Skin Care Products Market

Global Skin Care Products Market, By Product (Face cream and Body Lotion), By Ingredient (Chemical and Natural), By Gender (Male, Female and Unisex), By Distribution Channel (Supermarkets & Hypermarkets, Beauty Parlour’s & Salons, Multi Branded Retail Stores, Online, Exclusive Retail Stores, and Others) and, By Region (North America, Europe, Asia Pacific, Latin America and Middle East & Africa)-Trends, Analysis and Forecast till 2029

PMI93719 | Cosmetic Ingredients

Jul 2019 | 167 | PDF

The skin care products are used to enhance and maintain the appearance of human skin. There are variety of products available in the market, such as cleansers, toners, body lotions, oils and serums, and creams with alpha-hydroxy acids, beta-hydroxy acids, and retinol as some of their key ingredients. These products aid in regular replenishment of the dying skin cells and counter the signs of aging such as wrinkles, fines lines and age spots while maintaining the overall skin health. The global skin care products market is highly diversified as it varies from region to region catering to a wide range of skin types present across the globe.

The rising concerns regarding skin problems are driving the global skin care products market. The increasing interest of consumers towards personal grooming, and a rise in disposable income boost the growth of skin care product market. Further, rising demand for skin lightening products and increased uptake of anti-aging products by the geriatric population, fosters the growth of target market. The shift of consumers towards natural and organic products, and the expanding range of men’s skin care products are also supports the target market. In addition, the rising awareness about natural ingredients providing UV protection is also expected to fuel the market growth. The increasing implementation of product packaging and labeling regulations, and the escalating number of cases of side effects caused by skin care products can hinder the growth of the global skin care products market over forecast period.

The global skin care products market is segmented by product type, by ingredient, by gender, by distribution channel, and by region. On the basis of product type, the skin care products market is sub segmented into face cream and body lotion. On the basis of ingredients, the target market is sub segmented into chemical and natural. On the basis of gender, the target market is divided into male, female and unisex. On the basis of distribution channel, the skin care product market is sub segmented into supermarkets & hypermarkets, beauty parlour’s & salons, multi branded retail stores, online, exclusive retail stores, and others.

On the basis of region, the target market is further segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa. Asia-Pacific is expected to lead the global skin care products market. North America is expected to be the fastest growing region over the forecast period, owing to growth in awareness towards skin care through advanced skin care products and increase in wellness spending in the region.

The key operators of global skin care products are Johnson & Johnson, The Estee Lauder Companies Inc., Unilever PLC, Avon Products Inc., L’Oréal S.A., Kao Corporation, Colgate-Palmolive Company, Shiseido Company, Beiersdorf AG, Procter & Gamble. Further, increased usage of unique ingredients, and UV absorbers & multifunctional skin care products by manufacturers are expected to foster the skin care products market over forecast period.

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