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Skincare Market Growth Analysis by Region, Country, Brands, Distribution Channel, Competitive Landscape, Packaging and Forecast to 2027

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    Report

  • 175 Pages
  • April 2023
  • Region: Global
  • GlobalData
  • ID: 5793644
This report provides an overview of current skincare scenario regarding the future outlook in terms of ingredients, product claims, labeling, distribution, and packaging. The analysis also covers regional overview across five regions - Asia-Pacific, Middle East & Africa, Americas, Western Europe, and Eastern Europe - highlighting industry size, growth drivers, latest developments, and future inhibitors for the regions.

The global skincare sector was valued at $131.5 billion in 2022 and is forecast to generate a CAGR of 4% over 2022-27, to reach $160.2 billion in 2027. In volume terms, the sector is forecast to grow from 17.3 billion units in 2022 to 18.6 billion units in 2027, at a CAGR of 1.4%. Asia-Pacific represented the largest region for the global skincare sector in 2022, with a value share of 55.8%, followed by the Americas and Western Europe, which accounted for 21.9% and 17.3% shares, respectively. The skincare sector in Middle East and Africa is forecast to record the fastest value CAGR during 2022-27 at 12%, followed by Asia-Pacific at 4.3%. The top five companies in the global skincare sector together accounted for a value share of 30.7% in 2022. L'Oréal was the leading company with a value share of 10.8%, followed by Estée Lauder (5.3%), Beiersdorf (5.1%), Unilever (4.9%), and Procter & Gamble (4.6%). E-retailers was the leading distribution channel for skincare globally in 2022, with a value share of 29.4%. It was followed by hypermarkets & supermarkets with a 14.7% share, health & beauty stores with a 13.7% share, and parapharmacies/drugstores with a 10% share.

Key Highlights

With their awareness about the harmful effects of chemical ingredients growing, consumers are becoming very cautious and are paying greater attention to the ingredients used in skincare products. They are constantly seeking formulations with natural, organic, and chemical-free ingredients. Manufacturers, as a result, are introducing skincare products that are free from alcohol, paraben, sulfate, and other synthetic ingredients. Consumers have become highly selective while purchasing skincare products, owing to health and environment considerations. There is thus a growing desire for skincare products with claims such as “cruelty-free”, “sustainable”, or “chemical-free”. Encouraged by this, manufacturers are launching products that are marketed as being natural/organic, sustainable, and free from artificial preservatives.

Scope

This report brings together multiple data sources to provide a comprehensive overview of the global skincare sector. It includes the following:
Sector overview: Provides an overview of current sector scenarios in terms of ingredients, manufacturer claims, labeling, and packaging. The analysis also provides a regional overview across five regions-Asia-Pacific, the Middle East and Africa, the Americas, Western Europe, and Eastern Europe-highlighting sector size, growth influences, latest developments, and future challenges for each region. This data includes both on-trade and off-trade data.

Change in consumption: Provides an overview of shifts in the consumption of the overall health and beauty industry, including skincare products, over 2017-27 at global and regional levels.

High-potential countries*: Provides risk-reward analysis of the top 10 high-potential countries in each region based on market assessment, economic development, governance indicators, sociodemographic factors, and technological infrastructure.

Country and regional analysis: Provides a deep-dive analysis of the top 10 high-potential countries, covering value growth during 2022-27, consumer demographics, and key trends. It also includes the future outlook for each region. Market size includes both on-trade and off-trade data, while only off-trade data is used in company and brand analysis, distribution analysis, and packaging analysis.

Competitive landscape: Provides an overview of leading brands at global and regional levels. This section is followed by an analysis of the product profile, country-level presence, market share, and growth/decline of private labels in each region.

Key distribution channels: Provides analysis of the leading distribution channels in the skincare sector in 2022. It covers “dollar stores”, variety stores & general merchandise retailers, cash & carries and warehouse clubs, parapharmacies/drugstores, chemists/pharmacies, convenience stores, department stores, e-retailers, health & beauty stores, hypermarkets & supermarkets, and other retailers.

Packaging analysis: The report provides an analysis of the percentage share (in 2022) and growth (during 2017-27) of various pack materials, pack types, closures, and primary outer types based on volume sales of skincare products.

