The global skin lightening products market is projected to grow at a significant CAGR during the forecast period. Skin lightening products are used for lightening the complexion of the skin through artificial means such as creams & lotions, face masks, cleansers &toners, and others. Spending on beauty procedures is on a significant rise throughout the globe. Urbanization is leading to a modern lifestyle which has urged individuals to focus on physical appearance, thus more and more individuals are opting for various beauty products including skin lightening products. Further, the increasing obsession with physical appearance, rising disposable income, and the availability of advanced & user-friendly products are the major factors that have played an imperative role in the increased spending on beauty products. This in turn, has enhanced the overall growth of the market during the forecast period.
Segmental Outlook
The global skin lightening products market is segmented on the basis of product type, nature, and distribution channel. Based on the product type, the market is segmented into creams & lotions, face masks, cleansers & toners, and others. Based on nature, the market is segmented into conventional skin lightening products and organic skin lightening products. Based on the distribution channel segment, the market is bifurcated into retail & supermarket and online channels.
Global Skin lightening products Market by Product Type, 2019 (%)
Cream & Lotion Segment is Projected to Register Significant Market Growth
Amongst the product type segment of the market, the cream & lotion segment is projected to register a significant growth in the market. The segmental growth of the market is attributed to the availability of a wide range of products. Creams & lotions have a smooth application that allows easy penetration in the skin, which drives the segmental growth of the market over the forecast period. Further, companies are also indulged in the rapid R&D in order to develop advanced skin lightening creams and lotion which drives the segmental growth of the market.
Regional Outlook
The global skin lightening products market is geographically segmented into North America, Europe, Asia-Pacific, and the Rest of the World. North America region is estimated to grow significantly during the forecast period. The growth of the region is backed by several factors including the presence of the key players operating in the region such as Johnson & Johnson Services Inc., Procter & Gamble Co., and others.
Further, Asia-Pacific is estimated to exhibit significant growth oeing to a wide range of availability of products and increased penetration of sales channels across the region. Moreover, the Asian skin tones have increased visibility of hyperpigmentation, which in turn, demands skin lighteners across different cosmetic items. Thus, the skin lightening products are likely to have a significant market share in Asia-Pacific, which is projected to fuel the overall growth for the skin lighteners market during the forecast period.
Global Skin lightening products Market by Region, 2019 (%)
Market Players Outlook
Some of the prominent players operating in the global skin lightening products market include L’Oreal S.A., Beiersdorf AG, Shiseido Co., Himalaya Global Holdings Ltd., Dabur India Ltd., Johnson & Johnson Services Inc., Procter & Gamble Co., and Unilever PLC. These companies are adopting several organic and inorganic growth strategies such as product launches & developments, partnerships, agreements, and acquisitions to strengthen their product portfolios and maintain a competitive position in the global skin lightening products market.
However, these players have been target of criticism in the wake of Floyd's demise following his arrest in Minneapolis. To deal with such criticisms, the players are making efforts and taking special moves so as to maintain their brand image. For instance, in June 2020, L’Oreal announced to remove words such as “whitening” from its skin care products, a move that comes amid global protests against racism.
