GITNUX MARKETDATA REPORT 2024

Must-Know Skin Care Statistics [Recent Analysis]

Highlights: The Most Important Skincare Statistics

  • The global skincare market is expected to reach $183.03 billion by 2025.
  • Surveys found that about 50 percent of U.S. consumers prefer skincare products that are natural or organic.
  • South Korea’s skincare market is expected to exceed $13 billion by 2024.
  • From October 2017 to 2019, skincare as a category saw a 60% increase in market share.
  • Around 37% of U.S. women use topical skincare products that claim to improve signs of aging.
  • Nearly 80% of women remove facial hair every 1-3 days.
  • 47% of US consumers feel it’s important to understand the ingredients in skincare products.
  • According to a survey, 52% of U.S. women believe it’s important to buy skincare products that are free from certain ingredients.
  • Sun care, the smallest skincare category in 2011, grew by 6.8% from 2011-2012.
  • In 2020, the online skincare market value was estimated to be worth around 6.959 billion USD in China.
  • The APAC skincare market will grow by USD 34.6 billion during 2020-2024.
  • About 71% of American women use skincare products daily.
  • South Korea had the highest per capita spending on skincare products, at around 90 USD in 2020.
  • In the U.S., 62% of adults reported wearing sunscreen, according to a 2020 survey.
  • More than a quarter of US women say that ethical considerations are very important in their skincare purchases.
  • Facial Cleansers cornered a market share of nearly 33.6% in 2020 within the global skincare market.
  • Age 25-34 has the highest percentage (15.4%) across all age groups in Japan, who will purchase skincare about once a month.
  • Europe dominated the organic skincare market in 2020, grabbing 33.2% of the global market share.
  • 42.7% of consumers prefer to buy skincare products from specialty stores.
  • A 2020 survey showed that 74% of Chinese urban females purchased skincare products online.

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As we all know, skincare is an important part of our daily lives. From the products we use to the habits we form, the way we take care of our skin can have a huge impact on our overall health and wellbeing. But what do the statistics say about skincare?

In this article, we’ll take a look at some of the most interesting skincare statistics and explore what they mean to us. We’ll also discuss the importance of skincare and how we can make sure we’re taking the best possible care of our skin. So let’s dive in and explore the world of skincare statistics.

Skincare: Most important Statistics

The market value of skincare products in Great Britain has increased since 2012, with cosmetic facial care leading the market with a sales value of around 996 million British pounds.
The United Kingdom skincare market is expected to reach USD 24.37 billion by 2024, growing at a CAGR of 5.2%.
The market value of non-medicated facial skincare products in Great Britain has increased by approximately 277.4 million British pounds from 2010 to 2021.

Skincare: Statistics Overview

The market value of skincare products in Great Britain decreased slightly in 2021 compared to 2020, with the lowest value observed in 2012.

This provides insight into the overall market value of skincare products in Great Britain over the past decade. This information can help companies and marketers understand the current state of the skincare market and make informed decisions about their strategies.

The market value of skincare products in Great Britain has increased since 2012, with cosmetic facial care leading the market with a sales value of around 996 million British pounds.

The skincare industry is growing in Great Britain and that cosmetic facial care is the leading category. This information can be used to inform marketing and product development strategies for companies in the skincare industry.

The global skincare products market is expected to expand at a CAGR of 4.6% from 2022 to 2030, driven by increasing demand for face creams, sunscreens, and body lotions.

The skincare products market is growing at a steady rate and is expected to continue to do so over the next few years. This indicates that the demand for skincare products is increasing, which is beneficial for businesses and consumers alike. It also shows that consumers are becoming more aware of the importance of taking care of their skin, which is an important factor in overall health and wellbeing.

82% of respondents in the UK use oral and dental care products regularly. This statistic is important in the context of skincare statistics because it shows that oral and dental care products are popular and widely used.

This data can be used to inform marketing strategies for skincare products, as well as to better understand consumer preferences and behaviors.

The United Kingdom skincare market is expected to reach USD 24.37 billion by 2024, growing at a CAGR of 5.2%.

This statistic is important because it shows the growth of the skincare market in the United Kingdom, which is reflective of the overall European market. This indicates that there is a growing focus on quality and increased presence of regional players, which is significant for the skincare industry.

The Skincare Products Market Research Report provides comprehensive market statistics, including global market size, regional shares, competitors, market segments, trends, and opportunities.

This matters in the context of Skincare Statistics because it provides valuable information to businesses in the industry, allowing them to make informed decisions about their strategies and investments. It also helps them to identify potential opportunities and threats in the market, as well as to understand the competitive landscape.

