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Meticulous Research®, a leading market research firm, has published a report titled Skin Care Products Market by Type (Facial, Lip, Body), Product (Cream, Lotion, Powder, Moisturizer, Toner), User Group (Male, Female, Unisex), Price Category (Mass, Premium), Distribution Channel (Supermarket, Retail, Online) – Global Forecast to 2030.

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According to this latest publication, the skin care products market is projected to reach $199.42 billion by 2030, growing at a CAGR of 5.2% from 2024 to 2030. The market’s growth is driven by increasing demand for anti-aging products, a surge in the adoption of organic skin care solutions, heightened personal grooming importance, enhanced consumer awareness about beauty and personal care, and rising expenditures on personal care products.

Key Players

The report profiles key players in the skin care products market, including L’Oréal S.A. (France), Johnson & Johnson, Inc. (U.S.), Unilever PLC (U.K.), Revlon, Inc. (U.S.), Avon Products, Inc. (U.S.), Colgate-Palmolive Company (U.S.), Shiseido Co., Ltd. (Japan), The Procter & Gamble Company (P&G) (U.S.), Oriflame Holding Limited (Switzerland), Estee Lauder Companies, Inc. (U.S.), Beiersdorf AG (Germany), Coty Inc. (U.S.), Kao Corporation (Japan), Amorepacific Corporation (South Korea), and Caudalie (France).

Market Segmentation

The skin care products market is segmented by type (facial care, lip care, body care), product (creams, lotions, powders, moisturizers, cleansers, toners, exfoliators, and other skin care items), composition (chemical and natural), packaging type (tube, jar, bottle, and others), distribution channel (supermarkets, specialist retail stores, e-commerce, pharmacies, and others), price category (mass and premium), and geography. The study also assesses industry competitors and analyzes regional and country-level markets.

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  • By Type: In 2024, the facial care segment is expected to dominate the market due to its focus on cleansing, moisturizing, and maintaining facial health, leading to hydrated and glowing skin.
  • By Product: The creams segment is anticipated to hold the largest market share in 2024, as creams hydrate the skin, maintain elasticity, promote repair, and help protect against pollution, often utilizing natural ingredients.
  • By Composition: The chemical composition segment is projected to account for the largest share in 2024, due to the broader availability and lower costs of chemical-based products, although the trend towards natural compositions may diminish this segment’s share over time.
  • By Packaging Type: The tube packaging segment is expected to lead in 2024, thanks to its advantages like clean dispensing, cost-effectiveness, convenience, and environmental benefits through reusability and recyclability.
  • By Distribution Channel: In 2024, supermarkets are anticipated to hold the largest market share, providing self-service and a wide range of skin care products, along with exclusive offers that entice consumers.
  • By Price Category: The mass skin care products segment is expected to dominate in 2024, as these products are manufactured on a large scale, making them accessible at lower prices for consumers.
  • By User Group: The female segment is projected to account for the largest share in 2024, driven by preferences for natural and organic products and a higher propensity to invest in skin care compared to men.

Geographic Overview

This research report offers a comprehensive analysis of major regions, including North America (U.S. and Canada), Europe (Germany, France, U.K., Italy, Spain, Netherlands, Sweden, Switzerland, and the Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australia, and the Rest of Asia-Pacific), Latin America (Brazil, Mexico, and the Rest of Latin America), and the Middle East & Africa. In 2024, North America is expected to lead the skin care products market, followed by Europe and Asia-Pacific, primarily due to rising popularity, advanced product features, and high disposable incomes in the region.

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Key questions answered in the report-

  • Which are the high-growth market segments in terms of product, type, composition, packaging type, distribution channel, price category, user group, and geography?
  • What was the historical market for skin care products across the globe?
  • What are the market forecasts and estimates for the period 2024–2030?
  • What are the major drivers, restraints, opportunities, and challenges in the skin care products market?
  • Who are the major players in the skin care products market?
  • What is the competitive landscape like, and who are the market leaders in the skin care products market?
  • What are the recent developments in the global skin care products market?
  • What are the different strategies adopted by the major players in the global skin care products market?
  • What are the geographical trends and high-growth regions/countries?

About Meticulous Research®

Meticulous Research® is a leading provider of comprehensive market intelligence, offering actionable insights and analysis across various industries. Our reports empower businesses to make informed decisions, drive growth, and remain competitive in a rapidly evolving marketplace.

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