New York, United States , Sept. 09, 2024 (GLOBE NEWSWIRE) -- The Global Anti-Fatigue Cosmetics Market Size is Expected to Grow from USD 17.8 Billion in 2023 to USD 28 Billion by 2033, at a CAGR of 4.63% during the forecast period 2023-2033.
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While fatigue refers to being tired or lacking energy, anti-fatigue refers to that which is done to avoid or reduce the effects of fatigue, meaning the same as tiredness. Added to this is an increase in the level of stress, alteration in lifestyle, bad eating habits, and rapid urbanization that comes along with excess pollution, all generating even greater demand for the product. Anti-fatigue cosmetics have been very successful, with the increasing trend of awareness and demand by consumers for self-care and rejuvenation from an aging population, stressful lifestyles, new formulations in cosmetics, social media, and beauty trends that have fostered an increasing focus on holistic well-being. One of the major barriers for the anti-fatigue cosmetics market could be the high cost of research and development that characterizes the creation of novel and effective anti-fatigue solutions, which might further raise the cost and limit accessibility to specific customers. Another challenge in this regard would be that standards and requirements for product approvals differ across regions, so the regulatory environment that surrounds cosmetic products might provide a challenge for manufacturers looking to expand globally.
Browse key industry insights spread across 212 pages with 110 Market data tables and figures & charts from the report on the "Global Anti-Fatigue Cosmetics Market Size, Share, and COVID-19 Impact Analysis, By Product (Cream, Oil, Lotion, Serum, Gel, and Others), By End User (Women, and Men), By Distribution Channel (Offline, and Online), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033."
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The cream segment is predicted to hold the largest market share through the forecast period.
Based on the product, the anti-fatigue cosmetics market is classified cream, oil, lotion, serum, gel, and others. Among these, the cream segment is predicted to hold the largest market share through the forecast period. This one-way dominance is driven by the adaptability and broad consumer appeal of cream-based formulations. Creams are considered more emollient, nourishing, and potent against a variety of skin problems, such as visible signs of fatigue like puffiness, fine lines, and dullness.
The women segment is anticipated to hold the highest market share during the projected timeframe.
Based on the end user, the anti-fatigue cosmetics market is divided into women and men. Among these, the women segment is anticipated to hold the highest market share during the projected timeframe. On average, women use more types of cosmetic products in their daily beauty routine, including those used for soothing apparent tiredness. Other than these factors, women are more concerned about their appearance to look youthful and well-rested and are ready to pay more to buy products that reverse the apparent signs of tiredness, such as wrinkles, dark circles, and dull skin.
The offline segment is expected to dominate the global anti-fatigue cosmetics market during the forecast period.
Based on the distribution channel, the anti-fatigue cosmetics market is divided into offline, and online. Among these, the offline segment is expected to dominate the global anti-fatigue cosmetics market during the forecast period. The offline channels still take a very significant share of the market. These channels offer consumers an opportunity to get first-hand experience with the products, get recommendations personally, and talk to knowledgeable people. The offline distribution channels remain very essential in the market. Brick-and-mortar retail, beauty institutes, health and well-being stores, supermarket beauty counters, and direct selling are all formats that allow customers to see the product in person, give personalized advice, and ensure the availability of the product.
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North America is estimated to hold the largest share of the anti-fatigue cosmetics market over the forecast period.
North America is estimated to hold the largest share of the anti-fatigue cosmetics market over the forecast period. There are several reasons for this. The first is that consumers are specifically looking for remedies for the outer symptoms of exhaustion, puffiness, dark circles, and dull skin; this fact has been driving the need for self-care and rejuvenating beauty products. Other than that, the existence of major cosmetic players and their long-developed distribution networks in the region, therefore, made customers in North America easily accessible to anti-fatigue products.
Europe is expected to grow the fastest during the forecast period. European consumers are increasingly more aware and engaged in health and self-care activities, thereby raising the demand for makeup products that can reverse the apparent signs of fatigue. Because of the aging population in the area and its need to appear young, anti-fatigue cosmetics are gaining considerable popularity.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the global market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market. Major key players in the anti-fatigue cosmetics market include Shiseido Company Limited, Lancome, L'Oréal, REN Clean Skincare, S.A. Thalgo T.C.H., Christian Dior SE, Estée Lauder Companies, Revlon, The Ales Group, Patentes Talgo S.L.U., Bio Veda Action Research Co., Groupe Clarins SA, and Others.
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Recent Developments
- In March 2024, Beauty & wellness brand VLCC is all set to start over 100 beauty and wellness clinics nationwide to expand its retail presence.
Market Segment
This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the anti-fatigue cosmetics market based on the below-mentioned segments:
Global Anti-Fatigue Cosmetics Market, By Product
- Cream
- Oil
- Lotion
- Serum
- Gel
- Others
Global Anti-Fatigue Cosmetics Market, By End User
- Women
- Men
Global Anti-Fatigue Cosmetics Market, By Distribution Channel
- Offline
- Online
Global Anti-Fatigue Cosmetics Market, By Regional Analysis
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa
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