Japan Cosmetics Market Report and Forecast 2024-2032

Japan Cosmetics Market Size

The Japan cosmetics market reached USD 33.34 billion in 2023. The market is projected to grow at a CAGR of 4.4% between 2024 and 2032, reaching a value of almost USD 49.45 billion by 2032.

Japan Cosmetics Market Outlook

• Skin and sun care products are expected to constitute a major portion of the market share.

• Premium cosmetics’ range is increasingly popular among Japanese consumers.

• Online distribution channels are expected to dominate the cosmetics market in the coming years.

Japan Cosmetics Market Growth

Increasing summer temperatures are causing a wide range of skin problems among Japanese consumers, such as enlarged pores and makeup collapse. This is accelerating the demand for skincare products enriched with sebum care which can facilitate skin barrier function during warm days.

Moreover, increasing consumer concerns surrounding sensitive skin and scalp are prompting companies to incorporate natural ingredients like Vitamin C into their creams and lotions. As consumers shift away from using harsh preservatives and fragrances, the demand for traditional skincare products infused with gentler ingredients is expected to pick up significantly.

Major market players are developing various natural and sensory ingredients for night creams as the awareness of beauty sleep increases among Japanese consumers. Skin creams which minimise the effect of poor-quality sleep on skin and boost the production of melatonin in skin (which facilitates skin regeneration) are expected to become increasingly popular over the forecast period.

The influence of social media is redefining the concept of beauty in Japan, integrating traditional and foreign cultures. Chaiborg, which is a makeup trend emphasizing the fusion of Chinese beauty and cyborgs, has become increasingly popular among the younger generation.

Japan Cosmetics Industry Segmentation

Japan Cosmetics Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:

Market Breakup by Product

• Hair Care

• Skin and Sun Care

• Makeup and Colour Cosmetics

• Fragrances and Deodorants

• Others

Market Breakup by Gender

• Men

• Women

• Unisex

Market Breakup by Price Range

• Mass

• Premium

Market Breakup by Distribution Channel

• Supermarkets and Hypermarkets

• Convenience Stores

• Speciality Store

• Online

• Others

Japan Cosmetics Market Share

On the basis of distribution channel, the market is divided into supermarkets and hypermarkets, convenience stores, speciality store, and online, among others. The speciality stores are widely preferred in Japan to shop cosmetic products as these stores offer improved technological assistance to consumers to identify their skin concerns and recommend tailored solutions to meet their specific requirements. Further, these stores also have knowledgeable staff who can assist customers to choose suitable products based on their skin tone, hair texture, and other issues. However, online channels are gaining significant traction as they offer improved convenience to customer and a variety of products to choose from, including international brands.

Leading Companies in the Japan Cosmetics Market

The report provides a detailed analysis of the following key players in the market, covering their competitive landscape and latest developments like mergers and acquisitions, investments, and product launches.

• L’oreal S.A.

• The Estée Lauder Companies Inc.

• Procter & Gamble Co.

• Beiersdorf AG

• Lion Corp.

• Unilever Plc

• Kao Corp.

• Shiseido Co. Ltd.

• Revlon Inc.

• Groupe Clarins

• Others

The market players are increasingly focusing on developing cosmetic formulations using clean and natural ingredients while integrating sustainable packaging to meet the evolving consumer demands.

Key Highlights of the Report