May 20, 2024

Skincare Market Size To Rake USD 284.97 Bn By 2032

The skincare market size is poised to grow by USD 284.97 billion by 2032 from USD 157.64 billion in 2023,  exhibiting a CAGR of 6.80% during the forecast period 2023-2032. 

Skincare Market Size 2023 To 2032

Key Takeaways

  • Asia Pacific contributed more than 48% of revenue share in 2022.
  • North America is estimated to expand the fastest CAGR between 2023 and 2032.
  • By products, the creams and moisturizers segment has held the largest market share of 35% in 2022.
  • By products, the powder segment is anticipated to grow at a remarkable CAGR of 7.2% between 2023 and 2032.
  • By distribution channel, the offline segment generated over 68% of revenue share in 2022.
  • By distribution channel, the online segment is expected to expand at the fastest CAGR over the projected period.
  • By gender, the female segment generated over 72% of revenue share in 2022.
  • By gender, the male segment is expected to expand at the fastest CAGR over the projected period.
  • By packaging, the tubes segment generated over 41% of revenue share in 2022.
  • By packaging, the bottles and jars segment is expected to expand at the fastest CAGR over the projected period.

Precedence Research has conducted a comprehensive market study that provides valuable insights into the performance of the market during the forecast period. The study identifies significant trends that are shaping the growth of the Skincare market. In this recently published report, essential dynamics such as drivers, restraints, and opportunities are highlighted for both established market players and emerging participants involved in production and supply.

To begin with, the Skincare Market report features an executive summary that offers a concise overview of the marketplace. It outlines the key players and industry categories expected to have an impact on the market in the coming years. The executive summary provides an unbiased summary of the market.

Get a Sample Reporthttps://www.precedenceresearch.com/sample/3554

Skincare Market Scope

Report Coverage Details
Growth Rate from 2023 to 2032 CAGR of 6.80%
Market Size in 2023 USD 157.64 Billion
Market Size by 2032 USD 284.97 Billion
Largest Market Asia Pacific
Base Year 2022
Forecast Period 2023 to 2032
Segments Covered By Product, By Distribution Channel, By Gender, and By Packaging
Regions Covered North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa

Read More: Rapid Prototyping Market Size To Gain USD 14.78 Bn by 2032

The empirical study on the global Skincare market primarily focuses on the drivers in subsequent sections. It demonstrates how changing demographics are projected to influence the supply and demand dynamics in the Skincare Market. Our market report for the Skincare market also delves into the significant rules and regulations that are likely to impact the future growth of this sector. Moreover, in order to comprehend the underlying demand factors, industry experts have provided insights into its fundamental origins.

Skincare Market Players

  • L’Oréal S.A.
  • Procter & Gamble Co.
  • Johnson & Johnson
  • Estée Lauder Companies Inc.
  • Unilever PLC
  • Beiersdorf AG
  • Shiseido Company, Limited
  • Colgate-Palmolive Company
  • Avon Products, Inc.
  • Coty Inc.
  • Kao Corporation
  • Amorepacific Corporation
  • Mary Kay Inc.
  • Revlon, Inc.
  • The Body Shop International Limited

Data Sources and Methodology

To gather comprehensive insights on the Global Skincare Market, we relied on a range of data sources and followed a well-defined methodology. Our approach involved interactions with industry experts and key stakeholders across the market’s value chain, including management organizations, processing organizations, and analytics service providers.

We followed a rigorous data analysis process to ensure the quality and credibility of our research. The gathered information was carefully evaluated, and relevant quantitative data was subjected to statistical analysis. By employing robust analytical techniques, we were able to derive meaningful insights and present a comprehensive overview of the Global Skincare Market.

The most resonating, simple, genuine, and important causes because of which you must decide to buy the Skincare market report exclusively from precedence research

  • The research report has been meticulously crafted to provide comprehensive knowledge on essential marketing strategies and a holistic understanding of crucial marketing plans spanning the forecasted period from 2023 to 2032.

Key Features of the Report:

  • Comprehensive Coverage: The report extensively encompasses a detailed explanation of highly effective analytical marketing methods applicable to companies across all industry sectors.
  • Decision-Making Enhancement: It outlines a concise overview of the decision-making process while highlighting key techniques to enhance it, ensuring favorable business outcomes in the future.
  • Articulated R&D Approach: The report presents a well-defined approach to conducting research and development (R&D) activities, enabling accurate data acquisition on current and future marketing conditions.

