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Global Skin Care Products Market: By Type: Facial Care, Body Care, Others; By Ingredient: Natural, Chemical; By Gender: Men, Women; By Distribution Channel: Hypermarkets/Supermarkets, Others; Regional Analysis; Historical Market and Forecast (2017-2027); Market Dynamics; Competitive Landscape; Industry Events and Developments
Global Skin Care Products Market Outlook
The global skin care products market attained USD 148 billion in 2020. The market is expected to grow at a CAGR of 4.2% between 2021 and 2026, to attain USD 189 billion by 2026.
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Growing Perception of One's Looks and Skin Quality to Boost the Market Growth
In the skin care products industry, the growing perception of one's looks and skin quality, combined with the increasing purchasing power of people worldwide, are major factors driving the market growth. In addition to major investments in research and development to produce new products, ambitious marketing campaigns by existing players have also contributed to the substantial revenue increase. Furthermore, the pervasive contaminated climate, global warming, and the active lifestyle that impacts the consistency of the skin have also strengthened the accelerated adoption of products that help protect the skin and avoid any harm to it. Regionally, North America and Europe lead the global skin care products market as they contribute to majority of the market share. However, the Asia Pacific region is expected to grow at a rapid pace due to rising demand from developing countries such as China and India. Further, the growing perception of organic products and the rising prosperity of the middle-class population have facilitated a significant upswing in the region's skin care products industry.
Skin Care Products: Market Segmentation
Skin care products comprise treatments that promote the integrity of the skin, improve its attractiveness, and cure skin disorders. Nutrition, prevention of unnecessary sun exposure, and proper use of emollients are provided by the skin care products.
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By type, the market is divided into:
- Facial Care
- Body Care
- Others
The facial care is divided on the basis of product type into cleansers, moisturisers, facial scrubs, maska and packs, oils and serum, special creams, and others, whereas body lotion is divided on the basis of product type into body care, body wash, and others.
On the basis of ingredient, the market is bifurcated into:
- Natural
- Chemical
Based on gender, the market is segmented into:
- Men
- Women
By distribution channel, the market is divided into:
- Hypermarkets/Supermarkets
- Convenience Stores
- Specialty Stores
- Online
- Others
The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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Growing E-Commerce Platforms to Propel Market Growth
The growing usage of online platforms to reach out to a broader customer base is a recent visible development in the skin care products industry. Savvy firms and dealers are increasingly turning to e-commerce to raise revenue. The increased prevalence of organic skin products without synthetically produced additives is yet another significant development witnessed in the global skin care products industry. Every now and then, brands unveil new skin care goods made with natural or organic ingredients to catch customer interest. Owing to the increasing knowledge of the potential side effects of chemical-based skin care products goods, those products, while pricey, are attracting substantial sales worldwide. The prohibition on animal testing is limiting development in the industry. This has had a negative effect on the industry, especially on small and medium-sized producers. Also, the selling of pseudo goods at discounted prices is hindering the market.
Key Industry Players in the Global Skin Care Products Market
The report gives a detailed analysis of the following key players in the global skin care products market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
- The Procter & Gamble Company
- Unilever Plc
- Kao Corporation
- Revlon, Inc.
- The Estée Lauder Companies Inc.
- Beiersdorf AG
- New Avon Company
- L'Oréal S.A.
