The skincare treatment market is projected to be valued at US$ 20,786.11 million in 2024 and rise to US$ 35,237.24 million by 2034. It is expected to grow at a CAGR of 5.4% during the forecast period.
| Attributes | Key Statistics |
|---|---|
| Skincare Treatment Market Value (2024) | US$ 20,786.11 Million |
| Anticipated Market Value (2034) | US$ 35,237.24 Million |
| Estimated Growth (2024 to 2034) | 5.4% CAGR |
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Principal Consultant
The non-surgical segment is expected to account for a market share of 61.7% in 2024.
| Attributes | Details |
|---|---|
| Top Treatment Type | Non-surgical |
| Market Share (2024) | 61.7% |
This rising popularity is attributed to:
Based on consumer orientation, females drive the sales of skincare treatment, accounting for a 56.4% market share in 2024.
| Attributes | Details |
|---|---|
| Top Consumer Orientation | Female |
| Market Share (2024) | 56.4% |
This rising popularity is attributed to:
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The section analyzes the global skincare treatment market by country: India, China, Australia, Singapore, and Canada. The table presents the CAGRs for each country, indicating the expected market growth through 2034.
| Countries | CAGR (2024 to 2034) |
|---|---|
| India | 6.8% |
| China | 5.6% |
| Australia | 5.2% |
| Singapore | 4.5% |
| Canada | 3.4% |
India maintains its position as a key contributor to the global skincare treatment market, and is expected to expand at a CAGR of 6.8% through 2034.
India's skincare treatment market is rapidly expanding due to increasing awareness of skincare practices among consumers, rising disposable income in urban areas, and a growing focus on holistic wellness and self-care. Manufacturers are surging in demand for skincare treatments that offer scar-free solutions and promise to revitalize glowing skin, especially among the younger demographic influenced by social media and beauty trends.
Given India's rich cultural heritage that values natural ingredients and traditional skincare remedies, the country's skincare treatment market is uniquely positioned to leverage the growing global interest in organic and Ayurvedic skincare products and therapies. As a result, the market is witnessing a proliferation of skincare clinics, wellness spas, and beauty salons offering diverse treatments designed to address specific skin concerns while promoting a youthful and radiant complexion.
The market in China is expected to grow at a CAGR of 5.6% from 2024 to 2034.Anti-aging and wrinkle-free solutions are particularly sought after by Chinese consumers, who are influenced by traditional beauty standards and Western beauty ideals promoted through social media.
The skincare treatment market in China has been fueled by the rise of medical tourism and the popularity of dermatological clinics that offer cutting-edge non-invasive procedures, such as laser therapy, microdermabrasion, and injectables.
This trend is further amplified by domestic and international beauty brands competing to capture market share by offering innovative skincare solutions customized to meet Chinese consumers' specific needs and preferences.
The market in Australia is projected to rise at a CAGR of 5.2% through 2034. Australia's skincare treatment market is experiencing growth due to its unique market dynamics and consumer preferences.
With its diverse climate, Australians are exposed to intense sun and harsh environmental conditions, which has resulted in a culture of skincare consciousness. This increased awareness of skin health and sun damage has led to a surge in demand for skincare treatments, especially those that offer protection against UV radiation and environmental pollutants.
Australia's multicultural population has contributed to adopting various skincare practices and products, creating an ideal environment for innovation and market expansion. The country's emphasis on natural and organic ingredients and a thriving wellness industry indicate Australia's skincare treatment market growth.
The market in Singapore is projected to register a CAGR of 4.5% until 2034. Singapore's skincare treatment market is rapidly growing due to its advantageous position as a regional medical tourism and beauty aesthetics hub.
The country is known for its advanced healthcare infrastructure, skilled medical professionals, and strict regulatory standards, attracting many international visitors seeking high-quality skincare treatments. Singapore's multicultural population and prosperous consumer base provide a diverse market for skincare clinics and aesthetic centers, offering a wide range of treatments tailored to individual preferences.
