Cosmetic Skin Care Market by Product Type, Form, Skin Preparation, Distribution, Gender

Description

List of Tables

[199 Pages Report] The Cosmetic Skin Care Market size was estimated at USD 189.07 billion in 2023 and expected to reach USD 199.62 billion in 2024, at a CAGR 5.87% to reach USD 281.93 billion by 2030.

Cosmetic skin care encompasses a broad range of products and practices that aim to maintain and improve the appearance of skin. Unlike medical or pharmaceutical skin care, cosmetic skin care focuses on the enhancement of skin's aesthetic appeal rather than treating clinical skin conditions. Products typically classified under cosmetic skin care include moisturizers, cleansers, exfoliators, serums, masks, and sunscreens. Heightened consumer awareness about the health benefits of skincare routines and products and rising disposable incomes among middle-class households are bolstering market growth. Furthermore, digital marketing and social media influences have become key drivers in brand promotion and consumer education. However, incidences of product recall and the presence of counterfeit cosmetic products in the market Additionally, the cosmetic skin care market faces challenges such as stringent regulations related to product formulation and claims and incidences of adverse skin reactions and allergies, which can impede the growth of the industry. However, key players are investing in novel product formulations and providing customized products to customers according to their skin type to prevent incidences of adverse reactions. Furthermore, the development of products with organic and natural ingredients, advancements in anti-aging technology, and utilization of sustainable raw materials in cosmetic skincare products can expand their growth.

KEY MARKET STATISTICS
Base Year [2023]	USD 189.07 billion
Estimated Year [2024]	USD 199.62 billion
Forecast Year [2030]	USD 281.93 billion
CAGR (%)	5.87%

Product Type: Rise in demand for anti-acne products due to the increasing prevalence of acne caused by changes in diet and lifestyle

The anti-acne sector includes products specifically designed to treat acne-prone skin. These products work to reduce sebum production, clear pores, and diminish the appearance of acne blemishes. Consumers who prefer anti-acne products are often teenagers and adults experiencing hormonal changes. Anti-aging skin care products are formulated to address signs of aging, such as wrinkles, fine lines, and reduced skin elasticity. The market need for such products is driven by an aging population seeking remedies to maintain a youthful appearance. Anti-scar solutions are designed to minimize the appearance of scars caused by acne, injuries, or surgeries. These products are preferred by individuals looking for reparative treatments to enhance skin texture and appearance. Dry skin care products aim to hydrate and nourish the skin, targeting consumers with naturally dry skin or those affected by seasonal changes. Infant skin care provides gentle and safe products for infants' delicate skin. These products cater to parents' needs to protect their babies from skin irritation and allergies. Intimate hygiene products are designed to maintain pH balance and prevent irritation in sensitive areas. The target consumers for these products are predominantly females concerned with personal hygiene. Products in the sensitive skin care category are formulated to prevent inflammation and irritation for those with reactive skin types. Consumers in this category seek hypoallergenic and fragrance-free options. Skin whitening or skin lightening products are popular in various regions, with consumers seeking to lighten their complexion or reduce the appearance of hyperpigmentation. Warts removal products cater to individuals seeking to remove benign skin growths effectively and safely.

Form: Extensive utilization of creams of cosmetic skin care products for hydration and moisturization

Aerosol cosmetics are packaged under pressure and dispensed as a fine spray. These are particularly preferred for sunscreens, deodorants, hair sprays, and shaving creams due to their ease of application and uniform distribution of products. Need-based preferences include quick drying, even coverage, and convenience in application. Capsule cosmetics are single-dose capsules with a precise amount of a product. They are favored for serums and anti-aging treatments due to their potency, stability of ingredients, and convenience. Creams and emulsions are among the most traditional forms of skincare, providing moisturization and targeted treatment for various skin concerns. These are preferred by consumers desiring intensive hydration and those with dry skin types. Gels are clear, non-greasy, and have a cooling effect on application. They are especially appealing for oily and acne-prone skin due to their lightweight consistency and quick absorption. Lotions are lighter in texture than creams and are easily absorbed into the skin; they are well-suited for normal to slightly dry skin. Ointments, on the other hand, have a thicker, more viscous texture and are used for their emollient properties, ideal for extremely dry or chapped skin. Cosmetic powders are preferred for their oil-absorbing properties and mattifying effects on the skin. They are suitable for setting up or for use in body powders. Sticks offer convenient, direct applications for products such as blemish treatments, sunscreens, and moisturizers. They are portable and mess-free, making them ideal for travel and touch-ups throughout the day. Suspensions are mixtures in which solid particles are dispersed throughout a liquid. They are often used for active ingredients that are not easily dissolved in solvents and are popular in sunscreens and color cosmetics.

