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Eye Cream Market Share

Report ID: GMI11561
Published Date: Sep 2024
Report Format: PDF

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Eye Cream Market Share

Eye Cream Market Company Share Analysis, (2023)

The eye cream industry is highly fragmented due to diverse consumer needs, various ingredient formulations, and segmentation across luxury, mid-range, and drugstore brands. Consumers look for solutions for dark circles, puffiness, and aging signs, leading brands to create specialized products. Trends like clean beauty and local brands catering to regional preferences also add to market diversity. Top players in this market include L'Oréal S.A., offering a wide range of products; Estée Lauder Companies Inc., focusing on luxury products; and Johnson & Johnson, emphasizing eye care for sensitive skin. Other notable brands are Beiersdorf AG with its NIVEA line, and Shiseido Company, Limited, known for luxury skincare. Unilever PLC has a broad portfolio, while Avon Products, Inc. and The Procter & Gamble Company cater to budget-conscious consumers. Mary Kay Inc. and Oriflame Holding AG focus on direct sales, and Amorepacific Corporation and The Body Shop International Limited appeal to niche markets with ethical and natural products. This variety highlights the competitive nature of the market.

Eye Cream Market Companies

Major players operating in the eye cream industry include:

Amorepacific Corporation
Avon Products, Inc.
Beiersdorf AG
Cadila Pharmaceuticals
The Estée Lauder Companies Inc.
Eye Care Cosmetics
Johnson & Johnson
Kao Corporation
L'Oréal S.A.
Mary Kay Inc.
Oriflame Holding AG
The Procter & Gamble Company
Shiseido Company, Limited
The Body Shop International Limited
Unilever PLC

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The market size for eye cream is projected to grow at a CAGR of 6.6% between 2024 and 2032, reaching a market value of USD 8389 million by the end of 2032 from USD 4770 million in 2023.

The moisturizing eye cream segment led the market in 2023 with a 29.5% share and is anticipated to reach USD 2618 million by 2032 due to its ability to address common skin concerns like dryness and puffiness.

The Asia Pacific (APAC) region is leading the eye cream industry with a CAGR of 7.1% and is expected to reach USD 3456 million by 2032. Factors like the popularity of K-beauty and J-beauty routines, rising disposable incomes, and increased e-commerce access are driving growth.

Leading brands in the market include Amorepacific Corporation, The Estée Lauder Companies Inc., L'Oréal S.A., Johnson & Johnson, Shiseido Company, Limited, and Unilever PLC. These companies are known for their innovative formulations and diverse product offerings.