The latest market report published by Credence Research, Inc. “Global Cosmetic Skin Care Products Market: Growth, Future Prospects, and Competitive Analysis, 2016 – 2028″. The Global Cosmetic Skin Care Products Market generated revenue of around USD 55.1 Billion in 2021 and is anticipated to grow a CAGR of over 6.7% during the forecast period from 2022 to 2028 to reach around USD 81.3 Billion in 2028. While, cumulative growth opportunity presented by the global cosmetic skin care products is around USD 26.2 billion during 2022 to 2028.
The said research study covers an in-depth analysis of multiple market segments based on the type of products, age group, distribution channel, and different geographies. On the basis of age group, currently baby boomers are considered the key consumers of cosmetic skin care products but the trend has been observed to slightly shift towards millennials or generation Y due to increasing awareness associated with cosmetic wellbeing and easy access to modern technology-based cosmetic skin products. Overall, there is a change observed in beauty standards over the past decade and also the shifting preferences of consumers. The key factors driving the overall cosmetic skin care products market are rising demand for safe and effective cosmetic products, plant-based products are generating huge demand, increasing awareness associated with beauty wellbeing and an increasing geriatric population equipped with high disposable capital.
Throughout the forecast period, the improving quality of life, the positive effects of beauty and personal care on self-esteem and social connection, and the progressive consumer tendency toward premium and luxury cosmetic brands are all predicted to fuel market growth. Furthermore, the market’s growth is being accelerated by increased premiumization and consumers’ demand for more personalized solutions. In addition, consumers worldwide are gravitating toward organic personal care products as demand for organic ingredients grows, which is likely to drive market expansion throughout the study period.
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Cosmetic Skin Care Products Market Scope
Report Attribute
Details
Market Value in 2021
USD 55.1 Billion
Market Value in 2028
USD 81.3 Billion
CAGR
6.7%
Benchmarking Year
2021
Past data
2016 – 2021
Forecast period
2022 – 2028
The global cosmetic skin care products market is bifurcated into Type, Application, and Geography. Based on type, the market is categorized into skin moisturizers, skin cleansing lotions, skin facial masks, skin shaving creams, skin serums, and others. On the basis of application, the global market is segmented into Supermarkets and Grocery Retailers, Beauty Specialist Retail Outlets, Factory Outlets, and Online Sales. North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa are the geographical segments of the market.
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Table of Content
1. Preface
1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I – Secondary Research
1.3.2. Phase II – Primary Research
1.3.3. Phase III – Expert Panel Review
1.3.4. Approach Adopted
1.3.4.1. Top-Down Approach
1.3.4.2. Bottom-Up Approach
1.3.5. Assumptions
1.4. Market Segmentation
2. Executive Summary
2.1. Market Snapshot: Global Cosmetic Skin Care Products Market
3. Market Dynamics & Factors Analysis
3.1. Introduction
3.1.1. Global Cosmetic Skin Care Products Market Value, 2016-2028, (US$ Bn)
3.2. Market Dynamics
3.2.1. Key Growth Trends
3.2.2. Major Industry Challenges
3.2.3. Key Growth Pockets
3.3. Attractive Investment Proposition,2021
3.3.1. Type
3.3.2. Application
3.3.3. Geography
3.4. Porter’s Five Forces Analysis
3.4.1. Threat of New Entrants
3.4.2. Bargaining Power of Buyers/Consumers
3.4.3. Bargaining Power of Suppliers
3.4.4. Threat of Substitute Types
3.4.5. Intensity of Competitive Rivalry
3.5. Value Chain Analysis
4. Market Positioning of Key Players, 2021
4.1. Company market share of key players, 2021
4.2. Top 6 Players
4.3. Top 3 Players
4.4. Major Strategies Adopted by Key Players
5. COVID 19 Impact Analysis
5.1. Global Cosmetic Skin Care Products Market Pre Vs Post COVID 19, 2019 – 2028
5.2. Impact on Import & Export
5.3. Impact on Demand & Supply
6. North America
6.1. North America Cosmetic Skin Care Products Market, by Country, 2016-2028(US$ Bn)
6.1.1. U.S.
6.1.2. Canada
6.1.3. Mexico
6.2. North America Cosmetic Skin Care Products Market, by Type, 2016-2028(US$ Bn)
6.2.1. Overview
6.2.2. Skin Moisturizers
6.2.3. Skin Cleansing Lotions
6.2.4. Skin Facial Masks
6.2.5. Skin Shaving Creams
6.2.6. Skin Serums
6.2.7. Others
6.3. North America Cosmetic Skin Care Products Market, by Application, 2016-2028(US$ Bn)
6.3.1. Overview
6.3.2. Supermarkets and Grocery Retailers
6.3.3. Beauty Specialist Retail Outlets
6.3.4. Factory Outlets
6.3.5. Online
6.3.6. Others
7. Europe
……….
8. Asia Pacific
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9. Latin America
…………
10. Middle East
……………
11. Africa
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12. Global
13. Company Profiles
13.1. L’Oreal S.A
13.2. The Estee Lauder Companies
13.3. Kao Corporation
13.4. Beiersdorf
13.5. Unilever
13.6. Procter & Gamble
13.7. Avon Products
13.8. Johnson & Johnson
13.9. Natura & Co
13.10. The Estee Lauder Companies
13.11. Others
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List of Figures
FIG. 1 Global Cosmetic Skin Care Products Market: Research Methodology
FIG. 2 Market Size Estimation – Top Down & Bottom up Approach
FIG. 3 Global Cosmetic Skin Care Products Market Segmentation
FIG. 4 Global Cosmetic Skin Care Products Market, by Type, 2019 (US$ Bn)
FIG. 5 Global Cosmetic Skin Care Products Market, by Application, 2021 (US$ Bn)
FIG. 6 Global Cosmetic Skin Care Products Market, by Geography, 2021 (US$ Bn)
FIG. 7 Attractive Investment Proposition, by Geography, 2021
FIG. 8 Global Market Positioning of Key Cosmetic Skin Care Products Market Manufacturers, 2019
FIG. 9 Global Cosmetic Skin Care Products Market Value Contribution, By Type, 2021 & 2028 (Value %)
FIG. 10 Global Cosmetic Skin Care Products Market, by Skin Moisturizers, Value, 2016-2028 (US$ Bn)
FIG. 11 Global Cosmetic Skin Care Products Market, by Skin Cleansing Lotions, Value, 2016-2028 (US$ Bn)
FIG. 12 Global Cosmetic Skin Care Products Market, by Skin Facial Masks, Value, 2016-2028 (US$ Bn)
FIG. 13 Global Cosmetic Skin Care Products Market, by Others, Value, 2016-2028 (US$ Bn)
FIG. 14 Global Cosmetic Skin Care Products Market Value Contribution, By Application, 2021 & 2028 (Value %)
FIG. 15 Global Cosmetic Skin Care Products Market, by Supermarkets and Grocery Retailers, Value, 2016-2028 (US$ Bn)
FIG. 16 Global Cosmetic Skin Care Products Market, by Beauty Specialist Retail Outlets, Value, 2016-2028 (US$ Bn)
FIG. 17 Global Cosmetic Skin Care Products Market, by Factory Outlets , Value, 2016-2028 (US$ Bn)
FIG. 18 U.S. Cosmetic Skin Care Products Market, 2016-2028 (US$ Bn)
FIG. 19 Rest of North America Cosmetic Skin Care Products Market, 2016-2028 (US$ Bn)
FIG. 20 U.K. Cosmetic Skin Care Products Market, 2016-2028 (US$ Bn)
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