Market Segmentation:

By Products

  • Creams and Moisturizers
  • Powder
  • Cleansers and Face Wash
  • Others

By Distribution Channel

  • Online
  • Offline

By Gender

  • Male
  • Female

By Packaging

  • Tubes
  • Bottles and Jars
  • Others

By Geography

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East and Africa

Reasons to Consider Purchasing the Report:

  • Enhance your market research capabilities by accessing this comprehensive and precise report on the global Skincare market.
  • Gain a thorough understanding of the overall market landscape and be prepared to overcome challenges while ensuring robust growth.
  • Benefit from in-depth research and analysis of the latest trends shaping the global Skincare market.
  • Obtain detailed insights into evolving market trends, current and future technologies, and strategic approaches employed by key players in the global Skincare market.
  • Receive valuable recommendations and guidance for both new entrants and established players seeking further market expansion.
  • Discover not only the cutting-edge technological advancements in the global Skincare market but also the strategic plans of industry leaders.

Table of Content

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology (Premium Insights)

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Skincare Market 

5.1. COVID-19 Landscape: Skincare Industry Impact

5.2. COVID 19 – Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

Chapter 6. Market Dynamics Analysis and Trends

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Skincare Market, By Products

8.1. Skincare Market Revenue and Volume Forecast, by Products, 2023-2032

8.1.1. Creams and Moisturizers

8.1.1.1. Market Revenue and Volume Forecast (2020-2032)

8.1.2. Powder

8.1.2.1. Market Revenue and Volume Forecast (2020-2032)

8.1.3. Cleansers and Face Wash

8.1.3.1. Market Revenue and Volume Forecast (2020-2032)

8.1.4. Others

8.1.4.1. Market Revenue and Volume Forecast (2020-2032)

Chapter 9. Global Skincare Market, By Distribution Channel

9.1. Skincare Market Revenue and Volume Forecast, by Distribution Channel, 2023-2032

9.1.1. Online

9.1.1.1. Market Revenue and Volume Forecast (2020-2032)

9.1.2. Offline

9.1.2.1. Market Revenue and Volume Forecast (2020-2032)

Chapter 10. Global Skincare Market, By Gender 

10.1. Skincare Market Revenue and Volume Forecast, by Gender, 2023-2032

10.1.1. Male

10.1.1.1. Market Revenue and Volume Forecast (2020-2032)

10.1.2. Female

10.1.2.1. Market Revenue and Volume Forecast (2020-2032)

Chapter 11. Global Skincare Market, By Packaging 

11.1. Skincare Market Revenue and Volume Forecast, by Packaging, 2023-2032

11.1.1. Tubes

11.1.1.1. Market Revenue and Volume Forecast (2020-2032)

11.1.2. Bottles and Jars

11.1.2.1. Market Revenue and Volume Forecast (2020-2032)

11.1.3. Others

11.1.3.1. Market Revenue and Volume Forecast (2020-2032)

Chapter 12. Global Skincare Market, Regional Estimates and Trend Forecast

12.1. North America

12.1.1. Market Revenue and Volume Forecast, by Products (2020-2032)

12.1.2. Market Revenue and Volume Forecast, by Distribution Channel (2020-2032)

12.1.3. Market Revenue and Volume Forecast, by Gender (2020-2032)

12.1.4. Market Revenue and Volume Forecast, by Packaging (2020-2032)

12.1.5. U.S.

12.1.5.1. Market Revenue and Volume Forecast, by Products (2020-2032)

12.1.5.2. Market Revenue and Volume Forecast, by Distribution Channel (2020-2032)

12.1.5.3. Market Revenue and Volume Forecast, by Gender (2020-2032)

12.1.5.4. Market Revenue and Volume Forecast, by Packaging (2020-2032)

12.1.6. Rest of North America

12.1.6.1. Market Revenue and Volume Forecast, by Products (2020-2032)

