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Skincare in Canada- Product Image
Skincare in Canada- Product Image
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Skincare in Canada

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    Report

  • 46 Pages
  • May 2025
  • Region: Canada
  • MarketLine
  • ID: 5992553
Description Jump to:
Skincare in Canada industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

  • The skincare market consists of the retail sale of facial care, body care, hand care, depilatories, and make-up remover products. The market is valued according to retail selling price (RSP) and includes any applicable taxes. All currency conversions have been made using constant annual average 2024 exchange rates.
  • The Canadian Skincare market recorded revenues of $3.03 billion in 2024, representing a compound annual growth rate (CAGR) of 4.8% between 2019-24.
  • Market consumption volume increased with a CAGR of 2.8% between 2019-24, reaching a total of 273.6 million units in 2024.
  • The healthy market growth observed during 2019-24 was primarily driven by the rising urban population, surge in disposable income of individuals, and increasing purchasing power.

Scope

  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the skincare market in Canada
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the skincare market in Canada
  • Leading company profiles reveal details of key skincare market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the Canada skincare market with five year forecasts by both value and volume

Reasons to Buy

  • What was the size of the Canada skincare market by value in 2024?
  • What will be the size of the Canada skincare market in 2029?
  • What factors are affecting the strength of competition in the Canada skincare market?
  • How has the market performed over the last five years?
  • Who are the top competitors in Canada's skincare market?

Table of Contents

1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Market volume
1.4. Market volume forecast
1.5. Category segmentation
1.6. Geography segmentation
1.7. Market share
1.8. Market rivalry
1.9. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
3.2. Market volume
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
4.3. Market distribution
5 Market Outlook
5.1. Market value forecast
5.2. Market volume forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Market share
7.2. Who are the leading players in the Canadian skincare market?
7.3. Which companies have been most successful in increasing their market shares during 2019-24?
7.4. Which companies market shares have suffered over the same period?
7.5. What are the most popular brands in the Canadian skincare market?
8 Company Profiles
8.1. L'Oreal SA
8.2. The Procter & Gamble Co
8.3. The Estee Lauder Companies Inc
8.4. Kenvue Inc
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related research
10.4. About the Publisher
List of Tables
Table 1: Canada skincare market value: $ million, 2019-24
Table 2: Canada skincare market volume: million Units, 2019-24
Table 3: Canada skincare market category segmentation: % share, by value, 2019-24
Table 4: Canada skincare market category segmentation: $ million, 2019-24
Table 5: Canada skincare market geography segmentation: $ million, 2024
Table 6: Canada skincare market distribution: % share, by value, 2024
Table 7: Canada skincare market value forecast: $ million, 2024-29
Table 8: Canada skincare market volume forecast: million Units, 2024-29
Table 9: Canada skincare market share: % share, by value, 2024
Table 10: L'Oreal SA: Key Facts
Table 11: L'Oreal SA: Annual Financial Ratios
Table 12: L'Oreal SA: Key Employees
Table 13: L'Oreal SA: Key Employees Continued
Table 14: The Procter & Gamble Co: Key Facts
Table 15: The Procter & Gamble Co: Annual Financial Ratios
Table 16: The Procter & Gamble Co: Key Employees
Table 17: The Procter & Gamble Co: Key Employees Continued
Table 18: The Estee Lauder Companies Inc: Key Facts
Table 19: The Estee Lauder Companies Inc: Annual Financial Ratios
Table 20: The Estee Lauder Companies Inc: Key Employees
Table 21: Kenvue Inc: Key Facts
Table 22: Kenvue Inc: Annual Financial Ratios
Table 23: Kenvue Inc: Key Employees
Table 24: Canada Size of Population (Million), 2020-24
Table 25: Canada Real GDP (Constant 2010 Prices, $ Billion), 2020-24
Table 26: Canada GDP (Current Prices, $ Billion), 2020-24
Table 27: Canada Inflation, 2020-24
Table 28: Canada Consumer Price Index (Absolute), 2020-24
Table 29: Canada Exchange Rate, 2019-24
List of Figures
Figure 1: Canada skincare market value: $ million, 2019-24
Figure 2: Canada skincare market volume: million Units, 2019-24
Figure 3: Canada skincare market category segmentation: $ million, 2019-24
Figure 4: Canada skincare market geography segmentation: % share, by value, 2024
Figure 5: Canada skincare market distribution: % share, by value, 2024
Figure 6: Canada skincare market value forecast: $ million, 2024-29
Figure 7: Canada skincare market volume forecast: million Units, 2024-29
Figure 8: Forces driving competition in the skincare market in Canada, 2024
Figure 9: Drivers of buyer power in the skincare market in Canada, 2024
Figure 10: Drivers of supplier power in the skincare market in Canada, 2024
Figure 11: Factors influencing the likelihood of new entrants in the skincare market in Canada, 2024
Figure 12: Factors influencing the threat of substitutes in the skincare market in Canada, 2024
Figure 13: Drivers of degree of rivalry in the skincare market in Canada, 2024
Figure 14: Canada skincare market share: % share, by value, 2024

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • L'Oreal SA
  • The Procter & Gamble Co
  • The Estee Lauder Companies Inc
  • Kenvue Inc

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About the Market

The skincare market is a highly competitive industry that focuses on the production and sale of products designed to improve the appearance and health of the skin. These products range from cleansers, moisturizers, and exfoliants to serums, masks, and sunscreens. Skincare products are often formulated with natural ingredients, such as plant extracts, essential oils, and vitamins, as well as synthetic ingredients, such as parabens and sulfates. The skincare market is driven by consumer demand for products that are effective, safe, and affordable. Consumers are increasingly looking for products that are tailored to their individual skin type and concerns. This has led to the emergence of niche skincare brands that specialize in specific skin types and concerns. The skincare market is highly fragmented, with a wide range of companies offering products for different skin types and concerns. Some of the major players in the market include L'Oreal, Estee Lauder, Procter & Gamble, Unilever, Shiseido, and Johnson & Johnson. These companies have established a strong presence in the market through their extensive product portfolios and marketing campaigns. Show Less Read more

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