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Skin Care Products Market

Global Skin Care Products Market Analysis, Growth, Trends: By Type: Facial Care, Body Care, Others; By Ingredient: Natural, Chemical; By Gender: Men, Women; By Distribution Channel: Hypermarkets/Supermarkets, Convenience Stores, Speciality Stores, Online, Others; Regional Analysis; Market Dynamics; Competitive Landscape; 2024-2032

Global Skin Care Products Market Outlook

The global skin care products market attained USD 167.44 billion in 2023. The market is expected to grow at a CAGR of 4.2% between 2024 and 2032, to attain USD 241.92 billion by 2032.

 

Global Skin Care Products Market

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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.

 

Global Skin Care Products Market

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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.

 

Global Skin Care Products Market

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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.

 

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:

  • 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
  • Speciality Stores
  • Online
  • Others
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
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.

 

Skin Care Products Market Report Snapshots

Skin Care Products Market Size

Skin Care Products Market Growth

Skin Care Products Companies

 

*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    Snapshot
    6.1    Global
    6.2    Regional
7    Opportunities and Challenges in the Market
8    Global Skin Care Products Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Skin Care Products Historical Market (2018-2023) 
    8.3    Global Skin Care Products Market Forecast (2024-2032)
    8.4    Global Skin Care Products Market by Type
        8.4.1    Facial Care
            8.4.1.1    Historical Trend (2018-2023)
            8.4.1.2    Forecast Trend (2024-2032)
            8.4.1.3    By Product Type
                8.4.1.3.1    Cleaners
                8.4.1.3.2    Moisturisers
                8.4.1.3.3    Facial Scrubs, Masks and Packs
                8.4.1.3.4    Oils and Serum
                8.4.1.3.5    Special Creams
                8.4.1.3.6    Others 
        8.4.2    Body Care
            8.4.2.1    Historical Trend (2018-2023)
            8.4.2.2    Forecast Trend (2024-2032)
            8.4.2.3    By Product Type
                8.4.2.3.1    Body Lotion
                8.4.2.3.2    Body Wash
                8.4.2.3.3    Others
        8.4.3    Others
    8.5    Global Skin Care Products Market by Ingredient
        8.5.1    Natural
            8.5.1.1    Historical Trend (2018-2023)
            8.5.1.2    Forecast Trend (2024-2032)
        8.5.2    Chemical
            8.5.2.1    Historical Trend (2018-2023)
            8.5.2.2    Forecast Trend (2024-2032)
    8.6    Global Skin Care Products Market by Gender
        8.6.1    Men
            8.6.1.1    Historical Trend (2018-2023)
            8.6.1.2    Forecast Trend (2024-2032)
        8.6.2    Women
            8.6.2.1    Historical Trend (2018-2023)
            8.6.2.2    Forecast Trend (2024-2032)
    8.7    Global Skin Care Products Market by Distribution Channel
        8.7.1    Hypermarkets/Supermarkets
            8.7.1.1    Historical Trend (2018-2023)
            8.7.1.2    Forecast Trend (2024-2032)
        8.7.2    Convenience Stores
            8.7.2.1    Historical Trend (2018-2023)