The government's efforts to promote Singapore as a wellness destination and the increasing influence of social media influencers and beauty bloggers showcasing their skincare journeys in the vibrant city-state have further enhanced its appeal as a hotspot for skincare tourism.
The market in Canada is projected to grow at a CAGR of 3.4% from 2024 to 2034. An aging population drives Canada's trends, and a growing skincare awareness is important for overall health and appearance. There is a surge in demand for advanced skincare treatments and products in Canada that cater to various demographics, including millennials and baby boomers.
Canada's multicultural population and diverse skincare concerns present opportunities for tailored skincare solutions catering to different skin types and ethnicities. One Canadian brand that has stood out in this regard is 'The Ordinary,' which has gained international acclaim for its affordable yet effective skincare products. The brand has resonated with consumers seeking high-quality skincare solutions without breaking the bank.
Leading skincare treatment brands and major manufacturers are rapidly expanding their global reach through strategic partnerships, innovative product development, and aggressive marketing tactics.
Key players such as L'Oréal, Procter & Gamble, and Unilever focus on emerging markets and capitalize on growing consumer demand for skin care products by acquiring local brands, forming distribution agreements, and offering localized product offerings.
For instance, L'Oréal is actively expanding its presence in Asia-Pacific by investing in research and development to create tailored skincare solutions and acquiring local brands.
Procter & Gamble is ramping up its marketing efforts and launching new product lines that target specific skin concerns to stay ahead of competitors. Similarly, Unilever is leveraging its extensive distribution network and investing in sustainable skincare innovations to appeal to environmentally conscious consumers.
Competitors adopt a multi-channel distribution approach to reach consumers through multiple touchpoints, including retail stores, e-commerce platforms, and direct-to-consumer channels. Competitors prioritize product differentiation and unique selling propositions to stand out in the crowded market through innovative formulations, specialized treatments, or eco-friendly and sustainable practices.
Recent Developments
The skincare treatment market is predicted to be valued at US$ 20,786.11 million in 2024.
The market is expected to reach US$ 35,237.2 million by 2034.
The market is projected to rise at a CAGR of 5.4% from 2024 to 2034.
L'Oréal S.A., Estée Lauder Companies Inc., Johnson & Johnson Consumer Inc., Procter & Gamble Co. (P&G), Unilever, Shiseido Company, Limited, and Beiersdorf AG are all major players in the skincare treatment industry.
Non-surgical treatments are expected to account for a 61.7% market share in 2024.
