Cosmetic Skin Care Products Market Value Is Estimated to Reach USD 81.3 Bn By 2028, With 6.7% CAGR – Credence Research

The key players in the global cosmetic skin care products market in terms of value and volume include L’Oreal SA, The Estee Lauder Companies, Kao Corporation, Beiersdorf, Unilever, Procter & Gamble, Avon Products, Johnson & Johnson, and Natura & Co .

The latest market report published by Credence Research, Inc. “Global Cosmetic Skin Care Products Market: Growth, Future Prospects, and Competitive Analysis, 2016 – 2028”. The Global Cosmetic Skin Care Products Market generated revenue of around USD 55.1 Billion in 2021 and is anticipated to grow a CAGR of over 6.7% during the forecast period from 2022 to 2028 to reach around USD 81.3 Billion in 2028. While, cumulative growth opportunity presented by the global cosmetic skin care products is around USD 26.2 billion during 2022 to 2028.

The said research study covers an in-depth analysis of multiple market segments based on the type of products, age group, distribution channel, and different geographies. On the basis of age group, currently baby boomers are considered the key consumers of cosmetic skin care products but the trend has been observed to slightly shift towards millennials or generation Y due to increasing awareness associated with cosmetic wellbeing and easy access to modern technology-based cosmetic skin products. Overall, there is a change observed in beauty standards over the past decade and also the shifting preferences of consumers. The key factors driving the overall cosmetic skin care products market are rising demand for safe and effective cosmetic products, plant-based products are generating huge demand, increasing awareness associated with beauty wellbeing and an increasing geriatric population equipped with high disposable capital.

Throughout the forecast period, the improving quality of life, the positive effects of beauty and personal care on self-esteem and social connection, and the progressive consumer tendency toward premium and luxury cosmetic brands are all predicted to fuel market growth. Furthermore, the market’s growth is being accelerated by increased premiumization and consumers’ demand for more personalized solutions. In addition, consumers worldwide are gravitating toward organic personal care products as demand for organic ingredients grows, which is likely to drive market expansion throughout the study period.

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Cosmetic Skin Care Products Market Scope

The global cosmetic skin care products market is bifurcated into Type, Application, and Geography. Based on type, the market is categorized into skin moisturizers, skin cleansing lotions, skin facial masks, skin shaving creams, skin serums, and others. On the basis of application, the global market is segmented into Supermarkets and Grocery Retailers, Beauty Specialist Retail Outlets, Factory Outlets, and Online Sales. North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa are the geographical segments of the market .

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Why to Buy This Report-

• The research analyses the global cosmetic skin care products market by segmentation, current trends, drivers, constraints, opportunities, challenges, and market dynamics during a five-year period from 2016 to 2020, with a base year of 2021 and a forecast period of 2022 to 2028.
• The research includes information on the competitive landscape, such as how the market’s major competitors operate on a global, regional, and country level.
• In-depth analysis of the global market segmentation on the basis of type, and application.
• Major countries in each region with their import/export statistics
• The global cosmetic skin care products market also includes the global, regional, and country level analysis, key market trends, major players analysis, market growth strategies, and key application areas.

