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PUBLISHER: Coherent Market Insights | PRODUCT CODE: 1477255

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PUBLISHER: Coherent Market Insights | PRODUCT CODE: 1477255

Skin Care Products Market, By Product Type, By Distribution Channel, By End User, By Geography

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The global skin care products market is estimated to be valued at USD 149.48 Bn in 2024 and is expected to reach USD 207.13 Bn by 2031, growing at a compound annual growth rate (CAGR) of 4.8% from 2024 to 2031.

Report Coverage Report Details
Base Year: 2023 Market Size in 2024: US$ 149.48 Bn
Historical Data for: 2019 To 2023 Forecast Period: 2024 To 2031
Forecast Period 2024 to 2031 CAGR: 4.80% 2031 Value Projection: US$ 207.13 Bn
Figure 1.Skin Care Products Market Share (%), By Region, 2024
Skin Care Products Market - IMG1

The global skin care products market has been witnessing steady growth over the past few years. Rising awareness about skin care among consumers and introduction of new advanced products with multiple benefits have been driving the market growth. Rapid urbanization, changing lifestyles, and growing focus on personal care and appearance are some key factors boosting the demand for skin care products globally. Further, rising disposable incomes in developing countries provide potential growth opportunities for market participants.

Market Dynamics:

The global skin care products market is primarily driven by a few key factors such as increasing awareness regarding the benefits of personal grooming and appearance, growing middle class population with higher disposable incomes especially in Asian countries, and introduction of innovative products with organic and natural ingredients. Moreover, people are increasingly taking preventive care of their skin from early ages which supports the market growth. However, availability of low quality counterfeit products in some regions hampers brand loyalty, thus posing a challenge. The outbreak of COVID-19 adversely impacted the market in 2020 due to lockdowns and restrictions on cosmetic stores. Nevertheless, rising e-commerce shopping has opened new opportunities for online sales.

Key Features of the Study:

  • This report provides an in-depth analysis of the global skin care products market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024-2031), considering 2023 as the base year
  • It elucidates potential revenue growth opportunities across different segments and explains attractive investment proposition matrices for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players
  • It profiles key players in the global skin care products market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
  • Key companies covered as a part of this study include Unilever, Kao Corporation, The Body Shop International Limited, L'Oreal Professional, Shiseido Co., Ltd., The Estee Lauder Companies Inc., Colgate-Palmolive Company, Johnson & Johnson Services, Inc., Procter & Gamble Co., Avon Products, Inc., Beiersdorf AG, Revlon, Inc., Amorepacific Corporation, Natura & Co., Mary Kay Inc., Clarins Group, Coty Inc., LVMH Moet Hennessy Louis Vuitton SE, The Clorox Company, and Henkel AG & Co. KGaA
  • Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
  • The global skin care products market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
  • Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global skin care products market

Detailed Segmentation-

  • By Product Type:
    • Body Creams
    • Sunscreen
    • Face Creams & Moisturizers
    • Cleansers & Face Wash
    • Shaving Lotions & Creams
    • Others
  • By Distribution Channel:
    • Supermarkets & Hypermarkets
    • Convenience Stores
    • Pharmacy & drugstore
    • Online
    • Others
  • By Region:
    • North America
    • Europe
    • Asia Pacific
    • Latin America
    • Middle East & Africa
  • Company Profiles:
    • Unilever
    • Kao Corporation
    • The Body Shop International Limited
    • L'Oreal Professional
    • Shiseido Co., Ltd.
    • The Estee Lauder Companies Inc.
    • Colgate-Palmolive Company
    • Johnson & Johnson Services, Inc.
    • Procter & Gamble Co.
    • Avon Products, Inc.
    • Beiersdorf AG
    • Revlon, Inc.
    • Amorepacific Corporation
    • Natura & Co.
    • Mary Kay Inc.
    • Clarins Group
    • Coty Inc.
    • LVMH Moet Hennessy Louis Vuitton SE
    • The Clorox Company
    • Henkel AG & Co. KGaA
Product Code: CMI1468

Table of Contents

1. Research Objectives and Assumptions

  • Research Objectives
  • Assumptions
  • Abbreviations

2. Market Purview

  • Report Description
    • Market Definition and Scope
  • Executive Summary
    • Market Snippet, By Product Type
    • Market Snippet, By Distribution Channel
    • Market Snippet, By End User
    • Market Snippet, By Region
  • Coherent Opportunity Map (COM)

3. Market Dynamics, Regulations, and Trends Analysis

  • Market Dynamics
    • Drivers
    • Restraints
    • PEST Analysis
    • PORTER's Five Forces Analysis
    • Market Opportunities
    • Regulatory Scenario
    • Industry Trend
    • Mergers and Acquisitions

4. Global Skin Care Products Market - Impact of Coronavirus (COVID-19) Pandemic

  • Overview
  • Factors Affecting the Global Skin Care Products Market
  • Impact Analysis

5. Global Skin Care Products Market, By Product Type, 2019-2031, (US$ Bn)

  • Introduction
    • Market Share Analysis, 2024, 2027 and 2031 (%)
    • Y-o-Y Growth Analysis, 2020 - 2031
    • Segment Trends
  • Body Creams
    • Introduction
    • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
    • Segment Trends
  • Trends Sunscreen
    • Introduction
    • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
    • Segment Trends
  • Face Creams & Moisturizers
    • Introduction
    • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
    • Segment Trends
  • Cleansers & Face Wash
    • Introduction
    • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
    • Segment Trends
  • Shaving Lotions & Creams
    • Introduction
    • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
    • Segment Trends
  • Others
    • Introduction
    • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
    • Segment Trends

