PUBLISHER: IMARC | PRODUCT CODE: 1451890
PUBLISHER: IMARC | PRODUCT CODE: 1451890
Skin Lightening Products Market Report by Product, Nature, Gender, Distribution Channel, and Region 2024-2032
The global skin lightening products market size reached US$ 10.5 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 18.5 Billion by 2032, exhibiting a growth rate (CAGR) of 6.31% during 2024-2032. The growing demand for skin lightening products among the masses, the emergence of innovative product formulations and advanced technologies, and the development of effective and safer skin lightening products represent some of the key factors driving the market.
Skin lightening products comprise cosmetics used to change the color and tone of the skin by lowering the production of melanin, the pigment in charge of giving our skin its natural color. They are commonly referred to as skin bleaching or whitening products and are formulated to lighten dark spots, even out skin tone, and achieve a lighter complexion. They frequently include active chemicals, including hydroquinone, kojic acid, arbutin, retinoids, and vitamin C, which function by preventing the development of melanin or by encouraging the exfoliation of the top layers of skin to expose lighter, younger skin cells beneath. While some individuals may choose to use skin lightening products to address specific skin concerns, such as hyperpigmentation or melasma, others may use them to achieve a lighter skin tone due to cultural or societal influences. Moreover, the societal pressure to conform to certain beauty standards perpetuates colorism and reinforces harmful notions of superiority associated with lighter skin tones.
Skin Lightening Products Market Trends:
The escalating demand for skin lightening products among the masses majorly drives the global market. This can be supported by the changing beauty standards, cultural preferences for lighter skin tones, and the desire to attain a flawless complexion. Along with this, the skincare industry has witnessed a rise in innovative product formulations and advanced technologies, which is significantly supporting the market. In addition, numerous manufacturers are focusing on developing more effective and safer skin lightening products, incorporating natural ingredients, botanical extracts, and antioxidants to cater to the rising consumer demand for safer and more sustainable options. This trend aligns with the rising awareness and preference for clean, organic, and eco-friendly beauty products, as consumers seek efficacious products aligned with their sustainability and environmental consciousness values, thus impacting the market. Besides this, the growing influence of social media and the internet on beauty trends and product awareness is also contributing to the market. Also, the widespread adoption of online platforms as powerful marketing channels to reach a wider audience and create targeted campaigns is driving the demand for skin lightening products. Furthermore, the increasing visibility and accessibility of skin lightening products are creating a positive market outlook. Some of the other factors driving the market include rapid urbanization and inflating disposable income levels of the masses.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the global skin lightening products market, along with forecasts at the global, regional, and country levels from 2024-2032. Our report has categorized the market based on product, nature, gender, and distribution channel.
Product Insights:
Creams
Cleanser
Mask
Others
The report has provided a detailed breakup and analysis of the skin lightening products market based on the product. This includes creams, cleanser, mask, and others. According to the report, creams represented the largest segment.
Nature Insights:
Synthetic
Natural
Organic
A detailed breakup and analysis of the skin lightening products market based on the nature has also been provided in the report. This includes synthetic, natural, and organic. According to the report, synthetic accounted for the largest market share.
Gender Insights:
Men
Women
The report has provided a detailed breakup and analysis of the skin lightening products market based on the gender. This includes men and women. According to the report, women represented the largest segment.
Distribution Channel Insights:
Hypermarkets and Supermarkets
Specialty Stores
Pharma and Drug Stores
Online Sales Channel
Others
A detailed breakup and analysis of the skin lightening products market based on the distribution channel has also been provided in the report. This includes hypermarkets and supermarkets, specialty stores, pharma and drug stores, online sales channel, and others. According to the report, hypermarkets and supermarkets accounted for the largest market share.
Regional Insights:
North America
United States
Canada
Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
The report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, Asia Pacific was the largest market for skin lightening products. Some of the factors driving the Asia Pacific skin lightening products market included the changing beauty standards, inflating disposable income levels, rapid urbanization, etc.
Competitive Landscape:
The report has also provided a comprehensive analysis of the competitive landscape in the global skin lightening products market. The detailed profiles of all major companies have been provided. Some of the companies covered include Avon Products Inc. (Natura & Co), Beiersdorf AG, E.T. Browne Drug Co. Inc., Kao Corporation, L'Oreal S.A., Lotus Herbals Pvt. Ltd., Procter & Gamble Company, Shiseido Co. Ltd., The Estee Lauder Companies Inc., Unilever plc, VLCC Health Care Limited, etc. Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.
Key Questions Answered in This Report:
- How has the global skin lightening products market performed so far, and how will it perform in the coming years?
- What are the drivers, restraints, and opportunities in the global skin lightening products market?
