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Asia-pacific Skin Care Market

Asia-Pacific Skin Care Market by Type (Face Care, Body Care, Lip Care, Eye Care, Others), Age Group (Generation X, Millennial, Generation Z), Demographic (Male, Female) and Distribution Channel (Supermarket/Hypermarket, Specialty Stores, Departmental Stores, Beauty Salons, and E-commerce): Global Opportunity Analysis and Industry Forecast, 2021–2030

A15888
Pages: 130
Mar 2022 | 532 Views
   
Author(s) : Vidit Gite , Roshan Deshmukh
Tables: 50
Charts: 35
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COVID-19

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Asia-Pacific skin care products market was valued at $61,253.6 million in 2020, and is projected reach $105,668.2 million by 2030, registering a CAGR of 5.4% from 2021 to 2030.

Despite an overall general slowdown predicted for skin care market’s value sales in 2020 in response to COVID-19 due to weaker demand for larger categories such as moisturizers and treatments, including mass anti-agers, a number of skin care products are set to experience marginally higher demand. Owing to the home seclusion and preventative health trends during the pandemic, consumers were spending on essential products on priority. Face masks are set to record the highest volume growth in 2020, due to the closure of beauty salons as non-essential businesses, encouraging consumers to turn to at-home beauty treatments instead, a trend which will positively impact the demand for skin care products.

The skin care products market is steadily growing due to increase in female population and preference of female toward innovative products such as organic eye gel, herbal lotion, and Halal products in the market. In addition, rise in the number of women in work places throughout Asia-Pacific is supporting the demand for skin care products, owing to increase in concerns about beauty and rise in consciousness in appearance in the work place. According to the data of the World Bank 2021, female labour force was recorded to be 37.9% in 2015, which reached to 38.6% in 2019. Thus, rise in demand for skin care products from working professionals is one of the key factors supporting the market growth. Thus, upsurge in working women population in several countries of the region leads to rise in purchase power, which contributes toward the market growth. Moreover, the demand for skincare products, which fight signs of fatigue, stress, and early ageing gradually increases among working women, thereby driving skin care products market growth.

Asia-Pacific-Skin-Care-Market,-2021-2030

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Expansion of the retail industry, emergence of modern trades, rise in popularity of westernization culture in shopping, and steady increase in income level of the consumers in Asia-Pacific are some of the key factors that boost the FMCG market in Asia-Pacific. The market includes several product categories with a significant share garnered by skin care products. The expansion of the Asia-Pacific FMCG market supports the growth of skin care products with emergence of retail sectors, new stores, and modern trades in the region. These factors further help to increase the market penetration of skin care products. For instance, according to the report published by the India Brand Equity Foundation (IBEF), the FMCG market in India was valued at $ 49 billion in 2016, which has reached approximately $104 billion in 2020. Thus, other developing countries such as Philippines, Cambodia, and Indonesia are expanding their FMCG markets, which is expected to support the growth of overall Asia-Pacific skin care products market. 

Rise of women participation in the labour force in emerging markets drive the need for convenience. Eating alone at non-fixed mealtimes is becoming more common, due to changed eating habits, attitude toward cooking, and busy lifestyles. Thus, lack of time and change in family dynamics have led to higher consumption of frozen Generation X, as they require less preparation time compared to cooking meals at home. Moreover, sufficient availability of packaged ready-to-eat foods, bakery, and desserts in food service industry fuels the growth of the Asia-Pacific Skin Care market.  

However, the number of Islamic countries in Asia-Pacific represent a significant share if compared with overall countries in the region. These consumers inhibit the usage of products containing ingredients of animal origin. Recently, Malaysia implemented the Islamic Sharia law that prohibits the utilization of porcine and alcohol in cosmetics, which in Malaysia are governed by Halal Cosmetics Standard MS 2200: 2008. Halal cosmetics are not allowed to contain porcine animal by-products, and are alcohol-free. If other forms of animal by-products are used, they must be Shariah-compliant. Malaysia sees Halal cosmetics as a platform for alternative or parallel product development to meet the needs of ~60% Muslim majority country, thus adding a regulatory barrier, which negatively impact the market growth.

