Dublin, Aug. 01, 2024 (GLOBE NEWSWIRE) -- The "Skin Lighteners - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market for Skin Lighteners is estimated at US$9 Billion in 2023 and is projected to reach US$13.3 Billion by 2030, growing at a CAGR of 5.6% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The growth in the skin lighteners market is driven by several factors, including technological advancements, increasing consumer awareness, and changing beauty standards. Innovations in ingredient formulation and delivery systems are enhancing the effectiveness and safety of skin lighteners, making them more appealing to a broader audience. Rising disposable incomes, particularly in emerging markets, are also contributing to higher spending on skincare products, including lighteners.
Additionally, the influence of social media and beauty influencers plays a significant role in shaping consumer preferences and boosting demand for these products. Regulatory changes aimed at ensuring product safety and ethical marketing practices are encouraging companies to develop more effective and safer alternatives. These factors collectively contribute to the robust expansion of the skin lighteners market, reflecting evolving consumer needs and industry standards.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Creams segment, which is expected to reach US$6.9 Billion by 2030 with a CAGR of a 6%. The Cleansers segment is also set to grow at 6.4% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $857.4 Million in 2023, and China, forecasted to grow at an impressive 7.4% CAGR to reach $4.2 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Skin Lighteners Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Skin Lighteners Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Skin Lighteners Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as Amway Corporation, Beiersdorf AG, Allergan PLC, and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Select Competitors (Total 132 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.
Key Attributes
| Report Attribute | Details |
| No. of Pages | 345 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value (USD) in 2023 | $9 Billion |
| Forecasted Market Value (USD) by 2030 | $13.3 Billion |
| Compound Annual Growth Rate | 5.6% |
| Regions Covered | Global |
Key Topics Covered
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- The Skin Eyes a Brighter Future & Youthful Complexion with Innovative Skin Lightning Treatments
- Skin Lightning Treatments: A Brief Overview
- Common Issues Targeted by Skin Lightning Treatments
- Popular Ingredients with Skin Lightening Benefits
- Skin Lightening Gains Hold as a Thriving Global Trend
- Global Economic Update
- In a World Torn by Geopolitical Instability & War, Steadfastness of Global GDP Becomes Increasingly Unpredictable Given the Many Direct and Indirect Economic Repercussions: World Economic Growth Projections (Real Gross Domestic Product (GDP), Annual % Change) for the Years 2022 Through 2025
- All Eyes on Global Inflation, the Main Risk Factor in Global Markets: Global Headline Inflation Rates (In %) for the Years 2019 through 2025
- With Oil Prices Influencing the Rate of inflation, it Remains the Most Watched Commodity in Global Markets: Global Average Annual Brent Crude Oil Price (In US$ Per Barrel) for Years 2019 through 2025
- COVID-19 Impact on Skin Lighteners Market
- Global Market Prospects & Outlook
- Global Skin Lightening Products Market Displays Amazing Glow of Unwavering Growth
- Skin Lightening Products Market Moves Aplomb with Favorable Dynamics
- Creams & Lotions, Natural, and Women: High-Radiance Segments of Skin Lightening Products Market
- Synthetic Products Lead, Natural Products Poised for High Growth
- Nations Contributing to Graceful March of Global Skin Lightening Products Market
- Developing Regions Present Promising Growth Opportunities for Skin Lightening Products
- Asia-Pacific Exhibits Deeper Tones of Demand Frenzy for Skin Lighteners
- Competition
- Skin Lighteners - Global Key Competitors Percentage Market Share in 2024 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
- Recent Market Activity
- Influencer/Product/Technology Insights
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
- Safer Ingredients and Alternative Treatment Approaches to Combat Proliferation of Skin Lightening Products with Harmful Ingredients
- AI Helping with Better Analysis of Skincare Efficacy
- 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 (2024E))
- 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 2024E
- 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
- Asia-Pacific at Forefront of Patents on Skin Brightening Ingredients & Techniques
- Physician-Dispensed Skin Brightening and Lightening Products: Opportunities for Growth
- Combination of Ingredients Provide Better Results
- Skin Lightening Injections: A Shocking Craze
- Laser Technology: An Ultimate Option for Individuals Seeking Skin Lightening
- 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
- Skin Lightening Domain Witnesses Rising Investments in Novel & Sustainable Options
- 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
- Innovations to Improve Natural Brightness and Clarity of the Skin
- Select Innovations
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/v3x579
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Attachment
