Opportunities in the Global Skincare Sector
Summary
The global skincare sector was valued at US$129.6 billion in 2018, led by the Asia-Pacific and Americas regions with 54.7% and 21.5% value shares, respectively. An improving global economy, coupled with falling unemployment rates and the subsequent rises in consumer purchase power will remain the major macroeconomic factors driving the sector globally.The top 10 high potential countries - Canada, The United States, Mexico, China, South Korea, Poland, Russia, Saudi Arabia, Germany, and the Netherlands - accounted for a combined 58.7% share of total value sales in 2018.The overall share of private label products in the global skincare sector reached US$5.2 billion in 2018, up from US$4.7 billion in 2013.Hypermarkets & supermarkets was the leading distribution channel for the global skincare sector, with a value share of 23% in 2018, followed by health & beauty stores with a 17.3% share.Rigid Plastics was the most commonly used pack material in the skincare sector, accounting for 51.8% of the volume share in 2018.
This report brings together multiple data sources to provide a comprehensive overview of the global skincare industry. It includes analysis on the following -
Industry overview: Provides an overview of current industry scenario regarding the future outlook in terms of ingredients, product claims, labeling, and packaging. The analysis also covers regional overview across five regions - Asia-Pacific, Middle East & Africa, Americas, Western Europe, and Eastern Europe - highlighting industry size, growth drivers, latest developments, and future inhibitors for the region.
Change in consumption: Provides a shift in the consumption of various sectors within the skincare industry during 2013-2023 at global and regional level.
High potential countries: Provides Risk-Reward analysis of top ten high potential countries by region, based on market assessment, economic development, socio-demographic, governance indicators, and technological infrastructure.
Country and regional analysis: Provides deep-dive analysis of 10 high potential countries across the regions covering value growth during 2018-2023, key challenges, consumer demographics, and key trends. It also includes regional analysis covering future outlook for the region.
Competitive landscape: Provides an overview of leading brands at global and regional level, besides analyzing the product profile, country level presence, market share, and growth of private labels in each region.
Key distribution channels: Provides analysis on the leading distribution channels in the global skincare sector in 2018. It covers four distribution channels: hypermarkets & supermarkets, convenience stores, food & drinks specialists, and others, which includes cash & carries and warehouse clubs, ‘dollar stores’, department stores, e-retailers, and general retailers.
Preferred packaging formats: The report provides percentage share (in 2018) and growth analysis (during 2013-2023) for various package materials, pack type, closure type, and primary outer types based on the volume sales (by pack units) of skincare products.
Scope
Reasons to Buy
Summary
The global skincare sector was valued at US$129.6 billion in 2018, led by the Asia-Pacific and Americas regions with 54.7% and 21.5% value shares, respectively. An improving global economy, coupled with falling unemployment rates and the subsequent rises in consumer purchase power will remain the major macroeconomic factors driving the sector globally.The top 10 high potential countries - Canada, The United States, Mexico, China, South Korea, Poland, Russia, Saudi Arabia, Germany, and the Netherlands - accounted for a combined 58.7% share of total value sales in 2018.The overall share of private label products in the global skincare sector reached US$5.2 billion in 2018, up from US$4.7 billion in 2013.Hypermarkets & supermarkets was the leading distribution channel for the global skincare sector, with a value share of 23% in 2018, followed by health & beauty stores with a 17.3% share.Rigid Plastics was the most commonly used pack material in the skincare sector, accounting for 51.8% of the volume share in 2018.
This report brings together multiple data sources to provide a comprehensive overview of the global skincare industry. It includes analysis on the following -
Industry overview: Provides an overview of current industry scenario regarding the future outlook in terms of ingredients, product claims, labeling, and packaging. The analysis also covers regional overview across five regions - Asia-Pacific, Middle East & Africa, Americas, Western Europe, and Eastern Europe - highlighting industry size, growth drivers, latest developments, and future inhibitors for the region.
Change in consumption: Provides a shift in the consumption of various sectors within the skincare industry during 2013-2023 at global and regional level.
High potential countries: Provides Risk-Reward analysis of top ten high potential countries by region, based on market assessment, economic development, socio-demographic, governance indicators, and technological infrastructure.
Country and regional analysis: Provides deep-dive analysis of 10 high potential countries across the regions covering value growth during 2018-2023, key challenges, consumer demographics, and key trends. It also includes regional analysis covering future outlook for the region.
Competitive landscape: Provides an overview of leading brands at global and regional level, besides analyzing the product profile, country level presence, market share, and growth of private labels in each region.
Key distribution channels: Provides analysis on the leading distribution channels in the global skincare sector in 2018. It covers four distribution channels: hypermarkets & supermarkets, convenience stores, food & drinks specialists, and others, which includes cash & carries and warehouse clubs, ‘dollar stores’, department stores, e-retailers, and general retailers.
