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The Bangladesh skin care products market size reached approximately USD 1.68 billion in 2023. The market is estimated to grow at a CAGR of 5.1% in the forecast period of 2024-2032, reaching a value of around USD 2.64 billion by 2032.
Skin care products encompass products that nourish, moisturise, protect, replenish, and improve the texture and complexion of the skin. These products also address skin concerns such as acne, dryness, oiliness, uneven skin tone, and increased sensitivity, among others.
Based on type, the market is divided into facial care, and body care, among others. On the basis of product, the Bangladesh skin care products market is classified into face creams and moisturisers, cleansers and face wash, face masks and packs, sunscreen, body creams and moisturisers, and body wash, among others.
Based on ingredient, the market is bifurcated into natural and chemical. On the basis of price category, the market is categorised into premium and mass. The Bangladesh skin care products market segmentation, based on gender, includes men, women, and unisex. On the basis of distribution channel, the market is divided into supermarkets and hypermarkets, convenience stores, speciality stores, and online, among others.
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in Bangladesh skin care products market, covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.
Face creams and moisturisers occupy a significant portion of the Bangladesh skin care products market share as they are an integral part of the basic skin care regime. These products provide hydration, keep the skin vibrant, prevent acne, and reduce early signs of ageing such as wrinkles, fine lines, and crowfeet, which makes them a holy grail of skin care. With the surge in animal welfare awareness among Bangladeshi consumers, market players are incorporating vegan or plant-based ingredients in their product lines.
As per the Bangladesh skin care products market analysis, supermarkets and hypermarkets account for a substantial share of the market owing to the availability of a wide range of skin care brands in these stores. These distribution channels offer attractive offers, discounts, and sales, which makes them an attractive option for consumers. The convenience of easy commute and accessibility to Bangladeshi consumers is also instrumental in the growth of this segment. Similarly, online channels are expected to witness lucrative growth in the forecast period due to the ease of shopping and lower product prices.
Unilever PLC is a packaged goods company that was founded in 1929 and has its headquarters in London, the United Kingdom. The company includes a comprehensive range of product brands such as Ben and Jerry’s, Domestos, Dove, Knorr, and Lifebuoy, among others.
Revlon, Inc., incorporated in 1932, is a major cosmetics and skin care company, based in New York, the United States. The company provides animal cruelty-free products that have undergone safety assessments by experts.
Johnson & Johnson Private Limited, established in 1886, is a provider of pharmaceutical, medical, and consumer health products. The company, headquartered in New Jersey, the United States, provides its products under the brand names of Kenvue, Janssen, and Vision Care, among others.
Other Bangladesh skin care products market players include Beiersdorf AG, L'Oreal SA, Galderma laboratories, L.P., Procter & Gamble Company, Bioaqua International Inc., Lanbena Skin care Inc., and Natura &Co., among others.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Type |
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Breakup by Product |
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Breakup by Ingredient |
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Breakup by Price Category |
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Breakup by Gender |
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Breakup by Distribution Channel |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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In 2023, the market reached an approximate value of USD 1.68 billion.
The market is projected to grow at a CAGR of 5.1% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032, reaching a value of around USD 2.64 billion by 2032.
The major market drivers are growing consumer awareness regarding the benefits of skin care and the rise in disposable incomes in the country.
The key trends of the market include growing demand for organic and natural skin care products, the rising preference for halal-certified skin care products, the robust popularity of environmentally friendly packaging solutions, and the growing influence of beauty bloggers and social media influencers.
Various ingredients used in skin care products are natural and chemical.
Different price categories are premium and mass.
The key players in the market are Unilever PLC, Revlon, Inc., Johnson & Johnson Private Limited, Beiersdorf AG, L'Oreal SA, Galderma laboratories, L.P., Procter & Gamble Company, Bioaqua International Inc., Lanbena Skin care Inc., and Natura &Co., among others.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124
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