Top skin care products market studies and statistics

 
  • Currently 3/5 Stars.
  • 1
  • 2
  • 3
  • 4
  • 5
13 votes
Share

Global Skin Care Products Industry

 

The world skin care industry expanded by almost 5% in 2010, generating more than $78 billion and a volume of over 11 billion units, reports MarketLine. Between 2010 and 2015, the market is expected to grow by more than 21% to generate almost $95 billion and should reach a volume in excess of 13 billion units. Facial care represents the leading market segment, with more than 64% of overall value. Asia-Pacific represents almost 45% of the global market. L’Oreal holds the top spot with 12% market share.

 

The skin care industry has witnessed a shift from demand from older consumers to a growing younger consumer base. People are beginning to use skin care at an increasingly young age in a bid to delay the signs of aging, while the number of older consumers is beginning to fall, reports Canadean. Skin care companies may adapt their marketing strategies to correct this balance and hold on to their older consumer base.

 

Key Segments

 

  • The world anti-aging products market is expected to be worth almost $292 billion in 2015, according to Global Industry Analysts. This market is expected to benefit from high baby boomer disposable incomes. Anti-aging product sales have remained relatively unaffected by the economic recession. Consumers continue to purchase these products despite the unfavorable economic climate, though they may switch to cheaper alternative products. Moving forward consumers will demand more value for money, with functional and visual benefits proving a high priority for choosing anti-aging products.

 

  • MarketLine predicts the world sun care market will generate almost $9 billion by 2015, representing almost 24% growth in five years. The market is expected to exceed a volume of 1 billion units by 2015. Sun protection is the sun care market’s leading segment, representing more than 66% of overall market value.

 

  • The EU holds close to a 42% share in the overall global sun care market in terms of value. Rising awareness as to the potentially harmful effects of the sun, such as skin cancer, is driving demand for sun protection products. Consumers are also paying greater attention to what ingredients are being used in these products.

 

 

Regional Market Share

 

  • The US cosmetics and toiletries industry enjoyed strong recovery in 2010 following the economic recession, reports RNCOS. Encouraged by this recovery, companies are once again launching new products and services. In 2010, the industry recorded almost 3% growth. As consumer confidence rises, demand for cosmetics and toiletries will fuel sales, and companies will focus their efforts on marketing more expensive products and skin treatments. These efforts involve the manufacture of products boasting superior research and development formulas.

 

  • The US cosmetics and toiletries market is benefitting from rising demand for natural and organic products, with a faster growth rate than that of the overall market. Companies continue to offer consumers innovative products, concentrating on developing environmentally friendly products either made locally or using locally sourced ingredients. Anti-aging products also represent a strong growth area in the US cosmetics and toiletries market.

 

  • China’s cosmetics and toiletries market is led by skincare sales, representing the leading market segment in 2010, according to RNCOS. International players including L’Oreal and Procter & Gamble are topping the Chinese market. Companies compete mainly through product innovation, with domestic and international outfits regularly launching new products. The country’s three leading retailers are international players and collectively hold more than 50% of China’s skincare market, reports Canadean. Private labels represent around 10% of China’s overall cosmetics and toiletries market. This high percentage is due to the large market share held by big retailers like Tesco, Walmart and Carrefour.

 

 

Market Outlook

 

In light of falling consumer confidence due to the economic recession, companies operating in the skin care product market concentrated on offering consumers cheaper alternatives to their usual skincare regimes. Own-brand products also rose in popularity as consumers sought to continue caring for the skin while limiting their spending on non-essential items, according to research from Canadean.

 

As the economy recovers and consumer confidence is restored, consumption patterns are forecast to change again as consumers come back to more expensive products and skin treatments. The trend toward green products and natural ingredients is expected to continue over the coming years.

 

 

Leading Industry Associations

 

Accomplish a thorough analysis of the skin care products industry. Access all the latest reports and analysis.
1-10 of about 200 reports

Global Skin Care Markets

  • March 2015
    6 pages
  • Skin Care  

    Advertising  

  • World  

    India  

View report >

Skin Care Industry in the US Forecast

  • January 2015
    16 pages
  • United States  

View report >

Skin Care Industry in Russia and Asia

  • January 2015
    20 pages
  • Skin Care  

  • Russian Federat  

    Asia  

    Australia  

View report >

Skin Care Markets in Japan

  • September 2013
    5 pages
  • Skin Care  

  • Japan  

    Europe  

View report >

Skin Care Industry in Brazil Forecast

  • January 2014
    10 pages
  • Skin Care  

  • Brazil  

View report >

Skin Care Demand Analysis in China

  • January 2014
    11 pages
  • Skin Care  

  • China  

    Asia  

View report >

Skin Care Industry in Australia

  • January 2015
    8 pages
  • Skin Care  

    Skin Care  

  • Australia  

    United States  

View report >

Skin Care Industry in New Zealand

  • January 2013
    9 pages
  • Skin Care  

  • New Zealand  

    Australia  

    Oceania  

View report >

Sun Care Supply

  • May 2015
    2 pages
  • Sun Care  

    Fish  

View report >


About 1 500 reports

Purchase Reports From Reputable Market Research Publishers
(From € 160 - € 3 836)

Skin Care Products Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2014 - 2020

Skin Care Products Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2014 - 2020

  • € 3 836
  • Industry report
  • March 2015
  • by Transparency Market Research

Skin care products play a crucial role in the daily health care routine. Currently, increasing consumer awareness and beauty consciousness are the major factors driving the demand for skin care products ...

Global Baby Ointment Market 2015-2019

March 2015 € 2 400

Global Baby Health And Personal Care Market 2015-2019

March 2015 € 2 400

Global Baby Wipes Market 2015-2019

February 2015 € 2 400

Global Talcum Powder Industry Report 2015

May 2015 € 2 240

Global Facial Cleanser Industry Report 2015

April 2015 € 2 240

2015 Market Research Report On Global Eye Cream Industr ...

April 2015 € 2 240

Global Facial Mask Industry Report 2015

April 2015 € 2 080

2015 Market Research Report On Global Uv Absorber Indus ...

March 2015 € 2 080

2015 Market Research Report On Global Cc Cream Industry

March 2015 € 2 080

ReportLinker is an award-winning market research solution that finds, filters and organizes the latest industry data so you get all the market research you need - quickly, in one place.