Personalized/Customized Skin Care Market, Opportunity, Growth Drivers, Industry Trend Analysis and Forecast, 2024-2032

Description

Global Personalized/Customized Skin Care Market is projected to grow at a 6.4% CAGR from 2024 to 2032, driven by increasing consumer demand for tailored beauty solutions and advancements in skin care technology. Heightened awareness of skin health and a growing preference for targeted skincare products are propelling the expansion of this market.

New entrants in the industry further bolster this market growth. For example, in June 2023, a global leader in personalization, based in Brooklyn, announced its foray into skincare. The company unveiled a groundbreaking skincare system, featuring AI-driven personalized formulas, backed by scientific research, and designed to adapt to evolving individual needs over time.

The Personalized/Customized Skin Care Industry categorizes its offerings based on product type, category, price range, target consumer, distribution channel, and geographical region.

The face serum segment is anticipated to be a leading category in the personalized skincare market over the forecast period. Face serums are highly sought after due to their concentrated formulations and targeted benefits, addressing specific skin issues such as aging, hydration, and pigmentation. The ability to customize serums based on individual skin assessments contributes to their popularity. Advances in formulation technology and growing consumer awareness about the benefits of personalized serums are expected to drive significant growth in this segment.

The men's skincare segment is experiencing substantial growth as an increasing number of men embrace personalized skin care solutions. Traditionally underserved in the skincare market, men are now seeking products tailored to their specific skin needs, such as anti-aging, hydration, and oil control. Customized skin care solutions designed for men address these concerns effectively, leading to heightened interest and market growth. This shift is driven by changing attitudes towards grooming and a growing emphasis on personal care among men.

In Europe, the personalized/customized skin care market is expected to see notable gains through 2024-2032. The region's well-established beauty industry, coupled with high consumer spending power and a strong focus on skin health, drives market expansion. European consumers are increasingly drawn to bespoke skincare solutions that offer tailored benefits and premium experiences. Additionally, the presence of leading beauty brands and advancements in technology further support the growth of the market in this region. Regulatory support and high standards for product quality also contribute to Europe's robust market performance.

Product Code: 10204

Chapter 1 Methodology and Scope

1.1 Market scope and definitions
1.2 Research design
- 1.2.1 Research approach
- 1.2.2 Data collection methods
1.3 Base estimates and calculations
- 1.3.1 Base year calculation
- 1.3.2 Key trends for market estimation
1.4 Forecast model
- 1.4.1 Primary research and validation
- 1.4.2 Primary sources
- 1.4.3 Data mining sources

Chapter 2 Executive Summary

2.1 Industry 360° synopsis, 2021-2032

Chapter 3 Industry Insights

3.1 Industry ecosystem analysis
- 3.1.1 Factors affecting the value chain
- 3.1.2 Profit margin analysis
- 3.1.3 Disruptions
- 3.1.4 Future outlook
- 3.1.5 Manufacturers
- 3.1.6 Distributors
- 3.1.7 Retailers
3.2 Key news and initiatives
3.3 Regulatory landscape
3.4 Impact forces
- 3.4.1 Growth drivers
  - 3.4.1.1 Increasing consumer demand for personalized products
  - 3.4.1.2 Increasing awareness of skin health
- 3.4.2 Industry pitfalls and challenges
  - 3.4.2.1 High cost of products and services
3.5 Growth potential analysis
3.6 Porter's analysis
3.7 PESTEL analysis

Chapter 4 Competitive Landscape, 2023

4.1 Introduction
4.2 Company market share analysis
4.3 Competitive positioning matrix
4.4 Strategic outlook matrix

Chapter 5 Market Estimates and Forecast, By Product Type, 2021-2032 (USD Billion) (Million Units)

5.1 Key trends
5.2 Cleanser
5.3 Face serum
5.4 Moisturizer
5.5 Active
5.6 Body lotion
5.7 Body duo
5.8 Others (ace masks, lip care, eye creams, etc.)

Chapter 6 Market Estimates and Forecast, By Category, 2021-2032 (USD Billion) (Million Units)

6.1 Key trends
6.2 Face care
6.3 Body care

Chapter 7 Market Estimates and Forecast, By Price Range, 2021-2032 (USD Billion) (Million Units)

7.1 Key trends
7.2 Low
7.3 Medium
7.4 High

Chapter 8 Market Estimates and Forecast, By Consumer Group, 2021-2032 (USD Billion) (Million Units)

8.1 Key trends
8.2 Men
8.3 Women
8.4 Kids

Chapter 9 Market Estimates and Forecast, By Distribution Channel, 2021-2032 (USD Billion) (Million Units)

9.1 Key trends
9.2 Online
9.3 Offline

Chapter 10 Market Estimates and Forecast, By Region, 2021-2032 (USD Billion) (Million Units)

10.1 Key trends
10.2 North America
- 10.2.1 U.S.
- 10.2.2 Canada
10.3 Europe
- 10.3.1 UK
- 10.3.2 Germany
- 10.3.3 France
- 10.3.4 Italy
- 10.3.5 Spain
- 10.3.6 Rest of Europe
10.4 Asia Pacific
- 10.4.1 China
- 10.4.2 India
- 10.4.3 Japan
- 10.4.4 South Korea
- 10.4.5 Indonesia
- 10.4.6 Malaysia
- 10.4.7 Rest of Asia Pacific
10.5 Latin America
- 10.5.1 Brazil
- 10.5.2 Mexico
- 10.5.3 Rest of Latin America
10.6 MEA
- 10.6.1 South Africa
- 10.6.2 Saudi Arabia
- 10.6.3 UAE
- 10.6.4 Rest of MEA

Chapter 11 Company Profiles

11.1 Aptar Beauty+Home
11.2 Atolla
11.3 BareMinerals Made-2-Fit
11.4 BIOeffect
11.5 Curology
11.6 Function of Beauty
11.7 Johnson and Johnson
11.8 Kiehl's Apothecary Preparations
11.9 L'Oreal Perso
11.10 LUMAVERA Custom Blends
11.11 Proven Skincare
11.12 Skin Authority MySkinBuddy
11.13 Skin Inc. My Daily Dose
11.14 SkinCeuticals Custom D.O.S.E
11.15 Urban Natives Pvt. Ltd.
11.16 Younique Uology