Global Skincare Products Market 2024-2028

Global Skincare Products Market 2024-2028

The skincare products market is forecasted to grow by USD 43.9 bn during 2023-2028, accelerating at a CAGR of 5.54% during the forecast period. The report on the skincare products market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising adoption of home salon and spa services, rising demand for multifunctional skincare products, and presence of premium brands.

Technavio's skincare products market is segmented as below:

• By Distribution Channel
• Offline
• Online
• By Product
• Face skincare products
• Body skincare products
• By Product Specification
• Moisturizers
• Anti-aging skincare products
• Skin brightening products
• Sun protection products
• Others
• By Geographical Landscape
• APAC
• North America
• Europe
• South America
• Middle East and Africa

This study identifies the increasing research and development activities and introduction of new products as one of the prime reasons driving the skincare products market growth during the next few years. Also, growing demand for cannabidiol (cbd) skincare products and growing preference for organic skincare products will lead to sizable demand in the market.

The report on the skincare products market covers the following areas:

• Skincare products market sizing
• Skincare products market forecast
• Skincare products market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading skincare products market vendors that include Alchimie Forever LLC, Amorepacific Corp., Amway Corp., Bare Necessities Zero Waste Solutions Pvt. Ltd, Beiersdorf AG, Belviso Co., Botanic Organic Products LLC, Chanel Ltd., Colgate Palmolive Co., Coty Inc., Emami Ltd, Himalaya Global Holdings Ltd., Johnson and Johnson Services Inc., Kao Corp., Lancer Skincare LLC, LOreal SA, LVMH Group, Natura and Co Holding SA, Patanjali Ayurved Ltd., Revlon Inc., Shiseido Co. Ltd., The Estee Lauder Co. Inc., The Procter and Gamble Co., Unilever PLC, VLCC Health Care Ltd., and Weleda Group. Also, the skincare products market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.