The professional skincare market size has grown strongly in recent years. It will grow from $40.48 billion in 2023 to $43.14 billion in 2024 at a compound annual growth rate (CAGR) of 6.6%. The expansion observed in the historical period can be credited to progressions in dermatology, advancements in cosmetic chemistry research, the ascent of the beauty sector, enhancement in consumer education and awareness, and advancements in technology.
The professional skincare market size is expected to see strong growth in the next few years. It will grow to $56.18 billion in 2028 at a compound annual growth rate (CAGR) of 6.8%. The surge expected in the projected period can be linked to the proliferation of spas, the increasing aging demographic, the upsurge in disposable income, heightened awareness regarding skincare, and a transition towards natural and organic product preferences. Key trends predicted for the forecast period encompass tailored skincare solutions, the clean beauty movement, the adoption of sustainable and eco-friendly practices, innovative anti-aging therapies, and the promotion of microbiome-friendly skincare.
The anticipated expansion of e-commerce is set to drive the growth of the professional skincare market in the future. E-commerce, denoting the online trade model facilitating transactions via the Internet, is propelled by factors such as convenience, widening internet accessibility, and a shift in consumer preferences towards digital shopping. This platform offers access to premium, specialized skincare items and personalized guidance, enhancing consumer convenience. For instance, as per the United States Census Bureau's May 2024 report, U.S. retail e-commerce sales for the first quarter reached $289.2 billion, marking a 2.1% (±0.7%) increase from the fourth quarter of 2023. Consequently, the expansion of e-commerce is steering the professional skincare market's growth.
Leading firms in the professional skincare sector are intensifying their focus on innovating products, such as age-defying moisturizers, to maintain their market standing. An age-defying moisturizer is tailored to mitigate visible signs of aging, such as fine lines, wrinkles, and loss of elasticity. For instance, in March 2024, Revision Skincare, a U.S.-based cosmetic entity, unveiled a new sunscreen product named Intellishade TruPhysical Clear. This 4-in-1 daily age-defying moisturizer, fortified with broad-spectrum SPF 50, features a sheer, oil-free formulation with 100% all-mineral UV filters, aimed at enhancing the natural radiance of all skin tones without leaving a white cast or shine. The skincare-centric formula ensures enduring hydration, diminishes fine lines and wrinkles, illuminates and evens skin tone, and reduces the visible effects of photoaging and free radical stressors.
In March 2024, WiQo, an Italy-based cosmetic enterprise, acquired Love Beauty Pro & Medical for an undisclosed sum. This acquisition empowers WiQo to bolster its foothold in the U.S. market through Love Beauty Pro & Medical's established network for selling, marketing, and distributing WiQo products. Love Beauty Pro & Medical, a U.S.-based entity, specializes in offering professional skincare products and equipment for skincare professionals.
Major companies operating in the professional skincare market are L'Oréal S.A., Unilever PLC, ZO Skin Health Inc., BABOR Cosmetics America Corp., Revision Skincare LLC, Obagi Medical Products Inc., Osmosis Skincare, GloProfessional Inc., PCA Skin LLC, Murad LLC, Elemis Limited, Sente Inc., Image Skincare LLC, Neocutis Inc., EltaMD Inc., Jan Marini Skin Research Inc., Natura Bissé International S.A., Biologique Recherche, Pevonia International LLC, Episciences Inc., Alastin Skincare Inc., HydroPeptide LLC, iS Clinical, Environ Skin Care Pty Ltd, Lancer Skincare LLC, Vivant Skin Care LLC, Cosmedix LLC.
Asia-Pacific was the largest region in the professional skincare market in 2023. The regions covered in the professional skincare market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the professional skincare market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Professional skincare involves specialized care and treatment administered by trained and licensed experts such as dermatologists, estheticians, and skincare therapists. It surpasses basic home routines by employing advanced techniques, quality products, and customized therapies to tackle diverse skin issues and conditions, aiming to enhance skin health and appearance through targeted approaches.
The primary categories of professional skincare encompass anti-aging, anti-dehydration, sun protection, and anti-pigmentation. Anti-aging products are formulated to diminish visible signs of aging, including wrinkles, fine lines, and skin laxity. These products come in various compositions, spanning organic or natural to conventional, catering to different price ranges such as economy, mid-range, and premium. They are distributed through offline and online retail channels, serving applications in spas, salons, retail outlets, medical facilities, among others.
