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CC Cream Market Size - By Type (Below 15 SPF, Between 15-30 SPF, and Above 30 SPF), By Application (Oily Skin, Normal Skin, and Dry Skin), By Sales Channel (Hypermarkets & Supermarkets, Specialty Stores, Online Retails) & Region – Forecasts By 2022-2030

  • PUBLISHED ON
  • 1970-01-01
  • NO OF PAGES
  • 245
  • CATEGORY
  • Retails & Consumer
CC Cream Market- Description
CC cream refers to color correcting or complexion correcting product that works as a foundation, moisturizer, and sunscreen. It is known to neutralize the presence of skin imperfections such as dark spots, blemishes, and redness by using colors. They have a thicker and heavier texture and offer higher coverage. These creams also protect the skin from harmful UV radiations and provides a smooth finish. Components such as Vitamin C, antioxidants, and peptides are the major ingredients present in CC creams.

CC Cream Market- Overview
The global cc cream was worth USD 433.8 million in 2021. Due to various growth propellers, the industry is expected to witness a CAGR of 7.1% over 2022-2030 and amass a valuation of USD 889.8 million by 2030.
The increasing appearance consciousness of the masses, especially women and surge in the female employment rate are creating lucrative opportunities for the industry vertical to prosper.
Also, a wide of benefits offered by cc creams, growing disposable income of consumers, and rising R&D investments in the field are adding traction to the development of this business sphere.

Moreover, growing product popularity across the beauty, entertainment, and fashion industry along with the rising number of innovative advertisements on mass media channels for the promotion of these creams are propelling the overall market progression.

Besides, rising focus of players to develop and launch advanced products in the field is positively influencing the dynamics of this industry.
On the contrary, increasing concerns regarding the side effects of excessive CC cream application is hindering the remuneration scope of this market.

CC Cream Market-Key trends

Growing appearance consciousness among individuals is aiding industry expansion

Improving living standards, rapid evolution in the fashion, entertainment, and beauty industry, and widespread urbanization are enhancing the appearance cognizance of the masses. People, especially women take plenty of efforts to enhance their facial appearance and conceal imperfections. This has escalated the demand for cc creams across the globe.

Rising female employment rates to augment industry outlook

The widespread socio-economic developments have enhanced the social status of women. There has been a rising trend of female employment and education. Employed women have the eligibility to sustain their life according to their own terms. They can invest in personal care items to enhance their health and appearance.

CC Cream Market- Segmental assessment

By Type
• Below 15 SPF
• Between 15-30 SPF
• Above 30 SPF
The 15-30 SPF segment is poised to amass notable gains over the stipulated timeframe due to their cost effectiveness and beneficial properties.

By Application
• Oily Skin
• Normal Skin
• Dry Skin

By Sales Channel
• Hypermarkets & Supermarkets
• Specialty Stores
• Online Retails
• Others
The online retailers segment is slated to generate significant returns over the forecast period owing to the widespread internet penetration worldwide.

CC Cream Market- Geographical landscape
Considering the geographical frame of reference, the major regions influencing the expansion trends of this industry vertical are North America, Middle East & Africa, Europe, Asia Pacific, and Latin America. Among these, Asia Pacific is projected to amplify substantially by 2030 ascribing to the rising beauty consciousness among women, presence of potential players, and increasing female employment rate in the region.

CC Cream Market- Competitive hierarchy
The prominent players characterizing the competitive terrain of this market vertical are Estée Lauder Inc., Lakmé Cosmetics, Chanel, Inc., Christian Dior Couture, Hindustan Unilever Limited, Pacifica Beauty, Procter & Gamble, ERBORIAN, Thrive Causemetics, Inc., Juice Beauty, and Lancôme.

