Professional Skincare Market Size Expected to Grow by $4.65 Billion | By product, distribution channel and geography

NEW YORK, March 29, 2022 /PRNewswire/ — The professional skin care market the value is expected to grow by $4.65 billiongrowing at a CAGR of 6% from 2020 to 2025, according to Technavio’s latest report.

Technavio has announced its latest market research report titled Professional Skincare Market by Product, Distribution Channel, and Geography – Forecast and Analysis 2021-2025

The market vendors are expected to focus on capturing the business opportunities from the anti-aging products segment, as it accounted for the largest market share during the reference year. Moreover, APAC will register the highest growth rate of 48% among other regions.

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Professional Skin Care Market 2021-2025: Segmentation

  • Geography

  • Product

  • Distribution channel

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Product innovation and product line extension leading to product premiumization to drive market growth

Growing consumer demand for innovative products with optimal usage and growing competition among market players are driving vendors to engage in research and development activities. The growing consumer need is encouraging sellers to offer professional treatments and products at higher prices than traditional skin care products.

Similar Advantages of Low Cost Consumer Products to Challenge Market Growth

Consumers, especially in developing countries, always prefer normal skin care products and traditional home remedies over professional skin care products for their skin problems. This limited adoption of professional skincare products is further hampered by the limited reach of organized retail in developing countries. Most consumers in developing countries prefer normal and traditional skin care rather than consulting a professional. Several other products for skin-related problems are also available in the market (such as organic products and other consumer cosmetics) which consumers prefer over professional skin care products. Then there are many smaller national sellers operating in their respective regions offering skincare products at much lower rates from the major brands available in the market, whose professional skincare products mostly fall under the premium category.

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Professional Skincare Market 2021-2025: Scope

The market value chain consists of the following basic components:

  • Submissions

  • Inbound Logistics

  • Operations

  • External logistics

  • Marketing and Sales

  • Support activities

  • Innovation

Professional Skin Care Market 2021-2025: Vendor Analysis

The Professional Skin Care Market report offers insights into several vendors in the market including 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 the Unilever Group, among others.

Moreover, the market is fragmented and vendors are deploying growth strategies such as focusing on product innovations and product differentiation to compete in the market.

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Professional Skin Care Market 2021-2025: Key Highlights

  • Market CAGR over the forecast period 2021-2025

  • Detailed information on the factors that will contribute to the growth of the professional skin care market over the next five years

  • Estimation of the professional skin care market size and its contribution to the parent market

  • Predictions on upcoming trends and changes in consumer behavior

  • The growth of the professional skin care market

  • Market Competitive Landscape Analysis and Detailed Vendor Information

  • Comprehensive details of the factors that will challenge the growth of the Professional Skin Care Market vendors

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Scope of the professional skin care market

Report cover

Details

Page number

120

base year

2020

Forecast period

2021-2025

Growth momentum and CAGR

Accelerate at a CAGR of 6%

Market Growth 2021-2025

$4.65 billion

Market structure

Fragmented

Annual growth (%)

5:30 p.m.

Regional analysis

APAC, North America, Europe, South America and MEA

Successful market contribution

APAC at 48%

Main consumer countries

China, United States, Japan, South Korea (Republic of Korea) and Germany

Competitive landscape

Leading companies, competitive strategies, scope of consumer engagement

Profiled companies

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

Market dynamics

Parent Market Analysis, Market Growth Drivers and Barriers, Fast and Slow Growing Segment Analysis, COVID 19 Impact and Future Consumer Dynamics, Market Condition Analysis for the Forecast Period,

Customization overview

If our report does not include the data you are looking for, you can contact our analysts and customize the segments.

Contents:

Abstract

Market landscape

Market sizing

Five forces analysis

Market segmentation by product

  • Market segments

  • Comparison by product placement

  • Anti-aging products – Market size and forecast 2020-2025

  • Pigmentation products – Market size and forecast 2020-2025

  • Dehydration Products – Market size and forecast 2020-2025

  • Acne Control Products – Market size and forecast 2020-2025

  • Others – Market size and forecast 2020-2025

  • Market opportunity by product

Market segmentation by distribution channel

  • Market segments

  • Comparison by distribution channel location

  • Offline – Market size and forecast 2020-2025

  • Online – Market size and forecast 2020-2025

  • Market opportunity by distribution channel

Customer landscape

Geographic landscape

  • Geographic segmentation

  • Geographic comparison

  • APAC – Market size and forecast 2020-2025

  • North America – Market size and forecast 2020-2025

  • Europe – Market size and forecast 2020-2025

  • South America – Market size and forecast 2020-2025

  • MEA – Market size and forecast 2020-2025

  • Main leading countries

  • Market Opportunity by Geography

  • Market factors

  • Volume Driver – Demand Driven Growth

  • Market challenges

  • Market trends

Supplier Landscape

  • Supplier Landscape

  • Landscape disturbance

Vendor analysis

  • Suppliers Covered

  • Positioning on the supplier market

  • Beiersdorf AG

  • Clarins

  • Coty Inc.

  • Henkel AG & Co. KGaA

  • L’Oreal SA

  • Revlon Consumer Products Corp.

  • Shiseido Co.Ltd.

  • Estee Lauder Companies Inc.

  • The Procter & Gamble company.

  • Unilever Group

appendix

About Us

Technavio is a global leader in technology research and consulting. Their research and analysis focuses on emerging market trends and provides actionable insights to help companies identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialist analysts, Technavio’s reporting library consists of over 17,000 reports and counts, spanning 800 technologies, spanning 50 countries. Their customer base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing customer base relies on Technavio’s comprehensive coverage, in-depth research, and actionable market intelligence to identify opportunities in existing markets and potentials and assess their competitive positions in changing market scenarios.

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Technavio (PRNewsfoto/Technavio)

Technavio (PRNewsfoto/Technavio)

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