US and France Women Skincare Market Size By Product (Facial Care, Body Care, Suncare), By Distribution Channel (Health and Beauty Stores, Hypermarkets and Supermarkets, Prepharmacies or Drugstores), And Forecast

Published Date: August - 2024 | Publisher: MIR | No of Pages: 320 | Industry: latest updates trending Report | Format: Report available in PDF / Excel Format

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US and France Women Skincare Market Size By Product (Facial Care, Body Care, Suncare), By Distribution Channel (Health and Beauty Stores, Hypermarkets and Supermarkets, Prepharmacies or Drugstores), And Forecast

US and France Women Skincare Market Size And Forecast

US Women Skincare Market size was valued at USD 16,004.14 Million in 2022 and is projected to reach USD 24,079.49 Million by 2030, growing at a CAGR of 5.16% from 2024 to 2030.

France Women Skincare Market size was valued at USD 4,019.10 Million in 2022 and is projected to reach USD 6,299.17 Million by 2030, growing at a CAGR of 5.70% from 2024 to 2030.

Factors such as increasing awareness about skincare, rising disposable income, and evolving consumer preferences have contributed to the market’s expansion. The US and France Women Skincare Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.

US and France Women Skincare Market Definition

Skincare is an integral part of the daily routine for every woman on the earth. The women’s skincare market refers to the industry segment that provides skincare goods and services explicitly oriented at women. It includes a wide range of products developed to meet the specific skincare needs of women, such as facial cleansers, moisturizers, serums, masks, sunscreens, and other treatments. Facials, spa treatments, and dermatological procedures are also available to improve women’s skin’s general appearance and health. The women’s skincare market considers various aspects, such as skin types, concerns, age groups, and individual tastes of women, to provide a varied selection of goods and solutions to meet their skincare needs. As women worldwide actively pursue skincare goods and services, it is an important segment within the more extraordinary beauty and personal care market.

Multiple facts are attributed to the growth of the women’s skincare market. Increasing concern regarding health and body, rising demand for face and body care products, and rising demand for clean, organic, and sustainable products are fueling the growth market growth of women’s skincare products. Moreover, this expansion can be ascribed to various factors, including rising consumer demand for skin care products, technological developments, and the advent of new natural components. Furthermore, greater acceptance of beauty-enhancing products and improved knowledge of skincare benefits have aided in the expansion of the skincare sector market globally. Companies are increasingly spending extensively researching and developing to generate novel skincare products that match consumers’ ever-changing needs. The trend of increased income from the skincare business will likely continue in the following years, spurred by the sustained demand for high-quality skincare products.

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US and France Women Skincare Market Overview

The skincare market in the United States has been experiencing significant growth. Factors such as increasing awareness about skincare, rising disposable income, and evolving consumer preferences have contributed to the market’s expansion. The demand for skincare products, including cleansers, moisturizers, serums, and anti-aging solutions, has been consistently strong. The U.S. skin care market has shifted towards natural and organic products as consumers prioritize clean and sustainable beauty options. There has also been a rise in demand for specialized skincare products targeting specific concerns such as acne, hyperpigmentation, and sensitive skin.

Additionally, products that cater to the specific demands of specific hair types are quickly becoming the standard. Many of these items are specialized hair care procedures for specific ethnic communities. New product portfolios and aggressive advertising strategies are being developed.

They are increasing the sales of these new shampoos, styling agents, and coloring formulas. Customers demand shampoos that can smooth, add gloss and volume, and regenerate hair follicles. Hair products, particularly those designed to treat hair loss, have both grown in popularity among women and men.

In recent years, there has been a growing emphasis on using technology in skincare, with the introduction of devices like facial cleansing brushes, LED light therapy devices, and at-home skincare diagnostic tools. Additionally, the e-commerce boom has transformed how consumers purchase skincare products, with online retailers and subscription services gaining popularity.

US and France Women Skincare Market Segmentation Analysis

The US and France Women Skincare Market is segmented based on Product, and Distribution Channel.