Segment Review

The Asia-Pacific skin care products market is segmented into product type, demographics, age group, and sales channel. Depending on product type, the market is categorized into face care, body care, lip care, eye care, and other products. By demographic, it is bifurcated into male and female. On the basis of age group, it is segregated into generation X, millennial, and generation Z. As per sales channel, it is fragmented into supermarket/hypermarket, specialty stores, department stores, beauty salons, and e-commerce. E-commerce is further divided into e-pharmacies and organized pharmacies.

Asia-Pacific Skin Care Market
By Product Type

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Body care would exhibit the highest CAGR of 6.3% during 2021-2030, owing to its offerings of protection from sun's harmfull UVB rays with vitamin E.

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By type, the Asia-Pacific skin care market is segregated into face care, body care, lip care, eye care, and other products. The skin care segment is currently holding a major skin care products market share in overall personal care market in the region, and is expected to grow with decent CAGR over the coming years.

Asia-Pacific Skin Care Market
By Age Group

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Generation Z would exhibit the highest CAGR of 6.4% during 2021-2030, owing to the increased awareness, higher purchasing power, and increase in netizens couple with rise in product promotion through degital media.

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Depending on age group, the Asia-Pacific skin care products market is segregated into generation X, millennial, and generation Z. The generation X segment is expected to garner the highest revenue in 2030, owing to higher purchasing power and increase in number of netizens coupled with rise in product promotion through digital & print media. Moreover, rise in penetration of internet and availability of detailed product information on the internet has created awareness about the product benefits that boost the product sales among millennial and generation Z.

Asia-Pacific Skin Care Market
By Demographics

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Male segment would exhibit the highest CAGR of 5.8% during 2021-2030, owing to the increased demand of innovative products among the male population.

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By demographics, the Asia-Pacific skin care products market is bifurcated into male and female. The female segment is anticipated to account for the highest revenue in 2020, owing to higher working population and inclination toward self-hygiene. In addition, rise in awareness of natural skin care products among male is anticipated to boost the growth of the regional market.

Asia-Pacific Skin Care Market
By Distribution Channel

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E-commerce would exhibit the highest CAGR of 7.3% during 2021-2030, due to emergence online stores, increasing consumer preferences towards home delivery, and others.

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An effective sales channel helps to enhance customer satisfaction. Thus, on the basis of sales channel, the Asia-Pacific skin care products market is fragmented into supermarket/hypermarket, specialty stores, department stores, beauty salons, pharma & drug stores, and online stores.

Key Benefits for Stakeholders

  • The report includes an in-depth analysis of different segments and provides market estimations between 2020 and 2030.
  • The Porter’s five forces model illustrates the potency of buyers & sellers, which assists the market players to adopt effective strategies.
  • The report provides extensive qualitative insights on the potential & niche segments exhibiting favorable growth.
  • This report provides a detailed analysis of the current trends and future estimations from 2021 to 2030, which helps identify the prevailing market opportunities.

Key Market Segments

  • By Type
    • Face Care
    • Body Care
    • Lip Care
    • Eye Care
    • Others
  • By Age Groups
    • Generation X
    • Millennial
    • Generation Z
  • By Demographics
    • Male
    • Female
  • By Distribution Channel
    • Supermarket/hypermarket
    • Specialty Stores
    • Departmental Stores
    • Beauty Salons
    • E-commerce
      • E-pharmacies
      • Organized Pharmacies
 

CHAPTER 1:INTRODUCTION

1.1.Report description
1.2.Key market segments
1.3.Key benefits for stakeholders
1.4.Research methodology

1.4.1.Primary research
1.4.2.Secondary research
1.4.3.Analyst tools and models

CHAPTER 2:EXECUTIVE SUMMARY

2.1.CXO perspective

CHAPTER 3:MARKET OVERVIEW

3.1.Market definition and scope
3.2.Key findings

3.2.1.Top investment pockets

3.3.Porter's five forces analysis

3.3.1.Bargaining power of suppliers
3.3.2.Bargaining power of buyers
3.3.3.Threat of substitution
3.3.4.Threat of new entrants
3.3.5.Intensity of competitive rivalry

3.4.Market dynamics

3.4.1.Drivers

3.4.1.1.Rise in women workforce
3.4.1.2.Surge in female population
3.4.1.3.Expansion of the consumer goods market (FMCG)

