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Global Skin Care Products Market – Industry Trends and Forecast to 2029

  • FMCG
  • Upcoming Report
  • Mar 2022
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Global Skin Care Products Market, By Type (Facial Care, Lip Care, Body Care), Category (Mass Body Care, Premium Body Care), Ingredient (Chemical, Natural), Distribution Channel (Specialist Retail Stores, Supermarkets/Hypermarkets, Convenience Stores, Pharmacies/Drug Stores, Online Retail Channels, Other Distribution Channels), End User (Male, Female, Unisex) – Industry Trends and Forecast to 2029.

Skin Care Products Market

Global Skin Care Products Market Analysis and Size

The skin care products have been utilized in the regular replenishment of the dying skin cells among people globally. These products are known to counter the signs of aging, such as fines lines, age spots and wrinkles while maintaining the skin health.

  • The rapid change in lifestyle is escalating the growth of skin care products market. Global Skin Care Products Market was valued at USD 163.25 million in 2021 and is expected to reach USD 247.51 million by 2029, registering a CAGR of 5.10% during the forecast period of 2022-2029. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and consumer behaviour.

Global Skin Care Products Market Definition

Skin care products refer to the type of products that are utilized for improving and maintaining the appearance of human skin. Wide range of products are available for the consumers, including toners, oils and serums, cleansers, body lotions, and creams with beta-hydroxy acids, retinol and alpha-hydroxy acids as some of their key ingredients.

Report Scope and Market Segmentation

Report Metric

Details

Forecast Period

2022 to 2029

Base Year

2021

Historic Years

2020 (Customizable to 2019 - 2014)

Quantitative Units

Revenue in USD Million, Volumes in Units, Pricing in USD

Segments Covered

Type (Facial Care, Lip Care, Body Care), Category (Mass Body Care, Premium Body Care), Ingredient (Chemical, Natural), Distribution Channel (Specialist Retail Stores, Supermarkets/Hypermarkets, Convenience Stores, Pharmacies/Drug Stores, Online Retail Channels, Other Distribution Channels), End User (Male, Female, Unisex)

Countries Covered

U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America

Market Players Covered

L’Oreal S.A. (France), Unilever PLC (UK), Beiersdorf AG (Germany), Colgate-Palmolive Company (US), The Estee Lauder Company Inc. (US), Johnson & Johnson (US), Avon Products Inc. (UK), Shiseido Company Ltd. (Japan), Procter & Gamble. (US), Revlon Incorporation (US), Gillette (US), Nivea (Germany), Pantene (Switzerland), Head & Shoulders (US), Garnier (France), Maybelline (US), Clarins (France), Lancome (France), Mac (US), Palmolive (US), Sulwahsoo (South Korea), The Body Shop (UK), Clinique (US), Chanel (France), Estee Lauder (US), among others

Market Opportunities

  • Rise in the trend of natural ingredient-based skincare products
  • Rapid expansion of the e-commerce sector
  • Increase in the demand for various products

Skin Care Products Market Dynamics

This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:

Drivers

  • Expansion of E-Commerce Sector

The rapid expansion of the e-commerce sector due to the growing urbanization acts as one of the major factors driving the growth of skin care products market.

  • Demand for Various Products

The increase in the demand for various products, such as face creams, sunscreens, and body lotions owing to the rise in beauty consciousness among population accelerate the market growth.

  • Rise in Awareness

The rise in awareness towards advanced skin care products along with high social media penetration further influence the market.

Opportunities

Furthermore, rise in the trend of natural ingredient-based skincare products extend profitable opportunities to the market players in the forecast period of 2022 to 2029. Also, surge in investments in the research and development of products will further expand the market.

Restraints/Challenges Global Skin Care Products Market

On the other hand, concerns regarding chemicals used in manufacturing of skin care products are expected to obstruct market growth. Also, limited shelf life of the skin care products is projected to challenge the skin care products market in the forecast period of 2022-2029.

This skin care products market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on skin care products market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Covid-19 Impact on Skin Care Products Market

The COVID-19 has impacted skin care products market. The limited investment costs and lack of employees hampered sales and production of skin care products. However, market key players adopted new safety measures for developing the products. The online distribution channel changing the shopping habits of people as it offers benefits such as easy payment methods, availability of a wide range of products, doorstep delivery and heavy discounts assisted in the growth of the market during the pandemic, and will further accelerate the growth during the post-pandemic situation.

