Thursday, December 22, 2016

Anti-aging beauty oil is seeing the fastest growth. Check this News for 2017!

Oil and Clay/Mud are Growing Textures in Prestige Skincare, a Trend Happening Across Cities and Continents.

The global skincare market shows no signs of slowing down. According to GCI, globally the category is projected to reach $121 billion in 2016, with the US market estimated to reach $11 billion by 2018. Facial oil has become one of the hyper-niche categories driving the category.

  • Technavio says steady growth is expected for the global face oil market posting a moderate CARG of 6% between 2016 and 2020.
  • According to NPD, oil is most prominent as a facial skincare moisturizer, though facial cleansers are seeing the biggest lift.
  • Anti-aging beauty oil is seeing the fastest growth with the consumer demographic of 60+ years being a key segment for anti-aging oils.

Segment Breakdown in 2015:

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