1. Executive Summary
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Background
3.1. Market Dynamics
3.1.1. Drivers
3.1.2. Restraints
3.1.3. Opportunity
3.1.4. Trends
3.2. Scenario Forecast
3.2.1. Demand in Optimistic Scenario
3.2.2. Demand in Likely Scenario
3.2.3. Demand in Conservative Scenario
3.3. Opportunity Map Analysis
3.4. Investment Feasibility Matrix
3.5. PESTLE and Porter’s Analysis
3.6. Regulatory Landscape
3.6.1. By Key Regions
3.6.2. By Key Countries
3.7. Regional Parent Market Outlook
4. Global Market Analysis 2019 to 2023 and Forecast, 2024 to 2034
4.1. Historical Market Size Value (US$ Million) Analysis, 2019 to 2023
4.2. Current and Future Market Size Value (US$ Million) Projections, 2024 to 2034
4.2.1. Y-o-Y Growth Trend Analysis
4.2.2. Absolute $ Opportunity Analysis
5. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Product Type
5.1. Introduction / Key Findings
5.2. Historical Market Size Value (US$ Million) Analysis By Product Type, 2019 to 2023
5.3. Current and Future Market Size Value (US$ Million) Analysis and Forecast By Product Type, 2024 to 2034
5.3.1. Surgical
5.3.1.1. Facelift
5.3.1.2. Blepharoplasty
5.3.1.3. Rhinoplasty
5.3.1.4. Others
5.3.2. Non-Surgical
5.3.2.1. Botox
5.3.2.2. Dermal Fillers
5.3.2.3. Chemical Peel
5.3.2.4. Others
5.4. Y-o-Y Growth Trend Analysis By Product Type, 2019 to 2023
5.5. Absolute $ Opportunity Analysis By Product Type, 2024 to 2034
6. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Consumer Orientation
6.1. Introduction / Key Findings
6.2. Historical Market Size Value (US$ Million) Analysis By Consumer Orientation, 2019 to 2023
6.3. Current and Future Market Size Value (US$ Million) Analysis and Forecast By Consumer Orientation, 2024 to 2034
6.3.1. Women
6.3.2. Men
6.3.3. Unisex
6.4. Y-o-Y Growth Trend Analysis By Consumer Orientation, 2019 to 2023
6.5. Absolute $ Opportunity Analysis By Consumer Orientation, 2024 to 2034
7. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Region
7.1. Introduction
7.2. Historical Market Size Value (US$ Million) Analysis By Region, 2019 to 2023
7.3. Current Market Size Value (US$ Million) Analysis and Forecast By Region, 2024 to 2034
7.3.1. North America
7.3.2. Latin America
7.3.3. Western Europe
7.3.4. Eastern Europe
7.3.5. South Asia and Pacific
7.3.6. East Asia
7.3.7. Middle East and Africa
7.4. Market Attractiveness Analysis By Region
8. North America Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
8.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2019 to 2023
8.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2024 to 2034
8.2.1. By Country
8.2.1.1. USA
8.2.1.2. Canada
8.2.2. By Product Type
8.2.3. By Consumer Orientation
8.3. Market Attractiveness Analysis
8.3.1. By Country
8.3.2. By Product Type
8.3.3. By Consumer Orientation
8.4. Key Takeaways
9. Latin America Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
9.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2019 to 2023
9.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2024 to 2034
9.2.1. By Country
9.2.1.1. Brazil
9.2.1.2. Mexico
9.2.1.3. Rest of Latin America
9.2.2. By Product Type
9.2.3. By Consumer Orientation
9.3. Market Attractiveness Analysis
9.3.1. By Country
9.3.2. By Product Type
9.3.3. By Consumer Orientation
9.4. Key Takeaways
10. Western Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
10.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2019 to 2023
10.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2024 to 2034
10.2.1. By Country
10.2.1.1. Germany
10.2.1.2. UK
10.2.1.3. France
10.2.1.4. Spain
10.2.1.5. Italy
10.2.1.6. Rest of Western Europe
10.2.2. By Product Type
10.2.3. By Consumer Orientation
10.3. Market Attractiveness Analysis
10.3.1. By Country
10.3.2. By Product Type
10.3.3. By Consumer Orientation
