The global Skin
Care Products Market size is projected to reach USD 183.03 billion by 2025
expanding at a CAGR of 4.4%. Increasing demand for natural, herbal, and organic
products that have no adverse effects is expected to boost the market growth
over the forecast period. Skin care products include various synthetic and
natural products, such as body lotions and face creams. Rising concerns
regarding skin problems are also driving the skin care products industry.
Rising awareness about natural ingredients providing
UV protection is also expected to fuel the market growth. With the rising
geriatric population, demand for products with anti-aging properties is
expected grow, thereby driving the overall market. Organic skin care product
manufacturers focus more on the development of newer formulations targeted at
fighting the effects of skin aging. Rising awareness about skin care has led to
the inclusion of sun protection, anti-aging, and anti-wrinkle properties in skin
care and makeup products.
Although, increased concerns regarding authenticity
of products has been encouraging emerging manufacturers to enter the market;
intense competition may pose a serious challenge to the market growth. High
costs of organic and natural skin care products are also expected to hamper
market growth over the next few years. However, increasing demand for organic
body lotion products, especially in countries like Canada, India, and Mexico,
on account of rising consumer awareness regarding benefits of natural
ingredients like turmeric and neem is expected to have a positive impact on the
market.
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Further
key findings from the study suggest:
• Favorable regulatory support in countries like
India and Mexico encouraging investments at domestic level is expected to open
new avenues for the market in future
• Body lotion is anticipated to be the
fastest-growing product segment at a CAGR of 5.1% from 2019 to 2025
• Face cream segment led the global skin care
products market in 2018 and is projected to expand further during the estimated
period
• The market is characterized by the presence of
major companies, such as L’Oreal S.A, Unilever PLC, Beiseidorf AG, and Colgate
Palmolive
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Table
of Contents
Chapter
1 Methodology and Scope
1.1. Market Segmentation & Scope
1.2. Market Definition
1.3. Information Procurement
1.3.1. Purchased
Database
1.3.2. GVR’s Internal
Database
1.3.3. Secondary
Sources & Third-Party Perspectives
1.3.4. Primary Research
1.4. Information Analysis
1.4.1. Data Analysis
Models
1.5.Market Formulation & Data Visualization
Chapter
2 Executive Summary
2.1. Market Snapshot
2.2. Segmental Outlook
2.3. Competitive Insights
Chapter
3 Skin Care Products - Market Variables, Trends & Scope
3.1. Market Lineage Outlook
3.1.1. Global Personal
Care Products Market
3.1.2. Global Skin Care
Products Market
3.2. Penetration & Growth Prospect Mapping
3.3. Industry Value Chain Analysis
3.3.1 Raw material
trends
3.3.1.1 Soybean
3.3.1.2 Neem
3.3.1.3 Fish oil
3.3.1.4 Xanthan gum
3.3.1.5 Guar gum
3.3.2 Threat from other
demand sources
3.3.3 Identification of
novel raw materials
3.4. Sales/distribution channel analysis
3.4.1 Existing
distribution channels
3.4.2 Identification of
novel distribution channels
3.4.2.1 Trends in
media
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Michelle Thoras
201 Spear Street 1100,
Suite 3036, San Francisco,
CA 94105, United States
Tel: 1-415-349-0054
Toll Free: 1-888-928-9744
Mail: sales@radiantinsights.com