The professional skincare market research report is one of a series of new reports that provides professional skincare market statistics, including the professional skincare industry global market size, regional shares, competitors with the professional skincare market share, detailed professional skincare market segments, market trends, and opportunities, and any further data you may need to thrive in the professional skincare industry. These professional skincare market research reports deliver a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The professional skincare market consists of sales of cleaners, toners, eye creams, and moisturizers. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The professional skincare market size is expected to see strong growth in the next few years. It will grow to $56.18 billion in 2028 at a compound annual growth rate (CAGR) of 6.8%. The surge expected in the projected period can be linked to the proliferation of spas, the increasing aging demographic, the upsurge in disposable income, heightened awareness regarding skincare, and a transition towards natural and organic product preferences. Key trends predicted for the forecast period encompass tailored skincare solutions, the clean beauty movement, the adoption of sustainable and eco-friendly practices, innovative anti-aging therapies, and the promotion of microbiome-friendly skincare.
The anticipated expansion of e-commerce is set to drive the growth of the professional skincare market in the future. E-commerce, denoting the online trade model facilitating transactions via the Internet, is propelled by factors such as convenience, widening internet accessibility, and a shift in consumer preferences towards digital shopping. This platform offers access to premium, specialized skincare items and personalized guidance, enhancing consumer convenience. For instance, as per the United States Census Bureau's May 2024 report, U.S. retail e-commerce sales for the first quarter reached $289.2 billion, marking a 2.1% (±0.7%) increase from the fourth quarter of 2023. Consequently, the expansion of e-commerce is steering the professional skincare market's growth.
Leading firms in the professional skincare sector are intensifying their focus on innovating products, such as age-defying moisturizers, to maintain their market standing. An age-defying moisturizer is tailored to mitigate visible signs of aging, such as fine lines, wrinkles, and loss of elasticity. For instance, in March 2024, Revision Skincare, a U.S.-based cosmetic entity, unveiled a new sunscreen product named Intellishade TruPhysical Clear. This 4-in-1 daily age-defying moisturizer, fortified with broad-spectrum SPF 50, features a sheer, oil-free formulation with 100% all-mineral UV filters, aimed at enhancing the natural radiance of all skin tones without leaving a white cast or shine. The skincare-centric formula ensures enduring hydration, diminishes fine lines and wrinkles, illuminates and evens skin tone, and reduces the visible effects of photoaging and free radical stressors.
In March 2024, WiQo, an Italy-based cosmetic enterprise, acquired Love Beauty Pro & Medical for an undisclosed sum. This acquisition empowers WiQo to bolster its foothold in the U.S. market through Love Beauty Pro & Medical's established network for selling, marketing, and distributing WiQo products. Love Beauty Pro & Medical, a U.S.-based entity, specializes in offering professional skincare products and equipment for skincare professionals.
Major companies operating in the professional skincare market are L'Oréal S.A., Unilever PLC, ZO Skin Health Inc., BABOR Cosmetics America Corp., Revision Skincare LLC, Obagi Medical Products Inc., Osmosis Skincare, GloProfessional Inc., PCA Skin LLC, Murad LLC, Elemis Limited, Sente Inc., Image Skincare LLC, Neocutis Inc., EltaMD Inc., Jan Marini Skin Research Inc., Natura Bissé International S.A., Biologique Recherche, Pevonia International LLC, Episciences Inc., Alastin Skincare Inc., HydroPeptide LLC, iS Clinical, Environ Skin Care Pty Ltd, Lancer Skincare LLC, Vivant Skin Care LLC, Cosmedix LLC.
Asia-Pacific was the largest region in the professional skincare market in 2023. The regions covered in the professional skincare market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the professional skincare market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Professional skincare involves specialized care and treatment administered by trained and licensed experts such as dermatologists, estheticians, and skincare therapists. It surpasses basic home routines by employing advanced techniques, quality products, and customized therapies to tackle diverse skin issues and conditions, aiming to enhance skin health and appearance through targeted approaches.
The primary categories of professional skincare encompass anti-aging, anti-dehydration, sun protection, and anti-pigmentation. Anti-aging products are formulated to diminish visible signs of aging, including wrinkles, fine lines, and skin laxity. These products come in various compositions, spanning organic or natural to conventional, catering to different price ranges such as economy, mid-range, and premium. They are distributed through offline and online retail channels, serving applications in spas, salons, retail outlets, medical facilities, among others.
