The global revenue in the 'Skin Care' segment of the beauty & personal care market was forecast to continuously increase between 2025 and 2030 by in total 37.6 billion U.S. dollars (+18.96 percent). After the tenth consecutive increasing year, the revenue is estimated to reach 236 billion U.S. dollars and therefore a new peak in 2030. Notably, the revenue of the 'Skin Care' segment of the beauty & personal care market was continuously increasing over the past years.Find more information concerning Russia and Vietnam. The Statista Market Insights cover a broad range of additional markets.
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The Analysis for Skin Care Products Market Statistics is Segmented Into Product Type (Facial Care, Lip Care, and Body Care), Category (Premium Skin Care Products and Mass Skin Care Products), Distribution Channel (Specialist Retail Stores, Supermarkets/Hypermarkets, Convenience Stores, Pharmacies/Drug Stores, Online Retail Channels, and Other Distribution Channels) and Geography (North America, Europe, Asia-Pacific, South America, and Middle East & Africa). The Report Offers Market Size and Values in (USD Million) During the Forecasted Years for the Above Segments
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The global skincare market size is predicted to grow from US$184 billion in 2024 to US$407 billion by 2035, at a CAGR of 7.5% during the forecast period, till 2035.
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The global skincare market size is estimated to be US$ 1,66,870.4 million in 2024. The skincare product sales are expected to witness a robust CAGR of 8.6% from 2024 to 2034. By 2034, the skincare product demand is anticipated to achieve a valuation of US$ 3,80,492.2 million.
Attributes | Details |
---|---|
Skincare Market Value, 2024 | US$ 1,66,870.4 million |
Projected Market Value by 2034 | US$ 3,80,492.2 million |
Value-based CAGR from 2024 to 2034 | 8.6% |
Historical Analysis of the Skincare Market
Attributes | Details |
---|---|
Historical Market Value for 2019 | US$ 1,23,999.7 million |
Market Value for 2023 | US$ 1,56,051.2 million |
HCAGR (2019 to 2023) | 4.7% |
Category-wise Outlook
Leading Product | Skin Care Cosmetics |
---|---|
Segment Share | 76.6% |
Top Skin Type | Oily Skin |
---|---|
Segment Share | 34.9% |
Country-wise Analysis
Countries | CAGR (2024 to 2034) |
---|---|
India | 12.9% |
China | 11.2% |
United Kingdom | 5.6% |
Germany | 5.2% |
United States | 3.9% |
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US Skincare Market size was valued at USD 30.24 Billion in 2024 and is projected to reach 40.43 USD Billion by 2031 growing at a CAGR of 4.08% from 2024 to 2031.
Us Skincare Market Drivers
Increasing Awareness of Skincare: The necessity of keeping good skin, the advantages of preventive skincare, and skincare regimens are driving consumer awareness, which in turn is driving market growth.
Demand for Natural and Organic Products: Growing consumer aversion to synthetic substances, allergies, and sustainability is driving demand for natural and organic skincare products.
Product Formulation Innovation: Continual skincare formulation innovation, such as the use of cutting-edge ingredients, focused treatments, and multipurpose products, draws customers looking for efficient answers to a range of skin issues.
E-commerce Growth: As e-commerce platforms and online beauty shops expand, consumers will have more access to a wider range of products and a more convenient way to shop, which will increase sales of skincare products online.
Social Media Influence: The power of online reviews, beauty gurus, and social media platforms to shape consumer behavior, set trends, and advertise skincare goods.
From the selected regions, the ranking by revenue in the 'Skin Care' segment of the beauty & personal care market is led by the United States with 24.9 billion U.S. dollars and is followed by Japan (22.9 billion U.S. dollars). In contrast, the ranking is trailed by Italy with 3.3 billion U.S. dollars, recording a difference of 21.6 billion U.S. dollars to the United States. Find other insights concerning similar markets and segments, such as a ranking of subsegments in Thailand regarding average revenue per user (ARPU) in the Beauty & Personal Care market as a whole and a ranking by country regarding revenue in the skin care segment of the beauty & personal care market. The Statista Market Insights cover a broad range of additional markets.