US and France Women Skincare Market, By Product

  • Facial care
  • Body care
  • Suncare
  • Hand care
  • Depilatories

To Get a Summarized Market Report By Product-

United States & France Women Skincare Market is experiencing a scaled level of attractiveness in the Facial Care segment. Facial Care segment has a prominent presence and holds the major share of the market. Facial Care segment is anticipated to account for a significant market share of 53.69 % by 2030 in United States. The segment is projected to gain incremental market value of USD 3,600.30 Million and is projected to grow at a CAGR of 5.60% between 2023 and 2030.

Facial Care segment is anticipated to account for a significant market share of 51.47 % by 2030 in United States. The segment is projected to gain incremental market value of USD 975.16 Million and is projected to grow at a CAGR of 6.14% between 2023 and 2030.

Facial care products are crucial in the skincare routine as they help nourish, clean and protect the skin. Facial care products such as cleansers, toners, moisturizers, and serums are designed to address specific skin conditions and promote a healthy complexion. These products help to maintain healthy skin while also addressing common skin conditions. Facial products have different applications; for instance, cleansers help to remove impurities, oil, and dirt that help to keep the skin clean while preventing clogged pores. The toners help tighten the skin pores and balance the skin’s pH levels, while the moisturizers hydrate the skin and prevent moisture loss.

U.S. and France Women Skincare Market, By Distribution Channel

  • Health and beauty stores
  • Hypermarkets and supermarkets
  • Prepharmacies or drugstores
  • Department stores
  • Specialty Store
  • Others

To Get a Summarized Market Report By Distribution Channel-

United States & France Women Skincare Market is experiencing a scaled level of attractiveness in the Health and beauty stores segment. The Health and beauty stores segment has a prominent presence and holds the major share of the market. Health and beauty stores segment is anticipated to account for the significant market share of 36.95% by 2030 in United States. The segment is projected to gain incremental market value of USD 2,607.47 Million and is projected to grow at a CAGR of 5.95% between 2023 and 2030.

Health and beauty stores segment is anticipated to account for a significant market share of 38.83% by 2030 in France. The segment is projected to gain incremental market value of USD 762.98 Million and is projected to grow at a CAGR of 6.43% between 2023 and 2030.

Health and Beauty Stores are retail establishments that offer beauty, personal care, and well-being products. These stores offer a range of products such as skincare, cosmetics, hair care, fragrances, personal hygiene products, vitamins and supplements, and more. The stores mainly target individuals looking to maintain good hygiene and appearance while supporting their overall health. These stores often market popular brands and specialized products.

Key Players

The major players in the market are Proctor & Gamble, L’Oreal, Revlon, Johnson & Johnson, Coty, Estee Louder Companies Inc., Bioderma, Caudalie, Starflower essential, Supergoop, Nuxe, Alpyn Beauty, Renee Rouleau & Topicals., and Others. This section provides a company overview, ranking analysis, company regional and industry footprint, and ACE Matrix. Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with Product benchmarking and SWOT analysis.

Key Developments

  • In May 2022, L’Oréal Paris recently launched a campaign with Chinese lingerie and loungewear lifestyle brand NEIWAI to encourage Chinese women to proudly embrace their natural skin tone and true authentic self.
  • In March 2022, Venus is introducing its first dermaplaning skincare regimen, which includes a trio of products for a simple three-step dermaplaning routine.

Ace Matrix Analysis

The Ace Matrix provided in the report would help to understand how the major key players involved in this industry are performing as we provide a ranking for these companies based on various factors such as service features & innovations, scalability, innovation of services, industry coverage, industry reach, and growth roadmap. Based on these factors, we rank the companies into four categories as Active, Cutting Edge, Emerging, and Innovators.

Market Attractiveness

The image of market attractiveness provided would further help to get information about the segment that is majorly leading in the US and France Women Skincare Market. We cover the major impacting factors that are responsible for driving the industry growth in the given geography.

Porter’s Five Forces

The image provided would further help to get information about Porter’s five forces framework providing a blueprint for understanding the behavior of competitors and a player’s strategic positioning in the respective industry. Porter’s five forces model can be used to assess the competitive landscape in the US and France Women Skincare Market, gauge the attractiveness of a certain sector, and assess investment possibilities.

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