Amid the COVID-19 crisis, the global market for Skin Lighteners estimated at US$8.6 Billion in the year 2020, is projected to reach a revised size of US$12.3 Billion by 2027, growing at a CAGR of 5.2% over the analysis period 2020-2027. Creams, one of the segments analyzed in the report, is projected to record a 5.3% CAGR and reach US$6.6 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Cleanser segment is readjusted to a revised 5.9% CAGR for the next 7-year period.
The U.S. Market is Estimated at $2.3 Billion, While China is Forecast to Grow at 8% CAGR
The Skin Lighteners market in the U.S. is estimated at US$2.3 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$2.5 Billion by the year 2027 trailing a CAGR of 8% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.9% and 4.7% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.3% CAGR.
Mask Segment to Record 4.7% CAGR
In the global Mask segment, USA, Canada, Japan, China and Europe will drive the 4.3% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$961 Million in the year 2020 will reach a projected size of US$1.3 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$1.6 Billion by the year 2027, while Latin America will expand at a 5.7% CAGR through the analysis period. We bring years of research experience to this 17th edition of our report. The 244-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
Competitors identified in this market include, among others:
- Beiersdorf AG
- CavinKare Pvt. Ltd.
- Emami Limited
- Hindustan Unilever Ltd.
- Jolen Inc.
- Kanebo Cosmetics Inc.
- Shiseido Company Limited
- The Procter & Gamble Company
The global analysis and forecast periods covered within the report are 2020-2027 (Current & Future Analysis) and 2012-2019 (Historic Review). Research estimates are provided for 2020, while research projections cover the period 2021-2027.
I. INTRODUCTION, METHODOLOGY & REPORT SCOPE
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
Skin Lightening - A Pervasive Practice
Recent Market Activity
Current & Future Analysis
Culture & Ethnicity Shape the Skin Lighteners Landscape
Skin Lighteners Dominate the Asian Skin Care Market
Competition
Global Competitor Market Shares
Skin Lighteners Competitor Market Share Scenario Worldwide (in %): 2020 & 2029
Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
Beiersdorf AG (Germany)
CavinKare Pvt. Ltd. (India)
Clarins SA (France)
Dabur India Limited (India)
E.T. Browne Drug Company, Inc. (USA)
Emami Limited (India)
Hindustan Unilever Ltd (India)
Jolen, Inc. (USA)
Kao Corporation (Japan)
Kanebo Cosmetics, Inc. (Japan)
Shiseido Company Limited (Japan)
The Procter & Gamble Company (USA)
3. MARKET TRENDS & DRIVERS
Manufacturers Seek New Growth Avenues in Developed Markets
Total Body Whitening Products - Potential Area of Growth
Women No Longer the Only Target Market
New Breed of “Metrosexuals” Spur Growth
Skin Lightening Injections - A Shocking Craze
Anti-Aging Companies Shift Focus to Skin Lighteners Segment
Online Sales Register Strong Growth
Demand for Innovative Ingredients on Rise
Combination of Ingredients Provide Better Results
Natural Skin Lightening Ingredients - The Way Ahead
Lax Regulations, Unsafe Ingredients - Major Areas of Concern
Common Skin Lightening Ingredients by Mechanism of Skin Pigmentation Prevention
4. GLOBAL MARKET PERSPECTIVE
TABLE 1: Skin Lighteners Global Market Estimates and Forecasts in US$ Million by Region/Country: 2020-2027
TABLE 2: Skin Lighteners Global Retrospective Market Scenario in US$ Million by Region/Country: 2012-2019
TABLE 3: Skin Lighteners Market Share Shift across Key Geographies Worldwide: 2012 VS 2020 VS 2027
TABLE 4: Creams (Product Type) World Market by Region/Country in US$ Million: 2020 to 2027
TABLE 5: Creams (Product Type) Historic Market Analysis by Region/Country in US$ Million: 2012 to 2019
TABLE 6: Creams (Product Type) Market Share Breakdown of Worldwide Sales by Region/Country: 2012 VS 2020 VS 2027
TABLE 7: Cleanser (Product Type) Potential Growth Markets Worldwide in US$ Million: 2020 to 2027
TABLE 8: Cleanser (Product Type) Historic Market Perspective by Region/Country in US$ Million: 2012 to 2019
