Skin Lightening Products Market Segment Poised for Growth

A new 10-year analysis of the global skin lightening products market is available from Future Market Insights.

Titled “Skin Lightening Products Market: Global Industry Analysis 2012-2016 and Opportunity Assessment 2017-2027,” the analysis shows that the general skincare products category continues to experience significant growth as customers are becoming aware and are willing to spend more on skincare products. Within that market, the global skin lightening products category is witnessing a surges with the increasing concern among people regarding their appearance. Yet, the market may face limitations due to the lack of documented evidence showing the clinical efficacy of skin lightening products. The report predicts the global skin lightening products market to reach a valuation of more than US$24 Billion by the close of 2017, growing at a CAGR of 6.1 percent during the forecast period.

Here are some featured insights from the report:
• The Asia/Pacific, excluding Japan, region (APEJ) is the most lucrative regional market for skin lightening products. Yet, the analysis also indicates that the skin lightening products market in Japan is emerging as a lucrative segment with the highest growth rate during the forecast period.
• Lotions and creams dominate the market, yet the serum and toner segment is expected to register the highest growth rate of 6.8 percent during the forecast period.
• On the basis of end use, unsurprisingly, the women segment has a much higher market share.
• By nature, the synthetic segment is expected to lead the market with a higher market share and will likely reach a market valuation of more than US$ 10 billion by 2027. However, the natural/herbal segment is expected to grow at a higher rate than other segments

Visit futuremarketinsights.com for more information.