6. Global Skin Care Products Market, By Distribution Channel, 2019-2031, (US$ Bn)

  • Introduction
    • Market Share Analysis, 2024, 2027 and 2031 (%)
    • Y-o-Y Growth Analysis, 2020 - 2031
    • Segment Trends
  • Supermarkets & Hypermarkets
    • Introduction
    • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
    • Segment Trends
  • Convenience Stores
    • Introduction
    • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
    • Segment Trends
  • Pharmacy & drugstore
    • Introduction
    • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
    • Segment Trends
  • Online
    • Introduction
    • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
    • Segment Trends
  • Others
    • Introduction
    • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
    • Segment Trends

7. Global Skin Care Products Market, By End User, 2019-2031, (US$ Bn)

  • Introduction
    • Market Share Analysis, 2024, 2027 and 2031 (%)
    • Y-o-Y Growth Analysis, 2020 - 2031
    • Segment Trends
  • Male
    • Introduction
    • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
    • Segment Trends
  • Female
    • Introduction
    • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
    • Segment Trends
  • Kids
    • Introduction
    • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
    • Segment Trends

8. Global Skin Care Products Market, By Region, 2019-2031, (US$ Bn)

  • Introduction
    • Market Share Analysis, By Region, 2024, 2027 and 2031 (%)
    • Y-o-Y Growth Analysis, For Region, 2020-2031
  • North America
    • Introduction
    • Market Size and Forecast, By Product Type, 2019 - 2031, (US$ Bn)
    • Market Size and Forecast, By Distribution Channel, 2019 - 2031, (US$ Bn)
    • Market Size and Forecast, By End User, 2019 - 2031, (US$ Bn)
    • Market Size and Forecast, By Country, 2019 - 2031, (US$ Bn)
  • U.S.
  • Canada
  • Latin America
    • Introduction
    • Market Size and Forecast, By Product Type, 2019 - 2031, (US$ Bn))
    • Market Size and Forecast, By Distribution Channel, 2019 - 2031, (US$ Bn)
    • Market Size and Forecast, By End User, 2019 - 2031, (US$ Bn)
    • Market Size and Forecast, By Country, 2019 - 2031, (US$ Bn)
  • Brazil
  • Argentina
  • Mexico
  • Rest of Latin America
  • Europe
    • Introduction
    • Market Size and Forecast, By Product Type, 2019 - 2031, (US$ Bn)
    • Market Size and Forecast, By Distribution Channel, 2019 - 2031, (US$ Bn)
    • Market Size and Forecast, By End User, 2019 - 2031, (US$ Bn)
    • Market Size and Forecast, By Country, 2019 - 2031, (US$ Bn)
  • U.K.
  • Germany
  • Italy
  • France
  • Spain
  • Russia
  • Rest of Europe
  • Asia Pacific
    • Introduction
    • Market Size and Forecast, By Product Type, 2019 - 2031, (US$ Bn)
    • Market Size and Forecast, By Distribution Channel, 2019 - 2031, (US$ Bn)
    • Market Size and Forecast, By End User, 2019 - 2031, (US$ Bn)
    • Market Size and Forecast, By Country, 2019 - 2031, (US$ Bn)
  • China
  • India
  • Japan
  • ASEAN
  • Australia
  • South Korea
  • Rest of Asia Pacific
  • Middle East & Africa
    • Introduction
    • Market Size and Forecast, By Product Type, 2019 - 2031, (US$ Bn)
    • Market Size and Forecast, By Distribution Channel, 2019 - 2031, (US$ Bn)
    • Market Size and Forecast, By End User, 2019 - 2031 (US$ Bn)
    • Market Size and Forecast, By Country, 2019 - 2031, (US$ Bn)
  • GCC Countries
  • Israel
  • Rest of Middle East & Africa

9. Competitive Landscape

  • Market Share Analysis
  • Company Profiles
    • Unilever
  • Company Overview
  • Component Portfolio
  • Financial Performance
  • Recent Developments/Updates
    • Kao Corporation
    • The Body Shop International Limited
    • L'Oreal Professional
    • Shiseido Co., Ltd.
    • The Estee Lauder Companies Inc.
    • Colgate-Palmolive Company
    • Johnson & Johnson Services, Inc.
    • Procter & Gamble Co.
    • Avon Products, Inc.
    • Beiersdorf AG
    • Revlon, Inc.
    • Amorepacific Corporation
    • Natura & Co.
    • Mary Kay Inc.
    • Clarins Group
    • Coty Inc.
    • LVMH Moet Hennessy Louis Vuitton SE
    • The Clorox Company
    • Henkel AG & Co. KGaA

10. Analyst Recommendation

  • Wheel of Fortune
  • Analyst View
  • Coherent Opportunity Map

11. Section

  • References
  • Research Methodology
  • About Us and Sales Contact
    • Browse 25 market data tables* and 20 figures* on Global Skin Care Products Market" - Global forecast to 2031.
Have a question?
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Jeroen Van Heghe

Manager - EMEA

+32-2-535-7543

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Christine Sirois

Manager - Americas

+1-860-674-8796

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