Japan Cosmeceuticals Industry Outlook to 2017 - Shifting Consumer Attention to Economical Products

Japan Cosmeceuticals Industry Outlook to 2017 - Shifting Consumer Attention to Economical Products

The industry research report on “Japan Cosmeceuticals Industry Outlook to 2017- Shifting Consumer Attention to Economical Products” provides an insight of the market past and present performance and outlook of the future of the industry on the basis of consumption and production. The report discusses industry segments performance on the basis of share in the overall industry and market size by value. The section on medicated cosmetics, hair remedies and distribution channel segmentation provides an entailing assessment of the market. The market share and competition highlight performance of the major players operating in the industry. The utility of cosmeceuticals has considerably risen in recent years. This radically inclined the techniques of clinician in improving the treatment of skin, hair and other conditions. The value growth of cosmeceutical products over the years has been impelled by changing consumer perception. Nowadays consumers prefer natural cosmeceutical products as compared to synthetic products. With increasing accessibility of domestic and international cosmeceutical brands at reasonable prices, consumers have deviated from using the non-branded products and have showcased greater demand for prominent brands such as Unilever, Procter and Gamble and others. The cosmeceuticals market in the country is projected to grow significantly in the coming five years on account of higher spending of consumers towards drug like cosmetics such as skin care, hair care as well as for other medicated cosmetic products. Dermaceuticals in the country has been largely confined to skin care sector, and within this anti-aging market dominated the industry over the past five years from 2007-2012. It has been observed that the companies are taking advantage of higher consumer interest in anti-aging medicated cosmetics by significant investment in the...