The skin care products market is expected to grow USD 141.47 billion in 2021 to USD 204.91 billion by 2029, at a CAGR of 4.74% during the forecast period 2022-2029.
The skincare product is the scope of practices that improve appearance, keep skin integrity, and relieve skin conditions. Skin care products are readily obtainable, and their promotions among fanciful claims are ubiquitous. The skin care products provide nutrition; prevent needless sun exposure, and suitable emollients. Skin care contains modifications of individual behavior and of environmental and working conditions. The skin care products primarily consist of creams, moisturizers, lotions, face packs and conditioners. Skincare products incorporating hydroquinone are often called lightening agents or bleaching creams. The functionality of the skincare products ranges from mono-functional, e.g., protecting barrier creams, to poly-functional, e.g., soothing & restoring cleansers.
The factors driving the market are the increasing spending power of people worldwide, growing awareness about the different advantages of utilizing personal care products, massive investment in R&D to create innovative products, aggressive marketing approaches of existing vendors. Additionally, the increasing demand for personal grooming products for both females & males, growing demand for the popularity of corrective & aesthetic care among the young, and the rising prevalence & incidence of several skin conditions are the other driving factors of the market growth. The factor restraining the market growth is excessive use and misuse of skincare products. The opportunity for market growth is the increasing demand for anti-aging products.
This study delivers a comprehensive analysis of ingredient, gender, product type, distribution channel and region. The ingredient segment includes chemical and natural. The natural segment holds the largest market share in 2021 due to the growing popularity of natural ingredient-based beauty products and the increasing involvement of celebrities in promoting natural beauty products. Furthermore, the large customer brands are considering the intro of natural daily usage of skincare products is also helps to boost the segment's growth. The gender segment includes women and men. The women segment held the largest market share in 2021 due to the growing adding personal grooming products to their day-to-day routine. The product type segment includes body care, facial care, and lip care. The facial care segment held the largest market share in 2021 due to the rising trend of utilizing skin care products like acne treatments, face masks, facial moisturizers, and facial cleansers among customers. The distribution channel segment includes offline and online. The online segment held the largest market share in 2021 due to the different advantages like heavy discounts, easy payment methods, doorstep delivery, and the availability of a broad range of products on a single platform.
The market has been divided into North America, Europe, Asia-Pacific, Middle East & Africa, and South America. North America holds the largest market share due to the increasing infrastructure facilities for retailers. Additionally, the changing life patterns and advancement in living standards of people in the U.S. also help to contribute to the regions’ growth. The Asia Pacific is projected to observe significant growth due to the high need for skin-brightening creams. Further, the increase in per capita spending on personal care products in highly developing economies like Indonesia, China, South Korea, and India also helps boost the market's growth in this region.
Some of the notable players in the market are Beiersdorf AG, Shiseido Co., Ltd., L’Oreal S.A, Johnson & Johnson Services, Inc., Procter & Gamble (P&G), Avon Products, Inc., Colgate-Palmolive Company, Unilever, Revlon, and Coty Inc., and among others.
Report Description:
