Amid the COVID-19 crisis and the looming economic recession, the Skin Lighteners market worldwide will grow by a projected US$3.7 Billion, during the analysis period
NEW YORK, May 28, 2020 /PRNewswire/ --
Amid the COVID-19 crisis and the looming economic recession, the Skin Lighteners market worldwide will grow by a projected US$3.7 Billion, during the analysis period, driven by a revised compounded annual growth rate (CAGR) of 5.2%. Creams, one of the segments analyzed and sized in this study, is forecast to grow at over 5.3% and reach a market size of US$6.6 Billion by the end of the analysis period. An unusual period in history, the coronavirus pandemic has unleashed a series of unprecedented events affecting every industry. The Creams market will be reset to a new normal which going forwards in a post COVID-19 era will be continuously redefined and redesigned. Staying on top of trends and accurate analysis is paramount now more than ever to manage uncertainty, change and continuously adapt to new and evolving market conditions.
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As part of the new emerging geographic scenario, the United States is forecast to readjust to a 4.2% CAGR. Within Europe, the region worst hit by the pandemic, Germany will add over US$110.8 Million to the region's size over the next 7 to 8 years. In addition, over US$109.8 Million worth of projected demand in the region will come from Rest of European markets. In Japan, the Creams segment will reach a market size of US$322.7 Million by the close of the analysis period. Blamed for the pandemic, significant political and economic challenges confront China. Amid the growing push for decoupling and economic distancing, the changing relationship between China and the rest of the world will influence competition and opportunities in the Skin Lighteners market. Against this backdrop and the changing geopolitical, business and consumer sentiments, the world's second largest economy will grow at 8.8% over the next couple of years and add approximately US$993.5 Million in terms of addressable market opportunity. Continuous monitoring for emerging signs of a possible new world order post-COVID-19 crisis is a must for aspiring businesses and their astute leaders seeking to find success in the now changing Skin Lighteners market landscape. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.
Competitors identified in this market include, among others, Beiersdorf AG; CavinKare Pvt. Ltd.; Emami Limited; Hindustan Unilever Ltd.; Jolen Inc.; Kanebo Cosmetics Inc.; Shiseido Company Limited; The Procter & Gamble Company
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SKIN LIGHTENERS MCP-6
MARKET ANALYSIS, TRENDS, AND FORECASTS, JUNE 2
CONTENTS
I. INTRODUCTION, METHODOLOGY & REPORT SCOPE
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
Skin Lightening - A Pervasive Practice Recent Market Activity Current & Future Analysis Culture & Ethnicity Shape the Skin Lighteners Landscape Skin Lighteners Dominate the Asian Skin Care Market Competition Global Competitor Market Shares Skin Lighteners Competitor Market Share Scenario Worldwide (in %): 2020 & 2029 Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
Beiersdorf AG (Germany) CavinKare Pvt. Ltd. (India) Clarins SA (France) Dabur India Limited (India) E.T. Browne Drug Company, Inc. (USA) Emami Limited (India) Hindustan Unilever Ltd (India) Jolen, Inc. (USA) Kao Corporation (Japan) Kanebo Cosmetics, Inc. (Japan) Shiseido Company Limited (Japan) The Procter & Gamble Company (USA)
3. MARKET TRENDS & DRIVERS
Manufacturers Seek New Growth Avenues in Developed Markets Total Body Whitening Products - Potential Area of Growth Women No Longer the Only Target Market New Breed of "Metrosexuals" Spur Growth Skin Lightening Injections - A Shocking Craze Anti-Aging Companies Shift Focus to Skin Lighteners Segment Online Sales Register Strong Growth Demand for Innovative Ingredients on Rise Combination of Ingredients Provide Better Results Natural Skin Lightening Ingredients - The Way Ahead Lax Regulations, Unsafe Ingredients - Major Areas of Concern Common Skin Lightening Ingredients by Mechanism of Skin Pigmentation Prevention
4. GLOBAL MARKET PERSPECTIVE
