Cosmetic Skin Care Market to Reach USD 221.45 Billion by 2030

Cosmetic Skin Care Market

𝐂𝐨𝐬𝐦𝐞𝐭𝐢𝐜 𝐒𝐤𝐢𝐧 𝐂𝐚𝐫𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 – 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬, 𝐆𝐫𝐨𝐰𝐭𝐡, 𝐓𝐫𝐞𝐧𝐝𝐬, 𝐂𝐨𝐧𝐬𝐨𝐥𝐢𝐝𝐚𝐭𝐢𝐨𝐧, 𝐚𝐧𝐝 𝐔𝐩𝐝𝐚𝐭𝐞𝐬 𝐀𝐜𝐫𝐨𝐬𝐬 𝐊𝐞𝐲 𝐂𝐨𝐮𝐧𝐭𝐫𝐢𝐞𝐬

The global cosmetic skin care market continues to thrive, driven by increasing consumer awareness about skincare routines and the launch of innovative, sustainable, and personalized products. The market, valued at USD 149.12 billion in 2023, is projected to reach USD 221.45 billion by 2030, growing at a robust CAGR of 5.81% during the forecast period.

𝐘𝐞𝐚𝐫-𝐄𝐧𝐝 𝐒𝐚𝐥𝐞! 𝐆𝐞𝐭 𝐮𝐩 𝐭𝐨 𝟑𝟎% 𝐨𝐟𝐟 𝐨𝐧 𝐜𝐨𝐦𝐩𝐫𝐞𝐡𝐞𝐧𝐬𝐢𝐯𝐞 𝐦𝐚𝐫𝐤𝐞𝐭 𝐫𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐫𝐞𝐩𝐨𝐫𝐭𝐬-𝐥𝐢𝐦𝐢𝐭𝐞𝐝 𝐭𝐢𝐦𝐞 𝐨𝐧𝐥𝐲:

𝐂𝐨𝐬𝐦𝐞𝐭𝐢𝐜 𝐒𝐤𝐢𝐧 𝐂𝐚𝐫𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐲 𝐟𝐨𝐫 𝐋𝐨𝐜𝐚𝐥 𝐁𝐫𝐚𝐧𝐝𝐬 𝐢𝐧 𝐑𝐢𝐬𝐢𝐧𝐠 𝐌𝐚𝐫𝐤𝐞𝐭𝐬 𝐢𝐧 𝐕𝐢𝐞𝐭𝐧𝐚𝐦:

Vietnam’s cosmetic skin care market is experiencing significant growth due to the rising disposable income and influence of social media trends. Major mergers and acquisitions include 𝐔𝐧𝐢𝐥𝐞𝐯𝐞𝐫’𝐬 strategic acquisition of local brands to expand its product portfolio in Southeast Asia. Additionally, K-beauty products dominate the Vietnamese market, with brands like 𝐀𝐦𝐨𝐫𝐞𝐩𝐚𝐜𝐢𝐟𝐢𝐜 making significant strides.

𝐂𝐨𝐬𝐦𝐞𝐭𝐢𝐜 𝐒𝐤𝐢𝐧 𝐂𝐚𝐫𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐓𝐫𝐞𝐧𝐝𝐬 𝐢𝐧 𝐎𝐫𝐠𝐚𝐧𝐢𝐜 𝐒𝐤𝐢𝐧 𝐂𝐚𝐫𝐞 𝐢𝐧 𝐓𝐡𝐚𝐢𝐥𝐚𝐧𝐝:

Thailand’s market is witnessing a growing demand for organic and natural skincare products. The country’s focus on sustainability has led to increased sales of eco-friendly brands. Noteworthy developments include 𝐋’𝐎𝐫é𝐚𝐥’𝐬 partnership with local distributors to launch new product lines targeting millennial consumers.

𝐂𝐨𝐬𝐦𝐞𝐭𝐢𝐜 𝐒𝐤𝐢𝐧 𝐂𝐚𝐫𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐆𝐫𝐨𝐰𝐭𝐡 𝐃𝐫𝐢𝐯𝐞𝐧 𝐛𝐲 𝐓𝐞𝐜𝐡𝐧𝐨𝐥𝐨𝐠𝐢𝐜𝐚𝐥 𝐀𝐝𝐯𝐚𝐧𝐜𝐞𝐦𝐞𝐧𝐭𝐬 𝐢𝐧 𝐉𝐚𝐩𝐚𝐧:

Japan remains at the forefront of the cosmetic skin care industry, thanks to its technological innovations and high-quality formulations. 𝐒𝐡𝐢𝐬𝐞𝐢𝐝𝐨 has announced investments in AI-driven skincare technology to enhance product personalization. Consolidation efforts have also been seen with 𝐊𝐚𝐨 𝐂𝐨𝐫𝐩𝐨𝐫𝐚𝐭𝐢𝐨𝐧

acquiring niche skincare brands to diversify its offerings.

