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Cosmetic Skin Care - Global Strategic Business Report

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    Report

  • 925 Pages
  • December 2024
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 5141056
The global market for Cosmetic Skin Care is estimated at US$139.4 Billion in 2023 and is projected to reach US$197.2 Billion by 2030, growing at a CAGR of 5.1% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.

The growth in the cosmetic skin care market is driven by several factors. Increasing disposable incomes and the growing middle-class population globally have expanded the consumer base willing to invest in premium skin care products. The pervasive influence of social media and beauty influencers has amplified consumer awareness and interest in skin care, driving demand for the latest products and trends. Aging populations, particularly in developed countries, are seeking effective anti-aging solutions, thereby boosting the demand for products targeting wrinkles, fine lines, and age spots.

Additionally, the rising prevalence of skin conditions due to pollution, stress, and lifestyle factors has heightened the need for specialized skin care treatments. Innovations in product formulation, packaging, and marketing strategies, along with the expanding reach of e-commerce platforms, have further propelled market growth. These factors, combined with continuous advancements in dermatological science and consumer preferences for personalized and effective skin care solutions, are ensuring robust expansion of the cosmetic skin care market, solidifying its role as a vital component of the global beauty industry.

Key Insights:

  • Market Growth: Understand the significant growth trajectory of the Anti-Aging Products segment, which is expected to reach US$61.0 Billion by 2030 with a CAGR of a 5.7%. The Sensitive Skin Products segment is also set to grow at 5.3% CAGR over the analysis period.
  • Regional Analysis: Gain insights into the U.S. market, estimated at $30.3 Billion in 2023, and China, forecasted to grow at an impressive 7.2% CAGR to reach $30.4 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

  • Detailed Market Analysis: Access a thorough analysis of the Global Cosmetic Skin Care Market, covering all major geographic regions and market segments.
  • Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
  • Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Cosmetic Skin Care Market.
  • Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

  • How is the Global Cosmetic Skin Care Market expected to evolve by 2030?
  • What are the main drivers and restraints affecting the market?
  • Which market segments will grow the most over the forecast period?
  • How will market shares for different regions and segments change by 2030?
  • Who are the leading players in the market, and what are their prospects?

Report Features:

  • Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
  • In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
  • Company Profiles: Coverage of major players such as A One Cosmetics Products, Amorepacific Group, AVON Beauty Products India Pvt Ltd, and more.
  • Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Select Competitors (Total 369 Featured):

  • A One Cosmetics Products
  • Amorepacific Group
  • AVON Beauty Products India Pvt Ltd
  • Beiersdorf AG
  • Bo International
  • CLAMAR Cosmetics Inc.
  • Clinique Laboratories, LLC.
  • Colgate Palmolive Co.
  • Gayatri Herbals Pvt. Ltd.
  • Groupe Clarins
  • Johnson & Johnson Services, Inc.
  • Kao Corporation
  • LOreal SA
  • LVMH Moet Hennessy Louis Vuitton SE
  • NATURA BISSE INTERNATIONAL SA
  • Nutriglow Cosmetics Pvt. Ltd.
  • Oriflame Holding AG
  • Revlon Group Holdings
  • Shiseido Co., Ltd.
  • The Estee Lauder Co. Inc.
  • The Procter and Gamble Co.
  • Unilever Plc

