Cosmetic skin care market size to grow by USD 79.37 billion from 2022 to 2027: Growth Driven by the presence of premium brands - Technavio

NEW YORK, Jan. 12, 2023 /PRNewswire/ -- The cosmetic skin care market is forecasted to grow by USD 79.37 billion from 2022 to 2027. Moreover, the growth momentum will accelerate at a CAGR of 8.72% during the forecast period, according to Technavio. Amorepacific Group Inc., Beiersdorf AG, CHANEL Ltd., CLAMAR Cosmetics Inc., Colgate Palmolive Co., Gayatri Herbals Pvt. Ltd., Groupe Clarins, Johnson & Johnson, Kao Corp., LOreal SA, LVMH Moet Hennessy Louis Vuitton SE, Natura & Co Holding SA, Nutriglow Cosmetics Pvt. Ltd., Oriflame Holding AG, Revlon Inc., Shiseido Co. Ltd., The Body Shop International Ltd., The Estee Lauder Co. Inc., The Procter and Gamble Co., and Unilever PLC are some of the major market participants. To know about the vendor offerings, request a sample report.

Cosmetic skin care market 2023-2027: Segmentation highlights

• The cosmetic skin care market share growth by the facial skincare products segment will be significant. Face skin care products are used to nourish, moisturize, and give the skin a smooth, spotless appearance. The aging of the population and improvements in the technology used to make face skin care products are key factors influencing the growth of the facial skin care products market. In order to boost the facial skin's natural regeneration process and enhance the complexion and appearance of the skin, a number of vendors in the global cosmetic skin care products market offer premium face skin care products. As a result, high-profile makeup artists and fashion-conscious consumers are anticipated to increase demand for cosmetic skin care products throughout the forecast period.
• 51% of the market's growth will account from APAC during the forecast period. Several companies in this region offer cosmetic skincare, which has resulted in the potential growth of the market. Due to Asian women's preference for lighter skin tones, people in the region are increasingly choosing cosmetic skin care items like skin-lightening creams and skin-brightening lotion. With the use of eye-catching packaging and commercials that highlight the positive effects of their products, many businesses are focusing on promotional activities to draw in clients. Such factors are expected to boost the market growth

The competitive scenario categorizes companies based on various performance indicators. Some of the factors considered include the financial performance of companies, growth strategies, product innovations, new product launches, investments, growth in market share, among others, Buy the Report.

Cosmetic skin care market 2023-2027: Scope

The cosmetic skin care market report also covers the following areas:

• Porter's five forces analysis
• Customer landscape
• Market trends

Cosmetic skin care market 2023-2027: Drivers & challenges

The presence of premium brands will fuel the growth of the cosmetic skin care market. Wealthy customers are willing to conduct online research on luxury and premium brands to refresh and improve their understanding of skin care. As a result, these affluent customers are pushing premium skincare companies to improve their online presence and credibility in order to capture a bigger market. Premium brand growth is also fueled by internationalization due to the increasing number of foreign visitors visiting the US and purchasing products from them.  During the projected period, these elements will fuel market growth. 

However, stringent regulation is the major challenge likely to hamper the growth of the cosmetic skin care market during the forecast period. Government regulations and permits are required for cosmetic skin care products in order to prevent health issues. Cosmetic skin care product manufacturers are required to assure the safety of their products and carry out essential tests to check the quality of their ingredients and final products. As a result, rigorous laws governing the approval and marketing of cosmetic skin care products make their production labor-intensive and cause manufacturers' launches to be delayed, impeding market growth. Such factors will affect the market growth during the forecast period.