Table 1: Skin Lighteners Global Market Estimates and Forecasts in US$ Million by Region/Country: 2020-2027 Table 2: Skin Lighteners Global Retrospective Market Scenario in US$ Million by Region/Country: 2012-2019 Table 3: Skin Lighteners Market Share Shift across Key Geographies Worldwide: 2012 VS 2020 VS 2027 Table 4: Creams (Product Type) World Market by Region/Country in US$ Million: 2020 to 2027 Table 5: Creams (Product Type) Historic Market Analysis by Region/Country in US$ Million: 2012 to 2019 Table 6: Creams (Product Type) Market Share Breakdown of Worldwide Sales by Region/Country: 2012 VS 2020 VS 2027 Table 7: Cleanser (Product Type) Potential Growth Markets Worldwide in US$ Million: 2020 to 2027 Table 8: Cleanser (Product Type) Historic Market Perspective by Region/Country in US$ Million: 2012 to 2019 Table 9: Cleanser (Product Type) Market Sales Breakdown by Region/Country in Percentage: 2012 VS 2020 VS 2027 Table 10: Mask (Product Type) Geographic Market Spread Worldwide in US$ Million: 2020 to 2027 Table 11: Mask (Product Type) Region Wise Breakdown of Global Historic Demand in US$ Million: 2012 to 2019 Table 12: Mask (Product Type) Market Share Distribution in Percentage by Region/Country: 2012 VS 2020 VS 2027 Table 13: Other Product Types (Product Type) World Market Estimates and Forecasts by Region/Country in US$ Million: 2
to 2027 Table 14: Other Product Types (Product Type) Market Historic Review by Region/Country in US$ Million: 2012 to 2019 Table 15: Other Product Types (Product Type) Market Share Breakdown by Region/Country: 2012 VS 2020 VS 2027
III. MARKET ANALYSIS
GEOGRAPHIC MARKET ANALYSIS UNITED STATES Market Facts & Figures US Skin Lighteners Market Share (in %) by Company: 2020 & 2025 Market Analytics Table 16: United States Skin Lighteners Market Estimates and Projections in US$ Million by Product Type: 2020 to 2027 Table 17: Skin Lighteners Market in the United States by Product Type: A Historic Review in US$ Million for 2012-2019 Table 18: United States Skin Lighteners Market Share Breakdown by Product Type: 2012 VS 2020 VS 2027 CANADA Table 19: Canadian Skin Lighteners Market Estimates and Forecasts in US$ Million by Product Type: 2020 to 2027 Table 20: Canadian Skin Lighteners Historic Market Review by Product Type in US$ Million: 2012-2019 Table 21: Skin Lighteners Market in Canada: Percentage Share Breakdown of Sales by Product Type for 2012, 2020, and 2027 JAPAN Table 22: Japanese Market for Skin Lighteners: Annual Sales Estimates and Projections in US$ Million by Product Type for the Period 2020-2027 Table 23: Skin Lighteners Market in Japan: Historic Sales Analysis in US$ Million by Product Type for the Period 2012-2019 Table 24: Japanese Skin Lighteners Market Share Analysis by Product Type: 2012 VS 2020 VS 2027 CHINA Table 25: Chinese Skin Lighteners Market Growth Prospects in US$ Million by Product Type for the Period 2020-2027 Table 26: Skin Lighteners Historic Market Analysis in China in US$ Million by Product Type: 2012-2019 Table 27: Chinese Skin Lighteners Market by Product Type: Percentage Breakdown of Sales for 2012, 2020, and 2027 EUROPE Market Facts & Figures European Skin Lighteners Market: Competitor Market Share Scenario (in %) for 2020 & 2025 Market Analytics Table 28: European Skin Lighteners Market Demand Scenario in US$ Million by Region/Country: 2020-2027 Table 29: Skin Lighteners Market in Europe: A Historic Market Perspective in US$ Million by Region/Country for the Period 2012-2019 Table 30: European Skin Lighteners Market Share Shift by Region/Country: 2012 VS 2020 VS 2027 Table 31: European Skin Lighteners Market Estimates and Forecasts in US$ Million by Product Type: 2020-2027 Table 32: Skin Lighteners Market in Europe in US$ Million by Product Type: A Historic Review for the Period 2012-2019 Table 33: European Skin Lighteners Market Share Breakdown by Product Type: 2012 VS 2020 VS 2027 FRANCE Table 34: Skin Lighteners Market in France by Product Type: Estimates and Projections in US$ Million for the Period 2020-2027 Table 35: French Skin Lighteners Historic Market Scenario in US$ Million by Product Type: 2012-2019 Table 36: French Skin Lighteners Market Share Analysis by Product Type: 2012 VS 2020 VS 2027 GERMANY Table 37: Skin Lighteners Market in Germany: Recent Past, Current and Future Analysis in US$ Million by Product Type for the Period 2020-2027 Table 38: German Skin Lighteners Historic Market Analysis in US$ Million by Product Type: 2012-2019 Table 39: German Skin Lighteners Market Share Breakdown by Product Type: 2012 VS 2020 VS 2027 ITALY Table 40: Italian Skin Lighteners Market Growth Prospects in US$ Million