Skin Care Products Market By Product Type (Face Cream (Skin Brightening Cream, Anti-Ageing Cream, and Sun Protection Cream), Body lotion (Mass body Care Lotion and Premium Body Care Lotion), and By Region (North America, Europe, Latin America, Asia Pacific, Middle East, and Africa) - Trends, Analysis and Forecast till 2030

Report Code: PMI14319 | Publish Date: March 2024 | No. of Pages: 180

Global Skin Care Products Market Overview

Introduction:

Skin care products are generally up keeping the skin’s integrity, improve its look in addition to preserving skin conditions. It delivers the nutrition essential for the skin, though products such as sunscreens shield the skin from damaging UV-radiations, therefore aiding in the inhibition of skin cancer. The increasing personal care industry globally is fueling the growth of the skin care products market. As per the International Trade Administration (ITA), per capita expenditure on cosmetic products was estimated at USD 174 in Japan, USD 139 in the U.S., and about USD 171 in South Korea in 2014. Hence, the high per capita expenditure on cosmetic products is expected to lift the growth of the global market. Additionally, novel product introductions and numerous innovation in skin care products include organic personal care products, are some of the factors, driving the growth of the global market for skin care products. For instance, in 2017, Revlon Inc. introduced a series of Almay Kinetin Skincare Advanced Anti-Aging products. The skin care products market accounted for US$ 141.09 billion in 2020 and is estimated to be US$ 217.71 billion by 2030 and is anticipated to register a CAGR of 4.5%.

Global Skin Care Products Market Dynamics

Rising preference for probiotic skin care

Factors fueling the global market growth comprise a rising preference for probiotic skin care products, which contained probiotic bacteria, for example, Lactobacillus and Bifidobacterium. These bacteria are helpful to the skin. For instance, Aurelia Probiotic Skincare Miracle Cleanser, introduced by Aurelia, integrated these bacteria in its products. Besides, the demand for retinoid-based products and hyaluronic acid is on the rise due to its potent anti-aging properties of these products. These aids in treating concerns such as scars, acne, wrinkles, and sun damage. The increasing interest of buyers towards the personal grooming, coupled with their rising disposable incomes, is propelling the global market for skin care products worldwide. Further, the increasing demand for skin lightening products, the augmented acceptance of anti-aging products by the elderly population, aggressive marketing is also some of the key factors shifting consumers towards natural and organic products, and the escalating range of men’s skin care products are also boosting the target market considerably. However, the limited shelf life of the skin care product posed as a great challenge to the market growth.

Access Crucial Insights at a Fraction of the Cost | Request Your Discount

Global Skin Care Products Market Segmentation

??????This report segments the skin care products marketon the basis of product type and region.

On basis of product type segment includes face cream and body lotion. The face cream is further segmented into skin brightening cream, anti-ageing cream, and sun protection cream. The body lotion also further divided into mass body care lotion and premium body care lotion.

Regional Insights:

The skin care products market accounted for US$ 141.09 billion in 2020 and is estimated to be US$ 217.71 billion by 2030 and is anticipated to register a CAGR of 4.5%. For detailed understanding of market dynamics, the Skin Care Products market is analyzed across key geographical regions viz. North America, Europe, Asia Pacific, Latin America, Africa, and Middle East. Each of these regions is analyzed on basis of market findings across major countries in these regions for a macro-level understanding of the market.

Reduce costs by up to 30% with a custom report tailored to your specific needs | Request Customized Report

Report Scope:

Attribute	Details
Base year for estimation	2020
Forecast period	2020 – 2030
Market representation	Revenue in USD Million & CAGR from 2020 – 2030
Market Segmentation	By Product- Face Cream (Skin Brightening Cream, Anti-Ageing Cream, and Sun Protection Cream), Body lotion (Mass body Care Lotion and Premium Body Care Lotion
Regional scope	North America - U.S., Canada Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific Latin America - Brazil, Mexico, Argentina, Rest of Latin America Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa
Report coverage	Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2020 to 2030. For the purpose of this study, has segmented the skin care products market report based on product type, and region.

Skin care products Market, By Region:

- - North America
    - - U.S.
      - Canada
  - Europe
    - - Germany
      - UK
      - France
      - Russia
      - Italy
      - Rest of Europe
  - Asia Pacific
    - - China
      - India
      - Japan
      - South Korea
      - Rest of Asia Pacific
  - Latin America
    - - Brazil
      - Mexico
      - Rest of Latin America
  - Middle East & Africa
    - - GCC
      - Israel
      - South Africa
      - Rest of Middle East & Africa

Global Skin Care Products Market Key Players

Key players operating in the global skin care product market includes Johnson & Johnson, Unilever PLC, Avon Products Inc.,Beiersdorf AG, The Estee Lauder Companies Inc., L\'Oréal S.A., Colgate-Palmolive Company, Kao Corporation, Shiseido Company, and Procter & Gamble.

Global Skin Care Products Market Company Profile

Johnson & Johnson
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies

Unilever PLC
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
Avon Products Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
Beiersdorf AG
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
The Estee Lauder Companies Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
L\'Oréal S.A.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
Colgate-Palmolive Company
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
Kao Corporation
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
Shiseido Company
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
Procter & Gamble
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies

Global Skin Care Products Market Table of Contents

Table of Contents

Research Objective and Assumption

Research Objectives
Assumptions
Abbreviations

Market Purview

Report Description

Market Definition and Scope

Executive Summary

Market Snippet, By Product Type
Market Snippet, By Region

Opportunity Map Analysis

Market Dynamics Analysis

Market Dynamics

Drivers
Restraints
Market Opportunities
Market Trends
Drivers- Restraints Impact Analysis
PEST Analysis
Porter’s Five Forces Analysis

Global Skin Care Products Market, By Product Type, 2018 – 2028

Introduction

Market Size and Forecast (US$ Mn) (US$ Mn) , and Share Analysis (%), 2018 — 2028
Y-o-Y Growth Analysis (%), 2019 – 2028
Segment Trends

Face cream

Introduction
Market Size and Forecast (US$ Mn) (US$ Mn) , and Y-o-Y Growth (%), 2018 – 2028

§ Skin Brightening Cream

§ Introduction