Professional skincare market size to grow by USD 4,521.26 million between 2022 and 2027; Face skincare products segment to account for maximum growth - Technavio

NEW YORK, March 30, 2023 /PRNewswire/ -- The professional skincare market is estimated to grow by USD 4,521.26 million between 2022 and 2027. The growth momentum will be progressing at a CAGR of 5.88% during the forecast period. The market is segmented by product type (face skin care products and body skincare products), distribution channel (offline and online), and geography (APAC, Europe, North America, South America, and Middle East and Africa). To understand more about the professional skincare market from 2022 to 2027, request a sample report

The market growth in the face skin care products segment will be significant during the forecast period. The segment is driven by the growing awareness of the benefits associated with professional skincare products. Also, the expansion of the aging population and the development of multifunctional and natural products are driving the growth of the segment. 

The market is driven by growing concerns about skin-related problems. Rising air pollution levels and hectic lifestyles have increased the prevalence of adverse skin conditions such as wrinkles, premature skin aging, and the appearance of spots. In addition, pollutants found in the air are known to cause acne, psoriasis, rosacea, ichthyosis, vitiligo, and seborrheic dermatitis. This is increasing the demand for skincare solutions that can help counter the damage. All these factors are driving the growth of the market.

Professional Skincare Market Insights -

• Vendors: 15+, including Bausch Health Co Inc., AbbVie Inc., Beiersdorf AG, CHANEL Ltd., Coty Inc., Eminence Organic Skin Care, Episciences Inc., Fountain Of Youth Skincare, Groupe Clarins, Lancer Skincare LLC, Loccitane International SA, LOreal SA, Natura and Co Holding SA, Obagi Cosmeceuticals LLC, Revlon Inc., Shiseido Co. Ltd., The Estee Lauder Co. Inc., The Procter and Gamble Co., Unilever PLC, Guinot SAS, among others
• Coverage: Parent market analysis; key drivers, major trends, and challenges; customer and vendor landscape; vendor product insights and recent developments; key vendors; and market positioning of vendors

Global Professional Skincare Market - Vendor Insights

The global professional skincare market is fragmented with the presence of many vendors. The market consists of prominent multinational and regional vendors. These established vendors offer innovative products at competitive pricing. In addition, high product differentiations and evolving retail landscape as per the consumer's purchasing behavior and preferences are expected to keep the threat of rivalry moderate during the forecast period. Vendors are competing based on product differentiation, product portfolios, quality, and pricing. Many vendors have been focusing on expanding their business in emerging markets such as APAC. Some of the key vendors covered in the report include:

• Eminence Organic Skin Care - The company offers professional skincare treatment, facial, and skincare products.
• Groupe Clarins - The company offers professional skincare products such as Velvet cleansing milk, Santal face treatment oil, Lotus face treatment oil, pore minimizing serum, and foaming cleanser.
• Natura and Co Holding SA - The company offers professional skincare such as serums, day creams, sunscreen, micellar water, cleanser, and eye cream.
• Obagi Cosmeceuticals LLC - The company offers professional skincare under the brand Avon Products Inc.

Global Professional Skincare Market – Market Dynamics

Major Trends – 

• Increased demand for organic skincare products
• Growing popularity of anti-pollution skincare products
• Vendors partnering with salons and spas

Regular synthetic skincare products can cause skin-related issues such as skin irritation, skin allergies, nerve damage, and dark marks. Hence, consumers are increasing their preference for natural and organic skincare products. Organic skincare products contain ingredients such as plant extracts, natural oils, and other natural ingredients. They also include other natural ingredients such as sunflower oil, jojoba oil, aloe vera, turmeric, and olive oil. This makes organic skincare products safe for use, as they are free from harmful contents such as petrochemicals, sulfates, and parabens. The growing demand for organic skincare products has encouraged many vendors to introduce a wide range of organic professional skincare products. All these products are driving the growth of the market.

Key challenges – 

• Similar benefits from low-priced consumer category products
• Availability of counterfeit products
• Side-effects of skincare products

The similar benefit of low-priced consumer category products is identified as the major challenge hindering the growth of the market. A majority of the population in developing countries still prefers normal skincare products and traditional homemade remedies. Several homemade remedies are becoming popular, as they are natural, organic, and inexpensive in comparison to professional skincare products. In addition, there are several small and domestic vendors that offer skincare products at much lower rates than prominent brands. All these factors are reducing the growth potential of the market.

Drivers, trends, and challenges have an impact on market dynamics, which can impact
businesses. Find more insights in a sample report!

