Press release
Skincare Market is Projected to Reach USD 245.26 Billion by 2030: Cognitive Market Research
Skincare Market is Projected to Reach USD 245.26 Billion by 2030: Cognitive Market Research
What is Skincare?
Skincare is the practice, which helps improve skin appearance and texture. Skincare used various cosmetic products such as creams, tonics, antimicrobials, lotions, and others. These products help to skin look appealing and confident in public. These products are used daily for several purposes like cleansing, moisturizing, and hydrating. In addition, skin care products are used to reduce hyperpigmentation, dark spots, and age spots.
Summary:
As per the study of CMR, The Global Skincare market size stood at USD 150.41 Billion in 2022 and will touch the mark of USD 245.26 Billion by 2030. The global market is expected to expand at a CAGR of 6.3 % during the forecast period (2023-2030).
To know more about The Skincare Market statistics click here: https://www.cognitivemarketresearch.com/skincare-market-report
Market Dynamics:
Skincare Market Drivers:
Increasing customers' preference for organic and natural products and rising environmentally friendly product acceptance is expected to drive the demand for the skincare market. In addition, increasing awareness about the skin care product among consumers is likely to boost the growth of the skincare market.
Skincare Market Opportunities:
Increasing research and development activities will present growth opportunities for the skincare market. In addition, increasing industrial development and organic skincare product preference are projected to create growth opportunities for the skincare market in the forecast period.
Skincare Market restraints:
Some people are allergic to the specific ingredient in the product is the key factor expected to hamper the growth of the skincare market. In addition, the increasing cost of skin care products is anticipated to restrict the growth of the skincare market.
Market Segmentation:
Products Type:
• Cleansers and Face Wash
• Creams and Moisturizers
• Powder
• Others
Based on product types, the creams and moisturizers segment has the highest market share in the skincare market. This attributed to the increasing production of creams and moisturizers from herbal and chemical products is a desired purity and simple process of skin care. Moisturizing help to decrease skin problems are likely to drive the demand for this segment.
Distribution Channel:
• Offline
• Online
Gender:
• Female
• Male
Based on gender, the female segment has the major market share in the skincare market. This is owing to increasing awareness of women about skin maintenance, and grooming, and the cosmetic product is expected to boost the growth of the target market.
Packaging Type:
• Bottles and Jars
• Tubes
• Others
By packaging types, the tubes segment has dominated the skincare market. This is attributed to the tube's inventive cosmetic product packaging and the use of the tube to store, transport, and carry cosmetics. In addition, tube products are commonly used as key packaging for the cosmetic packaging market is likely to drive the target segment.
Competitive Analysis of Skincare Market: L'Oréal Professional (France), Unilever (England), Procter & Gamble (U.S.), Estée Lauder Inc. (U.S.), Beiersdorf AG (Germany), Shiseido Co., Ltd. (Japan), Coty Inc. (U.S.), Natura & Co. (Brazil), Kao Corporation (Japan), Johnson & Johnson Services Inc. (U.S.), Avon Products Inc. (U.K.), Others
Get free sample pages of the latest published Skincare Market Report: https://www.cognitivemarketresearch.com/skincare-market-report
Regional Analysis:
Asia-Pacific accounted for the largest share of the skincare market, in 2022
Asia-Pacific has the largest revenue share in the skincare market. This is due to the increasing demand for skin care products in Asian countries like India and China and the use the skin care product for medicinal and cosmetic purposes. This is anticipated to drive the target market in the region.
Skincare Market Industry News:
P&G has a complete Acquisition with Billie Inc.
In January 2020, Procter & Gamble has announced the complete acquisition of Billie Inc. This acquisition is probable to strengthen Procter & Gamble's product range as Billie is mainly involved in supplying female grooming and beauty products.
Browse Here For Full TOC:
Table of Content (Revenue USD Edition), (Enquire about Volume/Consumption Edition Data)
Chapter 1 Industrial Insight and Market Scope
• 1.1 Global Skincare Industry Introduction
• 1.2 Objectives of the Study
• 1.3 USP of the Report
• 1.4 Who is this report for?
• 1.5 Designing of Market Scope
1.5.1 Skincare Market Segmentation
1.5.1 Skincare Market Regional Fragmentation
1.5.1 Skincare Market Players
• 1.6 Report Duration
• 1.7 List of Stakeholders
Chapter 2 Research MethodologyReview Complete Research Methodology
Chapter 3 Executive Summary of Skincare Market
• 3.1 Global Skincare Market Size 2018 - 2030, (USD Million)
• 3.2 Global Skincare Value, Absolute & Opportunity Analysis
• 3.3 Global Skincare Market Y-o-Y Growth Rate Projection by Region (2023 - 2030)
• 3.4 Global Skincare Market Statistics 2022: Snapshot
Chapter 4 Global Skincare Market Overview
Chapter 5 Competitive Analysis (Subject to Availability)
Chapter 6 Environmental, Social, and Governance (ESG) Analysis
Chapter 7 Qualitative Analysis
Chapter 8 Company Profiling (Subject to Availability)
Chapter 9 Global Skincare Market by Product Type Segmentation Analysis (2018-2030)
Chapter 10 Global Skincare Market by Packaging Type Segmentation Analysis (2018-2030)
Chapter 11 Global Skincare Market by Gender Segmentation Analysis (2018-2030)
Chapter 12 Global Skincare Market by Distribution Channel Segmentation Analysis (2018-2030)
Chapter 13 Global Skincare Market Regional Analysis
Chapter 14 North America Skincare Market Outlook (2018 - 2030)
Chapter 15 Europe Skincare Market Outlook (2018 - 2030)
Chapter 16 Asia Pacific Skincare Market Outlook (2018 - 2030)
Chapter 17 Latin America Skincare Market Outlook (2018 - 2030)
Chapter 18 Middle East and Africa Skincare Market Outlook (2018 - 2030)
Chapter 19 Research Findings
Customize the Report Edition (Is applicable, On Request, Subject to Data Available, At an Additional Cost)
To know more about The Skincare Market TOC click here: https://www.cognitivemarketresearch.com/skincare-market-report#table_of_contents
Related Report:
• Skincare Pump Bottle Market- https://www.cognitivemarketresearch.com/skincare-pump-bottle-market-report
• Dermatological Products Market- https://www.cognitivemarketresearch.com/dermatological-products-market-report
• Skin Lightening Products Market- https://www.cognitivemarketresearch.com/skin-lightening-products-market-report
• Dermatological Medicine Market- https://www.cognitivemarketresearch.com/dermatological-medicine-market-report
𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬
Nicolas Shaw
Cognitive Market Research
20 N State Street,Chicago,
Illinois, 60602
United States
USA: +1 312-376-8303
Europe and UK: (+44) 20-8144-9523
Asia Pacific: (+852) 81930785
Email: sales@cognitivemarketresearch.com
Website: https://www.cognitivemarketresearch.com/about-us
About Cognitive Market Research Company :
Cognitive Market Research has evolved as one leading market research and consulting firm and it provides services across multiple domains. Cognitive Market Research gathers and analyzes data about customers, competitors, distributors, and other market actors and forces operating across the value chain. As a market research company, we follow a complete process of gathering information about the target market and end-use industries to verify the complete journey of the product or service in the global market. It helps our readers understand the demand and viability of their product/service and how it might perform in the real world and help them to build business strategies accordingly.
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