Skincare in Singapore

Skincare in Singapore
Summary

Skincare in Singapore industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

  • The skincare market consists of the retail sale of facial care, body care, hand care, depilatories, and make-up remover products. The market is valued according to retail selling price (RSP) and includes any applicable taxes. All currency conversions have been made using constant annual average 2023 exchange rates.
  • The Singaporean Skincare market had total revenues of $628.3 million in 2023, representing a compound annual growth rate (CAGR) of 3.5% between 2018 and 2023.
  • Market consumption volume increased with a CAGR of 1.6% between 2018 and 2023, to reach a total of 60.7 million units in 2023.
  • The performance of the market is forecast to decelerate, with an anticipated CAGR of 2.8% for the five-year period 2023 - 2028, which is expected to drive the market to a value of $722.9 million by the end of 2028.
Scope
  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the skincare market in Singapore
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the skincare market in Singapore
  • Leading company profiles reveal details of key skincare market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the Singapore skincare market with five year forecasts by both value and volume
Reasons to Buy
  • What was the size of the Singapore skincare market by value in 2023?
  • What will be the size of the Singapore skincare market in 2028?
  • What factors are affecting the strength of competition in the Singapore skincare market?
  • How has the market performed over the last five years?
  • Who are the top competitors in Singapore's skincare market?


1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Market volume
1.4. Market volume forecast
1.5. Category segmentation
1.6. Geography segmentation
1.7. Market share
1.8. Market rivalry
1.9. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
3.2. Market volume
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
4.3. Market distribution
5 Market Outlook
5.1. Market value forecast
5.2. Market volume forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Market share
7.2. Who are the leading players in the Singaporean skincare market?
7.3. Which companies have been most successful in increasing their market shares in the last five years (2018-2023)?
7.4. Which companies market shares have suffered over the same period?
7.5. What are the most popular brands in the Singaporean skincare market?
8 Company Profiles
8.1. L'Oreal SA
8.2. The Procter & Gamble Co
8.3. The Estee Lauder Companies Inc
8.4. Nu Skin Enterprises, Inc.
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine
List of Tables
Table 1: Singapore skincare market value: $ million, 2018-23
Table 2: Singapore skincare market volume: million units, 2018-23
Table 3: Singapore skincare market category segmentation: % share, by value, 2018-2023
Table 4: Singapore skincare market category segmentation: $ million, 2018-2023
Table 5: Singapore skincare market geography segmentation: $ million, 2023
Table 6: Singapore skincare market distribution: % share, by value, 2023
Table 7: Singapore skincare market value forecast: $ million, 2023-28
Table 8: Singapore skincare market volume forecast: million units, 2023-28
Table 9: Singapore skincare market share: % share, by value, 2023
Table 10: L'Oreal SA: key facts
Table 11: L'Oreal SA: Annual Financial Ratios
Table 12: L'Oreal SA: Key Employees
Table 13: L'Oreal SA: Key Employees Continued
Table 14: The Procter & Gamble Co: key facts
Table 15: The Procter & Gamble Co: Annual Financial Ratios
Table 16: The Procter & Gamble Co: Key Employees
Table 17: The Procter & Gamble Co: Key Employees Continued
Table 18: The Estee Lauder Companies Inc: key facts
Table 19: The Estee Lauder Companies Inc: Annual Financial Ratios
Table 20: The Estee Lauder Companies Inc: Key Employees
Table 21: The Estee Lauder Companies Inc: Key Employees Continued
Table 22: Nu Skin Enterprises, Inc.: key facts
Table 23: Nu Skin Enterprises, Inc.: Annual Financial Ratios
Table 24: Nu Skin Enterprises, Inc.: Key Employees
Table 25: Nu Skin Enterprises, Inc.: Key Employees Continued
Table 26: Singapore size of population (million), 2019-23
Table 27: Singapore gdp (constant 2005 prices, $ billion), 2019-23
Table 28: Singapore gdp (current prices, $ billion), 2019-23
Table 29: Singapore inflation, 2019-23
Table 30: Singapore consumer price index (absolute), 2019-23
Table 31: Singapore exchange rate, 2019-23
List of Figures
Figure 1: Singapore skincare market value: $ million, 2018-23
Figure 2: Singapore skincare market volume: million units, 2018-23
Figure 3: Singapore skincare market category segmentation: $ million, 2018-2023
Figure 4: Singapore skincare market geography segmentation: % share, by value, 2023
Figure 5: Singapore skincare market distribution: % share, by value, 2023
Figure 6: Singapore skincare market value forecast: $ million, 2023-28
Figure 7: Singapore skincare market volume forecast: million units, 2023-28
Figure 8: Forces driving competition in the skincare market in Singapore, 2023
Figure 9: Drivers of buyer power in the skincare market in Singapore, 2023
Figure 10: Drivers of supplier power in the skincare market in Singapore, 2023
Figure 11: Factors influencing the likelihood of new entrants in the skincare market in Singapore, 2023
Figure 12: Factors influencing the threat of substitutes in the skincare market in Singapore, 2023
Figure 13: Drivers of degree of rivalry in the skincare market in Singapore, 2023
Figure 14: Singapore skincare market share: % share, by value, 2023

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