Skincare Products

Skincare Products

Global Skincare Products Market to Reach $21 Billion by 2030
In the changed post COVID-19 business landscape, the global market for Skincare Products estimated at US$14.3 Billion in the year 2022, is projected to reach a revised size of US$21 Billion by 2030, growing at aCAGR of 4.9% over the period 2022-2030. Face Creams & Moisturizers, one of the segments analyzed in the report, is projected to record 5.4% CAGR and reach US$8.9 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Body Creams & Moisturizers segment is readjusted to a revised 4.8% CAGR for the next 8-year period.

The U.S. Market is Estimated at $3.8 Billion, While China is Forecast to Grow at 7.7% CAGR
The Skincare Products market in the U.S. is estimated at US$3.8 Billion in the year 2022. China, the world`s second largest economy, is forecast to reach a projected market size of US$4.7 Billion by the year 2030 trailing a CAGR of 7.7% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3% and 3.9% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.6% CAGR.

Select Competitors (Total 43 Featured) -

• Amway Corporation
• Chanel SA
• Clarins Canada, Inc.
• Conair Corporation
• Coty, Inc.
• Estee Lauder, Inc.
• L'Oreal Group
• Lotus Herbals Pvt., Ltd.
• Mary Kay, Inc.
• Oriflame Cosmetics Global SA
• Procter & Gamble Company, The
• Rachel K Cosmetics
• Revlon, Inc.
• Shiseido Co., Ltd.
• Skinfood USA, Inc.
• Unilever PLC

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