- What is the impact of each driver, restraint, and opportunity on the global skin lightening products market?
- What are the key regional markets?
- Which countries represent the most attractive skin lightening products market?
- What is the breakup of the market based on the product?
- Which is the most attractive product in the skin lightening products market?
- What is the breakup of the market based on the nature?
- Which is the most attractive nature in the skin lightening products market?
- What is the breakup of the market based on the gender?
- Which is the most attractive gender in the skin lightening products market?
- What is the breakup of the market based on the distribution channel?
- Which is the most attractive distribution channel in the skin lightening products market?
- What is the competitive structure of the global skin lightening products market?
- Who are the key players/companies in the global skin lightening products market?
Table of Contents
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 Lightening Products Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Product
- 6.1 Creams
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Cleanser
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
- 6.3 Mask
- 6.3.1 Market Trends
- 6.3.2 Market Forecast
- 6.4 Others
- 6.4.1 Market Trends
- 6.4.2 Market Forecast
7 Market Breakup by Nature
- 7.1 Synthetic
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Natural
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Organic
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
8 Market Breakup by Gender
- 8.1 Men
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Women
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
9 Market Breakup by Distribution Channel
- 9.1 Hypermarkets and Supermarkets
- 9.1.1 Market Trends
- 9.1.2 Market Forecast
- 9.2 Specialty Stores
- 9.2.1 Market Trends
- 9.2.2 Market Forecast
- 9.3 Pharma and Drug Stores
- 9.3.1 Market Trends
- 9.3.2 Market Forecast
- 9.4 Online Sales Channel
- 9.4.1 Market Trends
- 9.4.2 Market Forecast
- 9.5 Others
- 9.5.1 Market Trends
- 9.5.2 Market Forecast
10 Market Breakup by Region
- 10.1 North America
- 10.1.1 United States
- 10.1.1.1 Market Trends
- 10.1.1.2 Market Forecast
- 10.1.2 Canada
- 10.1.2.1 Market Trends
- 10.1.2.2 Market Forecast
- 10.1.1 United States
- 10.2 Asia-Pacific
- 10.2.1 China
- 10.2.1.1 Market Trends
- 10.2.1.2 Market Forecast
- 10.2.2 Japan
- 10.2.2.1 Market Trends
- 10.2.2.2 Market Forecast
- 10.2.3 India
- 10.2.3.1 Market Trends
- 10.2.3.2 Market Forecast
- 10.2.4 South Korea
- 10.2.4.1 Market Trends
- 10.2.4.2 Market Forecast
- 10.2.5 Australia
- 10.2.5.1 Market Trends
- 10.2.5.2 Market Forecast
- 10.2.6 Indonesia
- 10.2.6.1 Market Trends
- 10.2.6.2 Market Forecast
- 10.2.7 Others
- 10.2.7.1 Market Trends
- 10.2.7.2 Market Forecast
- 10.2.1 China
- 10.3 Europe
- 10.3.1 Germany
- 10.3.1.1 Market Trends
- 10.3.1.2 Market Forecast
- 10.3.2 France
- 10.3.2.1 Market Trends
- 10.3.2.2 Market Forecast
- 10.3.3 United Kingdom
- 10.3.3.1 Market Trends
- 10.3.3.2 Market Forecast
- 10.3.4 Italy
- 10.3.4.1 Market Trends
- 10.3.4.2 Market Forecast
- 10.3.5 Spain
- 10.3.5.1 Market Trends
- 10.3.5.2 Market Forecast
- 10.3.6 Russia
- 10.3.6.1 Market Trends
- 10.3.6.2 Market Forecast
- 10.3.7 Others
- 10.3.7.1 Market Trends
- 10.3.7.2 Market Forecast
- 10.3.1 Germany
- 10.4 Latin America
- 10.4.1 Brazil
- 10.4.1.1 Market Trends
- 10.4.1.2 Market Forecast
- 10.4.2 Mexico
- 10.4.2.1 Market Trends
- 10.4.2.2 Market Forecast
- 10.4.3 Others
- 10.4.3.1 Market Trends
- 10.4.3.2 Market Forecast
- 10.4.1 Brazil
- 10.5 Middle East and Africa
- 10.5.1 Market Trends
- 10.5.2 Market Breakup by Country
- 10.5.3 Market Forecast
11 Drivers, Restraints, and Opportunities
- 11.1 Overview
- 11.2 Drivers
- 11.3 Restraints
- 11.4 Opportunities
12 Value Chain Analysis
13 Porters 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
15 Competitive Landscape
- 15.1 Market Structure
- 15.2 Key Players
- 15.3 Profiles of Key Players
- 15.3.1 Avon Products Inc. (Natura & Co)
- 15.3.1.1 Company Overview
- 15.3.1.2 Product Portfolio
- 15.3.2 Beiersdorf AG
- 15.3.2.1 Company Overview
- 15.3.2.2 Product Portfolio
- 15.3.2.3 Financials
- 15.3.2.4 SWOT Analysis
- 15.3.3 E.T. Browne Drug Co. Inc.
