Body Firming Creams Market to Grow with a CAGR of 6.49% through 2028
Advancements in cosmetic science and formulations and
increasing awareness of wellness and self-care are driving the Global Body
Firming Creams Market in the forecast period 2024-2028.
According to TechSci Research report, “Body Firming
Creams Market – Global Industry Size, Share, Trends, Competition Forecast
& Opportunities, 2028”, the Global Body Firming Creams Market stood at
USD 2.35 billion in 2022 and is anticipated to grow with a CAGR of 6.49% in the
forecast period, 2024-2028. The Global Body Firming Creams Market has been
experiencing robust growth in recent years, driven by a combination of factors
that reflect evolving consumer preferences and increasing awareness about
skincare and wellness. This segment of the cosmetics and personal care industry
focuses on products designed to tighten and tone the skin, catering to
individuals seeking to improve their body contours and achieve a more youthful
appearance.
One of the key drivers behind the market's growth is
the rising emphasis on wellness and self-care. Consumers today are more
health-conscious and understand the importance of maintaining healthy skin as a
part of their overall well-being. Body Firming Creams offer not only cosmetic
benefits but also contribute to skin health by providing hydration and
nourishment. This dual functionality aligns with the growing trend of consumers
seeking multi-purpose products that can address multiple skincare concerns.
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The market is also significantly influenced by the
demographic shift towards an aging population. As individuals age, they
naturally experience a reduction in skin elasticity and firmness, resulting in
sagging skin and wrinkles. This demographic trend has driven demand for Body
Firming Creams, which are positioned as anti-aging solutions. Manufacturers
have responded by developing products enriched with ingredients like collagen,
retinol, and peptides, known for their anti-aging properties.
Advancements in cosmetic science and formulations play
a crucial role in shaping the Body Firming Creams Market. Manufacturers continually
research and develop innovative formulas that offer better results and target
specific skin concerns. This innovation includes the use of advanced
ingredients, such as hyaluronic acid, ceramides, and botanical extracts, which
provide superior skin-firming effects. Additionally, the integration of
nanotechnology has enabled better absorption of active ingredients into the
skin, enhancing the efficacy of Body Firming Creams.
Marketing and promotion strategies also contribute
significantly to the market's growth. Beauty brands invest heavily in
advertising, influencer partnerships, and social media engagement to create
awareness and desire for their products. The use of online platforms, such as
Instagram and TikTok, has been instrumental in showcasing user-generated
content, reviews, and before-and-after results. Influencers and beauty experts
share their experiences with Body Firming Creams, which not only generates
excitement but also influences purchasing decisions. Effective branding and
endorsements by celebrities and dermatologists further boost consumer
confidence in these products.
The distribution landscape of the Body Firming Creams
Market has seen a significant transformation due to the rise of e-commerce and
direct-to-consumer (DTC) channels. Consumers now have easy access to a wide
range of products through online platforms, eliminating the need for physical
stores. This convenience has led to a surge in online sales of Body Firming
Creams. Many brands have also established their own e-commerce platforms,
allowing them to interact directly with consumers, gather valuable data, and
tailor marketing efforts. DTC sales provide cost-effective distribution,
enabling brands to optimize their supply chains and adapt to changing consumer
preferences quickly.
In conclusion, the Global Body Firming Creams Market
is experiencing substantial growth driven by factors such as the emphasis on
wellness, the aging population's demand for anti-aging solutions, advancements
in cosmetic science, effective marketing strategies, and the expansion of
e-commerce and DTC channels. As consumer awareness and preferences continue to
evolve, this market is poised for further expansion, with innovation and
digital platforms playing a central role in its development.
The Global Body Firming Creams Market is segmented
into product, distribution channel, regional distribution, and company.
Based on product the market is segmented into plant
extract and non-plant extract. The Global Body Firming Creams Market is
witnessing a notable increase in the demand for products enriched with plant
extracts. This surge in popularity is attributed to consumers' growing
preference for natural and botanical ingredients in skincare. Plant extracts,
like green tea, aloe vera, and chamomile, are prized for their soothing,
hydrating, and antioxidant properties, making them appealing components in body
firming creams. As consumers prioritize clean and sustainable beauty,
manufacturers are responding by formulating products that prominently feature
these natural extracts, aligning with eco-conscious and holistic skincare
trends.
Based on distribution channel the market
is segmented into offline and online.
Based on region the market is segmented
into five regions, North America, Europe, Asia Pacific, Middle East & Africa,
and South America.
Major companies operating in
Global Body Firming Creams Market are:
- L'Oréal S.A.
- Clarins Groups
- Beiersdorf AG
- Johnson & Johnson
- ET Browne Drug Co. Inc.
- Sol de Janeiro
- The Procter & Gamble Company
- Kao Corporation
- The Estée Lauder Companies Inc.
- Shiseido Company, Limited\
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“Availability of clean and sustainable formulations is
a significant trend that is expected to have an impact on growth over the
forecasted period. Growing health awareness, advancements in cosmetic science, and
product development and innovation will positively impact the Global Body
Firming Creams Market. Due to the wide range of products available to meet
specific needs of, as well as the growing popularity of the online distribution
channel, the market is growing at impressive rate through projected period,”
said Mr. Karan Chechi, Research Director with TechSci Research, a
research-based management consulting firm.
“Body Firming Creams Market – Global Industry Size, Share, Trends
Opportunity, and Forecast, By Product (Plant
Extract, Non-plant Extract), By Distribution Channel (Offline, Online), By Region,
By Competition Forecast & Opportunities, 2018-2028F”, has evaluated
the future growth potential of Global Body Firming Creams Market and provides
statistics & information on market size, structure, and future market
growth. The report intends to provide cutting-edge market intelligence and help
decision makers take sound investment decisions. Besides, the report also
identifies and analyzes the emerging trends along with essential drivers,
challenges, and opportunities in Global Body Firming Creams Market.
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