3.4.2.Restraints

3.4.2.1.Halal consumerism
3.4.2.2.High price sensitivity

3.4.3.Opportunities

3.4.3.1.Intense capitalization for innovation and research & development
3.4.3.2.Increase in adoption of digital technology

3.5.COVID-19 impact analysis

3.5.1.Overview
3.5.2.Impact on consumer goods sector
3.5.3.Impact on the Asia-Pacific skin care products market
3.5.4.Impact on consumer purchase behavior due to COVID-19

3.6.Asia-Pacific baby skin care products market, 2020-2030

3.6.1.Market Size and Forecast by product type
3.6.2.Market Size and Forecast by Product Type
3.6.3.List of Competitors & Product Offerings

CHAPTER 4:ASIA-PACIFIC SKIN CARE PRODUCTS MARKET, BY PRODUCT TYPE

4.1.Overview

4.1.1.Market size and forecast, by product type

4.2.Face care

4.2.1.Key market trends, growth factors, and opportunities

4.2.1.1.Market size and forecast, by country

4.3.Body care

4.3.1.Key market trends, growth factors, and opportunities

4.3.1.1.Market size and forecast, by country

4.4.Lip care

4.4.1.Key market trends, growth factors, and opportunities

4.4.1.1.Market size and forecast, by country

4.5.Eye care

4.5.1.Key market trends, growth factors, and opportunities
4.5.1.1.Market size and forecast, by country

4.6.Others

4.6.1.Key market trends, growth factors, and opportunities
4.6.1.1.Market size and forecast, by country

CHAPTER 5:ASIA-PACIFIC SKIN CARE PRODUCTS MARKET, BY AGE GROUP

5.1.Overview

5.1.1.Market size and forecast, by age group

5.2.Generation X

5.2.1.Key market trends, growth factors, and opportunities
5.2.2.Market size and forecast, by country

5.3.Millennial

5.3.1.Key market trends, growth factors, and opportunities
5.3.2.Market size and forecast, by country

5.4.Generation Z

5.4.1.Key market trends, growth factors, and opportunities
5.4.2.Market size and forecast, by country

CHAPTER 6:ASIA-PACIFIC SKIN CARE PRODUCTS MARKET, BY DEMOGRAPHICS

6.1.Overview

6.1.1.Market size and forecast, by demographics

6.2.Male

6.2.1.Key market trends, growth factors, and opportunities
6.2.2.Market size and forecast, by country

6.3.Female

6.3.1.Key market trends, growth factors, and opportunities
6.3.2.Market size and forecast, by country

CHAPTER 7:ASIA-PACIFIC SKIN CARE PRODUCTS MARKET, BY DISTRIBUTION CHANNEL

7.1.Overview

7.1.1.Market size and forecast, by distribution channel

7.2.Supermarket/hypermarket

7.2.1.Key market trends, growth factors, and opportunities
7.2.2.Market size and forecast, by country

7.3.Specialty stores

7.3.1.Key market trends, growth factors, and opportunities
7.3.2.Market size and forecast, by country

7.4.Departmental stores

7.4.1.Key market trends, growth factors, and opportunities
7.4.2.Market size and forecast, by country

7.5.Beauty salons

7.5.1.Key market trends, growth factors, and opportunities
7.5.2.Market size and forecast, by country

7.6.E-commerce

7.6.1.Key market trends, growth factors, and opportunities
7.6.2.Market size and forecast, by country

CHAPTER 8:ASIA-PACIFIC SKIN CARE PRODUCTS MARKET, BY COUNTRY

8.1.Overview

8.1.1.Market size and forecast, by country

8.2.Sri Lanka

8.2.1.Market size and forecast, by product type
8.2.2.Market size and forecast, by age group
8.2.3.Market size and forecast, by demographics
8.2.4.Market size and forecast, by distribution channel

8.3.Philippines

8.3.1.Market size and forecast, by product type
8.3.2.Market size and forecast, by age group
8.3.3.Market size and forecast, by demographics
8.3.4.Market size and forecast, by distribution channel

8.4.Malaysia

8.4.1.Market size and forecast, by product type
8.4.2.Market size and forecast, by age group
8.4.3.Market size and forecast, by demographics
8.4.4.Market size and forecast, by distribution channel