1. Introduction
1.1. Objectives of the Study
1.2. Market Definition
1.3. Research Scope
1.4. Currency
1.5. Key Target Audience
2. Research Methodology and Assumptions
3. Executive Summary
4. Premium Insights
4.1. Porter’s Five Forces Analysis
4.2. Value Chain Analysis
4.3. Top Investment Pockets
4.3.1. Market Attractiveness Analysis By Ingredient
4.3.2. Market Attractiveness Analysis By Gender
4.3.3. Market Attractiveness Analysis By Product Type
4.3.4. Market Attractiveness Analysis By Distribution Channel
4.3.5. Market Attractiveness Analysis By Region
4.4. Industry Trends
5. Market Dynamics
5.1. Market Evaluation
5.2. Drivers
5.2.1. Rising demand for organic personal care & cosmetics products
5.2.2. Increasing awareness regarding the different advantages of utilizing personal care products
5.2.3. Massive investment in R&D to create innovative products
5.2.4. Growing demand for the popularity of corrective & aesthetic care among the young
5.3. Restraints
5.3.1. Excessive use and misuse of skincare products
5.4. Opportunities
5.4.1. Demand for organic & natural skin care products
6. Global Skin Care Products Market Analysis and Forecast, By Ingredient
6.1. Segment Overview
6.2. Chemical
6.3. Natural
7. Global Skin Care Products Market Analysis and Forecast, By Gender
7.1. Segment Overview
7.2. Women
7.3. Men
8. Global Skin Care Products Market Analysis and Forecast, By Product Type
8.1. Segment Overview
8.2. Body Care
8.3. Facial Care
8.4. Lip Care
9. Global Skin Care Products Market Analysis and Forecast, By Distribution Channel
9.1. Segment Overview
9.2. Offline
9.3. Online
10. Global Skin Care Products Market Analysis and Forecast, By Regional Analysis
10.1. Segment Overview
10.2. North America
10.2.1. U.S.
10.2.2. Canada
10.2.3. Mexico
10.3. Europe
10.3.1. Germany
10.3.2. France
10.3.3. U.K.
10.3.4. Italy
10.3.5. Spain
10.4. Asia-Pacific
10.4.1. Japan
10.4.2. China
10.4.3. India
10.5. South America
10.5.1. Brazil
10.6. Middle East and Africa
10.6.1. UAE
10.6.2. South Africa
11. Global Skin Care Products Market-Competitive Landscape
11.1. Overview
11.2. Market Share of Key Players in Global Skin Care Products Market
11.2.1. Global Company Market Share
11.2.2. North America Company Market Share
11.2.3. Europe Company Market Share
11.2.4. APAC Company Market Share
11.3. Competitive Situations and Trends
11.3.1. Product Launches and Developments
11.3.2. Partnerships, Collaborations, and Agreements
11.3.3. Mergers & Acquisitions
11.3.4. Expansions
12. Company Profiles
12.1. Beiersdorf AG
12.1.1. Business Overview
12.1.2. Company Snapshot
12.1.3. Company Market Share Analysis
12.1.4. Company Product Portfolio
12.1.5. Recent Developments
12.1.6. SWOT Analysis
12.2. Shiseido Co., Ltd.
12.2.1. Business Overview
12.2.2. Company Snapshot
12.2.3. Company Market Share Analysis
12.2.4. Company Product Portfolio
12.2.5. Recent Developments
12.2.6. SWOT Analysis
12.3. L’Oreal S.A
12.3.1. Business Overview
12.3.2. Company Snapshot
12.3.3. Company Market Share Analysis
12.3.4. Company Product Portfolio
12.3.5. Recent Developments
12.3.6. SWOT Analysis
12.4. Johnson & Johnson Services, Inc.
12.4.1. Business Overview
12.4.2. Company Snapshot
12.4.3. Company Market Share Analysis
12.4.4. Company Product Portfolio
12.4.5. Recent Developments
12.4.6. SWOT Analysis
12.5. Procter & Gamble (P&G)
12.5.1. Business Overview
12.5.2. Company Snapshot
12.5.3. Company Market Share Analysis
12.5.4. Company Product Portfolio
12.5.5. Recent Developments
12.5.6. SWOT Analysis
12.6. Avon Products, Inc
12.6.1. Business Overview
12.6.2. Company Snapshot
12.6.3. Company Market Share Analysis
12.6.4. Company Product Portfolio
12.6.5. Recent Developments
12.6.6. SWOT Analysis
12.7. Colgate-Palmolive Company
12.7.1. Business Overview
12.7.2. Company Snapshot
12.7.3. Company Market Share Analysis
12.7.4. Company Product Portfolio
12.7.5. Recent Developments
12.7.6. SWOT Analysis
12.8. Unilever
12.8.1. Business Overview
12.8.2. Company Snapshot
12.8.3. Company Market Share Analysis
12.8.4. Company Product Portfolio
12.8.5. Recent Developments
12.8.6. SWOT Analysis
12.9. Revlon
12.9.1. Business Overview
12.9.2. Company Snapshot
12.9.3. Company Market Share Analysis
12.9.4. Company Product Portfolio
12.9.5. Recent Developments
12.9.6. SWOT Analysis
12.10. Coty Inc.
