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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 treat and enhance the overall health and appearance of skin and provide nourishment. They include cleansers, scrubs, toners, body lotions, moisturizers, face washes, and creams, and oils and serums that are formulated using various chemical and natural ingredients, such as hyaluronic acid, alpha-hydroxy acids, retinol, bentonite clay, aloe vera, and tea tree oil. They assist in removing dead skin cells, retaining elasticity, and preventing wrinkles, fine lines, and age spots. They also protect from harmful ultraviolet (UV) rays and avoid sun damage, blemishes, tanning, and hyperpigmentation. Besides this, as they help protect individuals from harmful bacteria and allergens and make skin healthier, the demand for skin care products is increasing around the world.

 

 
 

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Skin Care Products Market Trends:

The growing global working population and the rising awareness among individuals about their physical appearance represent one of the key factors positively influencing the market. In addition, rapid urbanization, inflating disposable income levels, and shifting spending patterns of individuals are other factors contributing to the market growth. Apart from this, the rising pollution level and surging occurrence of skin disorders, such as cancer, allergies, and infection, are catalyzing the demand for skin care products across the globe. Furthermore, increasing consciousness among the masses about the benefits of using herbal and organic product variants is offering lucrative growth opportunities to manufacturers. Moreover, leading market players are focusing on promotional activities, such as celebrity endorsement and advertisement on social media platforms and televisions (TVs), to expand their market reach.

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 levels 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

Face cream accounts for the majority of the market share due to the increasing consciousness among the masses on account of the rising prevalence of skin disorders and malignancies.

Breakup by Ingredient:

  • Chemical
  • Natural

Chemically formulated skin care products exhibit a clear dominance in the market as they provide an appealing fragrance and can be preserved for an extended period.

Breakup by Gender:

  • Male
  • Female
  • Unisex

The female segment holds the largest market share as women are more concerned about enhancing their physical appearance and personal hygiene.

Breakup by Distribution Channel:

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

Exclusive retail stores currently dominate the market as they offer a wide range of products and are significantly expanding across the globe.

Breakup by Region:

 

 
 

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

The Asia Pacific exhibits a clear dominance in the market due to the growing population, improving standards of living, and the increasing expenditure capacity of individuals in the region.

Competitive Landscape:

The report has also analyzed 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
Five User License: US$ 3499
Corporate License: US$ 4499
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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