Skincare industry set to grow to $199.42 billion by 2030.
Meticulous Research® Releases Latest Report on Skin Care Products Market by Type (Facial, Lip, Body), Product (Cream, Lotion, Powder, Moisturizer, Toner), User Group (Male, Female, Unisex), Price Category (Mass, Premium), Distribution Channel (Supermarket, Retail, Online) – Global Forecast to 2030
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According to Meticulous Research®, the global skin care products market will expand to $199.42 billion by 2030, at a CAGR of 5.2% between 2024 and 2030. Major growth factors include the growing demand for anti-aging and organic skin care products and increased awareness of personal grooming.
Key Players
Notable players include L'Oréal S.A. (France), Johnson & Johnson, Inc. (U.S.), Unilever PLC (U.K.), Revlon, Inc. (U.S.), Avon Products, Inc. (U.S.), Colgate-Palmolive Company (U.S.), Shiseido Co., Ltd. (Japan), The Procter & Gamble Company (U.S.), Oriflame Holding Limited (Switzerland), Estee Lauder Companies, Inc. (U.S.), Beiersdorf AG (Germany), Coty Inc. (U.S.), Kao Corporation (Japan), Amorepacific Corporation (South Korea), and Caudalie (France).
Segmentations in the report include product type (facial, lip, body), product categories (creams, lotions, powders), and packaging types (tubes, bottles, jars). Key distribution channels include supermarkets, retail stores, and online platforms.
The facial care category will dominate the market in 2024, with creams taking the lead due to their reparative benefits. Chemical-based products will hold the largest share, but natural product trends are on the rise.
Tube packaging will lead the market, offering ease of use, cost-effectiveness, and environmental benefits. Supermarkets will maintain their position as the top distribution channel.
Mass-market products will represent the largest pricing category, with female consumers dominating the market share due to higher demand for skincare.
Geographic Overview
North America is set to hold the largest share of the market in 2024, followed by Europe and Asia-Pacific. High disposable incomes and increasing interest in personal care will drive growth in these regions.
To gain more insights into the market with a detailed table of content and figures, click here: https://www.meticulousresearch.com/product/skin-care-products-market-5617
Key questions answered in the report-
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Which are the high-growth market segments in terms of product, type, composition, packaging type, distribution channel, price category, user group, and geography?
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What was the historical market for skin care products across the globe?
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What are the market forecasts and estimates for the period 2024–2030?
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What are the major drivers, restraints, opportunities, and challenges in the skin care products market?
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Who are the major players in the skin care products market?
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What is the competitive landscape like, and who are the market leaders in the skin care products market?
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What are the recent developments in the global skin care products market?
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What are the different strategies adopted by the major players in the global skin care products market?
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What are the geographical trends and high-growth regions/countries?
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