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • A Prelude to Cosmetic Skincare
  • Global Economic Update
  • What to Expect from the Global Economy in 2024? Will We Be Still Searching for a Landing?
  • Although Past Peak, Efforts to Solve the Inflation Puzzle Should Continue into 2024
  • Climate Change Will Remain a Long-Term Worry for the Global Economy
  • Global Oil Prices Remain Volatile Amid Acute Geopolitical Uncertainty & Tensions that Heighten Threat of Market Shocks: Global Average Annual Brent Crude Oil Price (In US$ Per Barrel) for Years 2017 through 2024
  • While Still Not in the Comfort Zone, the Expected Steeper Fall in Inflation in 2024 Can Cushion Economic Growth: Global Inflation Rates (In %) for the Years 2019 through 2025
  • Mild Slowdown on Cards for 2024, as the Global Economy Attempts to Balance Recovery While Navigating Through Wars, Political Conflicts & Decades-High Inflation: World Economic Growth Projections (Real GDP, Annual % Change) for the Years 2020 Through 2024
  • Inflation Battling Policy Measures to Slowdown Post Pandemic Recovery in Unemployment Rates: Global Number of Unemployed People (In Million) for Years 2019 Through 2024
  • COVID-19 Impact on Cosmetic Skin Care Market
  • Beauty & Personal Care Industry Comes Under Tremendous Stress Due to Pandemic
  • Competitive Landscape
  • Cosmetic Skin Care - Global Key Competitors Percentage Market Share in 2024 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
  • Global Market Overview and Prospects
  • Global Cosmetic Skin Care Market Set for a Rapid Growth
  • Regional Market Analysis
  • Distribution Channel Analysis
  • Recent Market Activity
  • Influencer/Product/Technology Insights
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
  • Notable Skin Care Trends to Shape the Future Market Growth
  • Select Recent Innovations
  • Increased Focus of Companies on Proactive Skincare Protection-Offering Products
  • New Skincare Techniques such as Face Icing to Emerge
  • Focus on Creating Skincare Products for Gen Z to Gain Older Demographics
  • The Rising Trend of ‘Skinimalism’
  • Combining Whole Body Wellness with Skincare
  • Popularity of K-Beauty-Inspired Multibalm Sticks to Increase
  • Melanin-Rich Skincare Routine to Witness More Takers
  • Focus on Skincare Products for Stress Relief
  • Products of the Future to Emphasize on Protecting Skin Barrier
  • Focus of Consumers to Increase on Microbiome Skincare Products
  • Growing Consumer Desire to Retain Youthful Appearance Drives Sales of Anti-Aging Skin Care Products
  • Expanding Elderly Population Worldwide Presents Opportunities for Anti-Aging Products Market
  • Global Aging Population Statistics for the 65+ Age Group in Million by Geographic Region for the Years 2019, 2025, 2035 and 2050
  • What’s Trending in Anti-aging Products Market
  • Anti-Aging Skin Care Products: Breeding the Hope of Timeless Beauty
  • Rising Sales of Anti-Wrinkle Products
  • Consumer Interest in Natural Ingredients Spurs Strong Demand for Natural and Organic Anti-Aging Products
  • Anti-Aging Facial Oils: Greener Future Driven by Consumers demanding Eco-friendly Products
  • Facial Oils for Cleansing: Ease of use, Skin Friendliness, Hydration and Cleansing Superiority Drive Application
  • Organic Skin Care Products: Thriving Category of Cosmetic Skin Care Market
  • Innovative Digital Technologies to Influence Skin Care Market
  • Beauty & Skin Care Industry Undergoes Makeover Riding on Latest Wave of Technology Trend
  • Novel Skincare Brands Make Way into the Market
  • Rise in Young Population and Skin Conditions Such as Acne Drive Demand for Medicated skin Care Products
  • Skin Moisturizers Continue to Remain Popular
  • Advanced Moisturizers to Deal with the Atopic Dermatitis Menace
  • Popularity of Cosmeceuticals Bodes Well for Market Growth
  • Global Cosmeceutical Market Size (in US$ Billion) for 2019, 2022 and 2025
  • Cosmeceuticals with Biologically Active Ingredients to Improve Skin Functioning Begin to Find Favor
  • Skin Lightening Products Continue to Gain Momentum
  • Creams Lead the Global Skin Lightening Market
  • Synthetic Products Lead, Natural Products Poised for High Growth
  • Culture & Ethnicity Shape the Skin Lighteners Landscape
  • Women of Color Spent Significantly on Lightening Creams
  • Natural Skin Lightening Ingredients Continue to Find Favor
  • Global Skin Lightening Products Market by Nature of Ingredient (in %) for 2022E
  • Demand Continues to Surge for Effective Sunscreens
  • Global Sun Care Market by Product Segment (in %) for 2023
  • Antioxidant Ingredients Prove a Hit among Sunscreen Brands
  • Women Continue to Hold Sway in the Global Skin Care Products Marketplace
  • Growing Participation of Women in Workforce and Resultant Focus on Maintaining Physical Appearance Augurs Well for Skin Care Products Market: Women as % of Labor Force by Region (2023))
  • As Men Focus on Personal Grooming & Hygiene, Demand Surges for Male Skin Care Products
  • Global Male Grooming Products Market Size in US$ Billion for the Years 2017, 2019, 2021, 2023 and 2025
  • Demand for Sustainable Skincare Products Gain Momentum
  • Skin Care Products with Natural & Organic Ingredients Find Growing Acceptance among Eco-Conscious Consumers
  • Global Natural Cosmetics Market: Sales in US$ Billion for the Years 2019, 2021, 2023 and 2025
  • Green Movement Trend Impacts Dynamics in the Skin Care Market
  • Rising Popularity of Personalized Skin Care Products
  • Flourishing E-Commerce Sector Provides Growth Opportunities for Skin Care Products
  • Global e-Commerce Market Growth Outlook (In %) For Years 2019 Through 2025
  • Expanding Urban and Middle Class Population to Drive Market Growth
  • World Urban Population in Thousands: 1950-2050P
  • Global Middle Class Population (In Million) by Region for the Years 2020, 2025 and 2030
