According to a new market report by Lucintel, the future of the skin care market looks promising with opportunities in the retail and online distribution channels. The global skin care market is expected to grow with a CAGR of 4% from 2021 to 2026. The major drivers for this market are changing lifestyle of consumers, modernization, and increasing demand for natural ingredients in cosmetics.
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In this market, face cream and body lotions are used for skin care. Face cream will remain the largest product type segment due to demand for high quality skin brightening creams, antiaging & sun protection creams, and increasing pollution & personal care routines.
Within the hair care market, retail will remain the largest distribution channel segment during the forecast period due to changes in living standard and consumer buying behavior as they can see and analyze the physical products.
Asia Pacific will remain the largest region during the forecast period due to easy product availability in the region, growing consumer awareness, and increasing disposable income of people.
Estee Lauder Companies, L’Oreal, Shiseido, Kose Corporation, Kao Corporation, Johnson and Johnson, Unilever, and Procter and Gamble Company are among the major skin care manufacturers.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global skin care market by product type, distribution channel, and region. Lucintel has prepared a comprehensive research report titled “Growth Opportunities in the Global Skin Care Market 2021-2026: Trends, Forecast, and Opportunity Analysis.” This Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the global skin care market by product type, distribution channel, and region as follows:
By Product Type [$M shipment analysis for 2015 – 2026]:
Face Cream
Skin Brightening
Antiaging
Sun Protection
Body Lotion
Mass Body Care
Premium Body Care
By Distribution Channel [$M shipment analysis for 2015 – 2026]:
Retail Sale
Online Sale
Others
By Region [$M shipment analysis for 2015 – 2026]:
North America
United States
Canada
Mexico
Europe
Germany
United Kingdom
France
Italy
Asia Pacific
China
Japan
India
South Korea
The Rest of the World
This more than 150 page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or visit us at helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. We offer market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision makers in a variety of industries. For further information, visit www.lucintel.com.