TABLE 9: Cleanser (Product Type) Market Sales Breakdown by Region/Country in Percentage: 2012 VS 2020 VS 2027
TABLE 10: Mask (Product Type) Geographic Market Spread Worldwide in US$ Million: 2020 to 2027
TABLE 11: Mask (Product Type) Region Wise Breakdown of Global Historic Demand in US$ Million: 2012 to 2019
TABLE 12: Mask (Product Type) Market Share Distribution in Percentage by Region/Country: 2012 VS 2020 VS 2027
TABLE 13: Other Product Types (Product Type) World Market Estimates and Forecasts by Region/Country in US$ Million: 2020 to 2027
TABLE 14: Other Product Types (Product Type) Market Historic Review by Region/Country in US$ Million: 2012 to 2019
TABLE 15: Other Product Types (Product Type) Market Share Breakdown by Region/Country: 2012 VS 2020 VS 2027
III. MARKET ANALYSIS
GEOGRAPHIC MARKET ANALYSIS
UNITED STATES
Market Facts & Figures
US Skin Lighteners Market Share (in %) by Company: 2020 & 2025
Market Analytics
TABLE 16: United States Skin Lighteners Market Estimates and Projections in US$ Million by Product Type: 2020 to 2027
TABLE 17: Skin Lighteners Market in the United States by Product Type: A Historic Review in US$ Million for 2012-2019
TABLE 18: United States Skin Lighteners Market Share Breakdown by Product Type: 2012 VS 2020 VS 2027
CANADA
TABLE 19: Canadian Skin Lighteners Market Estimates and Forecasts in US$ Million by Product Type: 2020 to 2027
TABLE 20: Canadian Skin Lighteners Historic Market Review by Product Type in US$ Million: 2012-2019
TABLE 21: Skin Lighteners Market in Canada: Percentage Share Breakdown of Sales by Product Type for 2012, 2020, and 2027
JAPAN
TABLE 22: Japanese Market for Skin Lighteners: Annual Sales Estimates and Projections in US$ Million by Product Type for the Period 2020-2027
TABLE 23: Skin Lighteners Market in Japan: Historic Sales Analysis in US$ Million by Product Type for the Period 2012-2019
TABLE 24: Japanese Skin Lighteners Market Share Analysis by Product Type: 2012 VS 2020 VS 2027
CHINA
TABLE 25: Chinese Skin Lighteners Market Growth Prospects in US$ Million by Product Type for the Period 2020-2027
TABLE 26: Skin Lighteners Historic Market Analysis in China in US$ Million by Product Type: 2012-2019
TABLE 27: Chinese Skin Lighteners Market by Product Type: Percentage Breakdown of Sales for 2012, 2020, and 2027
EUROPE
Market Facts & Figures
European Skin Lighteners Market: Competitor Market Share Scenario (in %) for 2020 & 2025
Market Analytics
TABLE 28: European Skin Lighteners Market Demand Scenario in US$ Million by Region/Country: 2020-2027
TABLE 29: Skin Lighteners Market in Europe: A Historic Market Perspective in US$ Million by Region/Country for the Period 2012-2019
TABLE 30: European Skin Lighteners Market Share Shift by Region/Country: 2012 VS 2020 VS 2027
TABLE 31: European Skin Lighteners Market Estimates and Forecasts in US$ Million by Product Type: 2020-2027
TABLE 32: Skin Lighteners Market in Europe in US$ Million by Product Type: A Historic Review for the Period 2012-2019
TABLE 33: European Skin Lighteners Market Share Breakdown by Product Type: 2012 VS 2020 VS 2027
FRANCE
TABLE 34: Skin Lighteners Market in France by Product Type: Estimates and Projections in US$ Million for the Period 2020-2027
TABLE 35: French Skin Lighteners Historic Market Scenario in US$ Million by Product Type: 2012-2019
TABLE 36: French Skin Lighteners Market Share Analysis by Product Type: 2012 VS 2020 VS 2027
GERMANY
TABLE 37: Skin Lighteners Market in Germany: Recent Past, Current and Future Analysis in US$ Million by Product Type for the Period 2020-2027
TABLE 38: German Skin Lighteners Historic Market Analysis in US$ Million by Product Type: 2012-2019
TABLE 39: German Skin Lighteners Market Share Breakdown by Product Type: 2012 VS 2020 VS 2027
ITALY
TABLE 40: Italian Skin Lighteners Market Growth Prospects in US$ Million by Product Type for the Period 2020-2027
TABLE 41: Skin Lighteners Historic Market Analysis in Italy in US$ Million by Product Type: 2012-2019
TABLE 42: Italian Skin Lighteners Market by Product Type: Percentage Breakdown of Sales for 2012, 2020, and 2027
UNITED KINGDOM
TABLE 43: United Kingdom Market for Skin Lighteners: Annual Sales Estimates and Projections in US$ Million by Product Type for the Period 2020-2027
