Top 10 Companies in Skin Care Market- Company Overview, Recent Developments and SWOT Analysis 2030
The Global Skin Care Market is driven by rising demand for skin care products like natural and herbal products. Rapid growth in urbanization has led to disposable income. Rise in working women has enhanced the growth in skin care products. Urbanization has led to change in lifestyle, along with health and environmental concern which has become the major factor in driving the natural and herbal skin care products. Wide variety of skin care products available in market, strong marketing at point of purchase, appropriate and distribution strategies, has become the key success factors in skin care product market. Good skin care helps in regenerating skin cell production which keeps skin healthy and glowing and has become important at any kind of age. Skin care has become the fastest growing segment in cosmetic industries. Online skin care market is growing rapidly. Skin care products which contains key ingredient that help in protecting and rejuvenating skin are becoming most popular. However, rise in disposable income, rising awareness about skin health, ability of social media in rapidly empowering to inform consumers about new products and increase in desire for self-care and health promoting products has become the major factor in driving market growth during the forecast period.
Here are the top 10 companies operating in Skin Care Market
Unilever is the British-Dutch multinational consumer goods company. Unilever is headquartered in London, England. Unilever has largest brands like Sunsilk, Lux, Lifebuoy, Knorr, Dove, Rexona, Axe/Lynx, Omo/Persil, Ben & Jerry’s, Heartbrand (Wall’s) ice-creams, Magnum, and Hellman’s. Unilever offer products which includes, beauty products, cleaning agents, personal care products, ice-creams, condiments, food, and others. Unilever has become the largest producer of soap in the world in which its products are available around 190 countries. Unilever is organized into three divisions like, beauty & personal care, home care, food & refreshments, etc. Unilever has research & development facilities in India, Netherlands, United States, United Kingdom and China.
In April 2022, Unilever’s skin care brand Ferver has launched skincare product with complete range of cleansers, masks, moisturizers and treatments that use fermented actives. Ferver has launched new product- Fermented Chamomile Cleansing Face Balm, Fermented Black Tea Cleansing Milk Face Cleanser, Hyaluronic Acid Serum, Prebiotics Glow Serum, Collagen Serum. It has launched Ferver Fermented Lactic Acid Tonic Face Treatment which includes, Brightening Day Cream, Restoring Night Cream, Fermented Enzyme Radiance Face Mask and Ferver Fermented Ginseng Eye Cream.
L‘Oreal S.A. is a French Company. L‘Oreal is headquartered in Clichy, Hauts-de-Seine. L‘Oreal registered office is in Paris. L‘Oreal is the largest cosmetics company in the world. L‘Oreal offer products which includes, skin care, hair care, hair color, make-up, sun-protection, and perfumes. L‘Oreal has 21 research and development centers worldwide. L‘Oreal has curentrly marketed over 500 brands and thousands of individual products in beauty sector like body & skincare, hair care, hair color, makeup, hair styling, and fragrance. L‘Oreal products has found wide variety of distribution channels from beauty/health outlets, hair salons & perfumeries to super markets, and pharmacies.
Johnson & Johnson Inc., is an American multinational company which was founded in 1886. Johnson & Johnson develops consumer packaged goods, pharmaceutical products and medical devices. Johnson & Johnson is headquartered in New Brunswick, New Jersey. Its consumer division is located in Skillman, New Jersey. Johnson & Johnson brands includes, Johnson’s baby products, Clean & Clear facial wash, Neutrogena skin & beauty products, Acuvue contact lenses, Tylenol medications, Brand-Aid Brand line of bandages, etc.
Shiseido Co. Ltd., is Japanese multinational cosmetic company. Shiseido Co. Ltd., was founded in Tokyo, Japan in 1872. Shiseido offer products which includes skin care, hair care, body care, makeup, and fragrances. Shiseido cosmetic products provides full range of makeup products like eye liner pencils, lip products, mascara, powder blushes, concealers, fluid and compact foundations, powder eye shadows, etc. Shiseido’s powder eye shadows has become top beauty picks due to its creamy texture. Shiseido has also trained beauty advisers who demonstrate and illustrate use of cosmetics on-site for demonstration briefing.
Procter & Gamble Company is an American multinational company. Procter & Gamble is headquartered in Cincinnati, Ohio. Procter & Gamble, was founded by William Procter & James Gamble in 1837. Procter & Gamble, offers wide range of products which includes, skin care, healthcare, hygiene and personal care, home care, baby care, oral care, feminine care, grooming, fabric care, and beauty products. Procter & Gamble also offers snacks, food & beverages.
Skin Care Market is estimated to be US$ 386.1 billion by 2032 with a CAGR of 10.8% during the forecast period
The Estee Lauder Companies Inc., is an American multinational company. The Estee Lauder is the second largest cosmetics company in the world. The Estee Lauder is the manufacturer and marketer of skincare, hair care, makeup, and fragrance products. The Estee Lauder Companies products are distributed internationally by retail channels and digital commerce. The Estee Lauder Companies brands includes, AERIN Beauty, Clinique, MAC Cosmetics, Bobbi Brown, Tom Ford Beauty, GLAMGLOW, Aveda, Aramis, Le Labo, Kilian Paris, La Mer, Darphin Paris, and others.
Beiersdorf AG., is a German multinational company. Beiersdorf was founded by Paul Beiersdorf on 28th march 1882. Beiersdorf is headquartered in Hamburg. Beiersdorf is manufacturer and retailer of personal care products & pressure sensitive adhesives. Beiersdorf brand includes, Nivea, Coppertone, La Prairie, Elastoplast, Labello, and Eucerin. Nivea and Labello are two strong brands of company. The product range of Tesa and Nivea was expanded with Nivea products like sun creams, baby care and anti-ageing products.
Natura & Co., is Brazilian Company. Natura was founded in 1969 and is headquartered in Sao Paulo, Brazil. Natura & Co., includes, Aesop, Natura Cosmeticos, Avon products and Body Shop products. Natura does not test on animals during development & production of cosmetics and follows stringent international safety standards. Natura & Co., has more than six million consultants among all brands with more than 3,200 stores.
Kao Corporation was founded in June 1887 by Tomiro Nagase. Kao Corporation is headquartered in Nihonbashi-Kayabacho Itchome, Chuo, Tokyo, Japan. Kao Corporation is manufacturer of domestic toiletry soaps. Kao Corporation offer products which includes, laundry products, household products, industrial products, skin care, hair care, and body care products. Kao Corporation was awarded in 2020 as “Environmental Heroes of the Year” due to its sustainable development and production of eco-friendly products.
Himalaya Wellness Company was founded in 1930, by Muhammad Manal. Himalaya Wellness Company is headquartered in Bengaluru, Karnataka, India. Himalaya Wellness Company is an Indian multinational pharmaceutical company. Himalaya Wellness Company produce healthcare products under name of Himalaya HerbaL Healthcare which offer natural & ayurvedic products. Himalaya Herbal Healthcare offer wide range of products which includes, skin care, baby care, personal care, nutritional, well-being and animal health products. Neem Face Wash has become most popular and well known product of the company. Himalaya Company has presence in over 106 countries.