𝐂𝐨𝐬𝐦𝐞𝐭𝐢𝐜 𝐒𝐤𝐢𝐧 𝐂𝐚𝐫𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐲 𝐢𝐧 𝐊-𝐁𝐞𝐚𝐮𝐭𝐲 𝐄𝐱𝐩𝐚𝐧𝐬𝐢𝐨𝐧 𝐢𝐧 𝐒𝐨𝐮𝐭𝐡 𝐊𝐨𝐫𝐞𝐚:

South Korea continues to dominate the global cosmetic skincare landscape with its innovative K-beauty products. Recent mergers include 𝐋𝐆 𝐇𝐨𝐮𝐬𝐞𝐡𝐨𝐥𝐝 & 𝐇𝐞𝐚𝐥𝐭𝐡 𝐂𝐚𝐫𝐞 acquiring smaller, trend-focused brands to cater to younger demographics. Trends such as clean beauty and functional cosmetics are driving the market’s evolution.

𝐂𝐨𝐬𝐦𝐞𝐭𝐢𝐜 𝐒𝐤𝐢𝐧 𝐂𝐚𝐫𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐓𝐫𝐞𝐧𝐝𝐬 𝐢𝐧 𝐏𝐫𝐞𝐦𝐢𝐮𝐦 𝐒𝐤𝐢𝐧𝐜𝐚𝐫𝐞 𝐢𝐧 𝐒𝐢𝐧𝐠𝐚𝐩𝐨𝐫𝐞:

Singapore’s cosmetic skin care market is characterized by a demand for premium and luxury skincare solutions. High-income consumers are favoring brands like Estée Lauder, which recently partnered with local e-commerce platforms to strengthen its presence in the region.

𝐂𝐨𝐬𝐦𝐞𝐭𝐢𝐜 𝐒𝐤𝐢𝐧 𝐂𝐚𝐫𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐆𝐫𝐨𝐰𝐭𝐡 𝐓𝐡𝐫𝐨𝐮𝐠𝐡 𝐈𝐧𝐧𝐨𝐯𝐚𝐭𝐢𝐨𝐧 𝐢𝐧 𝐔𝐧𝐢𝐭𝐞𝐝 𝐒𝐭𝐚𝐭𝐞𝐬:

The United States leads the market with a strong emphasis on R&D and the introduction of dermatologist-approved skincare products. Key developments include Johnson & Johnson investing in biotech startups focused on anti-aging solutions. The consolidation trend is strong, with larger players acquiring indie brands to target niche segments.

𝐂𝐨𝐬𝐦𝐞𝐭𝐢𝐜 𝐒𝐤𝐢𝐧 𝐂𝐚𝐫𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐂𝐨𝐧𝐬𝐨𝐥𝐢𝐝𝐚𝐭𝐢𝐨𝐧 𝐢𝐧 𝐭𝐡𝐞 𝐋𝐮𝐱𝐮𝐫𝐲 𝐒𝐞𝐠𝐦𝐞𝐧𝐭 𝐢𝐧 𝐄𝐮𝐫𝐨𝐩𝐞:

Europe remains a significant market for luxury skincare products. Countries like Germany, France, and the UK have seen prominent mergers, such as 𝐁𝐞𝐢𝐞𝐫𝐬𝐝𝐨𝐫𝐟’𝐬 acquisition of local premium skincare companies to strengthen its foothold in the market. Trends indicate a shift towards vegan and cruelty-free products in this region.

𝐄𝐱𝐜𝐢𝐭𝐞𝐝 𝐭𝐨 𝐝𝐢𝐯𝐞 𝐢𝐧? 𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐲𝐨𝐮𝐫 𝐬𝐚𝐦𝐩𝐥𝐞 𝐜𝐨𝐩𝐲 𝐨𝐟 𝐭𝐡𝐞 𝐫𝐞𝐩𝐨𝐫𝐭 𝐭𝐨 𝐮𝐧𝐜𝐨𝐯𝐞𝐫 𝐢𝐭𝐬 𝐜𝐨𝐧𝐭𝐞𝐧𝐭𝐬:

𝐂𝐨𝐬𝐦𝐞𝐭𝐢𝐜 𝐒𝐤𝐢𝐧 𝐂𝐚𝐫𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧:

𝒃𝒚 𝑷𝒓𝒐𝒅𝒖𝒄𝒕

Antioxidants

Exfoliants

Masks

Eyecare

Moisturizers

Serums

Others

𝒃𝒚 𝑮𝒆𝒏𝒅𝒆𝒓

Men

Women

Based on gender , the women segment , which accounts for the largest revenue share at 72.3 % in 2023 , plays a vital role in the cosmetic skin care market .​ Over time , women have been the focal point of the consumer base for skincare products , highlighting a strong demand for a wide range of cosmetic skincare products .​​​​​​ This leadership role stems from a variety of factors , such as a diverse product line that meets their specific needs , intensive marketing strategies , and a strong cultural emphasis on women ‘s care and beauty routines .​ Additionally , women ‘s skin care needs are often represented by a wider variety of products , ranging from anti – aging solutions to makeup products and various specific treatments .​​​ Together , these factors play a significant role in women ‘s dominance in the personal care cosmetics market .​

