Skincare Market Size, Competitive Landscape, Regional Analysis, Distribution Channel, Packaging Formats and Forecast, 2016-2026

Skincare Market Size, Competitive Landscape, Regional Analysis, Distribution Channel, Packaging Formats and Forecast, 2016-2026

Summary

The global skincare sector was valued at $136.9 billion in 2021 and is forecast to generate a CAGR of 4.6% over 2021-2026, to reach $171.6 billion by 2026. In volume terms, the sector is predicted to grow from 17.9 billion units in 2021 to 19.9 billion units in 2026, at a CAGR of 2.2%. Asia-Pacific represented the largest region for the global skincare sector in 2021, with a value share of 56.1%, followed by the Americas and Western Europe, which accounted for 19.3% and 18% shares, respectively. Among all the regions, Eastern Europe is forecast to record the highest growth rates at 6.6%, during 2021-2026. In 2021, the facial care category held the highest value and volume shares with 81.4% and 70.4%, respectively. The facial care category is also set to be the fastest-growing category, with a projected value CAGR of 5.2%, during 2021-2026. In the global skincare market, the top five companies accounted for a combined value share of 29.4% in 2021. L'Oréal S.A. was the leading company with a value share of 10.6%, followed by Beiersdorf Ag (5.1%), Unilever (5%), Procter & Gamble (4.4%), and The Estée Lauder Companies Inc. (4.3%). In 2021, L'Oréal S.A. led the companies list in all the regions except Middle East & Africa where, Beiersdorf Ag held the largest market share.

Consumers today have become highly selective while purchasing skincare products, owing to health and environment considerations. Subsequently, there is a growing desire for skincare products with claims like, cruelty-free, sustainable, or chemical-free. Encouraged by this, manufacturers are launching products with claims of natural/organic, sustainable, and free from artificial preservatives. With the growing awareness about harmful effects of chemical ingredients, consumers are becoming very cautious and are paying higher attention towards the ingredients used in skincare products. They are constantly seeking products with natural, organic, and chemical-free ingredients. Manufacturers, as a result, are increasingly omitting synthetic ingredients from their formulations in order to increase their products’ natural appeal.

This report brings together multiple data sources to provide a comprehensive overview of the global skincare sector. It includes analysis on the following -

  • Sector overview: Provides an overview of the current sector scenario and the future outlook in terms of ingredients, product claims, labeling, and packaging. The analysis also covers overviews across five regions-Asia-Pacific, Middle East & Africa, the Americas, Western Europe, and Eastern Europe-highlighting sector sizes, growth factors, latest developments, and future inhibitors.
  • Change in consumption: Provides a summary of any shift in the consumption of skincare as compared with other major food sectors such as bakery & cereals, meat, and dairy & soy food during 2016-2026 at global and regional levels.
  • High-potential countries: Provides risk-reward analysis of the top 10 high-potential countries globally based on market assessment, economic development, governance indicators,
  • socio-demographic trends, and technological infrastructure.
  • Country and regional analysis: Provides deep-dive analysis of 10 high-potential countries covering value growth during 2021-2026, key challenges, consumer demographics, and key trends. It also includes regional analysis covering the future outlook for the region.
  • Competitive landscape: Provides an overview of leading companies and brands at a global and a regional level, besides analyzing product profile, country-level presence, market share, and the growth of private labels in each region.
  • Key distribution channels: Provides analysis on the leading distribution channels in the global skincare sector in 2021. It covers hypermarkets & supermarkets, convenience stores, e-retailers, food & drinks specialists, “dollar stores”, variety stores & general merchandise retailers, cash & carries & warehouse clubs, department stores, and others.
  • Preferred packaging formats*: The report provides percentage share (in 2021) and growth analysis (during 2016-2026) for various packaging materials, types, closures, and outer types based on volume sales (by pack units) of skincare products.
Scope
  • Provides an overview of current industry scenario regarding the future outlook in terms of ingredients, product claims, labeling, and packaging. The analysis also covers regional overview across five regions - Asia-Pacific, Middle East & Africa, Americas, Western Europe, and Eastern Europe - highlighting industry size, growth drivers, latest developments, and future inhibitors for the regions.
Reasons to Buy
  • Manufacturing and retailers seek latest information on how the market is evolving to formulate their sales and marketing strategies. There is also demand for authentic market data with a high level of detail. This report has been created to provide its readers with up-to-date information and analysis to uncover emerging opportunities of growth within the sector in the region
  • The report provides a detailed analysis of the countries in the region, covering the key challenges, competitive landscape and demographic analysis, that can help companies gain insight into the country specific nuances
  • The analysts have also placed a significant emphasis on the key trends that drive consumer choice and the future opportunities that can be explored in the region, than can help companies in revenue expansion
  • To gain competitive intelligence about leading brands in the sector in the region with information about their market share and growth rates


