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Malaysia Skin Care Products Market Size, Share, Forecast: By Type: Facial Care, Body Care, Others; By Ingredient: Natural, Chemical; By Gender: Men, Women; By Distribution Channel: Hypermarkets/Supermarkets, Convenience Stores, Specialty Stores, Online, Others; Market Dynamics: SWOT Analysis; Competitive Landscape; 2023-2028
Malaysia Skin Care Products Market Outlook
The Malaysia skin care products market size attained approximately USD 767.56 million in 2022. The market is estimated to grow at a CAGR of 2.5% in the forecast period of 2023-2028, reaching a value of around USD 877.98 million by 2028.
Key Trends in the Market
Skin care products are products that address specific skin concerns and improve the health and appearance of the skin. They come in various forms such as cleanser, moisturiser, toner, serum, sunscreen, masks, and other specific treatment products.
- The burgeoning popularity of Korean skincare and beauty products such as sheet masks, pressed serums, and eye creams due to their effective formulation and natural ingredients is one of the crucial Malaysia skin care products market trends.
- Skincare brands are focused on increasing the development of halal-certified skincare products due to the growing Muslim population in the country. These initiatives can aid market players to stay ahead of their competitors and expand their customer outreach.
- Growing demand for organic and natural skincare products due to the rising awareness regarding the harmful effects of chemicals on the skin and the environment is another factor supporting the Malaysia skin care products market growth.
- The tropical climate of the country fuels the demand for sunscreens, sunblock, and other skincare products with SPF that provide protection against a broad spectrum of UV rays.
Market Analysis
Based on type, the market is classified into facial care, and body care, among others. On the basis of ingredient, the market is bifurcated into natural and chemical. The Malaysia skin care products market segmentation, based on gender, includes men and women. On the basis of distribution channel, the market is divided into hypermarkets/supermarkets, 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 the Malaysia skin care products market, covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.
- The Estee Lauder Companies Inc.
- L'Oreal S. A.
- The Procter & Gamble Company
- Unilever PLC
- AMOREPACIFIC Malaysia Sdn. Bhd
- Johnson & Johnson Services, Inc.
- Shiseido Co., Ltd.
- Beiersdorf AG
- Group L'OCCITANE
- Avon Products Inc.
- Others
Market Share by Type
Facial care occupies a sizeable portion of the Malaysia skin care products market share due to the incorporation of facial care products such as cleanser, moisturiser, and sunscreen in daily skincare routine. These products provide cleansing, hydration, and UV protection benefits and address skin issues such as dryness, oiliness, and acne, among others. Furthermore, serums are gaining influence in skincare routine as they contain unique formulations and supplements that target specific skin conditions such as dehydration, fine lines, hyperpigmentation, and wrinkles, among others.
Market Share by Gender
As per the Malaysia skin care products market analysis, women account for a substantial share of the market owing to their rising awareness about skin health. The growing focus on self-care among women is also supporting the market. Malaysian women follow skincare rituals with primary products such as cleansers, face wash, moisturisers, eye cream, serums, and sunscreen, among others. Additionally, hormonal changes during the menstrual cycle, pregnancy, and menopause impact the skin and further bolster the demand for skincare products.
Competitive Landscape
The Estee Lauder Companies Inc. is a multinational cosmetics company, founded in 1946 and headquartered in New York, the United States. Its product portfolio includes skincare, haircare, beauty, and perfume products, among others.
L'Oreal S. A., established in 1909, is a personal care corporation, with its headquarters in Clichy, France. The brand focuses on cosmetics, skincare, perfumes, hair care, and hair colour products for men and women.
The Procter & Gamble Company, incorporated in 1837 and based in Ohio, the United States, is a consumer goods company. It provides personal healthcare, baby care, feminine care, hair care, and home care products, among others.
Other Malaysia skin care products market players include Unilever PLC, AMOREPACIFIC Malaysia Sdn. Bhd, Johnson & Johnson Services, Inc., Shiseido Co., Ltd., Beiersdorf AG, Group L'OCCITANE, and Avon Products Inc., among others.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| 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 Ingredient |
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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 Global Skin Care Products Market Overview
8.1 Key Industry Highlights
8.2 Global Skin Care Products Historical Market (2018-2022)
8.3 Global Skin Care Products Market Forecast (2023-2028)
8.4 Global Skin Care Products Market Share by Region
8.4.1 North America
8.4.2 Europe
8.4.3 Asia Pacific
8.4.4 Latin America
8.4.5 Middle East and Africa
9 Malaysia Skin Care Products Market Overview
9.1 Key Industry Highlights
9.2 Malaysia Skin Care Products Historical Market (2018-2022)
9.3 Malaysia Skin Care Products Market Forecast (2023-2028)
10 Malaysia Skin Care Products Market by Type
10.1 Facial Care
10.1.1 Historical Trend (2018-2022)
10.1.2 Forecast Trend (2023-2028)
10.2 Body Care
10.2.1 Historical Trend (2018-2022)
10.2.2 Forecast Trend (2023-2028)
10.3 Others
11 Malaysia Skin Care Products Market by Ingredient
11.1 Natural
11.1.1 Historical Trend (2018-2022)
11.1.2 Forecast Trend (2023-2028)
11.2 Chemical
11.2.1 Historical Trend (2018-2022)
11.2.2 Forecast Trend (2023-2028)
12 Malaysia Skin Care Products Market by Gender
12.1 Men
12.1.1 Historical Trend (2018-2022)
12.1.2 Forecast Trend (2023-2028)
12.2 Women
12.2.1 Historical Trend (2018-2022)
12.2.2 Forecast Trend (2023-2028)
13 Malaysia Skin Care Products Market by Distribution Channel
13.1 Hypermarkets/Supermarkets
13.1.1 Historical Trend (2018-2022)
13.1.2 Forecast Trend (2023-2028)
13.2 Convenience Stores
13.2.1 Historical Trend (2018-2022)
13.2.2 Forecast Trend (2023-2028)
13.3 Specialty Stores
13.3.1 Historical Trend (2018-2022)
13.3.2 Forecast Trend (2023-2028)
13.4 Online
13.4.1 Historical Trend (2018-2022)
13.4.2 Forecast Trend (2023-2028)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Trade Data Analysis (HS Code - 3304)