Reasons to Buy

  • Manufacturing and retailers seek latest information on how the market is evolving to formulate their sales and marketing strategies. There is also demand for authentic market data with a high level of detail. This report has been created to provide its readers with up-to-date information and analysis to uncover emerging opportunities of growth within the sector in the region
  • The report provides a detailed analysis of the countries in the region, covering the key challenges, competitive landscape and demographic analysis, that can help companies gain insight into the country specific nuances
  • The analysts have also placed a significant emphasis on the key trends that drive consumer choice and the future opportunities that can be explored in the region, than can help companies in revenue expansion
  • To gain competitive intelligence about leading brands in the sector in the region with information about their market share and growth rates

Table of Contents

  • Executive Summary
Part 1: Sector Overview
  • Current Scenario and Future Outlook
  • Global Skincare Sector Overview - What Are the Growth Factors, Latest Developments, and Future Inhibitors?
  • Regional Skincare Sector Overview - What Are the Growth Factors, Latest Developments, and Future Inhibitors?
  • Key Challenges in the Global Skincare Sector
Part 2: Shift in Health & Beauty Value Share Patterns
  • Change in Consumption Value Levels in Overall Health & Beauty Industry, 2022-27
  • Reasons for Shift in Consumption Patterns
Part 3: Identifying High-Potential Countries by Region
  • Analysis of 10 Countries on the Basis of Risk-Reward Analysis (Market Assessment, Economic Development,
  • Sociodemographic Factors, Governance Indicators, and Technological Infrastructure)
Part 4: Country Deep-Dive
  • High-Potential Country Analysis
  • Future Outlook
Part 5: Competitive Environment
  • Leading Companies by Value - Global
  • Company and Brand Share Analysis - Global
  • Company and Brand Share Analysis - by Region
Part 6: Competitive Landscape - Market Analysis
Part 7: Market Share of Private Labels
  • Private Label Share Analysis by Region
  • Private Label Share Analysis by Category
Part 8: Key Distribution Channels
  • Share of Key Distribution Channels - Global and Regional Levels
Part 9: Key Packaging Formats
  • Growth Analysis by Key Pack Material and Pack Type
  • Growth Analysis by Key Closure Type and Primary Outer Type
Part 10: Select Industry Metrics
  • Global Patent Filings
  • Global Job Analytics
  • Global Deals
  • Appendix
  • Definitions
  • Methodology
  • About the Publisher
List of Tables
  • Key categories by value and volume, 2022 vs 2027 - Global
  • Key categories by value and volume, 2022 vs 2027 - Asia-Pacific
  • Key categories by value and volume, 2022 vs 2027 - Middle East and Africa
  • Key categories by value and volume, 2022 vs 2027 - Americas
  • Key categories by value and volume, 2022 vs 2027 - Western Europe
  • Key categories by value and volume, 2022 vs 2027 - Eastern Europe
  • China: Category share
  • China: Consumption by gender
  • China: Consumption by age group
  • China: Consumption by education
  • China: Consumption by degree of urbanization
  • China: Volume share analysis of top 10 cities (%), 2017-22
  • Indonesia: Category share
  • Indonesia: Consumption by gender
  • Indonesia: Consumption by age group
  • Indonesia: Consumption by education
  • Indonesia: Consumption by degree of urbanization
  • Indonesia: Volume share analysis of top 10 cities (%), 2017-22
  • Japan: Category share
  • Japan: Consumption by gender
  • Japan: Consumption by age group
  • Japan: Consumption by education
  • Japan: Consumption by degree of urbanization
  • Japan: Volume share analysis of top 10 cities (%), 2017-22
  • Canada: Category share
  • Canada: Consumption by gender
  • Canada: Consumption by age group
  • Canada: Consumption by education
  • Canada: Consumption by degree of urbanization
  • Canada: Volume share analysis of top 10 cities (%), 2017-22
  • Chile: Category share
  • Chile: Consumption by gender
  • Chile: Consumption by age group
  • Chile: Consumption by education
  • Chile: Consumption by degree of urbanization
  • Chile: Volume share analysis of top three cities (%), 2017-22
  • Germany: Category share
  • Germany: Consumption by gender
  • Germany: Consumption by age group
  • Germany: Consumption by education
  • Germany: Consumption by degree of urbanization
  • Germany: Volume share analysis of top 10 cities (%), 2017-22