𝒃𝒚 𝑫𝒊𝒔𝒕𝒓𝒊𝒃𝒖𝒕𝒊𝒐𝒏 𝑪𝒉𝒂𝒏𝒏𝒆𝒍

Online

Offline

The online segment is expected to grow at a CAGR of 8.12 % between 2023 and 2030 in the cosmetic skin care sector .​​​​​​ The exponential growth of e – commerce and digital platforms has led to a significant shift in consumer behavior , with more and more people opting for the ease and accessibility offered by online platforms when purchasing skincare products .​​​​​ Online platforms cater to contemporary consumer preferences by offering a wide range of options , facilitating quick comparisons and ensuring convenient home delivery .​​​ Moreover , the wealth of product information , reviews and personalized recommendations available online further reinforces the dominance of this sector , making it the preferred choice for purchasing cosmetic care products among a wide customer base .​​​​​

𝒃𝒚 𝑨𝒑𝒑𝒍𝒊𝒄𝒂𝒕𝒊𝒐𝒏

Topical

Surgical

As an end user , The dominance of Topical in the cosmetic skin care sector , with a largest market share of 80.5 % in 2023 .​​ The global dominance of non – invasive skincare products can be explained by consumer preferences .​​​ Topical applications , including creams , serums and masks , offer a variety of treatments for different skin concerns without the need for surgical procedures . Consumers are attracted to these skin care solutions on the subject because of their convenience , accessibility and safety .​​​​​ Moreover , continuous innovations and advancements in skin care formulations are strengthening the leadership of this sector , effectively meeting different skin care demands and playing a significant role in the growth of the cosmetic skin care market .​​​​​​​​

𝐓𝐨 𝐞𝐱𝐩𝐥𝐨𝐫𝐞 𝐟𝐮𝐫𝐭𝐡𝐞𝐫 𝐝𝐞𝐭𝐚𝐢𝐥𝐬 𝐚𝐛𝐨𝐮𝐭 𝐭𝐡𝐢𝐬 𝐫𝐞𝐬𝐞𝐚𝐫𝐜𝐡, 𝐩𝐥𝐞𝐚𝐬𝐞 𝐠𝐨 𝐭𝐨:

𝐍𝐨𝐫𝐭𝐡 𝐀𝐦𝐞𝐫𝐢𝐜𝐚 𝐂𝐨𝐬𝐦𝐞𝐭𝐢𝐜 𝐒𝐤𝐢𝐧 𝐂𝐚𝐫𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐊𝐞𝐲 𝐩𝐥𝐚𝐲𝐞𝐫𝐬:

1. Estée Lauder Inc – United States

2. Johnson & Johnson Consumer Inc – United States

3. Coty Inc – United States

4. Procter & Gamble (P&G) – United States

5. SkinMedica, Inc. (a subsidiary of Allergan Aesthetics) – United States

6. Revlon – United States

7. Mary Kay Inc. – United States

8. Neutrogena (a subsidiary of Johnson & Johnson) – United States

Europe Cosmetic Skin Care Market Key players:

1. Beiersdorf AG – Germany

2. L’Oreal S.A. Paris (part of L’Oréal Group) – France

3. Galderma Laboratories L.P (part of Nestlé Skin Health) – Switzerland

4. Unilever – United Kingdom / Netherlands

5. Avon Products Inc. – United Kingdom

6. The Body Shop International PLC. (part of Natura & Co) – United Kingdom

7. Clarins Group – France

8. Oriflame Cosmetics AG – Sweden

APAC Cosmetic Skin Care Market Key players:

1. Shiseido Company – Japan

2. Amorepacific Corporation – South Korea

MEA Cosmetic Skin Care Market Key players:

1. Ascendis Health – South Africa

𝐂𝐡𝐞𝐜𝐤 𝐎𝐮𝐭 𝐭𝐡𝐞 𝐋𝐚𝐭𝐞𝐬𝐭 𝐓𝐫𝐞𝐧𝐝𝐬:

India Optical Fiber Cables Market

Global Low Noise Amplifier Market(LNA)

Global Microbiology Culture Market

Cognitive Process Automation Market

Wind Turbine Forging Market:

Liver Disease Therapeutics Market

Healthcare Security Systems Market

Global Advanced Commercial Laundry Machines Market

Global Rheumatology Therapeutics Market

Cane Sugar Market https://www.maximizemarketresearch.com/market-report/cane-sugar-market/145896/

𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬

MAXIMIZE MARKET RESEARCH PVT. LTD.

3rd Floor, Navale IT park Phase 2,

Pune Banglore Highway, Narhe

Pune, Maharashtra 411041, India.

+91 9607365656

[email protected]

𝐀𝐛𝐨𝐮𝐭 𝐔𝐬

Maximize Market Research is one of the fastest-growing market research and business consulting firms serving clients globally. Our revenue impact and focused growth-driven research initiatives make us a proud partner of majority of the Fortune 500 companies. We have a diversified portfolio and serve a variety of industries such as IT & telecom, chemical, food & beverage, aerospace & defense, healthcare and others.

This release was published on openPR.