Germany Skin Care Product Market Size, Share, Industry | 2031
Germany Skin Care Product Market Size, Share, Industry | 2031
Segments - Germany Skincare Product Market by Types (Facial Care, Body Care, and Others), Distribution Channels (Supermarkets/Hypermarkets, Conveniences Stores, Specialist Stores, and Others), and Country (Germany) - Germany Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 – 2031
Upcoming
| Report ID :CG-3868
| 4.8 Rating
| 67 Reviews
| 215 Pages
| Format :
Report Description
The German skincare products market size was valued at USD 431.65 Million in 2022 and is anticipated to reach USD 629.42 Million by 2031, expanding at a CAGR of 4.28% during the forecast period, 2023–2031. The growth of the market is attributed to increasing aging population.
Skin care refers to cosmetics that are intended to protect and care for the skin. These include sunscreen, as well as various creams and lotions for the face, hands, and feet. Skin treatment items with a health focus, such as acne treatments, are excluded since they are included under OTC pharmaceuticals in the consumer market. In terms of market value, German skin care products market leads the European market.
Consumers in Germany are recognized for making well-informed products based on their skin type & preferences. Men & women alike are still looking for product formulations that fulfil their expectations in terms of quality & adverse effects.
German Skincare Products Market Trends, Drivers, Restraints, and Opportunities
- Increasing aging population in Germany, is projected to boost the market.
- Expanding female population is leading to high demand of anti-aging products, which is projected to drive the market.
- Multipurpose items and those utilized by and under expert supervision have become increasingly popular in recent years, which is projected to fuel the market.
- Increasing awareness among consumers about organic cosmetics is projected to drive the market.
- Organic and natural cosmetics are becoming increasingly popular among younger generation is estimated to drive the market.
- High cost of the cosmetic products, is anticipated to hamper the market.
Scope of the German Skincare Products Market Report
The report on the German skincare products market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
|
Attributes |
Details |
|
Report Title |
Skincare Products Market - German Industry Analysis, Growth, Share, Size, Trends, and Forecast |
|
Base Year |
2022 |
|
Historic Data |
2016–2021 |
|
Forecast Period |
2023–2031 |
|
Segmentation |
Type (Facial Care, Body Care, and Others), Distribution Channel (Supermarkets/Hypermarkets, Conveniences Stores, Specialist Stores, and Others) |
|
Country Scope |
Germany |
|
Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
|
Key Players Covered in the Report |
L’Oreal S.A.; Procter & Gamble.; Beiersdrof AG.; Unilever.; ESTEE LAUDER COMPANIES INC. |
German Skincare Products Market Segment Insights
The facial care segment is expected to grow at a rapid pace
Based on types, the German skincare products market is divided into facial care, body care, and others. The facial care segment is expected to grow at a rapid pace during the forecast period due to increasing use of facial care products by men and women. Sales of facial skin care products are estimated to be the maximum.
The distribution channel segment is projected to expand at a considerable CAGR
On the basis of distribution channels, the market is segregated into supermarkets/hypermarkets, conveniences stores, specialist stores, and others. The major distribution channel for natural cosmetics is drug shops, which account for over 40% of the market, followed by department stores, perfumeries, and salons.
Online vendors profit due to the lack of flexibility in traditional stationary stores. In the next two years, online expenditure is expected to rise by 8%, with men and women spending about similar amounts on cosmetic items.
Germany is anticipated to constitute a key market share
German skincare products market is expected to constitute a key share of the overall market during the projected period due to increasing aging population in the country. Even if immigration has increased since 2011, when the general fall was noted, Germany has one of the world's fastest-aging and declining populations. The main focus is on active ageing, so that a growing percentage of people live a healthy life for a long period of time.
Segments
The German skincare products market has been segmented on the basis of
Type
- Facial Care
- Body Care
- Others
Distribution Channel
- Supermarkets/Hypermarkets
- Conveniences Stores
- Specialist Stores
- Others
Country
- Germany
Key Players
- L’Oreal S.A.
- Procter & Gamble.
- Beiersdrof AG.
- Unilever.
- ESTEE LAUDER COMPANIES INC.
Competitive Landscape
Key players competing in the German skincare products market includes L’Oreal S.A.; Procter & Gamble.; Beiersdrof AG.; Unilever.; ESTEE LAUDER COMPANIES INC. Some of these players are adopting various strategies, such as partnerships, acquisitions, and product launches, to gain a larger share in the market. The skincare products market is fairly consolidated, with the top players controlling majority of market share.
