Global Skin Care Products Market Size, Trends and Growth Opportunity, By Product Type (Creams,
Lotions, Powders, Sprays and Others), By Packaging (Tube, Bottle, Jar and Others) By Gender (Men,
Women And Unisex) By Distribution Channel (Cosmetic Stores, Supermarket/Hypermarket, Online
Channel And Others) By Region and Forecast Till 2027.
Global Skin Care Products Market
The global skin care products market was valued at US$ 102.13 billion in 2021 and it is expected to
reach at US$ 142.5 billion in 2027 at a CAGR of 3% during forecast period 2022-2027.
Skin Care Products are the things that one can use or applied on skin to keep it healthy and
attractive. Increasing awareness about personal grooming among people escalates the demand for
this segment. Skincare products are available in wide range such as cream, lotion, powders which
provide nourishment and make skin healthy. These products are used widely on a daily basis by
women and men which propelling the growth of this segment.
Market Drivers
Increasing concern regarding skin problems due to factor like black spots, pimples, acne marks,
tanning and dullness have increased the demand for skin care products. Women are increasingly
adding skin care products on daily basis to enhance their appearance and confidence. Online
channel and Supermarket/Hypermarket are contributing significant share in this segment which
influence the growth of this market.
Market Restraint
Some of the skin care products are actually meant to be used for particular skin types such as dry
skin, oily skin and sensitive skin, and if it’s not suited well to the skin it may cause allergic reactions
and pimples due to certain ingredients used which are not well suited for particular skin therefore, it
act as a restraining factor.
COVID-19 Impact on Skin Care Products Market
With the outbreak of covid-19 the beauty and cosmetics industry affected adversely like any other
industry due to restriction and lockdown imposed by government various retail stores got closed,
disruption in supply and distribution which hampered the product consumption rate globally.
Market Segmentation
The global skin care products market segmented on the basis of product, packaging, gender and
distribution channel. On the basis of product it segmented into creams, lotions, powders, sprays and
others. On the basis of it packaging segmented into tube, bottle, jar and others. On the basis of
gender it segmented into men, women and unisex. On the basis of distribution channel it segmented
into cosmetic stores, supermarket/hypermarket, online channel and others.
Regional Analysis
The global skin care products market segmented into five regions North America, Europe, Latin
America, Asia Pacific, Middle East and Africa. Asia Pacific is expected to hold a significant share due
to rising standard of living, rise in disposable income have resulted in increased spending on well-
being and personal care products.
Key Players
Various key players are listed in this report such as L’Oreal S.A., Beiersdorf AG, Shiseido Co., Ltd.,
Procter & Gamble (P&G), Unilever, Johnson & Johnson Services, Inc., Avon Products, Inc., Coty Inc., Colgate-Palmolive Company, Revlon.
Market Taxonomy
By Product Type
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