12.10.1. Business Overview
12.10.2. Company Snapshot
12.10.3. Company Market Share Analysis
12.10.4. Company Product Portfolio
12.10.5. Recent Developments
12.10.6. SWOT Analysis
List of Table
1. Global Skin Care Products Market, By Ingredient, 2022-2029 (USD Billion)
2. Global Chemical, Skin Care Products Market, By Region, 2022-2029 (USD Billion)
3. Global Natural, Skin Care Products Market, By Region, 2022-2029 (USD Billion)
4. Global Skin Care Products Market, By Gender, 2022-2029 (USD Billion)
5. Global Women, Skin Care Products Market, By Region, 2022-2029 (USD Billion)
6. Global Men, Skin Care Products Market, By Region, 2022-2029 (USD Billion)
7. Global Skin Care Products Market, By Product Type, 2022-2029 (USD Billion)
8. Global Body Care, Skin Care Products Market, By Region, 2022-2029 (USD Billion)
9. Global Facial Care, Skin Care Products Market, By Region, 2022-2029 (USD Billion)
10. Global Lip Care, Skin Care Products Market, By Region, 2022-2029 (USD Billion)
11. Global Skin Care Products Market, By Distribution Channel, 2022-2029 (USD Billion)
12. Global Offline, Skin Care Products Market, By Region, 2022-2029 (USD Billion)
13. Global Online, Skin Care Products Market, By Region, 2022-2029 (USD Billion)
14. North America Skin Care Products Market, By Ingredient, 2022-2029 (USD Billion)
15. North America Skin Care Products Market, By Gender, 2022-2029 (USD Billion)
16. North America Skin Care Products Market, By Product Type, 2022-2029 (USD Billion)
17. North America Skin Care Products Market, By Distribution Channel, 2022-2029 (USD Billion)
18. U.S. Skin Care Products Market, By Ingredient, 2022-2029 (USD Billion)
19. U.S. Skin Care Products Market, By Gender, 2022-2029 (USD Billion)
20. U.S. Skin Care Products Market, By Product Type, 2022-2029 (USD Billion)
21. U.S. Skin Care Products Market, By Distribution Channel, 2022-2029 (USD Billion)
22. Canada Skin Care Products Market, By Ingredient, 2022-2029 (USD Billion)
23. Canada Skin Care Products Market, By Gender, 2022-2029 (USD Billion)
24. Canada Skin Care Products Market, By Product Type, 2022-2029 (USD Billion)
25. Canada Skin Care Products Market, By Distribution Channel, 2022-2029 (USD Billion)
26. Mexico Skin Care Products Market, By Ingredient, 2022-2029 (USD Billion)
27. Mexico Skin Care Products Market, By Gender, 2022-2029 (USD Billion)
28. Mexico Skin Care Products Market, By Product Type, 2022-2029 (USD Billion)
29. Mexico Skin Care Products Market, By Distribution Channel, 2022-2029 (USD Billion)
30. Europe Skin Care Products Market, By Ingredient, 2022-2029 (USD Billion)
31. Europe Skin Care Products Market, By Gender, 2022-2029 (USD Billion)
32. Europe Skin Care Products Market, By Product Type, 2022-2029 (USD Billion)
33. Europe Skin Care Products Market, By Distribution Channel, 2022-2029 (USD Billion)
34. Germany Skin Care Products Market, By Ingredient, 2022-2029 (USD Billion)
35. Germany Skin Care Products Market, By Gender, 2022-2029 (USD Billion)
36. Germany Skin Care Products Market, By Product Type, 2022-2029 (USD Billion)
37. Germany Skin Care Products Market, By Distribution Channel, 2022-2029 (USD Billion)
38. France Skin Care Products Market, By Ingredient, 2022-2029 (USD Billion)
39. France Skin Care Products Market, By Gender, 2022-2029 (USD Billion)
40. France Skin Care Products Market, By Product Type, 2022-2029 (USD Billion)
41. France Skin Care Products Market, By Distribution Channel, 2022-2029 (USD Billion)
42. U.K. Skin Care Products Market, By Ingredient, 2022-2029 (USD Billion)
43. U.K. Skin Care Products Market, By Gender, 2022-2029 (USD Billion)
44. U.K. Skin Care Products Market, By Product Type, 2022-2029 (USD Billion)
45. U.K. Skin Care Products Market, By Distribution Channel, 2022-2029 (USD Billion)
46. Italy Skin Care Products Market, By Ingredient, 2022-2029 (USD Billion)
47. Italy Skin Care Products Market, By Gender, 2022-2029 (USD Billion)
48. Italy Skin Care Products Market, By Product Type, 2022-2029 (USD Billion)
49. Italy Skin Care Products Market, By Distribution Channel, 2022-2029 (USD Billion)
50. Spain Skin Care Products Market, By Ingredient, 2022-2029 (USD Billion)
51. Spain Skin Care Products Market, By Gender, 2022-2029 (USD Billion)
52. Spain Skin Care Products Market, By Product Type, 2022-2029 (USD Billion)