Recent Developments

  • Gillette launched Planet KIND in 2021 as their new shaving and skincare brand. The Planet KIND packaging is known to be 85% recycled plastic, 85% recycled paper, or infinitely recyclable aluminum. The brand includes face wash, and moisturizer, among others.

Global Skin Care Products Market Scope and Market Size

The skin care products market is segmented on the basis of type, category, ingredient, distribution channel and end user. The growth amongst these segments will help you analyze meager growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Type

  • Facial Care
  • Lip Care
  • Body Care

On the basis of type, the skin care products market has been segmented as facial care, lip care and body care.

Category

  • Mass Body Care
  • Premium Body Care

On the basis of category, the skin care products market has been segmented as mass body care and premium body care.

Ingredient

  • Chemical
  • Natural

Skin care products market has also been segmented on the basis of ingredient into chemical and natural.

Distribution Channel

  • Specialist Retail Stores
  • Supermarkets/Hypermarkets
  • Convenience Stores
  • Pharmacies/Drug Stores
  • Online Retail Channels
  • Other Distribution Channels

On the basis of distribution channel, the skin care products market has been segmented as specialist retail stores, supermarkets/hypermarkets, convenience stores, pharmacies/drug stores, online retail channels and other distribution channels.

End User

  • Male
  • Female
  • Unisex

On the basis of end user, the skin care products market has been segmented into male, female and unisex.

Skin Care Products Market Regional Analysis/Insights

The skin care products market is analysed and market size insights and trends are provided by country, type, category, ingredient, distribution channel and end user as referenced above.

The countries covered in the skin care products market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

Asia-Pacific dominates the skin care products market because of the expansion of the chemical industry and favourable regulatory support within the region.

North America is expected to witness significant growth during the forecast period of 2022 to 2029 because of the rise in the consumer demand for specific skincare solutions in the region.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Skin Care Products Market Share Analysis

The skin care products market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to skin care products market.

Some of the major players operating in the skin care products market are

  • L’Oreal S.A. (France)
  • Unilever PLC (UK)
  • Beiersdorf AG (Germany)
  • Colgate-Palmolive Company (US)
  • The Estee Lauder Company Inc. (US)
  • Johnson & Johnson (US)
  • Avon Products Inc. (UK)
  • Shiseido Company Ltd. (Japan)
  • Procter & Gamble. (US)
  • Revlon Incorporation (US)
  • Gillette (US)
  • Nivea (Germany)
  • Pantene (Switzerland)
  • Head & Shoulders (US)
  • Garnier (France)
  • Maybelline (US)
  • Clarins (France)
  • Lancome (France)
  • Mac (US)
  • Palmolive (US)
  • Sulwahsoo (South Korea)
  • The Body Shop (UK)
  • Clinique (US)
  • Chanel (France)
  • Estee Lauder (US)

Research Methodology : Global Skin Care Products Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and estimated using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts https://www.databridgemarketresearch.com/speak-to-analyst/?dbmr=global-skin-care-products-market

Customization Available : Global Skin Care Products Market

Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Factbook) or can assist you in creating presentations from the data sets available in the report.


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Frequently Asked Questions

The Skin Care Products Market is expected USD 247.51 million by 2029.
The Skin Care Products Market is Expected to Witness CAGR of 5.10% During the Forecast Period of 2022 to 2029.
The Major Players Operating in the Skin Care Products Market are L’Oreal S.A. (France), Unilever PLC (UK), Beiersdorf AG (Germany), Colgate-Palmolive Company (US), The Estee Lauder Company Inc. (US), Johnson & Johnson (US), Avon Products Inc. (UK), Shiseido Company Ltd. (Japan), Procter & Gamble. (US), among others.
The Countries Covered in the Skin Care Products Market Report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
The Skin Care Products Market Report Curated by the Data Bridge Market Research Team Includes In-Depth Expert Analysis, Patient Epidemiology, Pipeline Analysis, Pricing Analysis, and Regulatory Framework.