Report scope
Global CC Cream Market: Historical Years- 2018-2021
Global CC Cream Market : Forecast Years- 2022-2030
Global CC Cream Market 2021- USD 433.8 million
Global CC Cream Market CAGR- 7.1%
Global CC Cream Market 2030- USD 889.8 million

Key segments reported-
• By Type (Below 15 SPF, Between 15-30 SPF, and Above 30 SPF)
• By Application (Oily Skin, Normal Skin, and Dry Skin)
• By Sales Channel (Hypermarkets & Supermarkets, Specialty Stores, Online Retails, and Others)

Major regions and countries covered-
• North America (U.S., Canada, and Mexico)
• South America (Brazil, Argentina, and Colombia)
• Europe (Germany, U.K., France, Italy, Spain, and Russia)
• Middle East & Africa (UAE, Saudi Arabia, Egypt, and South Africa)
• Asia Pacific (China, Japan, India, Australia, South Korea, and ASEAN)

Top players profiled- Estée Lauder Inc., Lakmé Cosmetics, Chanel, Inc., Christian Dior Couture, Hindustan Unilever Limited, Pacifica Beauty, Procter & Gamble, ERBORIAN, Thrive Causemetics, Inc., Juice Beauty, and Lancôme

1.     Global CC Cream Market Introduction and Market Overview

1.1.  Objectives of the Study

1.2.  CC Cream Market Definition & Description

1.3.  Global CC Cream Market Scope and Market Estimation

1.3.1.     Global CC Cream Overall Market Size, Revenue (US$ Mn), Market CAGR (%), Market forecast (2023-2033)

1.3.2.     Global CC Cream Market Revenue Share (%) and Growth Rate (Y-o-Y) from 2019-2033

1.4.  Market Segmentation

1.4.1.     Type of Global CC Cream Market

1.4.2.     Application of Global CC Cream Market

1.4.3.     Sales Channel of Global CC Cream Market

1.4.4.     Region of Global CC Cream Market

 

2.     Executive Summary

2.1.  Global CC Cream Market Industry Trends under COVID-19 Outbreak

2.1.1.     Global COVID-19 Status Overview

2.1.2.     Influence of COVID-19 Outbreak on Global CC Cream Market Industry Development

2.2.  Market Dynamics

2.2.1.     Drivers

2.2.2.     Limitations

2.2.3.     Opportunities

2.2.4.     Impact Analysis of Drivers and Restraints

2.3.  Pricing Trends Analysis & Average Selling Prices (ASPs)

2.4.  Key Mergers & Acquisitions, Expansions, JVs, Funding / VCs, etc.

2.5.  Porter’s Five Forces Analysis

2.5.1.     Bargaining Power of Suppliers

2.5.2.     Bargaining Power of Buyers

2.5.3.     Threat of Substitutes

2.5.4.     Threat of New Entrants

2.5.5.     Competitive Rivalry

2.6.  Value Chain / Ecosystem Analysis

2.7.  PEST Analysis

2.8.  Russia-Ukraine War Impacts Analysis

2.9.  Economic Downturn Analysis

2.10. Market Investment Opportunity Analysis (Top Investment Pockets), By Segments & By Region

 

3.     Global CC Cream Market Estimates & Historical Trend Analysis (2020 - 2022)

 

4.     Global CC Cream Market Estimates & Forecast Trend Analysis, by Type

4.1.  Global CC Cream Market Revenue (US$ Mn) Estimates and Forecasts, by Installation, 2023 to 2033

4.1.1.     Below 15 SPF

4.1.2.     Between 15-30 SPF

4.1.3.     Above 30 SPF

 

5.     Global CC Cream Market Estimates & Forecast Trend Analysis, by Application

5.1.  Global CC Cream Market Revenue (US$ Mn) Estimates and Forecasts, by Installation, 2023 to 2033

5.1.1.     Oily Skin

5.1.2.     Normal Skin

5.1.3.     Dry Skin

 

6.     Global CC Cream Market Estimates & Forecast Trend Analysis, by Sales Channel

6.1.  Global CC Cream Market Revenue (US$ Mn) Estimates and Forecasts, by Installation, 2023 to 2033

6.1.1.     Hypermarkets & Supermarkets

6.1.2.     Specialty Stores

6.1.3.     Online Retails

            