  • Sweden: Category share
  • Sweden: Consumption by gender
  • Sweden: Consumption by age group
  • Sweden: Consumption by education
  • Sweden: Consumption by degree of urbanization
  • Sweden: Volume share analysis of top four cities (%), 2017-22
  • Czech Republic: Category share
  • Czech Republic: Consumption by gender
  • Czech Republic: Consumption by age group
  • Czech Republic: Consumption by education
  • Czech Republic: Consumption by degree of urbanization
  • Czech Republic: Volume share analysis of top four cities (%), 2017-22
  • Poland: Category share
  • Poland: Consumption by gender
  • Poland: Consumption by age group
  • Poland: Consumption by education
  • Poland: Consumption by degree of urbanization
  • Poland: Volume share analysis of top 10 cities (%), 2017-22
  • Saudi Arabia: Category share
  • Saudi Arabia: Consumption by gender
  • Saudi Arabia: Consumption by age group
  • Saudi Arabia: Consumption by education
  • Saudi Arabia: Consumption by degree of urbanization
  • Leading companies in the global skincare sector (% share by value), 2022
  • Key pack material volume share (%), 2022
  • Annual volume growth by pack material (%), 2017-27
  • Key pack type volume share (%), 2022
  • Annual volume growth by pack type (%), 2017-27
  • Key closure type volume share (%), 2022
  • Annual volume growth by closure type (%), 2017-27
  • Key primary outer type volume share (%), 2022
  • Annual volume growth by primary outer type (%), 2017-27
  • Global health & beauty industry patent filings, 2022
  • Health & beauty industry patent filings by leading companies, 2022
  • Total health & beauty industry patent filings for key markets, 2022
  • Total job postings in health & beauty industry by company, 2022
  • Job postings in health & beauty industry by theme, 2022
  • Deals in health & beauty industry by geography, 2022
List of Figures
  • Change in consumption value levels in overall health & beauty industry, 2022-27
  • Change in consumption levels in overall health & beauty industry - Asia-Pacific, 2017-27
  • Change in consumption levels in overall health & beauty industry - Middle East and Africa, 2017-27
  • Change in consumption levels in overall health & beauty industry - Americas, 2017-27
  • Change in consumption levels in overall health & beauty industry - Western Europe, 2017-27
  • Change in consumption levels in overall health & beauty industry - Eastern Europe, 2017-27
  • Identifying high-potential countries, risk-reward analysis - Asia-Pacific
  • Identifying high-potential countries, risk-reward analysis - Middle East and Africa
  • Identifying high-potential countries, risk-reward analysis - Americas
  • Identifying high-potential countries, risk-reward analysis - Western Europe
  • Identifying high-potential countries, risk-reward analysis - Eastern Europe
  • China: Volume share analysis of top 10 cities by category (%), 2022
  • Indonesia: Volume share analysis of top 10 cities by category (%), 2022
  • Japan: Volume share analysis of top 10 cities by category (%), 2022
  • Canada: Volume share analysis of top 10 cities by category (%), 2022
  • Chile: Volume share analysis of top three cities by category (%), 2022
  • Germany: Volume share analysis of top 10 cities by category (%), 2022
  • Sweden: Volume share analysis of top four cities by category (%), 2022
  • Czech Republic: Volume share analysis of top four cities by category (%), 2022
  • Poland: Volume share analysis of top 10 cities by category (%), 2022
  • Top five companies’ shares by brand (in value terms) in global skincare sector, 2022
  • Top five companies’ shares by brand (in value terms) in Asia-Pacific skincare sector, 2022
  • Top five companies’ shares by brand (in value terms) in Middle East and Africa skincare sector, 2022
  • Top five companies’ shares by brand (in value terms) in Americas skincare sector, 2022
  • Top five companies’ shares by brand (in value terms) in Western European skincare sector, 2022
  • Top five companies’ shares by brand (in value terms) in Eastern European skincare sector, 2022
  • Key brands - body care, 2022
  • Key brands - depilatories, 2022
  • Key brands - facial care, 2022
  • Key brands - hand care, 2022
  • Key brands - make-up remover, 2022
  • Private label value and share by region, 2017-22
  • Private label value and share by category, 2022
  • Leading distribution channels by region (% share by value), 2022

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • L’Oréal
  • Estée Lauder
  • Beiersdorf
  • Unilever
  • Procter & Gamble