            8.7.2.2    Forecast Trend (2024-2032)
        8.7.3    Speciality Stores
            8.7.3.1    Historical Trend (2018-2023)
            8.7.3.2    Forecast Trend (2024-2032)
        8.7.4    Online
            8.7.4.1    Historical Trend (2018-2023)
            8.7.4.2    Forecast Trend (2024-2032)
        8.7.5    Others    
    8.8    Global Skin Care Products Market by Region
        8.8.1    North America
            8.8.1.1    Historical Trend (2018-2023) 
            8.8.1.2    Forecast Trend (2024-2032)
        8.8.2    Europe
            8.8.2.1    Historical Trend (2018-2023) 
            8.8.2.2    Forecast Trend (2024-2032)
        8.8.3    Asia Pacific
            8.8.3.1    Historical Trend (2018-2023) 
            8.8.3.2    Forecast Trend (2024-2032)
        8.8.4    Latin America
            8.8.4.1    Historical Trend (2018-2023) 
            8.8.4.2    Forecast Trend (2024-2032)
        8.8.5    Middle East and Africa
            8.8.5.1    Historical Trend (2018-2023) 
            8.8.5.2    Forecast Trend (2024-2032)
9    North America Skin Care Products Market Analysis
    9.1    United States of America 
        9.1.1    Historical Trend (2018-2023) 
        9.1.2    Forecast Trend (2024-2032)
    9.2    Canada
        9.2.1    Historical Trend (2018-2023) 
        9.2.2    Forecast Trend (2024-2032)
10    Europe Skin Care Products Market Analysis
    10.1    United Kingdom
        10.1.1    Historical Trend (2018-2023) 
        10.1.2    Forecast Trend (2024-2032)
    10.2    Germany
        10.2.1    Historical Trend (2018-2023) 
        10.2.2    Forecast Trend (2024-2032)
    10.3    France
        10.3.1    Historical Trend (2018-2023) 
        10.3.2    Forecast Trend (2024-2032)
    10.4    Italy
        10.4.1    Historical Trend (2018-2023) 
        10.4.2    Forecast Trend (2024-2032)
    10.5    Others
11    Asia Pacific Skin Care Products Market Analysis
    11.1    China
        11.1.1    Historical Trend (2018-2023) 
        11.1.2    Forecast Trend (2024-2032)
    11.2    Japan
        11.2.1    Historical Trend (2018-2023) 
        11.2.2    Forecast Trend (2024-2032)
    11.3    India
        11.3.1    Historical Trend (2018-2023) 
        11.3.2    Forecast Trend (2024-2032)
    11.4    ASEAN
        11.4.1    Historical Trend (2018-2023) 
        11.4.2    Forecast Trend (2024-2032)
    11.5    Australia
        11.5.1    Historical Trend (2018-2023) 
        11.5.2    Forecast Trend (2024-2032)
    11.6    Others
12    Latin America Skin Care Products Market Analysis
    12.1    Brazil
        12.1.1    Historical Trend (2018-2023) 
        12.1.2    Forecast Trend (2024-2032)
    12.2    Argentina
        12.2.1    Historical Trend (2018-2023) 
        12.2.2    Forecast Trend (2024-2032)
    12.3    Mexico
        12.3.1    Historical Trend (2018-2023) 
        12.3.2    Forecast Trend (2024-2032)
    12.4    Others
13    Middle East and Africa Skin Care Products Market Analysis
    13.1    Saudi Arabia
        13.1.1    Historical Trend (2018-2023) 
        13.1.2    Forecast Trend (2024-2032)
    13.2    United Arab Emirates
        13.2.1    Historical Trend (2018-2023) 
        13.2.2    Forecast Trend (2024-2032)
    13.3    Nigeria
        13.3.1    Historical Trend (2018-2023) 
        13.3.2    Forecast Trend (2024-2032)
    13.4    South Africa
        13.4.1    Historical Trend (2018-2023) 
        13.4.2    Forecast Trend (2024-2032)
    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    Competitive Landscape