16.1 Major Importing Countries
16.1.1 By Volume
16.1.2 By Value
16.2 Major Exporting Countries
16.2.1 By Volume
16.2.2 By Value
17 Competitive Landscape
17.1 Market Structure
17.2 Company Profiles
17.2.1 The Estée Lauder Companies Inc.
17.2.1.1 Company Overview
17.2.1.2 Product Portfolio
17.2.1.3 Demographic Reach and Achievements
17.2.1.4 Certifications
17.2.2 L'Oréal S. A.
17.2.2.1 Company Overview
17.2.2.2 Product Portfolio
17.2.2.3 Demographic Reach and Achievements
17.2.2.4 Certifications
17.2.3 The Procter & Gamble Company
17.2.3.1 Company Overview
17.2.3.2 Product Portfolio
17.2.3.3 Demographic Reach and Achievements
17.2.3.4 Certifications
17.2.4 Unilever PLC
17.2.4.1 Company Overview
17.2.4.2 Product Portfolio
17.2.4.3 Demographic Reach and Achievements
17.2.4.4 Certifications
17.2.5 AMOREPACIFIC Malaysia Sdn. Bhd
17.2.5.1 Company Overview
17.2.5.2 Product Portfolio
17.2.5.3 Demographic Reach and Achievements
17.2.5.4 Certifications
17.2.6 Johnson & Johnson Services, Inc.
17.2.6.1 Company Overview
17.2.6.2 Product Portfolio
17.2.6.3 Demographic Reach and Achievements
17.2.6.4 Certifications
17.2.7 Shiseido Co., Ltd.
17.2.7.1 Company Overview
17.2.7.2 Product Portfolio
17.2.7.3 Demographic Reach and Achievements
17.2.7.4 Certifications
17.2.8 Beiersdorf AG
17.2.8.1 Company Overview
17.2.8.2 Product Portfolio
17.2.8.3 Demographic Reach and Achievements
17.2.8.4 Certifications
17.2.9 Group L'OCCITANE
17.2.9.1 Company Overview
17.2.9.2 Product Portfolio
17.2.9.3 Demographic Reach and Achievements
17.2.9.4 Certifications
17.2.10 Avon Products Inc.
17.2.10.1 Company Overview
17.2.10.2 Product Portfolio
17.2.10.3 Demographic Reach and Achievements
17.2.10.4 Certifications
17.2.11 Others
18 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Skin Care Products Market: Key Industry Highlights, 2018 and 2028
2. Malaysia Skin Care Products Market: Key Industry Highlights, 2018 and 2028
3. Malaysia Skin Care Products Historical Market: Breakup by Type (USD Million), 2018-2022
4. Malaysia Skin Care Products Market Forecast: Breakup by Type (USD Million), 2023-2028
5. Malaysia Skin Care Products Historical Market: Breakup by Ingredient (USD Million), 2018-2022
6. Malaysia Skin Care Products Market Forecast: Breakup by Ingredient (USD Million), 2023-2028
7. Malaysia Skin Care Products Historical Market: Breakup by Gender (USD Million), 2018-2022
8. Malaysia Skin Care Products Market Forecast: Breakup by Gender (USD Million), 2023-2028
9. Malaysia Skin Care Products Historical Market: Breakup by Distribution Channel (USD Million), 2018-2022
10. Malaysia Skin Care Products Market Forecast: Breakup by Distribution Channel (USD Million), 2023-2028
11. Major Importing Countries by Volume
12. Major Exporting Countries by Volume
13. Major Importing Countries by Value
14. Major Exporting Countries by Value
15. Malaysia Skin Care Products Market Structure
Key Questions Answered in the Report
In 2022, the market reached an approximate value of USD 767.56 million.
The market is assessed to grow at a CAGR of 2.5% between 2023 and 2028.
The market is estimated to witness a healthy growth in the forecast period of 2023-2028, reaching a value of around USD 877.98 million by 2028.
The major market drivers are rising awareness regarding skin health, an increase in the population of working women in the country, and the growing influence of social media and influencers.
The key trends of the market include the growing popularity of Korean skincare products in the country, the development of halal-certified products, increasing demand for organic and natural products, and high demand for sunscreen.
Various types of skin care products are facial care, and body care, among others.
Different ingredients used in skin care products are natural and chemical.
The key players in the market are The Estée Lauder Companies Inc., L'Oreal S. A., The Procter & Gamble Company, Unilever PLC, AMOREPACIFIC Malaysia Sdn. Bhd, Johnson & Johnson Services, Inc., Shiseido Co., Ltd., Beiersdorf AG, Group L'OCCITANE, and Avon Products Inc., among others.
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