Global Cosmetic Skin Care Market was valued US$136.8 Bn in 2017 and is estimated to reach US$220.1 Bn by 2026, at a CAGR of 6.12% during a forecast period.
Cosmetic skin care market is segmented into type, mode of sales, product, distribution channel, and region. Further type segment cosmetic skin care market is classified into facial care, body care, and hand & feet care. In terms of mode of sales, the cosmetic skin care market is categorized into an online, and offline sale.
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Based on product, cosmetic skin care market is split into moisturizers, cleansing lotions, facial masks, shaving creams, serums, exfoliators, anti-aging creams, toners, eye creams, and sun care products. Based on the distribution channel, cosmetic skin care market is classified into online sales, standalone retail outlets, factory outlet, and supermarkets. Based on regions, the global eye and face protection market is divided into five main regions: America, Europe, Asia-pacific, Latin America and Middle East & Africa.
Major driving factors of the cosmetic skin care market are a change in consumer lifestyle, rising in disposable income, increasing spending on personal care. The restraints in the global cosmetic skin care market contain probable side effects of chemical-based products, lack of awareness about skin care to hamper market growth. Opportunities in the global cosmetic skin care market are increasing trend towards natural products, rising research and development activities to develop new skin care products.
Supermarket and factory outlets held major revenue share in cosmetic skin care market due to growing demand for highly accessible and authentic source of cosmetic products and increased awareness about skin care.
Anti-aging creams held major revenue share in the global cosmetic skincare market throughout the forecast period due to growing awareness levels among old as well as young generation regarding anti-aging solutions.
North America dominates the cosmetic skin care market due to increased demand for premium skin care products significantly. Europe is the second largest regional market.
Major market players dominating the global cosmetic skin care market are L’Oreal S.A., Unilever PLC, Procter & Gamble, Beiersdorf AG, Avon Products Inc., The Estee Lauder Companies Inc., Johnson & Johnson, Kao Corporation, The Body Shop International PLC., Shiseido Company, Limited, THALGO COSMETIC GmbH, Natura Bissé International, S.A., The Aromatherapy Company, ESPA International Ltd., Pevonia Global, Éminence Organic Skin Care, Shiffa Dubai Skin Care Cosmetics LLC, Ascendis.co.za., Guinot S.A., SkinMedica Inc., Laboratories IPRAD, and Obagi Medical Products, Inc.
Scope of Global Cosmetic Skin Care Market:
Global Cosmetic Skin Care Market, by Type:
• Facial Care
• Body Care
• Hand & Feet Care
Global Cosmetic Skin Care Market, by Mode of Sales:
Global Cosmetic Skin Care Market, by Product:
• Cleansing Lotions
• Facial Masks
• Shaving Creams
• Anti-aging Creams
• Eye Creams
• Sun Care Products
Global Cosmetic Skin Care Market by Distribution Channel:
• Online Sales
• Standalone Retail Outlets
• Factory Outlet
Global Cosmetic Skin Care Market, by Region
• North America
• Middle East and Africa
• Asia Pacific
• Latin America
Key players operated in Global Cosmetic Skin Care Market:
• L’Oreal S.A.
• Unilever PLC
• Procter & Gamble
• Beiersdorf AG
• Avon Products Inc.
Report Published by: Maximize Market Research
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