The Report Covers
1. Report Summary
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Geography
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
2.3. Rules & Regulations
3. Competitive Landscape
3.1. Key Company Analysis
3.1.1. L'Oréal S.A.
3.1.1.1. Overview
3.1.1.2. Financial Analysis
3.1.1.3. SWOT Analysis
3.1.1.4. Recent Developments
3.1.2. Beiersdorf AG
3.1.2.1. Overview
3.1.2.2. Financial Analysis
3.1.2.3. SWOT Analysis
3.1.2.4. Recent Developments
3.1.3. Shiseido Co.
3.1.3.1. Overview
3.1.3.2. Financial Analysis
3.1.3.3. SWOT Analysis
3.1.3.4. Recent Developments
3.1.4. Himalaya Global Holdings Ltd.
3.1.4.1. Overview
3.1.4.2. Financial Analysis
3.1.4.3. SWOT Analysis
3.1.4.4. Recent Developments
3.2. Key Strategy Analysis
4. Market Determinants
4.1. Motivators
4.2. Restraints
4.3. Opportunities
5. Market Segmentation
5.1. Global Skin Lightening Products Market by Product Type
5.1.1. Creams and Lotions
5.1.2. Face Masks
5.1.3. Cleansers and Toners
5.1.4. Others
5.2. Global Skin Lightening Products Market by Nature
5.2.1. Conventional
5.2.2. Organic
5.3. Global Skin Lightening Products Market by Distribution Channel
5.3.1. Retail & Supermarkets
5.3.2. Online Channels
6. Regional Analysis
6.1. North America
6.1.1. United States
6.1.2. Canada
6.2. Europe
6.2.1. UK
6.2.2. Germany
6.2.3. Italy
6.2.4. Spain
6.2.5. France
6.2.6. Rest of Europe
6.3. Asia-Pacific
6.3.1. China
6.3.2. India
6.3.3. Japan
6.3.4. Rest of Asia-Pacific
6.4. Rest of the World
7. Company Profiles
7.1. Amax Holdings
7.2. Avon Products Inc.
7.3. Beiersdorf AG
7.4. Clarins Group
7.5. Dabur India Ltd.
7.6. Emami Group
7.7. Estée Lauder Companies Inc.
7.8. Himalaya Global Holdings Ltd.
7.9. Johnson & Johnson Services Inc.
7.10. Kanebo Cosmetics Inc.
7.11. Kao Corp.
7.12. KOSÉ Corp.
7.13. L’Oreal S.A.
7.14. Lotus Herbals Pvt. Ltd.
7.15. Procter & Gamble Co.
7.16. Shiseido Co.
7.17. Unilever PLC
7.18. VLCC Health Care Ltd.
1. GLOBAL SKIN LIGHTENING PRODUCTS MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2019-2026 ($ MILLION)
2. GLOBAL SKIN LIGHTENING CREAMS &LOTIONS MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
3. GLOBAL SKIN LIGHTENING FACE MASKS MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
4. GLOBAL SKIN LIGHTENING CLEANSERS &TONERS MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
5. GLOBAL OTHER SKIN LIGHTENING PRODUCTS MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
6. GLOBAL SKIN LIGHTENING PRODUCTS MARKET RESEARCH AND ANALYSIS BY NATURE, 2019-2026 ($ MILLION)
7. GLOBAL CONVENTIONAL SKIN LIGHTENING PRODUCTS MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
8. GLOBAL ORGANIC SKIN LIGHTENING PRODUCTS MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
9. GLOBAL SKIN LIGHTENING PRODUCTS MARKET RESEARCH AND ANALYSIS BY DISTRIBUTION CHANNEL, 2019-2026 ($ MILLION)
10. GLOBAL SKIN LIGHTENING PRODUCTS AT RETAIL & SUPERMARKETS MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
11. GLOBAL SKIN LIGHTENING PRODUCTS AT ONLINE CHANNELS MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
