PUBLISHER: MarketLine | PRODUCT CODE: 1511615
PUBLISHER: MarketLine | PRODUCT CODE: 1511615
Global Skincare industry profile provides top-line qualitative and quantitative summary information including: market share, Market size (value and volume 2019-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the Market.
The skincare market consists of the retail sale of facial care, body care, hand care, depilatories, and make-up remover products. The market is valued according to retail selling price (RSP) and includes any applicable taxes. All currency conversions have been made using constant annual average 2023 exchange rates.
The global Skincare market had total revenues of $162,525.8 million in 2023, representing a compound annual growth rate (CAGR) of 3.4% between 2018 and 2023.
Market consumption volume increased with a CAGR of 0.4% between 2018 and 2023, to reach a total of 21,656.1 million units in 2023.
The performance of the market is forecast to accelerate, with an anticipated CAGR of 4% for the five-year period 2023 - 2028, which is expected to drive the market to a value of $197,836.9 million by the end of 2028.