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Cosmetic skin care market 2023-2027: Segmentation analysis

• Product Outlook (USD Billion, 2017 - 2027) 
• Face skincare products
• Body skincare products
• Others

• Distribution Channel Outlook (USD Billion, 2017 - 2027) 
• Offline
• Online

• Region Outlook (USD Billion, 2017 - 2027) 
• North America 
• The U.S.
• Canada
• Europe 
• The U.K.
• Germany
• France
• Rest of Europe
• APAC 
• China
• India
• Middle East & Africa 
• Saudi Arabia
• South Africa
• Rest of the Middle East & Africa
• South America 
• Chile
• Brazil
• Argentina

Cosmetic skin care market 2023-2027: Key highlights

What are the key data covered in this cosmetic skin care market report?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the growth of the cosmetic skin care market between 2023 and 2027
• Precise estimation of the size of the cosmetic skin care market and its contribution to the parent market
• Accurate predictions about upcoming trends and changes in consumer behavior
• Growth of the cosmetic skin care market across APAC, Europe, North America, Middle East and Africa, and South America.
• Thorough analysis of the market's competitive landscape and detailed information about vendors
• Comprehensive analysis of factors that will challenge the growth of cosmetic skin care market vendors

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Table Of Contents :

1 Executive Summary

• 1.1 Market overview 
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
• Exhibit 06: Executive Summary – Chart on Market Segmentation by Distribution Channel
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem 
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition 
• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 13: Market segments

• 3.3 Market size 2022

• 3.4 Market outlook: Forecast for 2022-2027 
• Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ billion)
• Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ billion)
• Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
• Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Global cosmetic skin care market 2017 - 2021
• Exhibit 18: Historic Market Size – Data Table on Global cosmetic skin care market 2017 - 2021 ($ billion)

• 4.2 Product Segment Analysis 2017 - 2021 
• Exhibit 19: Historic Market Size – Product Segment 2017 - 2021 ($ billion)

• 4.3 Distribution channel Segment Analysis 2017 - 2021
• Exhibit 20: Historic Market Size – Distribution channel Segment 2017 - 2021 ($ billion)

• 4.4 Geography Segment Analysis 2017 - 2021 
• Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ billion)

• 4.5 Country Segment Analysis 2017 - 2021 
• Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ billion)

5 Five Forces Analysis

• 5.1 Five forces summary 
• Exhibit 23: Five forces analysis - Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry 
• Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition 
• Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Product

• 6.1 Market segments 
• Exhibit 30: Chart on Product - Market share 2022-2027 (%)
• Exhibit 31: Data Table on Product - Market share 2022-2027 (%)

• 6.2 Comparison by Product 
• Exhibit 32: Chart on Comparison by Product
• Exhibit 33: Data Table on Comparison by Product

• 6.3 Face skincare products - Market size and forecast 2022-2027 
• Exhibit 34: Chart on Face skincare products - Market size and forecast 2022-2027 ($ billion)
• Exhibit 35: Data Table on Face skincare products - Market size and forecast 2022-2027 ($ billion)
• Exhibit 36: Chart on Face skincare products - Year-over-year growth 2022-2027 (%)
• Exhibit 37: Data Table on Face skincare products - Year-over-year growth 2022-2027 (%)

• 6.4 Body skincare products - Market size and forecast 2022-2027 
• Exhibit 38: Chart on Body skincare products - Market size and forecast 2022-2027 ($ billion)
• Exhibit 39: Data Table on Body skincare products - Market size and forecast 2022-2027 ($ billion)
• Exhibit 40: Chart on Body skincare products - Year-over-year growth 2022-2027 (%)
• Exhibit 41: Data Table on Body skincare products - Year-over-year growth 2022-2027 (%)

• 6.5 Others - Market size and forecast 2022-2027
• Exhibit 42: Chart on Others - Market size and forecast 2022-2027 ($ billion)
• Exhibit 43: Data Table on Others - Market size and forecast 2022-2027 ($ billion)
• Exhibit 44: Chart on Others - Year-over-year growth 2022-2027 (%)
• Exhibit 45: Data Table on Others - Year-over-year growth 2022-2027 (%)

• 6.6 Market opportunity by Product 
• Exhibit 46: Market opportunity by Product ($ billion)

7 Market Segmentation by Distribution Channel

• 7.1 Market segments 
• Exhibit 47: Chart on Distribution Channel - Market share 2022-2027 (%)
• Exhibit 48: Data Table on Distribution Channel - Market share 2022-2027 (%)

