Skin Lightening Products Market
Skin Lightening Products Market By Nature (Conventional, Organic), By Product Type (Creams and Lotions, Cleansers and Toners & Other Product Types), By Sales Channel & By Region - Global Market Insights 2022 to 2032
Analysis of Skin Lightening Products market covering 30 + countries including analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Skin Lightening Products Market Outlook (2022 to 2032)
The global skin lightening products market reached a valuation of around US$ 10 Bn in 2021 and is slated to accelerate at a CAGR of 7.5% to top US$ 22 Bn by 2032. Demand for creams and lotions is high and is set to increase at a CAGR of 7.5% across the assessment period of 2022 to 2032.
Due to the COVID-19 crisis, demand for skin-lightening products was hit in 2020, which saw a decline. But with the growth of online sales channels, demand is expected to bounce back.
| Report Attributes | Details |
|---|---|
| Skin Lightening Products Market Size (2022) | US$ 10.74 Billion |
| Projected Market Value (2032F) | US$ 22 Billion |
| Global Market Growth Rate (2022 to 2032) | 7.5% CAGR |
| Asia Pacific Market Share (2022) | 50% |
| North America Market Share (2022) | 22% |
| Key Companies Profiled | L’Oréal S.A.; Procter & Gamble Co.; Unilever plc.; Beiersdorf AG; Estee Lauder Co., Inc.; Avon Products, Inc.; Shiseido Company Limited; E.T. Browne Drug Co., Inc.; Kao Corporation; Emami Ltd.; Dabur India Ltd.; Johnson & Johnson |
The Asia Pacific contributes a major share of the global market due to rapid infrastructural developments in countries such as India, China, Indonesia, and Vietnam. The rising population and housing sector in the region are also expected to boost demand for Skin Lightening Products to US$ 105 Bn by 2032.
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Skin Lightening Products Demand Analysis (2017 to 2021) in Comparison to Market Estimations (2022 to 2032)
Over the past half-decade, skin-lightening has witnessed significant growth with sales increasing at a CAGR of around 7%, attributed to high demand seen from countries in the Asia Pacific region such as India, China, Malaysia, Bangladesh, and Thailand.
Spending on skin care products has increased by multi folds mainly due to the penetration of organic skin care products in the market. The Y-o-Y growth of skin care products in the Asia Pacific during the period 2017 to 2021 has been around 5.5% with skin-lightening products contributing to the majority of the sales.
While the average price of skin care products has hovered around US$ 18, the price is expected to rise further owing to the rising trend of premium skin care products which includes facial treatments and anti-aging products. Moreover, the rise in spending on organic products has leveraged the market while showing a promising growth rate for skin-lightening products growing at a CAGR of around 7.5% over the forecast period.
What’s driving the Growth of the Global Skin Lightening Products Market?
Natural Skin Care Products to Offer Robust Growth Prospects
Even though the growth of natural beauty products has been slow, it is picking up pace. Currently, natural beauty products account for about 4.5% of the total market which includes natural skin care products too. Moreover, sales of cosmetic products claiming to be natural have seen a 14% growth in sales attributed to the shift in consumer preference coupled with rising awareness regarding the ill effects of using synthetic products.
Furthermore, the inclusion of some specific ingredients such as charcoal and avocado oil in beauty products especially in the skin care segment has seen around a 200% annual rise in sales hence providing a positive outlook to the industry.
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What are the Key Opportunities for Skin Lightening Product Manufacturers?
Increasing Trust in Creams and Lotions to Accelerate Sales
Various surveys talk about the emotional benefits consumers feel after the use of skin care products. For instance, a recent survey conducted by Cosmetics Europe has shown that around 70% of the people who took part agreed that cosmetics improve quality of life.
Additionally, customers are willing to pay for natural skin care products which are backed by scientific evidence. For instance, a recent survey revealed that around 53% of FMCG consumers prefer the absence of undesirable ingredients to the inclusion of beneficial ones.
Moreover, over the years market players have significantly expanded their portfolios by adding new products to their regimes such as serums and retinol creams. These stated factors have significantly contributed towards upward growth in demand and sales of skin care products in turn propelling the skin-lightening market.
What are the Restraints that Skin Lightening Product Suppliers Face?
Rising Popularity of Scientifically-backed Regional Products to Impact Sales
Over the years sales of skin care and skin-lightening products through retail outlets have declined owing to the rise in sales of online cosmetic products. Additionally, authentically proven and scientifically backed local products are gaining prominence giving tough competition to market giants.
Also, paraben-free skin care products are what consumers nowadays demand which has led to a significant decrease in sales of traditional products. In addition to paraben-free skin care products, consumers are preferring products free of ingredients such as sulphates, artificial fragrances, phthalates, and many more. These recent trends have led to a decline in revenue growth for companies that have a limited product line up thus acting as a roadblock in the growth of skin-lightening product sales.
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Competitive landscape highlights only certain players
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How Crucial is Development in the Skin Lightening Products Market for Start-ups?
Emerging Start-Ups are Adopting Influencer Marketing to expand their Customer-base
Prominent consumption in Asian and African countries has opened immense growth prospects for emerging start-ups to set up a base for fairness cream manufacturers. Topographical location and increasing westernization have boosted a trend of white skin tone.
For instance, founded in 2018, Beautiful Glow is an internet-first brand of beauty accessories. The product catalogue includes facial cleansers and whitening tools. The products are sold at discounted prices for limited periods. It claims that the products are helpful for sensitive skin and are shipped worldwide.
