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Global Skin Care Products Market to Reach US$ 192.7 Billion by 2027, Impelled by Growing Preference for Personal Grooming

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Skin Care Products Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The global skin care products market reached a value of US$ 145.3 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 192.7 Billion by 2027, exhibiting at a CAGR of 5.03% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.

Skin care products are used to enhance and maintain the appearance of human skin. There are a variety of products available in the market such as cleansers, toners, body lotions, oils and serums, and creams with alpha-hydroxy acids, beta-hydroxy acids, and retinol as some of their key ingredients. These products aid in regular replenishment of the dying skin cells and counter the signs of aging such as wrinkles, fines lines and age spots while maintaining the overall skin health. The global skin care products market is highly diversified as it varies from region to region catering to a wide range of skin types present across the globe.

 

 
 

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Skin is one of the organs that receive the most damage owing to the exposure to external factors such as ultraviolet (UV) rays and pollution. Consequently, there has been an increase in the inclination among the masses towards engaging in a regular skin care regime, thus making it an integral part of personal well-being. This has led to the introduction of diversified products containing various chemical and herbal elements, aiming at the overall enhancement and maintenance of healthy skin. Urban regions, in particular, have been a witness to increasing consumers’ inclination toward various skin care products owing to rising disposable income, aggressive promotional activities, and launch of innovative products by manufacturers. Rising awareness about both skin ailments and available treatments is propelling consumers to start using skin care products quite early, thus aiding the market growth. The market is further driven by an increasing number of women preferring anti-aging products which form a crucial segment of the skin care products market.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global skin care products market, along with forecasts at the global and regional level from 2022-2027. Our report has categorized the market based on product type, ingredient, gender and distribution channel.

Breakup by Product Type:

 

 
 

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  • Face Cream 
    • Skin Brightening Cream
    • Anti-Aging Cream
    • Sun Protection Cream
  • Body Lotion
    • Mass Body Care
    • Premium Body Care
    • Others
       

Breakup by Ingredient:

  • Chemical
  • Natural
     

Breakup by Gender:

  • Male
  • Female
  • Unisex
     

Breakup by Distribution Channel:

  • Supermarkets and Hypermarkets
  • Beauty Parlours and Salons
  • Multi Branded Retail Stores
  • Online
  • Exclusive Retail Stores
  • Others
     

Breakup by Region:

 

 
 

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  • Europe
  • North America
  • Asia Pacific
  • Middle East and Africa
  • Latin America
     

Competitive Landscape:

The report has also analysed the competitive landscape of the market with some of the key players being Johnson & Johnson, The Estee Lauder Companies Inc., Unilever PLC, Avon Products Inc., L'Oral S.A., Kao Corporation, Colgate-Palmolive Company, Shiseido Company, Beiersdorf AG, Procter & Gamble and Revlon, Inc., etc.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Billion
Segment Coverage Product Type, Ingredient, Gender, Distribution Channel, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Companies Covered Johnson & Johnson, The Estee Lauder Companies Inc., Unilever PLC, Avon Products Inc., L'Oral S.A., Kao Corporation, Colgate-Palmolive Company, Shiseido Company, Beiersdorf AG, Procter & Gamble and Revlon, Inc.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
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Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