- 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.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2020 |
| Historical Period | 2017-2021 |
| Forecast Period | 2022-2027 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Type, Ingredient, Gender, Distribution Channel, Region |
| Breakup by Type | Facial Care, Body Care, Others |
| Breakup by Ingredient | Natural, Chemical |
| Breakup by Gender | Men, Women |
| Breakup by Distribution Channel | Hypermarkets/Supermarkets, Convenience Stores, Specialty Stores, Online, Others |
| Breakup by Region | North America, Latin America, Europe, Middle East and Africa, Asia Pacific |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | The Procter & Gamble Company, Unilever Plc, Kao Corporation, Revlon, Inc., The Estée Lauder Companies Inc., Beiersdorf AG, New Avon Company, L'Oréal S.A., Others |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual 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 Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Skin Care Products Market Analysis
8.1 Key Industry Highlights
8.2 Global Skin Care Products Historical Market (2017-2021)
8.3 Global Skin Care Products Market Forecast (2022-2027)
8.4 Global Skin Care Products Market by Type
8.4.1 Facial Care
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2017-2021)
8.4.1.3 Forecast Trend (2022-2027)
8.4.1.4 By Product Type
8.4.1.4.1 Cleaners
8.4.1.4.2 Moisturisers
8.4.1.4.3 Facial Scrubs, Masks and Packs
8.4.1.4.4 Oils and Serum
8.4.1.4.5 Special Creams
8.4.1.4.6 Others
8.4.2 Body Care
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2017-2021)
8.4.2.3 Forecast Trend (2022-2027)
8.4.2.4 By Product Type
8.4.2.4.1 Body Lotion
8.4.2.4.2 Body Wash
8.4.2.4.3 Others
8.4.3 Others
8.5 Global Skin Care Products Market by Ingredient
8.5.1 Natural
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2017-2021)
8.5.1.3 Forecast Trend (2022-2027)
8.5.2 Chemical
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2017-2021)
8.5.2.3 Forecast Trend (2022-2027)
8.6 Global Skin Care Products Market by Gender
8.6.1 Men
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2017-2021)
8.6.1.3 Forecast Trend (2022-2027)
8.6.2 Women
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2017-2021)
8.6.2.3 Forecast Trend (2022-2027)
8.7 Global Skin Care Products Market by Distribution Channel
8.7.1 Hypermarkets/Supermarkets
8.7.1.1 Market Share
8.7.1.2 Historical Trend (2017-2021)
8.7.1.3 Forecast Trend (2022-2027)
8.7.2 Convenience Stores
8.7.2.1 Market Share
8.7.2.2 Historical Trend (2017-2021)
8.7.2.3 Forecast Trend (2022-2027)
8.7.3 Speciality Stores
8.7.3.1 Market Share
8.7.3.2 Historical Trend (2017-2021)
8.7.3.3 Forecast Trend (2022-2027)
8.7.4 Online
8.7.4.1 Market Share
8.7.4.2 Historical Trend (2017-2021)
8.7.4.3 Forecast Trend (2022-2027)
8.7.5 Others
8.8 Global Skin Care Products Market by Region
8.8.1 Market Share
8.8.1.1 North America
8.8.1.2 Europe
8.8.1.3 Asia Pacific
8.8.1.4 Latin America
8.8.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2017-2021)