• 7.2 Comparison by Distribution Channel 
• Exhibit 49: Chart on Comparison by Distribution Channel
• Exhibit 50: Data Table on Comparison by Distribution Channel

• 7.3 Offline - Market size and forecast 2022-2027
• Exhibit 51: Chart on Offline - Market size and forecast 2022-2027 ($ billion)
• Exhibit 52: Data Table on Offline - Market size and forecast 2022-2027 ($ billion)
• Exhibit 53: Chart on Offline - Year-over-year growth 2022-2027 (%)
• Exhibit 54: Data Table on Offline - Year-over-year growth 2022-2027 (%)

• 7.4 Online - Market size and forecast 2022-2027
• Exhibit 55: Chart on Online - Market size and forecast 2022-2027 ($ billion)
• Exhibit 56: Data Table on Online - Market size and forecast 2022-2027 ($ billion)
• Exhibit 57: Chart on Online - Year-over-year growth 2022-2027 (%)
• Exhibit 58: Data Table on Online - Year-over-year growth 2022-2027 (%)

• 7.5 Market opportunity by Distribution Channel
• Exhibit 59: Market opportunity by Distribution Channel ($ billion)

8 Customer Landscape

• 8.1 Customer landscape overview 
• Exhibit 60: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation 
• Exhibit 61: Chart on Market share by geography 2022-2027 (%)
• Exhibit 62: Data Table on Market share by geography 2022-2027 (%)

• 9.2 Geographic comparison 
• Exhibit 63: Chart on Geographic comparison
• Exhibit 64: Data Table on Geographic comparison

• 9.3 APAC - Market size and forecast 2022-2027
• Exhibit 65: Chart on APAC - Market size and forecast 2022-2027 ($ billion)
• Exhibit 66: Data Table on APAC - Market size and forecast 2022-2027 ($ billion)
• Exhibit 67: Chart on APAC - Year-over-year growth 2022-2027 (%)
• Exhibit 68: Data Table on APAC - Year-over-year growth 2022-2027 (%)

• 9.4 Europe - Market size and forecast 2022-2027
• Exhibit 69: Chart on Europe - Market size and forecast 2022-2027 ($ billion)
• Exhibit 70: Data Table on Europe - Market size and forecast 2022-2027 ($ billion)
• Exhibit 71: Chart on Europe - Year-over-year growth 2022-2027 (%)
• Exhibit 72: Data Table on Europe - Year-over-year growth 2022-2027 (%)

• 9.5 North America - Market size and forecast 2022-2027
• Exhibit 73: Chart on North America - Market size and forecast 2022-2027 ($ billion)
• Exhibit 74: Data Table on North America - Market size and forecast 2022-2027 ($ billion)
• Exhibit 75: Chart on North America - Year-over-year growth 2022-2027 (%)
• Exhibit 76: Data Table on North America - Year-over-year growth 2022-2027 (%)

• 9.6 Middle East and Africa - Market size and forecast 2022-2027
• Exhibit 77: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
• Exhibit 78: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
• Exhibit 79: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
• Exhibit 80: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)

• 9.7 South America - Market size and forecast 2022-2027
• Exhibit 81: Chart on South America - Market size and forecast 2022-2027 ($ billion)
• Exhibit 82: Data Table on South America - Market size and forecast 2022-2027 ($ billion)
• Exhibit 83: Chart on South America - Year-over-year growth 2022-2027 (%)
• Exhibit 84: Data Table on South America - Year-over-year growth 2022-2027 (%)

• 9.8 US - Market size and forecast 2022-2027
• Exhibit 85: Chart on US - Market size and forecast 2022-2027 ($ billion)
• Exhibit 86: Data Table on US - Market size and forecast 2022-2027 ($ billion)
• Exhibit 87: Chart on US - Year-over-year growth 2022-2027 (%)
• Exhibit 88: Data Table on US - Year-over-year growth 2022-2027 (%)