Which Regional Market is catching the Attention of Skin Lightening Products Suppliers?
The topography is Likely to Play an Imperative Role in the Augmented Demand for Fairness Creams
The Asia Pacific region is expected to be the most lucrative market for skin-lightening products, attributed to the growing consciousness towards one’s appearance coupled with growing disposable income in the region. With an expected incremental $ opportunity of US$ 90 Mn, the market in the Asia Pacific will grow at a steady pace over the forecast period.
Growing at a CAGR of around 8% the Asia Pacific has merged as a promising destination for the sales of skin-lightening products. Moreover, market players are targeting emerging markets like China, India, and Malaysia as the rising in young population joining the workforce is bolstering the demand for the skin care products segment. For instance, female participation in the workforce in Malaysia is around 46%, which is helping the skin care segment to grow at an impressive rate.
Country-wise Analysis
What Makes Germany a Hub for Skin-Lightening Product Demand?
Germany is a leading market for beauty and cosmetics products in Europe valued at around US$ 15 Bn, with the skincare segment seeing the highest growth among all. Germany currently has the most rapidly aging population in the world, as a result, anti-aging skin care products are in high demand in the region.
Additionally, organic products are picking up the trend in Europe as people are getting aware of the benefits it provides along with the ill effects synthetic products pose. For instance, organic cosmetics account for around 15% of the total beauty product sales in Germany.
Moreover, the consumption pattern in Germany is anticipated to continue as German buyers keep on spending 1.2X higher than the European average on skin care products. It is noteworthy that during the last five years of the forecast period i.e. 2022 to 2032, annual incremental addition is projected to be more than US$ 30 Mn.
What Prospect Does China Show for Skin Lightening Products?
Skincare accounts for around 50% of the total cosmetic sales revenue in China, which is 2X the world average in terms of revenue, thus making it a lucrative market in the long run.
Additionally, the revenue growth is mainly due to the penetration of foreign brands in China with Japanese and Korean products accounting for around 48% of the total market share.
Moreover, facial products which contain whitening agents are mostly preferred by people in China along with the growing trend of organic products is propelling the growth of skin-lightening products in China.
Category-wise Insights
Will Demand for Creams & Lotions Increase?
Creams and Lotion are expected to remain high in demand, with sales accounting for about half of the total revenue share. Additionally, the face mask will exhibit the highest CAGR surpassing US$ 900 Mn worth in revenue by the end of the forecast period. Additionally, the segment is expected to garner incremental $ opportunity of around US$ 80 Mn giving a positive outlook to the industry.
Moreover, with the penetration of organic skin care products in the market creams and lotions will project additional growth owing to a wide range of product line-ups coupled with growing disposable income in regions like China, India, and Europe.
Will Online Sales of Skin Lightening Products Surge?
Online shopping is a recent trend in the world of beauty and cosmetic products, while the top 20 manufacturers still opt for traditional sales channels such as supermarkets and retail stores, change is evident in millennials nowadays who want everything at their fingertips.
For instance, in 2021 Americans spent about US$ 14 Bn on beauty and cosmetic products online. The growth of online sales can be attributed to the varied product lineup it offers and the range of brands to choose from.
It is interesting to note that the top 20 brands which capture 90%14% of the share online.
Competitive Landscape
Highly Fragmented Market Structure with Organized and Unorganized Players
The aforementioned players are mainly relying on a mix of organic and inorganic growth strategies such as product launches, acquisitions, and collaboration. Some of the key developments are:-
- For instance, Gillette, in 2021, launched shaving and skincare products under the brand name PLANET KIND. The product line-up includes face washes, moisturizers, and others.
- In 2021, with a focus on individual skincare needs, Beiersdorf launched the newly formulated face care brand OWN.
- Moreover, in 2021, L’Oreal acquired a skincare brand Theyers Natural Remedies, a US-based company. Through this acquisition, L’Oreal expects to increase its customer base by integrating it into the customer product division.
Key Segments in Skin Lightening Products Industry Research
-
By Nature :
- Conventional
- Organic
-
By Product Type :
- Creams and Lotions
- Cleansers and Toners
- Face Masks
- Scrubs
- Other Product Types
-
By Sales Channel :
- Specialty Stores
- Convenience Stores
- Online Retailers
- Other Sales Channels
-
By Region :
- North America
- Latin America
- Europe
- Japan
- APEJ
- Middle East Africa
Table of Content
- 1. Executive Summary
- 2. Market Overview
- 3. Market Risks and Trends Assessment
- 4. Global Market Demand Analysis 2017 to 2021 And Forecast, 2022 to 2032
- 5. Global Market - Pricing Analysis
- 6. Global Market Value Analysis 2017 to 2021 And Forecast, 2022 to 2032
- 7. Global Market Analysis 2017 to 2021 And Forecast 2022 to 2032, By Nature
- 7.1. Conventional Organic
- 7.2. Organic
- 8. Global Market Analysis 2017 to 2021 And Forecast 2022 to 2032, By Product Type
- 8.1. Creams and Lotions
- 8.2. Cleanser and Toners
- 8.3. Face Masks
- 8.4. Scrubs
- 8.5. Other Product Types
- 9. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Sales Channel
- 9.1. Modern Trade
- 9.2. Specialty Stores
- 9.3. Convenience Store
- 9.4. Online Retailers
- 9.5. Drugstores
- 9.6. Other Sales
- 10. Global Market Analysis 2017 to 2021 And Forecast 2022 to 2032, by Region
- 10.1. North America
- 10.2. Latin America
- 10.3. Europe
- 10.4. Japan
- 10.5. APEJ
- 10.6. Middle East and Africa (MEA)
- 11. North America Market Analysis 2017 to 2021 And Forecast 2022 to 2032
- 12. Latin America Market Analysis 2017 to 2021 And Forecast 2022 to 2032
- 13. Europe Market Analysis 2017 to 2021 And Forecast 2022 to 2032
- 14. Japan Market Analysis 2017 to 2021 And Forecast 2022 to 2032
- 15. APEJ Market Analysis 2017 to 2021 And Forecast 2022 to 2032
- 16. Middle East and Africa Market Analysis 2017 to 2021 and Forecast 2022 to 2032
- 17. Market Structure Analysis
- 18. Competition Analysis
- 18.1. L’Oréal S.A
- 18.2. Procter & Gamble Co.