Executive Summary
Part 1: Sector Overview
Current Scenario and Future Outlook
Global Skincare Sector Overview - What are the Growth Factors, Latest Developments, and Future Inhibitors?
Regional Skincare Overview - What are the Growth Factors, Latest Developments, and Future Inhibitors?
Key Challenges in the Global Skincare Sector
Part 2: Shift In Cosmetics & Toiletries Consumption Patterns
Change in Consumption Levels in the Overall Cosmetics & Toiletries Industry, 2016-2026
Reasons For Shift in Consumption Patterns
Part 4: Identifying High-potential Countries By Region
Analysis of 10 Countries on the Basis of Risk-Reward Analysis (Market Assessment, Economic Development,
Sociodemographic, Governance Indicators, and Technological Infrastructure)
Part 4: Country Deep Analysis
High-Potential Country Analysis
Future Outlook
Part 5: Competitive Landscape
Leading Companies by Value - Global
Price Segmentation by Category in the Global Skincare Sector
Leading Companies and Brands Share Analysis by Price Segmentation - Global
Leading Companies and Brands Share Analysis by Price Segmentation - Regional
Part 6: Competitive Landscape - Market Analysis
Part 7: Market Share Of Private Label
Private Label Share Analysis by Region
Private Label Share Analysis by Category
Part 8: Key Distribution Channels
Share of Key Distribution Channels - Global and Regional Level
Part 9: Key Packaging Formats
Growth Analysis by Key Pack Material and Pack Type
Growth Analysis by Closure Type and Primary Outer Type
Appendix
Definitions
About Globaldata
List of Tables
Change in consumption levels in the overall food industry, 2016-2026
Change in consumption levels in the overall food industry: Asia-Pacific, 2016-2026
Change in consumption levels in the overall food industry: Middle East & Africa, 2016-2026
Change in consumption levels in the overall food industry: Americas, 2016-2026
Change in consumption levels in the overall food industry: Western Europe, 2016-2026
Change in consumption levels in the overall food industry: Eastern Europe, 2016-2026
Identifying high-potential countries, risk-reward analysis: Asia-Pacific
Identifying high-potential countries, risk-reward analysis: Middle East & Africa
Identifying high-potential countries, risk-reward analysis: Americas
Identifying high-potential countries, risk-reward analysis: Western Europe
Identifying high-potential countries, risk-reward analysis: Eastern Europe
South Korea: Market size analysis of top seven cities by category
Indonesia: Market size analysis of top 10 cities by category
Chile: Volume analysis of top five cities by category (million units), 2021
Argentina: Market size analysis of top two cities by category
Canada: Market size analysis of top 10 cities by category
Sweden: Market size analysis of top four cities by category
Denmark: Market size analysis of top four cities by category
Poland: Market size analysis of top 10 cities by category
Turkey: Market size analysis of top 10 cities by category
Top five companies’ share by brand and price segmentation (in value terms) in the skincare sector, 2021 - Global
Top five companies’ share by brand and price segmentation (in value terms) in the skincare sector, 2021 - Asia-Pacific
Top five companies’ share by brand and price segmentation (in value terms) in the skincare sector, 2021 - Middle East & Africa
Top five companies’ share by brand and price segmentation (in value terms) in the skincare sector, 2021 - Americas
Top five companies’ share by brand and price segmentation (in value terms) in the skincare sector, 2021 - Western Europe
Top five companies’ share by brand and price segmentation (in value terms) in the skincare sector, 2021 - Eastern Europe
Key brands - Body care, 2021
Key brands - Depilatories, 2021