• 9.9 China - Market size and forecast 2022-2027
• Exhibit 89: Chart on China - Market size and forecast 2022-2027 ($ billion)
• Exhibit 90: Data Table on China - Market size and forecast 2022-2027 ($ billion)
• Exhibit 91: Chart on China - Year-over-year growth 2022-2027 (%)
• Exhibit 92: Data Table on China - Year-over-year growth 2022-2027 (%)

• 9.10 Japan - Market size and forecast 2022-2027
• Exhibit 93: Chart on Japan - Market size and forecast 2022-2027 ($ billion)
• Exhibit 94: Data Table on Japan - Market size and forecast 2022-2027 ($ billion)
• Exhibit 95: Chart on Japan - Year-over-year growth 2022-2027 (%)
• Exhibit 96: Data Table on Japan - Year-over-year growth 2022-2027 (%)

• 9.11 India - Market size and forecast 2022-2027
• Exhibit 97: Chart on India - Market size and forecast 2022-2027 ($ billion)
• Exhibit 98: Data Table on India - Market size and forecast 2022-2027 ($ billion)
• Exhibit 99: Chart on India - Year-over-year growth 2022-2027 (%)
• Exhibit 100: Data Table on India - Year-over-year growth 2022-2027 (%)

• 9.12 Germany - Market size and forecast 2022-2027
• Exhibit 101: Chart on Germany - Market size and forecast 2022-2027 ($ billion)
• Exhibit 102: Data Table on Germany - Market size and forecast 2022-2027 ($ billion)
• Exhibit 103: Chart on Germany - Year-over-year growth 2022-2027 (%)
• Exhibit 104: Data Table on Germany - Year-over-year growth 2022-2027 (%)

• 9.13 Market opportunity by geography 
• Exhibit 105: Market opportunity by geography ($ billion)

10 Drivers, Challenges, and Trends

• 10.1 Market drivers

• 10.2 Market challenges

• 10.3 Impact of drivers and challenges 
• Exhibit 106: Impact of drivers and challenges in 2022 and 2027

• 10.4 Market trends

11 Vendor Landscape

• 11.1 Overview

• 11.2 Vendor landscape 
• Exhibit 107: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption 
• Exhibit 108: Overview on factors of disruption

• 11.4 Industry risks 
• Exhibit 109: Impact of key risks on business

12 Vendor Analysis

• 12.1 Vendors covered 
• Exhibit 110: Vendors covered

• 12.2 Market positioning of vendors 
• Exhibit 111: Matrix on vendor position and classification

• 12.3 Beiersdorf AG 
• Exhibit 112: Beiersdorf AG - Overview
• Exhibit 113: Beiersdorf AG - Business segments
• Exhibit 114: Beiersdorf AG - Key news
• Exhibit 115: Beiersdorf AG - Key offerings
• Exhibit 116: Beiersdorf AG - Segment focus

• 12.4 CHANEL Ltd. 
• Exhibit 117: CHANEL Ltd. - Overview
• Exhibit 118: CHANEL Ltd. - Business segments
• Exhibit 119: CHANEL Ltd. - Key offerings
• Exhibit 120: CHANEL Ltd. - Segment focus

• 12.5 Gayatri Herbals Pvt. Ltd. 
• Exhibit 121: Gayatri Herbals Pvt. Ltd. - Overview
• Exhibit 122: Gayatri Herbals Pvt. Ltd. - Product / Service
• Exhibit 123: Gayatri Herbals Pvt. Ltd. - Key offerings

• 12.6 Johnson and Johnson 
• Exhibit 124: Johnson and Johnson - Overview
• Exhibit 125: Johnson and Johnson - Business segments
• Exhibit 126: Johnson and Johnson - Key news
• Exhibit 127: Johnson and Johnson - Key offerings
• Exhibit 128: Johnson and Johnson - Segment focus