- 18.3. Unilever plc.
- 18.4. Beiersdorf AG
- 18.5. Estee Lauder Cos., Inc.
- 18.6. Avon Products, Inc.
- 18.7. Shiseido Company Limited
- 18.8. E.T. Browne Drug Co., Inc.
- 18.9. Kao Corporation
- 18.10. Emami Ltd.
- 18.11. Dabur India Ltd
- 18.12. Johnson & Johnson
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List Of Table
TABLE 01: Global Market Value (US$ Mn), 2017 to 2021
TABLE 02: Global Market Value (US$ Mn), 2022 to 2032
TABLE 03: Global Market Value (US$ Mn) and Y-o-Y, 2017 to 2032
TABLE 04: Global Conventional Segment Value (US$ Mn), By Region 2017 to 2021
TABLE 05: Global Conventional Segment Value (US$ Mn), By Region 2022 to 2032
TABLE 06: Global Conventional Segment Market Share, By Region 2017 to 2021
TABLE 07: Global Conventional Segment Market Share, By Region 2022 to 2032
TABLE 08: Global Conventional Segment Y-o-Y, By Region 2017 to 2032
TABLE 09: Global Organic Segment Value (US$ Mn), By Region 2017 to 2021
TABLE 10: Global Organic Segment Value (US$ Mn), By Region 2022 to 2032
TABLE 11: Global Organic Segment Market Share, By Region 2017 to 2021
TABLE 12: Global Organic Segment Market Share, By Region 2022 to 2032
TABLE 13: Global Organic Segment Y-o-Y, By Region 2017 to 2032
TABLE 14: Global Creams and Lotions Segment Value (US$ Mn), By Region 2017 to 2021
TABLE 15: Global Creams and Lotions Segment Value (US$ Mn), By Region 2022 to 2032
TABLE 16: Global Creams and Lotions Segment Market Share, By Region 2017 to 2021
TABLE 17: Global Creams and Lotions Segment Market Share, By Region 2022 to 2032
TABLE 18: Global Creams and Lotions Segment Y-o-Y, By Region 2017 to 2032
TABLE 19: Global Cleansers and Toners Segment Value (US$ Mn), By Region 2017 to 2021
TABLE 20: Global Cleansers and Toners Segment Value (US$ Mn), By Region 2022 to 2032
TABLE 21: Global Cleansers and Toners Segment Market Share, By Region 2017 to 2021
TABLE 22: Global Cleansers and Toners Segment Market Share, By Region 2022 to 2032
TABLE 23: Global Cleansers and Toners Segment Y-o-Y, By Region 2017 to 2032
TABLE 24: Global Face masks Segment Value (US$ Mn), By Region 2017 to 2021
TABLE 25: Global Face masks Segment Value (US$ Mn), By Region 2022 to 2032
TABLE 26: Global Face masks Segment Market Share, By Region 2017 to 2021
TABLE 27: Global Face masks Segment Market Share, By Region 2022 to 2032
TABLE 28: Global Face masks Segment Y-o-Y, By Region 2017 to 2032
TABLE 29: Global Scrubs Segment Value (US$ Mn), By Region 2017 to 2021
TABLE 30: Global Scrubs Segment Value (US$ Mn), By Region 2022 to 2032
TABLE 31: Global Scrubs Segment Market Share, By Region 2017 to 2021
TABLE 32: Global Scrubs Segment Market Share, By Region 2022 to 2032
TABLE 33: Global Scrubs Segment Y-o-Y, By Region 2017 to 2032
TABLE 34: Global Other Product Type Segment Value (US$ Mn), By Region 2017 to 2021
TABLE 35: Global Other Product Type Segment Value (US$ Mn), By Region 2022 to 2032
TABLE 36: Global Other Product Type Segment Market Share, By Region 2017 to 2021
TABLE 37: Global Other Product Type Segment Market Share, By Region 2022 to 2032
TABLE 38: Global Other Product Type Segment Y-o-Y, By Region 2017 to 2032
TABLE 39: Global Modern Trade Segment Value (US$ Mn), By Region 2017 to 2021
TABLE 40: Global Modern Trade Segment Value (US$ Mn), By Region 2022 to 2032
TABLE 41: Global Modern Trade Segment Market Share, By Region 2017 to 2021
TABLE 42: Global Modern Trade Segment Market Share, By Region 2022 to 2032
TABLE 43: Global Modern Trade Segment Y-o-Y, By Region 2017 to 2032
TABLE 44: Global Speciality Store Segment Value (US$ Mn), By Region 2017 to 2021
TABLE 45: Global Speciality Store Segment Value (US$ Mn), By Region 2022 to 2032
TABLE 46: Global Speciality Store Segment Market Share, By Region 2017 to 2021
TABLE 47: Global Speciality Store Segment Market Share, By Region 2022 to 2032
TABLE 48: Global Speciality Store Segment Y-o-Y, By Region 2017 to 2032
TABLE 49: Global Convenience Store Segment Value (US$ Mn), By Region 2017 to 2021
TABLE 50: Global Convenience Store Segment Value (US$ Mn), By Region 2022 to 2032