Key brands - Facial care, 2021
Key brands - Hand care, 2021
Key brands - Make-up remover, 2021
Private label value and share by region, 2016-2021
Private label value sales ($ million) and share (%) by category, 2021
Leading distribution channels by region (% share by value), 2021
List of Figures
Key categories by value and volume, 2021 vs. 2026 - Global
Key categories by value and volume, 2021 vs. 2026 - Asia-Pacific
Key categories by value and volume, 2021 vs. 2026 - Middle East & Africa
Key categories by value and volume, 2021 vs. 2026 - Americas
Key categories by value and volume, 2021 vs. 2026 - Western Europe
Key categories by value and volume, 2021 vs. 2026 - Eastern Europe
South Korea: Category share
South Korea: Consumption by gender
South Korea: Consumption by age group
South Korea: Consumption by education
South Korea: Consumption by degree of urbanization
South Korea: Volume growth analysis of top seven cities
South Korea: Top seven cities’ contribution to volume growth
Indonesia: Category share
Indonesia: Consumption by gender
Indonesia: Consumption by age group
Indonesia: Consumption by education
Indonesia: Consumption by degree of urbanization
Indonesia: Volume growth analysis of top 10 cities
Indonesia: Top 10 cities’ contribution to volume growth
Nigeria: Category share
Chile: Category share
Chile: Consumption by gender
Chile: Consumption by age group
Chile: Consumption by education
Chile: Consumption by degree of urbanization
Chile: Volume growth analysis of top three cities
Chile: Top three cities’ contribution to volume growth
Argentina: Category share
Argentina: Consumption by gender
Argentina: Consumption by age group
Argentina: Consumption by education
Argentina: Consumption by degree of urbanization
Argentina: Volume growth analysis of top two cities
Argentina: Top two cities’ contribution to volume growth
Canada: Category share
Canada: Consumption by gender
Canada: Consumption by age group
Canada: Consumption by education
Canada: Consumption by degree of urbanization
Canada: Volume growth analysis of top 10 cities
Canada: Top 10 cities’ contribution to volume growth
Sweden: Category share
Sweden: Consumption by gender
Sweden: Consumption by age group
Sweden: Consumption by education
Sweden: Consumption by degree of urbanization
Sweden: Volume growth analysis of four two cities
Sweden: Top four cities’ contribution to volume growth
Denmark: Category share
Denmark: Consumption by gender
Denmark: Consumption by age group
Denmark: Consumption by education
Denmark: Consumption by degree of urbanization
Denmark: Volume growth analysis of four two cities
Denmark: Top four cities’ contribution to volume growth
Poland: Category share
Poland: Consumption by gender
Poland: Consumption by age group
Poland: Consumption by education
Poland: Consumption by degree of urbanization
Poland: Volume growth analysis of top 10 cities
Poland: Top 10 cities’ contribution to volume growth
Turkey: Category share
Turkey: Consumption by gender
Turkey: Consumption by age group
Turkey: Consumption by education
Turkey: Consumptiony degree of urbanization
Turkey: Volume growth analysis of top 10 cities
Turkey: Top 10 cities’ contribution to volume growth
Leading companies in the global skincare sector (% share), 2021
Price segmentation by category in the global skincare sector
Key pack material volume share (%), 2021
Annual volume growth by pack material (%), 2016-2026
Key pack type volume share (%), 2021
Annual volume growth by pack type (%), 2016-2026
Key closure type volume share (%), 2021
Annual volume growth by closure type (%), 2016-2026
Key primary outer volume share (%), 2021
Annual volume growth by primary outer (%), 2016-2026

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