Global Skin Care Products Market Size & Outlook, 2022-2030
The skin care products industry worldwide is expected to reach a projected revenue of US$ 313.2 billion by 2030. A compound annual growth rate of 7.4% is expected of the worldwide skin care products industry from 2023 to 2030.
Revenue, 2022 (US$B)
$176.3
Forecast, 2030 (US$B)
$313.2
CAGR, 2023 - 2030
7.4%
Report Coverage
Worldwide
Global skin care products market, 2018-2030 (US$B)
Related Markets
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Global skin care products market highlights
- The global skin care products market generated a revenue of USD 176.3 billion in 2022 and is expected to reach USD 313.2 billion by 2030.
- The market is expected to grow at a CAGR (2023 - 2030) of 7.4% by 2030.
- In terms of segment, conventional accounted for a revenue of USD 139.3 billion in 2022.
- Organic is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2022.
- Country-wise, India is expected to register the highest CAGR from 2023 to 2030.
Global data book summary
| Market revenue in 2022 | USD 176.3 billion |
| Market revenue in 2030 | USD 313.2 billion |
| Growth rate | 7.4% (CAGR from 2023 to 2030) |
| Largest segment | Conventional |
| Fastest growing segment | Organic |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD billion |
| Market segmentation | Conventional, Organic |
Other key industry trends
- In terms of revenue, the North America accounted for 20.4% of the global skin care products market in 2022.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, India is the fastest growing regional market and is projected to reach USD 21.5 billion by 2030.
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Skin Care Products Market Scope
Skin care products market segmentation & scope
Product
Conventional
Organic
Regions
ANZ
Latin America
Europe
North America
Middle East & Africa
Asia Pacific
Countries
Canada
Mexico
U.S.
UK
Germany
France
Italy
Spain
India
China
Japan
South Korea
Brazil
Saudi Arabia
UAE
Skin Care Products Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global Skin Care Products Market Outlook Share, 2022 & 2030 (US$B)
Global Skin Care Products Market Outlook Share, 2022 & 2030 (US$B)
Skin care products market: Opportunity assessment by country
Global skin care products market, by region, 2022 (US$B)
Related regional statistics
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