TABLE 51: Global Convenience Store Segment Market Share, By Region 2017 to 2021
TABLE 52: Global Convenience Store Segment Market Share, By Region 2022 to 2032
TABLE 53: Global Convenience Store Segment Y-o-Y, By Region 2017 to 2032
TABLE 54: Global Online Retailers Segment Value (US$ Mn), By Region 2017 to 2021
TABLE 55: Global Online Retailers Segment Value (US$ Mn), By Region 2022 to 2032
TABLE 56: Global Online Retailers Segment Market Share, By Region 2017 to 2021
TABLE 57: Global Online Retailers Segment Market Share, By Region 2022 to 2032
TABLE 58: Global Online Retailers Segment Y-o-Y, By Region 2017 to 2032
TABLE 59: Global Drugstores Segment Value (US$ Mn), By Region 2017 to 2021
TABLE 60: Global Drugstores Segment Value (US$ Mn), By Region 2022 to 2032
TABLE 61: Global Drugstores Segment Market Share, By Region 2017 to 2021
TABLE 62: Global Drugstores Segment Market Share, By Region 2022 to 2032
TABLE 63: Global Drugstores Segment Y-o-Y, By Region 2017 to 2032
TABLE 64: Global Other Sales Channel Segment Value (US$ Mn), By Region 2017 to 2021
TABLE 65: Global Other Sales Channel Segment Value (US$ Mn), By Region 2022 to 2032
TABLE 66: Global Other Sales Channel Segment Market Share, By Region 2017 to 2021
TABLE 67: Global Other Sales Channel Segment Market Share, By Region 2022 to 2032
TABLE 68: Global Other Sales Channel Segment Y-o-Y, By Region 2017 to 2032
TABLE 69: North America Market Value (US$ Mn), By Nature 2017 to 2021
TABLE 70: North America Market Value (US$ Mn), By Nature 2022 to 2032
TABLE 71: North America Market Value (US$ Mn), By Product Type 2017 to 2021
TABLE 72: North America Market Value (US$ Mn), By Product Type 2022 to 2032
TABLE 73: North America Market Value (US$ Mn), By Sales Channel 2017 to 2021
TABLE 74: North America Market Value (US$ Mn), By Sales Channel 2022 to 2032
TABLE 75: Latin America Market Value (US$ Mn), By Nature 2017 to 2021
TABLE 76: Latin America Market Value (US$ Mn), By Nature 2022 to 2032
TABLE 77: Latin America Market Value (US$ Mn), By Product Type 2017 to 2021
TABLE 78: Latin America Market Value (US$ Mn), By Product Type 2022 to 2032
TABLE 79: Latin America Market Value (US$ Mn), By Sales Channel 2017 to 2021
TABLE 80: Latin America Market Value (US$ Mn), By Sales Channel 2022 to 2032
TABLE 81: Europe Market Value (US$ Mn), By Nature 2017 to 2021
TABLE 82: Europe Market Value (US$ Mn), By Nature 2022 to 2032
TABLE 83: Europe Market Value (US$ Mn), By Product Type 2017 to 2021
TABLE 84: Europe Market Value (US$ Mn), By Product Type 2022 to 2032
TABLE 85: Europe Market Value (US$ Mn), By Sales Channel 2017 to 2021
TABLE 86: Europe Market Value (US$ Mn), By Sales Channel 2022 to 2032
TABLE 87: Japan Market Value (US$ Mn), By Nature 2017 to 2021
TABLE 88: Japan Market Value (US$ Mn), By Nature 2022 to 2032
TABLE 89: Japan Market Value (US$ Mn), By Product Type 2017 to 2021
TABLE 90: Japan Market Value (US$ Mn), By Product Type 2022 to 2032
TABLE 91: Japan Market Value (US$ Mn), By Sales Channel 2017 to 2021
TABLE 92: Japan Market Value (US$ Mn), By Sales Channel 2022 to 2032
TABLE 93: APEJ Market Value (US$ Mn), By Nature 2017 to 2021
TABLE 94: APEJ Market Value (US$ Mn), By Nature 2022 to 2032
TABLE 95: APEJ Market Value (US$ Mn), By Product Type 2017 to 2021
TABLE 96: APEJ Market Value (US$ Mn), By Product Type 2022 to 2032
TABLE 97: APEJ Market Value (US$ Mn), By Sales Channel 2017 to 2021
TABLE 98: APEJ Market Value (US$ Mn), By Sales Channel 2022 to 2032
TABLE 99: MEA Market Value (US$ Mn), By Nature 2017 to 2021
TABLE 100: MEA Market Value (US$ Mn), By Nature 2022 to 2032
TABLE 101: MEA Market Value (US$ Mn), By Product Type 2017 to 2021
TABLE 102: MEA Market Value (US$ Mn), By Product Type 2022 to 2032
TABLE 103: MEA Market Value (US$ Mn), By Sales Channel 2017 to 2021
TABLE 104: MEA Market Value (US$ Mn), By Sales Channel 2022 to 2032
TABLE 105: US Market Value (US$ Mn), By Nature 2017 to 2021
TABLE 106: US Market Value (US$ Mn), By Nature 2022 to 2032
TABLE 107: US Market Value (US$ Mn), By Product Type 2017 to 2021
TABLE 108: US Market Value (US$ Mn), By Product Type 2022 to 2032
