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Anti-fatigue Cosmetics Products Market Size, Share, & Trends Analysis Report (2023 – 2030)
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Report Overview
The global anti-fatigue cosmetics products market was valued at USD 7.2 billion in 2022 and is expected to grow at a CAGR of 8.6% from 2023 to 2030. The demand for anti-fatigue cosmetics products has been increasing due to the growing awareness among consumers about the effects of stress and fatigue on the skin. Furthermore, the increasing demand for nourishing and moisturizing products to combat dryness and fatigue is also driving the market growth. Additionally, the growing trend of clean beauty, which offers natural and organic products, is also driving the market growth.
The increasing demand for anti-aging products is expected to propel the demand for anti-fatigue cosmetics products. For instance, in October 2021, L’Oréal launched its new anti-aging cream, Revitalift Filler, in the U.S. market. The product is said to contain hyaluronic acid and Pro-Xylane, which helps fill wrinkles and improve skin quality. In addition to this, the product is also said to be dermatologically tested and is hypoallergenic, which is expected to propel its demand in the market.
Furthermore, the increasing demand for multifunctional products is also boosting the market growth. For instance, in October 2021, e.l.f. Beauty launched its new ‘Hydrating Cloud Cream’, which is a hydrating and cooling face cream. The product is said to be free of parabens, phthalates, and sulfates and is suitable for all skin types. It is also said to contain vitamin E and glycerin, which helps to provide hydration and nourishment to the skin.
Moreover, the rising demand for anti-fatigue cosmetics products from developing countries is also expected to fuel the market growth in the near future. For instance, according to the article published by the World Bank in March 2019, the middle-income population in Asia is expected to increase by 1.7 million people by 2023. This is expected to lead to an increase in the demand for cosmetics products, further driving the market growth.
In addition, the launch of new products by key players is anticipated to drive the market growth. For instance, in October 2021, Estée Lauder launched its new Advanced Night Repair Eye Supercharged Complex, which is an anti-fatigue eye cream. The product is said to contain hyaluronic acid, which helps to provide hydration and nourishment to the skin. Furthermore, the product is also said to be dermatologically tested and is suitable for all skin types.
Product Insights
The anti-fatigue cosmetics segment accounted for the largest share of the market in 2022. Rising awareness regarding skin health, increasing consumption of cosmeceutical products, and the availability of beauty products that offer anti-aging properties are some of the key factors driving the growth of the anti-fatigue cosmetics market. According to an article published by The National Center for Biotechnology Information, in April 2020, the anti-fatigue cosmetics market is growing due to the increasing demand for anti-aging products and increasing consumption of cosmeceutical products.
The skincare segment is expected to expand at the fastest CAGR of 10.6% over the forecast period. Increasing demand for natural and organic skincare products, rising focus on personal grooming and appearance, and growing awareness regarding skin health are some of the key factors driving the skincare market growth. According to an article published by The National Center for Biotechnology Information, in April 2020, the global skincare market is expected to witness significant growth due to the increasing demand for natural and organic skincare products. Furthermore, rising focus on personal grooming and appearance is another factor driving the growth of the market.
Distribution Channel Insights
The supermarkets and hypermarkets segment held a leading share of over 43.7% in 2022. Supermarkets & hypermarkets are preferred by consumers for their easy accessibility, reasonable selection of products, and quick purchasing decisions. The increasing number of supermarkets & hypermarkets worldwide is further boosting the growth of the segment. According to a study by the Food Marketing Institute (FMI) in 2020, the number of supermarkets & hypermarkets across the world is expected to reach more than 1.7 million by 2025.
The online segment is anticipated to expand at the highest CAGR of 15.7% over the forecast period. The increasing use of the internet and mobile phones has resulted in the popularity of e-commerce websites, offering various anti-fatigue cosmetics products. The presence of several e-commerce websites such as Amazon, Flipkart, Myntra, and Nykaa has improved the availability of these products across the globe. Furthermore, the increasing use of mobile applications for purchasing cosmetics products is further driving the growth of the segment.
Type Insights
The mass segment accounted for the largest revenue share of 72.3% in the year 2022. The mass market for anti-fatigue cosmetics products is being driven by the rising awareness about the benefits of these products among consumers, and the increasing availability of these products across retail outlets. The advent of e-commerce platforms has also led to an increased availability of these products, thus leading to higher sales. Furthermore, the introduction of hybrid products such as BB cream, CC cream, and combination products is also driving the growth of the mass segment.