TABLE 44: Skin Lighteners Market in the United Kingdom: Historic Sales Analysis in US$ Million by Product Type for the Period 2012-2019
TABLE 45: United Kingdom Skin Lighteners Market Share Analysis by Product Type: 2012 VS 2020 VS 2027
SPAIN
TABLE 46: Spanish Skin Lighteners Market Estimates and Forecasts in US$ Million by Product Type: 2020 to 2027
TABLE 47: Spanish Skin Lighteners Historic Market Review by Product Type in US$ Million: 2012-2019
TABLE 48: Skin Lighteners Market in Spain: Percentage Share Breakdown of Sales by Product Type for 2012, 2020, and 2027
RUSSIA
TABLE 49: Russian Skin Lighteners Market Estimates and Projections in US$ Million by Product Type: 2020 to 2027
TABLE 50: Skin Lighteners Market in Russia by Product Type: A Historic Review in US$ Million for 2012-2019
TABLE 51: Russian Skin Lighteners Market Share Breakdown by Product Type: 2012 VS 2020 VS 2027
REST OF EUROPE
TABLE 52: Rest of Europe Skin Lighteners Market Estimates and Forecasts in US$ Million by Product Type: 2020-2027
TABLE 53: Skin Lighteners Market in Rest of Europe in US$ Million by Product Type: A Historic Review for the Period 2012-2019
TABLE 54: Rest of Europe Skin Lighteners Market Share Breakdown by Product Type: 2012 VS 2020 VS 2027
ASIA-PACIFIC
TABLE 55: Asia-Pacific Skin Lighteners Market Estimates and Forecasts in US$ Million by Region/Country: 2020-2027
TABLE 56: Skin Lighteners Market in Asia-Pacific: Historic Market Analysis in US$ Million by Region/Country for the Period 2012-2019
TABLE 57: Asia-Pacific Skin Lighteners Market Share Analysis by Region/Country: 2012 VS 2020 VS 2027
TABLE 58: Skin Lighteners Market in Asia-Pacific by Product Type: Estimates and Projections in US$ Million for the Period 2020-2027
TABLE 59: Asia-Pacific Skin Lighteners Historic Market Scenario in US$ Million by Product Type: 2012-2019
TABLE 60: Asia-Pacific Skin Lighteners Market Share Analysis by Product Type: 2012 VS 2020 VS 2027
AUSTRALIA
TABLE 61: Skin Lighteners Market in Australia: Recent Past, Current and Future Analysis in US$ Million by Product Type for the Period 2020-2027
TABLE 62: Australian Skin Lighteners Historic Market Analysis in US$ Million by Product Type: 2012-2019
TABLE 63: Australian Skin Lighteners Market Share Breakdown by Product Type: 2012 VS 2020 VS 2027
INDIA
TABLE 64: Indian Skin Lighteners Market Estimates and Forecasts in US$ Million by Product Type: 2020 to 2027
TABLE 65: Indian Skin Lighteners Historic Market Review by Product Type in US$ Million: 2012-2019
TABLE 66: Skin Lighteners Market in India: Percentage Share Breakdown of Sales by Product Type for 2012, 2020, and 2027
SOUTH KOREA
TABLE 67: Skin Lighteners Market in South Korea: Recent Past, Current and Future Analysis in US$ Million by Product Type for the Period 2020-2027
TABLE 68: South Korean Skin Lighteners Historic Market Analysis in US$ Million by Product Type: 2012-2019
TABLE 69: Skin Lighteners Market Share Distribution in South Korea by Product Type: 2012 VS 2020 VS 2027
REST OF ASIA-PACIFIC
TABLE 70: Rest of Asia-Pacific Market for Skin Lighteners: Annual Sales Estimates and Projections in US$ Million by Product Type for the Period 2020-2027
TABLE 71: Skin Lighteners Market in Rest of Asia-Pacific: Historic Sales Analysis in US$ Million by Product Type for the Period 2012-2019
TABLE 72: Rest of Asia-Pacific Skin Lighteners Market Share Analysis by Product Type: 2012 VS 2020 VS 2027
LATIN AMERICA
TABLE 73: Latin American Skin Lighteners Market Trends by Region/Country in US$ Million: 2020-2027
TABLE 74: Skin Lighteners Market in Latin America in US$ Million by Region/Country: A Historic Perspective for the Period 2012-2019
TABLE 75: Latin American Skin Lighteners Market Percentage Breakdown of Sales by Region/Country: 2012, 2020, and 2027
TABLE 76: Latin American Skin Lighteners Market Growth Prospects in US$ Million by Product Type for the Period 2020-2027
TABLE 77: Skin Lighteners Historic Market Analysis in Latin America in US$ Million by Product Type: 2012-2019
TABLE 78: Latin American Skin Lighteners Marketby Product Type: Percentage Breakdown of Sales for 2012, 2020, and 2027
ARGENTINA
TABLE 79: Argentinean Skin Lighteners Market Estimates and Forecasts in US$ Million by Product Type: 2020-2027
