North America Skin Lightening Products Market Size, Share & Industry Trends Analysis Report By Product (Creams, Cleanser, Mask, and Others), By Nature (Synthetic, Natural, and Organic), By Country and Growth Forecast, 2022 - 2028
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Market Report Description
The North America Skin Lightening Products Market would witness market growth of 5.1% CAGR during the forecast period (2022-2028).
Companies are always researching to develop skin-lightening creams that use new technologies to improve the product's efficiency. Shea butter for intensive moisturizing; adenosine to minimize visible symptoms of anti-aging; argan oil, olive oil, and vitamin tree oil to enhance skin vitality; rose water for soothing and hydrating; natural ceramide; and peptides to restore the texture are all included in each microcapsule.
Acne scars are just blemishing from acne that have penetrated the skin tissue. These scars, which resemble convex craters, can be hyperpigmented or uniformly pigmented, making them less visible. Untreated acne, skin tissue damage from scratching or bursting blisters, and excessive oil output can all result in acne scars. Loose, dull skin is common in the face and neck area, although loose skin can develop anywhere on the body. Natural factors such as pregnancy, weight loss, UV exposure, and aging can cause the skin to sag or loosen.
In the United States, more than 10,000 people turn 65 every day, and people live longer healthier lives. Healthy lives, retirement planning, and understanding healthcare coverage and long-term care options are more vital than ever. Because of the prevalence of different organic certification programmer for the cosmetics and beauty industry in the region (the National Organic Program (NOP) by the United States Department of Agriculture (USDA) and the NSF/ANSI 305), the population of the North American region has been very fond of cosmetics and skincare products, and popular in terms of organic makeup remover products.
Organic components in skincare products are certified by NSF International, which provides ingredient clarification such as 95 % confidence organic ingredients, 70 percent organic ingredients, and 100 percent organic ingredients. Cosmetic products are widely used in the region, especially by working women. According to the US Labor statistics, 57.1 percent of American women are predicted to work in 2018. Furthermore, due to the high preference rate for natural-based items in this region, manufacturers are rapidly creating natural-based makeup remover, which contributes to regional market growth.
The US market dominated the North America Skin Lightening Products Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $2,121.2 Million by 2028. The Canada market is anticipated to grow at a CAGR of 7.5% during (2022 - 2028). Additionally, The Mexico market would showcase a CAGR of 6.5% during (2022 - 2028).
Based on Product, the market is segmented into Creams, Cleanser, Mask, and Others. Based on Nature, the market is segmented into Synthetic, Natural, and Organic. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include L'Oreal Group, The Procter and Gamble Company, Unilever PLC, Shiseido Company, Limited, Beiersdorf AG, The Himalaya Wellness Company (Himalaya Global Holdings Ltd.), Kao Corporation (Kanebo Cosmetics, Inc.), Vlcc Health Care Limited, Avon Products, Inc., and Dabur India Ltd.
Scope of the Study
Market Segments Covered in the Report:
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- L'Oreal Group
- The Procter and Gamble Company
- Unilever PLC
- Shiseido Company, Limited
- Beiersdorf AG
- The Himalaya Wellness Company (Himalaya Global Holdings Ltd.)
- Kao Corporation (Kanebo Cosmetics, Inc.)
- Vlcc Health Care Limited
- Avon Products, Inc.
- Dabur India Ltd.
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