The global anti-acne cosmetics market is estimated to grow at a CAGR of nearly 8.0% during the forecast period. The major factors contributing to the growth of the market include the growth in the cosmetics industry and increasing preference towards organic and natural skincare products. There is an increasing demand for cosmetic products owing to the rising disposable income and increasing consumer awareness regarding major cosmetic brands. As per the International Trade Administration (ITA), South Korea is the 8th largest cosmetics market across the globe, which represents approximately 3.0% of the global market. In 2017, South Korea cosmetics market was stood at nearly $8.8 billion and the total exports and total local production increased by nearly 18.3% and 3.6%, respectively from 2016.
Request a Free Sample of our Global Anti-Acne Cosmetics Market: https://www.omrglobal.com/request-sample/anti-acne-cosmetics-market
Online distribution channels are becoming popular among South Korean consumers to buy cosmetic products. The country has a considerable smartphone ownership rate/ broadband penetration rate and the fastest average internet speed. Sales through mobile shopping have increased considerably in the recent period. As per the Korean National Statistical Office, online shopping market transactions increased 19.2% year-on-year to $68 million in 2017. Among these, mobile shopping transactions valued $42 billion, increased 35% from 2016, accounting for 61% of total online shopping.
A full Report of Global Anti-Acne Cosmetics Market is Available at: https://www.omrglobal.com/industry-reports/anti-acne-cosmetics-market
Anti-acne creams and cleanser have been gaining significance in the cosmetics segment which aims to prevent and treat acne scarring. As per the University Of California, Berkeley, acne primarily affects teens; over 85% experience at least a mild form of such condition. It normally occurs on the face, shoulders, neck, chest, and back. This encourages the demand for anti-acne treatment and thereby leads to the adoption of anti-acne creams, lotions, and toners.
Global Anti-Acne Cosmetics Market Segmentation
By Product
- Creams and Lotions
- Cleanser and Toner
- Mask
- Others
By End-User
- Women
- Men
By Distribution Channel
- Online
- Offline
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
