Global Skincare Products Market 2022-2026
Technavio has been monitoring the skincare products market and it is poised to grow by $32.53 bn during 2022-2026, accelerating at a CAGR of 4.49% during the forecast period. Our report on the skincare products market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis of the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the growing adoption of home salon and spa services, rising demand for multifunctional skincare products, and the presence of premium brands.
The skincare products market analysis includes the product and distribution channel segments and geographic landscape.
Technavio's skincare products market is segmented as below:
- Anti-aging skincare products
- Skin brightening products
- Sun protection products
By Distribution Channel
By Geographical Landscape
- North America
- South America
- Middle East and Africa
This study identifies the increasing r and d activities and introduction of new products as one of the prime reasons driving the skincare products market growth during the next few years. Also, growing demand for CBD skincare products and growing preference for organic skincare products will lead to sizable demand in the market.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on skincare products market covers the following areas:
- Skincare products market sizing
- Skincare products market forecast
- Skincare products market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading skincare products market vendors that include Amway Corp., Avon Beauty Products India Pvt Ltd, Bare Necessities Zero Waste Solutions Pvt. Ltd, Beiersdorf Aktiengesellschaft, Botanic Organic Products LLC, Colgate Palmolive Co., Coty Inc., Emami Ltd, Johnson and Johnson, Kao Corp, LOreal SA, Natura and CO Holding SA, Patanjali Ayurved Ltd., Revlon Inc, Shiseido Co. Ltd, The Estee Lauder Co. Inc., The Himalaya Drug Co, Unilever PLC, VLCC International LLC, and The Procter and Gamble Co. Also, the skincare products market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.