Global Skin Lighteners Strategic Business Report 2023: Historic Review 2014-2021 and Sales for 2014, 2023, and 2030


Dublin, Nov. 30, 2023 (GLOBE NEWSWIRE) -- The "Skin Lighteners - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

Global Skin Lighteners Market to Reach $15.7 Billion by 2030

The global market for Skin Lighteners estimated at US$8.8 Billion in the year 2022, is projected to reach a revised size of US$15.7 Billion by 2030, growing at a CAGR of 7.5% over the analysis period 2022-2030.

The report encompasses a comprehensive analysis of the Skin Lighteners market, including data on annual sales in US$ Thousand and percentage CAGR for the years 2022 through 2030, a historic review covering the years 2014 through 2021, and a 16-year perspective with a percentage breakdown of value sales for the years 2014, 2023, and 2030.

Creams, one of the segments analyzed in the report, is projected to record 8% CAGR and reach US$8.2 Billion by the end of the analysis period. Growth in the Cleansers segment is estimated at 8.4% CAGR for the next 8-year period.

The U.S. Market is Estimated at $341.9 Million, While China is Forecast to Grow at 9.4% CAGR

Similar analyses are provided for Creams, Cleansers, Masks, and Other Product Types across various geographic regions. Additionally, the report presents a summary of the Skin Lighteners market analysis, including annual sales figures from 2014 to 2030. These findings offer a comprehensive overview of the market's past, current, and future performance.

The Skin Lighteners market in the U.S. is estimated at US$341.9 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$7.8 Billion by the year 2030 trailing a CAGR of 9.4% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4% and 5.2% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.8% CAGR.

What`s New?

  • Special discussions on the global economic climate and market sentiment
  • Coverage on global competitiveness and key competitor percentage market shares
  • Market presence analysis across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and trademarked research platform
  • Complimentary updates for one year
  • Access to curated YouTube video transcripts of market sentiments shared by CEOs, domain experts and market influencers via interviews, podcasts, press statements and event keynotes

Key Attributes:

Report AttributeDetails
No. of Pages309
Forecast Period2022 - 2030
Estimated Market Value (USD) in 2022$8.8 Billion
Forecasted Market Value (USD) by 2030$15.7 Billion
Compound Annual Growth Rate7.5%
Regions CoveredGlobal

MARKET OVERVIEW

  • Impact of COVID-19 Pandemic and Looming Global Recession
  • 2020: A Year of Disruption & Transformation
  • As the Race between the Virus & Vaccines Intensifies, Where is the World Economy Headed in 2021?
  • World Economic Growth Projections (Real GDP, Annual % Change) for 2020 through 2022
  • Beauty and Personal Care Industry Comes Under Tremendous Stress Due to Pandemic
  • Pandemic-Induced Reduction in Consumer Spending Affects Sales of Skin Lighteners: % Change in Consumer Spending in Select Regions/Countries for 2020
  • Skin Lighteners - Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
  • Skin Color: Physiology & Disorders
  • Melanin: The Pigment of Skin Color
  • Physiology Behind Skin Darkening
  • Skin Pigmentation Disorders
  • An Introduction to Skin Lightening/Whitening
  • Skin Lightening/Whitening - A Definition
  • Functioning Mechanism of Skin Lightening Products
  • Skin Lightening Ingredients: An Overview
  • Issues with Select Actives in Skin Lighteners
  • Global Market Prospects & Outlook
  • Creams Lead the Global Skin Lightening Market
  • Synthetic Products Lead, Natural Products Poised for High Growth
  • Developing Regions Present Promising Growth Opportunities for Skin Lightening Products
  • Competition
  • Brands Change Product Positioning Strategies Amidst Concerns over Discrimination Against Colored Population
  • World Brands
  • Recent Market Activity

MARKET TRENDS & DRIVERS

  • Culture & Ethnicity Shape the Skin Lighteners Landscape
  • Women of Color Spent Significantly on Lightening Creams
  • Manufacturers Seek New Growth Avenues in Developed Markets
  • Total Body Whitening Products Emerge as Potential Areas of Growth
  • Women: An Important Consumer Cluster for Skin Lightening/Whitening Products
  • Growing Participation of Women in Workforce Augurs Well for Skin Lighteners Market: Women as % of Labor Force by Region (2020)
  • Women No Longer the Only Target Market
  • Rising Interest of Men in Beauty and Cosmetic Products: Skin Lightening Market to Benefit
  • Global Male Grooming Products Market Size in US$ Billion for the Years 2019, 2021, 2023 and 2025
  • New Breed of "Metrosexuals" Spur Growth
  • Natural Skin Lightening Ingredients Continue to Find Favor
  • Global Skin Lightening Products Market by Nature of Ingredient (in %) for 2020
  • Trend towards Organic Skin Care Products Fuel Interest in Organic Skin Lightening Products
  • Global Natural Cosmetics Market: Sales in US$ Billion for the Years 2019, 2021, 2023 and 2025
  • Rise in Demand for Innovative Ingredients for Skin Lightening
  • Growing Sales of Anti-Aging Products Augurs Well for Skin Lighteners Market
  • Expanding Anti-Aging Products Presents Market Opportunities: Global Anti-Aging Cosmetics Market for the Years 2018, 2020, 2022 and 2024
  • Skin Bleaching Products: Commanding Significant Market in Asia
  • Physician-Dispensed Skin Brightening and Lightening Products: Opportunities for Growth
  • Combination of Ingredients Provide Better Results
  • Skin Lightening Injections: A Shocking Craze
  • Online Sales of Skin Lightening Products Register Strong Growth
  • Global e-Commerce Market Growth Outlook (In %) For Years 2019 Through 2025
  • Use of Mercury in Skin Lightening Products and the Resultant Issues
  • Lax Regulations, Unsafe Ingredients: Major Areas of Concern
  • Expanding Urban and Middle Class Population to Drive Market Growth
  • World Urban Population in Thousands: 1950-2050P
  • Global Middle Class Population (In Million) by Region for the Years 2020, 2025 and 2030
  • Global Middle Class Spending (US$ Trillion) by Region for the Years 2020, 2025, 2030

FOCUS ON SELECT PLAYERS(Total 123 Featured)

  • Amway Corporation
  • Beiersdorf AG
  • Allergan PLC
  • CavinKare Pvt., Ltd.
  • Agarwal Herbal Products
  • Amorepacific Corporation
  • Aveda Corporation
  • Aryanveda Cosmeceuticals
  • Celblos Dermal Research Center Pte., Ltd.
  • Anna Lotan Bio-Cosmetic Laboratories Ltd.
  • Alban Muller International
  • Biocosmetic Research Labs (Black Opal)
  • Bio Veda Action Research Co.
  • Atomy America Inc.
  • CENTOUNO COSMETICA S.r.l.

For more information about this report visit https://www.researchandmarkets.com/r/3wmz7f

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Skin Lighteners Market

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