12. GLOBAL SKIN LIGHTENING PRODUCTS MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2019-2026 ($ MILLION)
13. NORTH AMERICAN SKIN LIGHTENING PRODUCTS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2019-2026 ($ MILLION)
14. NORTH AMERICAN SKIN LIGHTENING PRODUCTS MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2019-2026 ($ MILLION)
15. NORTH AMERICAN SKIN LIGHTENING PRODUCTS MARKET RESEARCH AND ANALYSIS BY NATURE, 2019-2026 ($ MILLION)
16. NORTH AMERICAN SKIN LIGHTENING PRODUCTS MARKET RESEARCH AND ANALYSIS BY DISTRIBUTION CHANNEL, 2019-2026 ($ MILLION)
17. EUROPEAN SKIN LIGHTENING PRODUCTS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2019-2026 ($ MILLION)
18. EUROPEAN SKIN LIGHTENING PRODUCTS MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2019-2026 ($ MILLION)
19. EUROPEAN SKIN LIGHTENING PRODUCTS MARKET RESEARCH AND ANALYSIS BY NATURE, 2019-2026 ($ MILLION)
20. EUROPEAN SKIN LIGHTENING PRODUCTS MARKET RESEARCH AND ANALYSIS BY DISTRIBUTION CHANNEL, 2019-2026 ($ MILLION)
21. ASIA-PACIFIC SKIN LIGHTENING PRODUCTS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2019-2026 ($ MILLION)
22. ASIA-PACIFIC SKIN LIGHTENING PRODUCTS MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2019-2026 ($ MILLION)
23. ASIA-PACIFIC SKIN LIGHTENING PRODUCTS MARKET RESEARCH AND ANALYSIS BY NATURE, 2019-2026 ($ MILLION)
24. ASIA-PACIFIC SKIN LIGHTENING PRODUCTS MARKET RESEARCH AND ANALYSIS BY DISTRIBUTION CHANNEL, 2019-2026 ($ MILLION)
25. REST OF THE WORLD SKIN LIGHTENING PRODUCTS MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2019-2026 ($ MILLION)
26. REST OF THE WORLD SKIN LIGHTENING PRODUCTS MARKET RESEARCH AND ANALYSIS BY NATURE, 2019-2026 ($ MILLION)
27. REST OF THE WORLD SKIN LIGHTENING PRODUCTS MARKET RESEARCH AND ANALYSIS BY DISTRIBUTION CHANNEL, 2019-2026 ($ MILLION)
1. GLOBAL SKIN LIGHTENING PRODUCTS MARKET SHARE BY PRODUCT TYPE, 2019 VS 2026 (%)
2. GLOBAL SKIN LIGHTENING PRODUCTS MARKET SHARE BY NATURE, 2019 VS 2026 (%)
3. GLOBAL SKIN LIGHTENING PRODUCTS MARKET SHARE BY DISTRIBUTION CHANNEL, 2019 VS 2026 (%)
4. GLOBAL SKIN LIGHTENING PRODUCTS MARKET SHARE BY GEOGRAPHY, 2019 VS 2026 (%)
5. US SKIN LIGHTENING PRODUCTS MARKET SIZE, 2019-2026 ($ MILLION)
6. CANADA SKIN LIGHTENING PRODUCTS MARKET SIZE, 2019-2026 ($ MILLION)
7. UK SKIN LIGHTENING PRODUCTS MARKET SIZE, 2019-2026 ($ MILLION)
8. FRANCE SKIN LIGHTENING PRODUCTS MARKET SIZE, 2019-2026 ($ MILLION)
9. GERMANY SKIN LIGHTENING PRODUCTS MARKET SIZE, 2019-2026 ($ MILLION)
10. ITALY SKIN LIGHTENING PRODUCTS MARKET SIZE, 2019-2026 ($ MILLION)
11. SPAIN SKIN LIGHTENING PRODUCTS MARKET SIZE, 2019-2026 ($ MILLION)
12. ROE SKIN LIGHTENING PRODUCTS MARKET SIZE, 2019-2026 ($ MILLION)
13. INDIA SKIN LIGHTENING PRODUCTS MARKET SIZE, 2019-2026 ($ MILLION)
14. CHINA SKIN LIGHTENING PRODUCTS MARKET SIZE, 2019-2026 ($ MILLION)
15. JAPAN SKIN LIGHTENING PRODUCTS MARKET SIZE, 2019-2026 ($ MILLION)
16. REST OF ASIA-PACIFIC SKIN LIGHTENING PRODUCTS MARKET SIZE, 2019-2026 ($ MILLION)
17. REST OF THE WORLD SKIN LIGHTENING PRODUCTS MARKET SIZE, 2019-2026 ($ MILLION)