8.5.Cambodia

8.5.1.Market size and forecast, by product type
8.5.2.Market size and forecast, by age group
8.5.3.Market size and forecast, by demographics
8.5.4.Market size and forecast, by distribution channel

8.6.Myanmar

8.6.1.Market size and forecast, by product type
8.6.2.Market size and forecast, by age group
8.6.3.Market size and forecast, by demographics
8.6.4.Market size and forecast, by distribution channel

8.7.Rest of Asia-Pacific

8.7.1.Market size and forecast, by product type
8.7.2.Market size and forecast, by age group
8.7.3.Market size and forecast, by demographics
8.7.4.Market size and forecast, by distribution channel

LIST OF TABLES

TABLE 01.ASIA-PACIFIC BABY SKIN CARE PRODUCTS MARKET, 2020–2030 ($ MILLION)
TABLE 02.ASIA-PACIFIC BABY SKIN CARE PRODUCTS MARKET, BY PRODUCT TYPE, 2020–2030 ($ MILLION)
TABLE 03.ASIA-PACIFIC BABY SKIN CARE PRODUCTS MARKET: LIST OF COMPETITORS & PRODUCT OFFERINGS
TABLE 04.ASIA-PACIFIC BABY SKIN CARE PRODUCTS MARKET: LIST OF COMPETITORS & PRODUCT OFFERINGS
TABLE 05.ASIA-PACIFIC SKIN CARE PRODUCTS MARKET, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 06.ASIA-PACIFIC SKIN CARE PRODUCTS MARKET FOR FACE CARE, BY COUNTRY, 2020–2030 ($MILLION)
TABLE 07.ASIA-PACIFIC SKIN CARE PRODUCTS MARKET FOR BODY CARE, BY COUNTRY, 2020–2030 ($MILLION)
TABLE 08.ASIA-PACIFIC SKIN CARE PRODUCTS MARKET FOR LIP CARE, BY COUNTRY, 2020–2030 ($MILLION)
TABLE 09.ASIA-PACIFIC SKIN CARE PRODUCTS MARKET FOR EYE CARE, BY COUNTRY, 2020–2030 ($MILLION)
TABLE 10.ASIA-PACIFIC SKIN CARE PRODUCTS MARKET FOR OTHERS, BY COUNTRY, 2020–2030 ($MILLION)
TABLE 11.ASIA-PACIFIC SKIN CARE PRODUCTS MARKET VALUE, BY AGE GROUP, 2020–2030 ($MILLION)
TABLE 12.ASIA-PACIFIC SKIN CARE PRODUCTS MARKET FOR GENERATION X, BY COUNTRY, 2020–2030 ($MILLION)
TABLE 13.ASIA-PACIFIC SKIN CARE PRODUCTS MARKET FOR MILLENNIAL, BY COUNTRY, 2020–2030 ($MILLION)
TABLE 14.ASIA-PACIFIC SKIN CARE PRODUCTS MARKET FOR GENERATION Z, BY COUNTRY, 2020–2030 ($MILLION)
TABLE 15.ASIA-PACIFIC SKIN CARE PRODUCTS MARKET VALUE, BY DEMOGRAPHICS, 2020–2030 ($MILLION)
TABLE 16.ASIA-PACIFIC SKIN CARE PRODUCTS MARKET FOR MALE, BY COUNTRY, 2020–2030 ($MILLION)
TABLE 17.ASIA-PACIFIC SKIN CARE PRODUCTS MARKET FOR FEMALE, BY COUNTRY, 2020–2030 ($MILLION)
TABLE 18.ASIA-PACIFIC SKIN CARE PRODUCTS MARKET, BY DISTRIBUTION CHANNEL, 2020–2030 ($MILLION)
TABLE 19.ASIA-PACIFIC SKIN CARE PRODUCTS MARKET FOR SUPERMARKET & HYPERMARKET, BY COUNTRY, 2020–2030 ($MILLION)
TABLE 20.ASIA-PACIFIC SKIN CARE PRODUCTS MARKET FOR SPECIALTY STORES, BY COUNTRY, 2020–2030 ($MILLION)
TABLE 21.ASIA-PACIFIC SKIN CARE PRODUCTS MARKET FOR DEPARTMENTAL STORES, BY COUNTRY, 2020–2030 ($MILLION)