12.1.6.2. Market Revenue and Volume Forecast, by Distribution Channel (2020-2032)

12.1.6.3. Market Revenue and Volume Forecast, by Gender (2020-2032)

12.1.6.4. Market Revenue and Volume Forecast, by Packaging (2020-2032)

12.2. Europe

12.2.1. Market Revenue and Volume Forecast, by Products (2020-2032)

12.2.2. Market Revenue and Volume Forecast, by Distribution Channel (2020-2032)

12.2.3. Market Revenue and Volume Forecast, by Gender (2020-2032)

12.2.4. Market Revenue and Volume Forecast, by Packaging (2020-2032)

12.2.5. UK

12.2.5.1. Market Revenue and Volume Forecast, by Products (2020-2032)

12.2.5.2. Market Revenue and Volume Forecast, by Distribution Channel (2020-2032)

12.2.5.3. Market Revenue and Volume Forecast, by Gender (2020-2032)

12.2.5.4. Market Revenue and Volume Forecast, by Packaging (2020-2032)

12.2.6. Germany

12.2.6.1. Market Revenue and Volume Forecast, by Products (2020-2032)

12.2.6.2. Market Revenue and Volume Forecast, by Distribution Channel (2020-2032)

12.2.6.3. Market Revenue and Volume Forecast, by Gender (2020-2032)

12.2.6.4. Market Revenue and Volume Forecast, by Packaging (2020-2032)

12.2.7. France

12.2.7.1. Market Revenue and Volume Forecast, by Products (2020-2032)

12.2.7.2. Market Revenue and Volume Forecast, by Distribution Channel (2020-2032)

12.2.7.3. Market Revenue and Volume Forecast, by Gender (2020-2032)

12.2.7.4. Market Revenue and Volume Forecast, by Packaging (2020-2032)

12.2.8. Rest of Europe

12.2.8.1. Market Revenue and Volume Forecast, by Products (2020-2032)

12.2.8.2. Market Revenue and Volume Forecast, by Distribution Channel (2020-2032)

12.2.8.3. Market Revenue and Volume Forecast, by Gender (2020-2032)

12.2.8.4. Market Revenue and Volume Forecast, by Packaging (2020-2032)

12.3. APAC

12.3.1. Market Revenue and Volume Forecast, by Products (2020-2032)

12.3.2. Market Revenue and Volume Forecast, by Distribution Channel (2020-2032)

12.3.3. Market Revenue and Volume Forecast, by Gender (2020-2032)

12.3.4. Market Revenue and Volume Forecast, by Packaging (2020-2032)

12.3.5. India

12.3.5.1. Market Revenue and Volume Forecast, by Products (2020-2032)

12.3.5.2. Market Revenue and Volume Forecast, by Distribution Channel (2020-2032)

12.3.5.3. Market Revenue and Volume Forecast, by Gender (2020-2032)

12.3.5.4. Market Revenue and Volume Forecast, by Packaging (2020-2032)

12.3.6. China

12.3.6.1. Market Revenue and Volume Forecast, by Products (2020-2032)

12.3.6.2. Market Revenue and Volume Forecast, by Distribution Channel (2020-2032)

12.3.6.3. Market Revenue and Volume Forecast, by Gender (2020-2032)

12.3.6.4. Market Revenue and Volume Forecast, by Packaging (2020-2032)

12.3.7. Japan

12.3.7.1. Market Revenue and Volume Forecast, by Products (2020-2032)

12.3.7.2. Market Revenue and Volume Forecast, by Distribution Channel (2020-2032)

12.3.7.3. Market Revenue and Volume Forecast, by Gender (2020-2032)

12.3.7.4. Market Revenue and Volume Forecast, by Packaging (2020-2032)

12.3.8. Rest of APAC

12.3.8.1. Market Revenue and Volume Forecast, by Products (2020-2032)

12.3.8.2. Market Revenue and Volume Forecast, by Distribution Channel (2020-2032)

12.3.8.3. Market Revenue and Volume Forecast, by Gender (2020-2032)

12.3.8.4. Market Revenue and Volume Forecast, by Packaging (2020-2032)

12.4. MEA

12.4.1. Market Revenue and Volume Forecast, by Products (2020-2032)

12.4.2. Market Revenue and Volume Forecast, by Distribution Channel (2020-2032)

12.4.3. Market Revenue and Volume Forecast, by Gender (2020-2032)

12.4.4. Market Revenue and Volume Forecast, by Packaging (2020-2032)

12.4.5. GCC

12.4.5.1. Market Revenue and Volume Forecast, by Products (2020-2032)