1   Preface
2   Scope and Methodology
    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3   Executive Summary
4   Introduction
    4.1    Overview
    4.2    Key Industry Trends
5   Global Skin Care Products Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Breakup by Product Type
    5.5    Market Breakup by Ingredient
    5.6    Market Breakup by Gender
    5.7    Market Breakup by Distribution Channel
    5.8    Market Breakup by Region
    5.9    Market Forecast
6   Market Breakup by Product Type 
    6.1    Face Cream
        6.1.1    Market Trends
        6.1.2    Market Breakup By Type
           6.1.2.1   Skin Brightening Cream
                     6.1.2.1.1  Market Trends
                     6.1.2.1.2  Market Forecast
           6.1.2.2   Anti-Aging Cream 
                     6.1.2.2.1  Market Trends
                     6.1.2.2.2  Market Forecast
            6.1.2.3   Sun Protection Cream 
                     6.1.2.3.1  Market Trends
                     6.1.2.3.2  Market Forecast
        6.1.3    Market Forecast
    6.2    Body Lotion 
        6.2.1    Market Trends
        6.2.2    Market Breakup By Type
           6.2.2.1   Mass Body Care 
                     6.2.2.1.1  Market Trends
                     6.2.2.1.2  Market Forecast
           6.2.2.2   Premium Body Care
                     6.2.2.2.1  Market Trends
                     6.2.2.2.2  Market Forecast
        6.2.2.3   Others
                     6.2.2.3.1  Market Trends
                     6.2.2.3.2  Market Forecast
        6.2.3    Market Forecast
7   Market Breakup by Ingredient
    7.1    Chemical
        7.1.1    Market Trends
        7.1.2    Market Forecast
    7.2    Natural
        7.2.1    Market Trends
        7.2.2    Market Forecast
8   Market Breakup by Gender
    8.1    Male
        8.1.1    Market Trends
        8.1.2    Market Forecast
    8.2    Female
        8.2.1    Market Trends
        8.2.2    Market Forecast
    8.3    Unisex
        8.3.1    Market Trends
        8.3.2    Market Forecast
9   Market Breakup by Distribution Channel
    9.1    Supermarkets and Hypermarkets
        9.1.1    Market Trends
        9.1.2    Market Forecast
    9.2    Beauty Parlours and Salons
        9.2.1    Market Trends
        9.2.2    Market Forecast
    9.3    Multi Branded Retail Stores
        9.3.1    Market Trends
        9.3.2    Market Forecast
    9.4    Online
        9.4.1    Market Trends
        9.4.2    Market Forecast
    9.5    Exclusive Retail Stores
        9.5.1    Market Trends
        9.5.2    Market Forecast
    9.6    Others
        9.6.1    Market Trends
        9.6.2    Market Forecast
10  Market Breakup by Region
    10.1    Europe
        10.1.1    Market Trends
        10.1.2    Market Forecast
    10.2    North America
        10.2.1    Market Trends
        10.2.2    Market Forecast
    10.3    Asia Pacific
        10.3.1    Market Trends
        10.3.2    Market Forecast
    10.4    Middle East and Africa
        10.4.1    Market Trends
        10.4.2    Market Forecast
    10.5    Latin America
        10.5.1    Market Trends
        10.5.2    Market Forecast
11  SWOT Analysis
    11.1    Overview
    11.2    Strengths
    11.3    Weaknesses
    11.4    Opportunities
    11.5    Threats
12  Value Chain Analysis
13  Porter’s Five Forces Analysis
    13.1    Overview
    13.2    Bargaining Power of Buyers
    13.3    Bargaining Power of Suppliers
    13.4    Degree of Competition
    13.5    Threat of New Entrants
    13.6    Threat of Substitutes
14  Price Analysis
    14.1    Price Indicators
    14.2    Price Structure
    14.3    Margin Analysis
15  Competitive Landscape
    15.1    Market Structure
    15.2    Key Players
    15.3    Profiles of Key Players
        15.3.1    Johnson & Johnson 
        15.3.2    The Estee Lauder Companies Inc. 
        15.3.3    Unilever PLC
        15.3.4    Avon Products Inc.
        15.3.5    L'Oral S.A. 
        15.3.6    Kao Corporation 
        15.3.7    Colgate-Palmolive Company 
        15.3.8    Shiseido Company 
        15.3.9    Beiersdorf AG 
        15.3.10    Procter & Gamble
        15.3.11    Revlon, Inc.  
 