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The United Kingdom Skincare Market is segmented by Type (Facial Care, Lip Care, and Body Care), Category (Premium Skincare Products and Mass Skincare Products), and Distribution Channel (Supermarkets/Hypermarkets, Conveniences Stores, Specialist Stores, Online Retail Stores, and Other Distribution Channels). The report offers market size and forecasts in Value (USD) for the above-mentioned segments.
Concerning the four selected segments, the segment Face has the largest revenue with 113.72 billion U.S. dollars. Contrastingly, Baby & Child is ranked last, with 4.86 billion U.S. dollars. Their difference, compared to Face, lies at 108.86 billion U.S. dollars. Find other insights concerning similar markets and segments, such as a ranking of subsegments in the Philippines regarding average revenue per user (ARPU) in the segment Personal Care and a ranking of subsegments in the Philippines regarding revenue in the segment Personal Care . The Statista Market Insights cover a broad range of additional markets.
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The Facial Care Products Market is Segmented by Product Type (Facial Mask, Facial Cleanser, Facial Moisturizer & Creams, Facial Toner, and Other Product Types); by Category (Mass and Premium); by Distribution Channel (Hypermarkets/Supermarkets, Specialty Stores, Online Retail Stores, Pharmacies and Drug Stores, MLM Channels, and Other Distribution Channels); and Geography (North America, Europe, Asia-Pacific, South America, and Middle East and Africa). The Report Offers the Market Size in Value Terms in USD for all the Abovementioned Segments.
Cosmetic Skin Care Market Size 2025-2029
The cosmetic skin care market size is forecast to increase by USD 101.9 billion at a CAGR of 9.5% between 2024 and 2029.
The market is experiencing significant growth due to several key factors. One of the primary drivers is the increasing population in the age group of 30-50 years, who are becoming increasingly conscious about their appearance and are investing in skin care products, including herbal options, to maintain their youthful look. Additionally, many consumers are purchasing these products from convenience stores for added accessibility.
Another trend influencing the market is the growing preference for organic cosmetics and cosmeceuticals, as consumers become more health-conscious and seek products free from harsh chemicals. However, the high cost of cosmetic skin care products remains a challenge for some consumers, limiting their access to these products. Overall, the market is expected to continue its growth trajectory, driven by these factors and others.
The beauty and cosmetics industry is a thriving market, and two major segments of this industry are face creams and moisturizers, and shaving lotions and creams. In urban areas, where people lead busy lives and are exposed to pollution and stress, the demand for these products is particularly high. Face creams and moisturizers help protect and nourish the skin, keeping it hydrated and radiant. Shaving lotions and creams, on the other hand, ensure a smooth and comfortable shaving experience. A popular trend in skincare is the use of sheet masks, which provide intensive hydration and nutrients to the skin in a convenient and mess-free way. The beauty and cosmetics industry continues to innovate, offering new products and solutions to meet the diverse needs of consumers
What will be the Cosmetic Skin Care Market Size of the During the Forecast Period?
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The market is witnessing significant growth due to the increasing trend towards self-care and the desire for radiant, healthy-looking skin. This market encompasses a wide range of products, including creams, lotions, powders, and more. Self-care products, such as face creams and body lotions, are in high demand as customers seek to nourish their skin and address concerns like acne and sun damage. Cosmetic businesses and beauty retail stores are key players in this market, supplying an array of innovative products to meet the evolving needs of consumers. Raw material suppliers also play a crucial role in the production of these self-care essentials.
The propensity for urban dwellers to invest in skin care products is on the rise, with an increasing number of people recognizing the importance of proper skin care in maintaining overall health and appearance. As a result, the market for self-caring products, including face creams, sunscreens, and sheet masks, is experiencing strong growth. Advertising activities and the introduction of innovative products, such as advanced formulations and packaging, are driving competition in the market. Brands are capitalizing on this trend by offering a diverse range of self-care products that cater to various skin types and concerns.
How is the Cosmetic Skin Care Market Segmented?
The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.
Product
Face skincare products
Body skincare products
Others
Distribution Channel
Offline
Online
End User
Women
Men
Price Point
Mass
Premium
Geography
APAC
China
India
Japan
Europe
Germany
UK
France
North America
Canada
US
Middle East and Africa
South America
Brazil
By Product Insights
The face skincare products segment is estimated to witness significant growth during the forecast period.
