Global Skin Care Products Market
The global Skin Care Products market was valued at USD 1,34,700 million in 2020 which expected to reach USD 1,88,240 million by 2027 at a CAGR 4.8% from 2020-2027.
Medical skin care products are used to improve the appearance of the skin or to treat certain skin conditions. The cosmetics industry is flourishing, and skin care is a significant component of it. People are so concerned with their appearance that they spend a lot of money on skin care products and treatments. People are becoming more technologically aware of the different new skin care products that are currently available on the market.
Market Drivers
Increasing Personal Grooming Awareness among All Age Groups to Increase Demand. The need for skin nourishment products has developed as a result of rising worries about skin nourishment caused by a variety of issues such as the increased occurrence of acne, black spots, scars, dullness, and tanning. The younger demographic is more interested in skin brightening treatments, toners, and scrubs, whereas the older group is more interested in products that address wrinkles or cracked heels.
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Market Restraints
Excessive and improper use can damage cells and obstruct growth due to regular use of cosmetic products for an extended period of time can harm the skin, causing irritation, redness, burning sensations, discoloration, and skin cell aging. Some skin nourishing products are designed specifically for certain skin types, such as dry or oily skin.
Impact of COVID-19
Companies are having difficulty physically seeing their channel partners and finalizing business deals due to COViD 19 lockdown restrictions in several nations throughout the world. The companies' product revenues are being impacted as a result of this. Furthermore, issues like as the closure of beauty retail establishments and cosmetic enterprises, as well as a lack of raw material supplies as a result of the tight restrictions, may significantly reduce the pace of product consumption among the global population.
Market Segmentation
The Global Skin Care Products Market is segmented into Gender, Product, Distribution Channel and Growing System. By Gender such as Female, Male. Further, market is segmented into By Product such as Face Creams & Moisturizers, Cleansers & Face Wash, Sunscreen, Body Creams & Moisturizers, Shaving Lotions & Creams, Others. By Distribution Channel such as Supermarkets & Hypermarkets, Convenience Stores, Pharmacy & Drugstore, Online, Others.
Regional Analysis
Global Skin Care Products Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Asia Pacific has the largest market share and is expected to dominate the market during the forecast period. The rising standard of life, the growing working-class population, and the growing purchasing power of the population in the region, Asia Pacific is likely to hold a substantial proportion. According to a report on FMCG issued in May 2018 by THE India Brand Equity Foundation, overall consumption expenditure in India was USD 1,595 billion in 2016, and is expected to reach around USD 3,600 billion by 2020.
Key Players
Various key players are listed in this report such as L’Oreal S.A., Beiersdorf AG, Shiseido Co., Ltd., Procter & Gamble (P&G), Unilever, Johnson & Johnson, Inc., Avon Products, Inc., Coty Inc., Colgate-Palmolive Company, Revlon
Market Taxonomy
By Gender
By Product
By Distribution Channel
By Region
Key Questions Addressed by the Report
Global Skin Care Products Market TOC
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Skin Care Products Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Skin Care Products Market, By Gender