List of Figures

Figure 1: Global: Skin Care Products Market: Major Drivers and Challenges
Figure 2: Global: Skin Care Products Market: Sales Value (in Billion US$), 2016- 2021
Figure 3: Global: Skin Care Products Market: Breakup by Product Type (in %), 2021
Figure 4: Global: Skin Care Products Market: Breakup by Ingredient (in %), 2021
Figure 5: Global: Skin Care Products Market: Breakup by Gender (in %), 2021
Figure 6: Global: Skin Care Products Market: Breakup by Distribution Channel (in %), 2021
Figure 7: Global: Skin Care Products Market: Breakup by Region (in %), 2021
Figure 8: Global: Skin Care Products Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 9: Global: Skin Care Products Industry: SWOT Analysis
Figure 10: Global: Skin Care Products Industry: Value Chain Analysis
Figure 11: Global: Skin Care Products Industry: Porter’s Five Forces Analysis
Figure 12: Global: Skin Care Products (Face Cream) Market: Sales Value (in Million US$), 2016 & 2021
Figure 13: Global: Skin Care Products (Face Cream) Market: Breakup by Type (in %), 2021
Figure 14: Global: Skin Care Products (Skin Brightening Cream) Market: Sales Value (in Million US$), 2016 & 2021
Figure 15: Global: Skin Care Products (Skin Brightening Cream) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 16: Global: Skin Care Products (Anti-Aging Cream) Market: Sales Value (in Million US$), 2016 & 2021
Figure 17: Global: Skin Care Products (Anti-Aging Cream) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 18: Global: Skin Care Products (Sun Protection Cream) Market: Sales Value (in Million US$), 2016 & 2021
Figure 19: Global: Skin Care Products (Sun Protection Cream) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 20: Global: Skin Care Products (Face Cream) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 21: Global: Skin Care Products (Body Lotion) Market: Sales Value (in Million US$), 2016 & 2021
Figure 22: Global: Skin Care Products (Body Lotion) Market: Breakup by Type (in %), 2021
Figure 23: Global: Skin Care Products (Mass Body Care) Market: Sales Value (in Million US$), 2016 & 2021
Figure 24: Global: Skin Care Products (Mass Body Care) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 25: Global: Skin Care Products (Premium Body Care) Market: Sales Value (in Million US$), 2016 & 2021
Figure 26: Global: Skin Care Products (Premium Body Care) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 27: Global: Skin Care Products (Others) Market: Sales Value (in Million US$), 2016 & 2021
Figure 28: Global: Skin Care Products (Others) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 29: Global: Skin Care Products (Body Lotion) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 30: Global: Skin Care Products (Chemical) Market: Sales Value (in Million US$), 2016 & 2021
Figure 31: Global: Skin Care Products (Chemical) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 32: Global: Skin Care Products (Natural) Market: Sales Value (in Million US$), 2016 & 2021
Figure 33: Global: Skin Care Products (Natural) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 34: Global: Skin Care Products (Male) Market: Sales Value (in Million US$), 2016 & 2021
Figure 35: Global: Skin Care Products (Male) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 36: Global: Skin Care Products (Female) Market: Sales Value (in Million US$), 2016 & 2021
Figure 37: Global: Skin Care Products (Female) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 38: Global: Skin Care Products (Unisex) Market: Sales Value (in Million US$), 2016 & 2021
Figure 39: Global: Skin Care Products (Unisex) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 40: Global: Skin Care Products Market: Sales Through Supermarkets and Hypermarkets (in Million US$), 2016 & 2021
Figure 41: Global: Skin Care Products Market Forecast: Sales Through Supermarkets and Hypermarkets (in Million US$), 2022-2027
Figure 42: Global: Skin Care Products Market: Sales Through Beauty Parlours and Salons (in Million US$), 2016 & 2021
Figure 43: Global: Skin Care Products Market Forecast: Sales Through Beauty Parlours and Salons (in Million US$), 2022-2027
Figure 44: Global: Skin Care Products Market: Sales Through Multi Branded Retail Stores (in Million US$), 2016 & 2021
Figure 45: Global: Skin Care Products Market Forecast: Sales Through Multi Branded Retail Stores (in Million US$), 2022-2027
Figure 46: Global: Skin Care Products Market: Online Sales (in Million US$), 2016 & 2021
Figure 47: Global: Skin Care Products Market Forecast: Online Sales (in Million US$), 2022-2027
Figure 48: Global: Skin Care Products Market: Sales Through Exclusive Retail Stores (in Million US$), 2016 & 2021
Figure 49: Global: Skin Care Products Market Forecast: Sales Through Exclusive Retail Stores (in Million US$), 2022-2027
Figure 50: Global: Skin Care Products Market: Sales Through Other Distribution Channels (in Million US$), 2016 & 2021
Figure 51: Global: Skin Care Products Market Forecast: Sales Through Other Distribution Channels (in Million US$), 2022-2027
Figure 52: Europe: Skin Care Products Market: Sales Value (in Million US$), 2016 & 2021
Figure 53: Europe: Skin Care Products Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 54: North America: Skin Care Products Market: Sales Value (in Million US$), 2016 & 2021
Figure 55: North America: Skin Care Products Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 56: Asia Pacific: Skin Care Products Market: Sales Value (in Million US$), 2016 & 2021
Figure 57: Asia Pacific: Skin Care Products Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 58: Middle East and Africa: Skin Care Products Market: Sales Value (in Million US$), 2016 & 2021
Figure 59: Middle East and Africa: Skin Care Products Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 60: Latin America: Skin Care Products Market: Sales Value (in Million US$), 2016 & 2021
Figure 61: Latin America: Skin Care Products Market Forecast: Sales Value (in Million US$), 2022-2027