by Product Type for the Period 2020-2027 Table 41: Skin Lighteners Historic Market Analysis in Italy in US$ Million by Product Type: 2012-2019 Table 42: Italian Skin Lighteners Market by Product Type: Percentage Breakdown of Sales for 2012, 2020, and 2027 UNITED KINGDOM Table 43: United Kingdom Market for Skin Lighteners: Annual Sales Estimates and Projections in US$ Million by Product Type for the Period 2020-2027 Table 44: Skin Lighteners Market in the United Kingdom: Historic Sales Analysis in US$ Million by Product Type for the Period 2012-2019 Table 45: United Kingdom Skin Lighteners Market Share Analysis by Product Type: 2012 VS 2020 VS 2027 SPAIN Table 46: Spanish Skin Lighteners Market Estimates and Forecasts in US$ Million by Product Type: 2020 to 2027 Table 47: Spanish Skin Lighteners Historic Market Review by Product Type in US$ Million: 2012-2019 Table 48: Skin Lighteners Market in Spain: Percentage Share Breakdown of Sales by Product Type for 2012, 2020, and 2027 RUSSIA Table 49: Russian Skin Lighteners Market Estimates and Projections in US$ Million by Product Type: 2020 to 2027 Table 50: Skin Lighteners Market in Russia by Product Type: A Historic Review in US$ Million for 2012-2019 Table 51: Russian Skin Lighteners Market Share Breakdown by Product Type: 2012 VS 2020 VS 2027 REST OF EUROPE Table 52: Rest of Europe Skin Lighteners Market Estimates and Forecasts in US$ Million by Product Type: 2020-2027 Table 53: Skin Lighteners Market in Rest of Europe in US$ Million by Product Type: A Historic Review for the Period 2012-2019 Table 54: Rest of Europe Skin Lighteners Market Share Breakdown by Product Type: 2012 VS 2020 VS 2027 ASIA-PACIFIC Table 55: Asia-Pacific Skin Lighteners Market Estimates and Forecasts in US$ Million by Region/Country: 2020-2027 Table 56: Skin Lighteners Market in Asia-Pacific: Historic Market Analysis in US$ Million by Region/Country for the Period 2012-2019 Table 57: Asia-Pacific Skin Lighteners Market Share Analysis by Region/Country: 2012 VS 2020 VS 2027 Table 58: Skin Lighteners Market in Asia-Pacific by Product Type: Estimates and Projections in US$ Million for the Period 2020-2027 Table 59: Asia-Pacific Skin Lighteners Historic Market Scenario in US$ Million by Product Type: 2012-2019 Table 60: Asia-Pacific Skin Lighteners Market Share Analysis by Product Type: 2012 VS 2020 VS 2027 AUSTRALIA Table 61: Skin Lighteners Market in Australia: Recent Past, Current and Future Analysis in US$ Million by Product Type for the Period 2020-2027 Table 62: Australian Skin Lighteners Historic Market Analysis in US$ Million by Product Type: 2012-2019 Table 63: Australian Skin Lighteners Market Share Breakdown by Product Type: 2012 VS 2020 VS 2027 INDIA Table 64: Indian Skin Lighteners Market Estimates and Forecasts in US$ Million by Product Type: 2020 to 2027 Table 65: Indian Skin Lighteners Historic Market Review by Product Type in US$ Million: 2012-2019 Table 66: Skin Lighteners Market in India: Percentage Share Breakdown of Sales by Product Type for 2012, 2020, and 2027 SOUTH KOREA Table 67: Skin Lighteners Market in South Korea: Recent Past, Current and Future Analysis in US$ Million by Product Type for the Period 2020-2027 Table 68: South Korean Skin Lighteners Historic Market Analysis in US$ Million by Product Type: 2012-2019 Table 69: Skin Lighteners Market Share Distribution in South Korea by Product Type: 2012 VS 2020 VS 2027 REST OF ASIA-PACIFIC Table 70: Rest of Asia-Pacific Market for Skin Lighteners: Annual Sales Estimates and Projections in US$ Million by Product Type for the Period 2020-2027 Table 71: Skin Lighteners Market in Rest of Asia-Pacific: Historic Sales Analysis in US$ Million by Product Type for the Period 2012-2019 Table 72: Rest of Asia-Pacific Skin Lighteners Market Share Analysis by Product Type: 2012 VS 2020 VS 2027 LATIN AMERICA Table 73: Latin American Skin Lighteners Market Trends by Region/Country in US$ Million: 2020-2027 Table 74: Skin Lighteners Market in Latin America in US$ Million by Region/Country: A Historic Perspective for the Period 2012-2019 Table 75: Latin American Skin Lighteners Market Percentage Breakdown of Sales by Region/Country: 2012, 2020, and 2027 Table 76: Latin American Skin Lighteners Market Growth Prospects in US$ Million by Product Type for the Period 2020-2027 Table 77: Skin Lighteners Historic Market Analysis in Latin America in US$ Million by Product Type: 2012-2019 Table 78: Latin