53. Spain Skin Care Products Market, By Distribution Channel, 2022-2029 (USD Billion)
54. Asia Pacific Skin Care Products Market, By Ingredient, 2022-2029 (USD Billion)
55. Asia Pacific Skin Care Products Market, By Gender, 2022-2029 (USD Billion)
56. Asia Pacific Skin Care Products Market, By Product Type, 2022-2029 (USD Billion)
57. Asia Pacific Skin Care Products Market, By Distribution Channel, 2022-2029 (USD Billion)
58. Japan Skin Care Products Market, By Ingredient, 2022-2029 (USD Billion)
59. Japan Skin Care Products Market, By Gender, 2022-2029 (USD Billion)
60. Japan Skin Care Products Market, By Product Type, 2022-2029 (USD Billion)
61. Japan Skin Care Products Market, By Distribution Channel, 2022-2029 (USD Billion)
62. China Skin Care Products Market, By Ingredient, 2022-2029 (USD Billion)
63. China Skin Care Products Market, By Gender, 2022-2029 (USD Billion)
64. China Skin Care Products Market, By Product Type, 2022-2029 (USD Billion)
65. China Skin Care Products Market, By Distribution Channel, 2022-2029 (USD Billion)
66. India Skin Care Products Market, By Ingredient, 2022-2029 (USD Billion)
67. India Skin Care Products Market, By Gender, 2022-2029 (USD Billion)
68. India Skin Care Products Market, By Product Type, 2022-2029 (USD Billion)
69. India Skin Care Products Market, By Distribution Channel, 2022-2029 (USD Billion)
70. South America Skin Care Products Market, By Ingredient, 2022-2029 (USD Billion)
71. South America Skin Care Products Market, By Gender, 2022-2029 (USD Billion)
72. South America Skin Care Products Market, By Product Type, 2022-2029 (USD Billion)
73. South America Skin Care Products Market, By Distribution Channel, 2022-2029 (USD Billion)
74. Brazil Skin Care Products Market, By Ingredient, 2022-2029 (USD Billion)
75. Brazil Skin Care Products Market, By Gender, 2022-2029 (USD Billion)
76. Brazil Skin Care Products Market, By Product Type, 2022-2029 (USD Billion)
77. Brazil Skin Care Products Market, By Distribution Channel, 2022-2029 (USD Billion)
78. Middle East and Africa Skin Care Products Market, By Ingredient, 2022-2029 (USD Billion)
79. Middle East and Africa Skin Care Products Market, By Gender, 2022-2029 (USD Billion)
80. Middle East and Africa Skin Care Products Market, By Product Type, 2022-2029 (USD Billion)
81. Middle East and Africa Skin Care Products Market, By Distribution Channel, 2022-2029 (USD Billion)
82. UAE Skin Care Products Market, By Ingredient, 2022-2029 (USD Billion)
83. UAE Skin Care Products Market, By Gender, 2022-2029 (USD Billion)
84. UAE Skin Care Products Market, By Product Type, 2022-2029 (USD Billion)
85. UAE Skin Care Products Market, By Distribution Channel, 2022-2029 (USD Billion)
86. South Africa Skin Care Products Market, By Ingredient, 2022-2029 (USD Billion)
87. South Africa Skin Care Products Market, By Gender, 2022-2029 (USD Billion)
88. South Africa Skin Care Products Market, By Product Type, 2022-2029 (USD Billion)
89. South Africa Skin Care Products Market, By Distribution Channel, 2022-2029 (USD Billion)
List of Figures
1. Global Skin Care Products Market Segmentation
2. Global Skin Care Products Market: Research Methodology
3. Market Size Estimation Methodology: Bottom-Up Approach
4. Market Size Estimation Methodology: Top-Down Approach
5. Data Triangulation
6. Porter’s Five Forces Analysis
7. Value Chain Analysis
8. Global Skin Care Products Market Attractiveness Analysis By Ingredient
9. Global Skin Care Products Market Attractiveness Analysis By Gender
10. Global Skin Care Products Market Attractiveness Analysis By Product Type
11. Global Skin Care Products Market Attractiveness Analysis By Distribution Channel
12. Global Skin Care Products Market Attractiveness Analysis By Region
13. Global Skin Care Products Market: Dynamics
14. Global Skin Care Products Market Share By Ingredient (2022 & 2029)
15. Global Skin Care Products Market Share By Gender (2022 & 2029)
16. Global Skin Care Products Market Share By Product Type (2022 & 2029)
17. Global Skin Care Products Market Share By Distribution Channel (2022 & 2029)
18. Global Skin Care Products Market Share By Regions (2022 & 2029)
19. Global Skin Care Products Market Share By Company (2021)
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