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Global Skin Care Products Market Analysis, Growth, Trends: By Type: Facial Care, Body Care, Others; By Ingredient: Natural, Chemical; By Gender: Men, Women; By Distribution Channel: Hypermarkets/Supermarkets, Convenience Stores, Speciality Stores, Online, Others; Regional Analysis; Market Dynamics; Competitive Landscape; 2024-2032
Global Skin Care Products Market Size
The global skin care products market attained USD 167.44 billion in 2023. The market is expected to grow at a CAGR of 4.2% between 2024 and 2032, to attain USD 241.92 billion by 2032.
Skin Care Products Market Outlook
- In 2024, intending to create innovative skincare, AFFOREST introduced India’s first-ever range of green coffee-based skincare products. The line-up includes four products- cleanser, hydrating expert, mineral sunscreen, and serum.
- In 2024, Eminence Organic Skin Care launched its newest range of skincare, powered by the action of charcoal and black seed extract to rejuvenate and purify the skin.
- Cleansers are a significant product category within K-beauty face care shaping the skin care market dynamics and trends. Korean drugstores can often display face cleansers in a shelf section on their own rather than shelving the products according to respective brands.
- In 2024, in a bid to grow its presence in the beauty and personal care space, BIA Brands, an FMCG-focused company, acquired the beauty brand Asa Beauty.
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.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Skin Care Products Market Analysis
8.1 Key Industry Highlights
8.2 Global Skin Care Products Historical Market (2018-2023)
8.3 Global Skin Care Products Market Forecast (2024-2032)
8.4 Global Skin Care Products Market by Type
8.4.1 Facial Care
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.1.3 By Product Type
8.4.1.3.1 Cleaners
8.4.1.3.2 Moisturisers
8.4.1.3.3 Facial Scrubs, Masks and Packs
8.4.1.3.4 Oils and Serum
8.4.1.3.5 Special Creams
8.4.1.3.6 Others
8.4.2 Body Care
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.2.3 By Product Type
8.4.2.3.1 Body Lotion
8.4.2.3.2 Body Wash
8.4.2.3.3 Others
8.4.3 Others
8.5 Global Skin Care Products Market by Ingredient
8.5.1 Natural
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Chemical
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.6 Global Skin Care Products Market by Gender
8.6.1 Men
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Women
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.7 Global Skin Care Products Market by Distribution Channel
8.7.1 Hypermarkets/Supermarkets
8.7.1.1 Historical Trend (2018-2023)
8.7.1.2 Forecast Trend (2024-2032)
8.7.2 Convenience Stores
8.7.2.1 Historical Trend (2018-2023)
8.7.2.2 Forecast Trend (2024-2032)
8.7.3 Speciality Stores
8.7.3.1 Historical Trend (2018-2023)
8.7.3.2 Forecast Trend (2024-2032)
8.7.4 Online
8.7.4.1 Historical Trend (2018-2023)
8.7.4.2 Forecast Trend (2024-2032)
8.7.5 Others
8.8 Global Skin Care Products Market by Region
8.8.1 North America
8.8.1.1 Historical Trend (2018-2023)
8.8.1.2 Forecast Trend (2024-2032)
8.8.2 Europe
8.8.2.1 Historical Trend (2018-2023)
8.8.2.2 Forecast Trend (2024-2032)
8.8.3 Asia Pacific
8.8.3.1 Historical Trend (2018-2023)
8.8.3.2 Forecast Trend (2024-2032)
8.8.4 Latin America
8.8.4.1 Historical Trend (2018-2023)
8.8.4.2 Forecast Trend (2024-2032)
8.8.5 Middle East and Africa
8.8.5.1 Historical Trend (2018-2023)
8.8.5.2 Forecast Trend (2024-2032)
9 North America Skin Care Products Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Skin Care Products Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Skin Care Products Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Skin Care Products Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Skin Care Products Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 The Procter & Gamble Company
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 Unilever Plc
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 Kao Corporation
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 Revlon, Inc.