The premium segment is projected to grow at the highest CAGR of 8.7% during the forecast period. The growing demand for products with superior quality is propelling the demand for premium anti-fatigue cosmetics products. The increasing trend of indulgence, rising disposable income, and the growing awareness about the benefits of premium anti-fatigue cosmetics products are fuelling the growth of the premium segment. Furthermore, the increasing preference for organic products among consumers is also driving the growth of the premium segment.
Regional Insights
Europe dominated the market and accounted for the largest revenue share of over 39.2% in 2022. This is attributed to the increasing awareness about the long-term skin care benefits of anti-fatigue cosmetics among consumers in the region. Additionally, the presence of major players, such as L’Oreal, Shiseido, and Unilever, who have a strong foothold in Europe, is also driving the growth of the market.
North America is expected to witness the second-fastest growth in the coming years. This is due to the increasing demand for anti-fatigue cosmetics among the millennial population in the region. Additionally, the rising demand for natural and organic products is also propelling the growth of the market. For instance, in June 2022, Natural Solutions launched the All-Day Hydration Moisturizer for men in the North America region.
Financial Projections
In this part of the anti-fatigue cosmetics products business plan, we will provide a detailed breakdown of all income and expense categories of the business. These forecasts include cash flow projections and capital requirements for your anti-fatigue cosmetics products. Usually, these projections are drafted for a 5-year period.
Revenue Assumptions
The main source of revenues for an anti-fatigue cosmetics products business comes from sales of products and services, online sales, and any other additional sources such as sponsorships, donations and grants. Here you will find a list with a description of each of them and other possible sources of profit such as advertising and marketing.
Projecting Expenses
In this section, all the regular expenses related to keeping the anti-fatigue cosmetics products business running will be described. The list of operating expenses includes product costs, packaging costs, labor costs, advertising and marketing costs, rent, utilities, insurance policies, and others.
Key companies & market share insights
Some of the key companies operating in the anti-fatigue cosmetics market are increasingly focusing on product launches and expansion of the distribution channel to gain prominent visibility among consumers. Some of the initiatives are:
– In October 2022, Estée Lauder launched the NightWear Plus Anti-Fatigue Cream, a new product designed to reduce the appearance of fatigue and dark circles.
– In June 2022, Lancome launched the Visionnaire Yeux Anti-Fatigue Eye Cream, a product designed to reduce the appearance of dark circles.
– In September 2022, Kiehl’s launched the Age Defender Eye Repair, an eye cream formulated to reduce the appearance of dark circles and puffiness.
Some of the prominent players in the anti-fatigue cosmetics market include:
– Estée Lauder Companies Inc.
– L’Oréal SA
– Shiseido Co., Ltd.
– Unilever
– Kao Corporation
– Coty, Inc.
– AmorePacific Corporation
– Chanel S.A.
– Kiehl’s LLC
– Clarins S.A.
Global Anti-fatigue Cosmetics Market Segmentation
This report forecasts growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2017 to 2030. For this study, Grand View Research has segmented the global anti-fatigue cosmetics products market based on product, distribution channel, type, and region:
1. Product Outlook (Revenue, USD Million, 2017 – 2030)
– Eye Care
– Face Care
– Body Care
– Hair Care
– Others
2. Distribution Channel Outlook (Revenue, USD Million, 2017 – 2030)
– Supermarkets & Hypermarkets
– Online
– Others
3. Type Outlook (Revenue, USD Million, 2017 – 2030)
– Mass
– Premium
4. Regional Outlook (Revenue, USD Million, 2017 – 2030)
– North America
– Europe
– Asia Pacific
– Central & South America
– Middle East & Africa
Frequently Asked Questions
[Q]: What are some of the key trends in the Anti-fatigue Cosmetics Products Market?
[A]: The global anti-fatigue cosmetics products market is driven by the trend of natural and organic cosmetics as well as the increasing demand for anti-aging products. Additionally, the rising popularity of K-beauty products, changing lifestyles, and social media influence are also driving the growth of this market.
[Q]: What are the major drivers of the Anti-fatigue Cosmetics Products Market?
