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Global BB Cream Market to reach USD 9.27 billion by the end of 2029.

Global BB Cream Market Size study & Forecast, by Packaging (Tube/Bottle, Air Cushion), by Distribution Channel (Online, Offline) and Regional Analysis, 2022-2029

Product Code: OIRPC-80172238
Publish Date: 17-04-2023
Page: 200

Global BB Cream Market is valued approximately USD 3.16 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 14.40% over the forecast period 2022-2029. Blemish Balm demand is expected to increase as young consumers’ need for novel, high-quality skincare products grows (BB). The demand is anticipated to increase as the number of young people entering the workforce increases along with the number of households earning two incomes. Moreover, it is anticipated that blemish balm use would increase due to changing lifestyles and the desire to look attractive. The demand for BB creams will rise as a result of changing climatic circumstances and growing awareness of the damaging effects of UV radiation.

For instance, in 2021, Biothrive sciences which is a vitamin manufacturing company has invested to manufacture anti-aging creams and lotions. As the raw material suppliers does not have dependence over the product manufacturer. Along with this, According to US Food and Drug Administration, FDA is concerned for the drug claims made for selling the cosmetic products, such as skin care items with anti-wrinkle or anti-aging claims that involve alleged effects on the structure or function of the skin. Thus, FDA tends to approve the anti-aging products and devices. For instance, Lutronic Genius platform, which is utilised for precise coagulation and induces the regeneration of collagen and elastin, was approved by the US FDA in February 2019. However, the high cost of BB Cream stifles market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global BB Cream Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. In 2021, the largest portion of the worldwide market is held by Asia Pacific. Over the past few years, the personal care business as a whole has experienced significant expansion. The demand for skincare is shifting from older to younger people. The regional market is predicted to be driven by young customers who use anti-aging treatments to delay the ageing process. Along with this, Europe is the fastest growing region over the forecast period. One of the major elements driving the expansion of FMCG packaging for cosmetics is increasing customer awareness. Customers in the nation make their purchasing decisions on the spot and purchase both conventional and organic goods.

Major market player included in this report are:
L’Oréal S.A.
The Estee Lauder Companies Inc.
Shiseido Company, Limited
Christian Dior SE
Missha US Inc.
Avon Products, Inc.
Amorepacific Corporation
Etude House, Inc.

Recent Developments in the Market:
Ø Missha, a brand owned by Able C&C Co. Ltd., debuted M Perfect Blanc BB in 2020 as part of the expansion of its product line and is tested by the Korean Dermatological Research Institute. This cream could serve as a foundation for cosmetics.
Global BB Cream Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Packaging, Distribution Channel, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and Packaging offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Packaging:
Air Cushion
By Distribution Channel:

By Region:
North America
Asia Pacific
South Korea
Latin America
Rest of the World

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
1.2.1. BB Cream Market, by Region, 2019-2029 (USD Billion)
1.2.2. BB Cream Market, by Packaging, 2019-2029 (USD Billion)
1.2.3. BB Cream Market, by Distribution Channel, 2019-2029 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global BB Cream Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global BB Cream Market Dynamics
3.1. BB Cream Market Impact Analysis (2019-2029)
3.1.1. Market Drivers Rising awareness skin care Growing number of product approvals
3.1.2. Market Challenges High Cost of BB Cream
3.1.3. Market Opportunities Rising initiatives by the key market players
Chapter 4. Global BB Cream Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.2. Futuristic Approach to Porter’s 5 Force Model (2019-2029)
4.3. PEST Analysis
4.3.1. Political
4.3.2. Economical
4.3.3. Social
4.3.4. Technological
4.4. Investment Adoption Model
4.5. Analyst Recommendation & Conclusion
4.6. Top investment opportunity
4.7. Top winning strategies
Chapter 5. Risk Assessment: COVID-19 Impact
5.1. Assessment of the overall impact of COVID-19 on the industry
5.2. Pre COVID-19 and post COVID-19 Market scenario
Chapter 6. Global BB Cream Market, by Packaging
6.1. Market Snapshot
6.2. Global BB Cream Market by Packaging, Performance – Potential Analysis
6.3. Global BB Cream Market Estimates & Forecasts by Packaging 2019-2029 (USD Billion)
6.4. BB Cream Market, Sub Segment Analysis
6.4.1. Tube/Bottle
6.4.2. Air Cushion
Chapter 7. Global BB Cream Market, by Distribution Channel
7.1. Market Snapshot
7.2. Global BB Cream Market by Distribution Channel, Performance – Potential Analysis
7.3. Global BB Cream Market Estimates & Forecasts by Distribution Channel 2019-2029 (USD Billion)
7.4. BB Cream Market, Sub Segment Analysis
7.4.1. Online
7.4.2. Offline
Chapter 8. Global BB Cream Market, Regional Analysis
8.1. BB Cream Market, Regional Market Snapshot
8.2. North America BB Cream Market
8.2.1. U.S. BB Cream Market Packaging breakdown estimates & forecasts, 2019-2029 Distribution Channel breakdown estimates & forecasts, 2019-2029
8.2.2. Canada BB Cream Market
8.3. Europe BB Cream Market Snapshot
8.3.1. U.K. BB Cream Market
8.3.2. Germany BB Cream Market
8.3.3. France BB Cream Market
8.3.4. Spain BB Cream Market
8.3.5. Italy BB Cream Market
8.3.6. Rest of Europe BB Cream Market
8.4. Asia-Pacific BB Cream Market Snapshot
8.4.1. China BB Cream Market
8.4.2. India BB Cream Market
8.4.3. Japan BB Cream Market
8.4.4. Australia BB Cream Market
8.4.5. South Korea BB Cream Market
8.4.6. Rest of Asia Pacific BB Cream Market
8.5. Latin America BB Cream Market Snapshot
8.5.1. Brazil BB Cream Market
8.5.2. Mexico BB Cream Market
8.6. Rest of The World BB Cream Market

