Press release
Skincare Market Size, Share, Forecast Report 2024-2032
The skincare market size was valued at USD 109.71 billion in 2023 and is projected to reach a valuation of USD 115.65 billion in 2024. The market is expected to reach USD 194.05 billion by 2032 with a CAGR of 6.68%during the forecast period. Skincare products improve the quality and health of the skin and provide nourishment. These products offer various advantages such as softening the skin and revitalizing cells, giving a fresh look. Increasing awareness of personal care among all age groups is set to drive market growth. Fortune Business Insightsโข shares this information in its report titled "Skincare Market, 2024-2032."๐๐๐ญ ๐ ๐ ๐ซ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐๐ซ๐จ๐๐ก๐ฎ๐ซ๐:
https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/skin-care-market-102544
๐๐ข๐ฌ๐ญ ๐จ๐ ๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ ๐๐๐ง๐ญ๐ข๐จ๐ง๐๐ ๐ข๐ง ๐ญ๐ก๐ ๐ฆ๐ธ๐ถ๐ป๐ฐ๐ฎ๐ฟ๐ฒ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐๐๐ฉ๐จ๐ซ๐ญ:
โถL'Orรฉal Professional (France)
โถ Unilever (U.K.)
โถ Procter & Gamble (U.S.)
โถ Estรฉe Lauder Inc. (U.S.)
โถ Beiersdorf AG (Germany)
โถ Shiseido Co., Ltd. (Japan)
โถ Coty Inc. (U.S.)
โถ Natura & Co. (Brazil)
โถ Kao Corporation (Japan)
โถ Johnson & Johnson Services, Inc. (U.S.)
โถ Avon Products Inc. (U.K.)
๐ฆ๐ฒ๐ด๐บ๐ฒ๐ป๐๐ฎ๐๐ถ๐ผ๐ป: ๐ฆ๐ธ๐ถ๐ป๐ฐ๐ฎ๐ฟ๐ฒ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐
๐๐ฟ๐ฒ๐ฎ๐บ๐ ๐ง๐ผ ๐๐ถ๐ฐ๐๐ฎ๐๐ฒ ๐๐๐ฒ ๐ง๐ผ ๐ฉ๐ฎ๐ฟ๐ถ๐ผ๐๐ ๐๐ฝ๐ฝ๐น๐ถ๐ฐ๐ฎ๐๐ถ๐ผ๐ป๐
On the basis of product, the market is segmented into creams, lotions, powders, and sprays. Creams had the largest part in the market as they are used for various applications such as moisturizing, brightening, tan removal, acne removal, oil reduction, dark circle removal, night cream, and sun protection.
๐๐ฎ๐ฐ๐ฒ ๐ฆ๐ฒ๐ด๐บ๐ฒ๐ป๐ ๐๐ผ ๐๐ผ๐๐ฒ๐ฟ๐ป ๐๐๐ฒ ๐๐ผ ๐๐ป๐ฐ๐ฟ๐ฒ๐ฎ๐๐ถ๐ป๐ด ๐จ๐๐ฎ๐ด๐ฒ
Based on packaging, the market is categorized into tube, jar, bottle, and others. Face segment is anticipated to dominate the market as consumers generally apply creams and powders on the face compared to other body parts. Major companies have been developing sustainable face products that are safe for the environment.
๐๐ฒ๐บ๐ฎ๐น๐ฒ ๐ฆ๐ฒ๐ด๐บ๐ฒ๐ป๐ ๐ง๐ผ ๐๐ฒ๐ฎ๐ฑ ๐๐๐ฒ ๐ง๐ผ ๐ฅ๐ถ๐๐ถ๐ป๐ด ๐๐๐ฎ๐ฟ๐ฒ๐ป๐ฒ๐๐ ๐ฅ๐ฒ๐ด๐ฎ๐ฟ๐ฑ๐ถ๐ป๐ด ๐ฃ๐ฒ๐ฟ๐๐ผ๐ป๐ฎ๐น ๐๐ฟ๐ผ๐ผ๐บ๐ถ๐ป๐ด
On the basis of gender, the market is categorized into male and female. Female hold the majority part due to rising awareness regarding grooming, skin maintenance, and willingness to look better have led to the development and launch of new products.
๐๐ผ๐๐บ๐ฒ๐๐ถ๐ฐ ๐ฆ๐๐ผ๐ฟ๐ฒ๐ ๐๐ผ ๐๐ฒ๐ฎ๐ฑ ๐๐ ๐ง๐ต๐ฒ๐ ๐ฆ๐ฝ๐ฒ๐ฐ๐ถ๐ฎ๐น๐ถ๐๐ฒ ๐ถ๐ป ๐ฆ๐ฒ๐น๐น๐ถ๐ป๐ด ๐๐ผ๐๐บ๐ฒ๐๐ถ๐ฐ ๐ฃ๐ฟ๐ผ๐ฑ๐๐ฐ๐๐
On the basis of distribution channel, the market is categorized into cosmetic stores, supermarkets/ hypermarkets, online channels, and others. Cosmetic stores are set to lead as they are specialize in selling cosmetic products and they make cosmetic products available and facilitate the customers available with product details.
Based on geography, the market is studied in North America, Europe, Asia Pacific, South America, and the Middle East & Africa.
