openPR Logo
Press release

Skin Lightening Products Market Rising at 7.5% CAGR to Reach US$ 22 Billion by 2032

10-13-2023 09:24 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Fact.MR Market Research

Germany stands as a prominent market for beauty and cosmetic products in the European landscape, commanding a substantial value of approximately USD 15 billion. Among its various segments, skincare exhibits the most significant growth. Notably, Germany is home to one of the world's most rapidly aging populations, and this demographic shift has spurred a heightened demand for anti-aging skincare products within the region.

In the domain of skin lightening products market achieved a valuation of around USD 10 billion in 2021, and it is on a trajectory of rapid expansion, poised to attain a Compound Annual Growth Rate (CAGR) of 7.5%. By the year 2032, it is forecasted to reach an impressive USD 22 billion. The demand for skin lightening creams and lotions is substantial and expected to sustain a CAGR of 7.5% during the assessment period spanning from 2022 to 2032.

For more insights into the Market, Request a Sample of this Report:
https://www.factmr.com/connectus/sample?flag=S&rep_id=309

Competitive Landscape:

Highly Fragmented Market Structure with Organized and Unorganized Players

The aforementioned players are mainly relying on a mix of organic and inorganic growth strategies such as product launches, acquisitions, and collaboration. Some of the key developments are:-

• For instance, Gillette, in 2021, launched shaving and skincare products under the brand name PLANET KIND. The product line-up includes face washes, moisturizers, and others.

• In 2021, with a focus on individual skincare needs, Beiersdorf launched the newly formulated face care brand OWN.

• Moreover, in 2021, L'Oreal acquired a skincare brand Theyers Natural Remedies, a US-based company. Through this acquisition, L'Oreal expects to increase its customer base by integrating it into the customer product division.

Key Companies Profiled:
• L'Oréal S.A.
• Procter & Gamble Co.
• Unilever plc.
• Beiersdorf AG
• Estee Lauder Co., Inc.
• Avon Products, Inc.
• Shiseido Company Limited
• E.T. Browne Drug Co., Inc.
• Kao Corporation
• Emami Ltd.
• Dabur India Ltd.
• Johnson & Johnson

Category-wise Insights:

Creams and Lotion is expected to remain high in demand, with sales accounting for about half of the total revenue share. Additionally, face mask will exhibit highest CAGR surpassing US$ 900 Mn worth in revenue by the end of forecast period. Additionally, the segment is expected to garner incremental $ opportunity of around US$ 80 Mn giving a positive outlook to the industry.

Moreover, with penetration of organic skin care products in the market creams and lotion will project an additional growth owing to wide range of product line-up coupled with growing disposable income in regions like China, India and Europe.

Online shopping is recent trend in the world of beauty and cosmetic products, while top 20 manufactures still opt for traditional sales channel such as supermarkets and retail stores, change is evident at millennial nowadays want everything at their fingertips.

For instance, in 2019 Americans spent about US$ 14 Bn on beauty and cosmetic products online. Growth of online sales can be attributed to the varied product line up it offers and over a range of brand to choose from.

It is interesting to note that the top 20 brands which captures 90% of the total sales through traditional retail channel, those same companies has just 14% of share online.

Key Segments in Skin Lightening Products Industry Research:
· By Nature :
• Conventional
• Organic

· By Product Type :
• Creams and Lotions
• Cleansers and Toners
• Face Masks
• Scrubs
• Other Product Types

· By Sales Channel :
• Specialty Stores
• Convenience Stores
• Online Retailers
• Other Sales Channels

· By Region :
• North America
• Latin America
• Europe
• Japan
• APEJ
• Middle East Africa

For in-depth competitive analysis, Buy Now:
https://www.factmr.com/checkout/309

Winning Strategy:

Manufacturing companies are opting for more sustainable processes keeping in mind the needs of present consumers. Additionally, market players are investing heavily in R&D and innovative solutions to come up with more efficient cosmetic products.

Questionnaire answered in the Market outlook Report of Skin Lightening Products include:

• What is the key strategy deployed by large players to maximize Skin Lightening Products growth?

• What are the main challenges faced by players in the Skin Lightening Products Demand?

• With the advent of technological advancement, how will the Skin Lightening Products landscape change over the forecast period?

• What does player bring to the table which is unique as a strategy, and is easy to emulate for new investors in the Skin Lightening Products size?