7.     Global CC Cream Market Estimates & Forecast Trend Analysis, by Region

7.1.  Global CC Cream Market Revenue (US$ Mn) Estimates and Forecasts, by Region, 2023 to 2033

7.1.1.     North America

7.1.2.     Europe

7.1.3.     Asia Pacific

7.1.4.     Middle East & Africa

7.1.5.     South America

 

8.     North America CC Cream Market: Estimates & Forecast Trend Analysis

8.1.  North America CC Cream Market Assessments & Key Findings

8.1.1.     North America CC Cream Market Introduction

8.1.2.     North America CC Cream Market Size Estimates and Forecast (US$ Million) (2023 to 2033)

8.1.2.1.  By Type

8.1.2.2.  By Application

8.1.2.3.  By Sales Channel

8.1.2.4.  By Country

8.1.2.4.1.   The U.S.

8.1.2.4.2.   Canada

8.1.2.4.3.   Mexico

 

9.     Europe CC Cream Market: Estimates & Forecast Trend Analysis

9.1.  Europe CC Cream Market Assessments & Key Findings

9.1.1.     Europe CC Cream Market Introduction

9.1.2.     Europe CC Cream Market Size Estimates and Forecast (US$ Million) (2023 to 2033)

9.1.2.1.  By Type

9.1.2.2.  By Application

9.1.2.3.  By Sales Channel

9.1.2.4.      By Country

9.1.2.4.1.   Germany

9.1.2.4.2.   U.K.

9.1.2.4.3.   France

9.1.2.4.4.   Italy

9.1.2.4.5.   Spain

9.1.2.4.6.   Russia

9.1.2.4.7.   Rest of Europe

 

10.  Asia Pacific CC Cream Market: Estimates & Forecast Trend Analysis

10.1. Asia Pacific Market Assessments & Key Findings

10.1.1.  Asia Pacific CC Cream Market Introduction

10.1.2.  Asia Pacific CC Cream Market Size Estimates and Forecast (US$ Million) (2023 to 2033)

10.1.2.1.   By Type

10.1.2.2.   By Application

10.1.2.3.   By Sales Channel

10.1.2.4.   By Country

10.1.2.4.1.            China

10.1.2.4.2.            Japan

10.1.2.4.3.            India

10.1.2.4.4.            Australia

10.1.2.4.5.            South Korea

10.1.2.4.6.            ASEAN

10.1.2.4.7.            Rest of Asia Pacific

 

11.  Middle East & Africa CC Cream Market: Estimates & Forecast Trend Analysis

11.1. Middle East & Africa Market Assessments & Key Findings

11.1.1.  Middle East & Africa CC Cream Market Introduction

11.1.2.  Middle East & Africa CC Cream Market Size Estimates and Forecast (US$ Million) (2023 to 2033)

11.1.2.1.   By Type

11.1.2.2.   By Application

11.1.2.3.   By Sales Channel

11.1.2.4.   By Country

11.1.2.4.1.              U.A.E.

11.1.2.4.2.              Saudi Arabia

11.1.2.4.3.              Egypt

11.1.2.4.4.              South Africa

11.1.2.4.5.              Rest of Middle East & Africa

 

12.  South America CC Cream Market: Estimates & Forecast Trend Analysis

12.1. South America Market Assessments & Key Findings

12.1.1.  South America CC Cream Market Introduction

12.1.2.  South America CC Cream Market Size Estimates and Forecast (US$ Million) (2023 to 2033)

12.1.2.1.   By Type

12.1.2.2.   By Application

12.1.2.3.   By Sales Channel

12.1.2.4.   By Country

12.1.2.4.1.            Brazil

12.1.2.4.2.            Argentina

12.1.2.4.3.            Colombia

12.1.2.4.4.            Rest of South America

 

