Global Skin Lightening Products Market Size study, by Product (Creams, Cleanser, Mask and Others), by Nature (Synthetic, Natural and Organic) and Regional Forecasts 2022-2028

Global Skin Lightening Products Market Size study, by Product (Creams, Cleanser, Mask and Others), by Nature (Synthetic, Natural and Organic) and Regional Forecasts 2022-2028

Global Skin Lightening Products Market is valued at approximately USD 14.49 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 5.5% over the forecast period 2022-2028. Skin Lightening Products have been gaining popularity among the millennials to reduce pigmentation, promote even skin tone, lighten discoloration and eliminate blemishes. The rise in demand for skincare is driving the market growth. For instance, according to Statista, the global skincare market value grew from 2018 i.e., USD 134.5 Billion to USD 148.3 Billion in 2020, and is further expected to reach USD 189.3 billion by 2025. Furthermore, the total market is also expected to be driven by the launch of new products. For instance, in June 2021, Shiseido Co., Ltd., a cosmetics company in Japan launched a multifunctional sunscreen that includes a brightening active under the Anessa brand. Also, in February 2022, SkinCeuticals, a medical skincare company, launched Phyto A+ brightening treatment. Also, increasing disposable income, growing importance of self-care, and increasing demand for vegan products are likely to increase the market growth during the forecast period. However, prevalence of side effects impedes the growth of the market over the forecast period of 2022-2028.

The key regions considered for the Global Skin Lightening Products Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. Asia-Pacific is the leading region across the world in terms of market share and is also anticipated to exhibit the highest growth rate over the forecast period 2022-2028 owing to the presence of well-established market players in the region, rising disposable income, rising coverage of e-commerce retail and launch of new innovative products.

Major market players included in this report are:
L’Oréal S.A.
Beiersdorf AG
Shiseido Co., Ltd.
Procter & Gamble
Unilever
Himalaya Global Holdings Ltd.
Kanebo Cosmetics Inc.
Lotus Herbals Pvt. Ltd.
VLCC Health Care Limited
Avon Products, Inc.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product:
Creams
Cleanser
Mask
Others
By Nature:
Synthetic
Natural
Organic
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028

Target Audience of the Global Skin Lightening Products Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

Companies Mentioned

L’Oréal S.A.
Beiersdorf AG
Shiseido Co., Ltd.
Procter & Gamble
Unilever
Himalaya Global Holdings Ltd.
Kanebo Cosmetics Inc.
Lotus Herbals Pvt. Ltd.
VLCC Health Care Limited
Avon Products, Inc

Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.