Skin Preparation: Growing personalization of body and hand products to cater to diverse skin types

Body and hand care products encapsulate a wide range of skincare items dedicated to moisturizing, protecting, and nurturing the skin. The need-based preference for these products often correlates with skin type, environmental factors, and personal hygiene practices. The body and hand care market features both mass-market and luxury offerings. The cleansing subcategory includes products such as face washes, scrubs, and cleansing oils. Consumer preferences tend to revolve around the effectiveness of the product in removing impurities and makeup, as well as compatibility with skin types. Depilatories are hair removal products, and the preference often depends on ease of use, effectiveness, and skin sensitivity. Facial and neck skin care entails products such as serums, creams, and treatments tailored for the delicate skin in these areas. Consumers often seek anti-aging, hydrating, and firming properties. Foot powders and sprays focus on foot hygiene and comfort, with preferences typically associated with odor control and moisture absorption. Moisturizing products are essential for maintaining healthy skin and vary from light lotions to heavy creams. Patients with dry skin, eczema, or similar conditions often exhibit a strong need for intense moisturization. Night treatment products leverage the skin's natural reparative processes during sleep. Preferences within this sector are increasingly leaning towards products with active ingredients including retinoids and peptides. Paste masks target specific skin concerns such as acne, dullness, or dehydration. Consumers prefer these for their targeted treatment options and spa-like experiences. Skin fresheners, including toners and mists, are preferred for their ability to refine pores and refresh the skin. Depending on skin type, preferences may lead towards hydrating, balancing, or exfoliating formulas.

Distribution: Preference for online distribution channel due to inclination towards convenience shopping

Departmental stores and convenience stores play a pivotal role in the distribution of cosmetic skincare products. Customers who favor these channels seek a tangible shopping experience where they can physically assess the texture, scent, and packaging of products before making a purchase. These stores frequently offer a wide product range from various brands, providing instant gratification for shoppers who can take home their desired items immediately after purchase. Online channels cater to consumers who prioritize convenience, variety, and often price comparisons. E-commerce platforms provide an extensive range of products with detailed information, customer reviews, and, often, more competitive pricing. Pharmacies are trusted sources for dermatologically tested and recommended skincare products, often seen as more professional and health-oriented. Consumers who prefer shopping at pharmacies may have specific skincare concerns or sensitive skin that requires clinically validated products.

Gender: Changes in social trends leading to a demand for premium cosmetic skin care products for men

Men's skincare typically focuses on simplicity, multi-functional products, and addressing specific concerns such as oiliness, shaving irritation, and skin robustness. There is a growing demand for products formulated for men's typically thicker and more oily skin, with an emphasis on active ingredients that give clear results. Men often prefer products that save time and do not require a lengthy regimen. Women's skincare regimes are often multi-step, with high value placed on specific concerns such as skin tone, texture, hydration, and anti-aging. Cosmetic products that target issues such as fine lines, wrinkles, and dark spots are in high demand. There is also a significant market for cosmetics that include skincare benefits, known as cosmeceuticals. The female consumer segment is increasingly drawn towards personalized and natural or organic options.

