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Bangladesh Skin Care Products Market Size, Share, Forecast: By Type: Facial Care, Body Care, Others; By Product: Face Creams and Moisturisers, Cleansers and Face Wash, Face Masks and Packs, Sunscreen, Body Creams and Moisturisers, Other; By Ingredient; By Price Category; By Gender; By Distribution Channel; Competitive Landscape; 2024-2032
Bangladesh Skin Care Products Market Outlook
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.
Key Trends in the Market
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.
- The growing demand for organic and natural skin care products that are devoid of any harmful ingredients such as parabens and sulphates is one of the crucial Bangladesh skin care products market trends. Consumers are gradually shifting towards organic skin care to avoid any detrimental effects of synthetic products on their skin.
- Several brands are providing halal-certified skin care products that are free of pork and alcohol-based ingredients, among others, to appeal to the Muslim community and environmentally conscious individuals in the country.
- With the rising focus on sustainability, many brands in Bangladesh are incorporating environmentally friendly packaging solutions in their skin care products, which further provides impetus to the Bangladesh skin care products market growth.
- The growing influence of beauty bloggers and social media influencers that offer product recommendations and share their skin care routine is expected to aid the market in the forecast period.
Market Analysis
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.
- 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.
- Natura &Co.
- Others
Market Share by Product
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.
Market Share by Distribution Channel
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.
Competitive Landscape
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.
Key Highlights of the Report
| 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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*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 Asia Pacific Skin Care Products Market Overview
8.1 Key Industry Highlights
8.2 Asia Pacific Skin Care Products Historical Market (2018-2023)
8.3 Asia Pacific Skin Care Products Market Forecast (2024-2032)
9 Bangladesh Skin Care Products Market Overview
9.1 Key Industry Highlights
9.2 Bangladesh Skin Care Products Historical Market (2018-2023)
9.3 Bangladesh Skin Care Products Market Forecast (2024-2032)
10 Bangladesh Skin Care Products Market by Type
10.1 Facial Care
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Body Care
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 Others
11 Bangladesh Skin Care Products Market by Product
11.1 Face Creams and Moisturisers
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Cleansers and Face Wash
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 Face Masks and Packs
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 Sunscreen
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Body Creams and Moisturisers
