Skin Care Products Market Size 2023: Hits US$ 200.0 Billion by 2028, At CAGR of 4.8%

The latest report by IMARC Group, titled "Skin Care Products Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028," 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.

The global skin care products market size reached US$ 152.7 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 200.0 Billion by 2028, exhibiting a growth rate (CAGR) of 4.8% during 2023-2028.

Skin care products are used to enhance and treat the overall health and appearance and provide nourishment. They include scrubs, toners, body lotions, moisturizers, cleansers, face washes, creams, oils, and serums that are prepared using various chemical and natural ingredients, such as alpha-hydroxy acids, retinol, bentonite clay, hyaluronic acid, aloe vera, and tea tree oil. Skin care products assist in retaining elasticity, removing dead skin cells, and preventing wrinkles, fine lines, and age spots. They also shield from harmful ultraviolet (UV) rays and avoid blemishes, tanning, sun damage, and hyperpigmentation. In addition, skin care products protect individuals from harmful bacteria and allergens. As a result, these items are extensively available across supermarkets, beauty parlors, salons, multi-branded retail stores, hypermarkets, online or offline channels, etc.

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Request Free Sample Report: https://www.imarcgroup.com/skin-care-products-market/requestsample

Global Skin Care Products Market Trends:

The escalating working population across the globe and the rising awareness among individuals toward their physical appearance are primarily driving the skin care products market. Besides this, the emerging trend of urbanization, the inflating disposable income levels, and the shifting spending patterns of individuals are further augmenting the market growth. Moreover, the elevating requirement for skin care products, owing to the increasing pollution levels and the high occurrence of disorders, such as cancer, allergies, and infection, is also catalyzing the global market.

Apart from this, the growing consciousness among the masses toward the benefits of using herbal and organic variants is acting as another significant growth-inducing factor. Furthermore, the leading market players are focusing on promotional activities, including celebrity endorsement and advertisement on social media platforms and televisions (TVs), to expand their consumer base, which is anticipated to propel the skin care products market over the forecasted period.

Explore the Full Report with TOC & List of Figures: https://www.imarcgroup.com/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

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 (2017-2022)
• Market Outlook (2023-2028)
• 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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