Global Skincare Products Market Report 2023-2030: Navigating the $21 Billion Skincare Products Market - Competitor Landscape and Growth Drivers

Dublin, Sept. 12, 2023 (GLOBE NEWSWIRE) -- The "Skincare Products: Global Strategic Business Report" report has been added to's offering.

Global Skincare Products Market to Reach $21 Billion by 2030

The global market for Skincare Products estimated at US$14.3 Billion in the year 2022, is projected to reach a revised size of US$21 Billion by 2030, growing at a CAGR of 4.9% over the analysis period 2022-2030. Face Creams & Moisturizers, one of the segments analyzed in the report, is projected to record 5.4% CAGR and reach US$8.9 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Body Creams & Moisturizers segment is readjusted to a revised 4.8% CAGR for the next 8-year period.

The U.S. Market is Estimated at $3.8 Billion, While China is Forecast to Grow at 7.7% CAGR

The Skincare Products market in the U.S. is estimated at US$3.8 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$4.7 Billion by the year 2030 trailing a CAGR of 7.7% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3% and 3.9% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.6% CAGR.

Market Scope

This dataset provided comprises a comprehensive analysis of the global skincare products market from 2014 to 2030. It includes tables presenting annual sales figures in US$ Million for the specified years, along with various aspects of the market. The analysis covers geographic regions such as the USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, the Middle East, and Africa.

It delves into product segments like face creams & moisturizers, body creams & moisturizers, cleansers & face wash, sunscreen, and other skincare products. Additionally, the dataset provides insights into sales distribution across genders (female and male) and distribution channels, including supermarkets & hypermarkets, convenience stores, online platforms, pharmacy & drugstores, and other distribution channels.

Historical data, recent trends, and future projections are highlighted, offering valuable insights into the skincare products market's evolution over time.

Market Overview

  • Influencer Market Insights
  • World Market Trajectories
  • Facial Care Products - Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
  • Impact of Covid-19 and a Looming Global Recession

Select Competitors (Total 43 Featured) -

  • Amway Corporation
  • Chanel SA
  • Clarins Canada, Inc.
  • Conair Corporation
  • Coty, Inc.
  • Estee Lauder, Inc.
  • L'Oreal Group
  • Lotus Herbals Pvt., Ltd.
  • Mary Kay, Inc.
  • Oriflame Cosmetics Global SA
  • Procter & Gamble Company, The
  • Rachel K Cosmetics
  • Revlon, Inc.
  • Shiseido Co., Ltd.
  • Skinfood USA, Inc.
  • Unilever PLC

What's New for 2023?

  • Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
  • Global competitiveness and key competitor percentage market shares
  • Market presence across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and Research Platform
  • Complimentary updates for one year

Key Attributes:

Report AttributeDetails
No. of Pages243
Forecast Period2022 - 2030
Estimated Market Value (USD) in 2022$14.3 Billion
Forecasted Market Value (USD) by 2030$21 Billion
Compound Annual Growth Rate4.9%
Regions CoveredGlobal

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Global Market for Skincare Products

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