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 The Estée Lauder Companies Inc.
16.2.5.1 Company Overview
16.2.5.2 Product Portfolio
16.2.5.3 Demographic Reach and Achievements
16.2.5.4 Certifications
16.2.6 Beiersdorf AG
16.2.6.1 Company Overview
16.2.6.2 Product Portfolio
16.2.6.3 Demographic Reach and Achievements
16.2.6.4 Certifications
16.2.7 New Avon Company
16.2.7.1 Company Overview
16.2.7.2 Product Portfolio
16.2.7.3 Demographic Reach and Achievements
16.2.7.4 Certifications
16.2.8 L'Oréal S.A.
16.2.8.1 Company Overview
16.2.8.2 Product Portfolio
16.2.8.3 Demographic Reach and Achievements
16.2.8.4 Certifications
16.2.9 Others
17 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Skin Care Products Market: Key Industry Highlights, 2018 and 2032
2. Global Skin Care Products Historical Market: Breakup by Product Type (USD Billion), 2018-2023
3. Global Skin Care Products Market Forecast: Breakup by Product Type (USD Billion), 2024-2032
4. Global Skin Care Products Historical Market: Breakup by Gender (USD Billion), 2018-2023
5. Global Skin Care Products Market Forecast: Breakup by Gender (USD Billion), 2024-2032
6. Global Skin Care Products Historical Market: Breakup by Distributional Channel (USD Billion), 2018-2023
7. Global Skin Care Products Market Forecast: Breakup by Distributional Channel (USD Billion), 2024-2032
8. Global Skin Care Products Historical Market: Breakup by Region (USD Billion), 2018-2023
9. Global Skin Care Products Market Forecast: Breakup by Region (USD Billion), 2024-2032
10. North America Skin Care Products Historical Market: Breakup by Country (USD Billion), 2018-2023
11. North America Skin Care Products Market Forecast: Breakup by Country (USD Billion), 2024-2032
12. Europe Skin Care Products Historical Market: Breakup by Country (USD Billion), 2018-2023
13. Europe Skin Care Products Market Forecast: Breakup by Country (USD Billion), 2024-2032
14. Asia Pacific Skin Care Products Historical Market: Breakup by Country (USD Billion), 2018-2023
15. Asia Pacific Skin Care Products Market Forecast: Breakup by Country (USD Billion), 2024-2032
16. Latin America Skin Care Products Historical Market: Breakup by Country (USD Billion), 2018-2023
17. Latin America Skin Care Products Market Forecast: Breakup by Country (USD Billion), 2024-2032
18. Middle East and Africa Skin Care Products Historical Market: Breakup by Country (USD Billion), 2018-2023
19. Middle East and Africa Skin Care Products Market Forecast: Breakup by Country (USD Billion), 2024-2032
20. Global Skin Care Products Market Structure
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.
What are the various types of skin care products considered in the skin care products market report?
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.
Analyst Review
The global skin care products market attained a value of USD 167.44 billion in 2023, driven by the changing perspective of one's appearance and skin condition. Aided by the growing technological advancements and the rising popularity of organic skin products, the market is expected to witness a further growth in the forecast period of 2024-2032, growing at a CAGR of 4.2%.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on its types, the global skin care products industry can be segmented into facial care and body care, among others. Facial care is further divided into cleansers, moisturisers, facial scrubs, masks and packs, oils and serum, and special creams, among others, whereas body care is divided into body lotion and body wash, among others. By ingredient, the industry can be primarily divided into natural and chemical. The breakup by gender can be classified into men and women. On the basis of distribution channels, the market is divided into hypermarkets/supermarkets, convenience stores, specialty stores, and online, among others. The major regional markets for skin care products are North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific, with North America and Europe accounting for the largest share of the market. The key players in the above market include 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.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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