Says Kline Group: European market for professional skin care records growth again and China keeps its status as the largest market. The global professional skin care market is recovering. In this year, Europe recorded the strongest growth it had experienced the past six years and China kept its status as the largest skin care market worldwide. According to the market research company Kline Group, the outlook for the professional skin care market is optimistic. The analysts expect a CAGR of approximately 5% by 2019.
The changing needs of cosmetic consumers with the focus shifting from lower costs to value for money uplifts the category of professional skin care products and treatments, the company states. In addition, consumers tend to overall body treatments and are more interested in hybrid products that combine skin care and make-up.