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At an estimated average Y-o-Y growth of 9%, BB cream sales will exceed the revenue of US$ 3 Bn by 2020. A research study by Future Market Insights (FMI) forecasts a robust growth outlook for the global BB cream market over upcoming years. Women will continue to account for over 90% of sales in the BB cream market. Increasing popularity of multi-functional makeup products will remain a key booster to BB cream sales in the years to come.<br><br>
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BB Cream Market Expected to Behold a CAGR of 9% through 2019-2027 | Future Market Insights March 2020 Report Id : REP-GB-9030 Published On : 07-March-2019 Category : Retail and Consumer Products www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights © 2019 Future Market Insights, All Rights Reserved www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights © 2019 Future Market Insights, All Rights Reserved
About Future Market Insights Future Market Insights (FMI) is a premier provider of syndicated research reports, custom research reports, and consulting services. We deliver a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, aerial view of the competitive framework, and future market trends. We provide research services at a global as well as regional level; key regions include GCC, ASEAN, and BRIC. Our offerings cover a broad spectrum of industries including Chemicals, Materials, Energy, Technology, Healthcare, and Retail. We have a global presence with delivery centers across India specializing in providing global research reports and country research reports. FMI is headquartered out of London, U.K., with a state-of-the-art delivery center located in Pune, India. We combine our knowledge and learning from every corner of the world to distill it to one thing – the perfect solution for our client. Research Capabilities Sector Coverage Customized Research Syndicated Research Investment Research Social Media Research Automotive and Transportation Electronics, Semiconductor, and ICT Retail and Consumer Products Industrial Automation and Equipment Chemicals & Materials Food and Beverages Services and Utilities Energy, Mining, Oil, and Gas Customized Research Syndicated Research Investment Research Social Media Research Subscription Information For detailed subscription information please contact Hari. T (Sr. Manager - Global Business Development) T: +44 (0) 20 7692 8790 | D: +44 20 3287 4268 Email: hari.t@futuremarketinsights.com www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 2 © 2019 Future Market Insights, All Rights Reserved
Research Methodology (1/2) Systematic Research Approach 1 In-depth secondary research is used to ascertain overall market size, top industry players, top products, industry associations, etc. Research & Intelligence Data Collection Data Filter & Analysis Actionable Insights Business Solution Market profiling 2 FMI formulates a detailed discussion guide to conduct expert and industry interviews Identifying key opinion leaders Questionnaire design In-depth interviews Coverage across value chain Formulating discussion guide 3 A FMI develops a list of industry players (manufacturers), distributors, retailers and industry experts Primary Research Key industry experts Channel study Developments Market dynamics Products Conclusions Developing list of respondents B 4 FMI conducts interviews with industry experts, industry players, distributors and retailers SOLUTION Desk Research Data collection Market participants Key strengths Product portfolio Mapping as per value chain Key focus segments C Company Analysis Data is validated by triangulation method, wherein secondary, primary and FMI analysis contribute to the final data 5 Data validation 6 Data is scrutinized using MS-Excel to obtain qualitative and quantitative insights about the industry Data analysis Primary Research # Secondary Research # Paid Publications# Linkedin Zoominfo Salesforce Avention Company websites Company annual reports White papers Financial reports Factiva GBI Genios Meltwater 7 FMI delivers industry insights and information in the required format (PDF) Insights # includes sources of databases www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 3 © 2019 Future Market Insights, All Rights Reserved