- 15.3.3.1 Company Overview
- 15.3.3.2 Product Portfolio
- 15.3.4 Kao Corporation
- 15.3.4.1 Company Overview
- 15.3.4.2 Product Portfolio
- 15.3.4.3 Financials
- 15.3.4.4 SWOT Analysis
- 15.3.5 L'Oreal S.A.
- 15.3.5.1 Company Overview
- 15.3.5.2 Product Portfolio
- 15.3.5.3 Financials
- 15.3.5.4 SWOT Analysis
- 15.3.6 Lotus Herbals Pvt. Ltd.
- 15.3.6.1 Company Overview
- 15.3.6.2 Product Portfolio
- 15.3.7 Procter & Gamble Company
- 15.3.7.1 Company Overview
- 15.3.7.2 Product Portfolio
- 15.3.7.3 Financials
- 15.3.7.4 SWOT Analysis
- 15.3.8 Shiseido Co. Ltd.
- 15.3.8.1 Company Overview
- 15.3.8.2 Product Portfolio
- 15.3.8.3 Financials
- 15.3.8.4 SWOT Analysis
- 15.3.9 The Estee Lauder Companies Inc.
- 15.3.9.1 Company Overview
- 15.3.9.2 Product Portfolio
- 15.3.10 Unilever plc
- 15.3.10.1 Company Overview
- 15.3.10.2 Product Portfolio
- 15.3.10.3 Financials
- 15.3.11 VLCC Health Care Limited
- 15.3.11.1 Company Overview
- 15.3.11.2 Product Portfolio
- 15.3.1 Avon Products Inc. (Natura & Co)
Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.
List of Figures
- Figure 1: Global: Skin Lightening Products Market: Major Drivers and Challenges
- Figure 2: Global: Skin Lightening Products Market: Sales Value (in Billion US$), 2018-2023
- Figure 3: Global: Skin Lightening Products Market Forecast: Sales Value (in Billion US$), 2024-2032
- Figure 4: Global: Skin Lightening Products Market: Breakup by Product (in %), 2023
- Figure 5: Global: Skin Lightening Products Market: Breakup by Nature (in %), 2023
- Figure 6: Global: Skin Lightening Products Market: Breakup by Gender (in %), 2023
- Figure 7: Global: Skin Lightening Products Market: Breakup by Distribution Channel (in %), 2023
- Figure 8: Global: Skin Lightening Products Market: Breakup by Region (in %), 2023
- Figure 9: Global: Skin Lightening Products (Creams) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 10: Global: Skin Lightening Products (Creams) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 11: Global: Skin Lightening Products (Cleanser) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 12: Global: Skin Lightening Products (Cleanser) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 13: Global: Skin Lightening Products (Mask) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 14: Global: Skin Lightening Products (Mask) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 15: Global: Skin Lightening Products (Other Products) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 16: Global: Skin Lightening Products (Other Products) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 17: Global: Skin Lightening Products (Synthetic) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 18: Global: Skin Lightening Products (Synthetic) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 19: Global: Skin Lightening Products (Natural) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 20: Global: Skin Lightening Products (Natural) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 21: Global: Skin Lightening Products (Organic) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 22: Global: Skin Lightening Products (Organic) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 23: Global: Skin Lightening Products (Men) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 24: Global: Skin Lightening Products (Men) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 25: Global: Skin Lightening Products (Women) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 26: Global: Skin Lightening Products (Women) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 27: Global: Skin Lightening Products (Hypermarkets and Supermarkets) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 28: Global: Skin Lightening Products (Hypermarkets and Supermarkets) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 29: Global: Skin Lightening Products (Specialty Stores) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 30: Global: Skin Lightening Products (Specialty Stores) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 31: Global: Skin Lightening Products (Pharma and Drug Stores) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 32: Global: Skin Lightening Products (Pharma and Drug Stores) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 33: Global: Skin Lightening Products (Online Sales Channel) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 34: Global: Skin Lightening Products (Online Sales Channel) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 35: Global: Skin Lightening Products (Other Distribution Channels) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 36: Global: Skin Lightening Products (Other Distribution Channels) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 37: North America: Skin Lightening Products Market: Sales Value (in Million US$), 2018 & 2023
- Figure 38: North America: Skin Lightening Products Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 39: United States: Skin Lightening Products Market: Sales Value (in Million US$), 2018 & 2023
- Figure 40: United States: Skin Lightening Products Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 41: Canada: Skin Lightening Products Market: Sales Value (in Million US$), 2018 & 2023
