Consumer & Luxury Goods Market Research News

New report shares details about the skin care products market that is anticipated to grow at a CAGR of 4.7% from 2016 – 2022, to attain market size of $179 billion by 2022

Skin care products are used to enhance the skin to make it healthy, smooth and glowing. These products comprise a wide gamut of face, hand and body skin care creams and lotions ranging from daily moisturizing lotion, sunscreens, sun skin brightening, and skin tightening to anti-ageing creams.

Changing lifestyle, increasing disposable income and rapid urbanization are driving the skin care market growth. Moreover, the growing need and awareness of skin care owing to the constantly changing climatic conditions, further supplement the demand for skin care products, globally.

However, limited shelf life of the skin care products and high price of natural and organic ingredients used in products are likely to hinder the market growth. New product innovation and increasing investment by private investors and government in emerging countries supports substantial growth in world skin care product market.

Full Report:

The market is segmented based on product type and geography. Based on the product type, market is further bifurcated into face cream and body lotion.

Face cream segment includes skin brightening cream, anti-aging cream, and sun protection. Body lotion segment includes mass market body care lotion and premium body care lotion.

Geographically, the market is segmented into North America, Europe, Asia-Pacific, and LAMEA are covered under the scope of the report.

The key players operating in the global skin care product market are Johnson & Johnson, The Estee Lauder Companies Inc., Unilever PLC, Avon Products Inc., L'Oréal S.A., Kao Corporation, Colgate-Palmolive Company, Shiseido Company, Beiersdorf AG, and Procter & Gamble.

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Key Market Segments:

By Type

  • Face Cream
  • Skin Brightening Cream
  • Anti-Aging Cream
  • Sun Protection
  • Body Lotion
  • Mass Market Body Care Lotion
  • Premium Body Care Lotion

By Geography

  • North America
  • U.S.
  • Canada
  • Mexico
  • Europe
  • U.K.
  • Germany
  • France
  • Italy
  • Rest of Europe
  • Asia-Pacific
  • China
  • Japan
  • India
  • Rest of Asia-Pacific
  • Latin America
  • Middle East
  • Africa

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Key Players

  • Johnson & Johnson Private Limited
  • The Estée Lauder Companies Inc.
  • Unilever PLC
  • Avon Products Inc.
  • L'Oréal S.A.
  • Kao Corporation
  • Colgate-Palmolive Company
  • Shiseido Company
  • Beiersdorf AG
  • Procter & Gamble Co.

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