    16.1    Market Structure
    16.2    Company Profiles
        16.2.1    The Procter & Gamble Company
            16.2.1.1    Company Overview
            16.2.1.2    Product Portfolio
            16.2.1.3    Demographic Reach and Achievements
            16.2.1.4    Certifications
        16.2.2    Unilever Plc
            16.2.2.1    Company Overview
            16.2.2.2    Product Portfolio
            16.2.2.3    Demographic Reach and Achievements
            16.2.2.4    Certifications
        16.2.3    Kao Corporation
            16.2.3.1    Company Overview
            16.2.3.2    Product Portfolio
            16.2.3.3    Demographic Reach and Achievements
            16.2.3.4    Certifications
        16.2.4    Revlon, Inc.
            16.2.4.1    Company Overview
            16.2.4.2    Product Portfolio
            16.2.4.3    Demographic Reach and Achievements
            16.2.4.4    Certifications
        16.2.5    The Estée Lauder Companies Inc.
            16.2.5.1    Company Overview
            16.2.5.2    Product Portfolio
            16.2.5.3    Demographic Reach and Achievements
            16.2.5.4    Certifications
        16.2.6    Beiersdorf AG
            16.2.6.1    Company Overview
            16.2.6.2    Product Portfolio
            16.2.6.3    Demographic Reach and Achievements
            16.2.6.4    Certifications
        16.2.7    New Avon Company
            16.2.7.1    Company Overview
            16.2.7.2    Product Portfolio
            16.2.7.3    Demographic Reach and Achievements
            16.2.7.4    Certifications
        16.2.8    L'Oréal S.A.
            16.2.8.1    Company Overview
            16.2.8.2    Product Portfolio
            16.2.8.3    Demographic Reach and Achievements
            16.2.8.4    Certifications
        16.2.9     Others
17    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.    Global Skin Care Products Historical Market: Breakup by Product Type (USD Billion), 2018-2023
3.    Global Skin Care Products Market Forecast: Breakup by Product Type (USD Billion), 2024-2032
4.    Global Skin Care Products Historical Market: Breakup by Gender (USD Billion), 2018-2023
5.    Global Skin Care Products Market Forecast: Breakup by Gender (USD Billion), 2024-2032
6.    Global Skin Care Products Historical Market: Breakup by Distributional Channel (USD Billion), 2018-2023
7.    Global Skin Care Products Market Forecast: Breakup by Distributional Channel (USD Billion), 2024-2032
8.    Global Skin Care Products Historical Market: Breakup by Region (USD Billion), 2018-2023
9.    Global Skin Care Products Market Forecast: Breakup by Region (USD Billion), 2024-2032
10.    North America Skin Care Products Historical Market: Breakup by Country (USD Billion), 2018-2023
11.    North America Skin Care Products Market Forecast: Breakup by Country (USD Billion), 2024-2032
12.    Europe Skin Care Products Historical Market: Breakup by Country (USD Billion), 2018-2023
13.    Europe Skin Care Products Market Forecast: Breakup by Country (USD Billion), 2024-2032
14.    Asia Pacific Skin Care Products Historical Market: Breakup by Country (USD Billion), 2018-2023
15.    Asia Pacific Skin Care Products Market Forecast: Breakup by Country (USD Billion), 2024-2032
16.    Latin America Skin Care Products Historical Market: Breakup by Country (USD Billion), 2018-2023
17.    Latin America Skin Care Products Market Forecast: Breakup by Country (USD Billion), 2024-2032
18.    Middle East and Africa Skin Care Products Historical Market: Breakup by Country (USD Billion), 2018-2023
19.    Middle East and Africa Skin Care Products Market Forecast: Breakup by Country (USD Billion), 2024-2032
20.    Global Skin Care Products Market Structure

Key Questions Answered in the Report

In 2023, the global skin care products market attained a value of nearly USD 167.44 billion.

The market is projected to grow at a CAGR of 4.2% between 2024 and 2032.

The major drivers of the market are the increasing expenditure on skincare, rising disposable incomes, and increasing investments in research and development (R&D) activities aimed at producing new products.

The key trends of the market include the increasing sales of skin care on e-commerce platforms, the rising utilisation of organic skincare, and the rising use of natural ingredients in skin care.

The major regions in the market are North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.

The various types of skin care products considered in the market report are facial care and body care, among others.

The major ingredients of skin care products considered in the market report are natural and chemical.

The significant segments based on gender considered in the market report are men and women.

The various distribution channels in the market are hypermarkets/supermarkets, convenience stores, speciality stores, and online, among others.

The major players in the market 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 167.44 billion in 2023, 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 2024-2032, 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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