The market encompasses a range of products designed to maintain and enhance the appearance of the skin. In 2024, the face skincare segment held the largest market share, driven by demand for products addressing anti-aging, skin-whitening, and sun protection needs. These offerings include topical creams, lotions, toners, exfoliators, and serums. Hyaluronic acid creams, known for their hydrating properties, are popular choices for moisturizing and maintaining skin radiance. Innovative products, such as those containing organic and natural ingredients, are increasingly preferred due to their potential to protect the skin from pollution and other environmental stressors. Organic labeling adds to their appeal, as consumers seek to make eco-conscious choices.
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The face skincare products s
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The market is projected to expand from USD 17.6 billion in 2025 to USD 37.3 billion by 2035, reflecting a CAGR of 10.5% over the forecast period.
Metric | Value |
---|---|
Industry Size (2024) | USD 17.6 billion |
Industry Value (2035F) | USD 37.3 billion |
CAGR (2025 to 2035) | 10.5% |
Global Men's Skincare Products Market - Country-Wise Per Capita Spending
Country | United States |
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Population (millions) | 345.4 |
Estimated Per Capita Spending (USD) | 42.30 |
Country | China |
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Population (millions) | 1,419.3 |
Estimated Per Capita Spending (USD) | 37.80 |
Country | South Korea |
---|---|
Population (millions) | 51.7 |
Estimated Per Capita Spending (USD) | 58.60 |
Country | Germany |
---|---|
Population (millions) | 84.1 |
Estimated Per Capita Spending (USD) | 39.20 |
Country | United Kingdom |
---|---|
Population (millions) | 68.3 |
Estimated Per Capita Spending (USD) | 41.50 |
Men’s Skincare Products Market - Global Country-Wise Outlook
Country | CAGR (2025 to 2035) |
---|---|
United States | 7.2% |
Country | CAGR (2025 to 2035) |
---|---|
United Kingdom | 6.9% |
Country | CAGR (2025 to 2035) |
---|---|
Germany | 7.1% |
Country | CAGR (2025 to 2035) |
---|---|
India | 7.5% |
Country | CAGR (2025 to 2035) |
---|---|
China | 7.8% |
Competition Outlook : Men’s Skincare Products Market
Company Name | Estimated Market Share (%), 2024 |
---|---|
L’Oréal (L’Oréal Men Expert, Kiehl’s, Biotherm, etc.) | 18-22% |
Procter & Gamble (Gillette, Old Spice, Olay Men, etc.) | 12-16% |
Unilever (Dove Men+Care, AXE, Bulldog, etc.) | 10-14% |
Shiseido (Shiseido Men, Anessa, etc.) | 7-10% |
Beiersdorf (Nivea Men, Lab Series, etc.) | 6-9% |
Other Companies (combined) | 30-40% |
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The global personalized skin care products market size reached USD 27.2 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 39.2 Billion by 2033, exhibiting a growth rate (CAGR) of 3.93% during 2025-2033. The rising occurrence of skin-related problems, the increasing number of e-commerce businesses and luxury skincare bands, and the growing investment in research and development (R&D) activities for formulating effective and accurate skin care products are major factors impelling the market growth.
Report Attribute
|
Key Statistics
|
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Base Year
| 2024 |
Forecast Years
|
2025-2033
|
Historical Years
|
2019-2024
|
Market Size in 2024 | USD 27.2 Billion |
Market Forecast in 2033 | USD 39.2 Billion |
Market Growth Rate (2025-2033) | 3.93% |
IMARC Group provides an analysis of the key trends in each segment of the global personalized skin care products market report, along with forecasts at the global, regional, and country levels for 2025-2033. Our report has categorized the market based on product, gender, pricing type, age group, and distribution channel.
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The global organic skin care market size is expected to reach USD 20.37 Billion by 2030 according to a new study by Polaris Market Research.
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The Skin Care Products Market Share size & share value expected to touch USD 245.64 billion by 2034, to grow at a CAGR of 4.9% during the forecast period.
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Personal Care Market size was valued at USD 5.91 Billion in 2024 and is projected to reach USD 9.54 Billion by 2031, growing at a CAGR of 6.81% during the forecasted period 2024 to 2031.