12.4.5.2. Market Revenue and Volume Forecast, by Distribution Channel (2020-2032)

12.4.5.3. Market Revenue and Volume Forecast, by Gender (2020-2032)

12.4.5.4. Market Revenue and Volume Forecast, by Packaging (2020-2032)

12.4.6. North Africa

12.4.6.1. Market Revenue and Volume Forecast, by Products (2020-2032)

12.4.6.2. Market Revenue and Volume Forecast, by Distribution Channel (2020-2032)

12.4.6.3. Market Revenue and Volume Forecast, by Gender (2020-2032)

12.4.6.4. Market Revenue and Volume Forecast, by Packaging (2020-2032)

12.4.7. South Africa

12.4.7.1. Market Revenue and Volume Forecast, by Products (2020-2032)

12.4.7.2. Market Revenue and Volume Forecast, by Distribution Channel (2020-2032)

12.4.7.3. Market Revenue and Volume Forecast, by Gender (2020-2032)

12.4.7.4. Market Revenue and Volume Forecast, by Packaging (2020-2032)

12.4.8. Rest of MEA

12.4.8.1. Market Revenue and Volume Forecast, by Products (2020-2032)

12.4.8.2. Market Revenue and Volume Forecast, by Distribution Channel (2020-2032)

12.4.8.3. Market Revenue and Volume Forecast, by Gender (2020-2032)

12.4.8.4. Market Revenue and Volume Forecast, by Packaging (2020-2032)

12.5. Latin America

12.5.1. Market Revenue and Volume Forecast, by Products (2020-2032)

12.5.2. Market Revenue and Volume Forecast, by Distribution Channel (2020-2032)

12.5.3. Market Revenue and Volume Forecast, by Gender (2020-2032)

12.5.4. Market Revenue and Volume Forecast, by Packaging (2020-2032)

12.5.5. Brazil

12.5.5.1. Market Revenue and Volume Forecast, by Products (2020-2032)

12.5.5.2. Market Revenue and Volume Forecast, by Distribution Channel (2020-2032)

12.5.5.3. Market Revenue and Volume Forecast, by Gender (2020-2032)

12.5.5.4. Market Revenue and Volume Forecast, by Packaging (2020-2032)

12.5.6. Rest of LATAM

12.5.6.1. Market Revenue and Volume Forecast, by Products (2020-2032)

12.5.6.2. Market Revenue and Volume Forecast, by Distribution Channel (2020-2032)

12.5.6.3. Market Revenue and Volume Forecast, by Gender (2020-2032)

12.5.6.4. Market Revenue and Volume Forecast, by Packaging (2020-2032)

Chapter 13. Company Profiles

13.1. L’Oréal S.A.

13.1.1. Company Overview

13.1.2. Product Offerings

13.1.3. Financial Performance

13.1.4. Recent Initiatives

13.2. Procter & Gamble Co.

13.2.1. Company Overview

13.2.2. Product Offerings

13.2.3. Financial Performance

13.2.4. Recent Initiatives

13.3. Johnson & Johnson

13.3.1. Company Overview

13.3.2. Product Offerings

13.3.3. Financial Performance

13.3.4. Recent Initiatives

13.4. Estée Lauder Companies Inc.

13.4.1. Company Overview

13.4.2. Product Offerings

13.4.3. Financial Performance

13.4.4. Recent Initiatives

13.5. Unilever PLC

13.5.1. Company Overview

13.5.2. Product Offerings

13.5.3. Financial Performance

13.5.4. Recent Initiatives

13.6. Beiersdorf AG

13.6.1. Company Overview

13.6.2. Product Offerings

13.6.3. Financial Performance

13.6.4. Recent Initiatives

13.7. Shiseido Company, Limited

13.7.1. Company Overview

13.7.2. Product Offerings

13.7.3. Financial Performance

13.7.4. Recent Initiatives

13.8. Colgate-Palmolive Company

13.8.1. Company Overview

13.8.2. Product Offerings

13.8.3. Financial Performance

13.8.4. Recent Initiatives

13.9. Avon Products, Inc.

13.9.1. Company Overview

13.9.2. Product Offerings

13.9.3. Financial Performance

13.9.4. Recent Initiatives

13.10. Coty Inc.

13.10.1. Company Overview

13.10.2. Product Offerings

13.10.3. Financial Performance

13.10.4. Recent Initiatives

Chapter 14. Research Methodology

14.1. Primary Research

14.2. Secondary Research

14.3. Assumptions

Chapter 15. Appendix

15.1. About Us

15.2. Glossary of Terms

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