TABLE 109: US Market Value (US$ Mn), By Sales Channel 2017 to 2021
TABLE 110: US Market Value (US$ Mn), By Sales Channel 2022 to 2032
TABLE 111: Canada Market Value (US$ Mn), By Nature 2017 to 2021
TABLE 112: Canada Market Value (US$ Mn), By Nature 2022 to 2032
TABLE 113: Canada Market Value (US$ Mn), By Product Type 2017 to 2021
TABLE 114: Canada Market Value (US$ Mn), By Product Type 2022 to 2032
TABLE 115: Canada Market Value (US$ Mn), By Sales Channel 2017 to 2021
TABLE 116: Canada Market Value (US$ Mn), By Sales Channel 2022 to 2032
TABLE 117: Brazil Market Value (US$ Mn), By Nature 2017 to 2021
TABLE 118: Brazil Market Value (US$ Mn), By Nature 2022 to 2032
TABLE 119: Brazil Market Value (US$ Mn), By Product Type 2017 to 2021
TABLE 120: Brazil Market Value (US$ Mn), By Product Type 2022 to 2032
TABLE 121: Brazil Market Value (US$ Mn), By Sales Channel 2017 to 2021
TABLE 122: Brazil Market Value (US$ Mn), By Sales Channel 2022 to 2032
TABLE 123: Mexico Market Value (US$ Mn), By Nature 2017 to 2021
TABLE 124: Mexico Market Value (US$ Mn), By Nature 2022 to 2032
TABLE 125: Mexico Market Value (US$ Mn), By Product Type 2017 to 2021
TABLE 126: Mexico Market Value (US$ Mn), By Product Type 2022 to 2032
TABLE 127: Mexico Market Value (US$ Mn), By Sales Channel 2017 to 2021
TABLE 128: Mexico Market Value (US$ Mn), By Sales Channel 2022 to 2032
TABLE 129: Argentina Market Value (US$ Mn), By Nature 2017 to 2021
TABLE 130: Argentina Market Value (US$ Mn), By Nature 2022 to 2032
TABLE 131: Argentina Market Value (US$ Mn), By Product Type 2017 to 2021
TABLE 132: Argentina Market Value (US$ Mn), By Product Type 2022 to 2032
TABLE 133: Argentina Market Value (US$ Mn), By Sales Channel 2017 to 2021
TABLE 134: Argentina Market Value (US$ Mn), By Sales Channel 2022 to 2032
TABLE 135: Germany Market Value (US$ Mn), By Nature 2017 to 2021
TABLE 136: Germany Market Value (US$ Mn), By Nature 2022 to 2032
TABLE 137: Germany Market Value (US$ Mn), By Product Type 2017 to 2021
TABLE 138: Germany Market Value (US$ Mn), By Product Type 2022 to 2032
TABLE 139: Germany Market Value (US$ Mn), By Sales Channel 2017 to 2021
TABLE 140: Germany Market Value (US$ Mn), By Sales Channel 2022 to 2032
TABLE 141: UK Market Value (US$ Mn), By Nature 2017 to 2021
TABLE 142: UK Market Value (US$ Mn), By Nature 2022 to 2032
TABLE 143: UK Market Value (US$ Mn), By Product Type 2017 to 2021
TABLE 144:: UK Market Value (US$ Mn), By Product Type 2022 to 2032
TABLE 145: UK Market Value (US$ Mn), By Sales Channel 2017 to 2021
TABLE 146: UK Market Value (US$ Mn), By Sales Channel 2022 to 2032
TABLE 147: France Market Value (US$ Mn), By Nature 2017 to 2021
TABLE 148: France Market Value (US$ Mn), By Nature 2022 to 2032
TABLE 149: France Market Value (US$ Mn), By Product Type 2017 to 2021
TABLE 150: France Market Value (US$ Mn), By Product Type 2022 to 2032
TABLE 151: France Market Value (US$ Mn), By Sales Channel 2017 to 2021
TABLE 152: France Market Value (US$ Mn), By Sales Channel 2022 to 2032
TABLE 153: Spain Market Value (US$ Mn), By Nature 2017 to 2021
TABLE 154: Spain Market Value (US$ Mn), By Nature 2022 to 2032
TABLE 155: Spain Market Value (US$ Mn), By Product Type 2017 to 2021
TABLE 156: Spain Market Value (US$ Mn), By Product Type 2022 to 2032
TABLE 157: Spain Market Value (US$ Mn), By Sales Channel 2017 to 2021
TABLE 158: Spain Market Value (US$ Mn), By Sales Channel 2022 to 2032
TABLE 159: Italy Market Value (US$ Mn), By Nature 2017 to 2021
TABLE 160: Italy Market Value (US$ Mn), By Nature 2022 to 2032
TABLE 161: Italy Market Value (US$ Mn), By Product Type 2017 to 2021
TABLE 162: Italy Market Value (US$ Mn), By Product Type 2022 to 2032
TABLE 163: Italy Market Value (US$ Mn), By Sales Channel 2017 to 2021
TABLE 164: Italy Market Value (US$ Mn), By Sales Channel 2022 to 2032
TABLE 165: Nordic Market Value (US$ Mn), By Nature 2017 to 2021
TABLE 166: Nordic Market Value (US$ Mn), By Nature 2022 to 2032
TABLE 167: Nordic Market Value (US$ Mn), By Product Type 2017 to 2021
TABLE 168: Nordic Market Value (US$ Mn), By Product Type 2022 to 2032
