PUBLISHER: KBV Research | PRODUCT CODE: 1575655
PUBLISHER: KBV Research | PRODUCT CODE: 1575655
The North America Skin Toner Market would witness market growth of 9.9% CAGR during the forecast period (2024-2031). In the year 2020, the North America market's volume surged to 18,865.72 thousand units (100 ml), showcasing a growth of 5.3% (2020-2023).
Conventional skin toners are traditional formulations designed to cleanse, balance, and prepare the skin for further skincare treatments. Typically, these toners contain ingredients such as water, alcohol, and various botanical extracts, aimed at removing residual impurities left after cleansing. They help restore the skin's natural pH balance, which can be disrupted by cleansing products, and often include astringent properties that minimize the appearance of pores and control excess oil production, making them particularly beneficial for oily and acne-prone skin types. Hence, in Canada, it is expected that 1,405.88 thousand units (100 ml) of conventional skin toners would be utilized by the year 2031.
The US market dominated the North America Skin Toner Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $427.5 million by 2031. The Canada market is experiencing a CAGR of 11.9% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 11.3% during (2024 - 2031).
Once viewed as optional in skincare routines, toners have become an essential product for many, driven by changing consumer attitudes, advances in skincare technology, and increasing awareness of their benefits. The shift towards holistic skincare, coupled with a desire for personalized, targeted solutions, has positioned toners as an integral step in achieving optimal skin health. This comprehensive growth in demand can be attributed to various interconnected factors, including rising consumer knowledge, social media influence, e-commerce expansion, and the global inclination towards self-care and wellness.
Consumers today are far more informed about skincare than ever before. As the beauty industry expands, individuals gain greater awareness of their unique skin needs and how different products contribute to overall skin health. This knowledge has resulted in a more discerning customer base eager to invest in products that provide specific benefits, such as pH balancing, hydration, and enhanced absorption of serums and moisturizers. Toners fulfill these roles effectively, often positioned as the bridge between cleansing and moisturizing, ensuring that skin is primed to receive maximum benefits from subsequent products.
The expansion of the middle class in Mexico and increased disposable income have also increased the demand for skin toners. As more individuals can afford personal care products, there has been an increase in the number of people incorporating toners into their skincare routines. The warm climate in Mexico further contributes to the demand for lightweight, refreshing skincare products that provide effective hydration without leaving a heavy or greasy feeling. These factors make the region a promising market for skin toners, presenting lucrative growth opportunities for brands looking to cater to the evolving needs of consumers in North America.
Based on Form, the market is segmented into Fluid, and Mist. Based on Product, the market is segmented into Conventional, and Organic. Based on Gender, the market is segmented into Women, and Men. Based on Distribution Channel, the market is segmented into Hypermarkets & Supermarkets, Specialty Stores, Online, Convenience Stores, and Other Distribution Channel. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
List of Key Companies Profiled
North America Skin Toner Market Report Segmentation
By Form (Volume, Thousand Units, USD Billion, 2020-2031)
By Product (Volume, Thousand Units, USD Billion, 2020-2031)
By Gender (Volume, Thousand Units, USD Billion, 2020-2031)
By Distribution Channel (Volume, Thousand Units, USD Billion, 2020-2031)
By Country (Volume, Thousand Units, USD Billion, 2020-2031)