The professional skincare market report provides critical information and factual data, with a qualitative and quantitative study of the market based on market drivers and limitations as well as future prospects.

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What are the key data covered in this professional skincare market report?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the growth of the professional skincare market between 2023 and 2027
• Precise estimation of the size of the professional skincare market size and its contribution to the parent market
• Accurate predictions about upcoming trends and changes in consumer behavior
• Growth of the professional skincare market across APAC, Europe, North America, South America, and Middle East and Africa
• A thorough analysis of the market's competitive landscape and detailed information about vendors
• Comprehensive analysis of factors that will challenge the growth of professional skincare market vendors

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Table of contents:

1 Executive Summary

• 1.1 Market overview 
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Product Type
• Exhibit 06: Executive Summary – Chart on Market Segmentation by Distribution Channel
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem 
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition 
• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 13: Market segments

• 3.3 Market size 2022

• 3.4 Market outlook: Forecast for 2022-2027 
• Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
• Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Global professional skincare market 2017 - 2021
• Exhibit 18: Historic Market Size – Data Table on Global professional skincare market 2017 - 2021 ($ million)

• 4.2 Product Type Segment Analysis 2017 - 2021
• Exhibit 19: Historic Market Size – Product Type Segment 2017 - 2021 ($ million)

• 4.3 Distribution Channel Segment Analysis 2017 - 2021
• Exhibit 20: Historic Market Size – Distribution Channel Segment 2017 - 2021 ($ million)

• 4.4 Geography Segment Analysis 2017 - 2021 
• Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)

• 4.5 Country Segment Analysis 2017 - 2021 
• Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

• 5.1 Five forces summary 
• Exhibit 23: Five forces analysis - Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry 
• Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition 
• Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Product Type

• 6.1 Market segments 
• Exhibit 30: Chart on Product Type - Market share 2022-2027 (%)
• Exhibit 31: Data Table on Product Type - Market share 2022-2027 (%)

• 6.2 Comparison by Product Type 
• Exhibit 32: Chart on Comparison by Product Type
• Exhibit 33: Data Table on Comparison by Product Type

• 6.3 Face skincare products - Market size and forecast 2022-2027 
• Exhibit 34: Chart on Face skincare products - Market size and forecast 2022-2027 ($ million)
• Exhibit 35: Data Table on Face skincare products - Market size and forecast 2022-2027 ($ million)
• Exhibit 36: Chart on Face skincare products - Year-over-year growth 2022-2027 (%)
• Exhibit 37: Data Table on Face skincare products - Year-over-year growth 2022-2027 (%)

• 6.4 Body skincare products - Market size and forecast 2022-2027 
• Exhibit 38: Chart on Body skincare products - Market size and forecast 2022-2027 ($ million)
• Exhibit 39: Data Table on Body skincare products - Market size and forecast 2022-2027 ($ million)
• Exhibit 40: Chart on Body skincare products - Year-over-year growth 2022-2027 (%)
• Exhibit 41: Data Table on Body skincare products - Year-over-year growth 2022-2027 (%)

• 6.5 Market opportunity by Product Type 
• Exhibit 42: Market opportunity by Product Type ($ million)

7 Market Segmentation by Distribution Channel

• 7.1 Market segments 
• Exhibit 43: Chart on Distribution Channel - Market share 2022-2027 (%)
• Exhibit 44: Data Table on Distribution Channel - Market share 2022-2027 (%)

• 7.2 Comparison by Distribution Channel 
• Exhibit 45: Chart on Comparison by Distribution Channel
• Exhibit 46: Data Table on Comparison by Distribution Channel

• 7.3 Offline - Market size and forecast 2022-2027
• Exhibit 47: Chart on Offline - Market size and forecast 2022-2027 ($ million)
• Exhibit 48: Data Table on Offline - Market size and forecast 2022-2027 ($ million)
• Exhibit 49: Chart on Offline - Year-over-year growth 2022-2027 (%)
• Exhibit 50: Data Table on Offline - Year-over-year growth 2022-2027 (%)

• 7.4 Online - Market size and forecast 2022-2027
• Exhibit 51: Chart on Online - Market size and forecast 2022-2027 ($ million)
• Exhibit 52: Data Table on Online - Market size and forecast 2022-2027 ($ million)
• Exhibit 53: Chart on Online - Year-over-year growth 2022-2027 (%)
• Exhibit 54: Data Table on Online - Year-over-year growth 2022-2027 (%)

• 7.5 Market opportunity by Distribution Channel
• Exhibit 55: Market opportunity by Distribution Channel ($ million)