List of Tables

Table 1: Global: Skin Care Products Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Skin Care Products Market Forecast: Breakup by Product Type (in Million US$), 2022-2027
Table 3: Global: Skin Care Products Market Forecast: Breakup by Ingredient (in Million US$), 2022-2027
Table 4: Global: Skin Care Products Market Forecast: Breakup by Gender (in Million US$), 2022-2027
Table 5: Global: Skin Care Products Market Forecast: Breakup by Distribution Channel (in Million US$), 2022-2027
Table 6: Global: Skin Care Products Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 7: Global: Skin Care Products Market Structure
Table 8: Global: Skin Care Products Market: Key Players


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Key Questions Answered in This Report

The global skin care products market was valued at US$ 145.3 Billion in 2021.

We expect the global skin care products market to exhibit a CAGR of 5.03% during 2022-2027.

The rising consumer awareness towards regular skin care regime, along with the introduction of
diversified herbal products for overall enhancement and maintenance of healthy skin, is currently
catalyzing the global skin care products market.

The sudden outbreak of the COVID-19 pandemic has led to the changing consumer inclination from
conventional brick-and-mortar distribution channels towards online retail platforms for the purchase of
skin care products.

Based on the product type, the global skin care products market has been segmented into face cream
and body lotion. Currently, face cream holds the majority of the total market share.

Based on the ingredient, the global skin care products market can be divided into chemical and natural,
where chemical currently exhibits a clear dominance in the market.

Based on the gender, the global skin care products market has been categorized into male, female, and
unisex. Among these, female accounts for the majority of the global market share.

Based on the distribution channel, the global skin care products market can be segregated into
supermarkets and hypermarkets, beauty parlours and salons, multi branded retail stores, online,
exclusive retail stores, and others. Currently, exclusive retail stores hold the largest market share.

On a regional level, the market has been classified into Europe, North America, Asia Pacific, Middle East
and Africa, Latin America, where Asia Pacific currently dominates the global market.

Some of the major players in the global skin care products market include Johnson & Johnson, The Estee
Lauder Companies Inc., Unilever PLC, Avon Products Inc., L’Oréal S.A., Kao Corporation, Colgate-
Palmolive Company, Shiseido Company, Beiersdorf AG, Procter & Gamble, Revlon, Inc., etc.

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