Global Skin Lighteners Industry and Competition 2020-2027 - Online Sales Register Strong Growth

News provided by

Jul 24, 2020, 14:15 ET

DUBLIN, July 24, 2020 /PRNewswire/ -- The "Skin Lighteners - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

The publisher brings years of research experience to this 17th edition of the report. The 244-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

Global Skin Lighteners Market to Reach US$12.3 Billion by the Year 2027

Amid the COVID-19 crisis, the global market for Skin Lighteners estimated at US$8.6 Billion in the year 2020, is projected to reach a revised size of US$12.3 Billion by 2027, growing at a CAGR of 5.2% over the analysis period 2020-2027.

Creams, one of the segments analyzed in the report, is projected to grow at a 5.3% CAGR to reach US$6.6 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Cleanser segment is readjusted to a revised 5.9% CAGR for the next 7-year period. This segment currently accounts for a 20% share of the global Skin Lighteners market.

The U.S. Accounts for Over 27.1% of Global Market Size in 2020, While China is Forecast to Grow at a 8% CAGR for the Period of 2020-2027

The Skin Lighteners market in the U.S. is estimated at US$2.3 Billion in the year 2020. The country currently accounts for a 27.1% share in the global market. China, the world second largest economy, is forecast to reach an estimated market size of US$2.5 Billion in the year 2027 trailing a CAGR of 8% through 2027.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.9% and 4.7% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.3% CAGR while Rest of European market (as defined in the study) will reach US$2.5 Billion by the year 2027.

Mask Segment Corners a 14.8% Share in 2020

In the global Mask segment, USA, Canada, Japan, China and Europe will drive the 4.3% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$961 Million in the year 2020 will reach a projected size of US$1.3 Billion by the close of the analysis period.

China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$1.6 Billion by the year 2027, while Latin America will expand at a 5.7% CAGR through the analysis period.

Key Topics Covered

I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

Skin Lightening - A Pervasive Practice
Recent Market Activity
Current & Future Analysis
Culture & Ethnicity Shape the Skin Lighteners Landscape
Skin Lighteners Dominate the Asian Skin Care Market
Competition
Global Competitor Market Shares
Skin Lighteners Competitor Market Share Scenario Worldwide (in %): 2020 & 2029
Impact of COVID-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS

Beiersdorf AG (Germany)
CavinKare Pvt. Ltd. (India)
Clarins SA (France)
Dabur India Limited (India)
E.T. Browne Drug Company, Inc. (USA)
Emami Limited (India)
Hindustan Unilever Ltd (India)
Jolen, Inc. (USA)
Kao Corporation (Japan)
Kanebo Cosmetics, Inc. (Japan)
Shiseido Company Limited (Japan)
The Procter & Gamble Company (USA)

3. MARKET TRENDS & DRIVERS

Manufacturers Seek New Growth Avenues in Developed Markets
Total Body Whitening Products - Potential Area of Growth
Women No Longer the Only Target Market
New Breed of Metrosexuals Spur Growth
Skin Lightening Injections - A Shocking Craze
Anti-Aging Companies Shift Focus to Skin Lighteners Segment
Online Sales Register Strong Growth
Demand for Innovative Ingredients on Rise
Combination of Ingredients Provide Better Results
Natural Skin Lightening Ingredients - The Way Ahead
Lax Regulations, Unsafe Ingredients - Major Areas of Concern
Common Skin Lightening Ingredients by Mechanism of Skin Pigmentation Prevention

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

Total Companies Profiled: 100

For more information about this report visit https://www.researchandmarkets.com/r/qlbuk9

Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.

Media Contact:

Research and Markets
Laura Wood, Senior Manager
[email protected]

For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716

SOURCE Research and Markets