8 Customer Landscape

• 8.1 Customer landscape overview 
• Exhibit 56: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation 
• Exhibit 57: Chart on Market share by geography 2022-2027 (%)
• Exhibit 58: Data Table on Market share by geography 2022-2027 (%)

• 9.2 Geographic comparison 
• Exhibit 59: Chart on Geographic comparison
• Exhibit 60: Data Table on Geographic comparison

• 9.3 APAC - Market size and forecast 2022-2027
• Exhibit 61: Chart on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 62: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 63: Chart on APAC - Year-over-year growth 2022-2027 (%)
• Exhibit 64: Data Table on APAC - Year-over-year growth 2022-2027 (%)

• 9.4 Europe - Market size and forecast 2022-2027
• Exhibit 65: Chart on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 66: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 67: Chart on Europe - Year-over-year growth 2022-2027 (%)
• Exhibit 68: Data Table on Europe - Year-over-year growth 2022-2027 (%)

• 9.5 North America - Market size and forecast 2022-2027
• Exhibit 69: Chart on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 70: Data Table on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 71: Chart on North America - Year-over-year growth 2022-2027 (%)
• Exhibit 72: Data Table on North America - Year-over-year growth 2022-2027 (%)

• 9.6 South America - Market size and forecast 2022-2027
• Exhibit 73: Chart on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 74: Data Table on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 75: Chart on South America - Year-over-year growth 2022-2027 (%)
• Exhibit 76: Data Table on South America - Year-over-year growth 2022-2027 (%)

• 9.7 Middle East and Africa - Market size and forecast 2022-2027 
• Exhibit 77: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 78: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 79: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
• Exhibit 80: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)

• 9.8 China - Market size and forecast 2022-2027 
• Exhibit 81: Chart on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 82: Data Table on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 83: Chart on China - Year-over-year growth 2022-2027 (%)
• Exhibit 84: Data Table on China - Year-over-year growth 2022-2027 (%)

• 9.9 US - Market size and forecast 2022-2027
• Exhibit 85: Chart on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 86: Data Table on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 87: Chart on US - Year-over-year growth 2022-2027 (%)
• Exhibit 88: Data Table on US - Year-over-year growth 2022-2027 (%)

• 9.10 Japan - Market size and forecast 2022-2027
• Exhibit 89: Chart on Japan - Market size and forecast 2022-2027 ($ million)
• Exhibit 90: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
• Exhibit 91: Chart on Japan - Year-over-year growth 2022-2027 (%)
• Exhibit 92: Data Table on Japan - Year-over-year growth 2022-2027 (%)

• 9.11 Germany - Market size and forecast 2022-2027 
• Exhibit 93: Chart on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 94: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 95: Chart on Germany - Year-over-year growth 2022-2027 (%)
• Exhibit 96: Data Table on Germany - Year-over-year growth 2022-2027 (%)

• 9.12 France - Market size and forecast 2022-2027
• Exhibit 97: Chart on France - Market size and forecast 2022-2027 ($ million)
• Exhibit 98: Data Table on France - Market size and forecast 2022-2027 ($ million)
• Exhibit 99: Chart on France - Year-over-year growth 2022-2027 (%)
• Exhibit 100: Data Table on France - Year-over-year growth 2022-2027 (%)

• 9.13 Market opportunity by geography 
• Exhibit 101: Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

• 10.1 Market drivers

• 10.2 Market challenges

• 10.3 Impact of drivers and challenges 
• Exhibit 102: Impact of drivers and challenges in 2022 and 2027

• 10.4 Market trends

11 Vendor Landscape

• 11.1 Overview

• 11.2 Vendor landscape 
• Exhibit 103: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption 
• Exhibit 104: Overview on factors of disruption

• 11.4 Industry risks 
• Exhibit 105: Impact of key risks on business

12 Vendor Analysis

• 12.1 Vendors covered 
• Exhibit 106: Vendors covered

• 12.2 Market positioning of vendors 
• Exhibit 107: Matrix on vendor position and classification

• 12.3 AbbVie Inc. 
• Exhibit 108: AbbVie Inc. - Overview
• Exhibit 109: AbbVie Inc. - Product / Service
• Exhibit 110: AbbVie Inc. - Key news
• Exhibit 111: AbbVie Inc. - Key offerings

