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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Skin Care Products Market Competitive Landscape
Key players increase the skin care products market share globally through innovative products, investment in sustainability processes, e-commerce platforms, and targeted marketing strategies.
The Procter & Gamble Company
The Procter & Gamble Company was founded in the year 1837 and is headquartered in Cincinnati, Ohio. It designs, manufactures, and sells beauty products, including Olay moisturizers, SK-II luxury skincare, and Herbal Essences hair care. For P&G, innovation and sustainability are the ways to meet consumer needs in the skin care products market.
Unilever Plc
Based in London, UK, Unilever Plc was founded in 1929 and has a broad skincare portfolio of brands that includes Dove, Vaseline, and St. Ives. The company has been very outspoken about ethical sourcing and sustainability while developing innovative solutions to meet the needs of consumers with a wide range of skin needs to drive long-term improvements in overall skin health and boost the overall skin care products market revenues.
Kao Corporation
Kao Corporation was founded in 1887 and is headquartered in Tokyo, Japan. This company has renowned skincare products, such as Biore and Jergens, adding to the list the prestige of the Kanebo brands. Kao would stress on quality and innovation by introducing new technologies that would give maximum efficacy to deliver what customers want for skincare.
Revlon, Inc.
Revlon, Inc. is a New York City-based cosmetics and skin care products company founded in 1932. Added to other skin care products, the company has launched Revlon Moisture Stay and Revlon SkinLights. Having the aim of empowering consumers via beauty and self-expression, the brand is all about bold colours and vibrant products.
Other key players considered in the global skin care products market report are the Estée Lauder Companies Inc., Beiersdorf AG, New Avon Company, L'Oréal S.A., among others.
Skin Care Products Market Report Snapshots
Skin Care Products Market Size
Skin Care Products Market Growth
Skin Care Products Market Trends
Skin Care Products Market Share
Skin Care Products Market Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
In 2023, the global skin care products market attained a value of nearly USD 167.44 billion.
The market is projected to grow at a CAGR of 4.2% between 2024 and 2032.
The major drivers of the market are the increasing expenditure on skincare, rising disposable incomes, and increasing investments in research and development (R&D) activities aimed at producing new products.
The key trends of the market include the increasing sales of skin care on e-commerce platforms, the rising utilisation of organic skincare, and the rising use of natural ingredients in skin care.
The major regions in the market are North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.
The various types of skin care products considered in the market report are facial care and body care, among others.
The major ingredients of skin care products considered in the market report are natural and chemical.
The significant segments based on gender considered in the market report are men and women.
The various distribution channels in the market are hypermarkets/supermarkets, convenience stores, speciality stores, and online, among others.
The major players in the market are The Procter & Gamble Company, Unilever Plc, Kao Corporation, Revlon, Inc., The Estée Lauder Companies Inc., Beiersdorf AG, New Avon Company, and L'Oréal S.A., among others.
The market is expected to attain a value of USD 241.92 billion by 2032.
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