9.1.2 Forecast Trend (2022-2027)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2017-2021)
9.2.2 Forecast Trend (2022-2027)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2017-2021)
9.3.2 Forecast Trend (2022-2027)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2017-2021)
9.4.2 Forecast Trend (2022-2027)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2017-2021)
9.5.2 Forecast Trend (2022-2027)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis
12 Competitive Landscape
12.1 Market Structure
12.2 Company Profiles
12.2.1 The Procter & Gamble Company
12.2.1.1 Company Overview
12.2.1.2 Product Portfolio
12.2.1.3 Demographic Reach and Achievements
12.2.1.4 Certifications
12.2.2 Unilever Plc
12.2.2.1 Company Overview
12.2.2.2 Product Portfolio
12.2.2.3 Demographic Reach and Achievements
12.2.2.4 Certifications
12.2.3 Kao Corporation
12.2.3.1 Company Overview
12.2.3.2 Product Portfolio
12.2.3.3 Demographic Reach and Achievements
12.2.3.4 Certifications
12.2.4 Revlon, Inc.
12.2.4.1 Company Overview
12.2.4.2 Product Portfolio
12.2.4.3 Demographic Reach and Achievements
12.2.4.4 Certifications
12.2.5 The Estée Lauder Companies Inc.
12.2.5.1 Company Overview
12.2.5.2 Product Portfolio
12.2.5.3 Demographic Reach and Achievements
12.2.5.4 Certifications
12.2.6 Beiersdorf AG
12.2.6.1 Company Overview
12.2.6.2 Product Portfolio
12.2.6.3 Demographic Reach and Achievements
12.2.6.4 Certifications
12.2.7 New Avon Company
12.2.7.1 Company Overview
12.2.7.2 Product Portfolio
12.2.7.3 Demographic Reach and Achievements
12.2.7.4 Certifications
12.2.8 L'Oréal S.A.
12.2.8.1 Company Overview
12.2.8.2 Product Portfolio
12.2.8.3 Demographic Reach and Achievements
12.2.8.4 Certifications
12.2.9 Others
13 Industry Events and Developments
List of Key Figures and Tables
1. Global Skin Care Products Market: Key Industry Highlights, 2016 and 2026
2. Global Skin Care Products Historical Market: Breakup by Product Type (USD Billion), 2017-2021
3. Global Skin Care Products Market Forecast: Breakup by Product Type (USD Billion), 2022-2027
4. Global Skin Care Products Historical Market: Breakup by Gender (USD Billion), 2017-2021
5. Global Skin Care Products Market Forecast: Breakup by Gender (USD Billion), 2022-2027
6. Global Skin Care Products Historical Market: Breakup by Distributional Channel (USD Billion), 2017-2021
7. Global Skin Care Products Market Forecast: Breakup by Distributional Channel (USD Billion), 2022-2027
8. Global Skin Care Products Historical Market: Breakup by Region (USD Billion), 2017-2021
9. Global Skin Care Products Market Forecast: Breakup by Region (USD Billion), 2022-2027
10. North America Skin Care Products Historical Market: Breakup by Country (USD Billion), 2017-2021
11. North America Skin Care Products Market Forecast: Breakup by Country (USD Billion), 2022-2027
12. Europe Skin Care Products Historical Market: Breakup by Country (USD Billion), 2017-2021
13. Europe Skin Care Products Market Forecast: Breakup by Country (USD Billion), 2022-2027
14. Asia Pacific Skin Care Products Historical Market: Breakup by Country (USD Billion), 2017-2021
15. Asia Pacific Skin Care Products Market Forecast: Breakup by Country (USD Billion), 2022-2027
16. Latin America Skin Care Products Historical Market: Breakup by Country (USD Billion), 2017-2021
17. Latin America Skin Care Products Market Forecast: Breakup by Country (USD Billion), 2022-2027
18. Middle East and Africa Skin Care Products Historical Market: Breakup by Country (USD Billion), 2017-2021
19. Middle East and Africa Skin Care Products Market Forecast: Breakup by Country (USD Billion), 2022-2027
20. Global Skin Care Products Market Structure
Key Questions Answered in the Report
In 2020, the global skin care products market attained a value of nearly USD 148 billion.
The market is projected to grow at a CAGR of 4.2% between 2021 and 2026.
The major factors driving the industry are the changing perspective of one's appearance and skin condition, increasing expenditure on skincare, polluted climate, increasing purchasing power of people, and busy lifestyles.
The key industry trends propelling the market are the rising popularity of organic skin products and growing research and development activities by market players to produce newer products.
The major regions in the industry are North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific with North America and Europe accounting for the largest share in the market.
By type, the market is divided into facial care and body care, among others. Facial care is further divided into cleansers, moisturisers, facial scrubs, masks and packs, oils and serum, and special creams, among others, whereas body care is divided into body lotion and body wash, among others.
Natural and chemical are the ingredients in the industry.
The gender includes men and women.
The distribution channels are divided into hypermarkets/supermarkets, convenience stores, speciality stores, and online, among others.
The major players in the industry are The Procter & Gamble Company, Unilever Plc, Kao Corporation, Revlon, Inc., The Estée Lauder Companies Inc., Beiersdorf AG, New Avon Company, and L'Oréal S.A., among others.
Analyst Review
The global skin care products market attained a value of USD 148 billion in 2020, driven by the changing perspective of one's appearance and skin condition. Aided by the growing technological advancements and the rising popularity of organic skin products, the market is expected to witness a further growth in the forecast period of 2022-2027, growing at a CAGR of 4.2%.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on its types, the global skin care products industry can be segmented into facial care and body care, among others. Facial care is further divided into cleansers, moisturisers, facial scrubs, masks and packs, oils and serum, and special creams, among others, whereas body care is divided into body lotion and body wash, among others. By ingredient, the industry can be primarily divided into natural and chemical. The breakup by gender can be classified into men and women. On the basis of distribution channels, the market is divided into hypermarkets/supermarkets, convenience stores, specialty stores, and online, among others. The major regional markets for skin care products are North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific, with North America and Europe accounting for the largest share of the market. The key players in the above market include The Procter & Gamble Company, Unilever Plc, Kao Corporation, Revlon, Inc., The Estée Lauder Companies Inc., Beiersdorf AG, New Avon Company, and L'Oréal S.A., among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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