The professional skincare market research report is one of a series of new reports that provides professional skincare market statistics, including the professional skincare industry global market size, regional shares, competitors with the professional skincare market share, detailed professional skincare market segments, market trends, and opportunities, and any further data you may need to thrive in the professional skincare industry. These professional skincare market research reports deliver a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The professional skincare market consists of sales of cleaners, toners, eye creams, and moisturizers. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Professional Skincare Market Characteristics3. Professional Skincare Market Trends and Strategies32. Global Professional Skincare Market Competitive Benchmarking33. Global Professional Skincare Market Competitive Dashboard34. Key Mergers and Acquisitions in the Professional Skincare Market
4. Professional Skincare Market - Macro Economic Scenario
5. Global Professional Skincare Market Size and Growth
6. Professional Skincare Market Segmentation
7. Professional Skincare Market Regional and Country Analysis
8. Asia-Pacific Professional Skincare Market
9. China Professional Skincare Market
10. India Professional Skincare Market
11. Japan Professional Skincare Market
12. Australia Professional Skincare Market
13. Indonesia Professional Skincare Market
14. South Korea Professional Skincare Market
15. Western Europe Professional Skincare Market
16. UK Professional Skincare Market
17. Germany Professional Skincare Market
18. France Professional Skincare Market
19. Italy Professional Skincare Market
20. Spain Professional Skincare Market
21. Eastern Europe Professional Skincare Market
22. Russia Professional Skincare Market
23. North America Professional Skincare Market
24. USA Professional Skincare Market
25. Canada Professional Skincare Market
26. South America Professional Skincare Market
27. Brazil Professional Skincare Market
28. Middle East Professional Skincare Market
29. Africa Professional Skincare Market
30. Professional Skincare Market Competitive Landscape and Company Profiles
31. Professional Skincare Market Other Major and Innovative Companies
35. Professional Skincare Market Future Outlook and Potential Analysis
36. Appendix
Executive Summary
Professional Skincare Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on professional skincare market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Reasons to Purchase:
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- Measure the impact of high global inflation on market growth.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market shares.
- Benchmark performance against key competitors.
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- Report will be updated with the latest data and delivered to you along with an Excel data sheet for easy data extraction and analysis.
- All data from the report will also be delivered in an excel dashboard format.
Description
Where is the largest and fastest growing market for professional skincare? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The professional skincare market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
- The impact of higher inflation in many countries and the resulting spike in interest rates.
- The continued but declining impact of COVID-19 on supply chains and consumption patterns.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Type: Anti-Aging; Anti-Dehydration; Sun Protection; Anti-Pigmentation2) By Composition: Organic Or Natural; Conventional
3) By Price Range: Economy; Mid-Range; Premium
4) By Distribution Channel: Offline Retail Stores; Online Retail Stores
5) By Application: Spas; Salons; Retail Stores; Medical Institutions; Other Applications
Key Companies Mentioned: L'Oréal S.A.; Unilever PLC; ZO Skin Health Inc.; BABOR Cosmetics America Corp.; Revision Skincare LLC
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- L'Oréal S.A.
- Unilever PLC
- ZO Skin Health Inc.
- BABOR Cosmetics America Corp.
- Revision Skincare LLC
- Obagi Medical Products Inc.
- Osmosis Skincare
- GloProfessional Inc.
- PCA Skin LLC
- Murad LLC
- Elemis Limited
- Sente Inc.
- Image Skincare LLC
- Neocutis Inc.
- EltaMD Inc.
- Jan Marini Skin Research Inc.
- Natura Bissé International S.A.
- Biologique Recherche
- Pevonia International LLC
- Episciences Inc.
- Alastin Skincare Inc.
- HydroPeptide LLC
- iS Clinical
- Environ Skin Care Pty Ltd
- Lancer Skincare LLC
- Vivant Skin Care LLC
- Cosmedix LLC
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 175 |
| Published | August 2024 |
| Forecast Period | 2024 - 2028 |
| Estimated Market Value ( USD | $ 43.14 Billion |
| Forecasted Market Value ( USD | $ 56.18 Billion |
| Compound Annual Growth Rate | 6.8% |
| Regions Covered | Global |