American Skin Lighteners Marketby Product Type: Percentage Breakdown of Sales for 2012, 2020, and 2027 ARGENTINA Table 79: Argentinean Skin Lighteners Market Estimates and Forecasts in US$ Million by Product Type: 2020-2027 Table 80: Skin Lighteners Market in Argentina in US$ Million by Product Type: A Historic Review for the Period 2012-2019 Table 81: Argentinean Skin Lighteners Market Share Breakdown by Product Type: 2012 VS 2020 VS 2027 BRAZIL Table 82: Skin Lighteners Market in Brazil by Product Type: Estimates and Projections in US$ Million for the Period 2020-2027 Table 83: Brazilian Skin Lighteners Historic Market Scenario in US$ Million by Product Type: 2012-2019 Table 84: Brazilian Skin Lighteners Market Share Analysis by Product Type: 2012 VS 2020 VS 2027 MEXICO Table 85: Skin Lighteners Market in Mexico: Recent Past, Current and Future Analysis in US$ Million by Product Type for the Period 2020-2027 Table 86: Mexican Skin Lighteners Historic Market Analysis in US$ Million by Product Type: 2012-2019 Table 87: Mexican Skin Lighteners Market Share Breakdown by Product Type: 2012 VS 2020 VS 2027 REST OF LATIN AMERICA Table 88: Rest of Latin America Skin Lighteners Market Estimates and Projections in US$ Million by Product Type: 2
to 2027 Table 89: Skin Lighteners Market in Rest of Latin America by Product Type: A Historic Review in US$ Million for 2012-2019 Table 90: Rest of Latin America Skin Lighteners Market Share Breakdown by Product Type: 2012 VS 2020 VS 2027 MIDDLE EAST Table 91: The Middle East Skin Lighteners Market Estimates and Forecasts in US$ Million by Region/Country: 2020-2027 Table 92: Skin Lighteners Market in the Middle East by Region/Country in US$ Million: 2012-2019 Table 93: The Middle East Skin Lighteners Market Share Breakdown by Region/Country: 2012, 2020, and 2027 Table 94: The Middle East Skin Lighteners Market Estimates and Forecasts in US$ Million by Product Type: 2020 to 2027 Table 95: The Middle East Skin Lighteners Historic Marketby Product Type in US$ Million: 2012-2019 Table 96: Skin Lighteners Market in the Middle East: Percentage Share Breakdown of Salesby Product Type for 2012,2020, and 2027 IRAN Table 97: Iranian Market for Skin Lighteners: Annual Sales Estimates and Projections in US$ Million by Product Type for the Period 2020-2027 Table 98: Skin Lighteners Market in Iran: Historic Sales Analysis in US$ Million by Product Type for the Period 2012-2019 Table 99: Iranian Skin Lighteners Market Share Analysis by Product Type: 2012 VS 2020 VS 2027 ISRAEL Table 100: Israeli Skin Lighteners Market Estimates and Forecasts in US$ Million by Product Type: 2020-2027 Table 101: Skin Lighteners Market in Israel in US$ Million by Product Type: A Historic Review for the Period 2012-2019 Table 102: Israeli Skin Lighteners Market Share Breakdown by Product Type: 2012 VS 2020 VS 2027 SAUDI ARABIA Table 103: Saudi Arabian Skin Lighteners Market Growth Prospects in US$ Million by Product Type for the Period 2020-2027 Table 104: Skin Lighteners Historic Market Analysis in Saudi Arabia in US$ Million by Product Type: 2012-2019 Table 105: Saudi Arabian Skin Lighteners Market by Product Type: Percentage Breakdown of Sales for 2012, 2020, and 2027 UNITED ARAB EMIRATES Table 106: Skin Lighteners Market in the United Arab Emirates: Recent Past, Current and Future Analysis in US$ Million by Product Type for the Period 2020-2027 Table 107: United Arab Emirates Skin Lighteners Historic Market Analysis in US$ Million by Product Type: 2012-2019 Table 108: Skin Lighteners Market Share Distribution in United Arab Emirates by Product Type: 2012 VS 2020 VS 2027 REST OF MIDDLE EAST Table 109: Skin Lighteners Market in Rest of Middle East: Recent Past, Current and Future Analysis in US$ Million by Product Type for the Period 2020-2027 Table 110: Rest of Middle East Skin Lighteners Historic Market Analysis in US$ Million by Product Type: 2012-2019 Table 111: Rest of Middle East Skin Lighteners Market Share Breakdown by Product Type: 2012 VS 2020 VS 2027 AFRICA Table 112: African Skin Lighteners Market Estimates and Projections in US$ Million by Product Type: 2020 to 2027 Table 113: Skin Lighteners Market in Africa by Product Type: A Historic Review in US$ Million for 2012-2019 Table 114: African Skin Lighteners Market Share Breakdown by Product Type: 2012 VS 2020 VS 2027
IV. COMPETITION
Total Companies Profiled: 100
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