Meticulous Research® Forecasts Skin Care Products Market by Type (Facial, Lip, Body), Product (Cream, Lotion, Powder, Moisturizer, Toner), User Group (Male, Female, Unisex), Price Category (Mass, Premium), Distribution Channel (Supermarket, Retail, Online) – Global Forecast to 2030
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In its latest report, Meticulous Research® projects the skin care products market to grow to $199.42 billion by 2030, at a CAGR of 5.2% from 2024 to 2030. Increased demand for anti-aging products, heightened consumer awareness of grooming, and growing adoption of organic skincare products are the key factors driving this growth.
Key Players
Prominent market players include L'Oréal S.A. (France), Johnson & Johnson, Inc. (U.S.), Unilever PLC (U.K.), Revlon, Inc. (U.S.), Avon Products, Inc. (U.S.), Colgate-Palmolive Company (U.S.), Shiseido Co., Ltd. (Japan), The Procter & Gamble Company (U.S.), Oriflame Holding Limited (Switzerland), Estee Lauder Companies, Inc. (U.S.), Beiersdorf AG (Germany), Coty Inc. (U.S.), Kao Corporation (Japan), Amorepacific Corporation (South Korea), and Caudalie (France).
The report segments the market by type (facial, lip, body), product categories (creams, lotions, moisturizers), and packaging type (tubes, bottles, jars). Distribution channels include supermarkets, retail stores, and online platforms.
By 2024, facial care products will lead the market, with creams being the most sought-after product due to their skin-repairing properties. The chemical composition segment will hold the largest market share, while the trend for natural products continues to gain momentum.
Supermarkets will remain the dominant distribution channel, offering a wide variety of choices. Mass-market products will capture the largest share in the pricing category, with female consumers driving the demand for organic products.
Geographic Overview
North America will hold the largest market share in 2024, followed by Europe and Asia-Pacific, driven by higher disposable incomes and increased interest in skincare products.
To gain more insights into the market with a detailed table of content and figures, click here: https://www.meticulousresearch.com/product/skin-care-products-market-5617
Key questions answered in the report-
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Which are the high-growth market segments in terms of product, type, composition, packaging type, distribution channel, price category, user group, and geography?
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What was the historical market for skin care products across the globe?
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What are the market forecasts and estimates for the period 2024–2030?
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What are the major drivers, restraints, opportunities, and challenges in the skin care products market?
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Who are the major players in the skin care products market?
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What is the competitive landscape like, and who are the market leaders in the skin care products market?
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What are the recent developments in the global skin care products market?
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What are the different strategies adopted by the major players in the global skin care products market?
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What are the geographical trends and high-growth regions/countries?
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