Sweden Microbiome Skincare Products Market Size & Outlook
Sweden microbiome skincare products market, 2018-2030 (US$M)
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Sweden microbiome skincare products market highlights
- The Sweden microbiome skincare products market generated a revenue of USD 2.8 million in 2023 and is expected to reach USD 5.6 million by 2030.
- The Sweden market is expected to grow at a CAGR of 10.5% from 2024 to 2030.
- In terms of segment, creams was the largest revenue generating product in 2023.
- Serums is the most lucrative product segment registering the fastest growth during the forecast period.
Microbiome skincare products market data book summary
| Market revenue in 2023 | USD 2.8 million |
| Market revenue in 2030 | USD 5.6 million |
| Growth rate | 10.5% (CAGR from 2023 to 2030) |
| Largest segment | Creams |
| Fastest growing segment | Serums |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Serums, Creams, Masks |
| Key market players worldwide | L'Oreal SA, Unilever PLC, BioGaia AB Class B, AMOREPACIFIC, Amyris, Missha, Eminence Organics, Aveeno, Elizabeth Arden, Glowbiotics, Gallinée |
Other key industry trends
- In terms of revenue, Sweden accounted for 0.7% of the global microbiome skincare products market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, UK microbiome skincare products market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 44.4 million by 2030.
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Microbiome Skincare Products Market Scope
Microbiome Skincare Products Market Companies
| Name | Profile | # Employees | HQ | Website |
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Sweden microbiome skincare products market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to microbiome skincare products market will help companies and investors design strategic landscapes.
Creams was the largest segment with a revenue share of 39.29% in 2023. Horizon Databook has segmented the Sweden microbiome skincare products market based on serums, creams, masks covering the revenue growth of each sub-segment from 2018 to 2030.
According to the OECD, Sweden’s substantial healthcare expenditure, which accounted for approximately 11.2% of its GDP in 2021, presents a significant opportunity for the microbiome skincare products market.
The demand for advanced and efficient skincare products is notable within this healthcare landscape. The emphasis on healthcare quality and technological innovation aligns with the potential for skincare products to play a significant role in aesthetic settings.
Furthermore, the Swedish population’s high living standards and disposable income levels contribute to a strong interest in personal grooming and aesthetics. This, in turn, fosters a growing demand for skincare treatments that are effective, comfortable, and convenient.
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Our clientele includes a mix of microbiome skincare products market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Sweden microbiome skincare products market , including forecasts for subscribers. This country databook contains high-level insights into Sweden microbiome skincare products market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Sweden microbiome skincare products market size, by product, 2018-2030 (US$M)
Sweden Microbiome Skincare Products Market Outlook Share, 2023 & 2030 (US$M)
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