The market value of non-medicated facial skincare products in Great Britain has increased by approximately 277.4 million British pounds from 2010 to 2021.

This shows the growth of the non-medicated facial skincare market in Great Britain over the past decade. This information can be used to inform decisions about product development, marketing, and pricing strategies in the industry. Additionally, it can be used to compare the performance of the non-medicated facial skincare market in Great Britain to other markets.

The market value of medicated facial skincare products in Great Britain grew from 2012 to 2017, but decreased continuously from 2017 to 2021.

It provides insight into the market trends for medicated facial skincare products in Great Britain. This information can be used to inform marketing and product development decisions, as well as to identify potential areas of growth or decline in the industry.

Men are increasingly spending more money on grooming products, representing a multi-billion growth segment opportunity for the skincare industry.

There is a growing market for skincare products, which can be targeted to both men and women. This could lead to increased profits for the skincare industry, as well as increased awareness of the importance of skincare for both genders.

Future market insights predict a comparison and review analysis of the man’s skincare products market, which is optionally subjected to an array of industry factors.

This statistic matters in the context of Skincare Statistics because it provides insight into the dynamics of the man’s skincare products market, which can be used to inform decisions about product innovation and development.

It also provides a comprehensive review of the industry factors that may influence the market, which can be used to better understand the current state of the market and anticipate future trends.

Conclusion

In conclusion, skincare is an important part of overall health and well-being. The statistics provided in this blog post demonstrate the importance of taking care of our skin, and the potential consequences of neglecting it. Whether you’re looking for ways to improve your skincare routine, or simply want to be more aware of the potential risks associated with neglecting your skin, these statistics provide a valuable insight into the importance of skincare.

References

1 – https://www.statista.com/statistics/289747/skincare-tota-market-value-in-great-britain/

2 – https://www.statista.com/statistics/289711/market-value-of-skincare-cosmetics-in-the-united-kingdom-uk/

3 – https://www.grandviewresearch.com/industry-analysis/skin-care-products-market

4 – https://www.statista.com/forecasts/997818/personal-care-product-usage-by-category-in-the-uk

5 – https://www.mordorintelligence.com/industry-reports/uk-professional-skincare-product-market

6 – https://www.globenewswire.com/Tracker?data=7Vv3HcQ7fwrRFHHE0uIlHN1gU7Zzm9SFBYMOW3IDFKWMSNSV1_L_Ew6MxI1nSgIbybDGlpXMS8XwoetQmiHebHJC6rIHY5riWSzwF7Q9BqABacsklMqIvsg_BbQKdIwT-SZIUotnP9gITuP_rNNf7e_0GQCx6mIe4LXZpv_gE4JutpqdwsVpApUHPCeXHf-5

7 – https://www.statista.com/statistics/474503/market-value-facial-skincare-great-britain-uk/

8 – https://www.statista.com/statistics/474551/market-value-facial-skincare-great-britain-uk/

9 – https://vitality-pro.com/mens-skincare-and-makeup-statistics/#:~:text=The%20global%20men’s%20personal%20care%20market%20size%20was%20valued%20at,9.1%25%20from%202022%20to%202030.&text=Men%20look%20at%20the%20shelves,%2C%20face%20masks%2C%20and%20peels.

10 – https://www.futuremarketinsights.com/reports/mens-skincare-products-market

FAQs

What percentage of women use skincare products daily?

According to Canadian Dermatology Association, approximately 90% of women use skincare products daily.

What is the projected growth of the global skincare market?

The global skincare products market size is projected to reach USD 188.3 billion by 2025, expanding at a CAGR of 4.4% (source Grand View Research).

How common is acne among the population?

Roughly 85% of people between the ages of 12 and 24 experience at least minor acne (source American Academy of Dermatology).

What percentage of people use skincare products to slow down or reduce signs of aging?

About 56% of women over age 25 use skincare products to slow down or reduce the signs of aging (source U.S. Census data and Simmons National Consumer Survey).

What is the most common skin condition in the United States?

Acne is the most common skin condition in the United States, affecting up to 50 million Americans annually (source American Academy of Dermatology).

How we write our statistic reports:

We have not conducted any studies ourselves. Our article provides a summary of all the statistics and studies available at the time of writing. We are solely presenting a summary, not expressing our own opinion. We have collected all statistics within our internal database. In some cases, we use Artificial Intelligence for formulating the statistics. The articles are updated regularly.

See our Editorial Process.

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