Procter & Gamble, Koninklijke Philips N.V., and NU SKIN are Dominating the Europe Smart Facial Cleansing Devices Market in 2020

The Europe Smart Facial Cleansing Devices Market is expected to grow with a CAGR of 11.3% in the forecast period of 2021 to 2028. The years considered for the study are as mentioned below.

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The smart facial cleansing devices market is a highly consolidated market, which includes a specific number of key players as well as local players. The market has witnessed increased strategic developments owing to favourable market scenarios.

The major players dealing in Europe smart facial cleansing devices market are introducing a strong range of product portfolios. This helped the companies to maximize sales with an enhanced product portfolio.

For instance,

  • In June 2021, Procter & Gamble launched a new skincare line under 'GoodSkin MD.' The product was launched to satisfy the growing needs of consumers in terms of skin and personal care.
  • In February 2021, NU SKIN launched its first epoch collection beauty brand with new eco-pac packing, significantly decreasing plastic use and carbon emissions. This product was launched to offer consumers more variety of eco-friendly skincare products.

Europe Smart Facial Cleansing Devices Market Procter & Gamble

Procter & Gamble has its headquarter in Ohio, U.S., and was founded in the year 1837 as public ownership. The company is engaged in manufacturing fast-moving consumer goods. The company has different business segments, which include beauty, grooming, health care, fabric & home care, baby, and feminine and family care, out of which beauty is our market focused segment. The company has a wide range of products which are brands, innovation, product safety, ingredients. Among these, market focused category is brands. The company has a wide global presence across the Asia-Pacific, Europe, Middle East, and Africa, and Americas. The company has subsidiaries which are The Gillette Company (U.S.); Procter and Gamble Hygiene and Health Care (India); Braun (Germany); Vitaminhaus Pty Ltd (Australia); Londa GmbH (Germany), among others.

  • In June 2021, Procter & Gamble launched a new skincare line under 'GoodSkin MD.' The product was launched to satisfy the growing needs of consumers in terms of skin and personal care.

Koninklijke Philips N.V.

Koninklijke Philips N.V. has its headquarter in Amsterdam, Netherlands, and was founded in 1891 as public ownership. The company is engaged in manufacturing health care products and providing health care treatments. The company has business segments diagnosis and treatment, connected care, personal health, and others out of which personal health is our market focused segment. The company has a wide range of products which include personal care, household products, mother and child care, health, lighting, sound and vision, automotive, parts & accessories, among which personal care is our market focused product category. The company has a wide global presence across the Asia-Pacific, Europe, Middle East, and Africa, and Americas.  The company has subsidiaries Respironics Inc, (U.S,), Philips Saceo S.p.A(Italy), Magnavox(U.S,), Dynalite(Australia), Strand lighting (U.S).

  • In May 2021, Koninklijke Philips N.V. has renewed its strategic partnership with the Ellen MacArthur Foundation for three years. The renewed partnership will focus on circular design and circular economy metrics.

NU SKIN

NU SKIN has its headquarters in Utah, U.S., and was founded in 1984. The company is engaged in manufacturing and selling personal care products and dietary supplements. The company has business segments that include personal care, wellness, and others. Among these, personal care is our market focused segment. The company has a wide range of product categories which are Anti-Ageing Approach, Shop Nu Skin, Shop Pharmanex, Shop Kits, and Branded Items, out of which Shop Nu Skin is our market-focused product category. The company has a wide global presence across the Asia-Pacific, Europe, Middle East, and Africa, and Americas. The company has subsidiaries Pharmanex, LLC (U.S.); Nu Skin Japan Co., Ltd.(Japan); Nu Skin Korea Co., Ltd. (Korea); PT. Nusa Selaras (Indonesia) among others.

  • In February 2021, NU SKIN launched its first epoch collection beauty brand with new eco-pac packing, significantly decreasing plastic use and carbon emissions. This product was launched to offer consumers more variety of eco-friendly skincare products.