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Get detailed insights regarding the impact of COVID-19 on the market.
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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