Japan Skin Lightening Products Market Size & Outlook
Japan skin lightening products market, 2018-2030 (US$M)
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Japan skin lightening products market highlights
- The Japan skin lightening products market generated a revenue of USD 1,318.0 million in 2023 and is expected to reach USD 1,947.9 million by 2030.
- The Japan market is expected to grow at a CAGR of 5.7% 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 1,318.0 million |
| Market revenue in 2030 | USD 1,947.9 million |
| Growth rate | 5.7% (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, Japan accounted for 11.8% 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 Asia Pacific, China skin lightening products market is projected to lead the regional market in terms of revenue in 2030.
- Japan is the fastest growing regional market in Asia Pacific and is projected to reach USD 1,947.9 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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Japan 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 51.94% in 2023. Horizon Databook has segmented the Japan skin lightening products market based on creams, cleanser, face mask covering the revenue growth of each sub-segment from 2018 to 2030.
Japan is one of the fastest-growing skin lightening products market in the region and major players are adopting various strategies to gain maximum customer penetration in the country. For instance, in December 2020, L’Oréal SA signed an agreement to acquire Takami Co, a Japanese company that develops and markets the Takami skincare brand.
This acquisition was aimed at increasing customer base, product penetration, and visibility among consumers for both brands. Such expansion efforts by leading players will boost the Japan skin lightening products market over the forecast period.
Skin lightening products with high performance and multiple functionalities are expected to gain popularity over the forecast period. Products with multiple functions, such as BB creams or all-in-one creams, are especially popular in Japan.
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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 Japan skin lightening products market , including forecasts for subscribers. This country databook contains high-level insights into Japan skin lightening products market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Japan skin lightening products market size, by product, 2018-2030 (US$M)
Japan Skin Lightening Products Market Outlook Share, 2023 & 2030 (US$M)
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