Regional Insights

The Americas region, particularly the US and Canada, is characterized by the presence of a robust cosmetic industry due to consumer awareness about the social and health benefits of physical appearance. Additionally, established key players in this region are constantly investing in novel product formulation to expand their reach. Noteworthy initiatives in the Americas include significant investments in digital skin analysis tools and AI-driven personalized skincare recommendations. The EU harbors a sophisticated cosmetic skin care market. EU consumers prioritize product effectiveness, ingredient transparency, and the environmental footprint of their purchases. There is a strong preference for products free from parabens, synthetic dyes, and fragrances. The rise in organic and natural certifications across EU countries underlines the region's dedication to sustainability. Skincare is a daily routine for many European consumers, and products offering multifunctional benefits, such as blemish balm (BB) and color corrector (CC) creams, have witnessed steady growth. In the Asia-Pacific region, cultural influences deeply impact the skincare market. China and India represent substantial markets with burgeoning middle classes and increasing awareness of skincare benefits. In China, India, Japan, and South Korea, new policies encouraging domestic brands over international players are shaping purchasing behaviors. Demand for traditional cosmetic skincare products is also gaining significance.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Cosmetic Skin Care Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Cosmetic Skin Care Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Cosmetic Skin Care Market, highlighting leading vendors and their innovative profiles. These include A One Cosmetics Products, Amorepacific Corporation, Ascendis Health Limited, Beiersdorf AG, Bo International, CHANEL Ltd., Colgate-Palmolive Company, Coty Inc., Eminence Organic Skin Care, ESPA International by The Hut Group, Galderma S.A., Gayatri Herbals Pvt. Ltd., Himalaya Wellness Company, Honasa Consumer Ltd., JAFRA Cosmetics International, Inc., Johnson & Johnson Services, Inc., Kao Corporation, L'Oreal S.A., Natura & Co Group, NutriGlow Cosmetics Pvt Ltd., Oriflame Cosmetics AG, Plum, Procter & Gamble Company, Revlon Consumer Products LLC, Shiseido Company, Limited, Shree Cosmetics Limited, The Body Shop International Limited, The Estee Lauder Companies Inc., The Goodkind Co., Ulta Beauty, Inc, and Unilever PLC.

Market Segmentation & Coverage

This research report categorizes the Cosmetic Skin Care Market to forecast the revenues and analyze trends in each of the following sub-markets:

Product Type
- Anti-acne
- Anti-aging
- Anti-scars Solution
- Dry Skin Care
- Infants Skin Care
- Intimate Hygiene
- Sensitive Skin Care
- Skin Whitening
- Warts Removal

Form
- Aerosols
- Capsules
- Creams / Emulsions
- Gels
- Lotions/ Ointments
- Powders
- Sticks
- Suspensions

Skin Preparation
- Body and Hand
- Cleansing
- Depilatories
- Face and Neck
- Foot Powders & Sprays
- Moisturizing
- Night
- Paste Masks
- Skin Fresheners

Distribution
- Departmental Stores and Convenience Stores
- Online Channels
- Pharmacies

Gender
- Men
- Women

Region
- Americas
  - Argentina
  - Brazil
  - Canada
  - Mexico
  - United States
    - California
    - Florida
    - Illinois
    - New York
    - Ohio
    - Pennsylvania
    - Texas
- Asia-Pacific
  - Australia
  - China
  - India
  - Indonesia
  - Japan
  - Malaysia
  - Philippines
  - Singapore
  - South Korea
  - Taiwan
  - Thailand
  - Vietnam

Europe, Middle East & Africa
- Denmark
- Egypt
- Finland
- France
- Germany
- Israel
- Italy
- Netherlands
- Nigeria
- Norway
- Poland
- Qatar
- Russia
- Saudi Arabia
- South Africa
- Spain
- Sweden
- Switzerland
- Turkey
- United Arab Emirates
- United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.

2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.

3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.

4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.

5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Cosmetic Skin Care Market?

2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Cosmetic Skin Care Market?