BB Cream Market Analysis At an estimated average Y-o-Y growth of 9%, BB cream sales will exceed the revenue of US$ 3 Bn by 2020. A research study by Future Market Insights (FMI) forecasts a robust growth outlook for the global BB cream market over upcoming years. Women will continue to account for over 90% of sales in the BB cream market. Increasing popularity of multi-functional makeup products will remain a key booster to BB cream sales in the years to come. APEJ Holds over 1/3rd Value Share, Combination Skin Type Forms Major Consumer Base While Germany has been the largest market for BB cream, Asian economies such as Japan and Korea will remain the high-potential investment pockets for brands. Mounting popularity of multi-functional, cost effective makeup products has been cited as a significant demand determinant for BB cream within developing and developed regional markets. With more than 1/3rd of the total market value, APEJ maintains a dominant share in the global BB cream landscape, according to report. North America is also cited as a significant market for cosmetic brands selling BB cream. www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 4 © 2019 Future Market Insights, All Rights Reserved
BB Cream Market Analysis More than 45% of the BB cream sales is accounted collectively by normal and oily skinned consumers. However, BB cream will remain most sought after among consumers who have a combination skin type, as indicated by FMI’s analysis. The report envisages over a third of the total market value as contributed by the combination skin type segment. Consumers with sensitive skin type are least likely to prefer beauty products such as BB cream, says the report. As per the Skin Care Foundation and EWG (Environmental Working Group), products with higher SPF are relatively superior to their lower-SPF counterparts in terms of UVB protection. As above 30 SPF tends to block around 98% of the UVB radiation, more than 50% of the total sales of BB cream will remain concentrated in the above 30 SPF segment. www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 5 © 2019 Future Market Insights, All Rights Reserved
BB Cream Market Analysis Brands to Focus on SRS by Innovating Existing Cosmetic Marketing Strategies Maximum BB cream sales are being accounted by supermarkets and hypermarkets, followed by specialty stores. Beauty stores are still lagging behind in terms of revenue contribution and hold a mere 8% share in the global BB cream sales. However, with the rapid growth of E-Commerce and increasing number of dedicated outlets of beauty brands, FMI foresees robust growth opportunities in the beauty stores and E-Retail segments. Promoted as an “all-in-one” beauty product that has been claimed to be superior to foundations and other conventional products, BB cream has been creating a buzz in the industry, recently. Besides frequent product innovations, beauty brands are considering tracking of consumer perception as a decisive factor in the buying process. www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 6 © 2019 Future Market Insights, All Rights Reserved
BB Cream Market Analysis The report has profiled some of the most prominent companies actively investing in the BB cream market, including Shiseido Company Limited, Unilever, Christian Dior SE, Revlon, Inc., L’Oreal S.A., The Estee Lauder Companies Inc., Coty Inc., Avon Products, Inc., Missha US Inc., L'Occitane International S.A., Amore Pacific Corporation, The Clorox Company, Tarte Inc., Stila Styles LLC, Groupe Marcelle, Lancome SA, Physicians Formula Holdings Inc., Bobbi Brown Professional Cosmetics Inc., Dr. Jart, and Clinique Laboratories LLC. among others. While online brand reputation has become a paramount for brands across industries, especially B2C players, a number of brands such as LaRoche-Posay and Maybelline continue to focus their promotional strategies on creating an excellent SRS, i.e. Social Reputation Score. Reassessment of cosmetic marketing techniques will also be the key strategies adopted by companies to better shape consumer sentiments regarding the top performing trending products in the beauty circle, such as BB cream. www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 7 © 2019 Future Market Insights, All Rights Reserved
BB Cream Market Analysis Source Link: https://www.globenewswire.com/news- release/2019/08/22/1905600/0/en/Women-Account-for-90-of-BB-Cream-Sales-Finds- FMI.html More from Retail and Consumer Products Insights: • Baby Cribs Market • Beard Oil Market • Baby Bottle Market About Us Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights and an aerial view of the competitive framework and future market trends. www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 8 © 2019 Future Market Insights, All Rights Reserved
BB Cream Market Analysis Contact Us Mr. Abhishek Budholiya Future Market Insights 616 Corporate Way, Suite 2-9018, Valley Cottage, NY 10989, United States T: +1-347-918-3531 F: +1-845-579-5705 T (UK): + 44 (0) 20 7692 8790 Sales:sales@futuremarketinsights.com Press Office: Press@futuremarketinsights.com Future Market Insights Click here to Order a free sample For more insights on the BB Cream Market, you can request a report sample with full TOC www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 9 © 2019 Future Market Insights, All Rights Reserved
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