Skin Care Products Market Projected to Touch $179 Billion By 2022

Published: Wed Feb 27 2019

In order to study the various trends and patterns prevailing in the concerned market, Market Research Reports Search Engine (MRRSE) has included a new report titled "Skin Care Products Market" to its wide online database. This research assessment offers a clear insight about the influential factors that are expected to transform the global market in the near future.

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Skin care products are applied to the skin in order to avoid symptoms of early aging, pimples, and black patches. Increasing beauty consciousness among the consumers globally is creating a positive impact on the demand of skin care products. Skin care products include face creams and body lotions. The face cream segment covers anti-aging, sun protection, and skin brightening products. Furthermore, the products under the body lotion segment include mass market body care lotions and premium body care lotions.

Consumers across different regions such as Asia Pacific, Europe, North America, and Rest of the World are showing interest in various skin care products due to growing concerns about beauty, and desire for a healthy skin. Similarly, anti-aging creams prevent the early signs of aging such as laxity, wrinkles, dyspigmentation, erythema, and poor skin texture. Sun protection creams protect skin from the adverse effects of ultraviolet rays by preventing sunburn. Skin brightening creams brighten the skin while addressing problems like dark spots, black patches, wrinkles, and uneven skin tone.

Furthermore, skin care products are not only limited to face creams but also cover the body care segment which includes mass body care products such as moisturizers and sunscreen lotions. Products under the premium body care segment include body massage creams and body oils. Key players in the skincare product segment include Avon Products Inc., L’Oreal S.A., Beiersdorf AG, and Unilever PLC among others operating in the regions such as North America, Europe, Asia Pacific, Middle East and Africa (MEA) and Latin America.

The report provides a strategic analysis of the global market for skin care products, and offers growth forecast for the period from 2015 to 2021. The scope of the report includes a competitive analysis of the market segments based on products from different regional markets. The report also strives to compile together a broad analysis of the characteristics of the Skin Care Products Market by providing historical data from 2014 and forecast up to 2021 along with a detailed breakdown of the revenue.

The report also identifies various factors affecting market growth and trends. Inflation is not a part of pricing in this report. The market size of the global skin care products is provided in terms of revenue. Market revenues are defined in USD billion. Market size and forecast for each product type is provided in the context of global as well as regional markets.

This market has been segmented by types of skin care products into face cream and body lotion. The face cream segment is further segmented into skin brightening, anti-aging and sun protection cream. The body lotion segment is further segmented into mass market body care lotion and premium body care lotion. The scope of the report also offers an insight into skin care products usage globally, based on value (USD billion). In addition, current and future market trends are provided in the report.

The report also provides an insight into region wise skin care product preferences. Skin brightening creams dominated the market for skin care products in Asia Pacific. Anti-aging creams held the largest market share in the skin care market in North America and Europe. Mass market body care lotions held the largest market share in the body lotion segment globally. Rising consumer awareness about various skin care products and the desire to have healthy skin are some of the major factors driving the skin care market globally.

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Skin care products reach the end users through various distribution channels such as hypermarkets and supermarkets, beauty products retailers, department stores, drug store pharmacies and online stores. Currently, manufacturers are focusing on widening the distribution channels in order to improve market penetration.

The report also provides the company market share analysis of key players operating in the skin care market. The key players operating in global skin care market are Avon Products Inc., L’Oreal S.A., Beiersdorf AG, and Unilever PLC among others.

Global Skin Care Market: By Product Segment

  • Face cream

  • Skin brightening cream

  • Anti-aging cream

  • Sun protection cream

  • Body lotion

  • Mass market body care lotion

  • Premium body care lotion

Global Skin Care Market: By Geography

  • North America

  • U.S.

  • Rest of North America

  • Europe

  • U.K.

  • France

  • Germany

  • Italy

  • Rest of Europe

  • Asia Pacific

  • India

  • China

  • Japan

  • Rest of Asia Pacific

  • Middle East and Africa (MEA)

  • Saudi Arabia

  • South Africa

  • Rest of Middle East and Africa (MEA)

  • Latin America

  • Brazil

  • Argentina

  • Rest of Latin America

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