The global BB cream market size
is expected to reach USD 5.41 billion by 2025, according to a new report by
Grand View Research, Inc. It is projected to expand at a CAGR of 14.4% during
the forecast period. The market is expected to witness significant growth owing
to the rising popularity of multifunctional products among young men and women.
The BB cream, also called as beauty balm or blemish balm, is a combination of
moisturizer, sunscreen, foundation, and primer, as well as works as anti-aging
serum.
BB cream has maintained strong position in
the global skin care market. Increasing disposable income coupled with
awareness regarding skin health among men and women has increase demand for
innovative and quality products such as BB cream. Moreover, growing demand for
natural and organic products in developed countries is projected to fuel the
product demand over the forecast period.
Blemish balm or beauty product is also
called as all-in-one product, as it provides protection form UV radiation, as
well as hydration and anti-aging effect. Popularity of beauty cream has spread
in Asia, especially in Korea, China, and Japan. Along with various benefits,
the fact that it helps reduce the time require for make-up has attracted many
young consumers. Followed by Asia, popularity of BB cream has spread in the
western world. Since 2012, blemish balm has witnessed substantial growth in
developed countries and has maintained its prominent position in the beauty and
personal care market in U.S.
Access
Research Report of BB Cream Market@ https://www.grandviewresearch.com/industry-analysis/bb-cream-market
Further key findings from the report suggest:
· In terms of revenue, tube/bottle segment is
projected to ascend at a CAGR of 14.5% over the forecast period
· Offline segment led the global market with
an overall revenue share of over 91.2% in 2018
· Air cushion segment was valued at USD 55.9
million in 2018, is projected to exhibit a significant growth in the next few
years
· Asia Pacific led the global BB cream market
in 2018, with 40% of the revenue share and is projected to continue witnessing
similar growth over the next few years
· The market is highly competitive in nature
with the main players such as L'Oréal S.A.; Unilever; The Estee Lauder
Companies Inc.; Shiseido Company, Limited; Christian Dior SE; Missha US Inc.;
Avon Products, Inc.; L'Occitane; AMOREPACIFIC CORPORATION; and ETUDE HOUSE,
Inc. The manufacturers concentrate on new product launches and product
innovation to increase the consumer base.
Grand View Research has segmented the
global BB cream market on the basis of packaging, distribution channel, and
region:
BB Cream Packaging Outlook (Revenue, USD
Million, 2015 - 2025)
·
Tube / Bottle
·
Air Cushion
BB Cream Distribution Channel Outlook
(Revenue, USD Million, 2015 - 2025)
·
Offline
·
Online
BB Cream Regional Outlook (Revenue, USD
Million, 2015 - 2025)
·
North America
o
U.S.
·
Europe
o
Germany
o
U.K.
·
Asia Pacific
o
China
o
India
·
Rest of the World
About
Grand View Research
Grand
View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco.
The company provides syndicated research
reports, customized research reports, and consulting services. To help
clients make informed business
decisions, we offer market intelligence studies ensuring relevant and
fact-based research across a range of industries, from technology to chemicals,
materials and healthcare.