The personal care market is driven by several key factors, including rising consumer awareness about health and hygiene, increasing disposable income, and a growing inclination towards natural and organic products. The expanding middle-class population and urbanization are leading to higher demand for premium personal care products. Technological advancements and innovation in product formulations, along with aggressive marketing and promotional strategies by key players, are also contributing to market growth. Additionally, the increasing influence of social media and the internet, along with the surge in e-commerce, is facilitating easier access to a wide range of personal care products, further propelling market expansion.
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The customized skincare market is estimated to be valued at US$ 29.3 billion in 2024. The customized skincare market is predicted to rise at a CAGR of 7.8% from 2024 to 2034. The global customized skincare market is anticipated to reach US$ 62.4 billion by 2034.
Attributes | Key Insights |
---|---|
Estimated Market Size in 2024 | US$ 29.3 billion |
Projected Market Value in 2034 | US$ 62.4 billion |
Value-based CAGR from 2024 to 2034 | 7.8% |
2019 to 2023 Historical Analysis vs. 2024 to 2034 Market Forecast Projections
Historical CAGR from 2019 to 2023) | 5.2% |
---|---|
Forecast CAGR from 2024 to 2034 | 7.8% |
Country-wise Analysis
Countries | Forecast CAGRs from 2024 to 2034 |
---|---|
The United States | 4.5% |
The United Kingdom | 4.9% |
China | 8.9% |
India | 10.7% |
Australia | 8.2% |
Category-wise Insights
Category | Market Share |
---|---|
Face Care | 64.1% |
Female | 59.2% |
Report Scope
Attributes | Details |
---|---|
Estimated Market Size in 2024 | US$ 29.3 billion |
Projected Market Valuation in 2034 | US$ 62.4 billion |
Value-based CAGR 2024 to 2034 | 7.8% |
Forecast Period | 2024 to 2034 |
Historical Data Available for | 2019 to 2023 |
Market Analysis | Value in US$ billion |
Key Regions Covered |
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Key Market Segments Covered |
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Key Countries Profiled |
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Key Companies Profiled |
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According to Cognitive Market Research, The Global skincare market size is USD 106.8 billion in 2023 and will expand at a compound annual growth rate (CAGR) of 6.50% from 2023 to 2030.
The demand for skincare is rising due to the increasing due to the rising awareness of the adverse effects of continuous exposure to the sun.
Demand for Online Stores remains higher in the skin care market.
The Face Skincare Products category held the highest skincare market revenue share in 2023.
Asia-Pacific skincare will continue to lead, whereas the North America skincare market will experience the most substantial growth until 2030.
Rising Consumer Awareness and Education to Provide Viable Market Output
One key driver propelling the skincare market is the increasing awareness and education among consumers regarding skincare and the importance of a consistent skincare routine. Consumers are becoming more informed about the benefits of skincare products, including preventive measures against aging, protection from environmental pollutants, and maintenance of overall skin health. This heightened awareness, often fuelled by social media, beauty influencers, and readily available information, is driving the demand for a diverse range of skincare products catering to various skin types and concerns.
November 2022 - kao Corporation Collaborated with Daiichi Sankyo, a leading healthcare company, to develop new products and improve their skincare business revenue.
Innovations in Formulations and Ingredients to Propel Market Growth
Another crucial driver in the skincare market is the continuous innovation in skincare formulations and the integration of cutting-edge ingredients. Research and development in skincare have led to the introduction of advanced formulations, incorporating ingredients with proven efficacy in addressing specific skin issues. This includes the use of antioxidants, hyaluronic acid, retinoids, and natural extracts, among others. The market's responsiveness to scientific advancements and the development of products tailored to evolving consumer preferences contribute significantly to the growth and dynamism of the skincare industry.
July 2022 - Johnson & Johnson launched a new range of new skincare brands, 'VIVVI & BLOOM', for kids. This can be suitable for the skin as well as hair.