Table of Content

1. Preface

1.1. Report Description

1.1.1. Purpose of the Report

1.1.2. Target Audience

1.1.3. USP and Key Offerings

1.2. Research Scope

1.3. Research Methodology

1.3.1. Phase I – Secondary Research

1.3.2. Phase II – Primary Research

1.3.3. Phase III – Expert Panel Review

1.3.4. Approach Adopted

1.3.4.1. Top-Down Approach

1.3.4.2. Bottom-Up Approach

1.3.5. Assumptions

1.4. Market Segmentation

2. Executive Summary

2.1. Market Snapshot: Global Cosmetic Skin Care Products Market

3. Market Dynamics & Factors Analysis

3.1. Introduction

3.1.1. Global Cosmetic Skin Care Products Market Value, 2016-2028, (US$ Bn)

3.2. Market Dynamics

3.2.1. Key Growth Trends

3.2.2. Major Industry Challenges

3.2.3. Key Growth Pockets

3.3. Attractive Investment Proposition, 2021

3.3.1. Type

3.3.2. Application

3.3.3. Geography

3.4. Porter’s Five Forces Analysis

3.4.1. Threat of New Entrants

3.4.2. Bargaining Power of Buyers/Consumers

3.4.3. Bargaining Power of Suppliers

3.4.4. Threat of Substitute Types

3.4.5. Intensity of Competitive Rivalry

3.5. Value Chain Analysis

4. Market Positioning of Key Players, 2021

4.1. Company market share of key players, 2021

4.2. Top 6 Players

4.3. Top 3 Players

4.4. Major Strategies Adopted by Key Players

5. COVID 19 Impact Analysis

5.1. Global Cosmetic Skin Care Products Market Pre Vs Post COVID 19, 2019 – 2028

5.2. Impact on Import & Export

5.3. Impact on Demand & Supply

6. North America

6.1. North America Cosmetic Skin Care Products Market, by Country, 2016-2028(US$ Bn)

6.1.1. US

6.1.2. Canada

6.1.3. Mexico

6.2. North America Cosmetic Skin Care Products Market, by Type, 2016-2028(US$ Bn)

6.2.1. Overview

6.2.2. Skin Moisturizers

6.2.3. Skin Cleansing Lotions

6.2.4. Skin Facial Masks

6.2.5. Skin Shaving Creams

6.2.6. Skin Serums

6.2.7. Others

6.3. North America Cosmetic Skin Care Products Market, by Application, 2016-2028(US$ Bn)

6.3.1. Overview

6.3.2. Supermarkets and Grocery Retailers

6.3.3. Beauty Specialist Retail Outlets

6.3.4. Factory Outlets

6.3.5. Online

6.3.6. Others

7. Europe

…….

8. Asia Pacific

………….

9. Latin America

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10. Middle East

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11. Africa

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12. Global

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13. Company Profiles

13.1. L’Oreal SA

13.2. The Estee Lauder Companies

13.3. Kao Corporation

13.4. Beiersdorf

13.5. Unilever

13.6. Procter & Gamble

13.7. Avon Products

13.8. Johnson & Johnson

13.9. Natura & Co

13.10. The Estee Lauder Companies

13.11. Others

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List of Figures

FIG. 1 Global Cosmetic Skin Care Products Market: Research Methodology

FIG. 2 Market Size Estimation – Top Down & Bottom up Approach

FIG. 3 Global Cosmetic Skin Care Products Market Segmentation

FIG. 4 Global Cosmetic Skin Care Products Market, by Type, 2019 (US$ Bn)

FIG. 5 Global Cosmetic Skin Care Products Market, by Application, 2021 (US$ Bn)

FIG. 6 Global Cosmetic Skin Care Products Market, by Geography, 2021 (US$ Bn)

FIG. 7 Attractive Investment Proposition, by Geography, 2021

FIG. 8 Global Market Positioning of Key Cosmetic Skin Care Products Market Manufacturers, 2019

FIG. 9 Global Cosmetic Skin Care Products Market Value Contribution, By Type, 2021 & 2028 (Value %)

FIG. 10 Global Cosmetic Skin Care Products Market, by Skin Moisturizers, Value, 2016-2028 (US$ Bn)

FIG. 11 Global Cosmetic Skin Care Products Market, by Skin Cleansing Lotions, Value, 2016-2028 (US$ Bn)

FIG. 12 Global Cosmetic Skin Care Products Market, by Skin Facial Masks, Value, 2016-2028 (US$ Bn)

FIG. 13 Global Cosmetic Skin Care Products Market, by Others, Value, 2016-2028 (US$ Bn)

FIG. 14 Global Cosmetic Skin Care Products Market Value Contribution, By Application, 2021 & 2028 (Value %)

FIG. 15 Global Cosmetic Skin Care Products Market, by Supermarkets and Grocery Retailers, Value, 2016-2028 (US$ Bn)

FIG. 16 Global Cosmetic Skin Care Products Market, by Beauty Specialist Retail Outlets, Value, 2016-2028 (US$ Bn)

FIG. 17 Global Cosmetic Skin Care Products Market, by Factory Outlets , Value, 2016-2028 (US$ Bn)

FIG. 18 US Cosmetic Skin Care Products Market, 2016-2028 (US$ Bn)

FIG. 19 Rest of North America Cosmetic Skin Care Products Market, 2016-2028 (US$ Bn)

FIG. 20 UK Cosmetic Skin Care Products Market, 2016-2028 (US$ Bn)

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