• 12.4 Bausch Health Co Inc. 
• Exhibit 112: Bausch Health Co Inc. - Overview
• Exhibit 113: Bausch Health Co Inc. - Business segments
• Exhibit 114: Bausch Health Co Inc. - Key news
• Exhibit 115: Bausch Health Co Inc. - Key offerings
• Exhibit 116: Bausch Health Co Inc. - Segment focus

• 12.5 Beiersdorf AG 
• Exhibit 117: Beiersdorf AG - Overview
• Exhibit 118: Beiersdorf AG - Business segments
• Exhibit 119: Beiersdorf AG - Key news
• Exhibit 120: Beiersdorf AG - Key offerings
• Exhibit 121: Beiersdorf AG - Segment focus

• 12.6 CHANEL Ltd. 
• Exhibit 122: CHANEL Ltd. - Overview
• Exhibit 123: CHANEL Ltd. - Business segments
• Exhibit 124: CHANEL Ltd. - Key offerings
• Exhibit 125: CHANEL Ltd. - Segment focus

• 12.7 Coty Inc. 
• Exhibit 126: Coty Inc. - Overview
• Exhibit 127: Coty Inc. - Business segments
• Exhibit 128: Coty Inc. - Key offerings
• Exhibit 129: Coty Inc. - Segment focus

• 12.8 Eminence Organic Skin Care 
• Exhibit 130: Eminence Organic Skin Care - Overview
• Exhibit 131: Eminence Organic Skin Care - Product / Service
• Exhibit 132: Eminence Organic Skin Care - Key offerings

• 12.9 Episciences Inc. 
• Exhibit 133: Episciences Inc. - Overview
• Exhibit 134: Episciences Inc. - Product / Service
• Exhibit 135: Episciences Inc. - Key offerings

• 12.10 Groupe Clarins 
• Exhibit 136: Groupe Clarins - Overview
• Exhibit 137: Groupe Clarins - Product / Service
• Exhibit 138: Groupe Clarins - Key offerings

• 12.11 LOreal SA 
• Exhibit 139: LOreal SA - Overview
• Exhibit 140: LOreal SA - Business segments
• Exhibit 141: LOreal SA - Key news
• Exhibit 142: LOreal SA - Key offerings
• Exhibit 143: LOreal SA - Segment focus

• 12.12 Natura and Co Holding SA 
• Exhibit 144: Natura and Co Holding SA - Overview
• Exhibit 145: Natura and Co Holding SA - Business segments
• Exhibit 146: Natura and Co Holding SA - Key offerings
• Exhibit 147: Natura and Co Holding SA - Segment focus

• 12.13 Revlon Inc. 
• Exhibit 148: Revlon Inc. - Overview
• Exhibit 149: Revlon Inc. - Business segments
• Exhibit 150: Revlon Inc. - Key offerings
• Exhibit 151: Revlon Inc. - Segment focus

• 12.14 Shiseido Co. Ltd. 
• Exhibit 152: Shiseido Co. Ltd. - Overview
• Exhibit 153: Shiseido Co. Ltd. - Product / Service
• Exhibit 154: Shiseido Co. Ltd. - Key offerings

• 12.15 The Estee Lauder Co. Inc. 
• Exhibit 155: The Estee Lauder Co. Inc. - Overview
• Exhibit 156: The Estee Lauder Co. Inc. - Product / Service
• Exhibit 157: The Estee Lauder Co. Inc. - Key offerings

• 12.16 The Procter and Gamble Co. 
• Exhibit 158: The Procter and Gamble Co. - Overview
• Exhibit 159: The Procter and Gamble Co. - Business segments
• Exhibit 160: The Procter and Gamble Co. - Key news
• Exhibit 161: The Procter and Gamble Co. - Key offerings
• Exhibit 162: The Procter and Gamble Co. - Segment focus

• 12.17 Unilever PLC 
• Exhibit 163: Unilever PLC - Overview
• Exhibit 164: Unilever PLC - Business segments
• Exhibit 165: Unilever PLC - Key news
• Exhibit 166: Unilever PLC - Key offerings
• Exhibit 167: Unilever PLC - Segment focus

13 Appendix

• 13.1 Scope of the report

• 13.2 Inclusions and exclusions checklist 
• Exhibit 168: Inclusions checklist
• Exhibit 169: Exclusions checklist

• 13.3 Currency conversion rates for US$ 
• Exhibit 170: Currency conversion rates for US$

• 13.4 Research methodology 
• Exhibit 171: Research methodology
• Exhibit 172: Validation techniques employed for market sizing
• Exhibit 173: Information sources

• 13.5 List of abbreviations 
• Exhibit 174: List of abbreviations

About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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