(Source:www.premiumbeautynews.com/en/johnson-johnson-launches-new-skin,20639)
Market Dynamics of Skincare
Regulatory Challenges and Stringent Standards to Restrict Market Growth
A significant restraint in the skincare market stems from regulatory challenges and the imposition of stringent standards on skincare product formulations. The need to comply with diverse and evolving regulations, particularly regarding the use of certain ingredients and claims, poses hurdles for skincare manufacturers. Stricter standards may lead to reformulations, increased testing requirements, and potential limitations on marketing claims, impacting the speed and cost of bringing products to market. Negotiating this complex regulatory landscape requires substantial investments in research, testing, and compliance, presenting a challenge for skincare companies, especially smaller ones.
Impact of COVID–19 on the Skincare Market
The skincare market underwent notable transformations in the wake of the COVID-19 pandemic. With widespread lockdowns, changes in consumer behavior, and heightened awareness of hygiene, the skincare industry experienced shifts in demand and product preferences. The market saw a surge in demand for skincare products focused on health and wellness, including products with immune-boosting ingredients and those addressing specific skin concerns arising from increased mask usage. E-commerce channels became more prominent as consumers turned to online platforms for their skincare needs, reflecting a preference for contactless shopping. On the other hand, the closure of brick-and-mortar stores and disruptions in the supply chain posed challenges. Overall, the skincare market adapted to the changing landscape, emphasizing health-centric products and digital avenues to meet evolving consumer expectations. Introduction of Skin...
The United States is leading the ranking by revenue in the 'Skin Care' segment of the beauty & personal care market, recording 24.9 billion U.S. dollars. Following closely behind is Japan with 22.9 billion U.S. dollars, while Ethiopia is trailing the ranking with 1.5 billion U.S. dollars, resulting in a difference of 23.4 billion U.S. dollars to the ranking leader, the United States. Find other insights concerning similar markets and segments, such as a ranking by country regarding revenue in the cosmetics segment of the beauty & personal care market and a ranking by country regarding revenue in the skin care segment of the beauty & personal care market. The Statista Market Insights cover a broad range of additional markets.
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The skincare treatment market is projected to be valued at US$ 20,786.11 million in 2024 and rise to US$ 35,237.24 million by 2034. It is expected to grow at a CAGR of 5.4% during the forecast period.
Attributes? | Key Statistics |
---|---|
Skincare Treatment Market Value (2024) | US$ 20786.11 Million |
Anticipated Market Value (2034) | US$ 35237.24 Million |
Estimated Growth (2024 to 2034) | 5.4% CAGR |
Category-wise Insights
Attributes | Details |
---|---|
Top Treatment Type | Non-surgical |
Market Share (2024) | 61.7% |
Attributes | Details |
---|---|
Top Consumer Orientation | Female |
Market Share (2024) | 56.4% |
Country-wise Insights
Countries | CAGR (2024 to 2034) |
---|---|
India | 6.8% |
China | 5.6% |
Australia | 5.2% |
Singapore | 4.5% |
Canada | 3.4% |
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The global CBD skin care market size reached USD 1.8 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 8.4 Billion by 2033, exhibiting a growth rate (CAGR) of 17.42% during 2025-2033. The increasing shift towards natural and organic beauty, ongoing product innovations, e-commerce expansion, and increased research and development are primarily driving the market's growth.
Report Attribute
|
Key Statistics
|
---|---|
Base Year
|
2024
|
Forecast Years
| 2025-2033 |
Historical Years
|
2019-2024
|
Market Size in 2024 | USD 1.8 Billion |
Market Forecast in 2033 | USD 8.4 Billion |
Market Growth Rate 2025-2033 | 17.42% |
IMARC Group provides an analysis of the key trends in each sub-segment of the global CBD skin care market report, along with forecasts at the global, regional and country level from 2025-2033. Our report has categorized the market based on product type, source, price range and distribution channel.
The global revenue in the 'Skin Care' segment of the beauty & personal care market was forecast to continuously increase between 2025 and 2030 by in total 37.6 billion U.S. dollars (+18.96 percent). After the tenth consecutive increasing year, the revenue is estimated to reach 236 billion U.S. dollars and therefore a new peak in 2030. Notably, the revenue of the 'Skin Care' segment of the beauty & personal care market was continuously increasing over the past years.Find more information concerning Russia and Vietnam. The Statista Market Insights cover a broad range of additional markets.