UK Skin Lightening Products Market Size & Outlook
UK skin lightening products market, 2018-2030 (US$M)
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UK skin lightening products market highlights
- The UK skin lightening products market generated a revenue of USD 39.2 million in 2023 and is expected to reach USD 54.7 million by 2030.
- The UK market is expected to grow at a CAGR of 4.9% 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 39.2 million |
| Market revenue in 2030 | USD 54.7 million |
| Growth rate | 4.9% (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, UK accounted for 0.3% 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 |
|---|
UK 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 53.06% in 2023. Horizon Databook has segmented the UK skin lightening products market based on creams, cleanser, face mask covering the revenue growth of each sub-segment from 2018 to 2030.
The increasing willingness to pay premium prices for high-end products and the rising need for personal care products are expected to fuel the skin lightening products market growth in the U.K. In this respect, trends are likely to accelerate, as shoppable social media platforms, brands’ websites, and e-commerce sites are becoming more popular among consumers/shoppers.
A robust skincare manufacturing and distribution base in the U.K. is expected to be a favorable factor for the country’s skin lightening products market growth. In addition, an increasing number of manufacturers have been introducing products with skin-safe, bio-active ingredients on online platforms, which has increased their visibility.
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Horizon Databook provides a detailed overview of country-level data and insights on the UK skin lightening products market , including forecasts for subscribers. This country databook contains high-level insights into UK skin lightening products market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UK skin lightening products market size, by product, 2018-2030 (US$M)
UK Skin Lightening Products Market Outlook Share, 2023 & 2030 (US$M)
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