[A]: The major drivers of the global anti-fatigue cosmetics products market are increasing demand for anti-aging products, rise in the prevalence of lifestyle diseases, and the increasing preference for natural and organic cosmetics. Additionally, the growing awareness of skin protection and the increasing focus on proper skin care are expected to drive the market growth.
[Q]: What are the major challenges for market players in the Anti-fatigue Cosmetics Products Market?
[A]: Some of the major challenges for the market players in the global anti-fatigue cosmetics products market are the availability of counterfeit products, stringent government regulations, and the high cost of the products. Additionally, the lack of awareness regarding the availability of anti-fatigue cosmetics products is also a challenge for the market.
[Q]: Who are the key players in the Anti-fatigue Cosmetics Products Market?
[A]: Some of the key players in the global anti-fatigue cosmetics products market are L’Oréal, Estee Lauder Companies, Procter & Gamble, Unilever, and Avon Products, Inc.
[Q]: What regions offer the largest opportunity for the sales of Anti-fatigue Cosmetics Products?
[A]: Asia Pacific is expected to offer the largest opportunity for the sales of anti-fatigue cosmetics products due to the increasing demand for anti-aging products, growing awareness of skin care, and the increasing demand for natural and organic cosmetics in the region.
Research Methodology
Impact Analytix employs a comprehensive and iterative research methodology focused on minimizing deviance in order to provide the most accurate estimates and forecasts possible. The company utilizes a combination of bottom-up and top-down approaches for segmenting and estimating quantitative aspects of the market. In Addition, a recurring theme prevalent across all our research reports is data triangulation which looks market from three different perspectives. Critical elements of the methodology employed for all our studies include:
Preliminary data mining
Raw market data is obtained and collated on a broad front. Data is continuously filtered to ensure that only validated and authenticated sources are considered. In addition, data is also mined from a host of reports in our repository, as well as a number of reputed paid databases. For a comprehensive understanding of the market, it is essential to understand the complete value chain and in order to facilitate this; we collect data from raw material suppliers, distributors as well as buyers.
Technical issues and trends are obtained from surveys, technical symposia, and trade journals. Technical data is also gathered from an intellectual property perspective, focusing on white space and freedom of movement. Industry dynamics with respect to drivers, restraints, and pricing trends are also gathered. As a result, the material developed contains a wide range of original data that is then further cross-validated and authenticated with published sources.
Statistical model
Our market estimates and forecasts are derived through simulation models. A unique model is created and customized for each study. Gathered information for market dynamics, technology landscape, application development, and pricing trends are fed into the model and analyzed simultaneously. These factors are studied on a comparative basis, and their impact over the forecast period is quantified with the help of correlation, regression, and time series analysis. Market forecasting is performed via a combination of economic tools, technological analysis, industry experience, and domain expertise.
Econometric models are generally used for short-term forecasting, while technological market models are used for long-term forecasting. These are based on an amalgamation of the technology landscape, regulatory frameworks, economic outlook, and business principles. A bottom-up approach to market estimation is preferred, with key regional markets analyzed as separate entities and integration of data to obtain global estimates. This is critical for a deep understanding of the industry as well as ensuring minimal errors. Some of the parameters considered for forecasting include:
Market drivers and restraints, along with their current and expected impact
Raw material scenario and supply v/s price trends
Regulatory scenario and expected developments
Current capacity and expected capacity additions up to 2030
We assign weights to these parameters and quantify their market impact using weighted average analysis, to derive an expected market growth rate.
Primary validation
This is the final step in estimating and forecasting our reports. Exhaustive primary interviews are conducted, face to face as well as over the phone to validate our findings and assumptions used to obtain them. Interviewees are approached from leading companies across the value chain including suppliers, technology providers, domain experts, and buyers so as to ensure a holistic and unbiased picture of the market. These interviews are conducted across the globe, with language barriers overcome with the aid of local staff and interpreters. Primary interviews not only help in data validation but also provide critical insights into the market, current business scenario, and future expectations and enhance the quality of our reports. All our estimates and forecast are verified through exhaustive primary research with Key Industry Participants (KIPs) which typically include:
Market-leading companies
Raw material suppliers
Product distributors
Buyers
The key objectives of primary research are as follows:
To validate our data in terms of accuracy and acceptability
To gain an insight into the current market and future expectations
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