Chapter 9. Competitive Intelligence
9.1. Top Market Strategies
9.2. Company Profiles
9.2.1. L’Oréal S.A. Key Information Overview Financial (Subject to Data Availability) Product Summary Recent Developments
9.2.2. Unilever
9.2.3. The Estee Lauder Companies Inc.
9.2.4. Shiseido Company, Limited
9.2.5. Christian Dior SE
9.2.6. Missha US Inc.
9.2.7. Avon Products, Inc.
9.2.8. L’Occitane
9.2.9. Amorepacific Corporation
9.2.10. Etude House, Inc.
Chapter 10. Research Process
10.1. Research Process
10.1.1. Data Mining
10.1.2. Analysis
10.1.3. Market Estimation
10.1.4. Validation
10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

At Bizwit Research and Consultancy, we employ a thorough and iterative research methodology with the goal of minimizing discrepancies, ensuring the provision of highly accurate estimates and predictions over the forecast period. Our approach involves a combination of bottom-up and top-down strategies to effectively segment and estimate quantitative aspects of the market, utilizing our proprietary data & AI tools. Our Proprietary Tools allow us for the creation of customized models specific to the research objectives. This enables us to develop tailored statistical models and forecasting algorithms to estimate market trends, future growth, or consumer behavior. The customization enhances the accuracy and relevance of the research findings.
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Data Collection:
To determine the appropriate methods of data collection based on the research objectives, we consider both primary and secondary sources. Primary data collection involves gathering information directly from various industry experts in core and related fields, original equipment manufacturers (OEMs), vendors, suppliers, technology developers, alliances, and organizations. These sources encompass all segments of the value chain within the specific industry. Through in-depth interviews, we engage with key industry participants, subject-matter experts, C-level executives of major market players, industry consultants, and other relevant experts. This allows us to obtain and validate critical qualitative and quantitative information while evaluating market prospects. AI and Big Data are instrumental in our primary research, providing us with powerful tools to collect, analyze, and derive insights from data efficiently. These technologies contribute to the advancement of research methodologies, enabling us to make data-driven decisions and uncover valuable findings.
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Our team of experts carefully examine the gathered data using suitable statistical techniques and qualitative analysis methods. For quantitative analysis, we employ descriptive statistics, regression analysis, and other advanced statistical methods, depending on the characteristics of the data. This analysis may also incorporate the utilization of AI tools and big data analysis techniques to extract meaningful insights.
To ensure the accuracy and reliability of our findings, we extensively leverage data science techniques, which help us minimize discrepancies and uncertainties in our analysis. We employ Data Science to clean and preprocess the data, ensuring its quality and reliability. This involves handling missing data, removing outliers, standardizing variables, and transforming data into suitable formats for analysis. The application of data science techniques enhances our accuracy, efficiency, and depth of analysis, enabling us to stay competitive in dynamic market environments.
Market Size Estimation:
Our proprietary data tools play a crucial role in deriving our market estimates and forecasts. Each study involves the creation of a unique and customized model. The model incorporates the gathered information on market dynamics, technology landscape, application development, and pricing trends. AI techniques, such as machine learning and deep learning, aid us to analyze patterns within the data to identify correlations, trends, and relationships. By recognizing patterns in consumer behavior, purchasing habits, or market dynamics, our AI algorithms aid us in more precise estimations of market size. These factors are simultaneously analyzed within the model, allowing for a comprehensive assessment. To quantify their impact over the forecast period, correlation, regression, and time series analysis are employed.
To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.
In our forecasting process, we consider various parameters such as economic tools, technological analysis, industry experience, and domain expertise. By taking all these factors into account, we strive to produce accurate and reliable market forecasts. When forecasting, we take into consideration several parameters, which include:
Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
To assess the market impact of these parameters, we assign weights to each one and utilize weighted average analysis. This process allows us to quantify their influence on the market and derive an expected growth rate for the forecasted period. By considering these various factors and applying a weighted analysis approach, we strive to provide accurate and reliable market forecasts.
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