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Body Wash
11.6.1 Historical Trend (2018-2023)
11.6.2 Forecast Trend (2024-2032)
11.7 Others
12 Bangladesh Skin Care Products Market by Ingredient
12.1 Natural
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Chemical
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
13 Bangladesh Skin Care Products Market by Price Category
13.1 Premium
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 Mass
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
14 Bangladesh Skin Care Products Market by Gender
14.1 Men
14.1.1 Historical Trend (2018-2023)
14.1.2 Forecast Trend (2024-2032)
14.2 Women
14.2.1 Historical Trend (2018-2023)
14.2.2 Forecast Trend (2024-2032)
14.3 Unisex
14.3.1 Historical Trend (2018-2023)
14.3.2 Forecast Trend (2024-2032)
15 Bangladesh Skin Care Products Market by Distribution Channel
15.1 Supermarkets and Hypermarkets
15.1.1 Historical Trend (2018-2023)
15.1.2 Forecast Trend (2024-2032)
15.2 Convenience Stores
15.2.1 Historical Trend (2018-2023)
15.2.2 Forecast Trend (2024-2032)
15.3 Speciality Stores
15.3.1 Historical Trend (2018-2023)
15.3.2 Forecast Trend (2024-2032)
15.4 Online
15.4.1 Historical Trend (2018-2023)
15.4.2 Forecast Trend (2024-2032)
15.5 Others
16 Market Dynamics
16.1 SWOT Analysis
16.1.1 Strengths
16.1.2 Weaknesses
16.1.3 Opportunities
16.1.4 Threats
16.2 Porter’s Five Forces Analysis
16.2.1 Supplier’s Power
16.2.2 Buyer’s Power
16.2.3 Threat of New Entrants
16.2.4 Degree of Rivalry
16.2.5 Threat of Substitutes
16.3 Key Indicators for Demand
16.4 Key Indicators for Price
17 Trade Data Analysis (HS Code - 3304)
17.1 Major Importing Countries
17.1.1 By Volume
17.1.2 By Value
17.2 Major Exporting Countries
17.2.1 By Volume
17.2.2 By Value
18 Competitive Landscape
18.1 Market Structure
18.2 Company Profiles
18.2.1 Unilever PLC
18.2.1.1 Company Overview
18.2.1.2 Product Portfolio
18.2.1.3 Demographic Reach and Achievements
18.2.1.4 Certifications
18.2.2 Revlon, Inc.
18.2.2.1 Company Overview
18.2.2.2 Product Portfolio
18.2.2.3 Demographic Reach and Achievements
18.2.2.4 Certifications
18.2.3 Johnson & Johnson Private Limited
18.2.3.1 Company Overview
18.2.3.2 Product Portfolio
18.2.3.3 Demographic Reach and Achievements
18.2.3.4 Certifications
18.2.4 Beiersdorf AG
18.2.4.1 Company Overview
18.2.4.2 Product Portfolio
18.2.4.3 Demographic Reach and Achievements
18.2.4.4 Certifications
18.2.5 L'Oreal SA
18.2.5.1 Company Overview
18.2.5.2 Product Portfolio
18.2.5.3 Demographic Reach and Achievements
18.2.5.4 Certifications
18.2.6 Galderma laboratories, L.P.
18.2.6.1 Company Overview
18.2.6.2 Product Portfolio
18.2.6.3 Demographic Reach and Achievements
18.2.6.4 Certifications
18.2.7 Procter & Gamble Company
18.2.7.1 Company Overview
18.2.7.2 Product Portfolio
18.2.7.3 Demographic Reach and Achievements
18.2.7.4 Certifications
18.2.8 Bioaqua International Inc.
18.2.8.1 Company Overview
18.2.8.2 Product Portfolio
18.2.8.3 Demographic Reach and Achievements
18.2.8.4 Certifications
18.2.9 Lanbena Skincare Inc.
18.2.9.1 Company Overview
18.2.9.2 Product Portfolio
18.2.9.3 Demographic Reach and Achievements
18.2.9.4 Certifications
18.2.10 Natura &Co.
18.2.10.1 Company Overview
18.2.10.2 Product Portfolio
18.2.10.3 Demographic Reach and Achievements
18.2.10.4 Certifications
18.2.11 Others
19 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Skin Care Products Market: Key Industry Highlights, 2018 and 2032
2. Bangladesh Skin Care Products Market: Key Industry Highlights, 2018 and 2032
3. Bangladesh Skin Care Products Historical Market: Breakup by Type (USD Billion), 2018-2023
4. Bangladesh Skin Care Products Market Forecast: Breakup by Type (USD Billion), 2024-2032
5. Bangladesh Skin Care Products Historical Market: Breakup by Product (USD Billion), 2018-2023
6. Bangladesh Skin Care Products Market Forecast: Breakup by Product (USD Billion), 2024-2032
7. Bangladesh Skin Care Products Historical Market: Breakup by Ingredient (USD Billion), 2018-2023
8. Bangladesh Skin Care Products Market Forecast: Breakup by Ingredient (USD Billion), 2024-2032
9. Bangladesh Skin Care Products Historical Market: Breakup by Gender (USD Billion), 2018-2023
10. Bangladesh Skin Care Products Market Forecast: Breakup by Gender (USD Billion), 2024-2032
11. Bangladesh Skin Care Products Historical Market: Breakup by Price Category (USD Billion), 2018-2023
12. Bangladesh Skin Care Products Market Forecast: Breakup by Price Category (USD Billion), 2024-2032
13. Bangladesh Skin Care Products Historical Market: Breakup by Distribution Channel (USD Billion), 2018-2023
14. Bangladesh Skin Care Products Market Forecast: Breakup by Distribution Channel (USD Billion), 2024-2032
15. Major Exporting Countries by Value
16. Major Importing Countries by Value
17. Major Exporting Countries by Volume
18. Major Importing Countries by Volume
19. Bangladesh Skin Care Products Market Structure
Key Questions Answered in the Report
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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