TABLE 22.ASIA-PACIFIC SKIN CARE PRODUCTS MARKET FOR BEAUTY SALONS, BY COUNTRY, 2020–2030 ($MILLION)
TABLE 23.ASIA-PACIFIC SKIN CARE PRODUCTS MARKET FOR E-COMMERCE, BY COUNTRY, 2020–2030 ($MILLION)
TABLE 24.ASIA-PACIFIC SKIN CARE PRODUCTS MARKET FOR E-PHARMACIES, BY COUNTRY, 2020–2030 ($MILLION)
TABLE 25.ASIA-PACIFIC SKIN CARE PRODUCTS MARKET FOR ORGANIZED PHARMACIES, BY COUNTRY, 2020–2030 ($MILLION)
TABLE 26.ASIA-PACIFIC SKIN CARE PRODUCTS MARKET, BY COUNTRY, 2020–2030 ($MILLION)
TABLE 27.SRI LANKA SKIN CARE PRODUCTS MARKET, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 28.SRI LANKA SKIN CARE PRODUCTS MARKET VALUE, BY AGE GROUP, 2020–2030 ($MILLION)
TABLE 29.SRI LANKA SKIN CARE PRODUCTS MARKET VALUE, BY DEMOGRAPHICS, 2020–2030 ($MILLION)
TABLE 30.SRI LANKA SKIN CARE PRODUCTS MARKET VALUE, BY DISTRIBUTION CHANNEL, 2020–2030 ($MILLION)
TABLE 31.PHILIPPINES SKIN CARE PRODUCTS MARKET, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 32.PHILIPPINES SKIN CARE PRODUCTS MARKET VALUE, BY AGE GROUP, 2020–2030 ($MILLION)
TABLE 33.PHILIPPINES SKIN CARE PRODUCTS MARKET VALUE, BY DEMOGRAPHICS, 2020–2030 ($MILLION)
TABLE 34.PHILIPPINES SKIN CARE PRODUCTS MARKET VALUE, BY DISTRIBUTION CHANNEL, 2020–2030 ($MILLION)
TABLE 35.MALAYSIA SKIN CARE PRODUCTS MARKET, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 36.MALAYSIA SKIN CARE PRODUCTS MARKET VALUE, BY AGE GROUP, 2020–2030 ($MILLION)
TABLE 37.MALAYSIA SKIN CARE PRODUCTS MARKET VALUE, BY DEMOGRAPHICS, 2020–2030 ($MILLION)
TABLE 38.MALAYSIA SKIN CARE PRODUCTS MARKET VALUE, BY DISTRIBUTION CHANNEL, 2020–2030 ($MILLION)
TABLE 39.CAMBODIA SKIN CARE PRODUCTS MARKET, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 40.CAMBODIA SKIN CARE PRODUCTS MARKET VALUE, BY AGE GROUP, 2020–2030 ($MILLION)
TABLE 41.CAMBODIA SKIN CARE PRODUCTS MARKET VALUE, BY DEMOGRAPHICS, 2020–2030 ($MILLION)
TABLE 42.CAMBODIA SKIN CARE PRODUCTS MARKET VALUE, BY DISTRIBUTION CHANNEL, 2020–2030 ($MILLION)
TABLE 43.MYANMAR SKIN CARE PRODUCTS MARKET, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 44.MYANMAR SKIN CARE PRODUCTS MARKET VALUE, BY AGE GROUP, 2020–2030 ($MILLION)
TABLE 45.MYANMAR SKIN CARE PRODUCTS MARKET VALUE, BY DEMOGRAPHICS, 2020–2030 ($MILLION)
TABLE 46.MYANMAR SKIN CARE PRODUCTS MARKET VALUE, BY DISTRIBUTION CHANNEL, 2020–2030 ($MILLION)
TABLE 47.REST OF ASIA-PACIFIC SKIN CARE PRODUCTS MARKET, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 48.REST OF ASIA-PACIFIC SKIN CARE PRODUCTS MARKET VALUE, BY AGE GROUP, 2020–2030 ($MILLION)
TABLE 49.REST OF ASIA-PACIFIC SKIN CARE PRODUCTS MARKET VALUE, BY DEMOGRAPHICS, 2020–2030 ($MILLION)
TABLE 50.REST OF ASIA-PACIFIC SKIN CARE PRODUCTS MARKET VALUE, BY DISTRIBUTION CHANNEL, 2020–2030 ($MILLION)