TABLE 80: Skin Lighteners Market in Argentina in US$ Million by Product Type: A Historic Review for the Period 2012-2019
TABLE 81: Argentinean Skin Lighteners Market Share Breakdown by Product Type: 2012 VS 2020 VS 2027
BRAZIL
TABLE 82: Skin Lighteners Market in Brazil by Product Type: Estimates and Projections in US$ Million for the Period 2020-2027
TABLE 83: Brazilian Skin Lighteners Historic Market Scenario in US$ Million by Product Type: 2012-2019
TABLE 84: Brazilian Skin Lighteners Market Share Analysis by Product Type: 2012 VS 2020 VS 2027
MEXICO
TABLE 85: Skin Lighteners Market in Mexico: Recent Past, Current and Future Analysis in US$ Million by Product Type for the Period 2020-2027
TABLE 86: Mexican Skin Lighteners Historic Market Analysis in US$ Million by Product Type: 2012-2019
TABLE 87: Mexican Skin Lighteners Market Share Breakdown by Product Type: 2012 VS 2020 VS 2027
REST OF LATIN AMERICA
TABLE 88: Rest of Latin America Skin Lighteners Market Estimates and Projections in US$ Million by Product Type: 2020 to 2027
TABLE 89: Skin Lighteners Market in Rest of Latin America by Product Type: A Historic Review in US$ Million for 2012-2019
TABLE 90: Rest of Latin America Skin Lighteners Market Share Breakdown by Product Type: 2012 VS 2020 VS 2027
MIDDLE EAST
TABLE 91: The Middle East Skin Lighteners Market Estimates and Forecasts in US$ Million by Region/Country: 2020-2027
TABLE 92: Skin Lighteners Market in the Middle East by Region/Country in US$ Million: 2012-2019
TABLE 93: The Middle East Skin Lighteners Market Share Breakdown by Region/Country: 2012, 2020, and 2027
TABLE 94: The Middle East Skin Lighteners Market Estimates and Forecasts in US$ Million by Product Type: 2020 to 2027
TABLE 95: The Middle East Skin Lighteners Historic Marketby Product Type in US$ Million: 2012-2019
TABLE 96: Skin Lighteners Market in the Middle East: Percentage Share Breakdown of Salesby Product Type for 2012,2020, and 2027
IRAN
TABLE 97: Iranian Market for Skin Lighteners: Annual Sales Estimates and Projections in US$ Million by Product Type for the Period 2020-2027
TABLE 98: Skin Lighteners Market in Iran: Historic Sales Analysis in US$ Million by Product Type for the Period 2012-2019
TABLE 99: Iranian Skin Lighteners Market Share Analysis by Product Type: 2012 VS 2020 VS 2027
ISRAEL
TABLE 100: Israeli Skin Lighteners Market Estimates and Forecasts in US$ Million by Product Type: 2020-2027
TABLE 101: Skin Lighteners Market in Israel in US$ Million by Product Type: A Historic Review for the Period 2012-2019
TABLE 102: Israeli Skin Lighteners Market Share Breakdown by Product Type: 2012 VS 2020 VS 2027
SAUDI ARABIA
TABLE 103: Saudi Arabian Skin Lighteners Market Growth Prospects in US$ Million by Product Type for the Period 2020-2027
TABLE 104: Skin Lighteners Historic Market Analysis in Saudi Arabia in US$ Million by Product Type: 2012-2019
TABLE 105: Saudi Arabian Skin Lighteners Market by Product Type: Percentage Breakdown of Sales for 2012, 2020, and 2027
UNITED ARAB EMIRATES
TABLE 106: Skin Lighteners Market in the United Arab Emirates: Recent Past, Current and Future Analysis in US$ Million by Product Type for the Period 2020-2027
TABLE 107: United Arab Emirates Skin Lighteners Historic Market Analysis in US$ Million by Product Type: 2012-2019
TABLE 108: Skin Lighteners Market Share Distribution in United Arab Emirates by Product Type: 2012 VS 2020 VS 2027
REST OF MIDDLE EAST
TABLE 109: Skin Lighteners Market in Rest of Middle East: Recent Past, Current and Future Analysis in US$ Million by Product Type for the Period 2020-2027
TABLE 110: Rest of Middle East Skin Lighteners Historic Market Analysis in US$ Million by Product Type: 2012-2019
TABLE 111: Rest of Middle East Skin Lighteners Market Share Breakdown by Product Type: 2012 VS 2020 VS 2027
AFRICA
TABLE 112: African Skin Lighteners Market Estimates and Projections in US$ Million by Product Type: 2020 to 2027
TABLE 113: Skin Lighteners Market in Africa by Product Type: A Historic Review in US$ Million for 2012-2019
TABLE 114: African Skin Lighteners Market Share Breakdown by Product Type: 2012 VS 2020 VS 2027
IV. COMPETITION
Total Companies Profiled: 100