TABLE 169: Nordic Market Value (US$ Mn), By Sales Channel 2017 to 2021
TABLE 170: Nordic Market Value (US$ Mn), By Sales Channel 2022 to 2032
TABLE 171: Japan Market Value (US$ Mn), By Nature 2017 to 2021
TABLE 172: Japan Market Value (US$ Mn), By Nature 2022 to 2032
TABLE 173: Japan Market Value (US$ Mn), By Product Type 2017 to 2021
TABLE 174: Japan Market Value (US$ Mn), By Product Type 2022 to 2032
TABLE 175: Japan Market Value (US$ Mn), By Sales Channel 2017 to 2021
TABLE 176: Japan Market Value (US$ Mn), By Sales Channel 2022 to 2032
TABLE 177: China Market Value (US$ Mn), By Nature 2017 to 2021
TABLE 178: China Market Value (US$ Mn), By Nature 2022 to 2032
TABLE 179: China Market Value (US$ Mn), By Product Type 2017 to 2021
TABLE 180: China Market Value (US$ Mn), By Product Type 2022 to 2032
TABLE 181: China Market Value (US$ Mn), By Sales Channel 2017 to 2021
TABLE 182: China Market Value (US$ Mn), By Sales Channel 2022 to 2032
TABLE 183: India Market Value (US$ Mn), By Nature 2017 to 2021
TABLE 184: India Market Value (US$ Mn), By Nature 2022 to 2032
TABLE 185: India Market Value (US$ Mn), By Product Type 2017 to 2021
TABLE 186: India Market Value (US$ Mn), By Product Type 2022 to 2032
TABLE 187: India Market Value (US$ Mn), By Sales Channel 2017 to 2021
TABLE 188: India Market Value (US$ Mn), By Sales Channel 2022 to 2032
TABLE 189: Malaysia Market Value (US$ Mn), By Nature 2017 to 2021
TABLE 190: Malaysia Market Value (US$ Mn), By Nature 2022 to 2032
TABLE 191: Malaysia Market Value (US$ Mn), By Product Type 2017 to 2021
TABLE 192: Malaysia Market Value (US$ Mn), By Product Type 2022 to 2032
TABLE 193: Malaysia Market Value (US$ Mn), By Sales Channel 2017 to 2021
TABLE 194: Malaysia Market Value (US$ Mn), By Sales Channel 2022 to 2032
TABLE 195: Thailand Market Value (US$ Mn), By Nature 2017 to 2021
TABLE 196: Thailand Market Value (US$ Mn), By Nature 2022 to 2032
TABLE 197: Thailand Market Value (US$ Mn), By Product Type 2017 to 2021
TABLE 198: Thailand Market Value (US$ Mn), By Product Type 2022 to 2032
TABLE 199: Thailand Market Value (US$ Mn), By Sales Channel 2017 to 2021
TABLE 200: Thailand Market Value (US$ Mn), By Sales Channel 2022 to 2032
TABLE 201: Singapore Market Value (US$ Mn), By Nature 2017 to 2021
TABLE 202: Singapore Market Value (US$ Mn), By Nature 2022 to 2032
TABLE 203: Singapore Market Value (US$ Mn), By Product Type 2017 to 2021
TABLE 204: Singapore Market Value (US$ Mn), By Product Type 2022 to 2032
TABLE 205: Singapore Market Value (US$ Mn), By Sales Channel 2017 to 2021
TABLE 206: Singapore Market Value (US$ Mn), By Sales Channel 2022 to 2032
TABLE 207: Australia Market Value (US$ Mn), By Nature 2017 to 2021
TABLE 208: Australia Market Value (US$ Mn), By Nature 2022 to 2032
TABLE 209: Australia Market Value (US$ Mn), By Product Type 2017 to 2021
TABLE 210: Australia Market Value (US$ Mn), By Product Type 2022 to 2032
TABLE 211: Australia Market Value (US$ Mn), By Sales Channel 2017 to 2021
TABLE 212: Australia Market Value (US$ Mn), By Sales Channel 2022 to 2032
TABLE 213: GCC Countries Market Value (US$ Mn), By Nature 2017 to 2021
TABLE 214: GCC Countries Market Value (US$ Mn), By Nature 2022 to 2032
TABLE 215: GCC Countries Market Value (US$ Mn), By Product Type 2017 to 2021
TABLE 216: GCC Countries Market Value (US$ Mn), By Product Type 2022 to 2032
TABLE 217: GCC Countries Market Value (US$ Mn), By Sales Channel 2017 to 2021
TABLE 218: GCC Countries Market Value (US$ Mn), By Sales Channel 2022 to 2032
TABLE 219: South Africa Market Value (US$ Mn), By Nature 2017 to 2021
TABLE 220: South Africa Market Value (US$ Mn), By Nature 2022 to 2032
TABLE 221: South Africa Market Value (US$ Mn), By Product Type 2017 to 2021
TABLE 222: South Africa Market Value (US$ Mn), By Product Type 2022 to 2032
TABLE 223: South Africa Market Value (US$ Mn), By Sales Channel 2017 to 2021
TABLE 224: South Africa Market Value (US$ Mn), By Sales Channel 2022 to 2032
TABLE 225: Nigeria Market Value (US$ Mn), By Nature 2017 to 2021
TABLE 226: Nigeria Market Value (US$ Mn), By Nature 2022 to 2032