10.4. Key Takeaways
11. Eastern Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
11.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2019 to 2023
11.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2024 to 2034
11.2.1. By Country
11.2.1.1. Poland
11.2.1.2. Russia
11.2.1.3. Czech Republic
11.2.1.4. Romania
11.2.1.5. Rest of Eastern Europe
11.2.2. By Product Type
11.2.3. By Consumer Orientation
11.3. Market Attractiveness Analysis
11.3.1. By Country
11.3.2. By Product Type
11.3.3. By Consumer Orientation
11.4. Key Takeaways
12. South Asia and Pacific Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
12.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2019 to 2023
12.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2024 to 2034
12.2.1. By Country
12.2.1.1. India
12.2.1.2. Bangladesh
12.2.1.3. Australia
12.2.1.4. New Zealand
12.2.1.5. Rest of South Asia and Pacific
12.2.2. By Product Type
12.2.3. By Consumer Orientation
12.3. Market Attractiveness Analysis
12.3.1. By Country
12.3.2. By Product Type
12.3.3. By Consumer Orientation
12.4. Key Takeaways
13. East Asia Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
13.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2019 to 2023
13.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2024 to 2034
13.2.1. By Country
13.2.1.1. China
13.2.1.2. Japan
13.2.1.3. South Korea
13.2.2. By Product Type
13.2.3. By Consumer Orientation
13.3. Market Attractiveness Analysis
13.3.1. By Country
13.3.2. By Product Type
13.3.3. By Consumer Orientation
13.4. Key Takeaways
14. Middle East and Africa Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
14.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2019 to 2023
14.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2024 to 2034
14.2.1. By Country
14.2.1.1. GCC Countries
14.2.1.2. South Africa
14.2.1.3. Israel
14.2.1.4. Rest of MEA
14.2.2. By Product Type
14.2.3. By Consumer Orientation
14.3. Market Attractiveness Analysis
14.3.1. By Country
14.3.2. By Product Type
14.3.3. By Consumer Orientation
14.4. Key Takeaways
15. Key Countries Market Analysis
15.1. USA
15.1.1. Market Share Analysis, 2023
15.1.1.1. By Product Type
15.1.1.2. By Consumer Orientation
15.2. Canada
15.2.1. Market Share Analysis, 2023
15.2.1.1. By Product Type
15.2.1.2. By Consumer Orientation
15.3. Brazil
15.3.1. Market Share Analysis, 2023
15.3.1.1. By Product Type
15.3.1.2. By Consumer Orientation
15.4. Mexico
15.4.1. Market Share Analysis, 2023
15.4.1.1. By Product Type
15.4.1.2. By Consumer Orientation
15.5. Germany
15.5.1. Market Share Analysis, 2023
15.5.1.1. By Product Type
15.5.1.2. By Consumer Orientation
15.6. UK
15.6.1. Market Share Analysis, 2023
15.6.1.1. By Product Type
15.6.1.2. By Consumer Orientation
15.7. France
15.7.1. Market Share Analysis, 2023
15.7.1.1. By Product Type
15.7.1.2. By Consumer Orientation
15.8. Spain
15.8.1. Market Share Analysis, 2023
15.8.1.1. By Product Type
15.8.1.2. By Consumer Orientation
15.9. Italy
15.9.1. Market Share Analysis, 2023
15.9.1.1. By Product Type
15.9.1.2. By Consumer Orientation
15.10. Poland
15.10.1. Market Share Analysis, 2023
15.10.1.1. By Product Type
15.10.1.2. By Consumer Orientation
15.11. Russia
15.11.1. Market Share Analysis, 2023
15.11.1.1. By Product Type
15.11.1.2. By Consumer Orientation
15.12. Czech Republic
15.12.1. Market Share Analysis, 2023
15.12.1.1. By Product Type
15.12.1.2. By Consumer Orientation
15.13. Romania
15.13.1. Market Share Analysis, 2023
15.13.1.1. By Product Type
15.13.1.2. By Consumer Orientation
15.14. India
15.14.1. Market Share Analysis, 2023
15.14.1.1. By Product Type
15.14.1.2. By Consumer Orientation
15.15. Bangladesh
15.15.1. Market Share Analysis, 2023
15.15.1.1. By Product Type
15.15.1.2. By Consumer Orientation
15.16. Australia