Contact:
US Sales Office :
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
E-Mail: sales@factmr.com

About Us:
We are a trusted research partner of 80% of fortune 1000 companies across the globe. We are consistently growing in the field of market research with more than 1000 reports published every year.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Skin Lightening Products Market Rising at 7.5% CAGR to Reach US$ 22 Billion by 2032 here

News-ID: 3248477 • Views:

More Releases from Fact.MR Market Research

Undecylenic Acid Market Is Expected To Grow At A CAGR Of 4% During The Forecast Period
Undecylenic Acid Market Is Expected To Grow At A CAGR Of 4% During The Forecast …
Undecylenic acid, an unsaturated fatty acid derived from castor oil, is recognized for its antifungal properties. It is widely used in medical treatments for skin infections, as well as in the production of cosmetics and personal care products. The market is projected to witness higher single-digit growth globally during the forecast period, with regions like North America and Europe leading in volume, while the Middle East and Africa (MEA) are
Whey Cheese Market to Reach USD 21.6 Billion by 2035 Amid Rising Demand for Functional Dairy Ingredients
Whey Cheese Market to Reach USD 21.6 Billion by 2035 Amid Rising Demand for Func …
The global whey cheese market is witnessing remarkable growth, driven by increasing consumer preference for protein-rich, functional, and sustainable dairy products. According to recent research, the market is expected to reach USD 21.6 billion by 2035, up from USD 10.5 billion in 2024, marking a robust compound annual growth rate (CAGR) of 6.8% during the forecast period from 2025 to 2035. Rising Demand for Functional and Protein-Rich Foods Fuels Market Expansion The
Enzyme-Enhanced Ingredients Market to Reach USD 11,657 Million by 2035, Driven by Innovation in Food and Beverage Applications
Enzyme-Enhanced Ingredients Market to Reach USD 11,657 Million by 2035, Driven b …
The global enzyme-enhanced ingredients market is poised for remarkable growth, with the industry projected to reach USD 11,657 million by 2035, up from USD 5,955 million in 2024. This expansion is expected to occur at a robust compound annual growth rate (CAGR) of 6.5% between 2025 and 2035. The surge in demand is primarily driven by the rising adoption of enzyme-based solutions across food, beverage, and nutraceutical industries, alongside an
Glycine Market Set to Reach USD 2,825.8 Million by 2035, Driven by Expanding Applications in Pharmaceuticals, Food, and Cosmetics
Glycine Market Set to Reach USD 2,825.8 Million by 2035, Driven by Expanding App …
The global glycine market is poised for remarkable growth over the next decade, with market value projected to surge from USD 1,356.4 million in 2024 to USD 2,825.8 million by 2035. During the forecast period from 2025 to 2035, the industry is expected to expand at a robust CAGR of 6.9%, reflecting the increasing demand for this versatile amino acid across multiple end-use sectors. Glycine, the simplest amino acid, is

All 5 Releases


More Releases for Product

Genstore Ranks #1 Product of the Day on Product Hunt
Los Angeles - September 11, 2025 - Genstore [https://www.genstore.ai/], an AI-native e-commerce platform, ranked #1 Product of the Day on Product Hunt and emerged as one of the week's top-trending products. The recognition underscores strong community support for Genstore's mission to make advanced commerce simple, accessible, and cost-efficient for small and medium-sized businesses worldwide. Image: https://www.globalnewslines.com/uploads/2025/09/ab03aa9cb9a17e4c42e998d53f216bde.jpg "Genstore lets anyone start selling online with just a prompt. But of course, that's just the
Large Volume Parenteral Product Market New Product Development & Latest Trends
The global Large Volume Parenteral (LVP) market is poised for significant growth, projected to reach a value of approximately $12.5 billion in 2024. During the forecast period from 2025 to 2034, the market is expected to expand at a robust Compound Annual Growth Rate (CAGR) of 6.5%, culminating in an estimated market value of $22 billion by 2034. Exactitude Consultancy., Ltd. released a research report offers a comprehensive examination of the
Product technology, product usage tips, industry trends
Product Craftsmanship: Yiwu LABON Stationery Co., Ltd. Showcases Superior Craftsmanship in OEM Notebooks Yiwu LABON Stationery Co., Ltd., established in 2003, has built a reputation for exceptional craftsmanship in the OEM notebook industry. Our factory-based company combines traditional techniques with modern innovation to create notebooks that stand out for their quality and design. Each notebook crafted by Yiwu LABON represents a meticulous process where attention to detail and precision are paramount.
Product List: The Ultimate Destination for Product and Deal Discovery
Finding the right product or tool to suit your needs can be a daunting task, and securing the best deal on them can be equally challenging. Each day, plenty of tools are launched, each with unique use cases. Individuals across various industries can benefit from these tools as they simplify their tasks compared to traditional methods. However, it's essential to consider the cost, as some tools are free while others come
Logistics Packaging Market Enhance Product Safety, Maintain Product Quality, Ext …
MarketResearchReports.Biz presents this most up-to-date research on "Logistics Packaging Market: Global Industry Analysis 2013-2017 and Opportunity Assessment 2018-2028" The global logistics sector continues to develop at an impressive rate. As a result, the packaging industry is undergoing enormous changes with specified focus on posing innovative packaging tools/products to various industry verticals. Logistics packaging is primarily done to enhance product safety, maintain product quality, extended product storage, and cater to other aspects
Product News: Release of Product Update
Here’s some important product news for EXA40/EXA24160 and EXA48600/EXA32100. The last software versions include several new features that improve our solutions further. Our latest product update is part of our ongoing effort to offer better and improved products to meet the needs of the changing network infrastructure. EXA40/EXA24160 Version 1.6.2 Generic Header Stripping By now the EXA40/EXA24160 supports a generic header stripping function. This function allows removing encapsulations by defining an offset (in