Products that are used for cleaning, soothing, restoring, reinforcing, protecting and treating skin and for keeping it in good condition are called skin care products. These products are used by individuals for treatment of various skin related concerns and for enhancing its appearance and texture. Skin care products help to protect the skin from the effects of the sun and pollutants, and other skin related problems.

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Changing lifestyle patterns and rise in awareness towards advanced skin care products are some of the major factors boosting the growth of the skin care products market. In addition, surging number of working women around the world, growing awareness about one’s looks and skin quality, and the easy availability of such products online are supplementing demand of skin care products. Moreover, growing awareness regarding the benefits of using personal care products and the availability of a wide range of skin care products including sunscreens, anti-aging creams, face wash, face creams, body lotions, and skin brightening creams among other products are further expected to support the growth of the market during the forecast period.

The growing awareness regarding the adverse effects of synthetic skin care products coupled with growing usage of environmentally safe product has boosted the demand for natural and organic skincare products, thereby augmenting the growth of the skin care products market. However, limited shelf life, side-effects related to the use of skin care products in individuals such as rashes, acne, and pimples, and increasing number of counterfeit products are some of the major factors that are anticipated to hamper the growth of the global skin care products market over the forecast period.

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Based on by product, the market is segmented into face cream, body lotion, and others. The face cream segment is expected to dominate the skin care products market primarily due to the increasing demand of skin brightening face creams among consumers. Additionally, availability of face creams for reducing wrinkles, acne scars, freckles, discoloration, and age spots on face is further accelerating the growth of the market over the forecast period.

Based on distribution channel, the market is segmented into hypermarkets, supermarkets, specialty stores, online store, drug stores, and others. The online store segment is expected to grow at a higher CAGR during the forecast period. This can be attributed to the availability of wide range of products on e-commerce websites, faster delivery of products, easier return policies, and surge in the use of mobile devices globally.

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Based on the region, Asia-Pacific region is anticipated to witness a faster CAGR during the forecast period. This is primarily due to the growing middle-class population coupled with the rising per capita income of consumers in the growing economies including China, Japan, India, and South Korea in the region. Additionally, growth in the demand of skin lightening and anti-aging creams together with the increase in wellness spending is further supporting the market growth in the region. On the other hand, North America is projected to lead the skin care products market owing to the increasing awareness among consumers towards advanced skin care products. Moreover, rapid economic development, increased standard of living, and the growing demand of organic skin care products are further augmenting the market growth in the region.

Various notable players operating in the global skin care products market include L’Oréal, Unilever Group, Beiersdorf AG, Johnson and Johnson Services, Inc., Natura &Co Holding S.A, Shiseido Company, Limited, Revlon, Inc., The Estée Lauder Companies, Inc., Colgate-Palmolive Company, and Procter & Gamble Company, among other companies. 

Key Developments:

• • In 2020, Yatsen Global, a China based Beauty Company acquired GALENIC, one of the leading skincare brand, of French pharmaceutical and dermo-cosmetic group Pierre Fabre Group.
  • In 2019, Unilever Group acquired one of the leading prestige skincare brand, Tatcha. With this acquisition, the company enhanced their product portfolio in skin care market.
  • In 2019, The Estée Lauder Companies Inc. acquired South Korean cosmetics company Have & Be Co. Ltd., which ownws Dr. Jart+ and men’s grooming brand Do The Right Thing.

The global skin care products market has been segmented on the product, and region. On the basis of product, the market is segmented into face cream, body lotion, and others. Based on distribution channel, the market is segmented into hypermarkets, supermarkets, specialty stores, online store, drug stores, and others.

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Key questions answered in this research report:

• • At what pace is global Skin Care Products market growing? What will be the growth trend in the future?
  • What are the key drivers and restraints in Skin Care Products market? What will be the impact of drivers and restraints in the future?
  • What are the regional revenues and forecast breakdowns? Which are the major regional revenue pockets for growth in the global Skin Care Products market?
  • Which product generated maximum revenues in 2019 and identify the most promising product during the forecast period?
  • What are the various distribution channels of global Skin Care Products market and how they are poised to grow?
  • What companies are the major participants in this market and their business strategies, how does the competitive landscape look like?

Report Coverage	Details
Market Base Year	2019
Market Forecast Period	2020-2027
Market Revenues Currency	USD Million
Base Year & Forecast Units	Revenues (USD Million)
Market Segment	By Product, By Distribution Channel, and By Region
Regional Coverage	Asia Pacific, Europe, North America, and RoW
Companies Profiled	L’Oréal, Unilever Group, Beiersdorf AG, Johnson and Johnson Services, Inc., Natura &Co Holding S.A, Shiseido Company, Limited, Revlon, Inc., The Estée Lauder Companies, Inc., Colgate-Palmolive Company, and Procter & Gamble Company among others; a total of 10 companies covered.
25% Free Customization Available	We will customize this report up to 25% as a free customization to address our client’s specific requirements

Market Segmentation

Global Skin Care Products Market by Product

• • Face Cream
  • Body lotion
  • Others

Global Skin Care Products Market by Distribution Channel

• • Hypermarkets
  • Supermarkets
  • Specialty Stores
  • Online Store
  • Drug Stores
  • Others

Global Skin Care Products Market by Region

• • North America Skin Care Product Market (Option 1: As a part of the free 25% customization)
    • North America Market by Product
    • North America Market by Distribution Channel
    • US Market All-Up
    • Canada Market All-Up
  • Europe Skin Care Product Market (Option 2: As a part of the free 25% customization)
    • Europe Market by Product
    • Europe Market by Distribution Channel
    • UK Market All-Up
    • Germany Market All-Up
    • France Market All-Up
    • Spain Market All-Up
    • Rest of Europe Market All-Up
  • Asia-Pacific Skin Care Product Market (Option 3: As a part of the free 25% customization)
    • Asia-Pacific Market by Product
    • Asia-Pacific Market by Distribution Channel
    • China Market All-Up
    • India Market All-Up
    • Japan Market All-Up
    • Rest of APAC Market All-Up
  • RoW Skin Care Product Market (Option 4: As a part of the free 25% customization)
    • RoW Market by Product
    • RoW Market by Distribution Channel
    • Brazil Market All-Up
    • South Africa Market All-Up
    • Saudi Arabia Market All-Up
    • UAE Market All-Up
    • Rest of world (remaining countries of the LAMEA region) Market All-Up

Global Skin Care Product Market Players (Option 5: As a part of the Free 25% Customization – Profiles of 5 Additional Companies of your Choice)

• • L’Oréal
  • Unilever Group
  • Beiersdorf AG
  • Johnson and Johnson Services, Inc.
  • Natura &Co Holding S.A.
  • Shiseido Company, Limited
  • Revlon, Inc.
  • The Estée Lauder Companies, Inc.
  • Colgate-Palmolive Company
  • Procter & Gamble Company