TABLE 227: Nigeria Market Value (US$ Mn), By Product Type 2017 to 2021
TABLE 228: Nigeria Market Value (US$ Mn), By Product Type 2022 to 2032
TABLE 229: Nigeria Market Value (US$ Mn), By Sales Channel 2017 to 2021
TABLE 230: Nigeria Market Value (US$ Mn), By Sales Channel 2022 to 2032
TABLE 231: Israel Market Value (US$ Mn), By Nature 2017 to 2021
TABLE 232: Israel Market Value (US$ Mn), By Nature 2022 to 2032
TABLE 233: Israel Market Value (US$ Mn), By Product Type 2017 to 2021
TABLE 234: Israel Market Value (US$ Mn), By Product Type 2022 to 2032
TABLE 235: Israel Market Value (US$ Mn), By Sales Channel 2017 to 2021
TABLE 236: Israel Market Value (US$ Mn), By Sales Channel 2022 to 2032
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List Of Figures
FIG. 01: Global Market Value (US$ Mn), 2017 to 2021
FIG. 02: Global Market Value (US$ Mn) Forecast, 2022 to 2032
FIG. 03:: Global Market Value (US$ Mn) and Y-o-Y, 2017 to 2032
FIG. 04: Global Conventional Segment Market Value (US$ Mn) By Region, 2017 to 2021
FIG. 05: Global Conventional Segment Market Value (US$ Mn) By Region, 2022 to 2032
FIG. 06: Global Conventional Segment Y-o-Y Growth Rate, By Region, 2017 to 2032
FIG. 07: Global Organic Segment Market Value (US$ Mn) By Region, 2017 to 2021
FIG. 08: Global Organic Segment Market Value (US$ Mn) By Region, 2022 to 2032
FIG. 09: Global Organic Segment Y-o-Y Growth Rate, By Region, 2017 to 2032
FIG. 10: Global Creams and Lotions Segment Market Value (US$ Mn) By Region, 2017 to 2021
FIG. 11: Global Creams and Lotions Segment Market Value (US$ Mn) By Region, 2022 to 2032
FIG. 12: Global Creams and Lotions Segment Y-o-Y Growth Rate, By Region, 2017 to 2032
FIG. 13: Global Cleansers and Toners Segment Market Value (US$ Mn) By Region, 2017 to 2021
FIG. 14: Global Cleansers and Toners Segment Market Value (US$ Mn) By Region, 2022 to 2032
FIG. 15: Global Cleansers and Toners Segment Y-o-Y Growth Rate, By Region, 2017 to 2032
FIG. 16: Global Face masks Segment Market Value (US$ Mn) By Region, 2017 to 2021
FIG. 17: Global Face masks Segment Market Value (US$ Mn) By Region, 2022 to 2032
FIG. 18: Global Face masks Segment Y-o-Y Growth Rate, By Region, 2017 to 2032
FIG. 19: Global Scrubs Segment Market Value (US$ Mn) By Region, 2017 to 2021
FIG. 20: Global Scrubs Segment Market Value (US$ Mn) By Region, 2022 to 2032
FIG. 21: Global Scrubs Segment Y-o-Y Growth Rate, By Region, 2017 to 2032
FIG. 22: Global Other Product Type Segment Market Value (US$ Mn) By Region, 2017 to 2021
FIG. 23: Global Other Product Type Segment Market Value (US$ Mn) By Region, 2022 to 2032
FIG. 24: Global Other Product Type Segment Y-o-Y Growth Rate, By Region, 2017 to 2032
FIG. 25: Global Modern Trade Segment Market Value (US$ Mn) By Region, 2017 to 2021
FIG. 26: Global Modern Trade Segment Market Value (US$ Mn) By Region, 2022 to 2032
FIG. 27: Global Modern Trade Segment Y-o-Y Growth Rate, By Region, 2017 to 2032
FIG. 28: Global Speciality Store Segment Market Value (US$ Mn) By Region, 2017 to 2021
FIG. 29: Global Speciality Store Segment Market Value (US$ Mn) By Region, 2022 to 2032
FIG. 30: Global Speciality Store Segment Y-o-Y Growth Rate, By Region, 2017 to 2032
FIG. 31: Global Convenience Store Segment Market Value (US$ Mn) By Region, 2017 to 2021
FIG. 32: Global Convenience Store Segment Market Value (US$ Mn) By Region, 2022 to 2032
FIG. 33: Global Convenience Store Segment Y-o-Y Growth Rate, By Region, 2017 to 2032
FIG. 34: Global Online Retailers Segment Market Value (US$ Mn) By Region, 2017 to 2021
FIG. 35: Global Online Retailers Segment Market Value (US$ Mn) By Region, 2022 to 2032
FIG. 36: Global Online Retailers Segment Y-o-Y Growth Rate, By Region, 2017 to 2032
FIG. 37: Global Drugstores Segment Market Value (US$ Mn) By Region, 2017 to 2021
FIG. 38: Global Drugstores Segment Market Value (US$ Mn) By Region, 2022 to 2032
FIG. 39: Global Drugstores Segment Y-o-Y Growth Rate, By Region, 2017 to 2032
FIG. 40: Global Other Sales Channel Segment Market Value (US$ Mn) By Region, 2017 to 2021
FIG. 41: Global Other Sales Channel Segment Market Value (US$ Mn) By Region, 2022 to 2032
