Germany Skin Lightening Products Market Size & Outlook
Germany skin lightening products market, 2018-2030 (US$M)
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Germany skin lightening products market highlights
- The Germany skin lightening products market generated a revenue of USD 44.8 million in 2023 and is expected to reach USD 57.3 million by 2030.
- The Germany market is expected to grow at a CAGR of 3.6% from 2024 to 2030.
- In terms of segment, creams was the largest revenue generating product in 2023.
- Cleanser is the most lucrative product segment registering the fastest growth during the forecast period.
Skin lightening products market data book summary
| Market revenue in 2023 | USD 44.8 million |
| Market revenue in 2030 | USD 57.3 million |
| Growth rate | 3.6% (CAGR from 2023 to 2030) |
| Largest segment | Creams |
| Fastest growing segment | Cleanser |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Creams, Cleanser, Face Mask |
| Key market players worldwide | L'Oreal SA, Beiersdorf AG, Shiseido Co Ltd, Procter & Gamble Co, Unilever PLC, Kao Corp, Avon Products, Himalaya Global, Lotus Herbals, VLCC Healthcare |
Other key industry trends
- In terms of revenue, Germany accounted for 0.4% of the global skin lightening products market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany skin lightening products market is projected to lead the regional market in terms of revenue in 2030.
- UK is the fastest growing regional market in Europe and is projected to reach USD 54.7 million by 2030.
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Skin Lightening Products Market Scope
Skin Lightening Products Market Companies
| Name | Profile | # Employees | HQ | Website |
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Germany skin lightening 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 skin lightening products market will help companies and investors design strategic landscapes.
Creams was the largest segment with a revenue share of 52.9% in 2023. Horizon Databook has segmented the Germany skin lightening products market based on creams, cleanser, face mask covering the revenue growth of each sub-segment from 2018 to 2030.
Technological advancements in the skincare market, coupled with the development and introduction of innovative products, are expected to positively influence the skin lightening products market in Germany over the forecast period.
The increasing demand for natural and organic skin lightening products has been boosting this market’s growth in Germany. In line with consumer preferences, companies are launching products that contain plant extracts and superior botanical ingredients.
The rising focus on skin toning in the country has been widening this market’s scope for the last few years. Furthermore, over the last few years, skin lightening products have been gaining traction among male consumers that has given additional growth opportunities to the market in Germany.
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Our clientele includes a mix of skin lightening products market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Germany skin lightening products market , including forecasts for subscribers. This country databook contains high-level insights into Germany skin lightening products market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Germany skin lightening products market size, by product, 2018-2030 (US$M)
Germany Skin Lightening Products Market Outlook Share, 2023 & 2030 (US$M)
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