Pune, India -- (SBWire) -- 10/15/2018 --Global Medicated personal care products market has been segmented on the basis of types which consist of Antiperspirant, Deodorant, Oral Care, Body Powders, Hand Sanitizers, Feminine Care and others. On the basis of beauty which includes oils, shampoos, moisturizers, gels, oils, soaps and others.
Global Medicated Personal Care Products Market - Overview
Various medical companies are working hard to mollify the rising demand for ingredients and medicines that go into personal care products for the skin, hair, oral care, and various other applications. As a large, rapidly growing and increasingly diversified market, product components denote special challenges for medical manufacturing companies. Growing consumer incomes and changing lifestyles influence the global Medicated personal care products industry. Furthermore, the market is driven by an increasing middle class in the East, and growing elderly population in the West, and new opportunities such as halal beauty, men's grooming, and bio-based skin care.
The market is forecasted to demonstrate a double growth by 2017. The Global Medicated personal care products market is expected to grow at a CAGR of 20.30% during assessment period of 2017-2027.
Moreover, adding to the growth of the market, better standard of living along with growing disposable income of the working middle-class population in developing countries of Asia-Pacific including China, India, and Malaysia is expected to influence the growth of this market. Rising on-going R&D with technological breakthroughs in the area of processing and cost-effective products were major factors responsible for expanding industry growth over the past decade and the upcoming trend will continue further in the coming years.
Key Players for Global Medicated Personal Care Products Market
Personal Care (US) , TWASA (India), KPH Cosmos Pvt. Ltd (India), Edana, Johnson & Johnson (US), L'Oreal (Paris), DCC Health and Beauty Solutions LTD (UK). are some of the prominent players at the forefront of competition in the Global Medicated personal care products Market and are profiled in MRFR Analysis.
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Global Medicated personal care products Market - Competitive Analysis
Characterized by the presence of several well-established and small players, the global market of Medicated personal care products appears to be highly competitive and fragmented. With well-established market in the Americas region major companies have their home in the region and generate maximum market share. These companies have expanded their operating unit in various other emerging regions as well. Moreover the other small and medium scale players are generating revenue from local market.
Regional Analysis for Global Medicated Personal Care Products Market
Global Medicated personal care products market is segmented on the basis of geographies or regions which mainly includes Americas, Europe, Asia Pacific, and Middle East & Africa. Americas is dominating the global market for Medicated personal care products with more than 40% share of the total market in 2016.
Asia-Pacific is expected to be the fastest growing market in coming future. The nations in the Asia represent to a portion of the biggest and high potential markets for export growth for the U.S. Individual Care and Cosmetics businesses. Containing more than 20% of U.S. worldwide exports in the sector, the Asian nations offer the business more than 3 billion potential consumers in the fastest growing global markets.
The Middle East & Africa holds the least share of the global market due to limited availability of biotechnology facilities. The UAE, Saudi Arabia, and Kuwait are expected to drive the Middle East & African market. Whereas, the African region is expected to witness a moderate growth.
Some Brief Table of Contents of Report
Chapter 1. Report Prologue
Chapter 2. Market Introduction
2.1 Definition
2.2 Scope Of The Study
2.2.1 Research Objective
2.2.2 Assumptions
2.2.3 Limitations
Chapter 3. Research Methodology
3.1 Introduction
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
Chapter 4. Market Dynamics
4.1 Drivers
TOC Continued…
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Medicated Personal Care Products Market Experiencing Hefty Growth with 20.30% CAGR Till 2027
Medicated Personal Care Products Market report explores Scope of the Study as Research Objective, Assumptions and Limitations in-depth. The report gives Market Dynamics by Drivers, Restraints, Opportunities, Challenges, Macroeconomic Indicators and Technology Trends & Assessment.