Table Of Content
1. Executive Summary2. Assumptions and Acronyms Used
3. Research Methodology
4. Skincare Product Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Skincare Product Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Skincare Product Market - Supply Chain
4.5. Global Skincare Product Market Forecast
4.5.1. Skincare Product Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Skincare Product Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Skincare Product Market Absolute $ Opportunity
5. Global Skincare Product Market Analysis and Forecast by Types
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Types
5.2.2. Y-o-Y Growth Projections by Types
5.3. Skincare Product Market Size and Volume Forecast by Types
5.3.1. Facial Care
5.3.2. Body Care
5.3.3. Others
5.4. Absolute $ Opportunity Assessment by Types
5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Skincare Product Market Analysis and Forecast by Region
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Region
6.2.2. Y-o-Y Growth Projections by Region
6.3. Skincare Product Market Size and Volume Forecast by Region
6.3.1. North America
6.3.2. Latin America
6.3.3. Europe
6.3.4. Asia Pacific
6.3.5. Middle East and Africa (MEA)
6.4. Absolute $ Opportunity Assessment by Region
6.5. Market Attractiveness/Growth Potential Analysis by Region
6.6. Global Skincare Product Demand Share Forecast, 2019-2026
7. North America Skincare Product Market Analysis and Forecast
7.1. Introduction
7.1.1. Basis Point Share (BPS) Analysis by Country
7.1.2. Y-o-Y Growth Projections by Country
7.2. North America Skincare Product Market Size and Volume Forecast by Country
7.2.1. U.S.
7.2.2. Canada
7.3. Absolute $ Opportunity Assessment by Country
7.4. North America Skincare Product Market Size and Volume Forecast by Types
7.4.1. Facial Care
7.4.2. Body Care
7.4.3. Others
7.5. Basis Point Share (BPS) Analysis by Types
7.6. Y-o-Y Growth Projections by Types
7.7. Market Attractiveness/Growth Potential Analysis
7.7.1. By Country
7.7.2. By Product Type
7.7.3. By Application
7.8. North America Skincare Product Demand Share Forecast, 2019-2026
8. Latin America Skincare Product Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.1.3. Latin America Average Pricing Analysis
8.2. Latin America Skincare Product Market Size and Volume Forecast by Country
8.2.1. Brazil
8.2.2. Mexico
8.2.3. Rest of Latin America
8.3. Absolute $ Opportunity Assessment by Country
8.4. Latin America Skincare Product Market Size and Volume Forecast by Types
8.4.1. Facial Care
8.4.2. Body Care
8.4.3. Others
8.5. Basis Point Share (BPS) Analysis by Types
8.6. Y-o-Y Growth Projections by Types
8.7. Market Attractiveness/Growth Potential Analysis
8.7.1. By Country
8.7.2. By Product Type
8.7.3. By Application
8.8. Latin America Skincare Product Demand Share Forecast, 2019-2026
9. Europe Skincare Product Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Europe Average Pricing Analysis
9.2. Europe Skincare Product Market Size and Volume Forecast by Country
9.2.1. Germany
9.2.2. France
9.2.3. Italy
9.2.4. U.K.
9.2.5. Spain
9.2.6. Russia
9.2.7. Rest of Europe
9.3. Absolute $ Opportunity Assessment by Country
9.4. Europe Skincare Product Market Size and Volume Forecast by Types
9.4.1. Facial Care
9.4.2. Body Care
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Types
9.6. Y-o-Y Growth Projections by Types
9.7. Market Attractiveness/Growth Potential Analysis
9.7.1. By Country
9.7.2. By Product Type
9.7.3. By Application
9.8. Europe Skincare Product Demand Share Forecast, 2019-2026
10. Asia Pacific Skincare Product Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Asia Pacific Average Pricing Analysis
10.2. Asia Pacific Skincare Product Market Size and Volume Forecast by Country
10.2.1. China
10.2.2. Japan
10.2.3. South Korea
10.2.4. India
10.2.5. Australia
10.2.6. Rest of Asia Pacific (APAC)
10.3. Absolute $ Opportunity Assessment by Country
10.4. Asia Pacific Skincare Product Market Size and Volume Forecast by Types
10.4.1. Facial Care
10.4.2. Body Care
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Types
10.6. Y-o-Y Growth Projections by Types
10.7. Market Attractiveness/Growth Potential Analysis
10.7.1. By Country
10.7.2. By Product Type
10.7.3. By Application
10.8. Asia Pacific Skincare Product Demand Share Forecast, 2019-2026
11. Middle East & Africa Skincare Product Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Middle East & Africa Average Pricing Analysis
11.2. Middle East & Africa Skincare Product Market Size and Volume Forecast by Country
11.2.1. Saudi Arabia
11.2.2. South Africa
11.2.3. UAE
11.2.4. Rest of Middle East & Africa (MEA)
11.3. Absolute $ Opportunity Assessment by Country
11.4. Middle East & Africa Skincare Product Market Size and Volume Forecast by Types
11.4.1. Facial Care
11.4.2. Body Care
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Types
11.6. Y-o-Y Growth Projections by Types
11.7. Market Attractiveness/Growth Potential Analysis
11.7.1. By Country
11.7.2. By Product Type
11.7.3. By Application
11.8. Middle East & Africa Skincare Product Demand Share Forecast, 2019-2026
12. Competition Landscape
12.1. Global Skincare Product Market: Market Share Analysis
12.2. Skincare Product Distributors and Customers
12.3. Skincare Product Market: Competitive Dashboard
12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
12.4.1. L’Oreal S.A.
12.4.2. Procter & Gamble.
12.4.3. Beiersdrof AG.
12.4.4. Unilever.
12.4.5. ESTEE LAUDER COMPANIES INC.
Methodology
Related Reports
Some other reports from this category!
Our Clients