15.16.1. Market Share Analysis, 2023
15.16.1.1. By Product Type
15.16.1.2. By Consumer Orientation
15.17. New Zealand
15.17.1. Market Share Analysis, 2023
15.17.1.1. By Product Type
15.17.1.2. By Consumer Orientation
15.18. China
15.18.1. Market Share Analysis, 2023
15.18.1.1. By Product Type
15.18.1.2. By Consumer Orientation
15.19. Japan
15.19.1. Market Share Analysis, 2023
15.19.1.1. By Product Type
15.19.1.2. By Consumer Orientation
15.20. South Korea
15.20.1. Market Share Analysis, 2023
15.20.1.1. By Product Type
15.20.1.2. By Consumer Orientation
15.21. GCC Countries
15.21.1. Market Share Analysis, 2023
15.21.1.1. By Product Type
15.21.1.2. By Consumer Orientation
15.22. South Africa
15.22.1. Market Share Analysis, 2023
15.22.1.1. By Product Type
15.22.1.2. By Consumer Orientation
15.23. Israel
15.23.1. Market Share Analysis, 2023
15.23.1.1. By Product Type
15.23.1.2. By Consumer Orientation
16. Market Structure Analysis
16.1. Competition Dashboard
16.2. Competition Benchmarking
16.3. Market Share Analysis of Top Players
16.3.1. By Regional
16.3.2. By Product Type
16.3.3. By Consumer Orientation
17. Competition Analysis
17.1. Competition Deep Dive
17.1.1. L'Oréal S.A.
17.1.1.1. Overview
17.1.1.2. Product Portfolio
17.1.1.3. Profitability by Market Segments
17.1.1.4. Sales Footprint
17.1.1.5. Strategy Overview
17.1.1.5.1. Marketing Strategy
17.1.2. Estée Lauder Companies Inc.
17.1.2.1. Overview
17.1.2.2. Product Portfolio
17.1.2.3. Profitability by Market Segments
17.1.2.4. Sales Footprint
17.1.2.5. Strategy Overview
17.1.2.5.1. Marketing Strategy
17.1.3. Johnson & Johnson Consumer Inc.
17.1.3.1. Overview
17.1.3.2. Product Portfolio
17.1.3.3. Profitability by Market Segments
17.1.3.4. Sales Footprint
17.1.3.5. Strategy Overview
17.1.3.5.1. Marketing Strategy
17.1.4. Procter & Gamble Co. (P&G)
17.1.4.1. Overview
17.1.4.2. Product Portfolio
17.1.4.3. Profitability by Market Segments
17.1.4.4. Sales Footprint
17.1.4.5. Strategy Overview
17.1.4.5.1. Marketing Strategy
17.1.5. Unilever
17.1.5.1. Overview
17.1.5.2. Product Portfolio
17.1.5.3. Profitability by Market Segments
17.1.5.4. Sales Footprint
17.1.5.5. Strategy Overview
17.1.5.5.1. Marketing Strategy
17.1.6. Shiseido Company, Limited
17.1.6.1. Overview
17.1.6.2. Product Portfolio
17.1.6.3. Profitability by Market Segments
17.1.6.4. Sales Footprint
17.1.6.5. Strategy Overview
17.1.6.5.1. Marketing Strategy
17.1.7. Beiersdorf AG
17.1.7.1. Overview
17.1.7.2. Product Portfolio
17.1.7.3. Profitability by Market Segments
17.1.7.4. Sales Footprint
17.1.7.5. Strategy Overview
17.1.7.5.1. Marketing Strategy
17.1.8. Amorepacific Corporation
17.1.8.1. Overview
17.1.8.2. Product Portfolio
17.1.8.3. Profitability by Market Segments
17.1.8.4. Sales Footprint
17.1.8.5. Strategy Overview
17.1.8.5.1. Marketing Strategy
17.1.9. Kao Corporation
17.1.9.1. Overview
17.1.9.2. Product Portfolio
17.1.9.3. Profitability by Market Segments
17.1.9.4. Sales Footprint
17.1.9.5. Strategy Overview
17.1.9.5.1. Marketing Strategy
17.1.10. Colgate-Palmolive Company
17.1.10.1. Overview
17.1.10.2. Product Portfolio
17.1.10.3. Profitability by Market Segments
17.1.10.4. Sales Footprint
17.1.10.5. Strategy Overview
17.1.10.5.1. Marketing Strategy
17.1.11. Coty Inc.
17.1.11.1. Overview
17.1.11.2. Product Portfolio
17.1.11.3. Profitability by Market Segments
17.1.11.4. Sales Footprint
17.1.11.5. Strategy Overview
17.1.11.5.1. Marketing Strategy
17.1.12. Nu Skin Enterprises, Inc.
17.1.12.1. Overview
17.1.12.2. Product Portfolio
17.1.12.3. Profitability by Market Segments
17.1.12.4. Sales Footprint
17.1.12.5. Strategy Overview
17.1.12.5.1. Marketing Strategy
18. Assumptions & Acronyms Used
19. Research Methodology
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Skincare Treatment Market
