The Skin Care Products Market was worth USD 163.25 million in 2021 and isanticipated to reach USD 247.51 million by 2029, growing at a CAGRof 5.10% from 2022 to 2029.
The Data BridgeMarket Research team's in-depth expert research, import/export analysis, price
analysis, production consumption analysis, and consumer behaviour are all
included in the market study.
The replacement ofageing skin cells on a regular basis has been done by individuals all over the
world using skin care products. These creams are renowned for preventing
wrinkles, age spots, and fine lines while preserving the health of the skin.
Global Skin Care Products Market Definition
Skin care productsrefer to the type of products that are utilized for improving and maintaining
the appearance of human skin. Wide range of products are available for the
consumers, including toners, oils and serums, cleansers, body lotions, and
creams with beta-hydroxy acids, retinol and alpha-hydroxy acids as some of
their key ingredients.
Skin Care Products Market Dynamics
This section dealswith understanding the market drivers, advantages, opportunities, restraints
and challenges. All of this is discussed in detail as below:
Drivers
Expansion of E-Commerce Sector
The rapid expansionof the e-commerce sector due to the growing urbanization acts as one of the
major factors driving the growth of skin care products market.
Demand for Various Products
The increase in thedemand for various products, such as face creams, sunscreens, and body lotions
owing to the rise in beauty consciousness among population accelerate the
market growth.
Opportunities
Furthermore, rise inthe trend of natural ingredient-based skincare products extend
profitable opportunities to the market players in the forecast period of 2022
to 2029. Also, surge in investments in the research and development of products
will further expand the market.
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Global Skin Care Products Market Scope and MarketSize
Type
- Facial Care
- Lip Care
Distribution Channel
- Specialist Retail Stores
- Supermarkets/Hypermarkets
- Convenience Stores
- Other Distribution Channels
End User
- Male
- Female
- Unisex
Skin Care Products Market Regional Analysis/Insights
The countriescovered in the skin care products market report are U.S., Canada and Mexico in
North America, Germany, France, U.K., Netherlands, Switzerland, Belgium,
Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India,
South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines,
Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E,
Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of
Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as
part of South America.
Asia-Pacificdominates the skin care products market because of the expansion of the
chemical industry and favourable regulatory support within the region.
North America is expectedto witness significant growth during the forecast period of 2022 to 2029
because of the rise in the consumer demand for specific skincare solutions in
the region.
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Research Methodology : Global Skin Care ProductsMarket
Data collection andbase year analysis is done using data collection modules with large sample
sizes. The market data is analyzed and estimated using market statistical and
coherent models. Also market share analysis and key trend analysis are the
major success factors in the market report. To know more please request an
analyst call or can drop down your enquiry.
The key researchmethodology used by DBMR research team is data triangulation which involves
data mining, analysis of the impact of data variables on the market, and
primary (industry expert) validation. Apart from this, data models include
Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide,
Company Positioning Grid, Company Market Share Analysis, Standards of
Measurement, Global versus Regional and Vendor Share Analysis.
