PUBLISHER: Orion Market Research | PRODUCT CODE: 1215648
PUBLISHER: Orion Market Research | PRODUCT CODE: 1215648
Title:Global Eye Skin Care Market Size, Share, and Trends Analysis Report by Product Type (Eye Cream, Eye Essence, Eye Mask, Massage Essential Oil, and Others), and by Distribution Channel (Specialist Retailers, Factory Outlets, Internet Sales, and Others), Forecast Period (2022-2028).
The global eye skin care market is anticipated to grow at a CAGR of 5.8% during the forecast period. Additionally, the increasing number of refractive errors and cataract surgery will also propel the market growth during the forecast period. According to the World Health Organization (WHO), around 800 million people are suffering from distance impairment or near vision impairment in 2021. The WHO had targeted to increase 40% refractive error surgeries and 30% cataract surgeries by 2030. This report will further analyze all the primary and secondary factors that are directly or indirectly influencing the growth of the eye skin care market during the forecast period.
The global eye skin care market is segmented based on the product type and distribution channel. Based on the product type, the market is segmented into eye cream, eye essence, eye mask, massage essential oil, and others. Based on the distribution channel, the market is sub-segmented into specialist retailers, factory outlets, internet sales, and others.
Geographically, the global eye skin care market is segmented into North America, Europe, Asia Pacific, and the Rest of the World. The market can also be analyzed for a particular region or country level as per the requirement. Europe holds a considerable share in the global eye skin care market. The UK and Germany are the major contributing nation in this regional market owing to the high healthcare spending. Both the nations had spent 12.8% and 11.7% respectively in 2019, as the data provided by Eurostat.
The major companies serving the global eye skin care market include Allergan, Inc., Novartis International AG, Procter & Gamble (P&G) Co., Bausch & Lomb Inc., Ferretti, Prestige Consumer Healthcare Inc., and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers and acquisitions, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in 2021, Beiersdorf launched Personalized Face Care New Brand Only What's Needed or O.W.N.
Research Methodology
The market study of the global eye skin care market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to break down the market into various segments, and derive the total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macroeconomic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.
Secondary Sources Include:
The report provides an in-depth analysis of the market size, and intended quality of the service preferred by consumers. The report will serve as a source for a 360-degree analysis of the market thoroughly integrating different models.
Market Segmentation
The Report Covers: