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Skincare Products 2020-2024 | Presence of Premium Brands to Boost Growth | Technavio

Technavio has been monitoring the skincare products market and it is poised to grow by USD 39.01 billion during 2020-2024, progressing at a CAGR of over 5% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. Request a free sample report

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200228005338/en/

Technavio has announced its latest market research report titled Global Skincare Products Market 2020-2024 (Graphic: Business Wire)

Presence of premium brands has been instrumental in driving the growth of the market. However, availability of counterfeit skincare products might hamper market growth.

Skincare products 2020-2024: Segmentation

Skincare products are segmented as below:


  • Face Skincare Products
  • Body Skincare Products

Product specification

  • Skin Brightening Products
  • Anti-aging Skincare Products
  • Sun Protection Products
  • Moisturizers
  • Others

Distribution channel

  • Offline
  • Online

Geographic segmentation

  • APAC
  • Europe
  • MEA
  • North America
  • South America

To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR41014

Skincare products 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our skincare products report covers the following areas:

  • Skincare products size
  • Skincare products trends
  • Skincare products industry analysis

This study identifies rising demand for multifunctional skincare products as one of the prime reasons driving the skincare products growth during the next few years.

Skincare products 2020-2024: Vendor Analysis

We provide a detailed analysis of around 25 vendors operating in the skincare products, including some of the vendors such as Beiersdorf AG, CHANEL Ltd., Groupe Clarins, Johnson & Johnson Services Inc., LOreal SA, Procter & Gamble, Revlon Consumer Products Corp., Shiseido Co. Ltd., The Estee Lauder Companies and Unilever PLC. Backed with competitive intelligence and benchmarking, our research reports on the skincare products are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.

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Skincare products 2020-2024: Key Highlights

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will assist skincare products growth during the next five years
  • Estimation of the skincare products size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the skincare products
  • Analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of skincare products vendors

Table of Contents:

Executive Summary

  • Market Overview

Market Landscape

  • Market ecosystem
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2019
  • Market outlook: Forecast for 2019 - 2024

Five Forces Analysis

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Product

  • Market segments
  • Comparison by Product placement
  • Face skincare products - Market size and forecast 2019-2024
  • Body skincare products - Market size and forecast 2019-2024
  • Market opportunity by Product

Market Segmentation by Distribution channel

  • Market segments
  • Comparison by Distribution channel placement
  • Offline - Market size and forecast 2019-2024
  • Online - Market size and forecast 2019-2024
  • Market opportunity by Distribution channel

Market Segmentation by Product specification

  • Market segments
  • Comparison by product specification placement
  • Skin brightening products - Market size and forecast 2019-2024
  • Anti aging skincare products - Market size and forecast 2019-2024
  • Sun protection products - Market size and forecast 2019-2024
  • Moisturizers - Market size and forecast 2019-2024
  • Others - Market size and forecast 2019-2024
  • Market opportunity by product specification

Customer landscape

  • Overview

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • APAC - Market size and forecast 2019-2024
  • Europe - Market size and forecast 2019-2024
  • North America - Market size and forecast 2019-2024
  • South America - Market size and forecast 2019-2024
  • MEA - Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity by geography

Drivers, Challenges, and Trends

  • Market drivers
  • Volume driver - Demand led growth
  • Volume driver - Supply led growth
  • Volume driver - External factors
  • Volume driver - Demand shift in adjacent markets
  • Price driver - Inflation
  • Price driver - Shift from lower to higher-priced units
  • Market challenges
  • Market trends

Vendor Landscape

  • Overview
  • Landscape disruption
  • Vendor Analysis

Vendors covered

  • Market positioning of vendors
  • Beiersdorf AG
  • CHANEL Ltd.
  • Groupe Clarins
  • Johnson & Johnson Services Inc.
  • LOreal SA
  • Procter & Gamble
  • Revlon Consumer Products Corp.
  • Shiseido Co. Ltd.
  • The Estee Lauder Companies
  • Unilever PLC


  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

View source version on businesswire.com: https://www.businesswire.com/news/home/20200228005338/en/


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