FIG. 42: Global Other Sales Channel Segment Y-o-Y Growth Rate, By Region, 2017 to 2032
FIG. 43: North America Market Value (US$ Mn), By Nature 2017 to 2021
FIG. 44: North America Market Value (US$ Mn), By Nature 2022 to 2032
FIG. 45: North America Market Value (US$ Mn), By Product Type 2017 to 2021
FIG. 46: North America Market Value (US$ Mn), By Product Type 2022 to 2032
FIG. 47: North America Market Value (US$ Mn), By Sales Channel 2017 to 2021
FIG. 48: North America Market Value (US$ Mn), By Sales Channel 2022 to 2032
FIG. 49: Latin America Market Value (US$ Mn), By Nature 2017 to 2021
FIG. 50: Latin America Market Value (US$ Mn), By Nature 2022 to 2032
FIG. 51: Latin America Market Value (US$ Mn), By Product Type 2017 to 2021
FIG. 52: Latin America Market Value (US$ Mn), By Product Type 2022 to 2032
FIG. 53: Latin America Market Value (US$ Mn), By Sales Channel 2017 to 2021
FIG. 54: Latin America Market Value (US$ Mn), By Sales Channel 2022 to 2032
FIG. 55: Europe Market Value (US$ Mn), By Nature 2017 to 2021
FIG. 56: Europe Market Value (US$ Mn), By Nature 2022 to 2032
FIG. 57: Europe Market Value (US$ Mn), By Product Type 2017 to 2021
FIG. 58: Europe Market Value (US$ Mn), By Product Type 2022 to 2032
FIG. 59: Europe Market Value (US$ Mn), By Sales Channel 2017 to 2021
FIG. 60: Europe Market Value (US$ Mn), By Sales Channel 2022 to 2032
FIG. 61: Japan Market Value (US$ Mn), By Nature 2017 to 2021
FIG. 62: Japan Market Value (US$ Mn), By Nature 2022 to 2032
FIG. 63: Japan Market Value (US$ Mn), By Product Type 2017 to 2021
FIG. 64: Japan Market Value (US$ Mn), By Product Type 2022 to 2032
FIG. 65: Japan Market Value (US$ Mn), By Sales Channel 2017 to 2021
FIG. 66: Japan Market Value (US$ Mn), By Sales Channel 2022 to 2032
FIG. 67: APEJ Market Value (US$ Mn), By Nature 2017 to 2021
FIG. 68: APEJ Market Value (US$ Mn), By Nature 2022 to 2032
FIG. 69: APEJ Market Value (US$ Mn), By Product Type 2017 to 2021
FIG. 70: APEJ Market Value (US$ Mn), By Product Type 2022 to 2032
FIG. 71: APEJ Market Value (US$ Mn), By Sales Channel 2017 to 2021
FIG. 72: APEJ Market Value (US$ Mn), By Sales Channel 2022 to 2032
FIG. 73: MEA Market Value (US$ Mn), By Nature 2017 to 2021
FIG. 74: MEA Market Value (US$ Mn), By Nature 2022 to 2032
FIG. 75: MEA Market Value (US$ Mn), By Product Type 2017 to 2021
FIG. 76: MEA Market Value (US$ Mn), By Product Type 2022 to 2032
FIG. 77: MEA Market Value (US$ Mn), By Sales Channel 2017 to 2021
FIG. 78: MEA Market Value (US$ Mn), By Sales Channel 2022 to 2032
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- FAQs -
What was the market worth for skin lightening products in 2021?
As of 2021, the skin lightening products market was valued at US$ 10 Billion.
At what value will the Skin Lighten Products market close in 2022?
As of 2022, Fact.MR expects the Skin Lightening Products industry to be valued at US$ 10.74 Billion.
What is the expected closing market value for Skin Lightening Products in 2032?
By 2032, the Skin Lightening Products landscape is slated to reach a valuation of US$ 22 Billion.
At what percentage will the industry expand during the 2022 to 2032 period of assessment?
From 2022 to 2032, the Skin Lightening Products industry is poised to flourish at a 7.5% CAGR.
By Product type, which segment is likely to experience the fastest growth rate?
The Creams and lotion segment is expected to grow the fastest, at a CAGR of 7%.
Which is the most preferred Sales Channel for Skin Lightening Products?
Based on Sales, the online retailer segment for sales of Skin Lightening Products captures the highest share, documenting a 7.4% value CAGR.
How will the Asia Pacific market for Skin Lightening Products flourish until 2032?
As per Fact.MR’s projections, the market for Skin Lightening Products in Europe will likely expand at a 50% CAGR.
From 2017 to 2021, what was the documented growth rate for the Skin Lightening Products market?
According to Fact.MR, a CAGR of 6% was recorded for the Skin Lightening Products market from 2017 to 2021.
Skin Lightening Products Market