News

CeraVes Moisturizing Formula Takes Market by Surprise

Dec, 2021 - By WMR

CeraVes Moisturizing Formula Takes Market by Surprise

CeraVe is facing huge demand in the market for its moisturizing cream formula and hence has become one of the fastest-growing cosmetics brands.

This year while many other brands have failed to boost their profit margins, CeraVe's moisturizing cream has reached its epitome of success. The packaging is very plain and the name is a little tricky to pronounce, but this has not hindered the booming market demand for CeraVe.

15 years ago CeraVe co-developed this moisturizing formula to tackle dry skin, with American dermatologists and overnight it took the social media by surprise mainly due to influencers. According to L’Oréal’s chairman and chief executive officer, Jean-Paul Argon, the brand is getting all the popular reviews worldwide.

CeraVe's sales profit in the first half of the year notched up to 82% and created such a huge demand that the products got sold out only in certain markets. According to analysts, by the end of 2020, CeraVe will be accumulating US$ 600 million in revenue.

When compared with all the other beauty products, dermo-cosmetic products have always been the talk of the market in terms of demand. CeraVe's plain labeling which highlights only the benefits of healthy skin, is the main factor responsible for the huge demand.

World's top-class dermatologists have given the nod of approval to CeraVe and will be recommending it to patients soon. Hyram Yarbro, a skin expert, and an influencer has talked about CeraVe in vlogs on YouTube and TikTok. Apart from moisturizers, CeraVe also produces cleansers, sunscreens, ointments, and a range of baby care products. The prices ranges from €5 to €25. According to L’Oréal, CeraVe is the fastest-growing skincare brand in the U.S. market.

Tom Allison, one of CeraVe's co-founders created a Twitter account just a year ago to be in direct contact with medical professionals and customers. Today he has almost 400,000 followers and has been tagged as a verified influencer. CeraVe is now planning to collaborate with more skin-care influencers, which can give the brand more exposure.

Happy To Assist You

Contact Images

We will be happy to help you find what you need. Please call us or write to us:

Contact us

mapicon
Sales Office (U.S.):
Worldwide Market Reports, 1001 4th Ave, #3200 Seattle, WA 98154, U.S.

mapicon+1-415-871-0703

mapicon
Asia Pacific Intelligence Center (India):
Worldwide Market Reports 203, 2nd Floor, Bremen Business Center, Aundh, Pune, Maharashtra 411007, India.

Newsletter

Want us to send you latest updates of the current trends, insights, and more, signup to our newsletter (for alerts, special offers, and discounts).

Secure Payment By:
paymenticon

This website is secured Origin CA certificate on the server, Comodo, Firewall and Verified Sitelock Malware Protection

secureimg

© 2021 Worldwide Market Reports. All rights reserved