LIST OF FIGURES

FIGURE 01.KEY MARKET SEGMENTS
FIGURE 02.ASIA-PACIFIC SKIN CARE PRODUCTS MARKET SNAPSHOT, 2021–2030
FIGURE 03.TOP INVESTMENT POCKETS
FIGURE 04.MODERATE BARGAINING POWER OF SUPPLIERS
FIGURE 05.HIGH BARGAINING POWER OF BUYERS
FIGURE 06.MODERATE THREAT OF SUBSTITUTION
FIGURE 07.MODERATE TO HIGH THREAT OF NEW ENTRANTS
FIGURE 08.MODERATE INTENSITY OF COMPETITIVE RIVALRY
FIGURE 09.ASIA-PACIFIC BABY SKIN CARE PRODUCTS MARKET VALUE, 2020 – 2030 ($MILLION)
FIGURE 10.ASIA-PACIFIC SKIN CARE PRODUCTS MARKET, BY PRODUCT TYPE, 2020 (%)
FIGURE 11.COMPARATIVE VALUE SHARE ANALYSIS OF ASIA-PACIFIC SKIN CARE PRODUCTS MARKET FOR FACE CARE, BY COUNTRY, 2020 & 2030 (%)
FIGURE 12.COMPARATIVE VALUE SHARE ANALYSIS OF ASIA-PACIFIC SKIN CARE PRODUCTS MARKET FOR BODY CARE, BY COUNTRY, 2020 & 2030 (%)
FIGURE 13.COMPARATIVE VALUE SHARE ANALYSIS OF ASIA-PACIFIC SKIN CARE PRODUCTS MARKET FOR LIP CARE, BY COUNTRY, 2020 & 2030 (%)
FIGURE 14.COMPARATIVE VALUE SHARE ANALYSIS OF ASIA-PACIFIC SKIN CARE PRODUCTS MARKET FOR EYE CARE, BY COUNTRY, 2020 & 2030 (%)
FIGURE 15.COMPARATIVE VALUE SHARE ANALYSIS OF ASIA-PACIFIC SKIN CARE PRODUCTS MARKET FOR OTHERS, BY COUNTRY, 2020 & 2030 (%)
FIGURE 16.ASIA-PACIFIC SKIN CARE PRODUCTS MARKET, BY AGE GROUP, 2020 (%)
FIGURE 17.COMPARATIVE VALUE SHARE ANALYSIS OF ASIA-PACIFIC SKIN CARE PRODUCTS MARKET FOR GENERATION X, BY COUNTRY, 2020 & 2030 (%)
FIGURE 18.COMPARATIVE VALUE SHARE ANALYSIS OF ASIA-PACIFIC SKIN CARE PRODUCTS MARKET FOR MILLENNIAL, BY COUNTRY, 2020 & 2030 (%)
FIGURE 19.COMPARATIVE VALUE SHARE ANALYSIS OF ASIA-PACIFIC SKIN CARE PRODUCTS MARKET FOR MILLENNIAL, BY COUNTRY, 2020 & 2030 (%)
FIGURE 20.ASIA-PACIFIC SKIN CARE PRODUCTS MARKET, BY DEMOGRAPHICS, 2020 (%)
FIGURE 21.COMPARATIVE VALUE SHARE ANALYSIS OF ASIA-PACIFIC SKIN CARE PRODUCTS MARKET FOR MALE, BY COUNTRY, 2020 & 2030 (%)
FIGURE 22.COMPARATIVE VALUE SHARE ANALYSIS OF ASIA-PACIFIC SKIN CARE PRODUCTS MARKET FOR FEMALE, BY COUNTRY, 2020 & 2030 (%)
FIGURE 23.ASIA-PACIFIC SKIN CARE PRODUCTS MARKET, BY DISTRIBUTION CHANNEL, 2020 (%)
FIGURE 24.COMPARATIVE VALUE SHARE ANALYSIS OF ASIA-PACIFIC SKIN CARE PRODUCTS MARKET FOR SUPERMARKET/HYPERMARKET, BY COUNTRY, 2020 & 2030 (%)
FIGURE 25.COMPARATIVE VALUE SHARE ANALYSIS OF ASIA-PACIFIC SKIN CARE PRODUCTS MARKET FOR SPECIALTY STORES, BY COUNTRY, 2020 & 2030 (%)
FIGURE 26.COMPARATIVE VALUE SHARE ANALYSIS OF ASIA-PACIFIC SKIN CARE PRODUCTS MARKET FOR DEPARTMENTAL STORES, BY COUNTRY, 2020 & 2030 (%)
FIGURE 27.COMPARATIVE VALUE SHARE ANALYSIS OF ASIA-PACIFIC SKIN CARE PRODUCTS MARKET FOR BEAUTY SALONS, BY COUNTRY, 2020 & 2030 (%)
FIGURE 28.COMPARATIVE VALUE SHARE ANALYSIS OF ASIA-PACIFIC SKIN CARE PRODUCTS MARKET FOR E-COMMERCE, BY COUNTRY, 2020 & 2030 (%)
FIGURE 29.ASIA-PACIFIC SKIN CARE PRODUCTS MARKET, BY COUNTRY 2020 (%)
FIGURE 30.SRI LANKA SKIN CARE PRODUCTS MARKET VALUE, 2020 – 2030 ($MILLION)
FIGURE 31.PHILIPPINES SKIN CARE PRODUCTS MARKET VALUE, 2020 – 2030 ($MILLION)
FIGURE 32.MALAYSIA SKIN CARE PRODUCTS MARKET VALUE, 2020 – 2030 ($MILLION)
FIGURE 33.CAMBODIA SKIN CARE PRODUCTS MARKET VALUE, 2020 – 2030 ($MILLION)
FIGURE 34.MYANMAR SKIN CARE PRODUCTS MARKET VALUE, 2020 – 2030 ($MILLION)
FIGURE 35.REST OF ASIA PACIFIC SKIN CARE PRODUCTS MARKET VALUE, 2020 – 2030 ($MILLION)


