Bangladesh Skin Care Products Market Outlook
According to the report by Expert Market Research (EMR), the Bangladesh skin care products market size is projected to grow at a CAGR of 5.1% between 2024 and 2032. Aided by the rising awareness of beauty and wellness, the market is expected to grow significantly by 2032.
The skin care products market in Bangladesh is experiencing a surge, primarily fuelled by the increasing awareness among consumers about skin health and the availability of diverse skin care products. The market comprises a range of products, including facial care, body care, sun protection, and specialised treatment products, catering to various skin types and concerns.
One of the primary factors driving the Bangladesh skin care products market growth is the increasing emphasis on personal appearance and grooming, especially among the young and urban population in Bangladesh. The rising disposable income levels and the influence of social media and beauty bloggers have also significantly contributed to the heightened demand for skin care products.
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Additionally, the increasing concerns about skin problems due to pollution and climatic changes have led consumers to seek quality skin care solutions. The trend towards natural and organic products, owing to rising awareness about the harmful effects of certain chemicals, is also propelling the Bangladesh skin care products market demand.
The Bangladesh skin care market is witnessing a shift towards products with natural ingredients, inspired by traditional Bangladeshi beauty practices. Brands are increasingly incorporating local and natural ingredients like turmeric, neem, and coconut oil, known for their beneficial skin properties.
Moreover, the market is observing a rise in the availability of specialised skin care products, such as anti-aging creams, serums, and products for sensitive skin, catering to specific consumer needs. Technological advancements in product formulation and the rise of personalised skin care solutions are also emerging trends in this market.
The urban regions, particularly Dhaka and Chittagong, hold a significant portion of the Bangladesh skin care products market share. These areas exhibit higher consumer spending power and greater exposure to global beauty trends, thereby driving the demand for advanced and premium skin care products.
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Bangladesh Skin Care Products Market Segmentation
The market can be divided based on type, product, ingredient, price category, gender, and distribution channel.
Market Breakup by Type
- Facial Care
- Body Care
- Others
Market Breakup by Product
- Face Creams and Moisturisers
- Cleansers and Face Wash
- Face Masks and Packs
- Sunscreen
- Body Creams and Moisturisers
- Body Wash
- Others
Market Breakup by Ingredient
- Natural
- Chemical
Market Breakup by Price Category
- Premium
- Mass
Market Breakup by Gender
- Men
- Women
- Unisex
Market Breakup by Distribution Channel
- Supermarkets and Hypermarkets
- Convenience Stores
- Speciality Stores
- Online
- Others
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the Bangladesh skin care products market. Some of the major players explored in the report by Expert Market Research are as follows:
- Unilever PLC
- Revlon, Inc.
- Johnson & Johnson Private Limited
- Beiersdorf AG
- L’Oreal SA
- Galderma laboratories, L.P.
- Procter & Gamble Company
- Bioaqua International Inc.
- Lanbena Skincare Inc.
- Natura &Co.
- Others
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