Global skin care products market is anticipated to grow at a considerable CAGR of 8.4% during the forecast period (2024-2031). A major factor supporting the growth of the market is the increasing awareness and prioritization of skincare and personal grooming among consumers globally. The increasing millennial population globally is generating huge demand for personalized skincare products. Additionally, the rising trend for skin specific products is promoting key players to introduce new products in the market to lure a large number of customer interest. For instance, in January 2024, Makeup Revolution, the UK-born beauty brand for the masses, expands their complexion portfolio with the introduction of two revolutionary launches - Skin Silk Serum Foundation and Bright Light Face Glow. Both of these much-anticipated complexion launches are set to refresh beauty routines for all, providing innovative and multifunctional formulas that will be available at Ulta and Target, respectively.
Browse the full report description of “Skin Care Products Market Size, Share & Trends Analysis Report by Type (Facial Care, Lip Care and Body Care), by Category (Premium Skincare Products and Mass Skincare Products), and by Distribution Channel (Supermarkets & Hypermarkets, Convenience Stores, Pharmacy & Drugstore and Others) Forecast Period (2024-2031)” at https://www.omrglobal.com/industry-reports/skin-care-products-market
Further, in March 2023, M-A-C Cosmetics, a subsidiary of Estée Lauder, unveiled Locked Kiss Ink, a new line of lip inks. The company asserts that this product offers exceptional longevity and comfort. Similarly, in January 2023, M-A•C Cosmetics introduced Hyper Real Skincare, a series of skincare items including serums, cleansing creams, and cleansers. The collection promises to enhance makeup durability while reinforcing and hydrating the skin barrier. Each product in this range features extracts derived from Japanese peonies.
Market Coverage
• The market number available for – 2023-2031
• Base year- 2023
• Forecast period- 2024-2031
• Segment Covered-
o By Type
o By Category
o By Distribution Channel
• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
• Competitive Landscape- includesAmorepacific Corp., LVMH, Procter & Gamble, Unilever PLC, Colgate-Palmolive Co., and others.
Key questions addressed by the report.
Global Skin Care Products Market Report Segment
By Type
By Category
By Distribution Channel
Global Skin Care Products Market Report Segment by Region
North America
• United States
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific
Rest of the World
• Latin America
• Middle East & Africa
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