5.1 Y-o-Y Growth Comparison, By Gender
5.2 Global Skin Care Products Market Share Analysis, By Gender
5.3 Global Skin Care Products Market Size and Forecast, By Gender
5.3.1 Female
5.3.2 Male
6 Global Skin Care Products Market, By Product
6.1 Y-o-Y Growth Comparison, By Product
6.2 Global Skin Care Products Market Share Analysis, By Product
6.3 Global Skin Care Products Market Size and Forecast, By Product
6.3.1 Face Creams & Moisturizers
6.3.2 Cleansers & Face Wash
6.3.3 Sunscreen
6.3.4 Body Creams & Moisturizers
6.3.5 Shaving Lotions & Creams
6.3.6 Others
7 Global Skin Care Products Market, By Distribution Channel
7.1 Y-o-Y Growth Comparison, By Distribution Channel
7.2 Global Skin Care Products Market Share Analysis, By Distribution Channel
7.3 Global Skin Care Products Market Size and Forecast, By Distribution Channel
7.3.1 Supermarkets & Hypermarkets
7.3.2. Convenience Stores
7.3.4. Pharmacy & Drugstore
7.3.5. Online
7.3.6. Others
7.3.7 Software
8 Global Skin Care Products Market, By Region
8.1 Global Skin Care Products Market Share Analysis, By Region
8.2 Global Skin Care Products Market Share Analysis, By Region
8.3 Global Skin Care Products Market Size and Forecast, By Region
9 North America Skin Care Products Market Analysis and Forecast (2021-2027)
9.1 Introduction
9.2 North America Skin Care Products Market Share Analysis, By Gender
9.3 North America Skin Care Products Market Size and Forecast, By Product
9.4 North America Skin Care Products Market Size and Forecast, By Distribution Channel
9.6 North America Skin Care Products Market Size and Forecast, By Country
9.7.1 U.S.
9.7.2 Canada
9.7.3 Mexico
10 Europe Skin Care Products Market Analysis and Forecast (2021-2027)
10.1 Introduction
10.2 Europe Skin Care Products Market Share Analysis, By Gender
10.3 Europe Skin Care Products Market Size and Forecast, By Product
10.4 Europe Skin Care Products Market Size and Forecast, By Distribution Channel
10.6 Europe Skin Care Products Market Size and Forecast, By Country
10.6.1 Germany
10.6.2 France
10.6.3 UK
10.6.4. Rest of Europe
11 Asia Pacific Skin Care Products Market Analysis and Forecast (2021-2027)
11.1 Introduction
11.2 Asia Pacific Skin Care Products Market Share Analysis, By Gender
11.3 Asia Pacific Skin Care Products Market Size and Forecast, By Product
11.4 Asia Pacific Skin Care Products Market Size and Forecast, By Distribution Channel
11.6 Asia Pacific Skin Care Products Market Size and Forecast, By Country
11.6.1 China
11.7.2 Japan
11.8.3 India
11.8.4. Rest of Asia Pacific
12 Latin America Skin Care Products Market Analysis and Forecast (2021-2027)
12.1 Introduction
12.2 Latin America Skin Care Products Market Share Analysis, By Gender
12.3 Latin America Skin Care Products Market Size and Forecast, By Product
12.4 Latin America Skin Care Products Market Size and Forecast, By Distribution Channel
12.6 Latin America Skin Care Products Market Size and Forecast, Country
12.7.1. Brazil
12.8.2. Rest of Latin America
13 Middle East Skin Care Products Market Analysis and Forecast (2021-2027)
13.1 Introduction
13.2 Middle East Skin Care Products Market Share Analysis, By Gender
13.3 Middle East Skin Care Products Market Size and Forecast, By Product
13.4 Middle East Skin Care Products Market Size and Forecast, By Distribution Channel
13.6 Middle East Skin Care Products Market Size and Forecast, By Country
13.7.1. Saudi Arabia
13.8.2. UAE
13.8.3. Egypt
13.9.4. Kuwait
13.10.5. South Africa
14 Competitive Analysis
14.1 Competition Dashboard
14.2 Market share Analysis of Top Vendors
14.3 Key Development Strategies
15 Company Profiles
15.1 L’Oreal S.A.
15.1.1 Overview
15.1.2 Offerings
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2. Beiersdorf AG
15.2.1 Overview
15.2.2 Offerings
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
15.2.6 Key Strategies
15.3. Shiseido Co., Ltd
15.3.1 Overview
15.3.2 Offerings
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4 Procter & Gamble (P&G)
15.4.1 Overview
15.4.2 Offerings
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5 Unilever
15.5.1 Overview
15.5.2 Offerings
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6 Johnson & Johnson, Inc.
15.6.1 Overview
15.6.2 Offerings
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7 Avon Products, Inc.
15.7.1 Overview
15.7.2 Offerings
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies
15.8 Coty Inc
15.8.1 Overview
15.8.2 Offerings
15.8.3 Key Financials
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies
15.8 Colgate-Palmolive Company
15.8.1 Overview
15.8.2 Offerings
15.8.3 Key Financials
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies
15.9 Revlon
15.9.1 Overview
15.9.2 Offerings
15.9.3 Key Financials
15.9.4 Business Segment & Geographic Overview
15.9.5 Key Market Developments
15.9.6 Key Strategies