PUBLISHER: MarketLine | PRODUCT CODE: 1761664
PUBLISHER: MarketLine | PRODUCT CODE: 1761664
Global Skincare industry profile provides top-line qualitative and quantitative summary information including: market share, Market size (value and volume , and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the Market.
The skincare market consists of the retail sale of facial care, body care, hand care, depilatories, and make-up remover products. The market is valued according to retail selling price (RSP) and includes any applicable taxes. All currency conversions have been made using constant annual average 2024 exchange rates.
The global Skincare market recorded revenues of $162,840.7 million in 2024, representing a compound annual growth rate (CAGR) of 1.5% between 2019-24.
Market consumption volume increased with a CAGR of 0.3% between 2019-24, reaching a total of 21,696.4 million units in 2024.
Due to the challenges posed by the global economic slowdown triggered by factors such as rising inflation, climate change, the Russia-Ukraine conflict, and shifting consumer purchasing patterns, the global skincare market experienced slow growth during 2019-24.