 
 

This section provides the opinion of the top-level CXOs in the Asia-Pacific skin care products market. According to the insights of CXOs, natural and organic skin care products are performing decently in AsiaPacific skin care products market. Thus, shift in the consumer purchasing behavior makes way for manufacturers to introduce herbal skin care products along with affordable prices and eco-friendly packaging. The CXOs further added that rise in trend has been witnessed among consumers of using skin care products such as lip balm, lotion, cream, herbal products, and gel to enhance their physical appearance and keep skin younger and radiant. This factor acts a key driving force of the skin care products market in the region. Furthermore, increase in penetration of various online portals and huge discounts offered by online channels to attract a large consumer base contribute toward the growth of the market.

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A. Asia-Pacific skin care products market was valued at $61,253.6 million in 2020, and is projected reach $105,668.2 million by 2030.

A. Asia-Pacific Skin Care Market is registering a CAGR of 5.4% from 2021 to 2030.

A. Raise the query and paste the link of the specific report and our sales executive will revert you back with the sample.

A. The year 2020 is the base year calculated in the Asia-Pacific Skin Care Market report.

A. The Asia-Pacific skin care products market is segmented into product type, demographics, age group, and sales channel.

A. Increasing adoption of skin care products among male population and demand for organic products are the key trends in the Asia-Pacific Skin Care Market report.

A. Facecare holds the maximum market share of the Asia-Pacific Skin Care Market by Type category.

A. Owing to the home isolation and preventative health trends during the pandemic, consumers were spending on essential products on priority. Face masks are set to record the highest volume growth in 2020, due to the closure of beauty salons as non-essential businesses, encouraging consumers to turn to at-home beauty treatments instead, a trend which will positively impact the demand for skin care products.

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Featured Reports

 

Erythropoietin Drugs Market

Global Opportunity Analysis and Industry Forecast, 2021–2028

Published in May 2021

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Protein Therapeutics Market

Global Opportunity Analysis and Industry Forecast, 2021–2030

Published in Feb 2022

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Surgical Equipment Market

Global Opportunity Analysis and Industry Forecast, 2020-2027

Published in Jan 2021

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Medical Implant Market

Global Opportunity Analysis and Industry Forecast, 2020–2027

Published in Nov 2020

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Why Allied Market Research?

 

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save time of readers