๐๐ฌ๐ค ๐๐จ๐ซ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ญ๐ข๐จ๐ง:
https://www.fortunebusinessinsights.com/enquiry/ask-for-customization/skin-care-market-102544
๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฏ๐๐ซ๐๐ ๐:
The report includes:
โฃ Major growth drivers, restraining factors, opportunities, and potential challenges for the market.
โฃ Comprehensive insights into regional developments.
โฃ List of major industry players.
โฃ Key strategies adopted by the market players.
โฃ Recent industry developments include product launches, partnerships, mergers, and acquisitions.
๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ ๐๐ง๐ ๐๐๐ฌ๐ญ๐ซ๐๐ข๐ง๐ญ๐ฌ:
๐๐ฟ๐ผ๐๐ถ๐ป๐ด ๐๐๐ฎ๐ฟ๐ฒ๐ป๐ฒ๐๐ ๐ฅ๐ฒ๐ด๐ฎ๐ฟ๐ฑ๐ถ๐ป๐ด ๐ฆ๐ธ๐ถ๐ป ๐ก๐ผ๐๐ฟ๐ถ๐๐ต๐บ๐ฒ๐ป๐ ๐๐ผ ๐๐๐ด๐บ๐ฒ๐ป๐ ๐๐ต๐ฒ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐๐ฟ๐ผ๐๐๐ต
Growing awareness regarding skin nourishment is anticipated to drive skincare market growth. Rising concerns about skin nourishment owing to acne, black spots, scars, dullness, and tanning have increased the demand for skin nourishment products. Skin brightening products, toners, and scrubs are witnessing higher demand from the younger population. Products which provide solutions for wrinkles or cracked heels are gaining significant traction owing to their increasing demand from the aged population.
However, excessive usage and misuse of skincare products can cause cell damage which is expected to hamper the market growth.
๐๐๐ญ ๐ ๐๐ฎ๐จ๐ญ๐ ๐๐จ๐ฐ:
https://www.fortunebusinessinsights.com/enquiry/get-a-quote/skin-care-market-102544
๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ:
๐๐๐ถ๐ฎ ๐ฃ๐ฎ๐ฐ๐ถ๐ณ๐ถ๐ฐ ๐๐ผ ๐๐ผ๐๐ฒ๐ฟ๐ป ๐ข๐๐ถ๐ป๐ด ๐ง๐ผ ๐๐ป๐ฐ๐ฟ๐ฒ๐ฎ๐๐ฒ ๐ถ๐ป ๐๐ต๐ฒ ๐๐ฒ๐๐ฒ๐น๐ ๐ผ๐ณ ๐ฆ๐๐ฎ๐ป๐ฑ๐ฎ๐ฟ๐ฑ ๐ผ๐ณ ๐๐ถ๐๐ถ๐ป๐ด
Asia Pacific is expected to have largest part in the skincare market share due to increase in the levels of standard of living. Increasing levels of working population and increasing spending power of the populace is set to propel market growth. Changing lifestyls of the popualtion in countries such as China, India, Japan, and others have increased spending on well-being and personal care products.
North America is anticipated to have a considerable substantial growth in the forecast period increasing awareness regarding skin nourishment products owing to increased access to a wide range of brands.
Europe has a moderate growth due to concerns by the European male and female populations about their looks and therefore pay more attention to improving the overall quality of their skin.
๐๐จ๐ฆ๐ฉ๐๐ญ๐ข๐ญ๐ข๐ฏ๐ ๐๐๐ง๐๐ฌ๐๐๐ฉ๐:
๐๐๐ผ๐ป ๐๐ฎ๐๐ป๐ฐ๐ต๐ฒ๐ฑ ๐๐๐ ๐ฉ๐ฒ๐ด๐ฎ๐ป ๐ฆ๐ธ๐ถ๐ป๐ฐ๐ฎ๐ฟ๐ฒ ๐๐ฎ๐น๐น๐ฒ๐ฑ '๐๐ฎ๐ฟ๐บ๐ฅ๐ซ' ๐ช๐ต๐ถ๐ฐ๐ต ๐๐ ๐ ๐ฎ๐ฑ๐ฒ ๐ข๐ณ ๐ด๐ฑ% ๐๐น๐ฒ๐ฎ๐ป ๐๐ป๐ด๐ฟ๐ฒ๐ฑ๐ถ๐ฒ๐ป๐๐
Manufacturers have been introducing sustainable ingredients which are organic and vegan products and eco-friendly packaging solutions to reduce their carbon footprint. In April 2021, Avon launched its vegan skincare called 'FarmRX'. The product line includes various products which are made of 85% clean ingredients that provide glowing and healthy skin to the consumers. The products also come in sustainable packaging and are made from a blend of botanicals.
๐๐๐๐ ๐๐๐ฅ๐๐ญ๐๐ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ:
Salon Services Market
https://www.fortunebusinessinsights.com/salon-service-market-104608
Organic Soap Market
https://www.fortunebusinessinsights.com/organic-soap-market-108859
Hair Dryer Market
https://www.fortunebusinessinsights.com/hair-dryer-market-106228
๐๐๐ฒ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ:
November 2022- Avon partnered with Perfect Corp. for improving the virtual makeup technology system and assist consumers in choosing suitable product types.
๐๐ผ๐ป๐๐ฎ๐ฐ๐ ๐จ๐:
Fortune Business Insightsโข Pvt. Ltd.
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๐๐๐จ๐ฎ๐ญ ๐๐ฌ:
Fortune Business Insightsโข offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.
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