Skin Care Products Market Size & Share: Growth Rate, Segmentation, Statistics, Top Leaders Analysis, Research Report 2022-2027

The global skin care products market reached a value of US$ 145.3 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 192.7 Billion by 2027, exhibiting at a CAGR of 5.03% during 2022-2027.

The latest report by IMARC Group, titled "Skin Care Products Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027," offers a comprehensive analysis of the industry, which comprises insights on the global skin care products market. The report also includes competitor and regional analysis, and contemporary advancements in the market.

Skin care products are utilized to replenish the skin cells and counter the signs of aging, such as fine lines, age spots, and wrinkles. It is widely used for improving and maintaining the appearance of human skin. It includes toners, oils, serums, cleansers, body lotions, and creams. Numerous individuals regularly use these products for various purposes, such as cleansing, hydrating, and moisturizing. At present, the demand for organic and herbal skin care products is increasing significantly. This is due to the growing awareness among consumers regarding the adverse effects of synthetic chemicals on the skin.

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Covid-19 Overview:

The COVID-19 pandemic has immensely the skin care products market. The closures of brick-and-mortar stores due to strict lockdown measures resulted in sales decreasing globally. The skin care product companies responded positively to the crisis by addressing and increasing their production capacities by extending their product portfolio by including hand sanitizers and cleaning agents. The pandemic has led consumers to shift their preference from other distribution platforms to e-commerce platforms, which has shifted the ground for the distribution channel for the skin care products market.

Competitive Landscape:

The competitive landscape of the market has been studied in the report with detailed profiles of the key players operating in the market.

Some of these key players include:

• Johnson & Johnson Services, Inc.
• The Estée Lauder Companies.
• Unilever PLC/NV
• New Avon Company
• L'OREAL S.A.
• Kao Group
• Colgate-Palmolive Company
• Shiseido Co., Ltd.
• Beiersdorf AG
• The Procter & Gamble Company
• Revlon Consumer Products Corporation

Global Skin Care Products Market Trends:

The global market is majorly driven by the increasing demand for face creams, sunscreens, and body lotions. In line with this, the rapid expansion of the e-commerce sector is significantly contributing to market growth. Furthermore, with the growing consumer inclination toward natural beauty products, the adoption of creams, serums, and moisturizers infused with natural ingredients is creating a positive outlook for the market. Apart from this, the rising trend of natural ingredient-based skincare products has encouraged manufacturers to launch new products.

Moreover, the growing awareness regarding skin-friendly beauty products and the benefits of skin nourishment is offering numerous opportunities for the global skin care products market. Additionally, the increasing concerns about personal grooming among people of all ages are driving the demand for skincare products.

Explore Full Report with TOC & List of Figures: https://www.imarcgroup.com/skin-care-products-market

Key Market Segmentation:

Breakup by Product Type:
• Face Cream
o Skin Brightening Cream
o Anti-Aging Cream
o Sun Protection Cream
• Body Lotion
o Mass Body Care
o Premium Body Care
o Others

Breakup by Ingredient:
• Chemical
• Natural

Breakup by Gender:
• Male
• Female
• Unisex

Breakup by Distribution Channel:
• Supermarkets and Hypermarkets
• Beauty Parlours and Salons
• Multi Branded Retail Stores
• Online
• Exclusive Retail Stores
• Others

Breakup by Region:
• North America (United States, Canada)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

Key highlights of the Report:
• Market Performance (2016-2021)
• Market Outlook (2022-2027)
• COVID-19 Impact on the Market
• Porter's Five Forces Analysis
• Historical, Current and Future Market Trends
• Market Drivers and Success Factors
• SWOT Analysis
• Structure of the Market
• Value Chain Analysis
• Comprehensive Mapping of the Competitive Landscape

TOC for the Report:
• Preface
• Scope and Methodology
• Executive Summary
• Introduction
• Global Market
• SWOT Analysis
• Value Chain Analysis
• Price Analysis
• Competitive Landscape

Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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