Skin Care Products Market – 2018-2026
Global Skin Care Products Market was valued at USD 137.5 Billion in the year 2017. Global Skin Care Products Market is further estimated to grow at a CAGR of 4.72% from 2018 to reach USD 183.2 Billion by the year 2026.
The North America region holds the highest market share in 2017 and the Asia Pacific is considered as the fastest growing market in the forecasted period. At the country level, India and China are projected to grow strongly in the coming years due to increasing rate of population.
Rising awareness about natural ingredients providing UV protection is also expected to fuel the market growth. With the rising geriatric population, demand for products with anti-aging properties is expected grow, thereby driving the overall market. Organic skin care product manufacturers focus more on the development of newer formulations targeted at fighting the effects of skin aging. Rising awareness about skin care has led to the inclusion of sun protection, anti-aging, and anti-wrinkle properties in skin care and makeup products.
Skin care is an essential part of personal care. It includes everything, from correction to prevention, in the process of make-up. Great skin will never go out of style, and the innovations and developments in the beauty industry promise to deliver improved products with a health-friendly touch. Makeup with skin care benefits has been prevalent in the market for quite a while now. However, it was not as effective as it is right now. Skin sensitivity is another factor driving the growth of the organic and natural skin care products market. Awareness about the harmful effects of chemicals and synthetic products is another factor augmenting the growth of this market. A majority of the consumer base tend to buy products with the terms natural or organic associated with them. They generally do not focus on the ingredients used in the manufacturing of the product.
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Top Key Players Of Skin Care Products Industry:
Scope of the Report
The scope of the market studied includes organic skincare products market, which is segmented by product as facial care which includes cleansers, moistuirizers, oils ans serum, exfoliants and scrubs, face masks and face packs, Others. The other facial care products include toners, mists, lotions, gels, ampoule, etc. The body care segment include: body wash, body lotions, and others. The other body care products includes: body masks, body scrubs, etc. The other includes hand care, foot care, etc. By distribution channel, the market is segmented as supermarkets/hypermarkets, conveniences stores, specialist stores, online retail stores and others.
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Key Market Trends | Growth | Share | Sale | Revenue | Manufactures | Technology Component
Paraben Free Products are being Launched
Cosumers are becoming more concerned to avoid parabens as an ingredient from their skin care products. With the growth of organic products, the synthetic compounds like propylparaben and butylparaben are not considered to be safe to be used. Just 35% of beauty products contain parabens, down nearly 7 points over the last two years. For the beauty industry, there are many categories which still derive a significant share of sales from products with parabens and likely many other undesirable ingredients but those categories still heavily focused on parabens are some of the fastest shifting to paraben-free. Over the last two years, facial cosmetics have gone from just 43% paraben-free to 54%.
Online Retail Stores Remain the Fastest Growing Channel
E-commerce has come a long way since it was established, reaching new grounds of unexplored territory and providing opportunities to even the smallest of manufacturers and products to be seen and inspected by the consumers. This dynamic turn with an innovative model is increasingly disrupting the longstanding industry norms; tremendous growth has been witnessed in the developed as well as the developing regions alike. According to research, it has been found that Asia-Pacific accounts for 37% of the population browsing on the internet for skin care products. Internet penetration in countries such as India and China, which boast of huge population, is the primary reason for this particular statistics from this region. Rapid growth in internet penetration and the increase in choice being provided to the consumer base are driving the growth of the E-commerce distribution channel.
The Global Skin Care Products Market report is segmented as By Product, Distribution Channel, End Use and Region. The Product segment, is divided into two segments, face cream and body lotion. Face cream contributes to the highest market share. The Distribution Channel is divided into, supermarkets, departmental stores, pharmacy and drug stores, specialty stores, beauty salons, internet retailing and shopping complexes. Departmental stores segment have the highest share in the market as a result of changing lifestyle and growing focus on skin care especially among the younger generation.
Among all, it is expected that the department stores segment will be growing at a moderate CAGR of XX % in the assessment period. The end use segment is segmented as youngsters, adults and older people in which adults have the highest market share.
Johnson & Johnson (US), The Estee Lauder Companies Inc. (US), Unilever (Netherlands) are some of the key players in the Global Skin Care Market. Rising research and development expenses cater to changing demand of end users. Similarly, growth strategies such as acquisition, merger and expansion of the distribution network were few techniques adopted by most of Tier 1 and Tier 2 manufacturers in recent years.
The global organic skin care product market is highly fragmented. L’Oreal leads the skincare product market, followed by Unilever, Procter & Gamble, Johnson & Johnson, Estee Lauder, Beiersdorf and other companies. The major organic skin care brands vary slightly from the overall cosmetic industry mainly because top brands such as Procter & Gamble (P&G), Unilever and Johnson & Johnson have very limited presence in the organic and natural product domain.
The study is a source of reliable data on:
Market segments and sub-segments
Market trends and dynamics Supply and demand
Market size Current trends/opportunities/challenges
Value chain and stakeholder analysis
With the given market data, We offers customizations as per the company’s specific needs. The following customization options are available for the report:
- Product Analysis: Product matrix, which gives a detailed comparison of the product portfolios of each company
- Geographic Analysis: Further breakdown of the European, Asia Pacific, and the Rest of the World segments into their respective countries for this market
- Company Information: Detailed analysis and profiling of additional market players (up to 5)
- Volume Data: Customization options for volume data (number of units sold) and customization options for volume data (number of tests)
- Opportunities Assessment: A detailed report underlining the various growth opportunities presented in the market
The report includes six parts, dealing with:
1.) Basic Information
2.) The Asia Skin Care Products Speaker Market
3.) The North American Skin Care Products Speaker Market
4.) The European Skin Care Products Speaker Market
5.) Market Entry And Investment Feasibility
6.) The Report Conclusion
Table of Content: Skin Care Products Market 2026
1 Study Coverage
2 Executive Summary
3 Breakdown Data by Manufacturers
4 Breakdown Data by Type
5 Breakdown Data by Application
11 Company Profiles
12 Future Forecast
13 Market Opportunities, Challenges, Risks and Influences Factors Analysis
14 Value Chain and Sales Channels Analysis
15 Research Findings and Conclusion
The key insights of The Report Research:
1.The report Research provides key statistics on the market status of the Skin Care Products manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.
2.The report Research provides a basic overview of the industry including its definition, applications and manufacturing technology.
3.The report Research presents the company profile, product specifications, capacity, production value, and 2018-2018 market shares for key vendors.
4.The total market is further divided by company, by country, and by application/type for the competitive landscape analysis.
5.The report Research estimates 2018-2026 market development trends of Skin Care Products industry.
6.Analysis of upstream raw materials, downstream demand, and current market dynamics is also carried out
7.The report Research makes some important proposals for a new project of Skin Care Products Industry before evaluating its feasibility.
Reasons to Purchase this Report:
* Analyzing the outlook of the market with the recent trends and SWOT analysis
* Market dynamics scenario, along with growth opportunities of the market in the years to come
* Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspects
* Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
* Market value (USD Million) and volume (Units Million) data for each segment and sub-segment
* Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
* Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
* 1-year analyst support, along with the data support in excel format.
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