NEW YORK, June 21, 2022 /PRNewswire/ — The professional skin care market size is set to grow by $4.65 billion from 2020 to 2025 as per the latest market forecast report by Technavio. The report projects the market to progress at a CAGR of 6%. 48% of the market’s growth will originate from APAC during the forecast period. China, South Korea (Republic of Korea), and Japanese are the key markets for professional skincare in APAC. Market growth in this region will be faster than the growth of the market in the other regions. The consistent offerings of high-quality products, more established brands, constant innovation, and product launches, and effective marketing will facilitate the professional skincare market growth in APAC over the forecast period.
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Professional Skincare Market: Segmentation Analysis
The market research report segments the professional skincare market by Product (Anti-aging products, Pigmentation products, Dehydration products, Acne control products, and Others), Distribution Channel (Offline and Online), and Geography (APAC, North America, Europe, South Americaand MEA).
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Revenue Generating Segment: The professional skincare market share growth in the anti-aging products segment will be significant during the forecast period. The growth in the world’s aging population is fueling the demand for anti-aging professional skincare products. To address this growing demand, anti-aging product manufacturers have started developing specific solutions, with growing trends being the use of ingredients such as ultraviolet (UV) absorbers and the development of multifunctional and natural products.
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Professional Skincare Market: Driver
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Product innovation and product line extension that leads to product premiumization will be a major factor in driving the market growth.
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The growing consumer demand for innovative products with optimal usage and the rising competition among market players are compelling vendors to engage in research and development activities.
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The increasing consumer need is encouraging vendors to offer professional treatments and products that are priced higher than traditional skincare products.
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Get ready to achieve excellent business outcomes from this exclusive Professional Skincare Market report by Technavio. The report will include highlights of the overall market which includes frequently asked questions such as –
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What are historical revenue figures and estimated revenue figures as well as CAGR during the forecast timeframe?
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What is the current trend taking place in the market space?
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Which are business tactics that will influence competitive scenarios along with defining the growth potential of the market?
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What are market drivers, restraints, and challenges impacting demand & growth of the market?
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Which regions & segments will garner massive revenue and emerge as market leaders in upcoming years?
The competitive scenario provided in the Professional Skincare Market report analyzes, evaluates, and positions companies based on various performance indicators. Some of the factors considered for this analysis include the financial performance of companies over the past few years, growth strategies, product innovations, new product launches, investments, growth in market share, etc. Don’t wait, Make a strategic approach & boost your business goals with our Professional Skincare Market Forecast Report – Buy Now!
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the luxury cosmetics market share is expected to increase to $28.22 billion from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 7.77%.
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the online premium cosmetics market share is expected to increase by USD 15.26 billion from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 7%.
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Professional Skincare Market Scope |
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Report Coverage |
Details |
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page number |
120 |
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base year |
2020 |
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Forecast period |
2021-2025 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 6% |
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Market growth 2021-2025 |
$4.65 billion |
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Market structure |
Fragmented |
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YoY growth (%) |
5.30 |
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performing market contribution |
APAC at 48% |
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competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
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Companies profiled |
Beiersdorf AG, Clarins Sdn Bhd, Coty Inc., Revlon Inc., Shiseido Co. Ltd., The Avon Co., The Estee Lauder Companies Inc., The Procter & Gamble Co., and Unilever Group |
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Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period, |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get customized segments. |
Table of Contents
Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by Product
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market segments
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Comparison by Product placement
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Anti-aging products – Market size and forecast 2019-2024
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Pigmentation products – Market size and forecast 2019-2024
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Dehydration products – Market size and forecast 2019-2024
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Acne control products – Market size and forecast 2019-2024
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Others – Market size and forecast 2019-2024
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Market opportunity by Product
Market Segmentation by Distribution channel
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market segments
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Comparison by Distribution channel placement
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Offline – Market size and forecast 2019-2024
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Online – Market size and forecast 2019-2024
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Market opportunity by Distribution channel
customer-landscape
Geographic Landscape
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Geographic segmentation
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Geographic comparison
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APAC – Market size and forecast 2019-2024
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North America – Market size and forecast 2019-2024
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Europe – Market size and forecast 2019-2024
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South America – Market size and forecast 2019-2024
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MEA – Market size and forecast 2019-2024
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Key leading countries
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Market opportunity by geography
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market drivers
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Volume driver – Demand led growth
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Market challenges
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market trends
Vendor Landscape
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vendor landscape
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Landscape disruption
Vendor Analysis
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vendors covered
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Market positioning of vendors
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Beiersdorf AG
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Clarins
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Coty Inc.
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Henkel AG & Co. KGaA
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L’Oréal SA
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Revlon Consumer Products Corp.
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Shiseido Co.Ltd.
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The Estee Lauder Companies Inc.
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The Procter & Gamble Co.
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Unilever Group
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About Technavio
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 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.
contacts
Technavio Research
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UK: +44 203 893 3200
E-mail: media@technavio.com
website: www.technavio.com/
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SOURCE Technavio
