the global medicated personal care products market is segmented into oils, shampoos, moisturizers, gels, soaps, and others.

Regional Analysis:

North America is the leading regional market for medicated personal care products. The presence of several leading players in the medicated personal care products market in North America has helped the regional market accrue a strong share in the global medicated personal care products market over the past few years. Medicated personal care products were first developed in North America and the region still accounts for a major share in the production and distribution of medicated personal care products. This leads to the region holding a strong share in the global medicated personal care products market. The growing pollution problem in major American cities and the growing awareness about medicated personal care products among the general populace is a major driver for the North America medicated personal care products market.

Europe is also a leading regional market for medicated personal care products and is likely to account for a sizeable share in the global market over the forecast period.

However, Asia Pacific is likely to be the hub of the action in the global medicated personal care products market over the forecast period, as the growing pollution in urban areas in Asia Pacific and the rising disposable income of consumers in the region are likely to lead to steady growth in the medicated personal care products market in the region over the forecast period.

Read full report @ https://www.marketresearchfuture.com/reports/medicated-personal-care-products-market-1008

Competitive Analysis: 

Leading players in the global medicated personal care products market include DCC Health and Beauty Solutions Ltd., L’Oreal, Johnson & Johnson, Edana, KPH Cosmos Pvt. Ltd., TWASA, and Personal Care.

In December 2019, Scott’s Liquid Gold announced the sale of its personal care product manufacturing facility in Denver, Colorado to Elevation Labs Colorado.

In July 2019, the European Commission approved the sale of Pfizer’s consumer health business to GSK.

 

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