- Figure 42: Canada: Skin Lightening Products Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 43: Asia-Pacific: Skin Lightening Products Market: Sales Value (in Million US$), 2018 & 2023
- Figure 44: Asia-Pacific: Skin Lightening Products Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 45: China: Skin Lightening Products Market: Sales Value (in Million US$), 2018 & 2023
- Figure 46: China: Skin Lightening Products Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 47: Japan: Skin Lightening Products Market: Sales Value (in Million US$), 2018 & 2023
- Figure 48: Japan: Skin Lightening Products Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 49: India: Skin Lightening Products Market: Sales Value (in Million US$), 2018 & 2023
- Figure 50: India: Skin Lightening Products Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 51: South Korea: Skin Lightening Products Market: Sales Value (in Million US$), 2018 & 2023
- Figure 52: South Korea: Skin Lightening Products Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 53: Australia: Skin Lightening Products Market: Sales Value (in Million US$), 2018 & 2023
- Figure 54: Australia: Skin Lightening Products Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 55: Indonesia: Skin Lightening Products Market: Sales Value (in Million US$), 2018 & 2023
- Figure 56: Indonesia: Skin Lightening Products Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 57: Others: Skin Lightening Products Market: Sales Value (in Million US$), 2018 & 2023
- Figure 58: Others: Skin Lightening Products Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 59: Europe: Skin Lightening Products Market: Sales Value (in Million US$), 2018 & 2023
- Figure 60: Europe: Skin Lightening Products Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 61: Germany: Skin Lightening Products Market: Sales Value (in Million US$), 2018 & 2023
- Figure 62: Germany: Skin Lightening Products Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 63: France: Skin Lightening Products Market: Sales Value (in Million US$), 2018 & 2023
- Figure 64: France: Skin Lightening Products Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 65: United Kingdom: Skin Lightening Products Market: Sales Value (in Million US$), 2018 & 2023
- Figure 66: United Kingdom: Skin Lightening Products Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 67: Italy: Skin Lightening Products Market: Sales Value (in Million US$), 2018 & 2023
- Figure 68: Italy: Skin Lightening Products Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 69: Spain: Skin Lightening Products Market: Sales Value (in Million US$), 2018 & 2023
- Figure 70: Spain: Skin Lightening Products Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 71: Russia: Skin Lightening Products Market: Sales Value (in Million US$), 2018 & 2023
- Figure 72: Russia: Skin Lightening Products Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 73: Others: Skin Lightening Products Market: Sales Value (in Million US$), 2018 & 2023
- Figure 74: Others: Skin Lightening Products Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 75: Latin America: Skin Lightening Products Market: Sales Value (in Million US$), 2018 & 2023
- Figure 76: Latin America: Skin Lightening Products Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 77: Brazil: Skin Lightening Products Market: Sales Value (in Million US$), 2018 & 2023
- Figure 78: Brazil: Skin Lightening Products Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 79: Mexico: Skin Lightening Products Market: Sales Value (in Million US$), 2018 & 2023
- Figure 80: Mexico: Skin Lightening Products Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 81: Others: Skin Lightening Products Market: Sales Value (in Million US$), 2018 & 2023
- Figure 82: Others: Skin Lightening Products Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 83: Middle East and Africa: Skin Lightening Products Market: Sales Value (in Million US$), 2018 & 2023
- Figure 84: Middle East and Africa: Skin Lightening Products Market: Breakup by Country (in %), 2023
- Figure 85: Middle East and Africa: Skin Lightening Products Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 86: Global: Skin Lightening Products Industry: Drivers, Restraints, and Opportunities
- Figure 87: Global: Skin Lightening Products Industry: Value Chain Analysis
- Figure 88: Global: Skin Lightening Products Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Skin Lightening Products Market: Key Industry Highlights, 2023 & 2032
- Table 2: Global: Skin Lightening Products Market Forecast: Breakup by Product (in Million US$), 2024-2032
- Table 3: Global: Skin Lightening Products Market Forecast: Breakup by Nature (in Million US$), 2024-2032
- Table 4: Global: Skin Lightening Products Market Forecast: Breakup by Gender (in Million US$), 2024-2032
- Table 5: Global: Skin Lightening Products Market Forecast: Breakup by Distribution Channel (in Million US$), 2024-2032
- Table 6: Global: Skin Lightening Products Market Forecast: Breakup by Region (in Million US$), 2024-2032
- Table 7: Global: Skin Lightening Products Market: Competitive Structure
- Table 8: Global: Skin Lightening Products Market: Key Players