3. What are the technology trends and regulatory frameworks in the Cosmetic Skin Care Market?

4. What is the market share of the leading vendors in the Cosmetic Skin Care Market?

5. Which modes and strategic moves are suitable for entering the Cosmetic Skin Care Market?

Product Code: MRR-4316E4E894A1

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Increasing Adoption of Skin Whitening and Acne Care Products
  - 5.1.1.2. Increasing Middle-aged and Senior Citizen Population
  - 5.1.1.3. Rising Awareness of Intimate Hygiene Coupled with Potential Demand for Infants Skin Care Products
- 5.1.2. Restraints
  - 5.1.2.1. Stringent Regulations Enacted by Governments Considering the Ingredients Used in Cosmetic Skin Care Products
- 5.1.3. Opportunities
  - 5.1.3.1. Product Innovation and Inclination Towards Organic Skin Care Products
  - 5.1.3.2. Emerging Customized Skin Care Brands
- 5.1.4. Challenges
  - 5.1.4.1. Concern Associated with the Development and Implementation of Testing Mechanisms to Ensure the Safe Level of Chemicals in the Final Product
5.2. Market Segmentation Analysis
- 5.2.1. Product Type: Rise in demand for anti-acne products due to the increasing prevalence of acne caused by changes in diet and lifestyle
- 5.2.2. Form: Extensive utilization of creams of cosmetic skin care products for hydration and moisturization
- 5.2.3. Skin Preparation: Growing personalization of body and hand products to cater to diverse skin types
- 5.2.4. Distribution: Preference for online distribution channel due to inclination towards convenience shopping
- 5.2.5. Gender: Changes in social trends leading to a demand for premium cosmetic skin care products for men
5.3. Market Trend Analysis
5.4. Cumulative Impact of Russia-Ukraine Conflict
5.5. Cumulative Impact of High Inflation
5.6. Porter's Five Forces Analysis
- 5.6.1. Threat of New Entrants
- 5.6.2. Threat of Substitutes
- 5.6.3. Bargaining Power of Customers
- 5.6.4. Bargaining Power of Suppliers
- 5.6.5. Industry Rivalry
5.7. Value Chain & Critical Path Analysis
5.8. Regulatory Framework Analysis
5.9. Client Customization

6. Cosmetic Skin Care Market, by Product Type

6.1. Introduction
6.2. Anti-acne
6.3. Anti-aging
6.4. Anti-scars Solution
6.5. Dry Skin Care
6.6. Infants Skin Care
6.7. Intimate Hygiene
6.8. Sensitive Skin Care
6.9. Skin Whitening
6.10. Warts Removal

7. Cosmetic Skin Care Market, by Form

7.1. Introduction
7.2. Aerosols
7.3. Capsules
7.4. Creams / Emulsions
7.5. Gels
7.6. Lotions/ Ointments
7.7. Powders
7.8. Sticks
7.9. Suspensions

8. Cosmetic Skin Care Market, by Skin Preparation

8.1. Introduction
8.2. Body and Hand
8.3. Cleansing
8.4. Depilatories
8.5. Face and Neck
8.6. Foot Powders & Sprays
8.7. Moisturizing
8.8. Night
8.9. Paste Masks
8.10. Skin Fresheners

9. Cosmetic Skin Care Market, by Distribution

9.1. Introduction
9.2. Departmental Stores and Convenience Stores
9.3. Online Channels
9.4. Pharmacies

10. Cosmetic Skin Care Market, by Gender

10.1. Introduction
10.2. Men
10.3. Women

11. Americas Cosmetic Skin Care Market

11.1. Introduction
11.2. Argentina
11.3. Brazil
11.4. Canada
11.5. Mexico
11.6. United States

12. Asia-Pacific Cosmetic Skin Care Market

12.1. Introduction
12.2. Australia
12.3. China
12.4. India
12.5. Indonesia
12.6. Japan
12.7. Malaysia
12.8. Philippines
12.9. Singapore
12.10. South Korea
12.11. Taiwan
12.12. Thailand
12.13. Vietnam

13. Europe, Middle East & Africa Cosmetic Skin Care Market

13.1. Introduction
13.2. Denmark
13.3. Egypt
13.4. Finland
13.5. France
13.6. Germany
13.7. Israel
13.8. Italy
13.9. Netherlands
13.10. Nigeria
13.11. Norway
13.12. Poland
13.13. Qatar
13.14. Russia
13.15. Saudi Arabia
13.16. South Africa
13.17. Spain
13.18. Sweden
13.19. Switzerland
13.20. Turkey
13.21. United Arab Emirates
13.22. United Kingdom

14. Competitive Landscape

14.1. Market Share Analysis, 2023
14.2. FPNV Positioning Matrix, 2023
14.3. Competitive Scenario Analysis
- 14.3.1. Lipoid Kosmetik AG Is Proud to Announce Collaboration with the NATRUE Label for a Broad Range of Products
- 14.3.2. Shiseido to acquire derma-cosmetic prestige skincare brand Dr. Dennis Gross
- 14.3.3. Anherb Natural launches new products in the cosmetic industry

15. Competitive Portfolio

15.1. Key Company Profiles
15.2. Key Product Portfolio