Title: Skin Care Market Report 2024
1GLOBAL SKIN CARE MARKET REPORT 2024
Global,Regional,CountryAnalysis
2INTRODUCTION
Skincare is an essential part of facial
rejuvenation. It includes cosmeceutical and
topical products. Skincare products are used
often by the general population to preserve and
enhance the appearance of the face as well as
other parts of the body. Skincare products are
used to prevent premature aging, acne, dark
spots, and other issues with the skin as well as
help to maintain the natural skin texture.
Skincare products are becoming popular due to the
rising demand for personal care products such as
face masks, lotion, creams, moisturizers, and
toners. These products help to protect from
environmental dust, oil, and pollutants, and
conditioning the skin. The demand for natural and
organic skincare products has also increased as a
result of making this market a significant market
within the bigger beauty and wellness sector.
3KEY INSIGHTS
MARKET SIZE USD 130.4 billion
2022
FORECAST USD 192 billion
2030
CAGR 5.0
2023- 2030
4REVENUE MARKET SHARE BY SEGMENTS 2022
- Face Care
- Lip Care
- Body Care
Extraction Type
- Pharmacy
- Supermarkets
- Online
Distribution Channel
By Packaging
5Global Skin Care Market Revenue share for 2022
Asia-Pacific
6Rising awareness about skin care products
Drivers
The high cost of skin care products will hinder
the growth of the skincare market
Restraints
7AUTHOR'S PERSPECTIVE
- The Global Skin Care Market is witnessing
significant growth in the near future. - The Face Cares segment is the fastest growing in
the skincare market due to increasing popularity
globally, as people are becoming more conscious
of their physical appearance along with being
more concerned about skin disorders, acne, and
others. - Supermarkets and hypermarkets dominate the
largest share of the skincare market due to
Increased consumer choice, affordable prices, and
prominent displays of well-known international
brands making these establishments the best
places to do business with all different types of
customers. - In 2023, the Face Care segment accounted for
noticeable share of global Skin Care Market and
is projected to experience significant growth in
the near future. - The Pharmacy segment is expected to expand at the
significant CAGR retaining position throughout
the forecast period.
8KEY PLAYERS
9For Full Report
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