United Kingdom Skin Care Market, By Product Type (Face Care {BB/CC Creams, Anti-aging creams, Face Toners/ Mist, Face Moisturizers and Others} Vs. Body Care {Hand Cream, Body Lotions/Body Butter and Others}), By Origin (Conventional & Organic), By Distribution Channel (Beauty Parlors/ Salons, Multi Branded Retail Stores, Online Channels, Supermarkets/ Hypermarkets, Exclusive Retail Stores & Others), By Region, Competition Forecast & Opportunities, 2027
United Kingdom skincare market is anticipated to register growth with an impressive CAGR in the forecast period, 2023-2027. The market growth can be attributed to growing demands for highly effective skin nourishment products. Growing number of market players in the industry along with the rapid launch of the latest products with innovative ideas and formulas further drive the growth of the United Kingdom skincare market in the upcoming five years. Rising disposable income among the population and the growing population of the country also supports the growth of the United Kingdom skincare market in the next five years. Although the cosmetics industry suffered considerable losses during the pandemic times, the reinstatement of the distribution channels and online sale of the products are anticipated to aid the growth of the United Kingdom skincare market in the future five years. Demands for skin care products from all age population further substantiates the growth of the United Kingdom skincare market in the future years.
Rising Disposable Income Flourishes Market Growth
Growing demands for innovative and newly launched skin care products from all age sections of the population are anticipated to drive the growth of the United Kingdom skincare market in the upcoming five years. These demands are further facilitated by growing disposable income among the population. The young and adult population is highly influenced by social media. Growing internet penetration and adoption of smartphones even among the younger population and children will influence the growth of the United Kingdom skincare market in the next five years.
The increasing economy of the families, coupled with their tendencies to spend lavishly on their skin care and body care to enhance their beauty and keep their skin healthy, facilitates the growth of the United Kingdom skincare market in the forecast years through 2027.
Innovative & Organic Products Drive Market Growth
Market players, currently active in the industry are consistently investing their finances and resources in the development of the latest innovative skin care products that will enunciate the consumer and influence their purchase pattern. Demands for organic beauty products that are mild on the skin and provide the required effects with consistent usage thereby aiding the growth of the United Kingdom skincare market in the upcoming five years. Multiple market players are focusing on the consumer demands for cruelty-free and non-animal tested products that influence the growth of the United Kingdom skincare market in the future five years.
Market Segmentation
The United Kingdom skincare market is segmented by product type, origin, distribution channel, competitional landscape, and regional distribution. Based on product type, the market is differentiated between face care and body care. Face care includes BB/CC creams, anti-aging creams, face toners/mists, face moisturizers, and others. Body care includes hand cream, body lotions/body butter, and others. By origin, the market is also bifurcated between conventional and organic. Based on distribution channels, the market is fragmented into beauty parlors/ salons, multi-branded retail stores, online channels, supermarkets/ hypermarkets, exclusive retail stores, and others. The market analysis also studies the regional segmentation to devise regional market segmentation, divided among England, Scotland, Wales, and Northern Ireland.
Company Profile
Avon Cosmetics Limited, Beiersdorf UK Ltd., Estée Lauder Cosmetics Limited, L’Oréal (UK) Limited, P&G UK & Ireland, Unilever UK Limited, Amway (UK) Limited, Aveda United Kingdom, BABOR UK Ltd., AmorePacific, among others is a partial list of major market players of the companies responsible for the growth of United Kingdom skincare market.
Report Scope:
In this report, United Kingdom skincare market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
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