• 12.7 Kao Corp. 
• Exhibit 129: Kao Corp. - Overview
• Exhibit 130: Kao Corp. - Business segments
• Exhibit 131: Kao Corp. - Key offerings
• Exhibit 132: Kao Corp. - Segment focus

• 12.8 LOreal SA 
• Exhibit 133: LOreal SA - Overview
• Exhibit 134: LOreal SA - Business segments
• Exhibit 135: LOreal SA - Key news
• Exhibit 136: LOreal SA - Key offerings
• Exhibit 137: LOreal SA - Segment focus

• 12.9 LVMH Moet Hennessy Louis Vuitton SE 
• Exhibit 138: LVMH Moet Hennessy Louis Vuitton SE - Overview
• Exhibit 139: LVMH Moet Hennessy Louis Vuitton SE - Business segments
• Exhibit 140: LVMH Moet Hennessy Louis Vuitton SE - Key news
• Exhibit 141: LVMH Moet Hennessy Louis Vuitton SE - Key offerings
• Exhibit 142: LVMH Moet Hennessy Louis Vuitton SE - Segment focus

• 12.10 Natura and Co Holding SA 
• Exhibit 143: Natura and Co Holding SA - Overview
• Exhibit 144: Natura and Co Holding SA - Business segments
• Exhibit 145: Natura and Co Holding SA - Key offerings
• Exhibit 146: Natura and Co Holding SA - Segment focus

• 12.11 Oriflame Holding AG 
• Exhibit 147: Oriflame Holding AG - Overview
• Exhibit 148: Oriflame Holding AG - Business segments
• Exhibit 149: Oriflame Holding AG - Key offerings
• Exhibit 150: Oriflame Holding AG - Segment focus

• 12.12 Revlon Inc. 
• Exhibit 151: Revlon Inc. - Overview
• Exhibit 152: Revlon Inc. - Business segments
• Exhibit 153: Revlon Inc. - Key offerings
• Exhibit 154: Revlon Inc. - Segment focus

• 12.13 Shiseido Co. Ltd. 
• Exhibit 155: Shiseido Co. Ltd. - Overview
• Exhibit 156: Shiseido Co. Ltd. - Product / Service
• Exhibit 157: Shiseido Co. Ltd. - Key offerings

• 12.14 The Body Shop International Ltd. 
• Exhibit 158: The Body Shop International Ltd. - Overview
• Exhibit 159: The Body Shop International Ltd. - Product / Service
• Exhibit 160: The Body Shop International Ltd. - Key offerings

• 12.15 The Estee Lauder Co. Inc. 
• Exhibit 161: The Estee Lauder Co. Inc. - Overview
• Exhibit 162: The Estee Lauder Co. Inc. - Product / Service
• Exhibit 163: The Estee Lauder Co. Inc. - Key offerings

• 12.16 The Procter and Gamble Co. 
• Exhibit 164: The Procter and Gamble Co. - Overview
• Exhibit 165: The Procter and Gamble Co. - Business segments
• Exhibit 166: The Procter and Gamble Co. - Key news
• Exhibit 167: The Procter and Gamble Co. - Key offerings
• Exhibit 168: The Procter and Gamble Co. - Segment focus

• 12.17 Unilever PLC 
• Exhibit 169: Unilever PLC - Overview
• Exhibit 170: Unilever PLC - Business segments
• Exhibit 171: Unilever PLC - Key news
• Exhibit 172: Unilever PLC - Key offerings
• Exhibit 173: Unilever PLC - Segment focus

13 Appendix

• 13.1 Scope of the report

• 13.2 Inclusions and exclusions checklist 
• Exhibit 174: Inclusions checklist
• Exhibit 175: Exclusions checklist

• 13.3 Currency conversion rates for US$ 
• Exhibit 176: Currency conversion rates for US$

• 13.4 Research methodology 
• Exhibit 177: Research methodology
• Exhibit 178: Validation techniques employed for market sizing
• Exhibit 179: Information sources

• 13.5 List of abbreviations 
• Exhibit 180: List of abbreviations

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