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Professional Skincare Market: APAC to Occupy 48% Market Share|Anti-aging Products Segment to be Significant for Revenue Generation|Technavio

Technavio (PRNewsfoto/Technavio)

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Technavio

Jun 21, 2022, 07:15 ET

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NEW YORK, June 21, 2022 /PRNewswire/ -- The professional skin care market size is set to grow by USD 4.65 billion from 2020 to 2025 as per the latest market forecast report by Technavio. The report projects the market to progress at a CAGR of  6%. 48% of the market's growth will originate from APAC during the forecast period. China, South Korea (Republic of Korea), and Japan are the key markets for professional skincare in APAC. Market growth in this region will be faster than the growth of the market in the other regions. The consistent offerings of high-quality products, more established brands, constant innovation, and product launches, and effective marketing will facilitate the professional skincare market growth in APAC over the forecast period.

Technavio has announced its latest market research report titled
Professional Skincare Market by Product, Distribution Channel, and Geography - Forecast and Analysis 2021-2025
Technavio has announced its latest market research report titled Professional Skincare Market by Product, Distribution Channel, and Geography - Forecast and Analysis 2021-2025

For more highlights on the region - Request a Sample Report

Professional Skincare Market: Segmentation Analysis

The market research report segments the professional skincare market by Product (Anti-aging products, Pigmentation products, Dehydration products, Acne control products, and Others), Distribution Channel (Offline and Online), and Geography (APAC, North America, Europe, South America, and MEA).

  • Revenue Generating Segment: The professional skincare market share growth in the anti-aging products segment will be significant during the forecast period. The growth in the world's aging population is fueling the demand for anti-aging professional skincare products. To address this growing demand, anti-aging product manufacturers have started developing specific solutions, with growing trends being the use of ingredients such as ultraviolet (UV) absorbers and the development of multifunctional and natural products. 
  • To know about the contribution of each segment -Click Now!

Professional Skincare Market: Driver

  • Product innovation and product line extension that leads to product premiumization will be a major factor in driving the market growth.
  •  The growing consumer demand for innovative products with optimal usage and the rising competition among market players are compelling vendors to engage in research and development activities.
  • The increasing consumer need is encouraging vendors to offer professional treatments and products that are priced higher than traditional skincare products.

To know about other drivers along with the market challenges - Grab a  Sample Report

Get ready to achieve excellent business outcomes from this exclusive Professional Skincare Market report by Technavio. The report will include highlights of the overall market which includes frequently asked questions such as -

  • What are historical revenue figures and estimated revenue figures as well as CAGR during the forecast timeframe?
  • What is the current trend taking place in the market space?
  • Which are business tactics that will influence competitive scenarios along with defining the growth potential of the market?
  • What are market drivers, restraints, and challenges impacting demand & growth of the market?
  • Which regions & segments will garner massive revenue and emerge as market leaders in upcoming years?

The competitive scenario provided in the Professional Skincare Market report analyzes, evaluates, and positions companies based on various performance indicators. Some of the factors considered for this analysis include the financial performance of companies over the past few years, growth strategies, product innovations, new product launches, investments, growth in market share, etc. Don't wait, Make a strategic approach & boost your business goals with our Professional Skincare Market Forecast Report -  Buy Now!

Related Reports:

  • The luxury cosmetics market share is expected to increase to USD 28.22 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 7.77%.
  • The online premium cosmetics market share is expected to increase by USD 15.26 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 7%.

Professional Skincare Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 6%

Market growth 2021-2025

USD 4.65 billion

Market structure

Fragmented

YoY growth (%)

5.30

Performing market contribution

APAC at 48%

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Beiersdorf AG, Clarins Sdn Bhd, Coty Inc., Revlon Inc., Shiseido Co. Ltd., The Avon Co., The Estee Lauder Companies Inc., The Procter & Gamble Co., and Unilever Group

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Table of Content

Executive Summary

Market Landscape

  • Market ecosystem

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2019
  • Market outlook: Forecast for 2019 - 2024

Five Forces Analysis

  • Five Forces Summary
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Product

  • Market segments
  • Comparison by Product placement
  • Anti-aging products - Market size and forecast 2019-2024
  • Pigmentation products - Market size and forecast 2019-2024
  • Dehydration products - Market size and forecast 2019-2024
  • Acne control products - Market size and forecast 2019-2024
  • Others - Market size and forecast 2019-2024
  • Market opportunity by Product

Market Segmentation by Distribution channel

  • Market segments
  • Comparison by Distribution channel placement
  • Offline - Market size and forecast 2019-2024
  • Online - Market size and forecast 2019-2024
  • Market opportunity by Distribution channel

Customer landscape

  • Overview

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • APAC - Market size and forecast 2019-2024
  • North America - Market size and forecast 2019-2024
  • Europe - Market size and forecast 2019-2024
  • South America - Market size and forecast 2019-2024
  • MEA - Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity by geography
  • Market drivers
  • Volume driver - Demand led growth
  • Market challenges
  • Market trends

Vendor Landscape

  • Vendor landscape
  • Landscape disruption

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • Beiersdorf AG
  • Clarins
  • Coty Inc.
  • Henkel AG & Co. KGaA
  • L'Oréal SA
  • Revlon Consumer Products Corp.
  • Shiseido Co. Ltd.
  • The Estee Lauder Companies Inc.
  • The Procter & Gamble Co.
  • Unilever Group

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/

SOURCE Technavio

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