Preferred packaging formats: The report provides percentage share (in 2018) and growth analysis (during 2013-2023) for various package materials, pack type, closure type, and primary outer types based on the volume sales (by pack units) of skincare products.
Scope
- Provides an overview of current industry scenario regarding the future outlook in terms of ingredients, product claims, labeling, and packaging. The analysis also covers regional overview across five regions - Asia-Pacific, Middle East & Africa, Americas, Western Europe, and Eastern Europe - highlighting industry size, growth drivers, latest developments, and future inhibitors for the regions.
Reasons to Buy
- To have a thorough fact based analysis with information about the global skincare industry across the five regions in value terms and the underlying factors that are driving the sales
- To gain confidence to make the correct business decisions based on a detailed analysis of the skincare industry and to identify high potential countries over the next 5 years
- The analysts have placed a significant emphasis on the mega trends that drive consumer choice and will provide a clear picture about the future opportunities that can be explored across the regions, resulting in revenue expansion
- To gain competitive intelligence about leading brands in the skincare industry at global and regional level with information about their sector share, business descriptions and product profiles
Table of Contents
- Executive Summary
- Industry Overview
- Current scenario and future outlook
- Global skincare industry overview - what are the growth drivers, latest developments, and future inhibitors
- Regional skincare industry overview - what are the growth drivers, latest developments, and future inhibitors
- Key challenges in the global skincare industry
- Shift in skincare Consumption Patterns
- Change in consumption levels in the skincare categories, 2013-2023
- Change in consumption levels across regions
- Identifying high potential countries
- Analysis of 10 countries on the basis of Risk-Reward analysis (market assessment, economic development,
- socio-demographic, governance indicators, and technological infrastructure)
- Analysis across regions - Asia-Pacific, MEA, Americas, Western Europe and Eastern Europe
- High potential country analysis
- Future outlook
- Case Studies
- Competitive Landscape
- Leading brands by region
- Leading brands by sector
- Market Share of Private Label
- Key Distribution Channels
- Share of key distribution channels - global and regional level
- Key Packaging Formats
- Analysis on use of key package material, pack type, closure, and primary outer type
- Appendix
List of Tables
- Change in consumption levels in the overall cosmetics & toiletries industry, 2013-2023
- Change in consumption levels in the overall cosmetics & toiletries industry - Asia-Pacific, 2013-2023
- Change in consumption levels in the overall cosmetics & toiletries industry - Middle East & Africa, 2013-2023
- Change in consumption levels in the overall cosmetics & toiletries industry - Americas, 2013-2023
- Change in consumption levels in the overall cosmetics & toiletries industry - Western Europe, 2013-2023
- Change in consumption levels in the overall cosmetics & toiletries industry - Eastern Europe, 2013-2023
- Identifying high potential countries, Risk-Reward analysis
- Skincare categories with % value share - China, 2018
- Skincare categories with % value share - South Korea, 2018
- Skincare categories with % value share - Saudi Arabia, 2018
- Skincare categories with % value share - Canada, 2018
- Skincare categories with % value share - The US, 2018
- Skincare categories with % value share - Mexico, 2018
- Skincare categories with % value share - The Netherlands, 2018
- Skincare categories with % value share - Germany, 2018
- Skincare categories with % value share - Poland, 2018
- Skincare categories with % value share - Russia, 2018
- Key Brands - Body Care, 2018
- Key Brands - Depilatories, 2018
- Key Brands - Facial Care, 2018
- Key Brands - Hand Care, 2018
- Key Brands - Make-Up Remover, 2018
- Private label value and share by region, 2013-2018
- Private label value and share by category, 2013-2018
- Leading distribution channels by region (% share by value), 2018
List of Figures
- Key categories by value (US$ million), 2018 vs. 2023 - Global
- Key categories by value (US$ million), 2018 vs. 2023 - Asia-Pacific
- Key categories by value (US$ million), 2018 vs. 2023 - Middle East & Africa
- Key categories by value (US$ million), 2018 vs. 2023 - Americas
- Key categories by value (US$ million), 2018 vs. 2023 - Western Europe
- Key categories by value (US$ million), 2018 vs. 2023 - Eastern Europe
- Key pack material volume share (%), 2018
- Annual volume growth by pack material (%), 2013-2023
- Key pack type volume share (%), 2018
- Annual volume growth by pack type (%), 2013-2023
- Key closure type volume share (%), 2018
- Annual volume growth by closure type (%), 2013-2023
- Key primary outer type volume share (%), 2018
- Annual volume growth by primary outer type (%), 2013-2023
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- L`Oreal S.A.
- Beiersdorf Ag
- Unilever
- Procter & Gamble
- KOSE Corporation
- Shiseido Company Limited
- The Estee Lauder Companies Inc.
- Johnson & Johnson Services Inc
- Amorepacific Corporation
- Mary Kay Inc.
