Reports
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.
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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.
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, 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. |
*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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