13.  Competition Landscape

13.1. Global CC Cream Market Competition Matrix & Benchmarking, by Leading Players / Innovators / Emerging Players / New Entrants

13.2. Global CC Cream Market Concentration & Company Market Shares (%) Analysis, 2022

 

14.  Company Profiles

14.1.    Estée Lauder Inc.

14.1.1.     Company Overview & Key Stats

14.1.2.     Financial Performance & KPIs

14.1.3.     Product Portfolio

14.1.4.     Business Strategy & Recent Developments

* Similar details would be provided for all the players mentioned below 

14.2.    Lakmé Cosmetics

14.3.    Chanel Inc.

14.4.    Christian Dior Couture

14.5.    Hindustan Unilever Limited

14.6.    Pacifica Beauty

14.7.    Procter & Gamble

14.8.    ERBORIAN

14.9.    Thrive Causemetics Inc.

14.10.  Juice Beauty

14.11.  Lancôme

14.12.  Others**

 

15.  Research Methodology

15.1. External Transportations / Databases

15.2. Internal Proprietary Database

15.3. Primary Research

15.4. Secondary Research

15.5. Assumptions

15.6. Limitations

15.7. Report FAQs

 

16.  Research Findings & Conclusion

Quality Assurance Process

  1. We Market Research’s Quality Assurance program strives to deliver superior value to our clients.

We Market Research senior executive is assigned to each consulting engagement and works closely with the project team to deliver as per the clients expectations.

Market Research Process




We Market Research monitors 3 important attributes during the QA process- Cost, Schedule & Quality. We believe them as a critical benchmark in achieving a project’s success.

To mitigate risks that can impact project success, we deploy the follow project delivery best practices:
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Case Study- Automotive Sector

One of the key manufacturers of automotive had plans to invest in electric utility vehicles. The electric cars and associated markets being a of evolving nature, the automotive client approached We Market Research for a detailed insight on the market forecasts. The client specifically asked for competitive analysis, regulatory framework, regional prospects studied under the influence of drivers, challenges, opportunities, and pricing in terms of revenue and sales (million units).

Solution

The overall study was executed in three stages, intending to help the client meet its objective of precisely understanding the entire market before deciding on an investment. At first, secondary research was conducted considering political, economic, social, and technological parameters to get a gist of the various aspects of the market. This stage of the study concluded with the derivation of drivers, opportunities, and challenges. It also laid substantial emphasis on understanding and collecting data not only on a global scale but also on the regional and country levels. Data Extraction through Primary Research

The second stage involved primary research in which several market players and automotive parts suppliers were contacted to study their viewpoint concerning the development of their market and production capacity, clientele, and product line. This stage concluded in a brief understanding of the competitive ecosystem and also glanced through the strategies and pricing of the companies profiled.

Market Estimates and Forecast

In the final stage of the study, market forecasts for the electric utility were derived using multiple market engineering approaches. This data helped the client to get an overview of the market and accelerate the process of investment.

Case Study- ICT Sector

Business process outsourcing, being one of the lucrative markets from both supply- and demand- side, has appealed to various companies. One of the prominent corporations based out of Japan approached us with their requirements regarding the scope of the procurement outsourcing market for around 50 countries. Additionally, the client also sought key players operating in the market and their revenue breakdown in terms of region and application.


Business Solution

An exhaustive market study was conducted based on primary and secondary research that involved factors such as labor costs in various countries, skilled and technical labors, manufacturing scenario, and their respective contributions in the global GDP. A comparative study of the market was conducted from both supply- and demand side, with the supply-side comprising of notable companies, such as GEP, Accenture, and others, that provide these services. On the other hand, large manufacturing companies from them demand-side were considered that opt for these services.


Conclusion

The report aided the client in understanding the market trends, including country-level business scenarios, consumer behavior, and trends in 50 countries. The report also provided financial insights of crucial players and detailed market estimations and forecasts till 2033.


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