Press release
Skin Care Products Market Size 2023: Hits US$ 200.0 Billion by 2028, At CAGR of 4.8%
Skin Care Products Market Report 2023-2028
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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IMARC Group
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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
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