Meticulous Research® Report: 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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Meticulous Research® anticipates the global skin care products market to grow at a 5.2% CAGR from 2024 to 2030, reaching $199.42 billion by the end of the forecast period. Key factors driving growth include increased demand for anti-aging products, growing interest in organic skincare, and rising awareness of personal grooming.
Key Players
Key players in this industry 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).
The market is segmented by type (facial care, lip care, body care), product category (creams, lotions, moisturizers, and powders), and packaging type (tube, bottle, jar). Supermarkets, retail stores, and online platforms serve as the primary distribution channels.
Facial care products will lead the market in 2024, with creams accounting for the largest product segment. The chemical composition segment will continue to dominate, but the demand for natural products is expected to rise.
Tube packaging will remain the most popular packaging type due to its ease of use and cost-efficiency. Supermarkets will remain the largest distribution channel, driven by consumer demand for in-store product experiences.
Mass-market products will hold the largest share in the pricing category, with female consumers driving the growth in natural and organic skincare products.
Geographic Overview
North America will lead the global skin care products market in 2024, followed by Europe and Asia-Pacific, fueled by increasing disposable incomes and consumer interest in skincare.
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-
- Which are the high-growth market segments in terms of product, type, composition, packaging type, distribution channel, price category, user group, and geography?
- What was the historical market for skin care products across the globe?
- What are the market forecasts and estimates for the period 2024–2030?
- What are the major drivers, restraints, opportunities, and challenges in the skin care products market?
- Who are the major players in the skin care products market?
- What is the competitive landscape like, and who are the market leaders in the skin care products market?
- What are the recent developments in the global skin care products market?
- What are the different strategies adopted by the major players in the global skin care products market?
- What are the geographical trends and high-growth regions/countries?
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