  • Increasing Environmental Pollution Drive Demand for Anti-Pollution Skin Care Products
4. GLOBAL MARKET PERSPECTIVE
  • TABLE 1: World Cosmetic Skin Care Market Analysis of Annual Sales in US$ Million for Years 2014 through 2030
  • TABLE 2: World Recent Past, Current & Future Analysis for Cosmetic Skin Care by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • TABLE 3: World Historic Review for Cosmetic Skin Care by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 4: World 16-Year Perspective for Cosmetic Skin Care by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2014, 2024 & 2030
  • TABLE 5: World Recent Past, Current & Future Analysis for Anti-Aging by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • TABLE 6: World Historic Review for Anti-Aging by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 7: World 16-Year Perspective for Anti-Aging by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • TABLE 8: World Recent Past, Current & Future Analysis for Sensitive Skin by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • TABLE 9: World Historic Review for Sensitive Skin by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 10: World 16-Year Perspective for Sensitive Skin by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • TABLE 11: World Recent Past, Current & Future Analysis for Dry Skincare by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • TABLE 12: World Historic Review for Dry Skincare by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 13: World 16-Year Perspective for Dry Skincare by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • TABLE 14: World Recent Past, Current & Future Analysis for Skin Lightening by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • TABLE 15: World Historic Review for Skin Lightening by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 16: World 16-Year Perspective for Skin Lightening by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • TABLE 17: World Recent Past, Current & Future Analysis for Anti-Acne by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • TABLE 18: World Historic Review for Anti-Acne by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 19: World 16-Year Perspective for Anti-Acne by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • TABLE 20: World Recent Past, Current & Future Analysis for Other Products by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • TABLE 21: World Historic Review for Other Products by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 22: World 16-Year Perspective for Other Products by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • TABLE 23: World Recent Past, Current & Future Analysis for Department Stores & Convenience Stores by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • TABLE 24: World Historic Review for Department Stores & Convenience Stores by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 25: World 16-Year Perspective for Department Stores & Convenience Stores by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • TABLE 26: World Recent Past, Current & Future Analysis for Online Channels by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • TABLE 27: World Historic Review for Online Channels by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 28: World 16-Year Perspective for Online Channels by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • TABLE 29: World Recent Past, Current & Future Analysis for Other Distribution Channels by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • TABLE 30: World Historic Review for Other Distribution Channels by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 31: World 16-Year Perspective for Other Distribution Channels by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
III. MARKET ANALYSIS
UNITED STATES
  • Cosmetic Skin Care Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2024 (E)
CANADA
JAPAN
  • Cosmetic Skin Care Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2024 (E)
CHINA
  • Cosmetic Skin Care Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2024 (E)
EUROPE
  • Cosmetic Skin Care Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2024 (E)
FRANCE
  • Cosmetic Skin Care Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2024 (E)
GERMANY
  • Cosmetic Skin Care Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2024 (E)
ITALY
UNITED KINGDOM
  • Cosmetic Skin Care Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2024 (E)
SPAINRUSSIAREST OF EUROPE
ASIA-PACIFIC
  • Cosmetic Skin Care Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2024 (E)
AUSTRALIA
  • Cosmetic Skin Care Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Australia for 2024 (E)
INDIA
  • Cosmetic Skin Care Market Presence - Strong/Active/Niche/Trivial - Key Competitors in India for 2024 (E)
SOUTH KOREAREST OF ASIA-PACIFIC
LATIN AMERICA
  • Cosmetic Skin Care Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Latin America for 2024 (E)
ARGENTINABRAZILMEXICOREST OF LATIN AMERICA
MIDDLE EAST
  • Cosmetic Skin Care Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Middle East for 2024 (E)
IRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EAST
AFRICA
  • Cosmetic Skin Care Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Africa for 2024 (E)
IV. COMPETITION

Companies Mentioned

  • A One Cosmetics Products
  • Amorepacific Group
  • AVON Beauty Products India Pvt Ltd
  • Beiersdorf AG
  • Bo International
  • CLAMAR Cosmetics Inc.
  • Clinique Laboratories, LLC.
  • Colgate Palmolive Co.
  • Gayatri Herbals Pvt. Ltd.
  • Groupe Clarins
  • Johnson & Johnson Services, Inc.
  • Kao Corporation
  • LOreal SA
  • LVMH Moet Hennessy Louis Vuitton SE
  • NATURA BISSE INTERNATIONAL SA
  • Nutriglow Cosmetics Pvt. Ltd.
  • Oriflame Holding AG
  • Revlon Group Holdings
  • Shiseido Co., Ltd.
  • The Estee Lauder Co. Inc.
  • The Procter and Gamble Co.
  • Unilever Plc

Table Information