Global Facial Care Market Size, Share, Opportunities, And Trends By Product Type (Face Cream, Face Wash, Serums & Masks, Others), By Gender (Male, Female), By Distribution Channel (Online, Offline), And By Geography - Forecasts From 2025 To 2030

  • Published : Dec 2024
  • Report Code : KSI061613995
  • Pages : 145
excel pdf power-point

Global Facial Care Market Size And Forecast

The Global Facial Care Market is expected to grow at a CAGR of 5.83%, reaching a market size of US$207.196 billion in 2030 from US$156.066 billion in 2025.

The facial care market consists of various products, from cleansers to active ingredients like retinol or niacinamide, helping maintain good skin health. It addresses multiple skin-related concerns like moisturization, cleaning, scrubbing, hydration, sun protection, aging, and other related concerns. The market for facial care includes products like cleansers, toners, moisturizers, exfoliators, facial masks, serums, face oil, acne-specific creams, and many other products to enhance the overall health of the face.

The demand for skincare products is rising as consumer awareness of the benefits of skincare products for the skin increases.  At the same time, increasing pollution around cities is expanding the demand for facial care products for the protection and restoration of skin health. There are rising skin-related concerns, as the harmful effect of pollution is damaging the skin and leading to premature aging.  Furthermore, the rising disposable income among consumers is fuelling the market expansion of facial care products as people are investing their income in premium products. Moreover, social media platforms like Instagram and YouTube are playing a significant role in shaping consumer preference for facial care products, leading to increased global facial care market growth.

The facial care market consists of products like creams, lotions and moisturizers, cleansers, exfoliators, serums, sunscreens, facemasks, and others (Facial oil, eye creams. toners, etc.) segmented mainly for females and males, where the female segment holds the largest market share. Facial care products are distributed primarily through online and physical retail stores like supermarkets, shops, etc. Some facial care companies are leading their distribution channel through pharmacies & drugstores. The market is fairly spread across Asia-Pacific, North America, South America, Europe, and the Middle East. However, North America has the largest market share, while Asia-Pacific is the fastest-growing facial care market in the forecast period.

What are the Global Facial Care Market Drivers?

  • Rising trend for skin health and wellness is leading the market growth of global facial care

Over the last few decades, there has been an increasing trend in overall health and wellness. The skincare segment is growing exponentially, particularly for non-toxic, natural products that improve overall skin health. The awareness among consumers is increasing due to rising internet penetration. They are shifting their demand towards high-quality skin care products, enhancing their skin barrier repair and internal skin rejuvenation. This increase in the demand for skin care health is leading to market expansion for global facial care products.

As per annual reports of L’Oreal, the world’s largest cosmetics and beauty company, it had annual sales of 26.9 billion euros in 2018, and the annual sales in 2023 were 41.18 billion euros, suggesting the exponential increase in demand for skin care products worldwide.

  • Social media influencers fuel the surge the demand in the facial care market

Social media like Instagram and YouTube significantly impact the skincare market’s growth. These platforms have become hubs for skincare education, leading to consumer awareness through influencers and celebrity endorsement. Brands are paying huge amounts to these social media influencers for promoting their brand, creating demand for skin care products. Social media is showcasing many skincare routines, such as glass skin and Korean skin, creating consumer preference and demand for these products. Thus, these platforms, especially through influencers who are ordinary individuals using the company’s brand awareness, are driving demand for the global facial care market.

For example, as per a recent study done by Harvard Business School, around 42% of consumers aged between 18 and 24 years old have confirmed that they rely on social media platforms for their skincare and makeup.

Segmentation Analysis of the Global Facial Care Market

  • Cream, lotion, and Moisturizer will continue to hold the largest market share in global facial care

The global facial care market is segmented into creams, lotions and moisturizers; cleansers; exfoliators; serums; sunscreens; facemasks; and others (Facial oil, eye creams. toners, etc.). In the forecast period, creams, lotions, and moisturizers will continue to hold the largest share in the global face care market. This growth is owing to various factors, such as the fact that this is the most fundamental skin care product for hydration and maintaining skin health. The dry season also necessitates the demand for moisturizers for the skin. At the same time, moisturizers promote skin hydration, skin barrier protection, and, nowadays, SPF protection and anti-aging properties. Active ingredients like ceramides, hyaluronic acid, and glycolic acid are added to the moisturizer, promoting the demand for moisturizers.

Asia-Pacific will be leading global facial care market growth in the forecast period.

The global market is segmented into Asia-Pacific, North America, South America, Europe, Middle East and Africa. Asia-Pacific would be the fastest-growing global facial care market, though North America will continue to have the largest market share.

Asia-Pacific will be the fastest-growing market due to its huge consumer base and growing disposable income with consumers, particularly in developing economies like India and China. At the same time, the working-class female population is also growing, increasing the demand for skin care products. Moreover, the growing e-commerce is making it easier for consumers to avail beauty products. This, coupled with a huge young demographic in Asia-Pacific, is increasing the demand for facial care products significantly in the next decade.

Major Restraints of the Global Facial Care Market:

  • High competition in the skincare market can limit market growth

Though the global facial care market will be experiencing promising growth in the next decade, the competition in the skincare market is fierce. There are tons of multinational and domestic companies offering varied skin care products. This intense competition can be a limiting factor for new entrants as these previous companies have established their brand value and leave little scope for new entrants to expand their market. At the same time, regulatory rules and regulations can hinder the market growth.

Key Developments in the Global Facial Care Market:

  • In August 2024, Justhuman launched its first skin care product,” Microshots Age Defying Peptide6 Treatment Cream,” based on neurocosmetics.
  • In August 2024, Galderma signed an MOU with L’Oreal, providing the latter with a 10% stake in the form of a scientific partnership for research and development to advance its category in dermatology.
  • In July 2024, Givaudan, a fragrance and beauty company, acquired b.kolomakeup & skincare. b.kolor is an Italian company specializing in the development of finished make-up and skincare products.
  • In June 2024, Lubrizol Life Science – Beauty introduced a metaverse AI platform for PBC product manufacturers to understand the customers of Argireline Amplified peptides. This peptide is a multi-functional ingredient with intense anti-aging power that is helpful for dull and aging skin to transform into healthier and more glowing skin.

The Global Facial Care market is segmented and analyzed as follows:

  • By Product Type
    • Cream, Lotion and Moisturizers
    • Cleanser
    • Exfoliators
    • Serums
    • Sunscreens
    • Facemask
    • Others (Facial oil, eye creams. toners, etc.)
  • By Gender
    • Female
    • Male
  • By Distribution Channel
    • Physical Retail Stores
    • Online Retail
    • Pharmacies and Drugstores
  • By Geography
    • North America
      • United States
      • Canada
      • Mexico
    • South America
      • Brazil
      • Argentina
      • Others
    • Europe
      • UK
      • Germany
      • France
      • Italy
      • Others
    • Middle East and Africa
      • Saudi Arabia
      • Israel
      • Others
    • Asia Pacific
      • Japan
      • China
      • India
      • South Korea
      • Indonesia
      • Thailand
      • Others

Frequently Asked Questions (FAQs)

Facial Care Market was valued at US$122.803 billion in 2020.

The global facial care market is expected to reach a market size of US$169.371 billion by 2027.

The facial care market is expected to grow at a CAGR of 4.70% over the forecast period.

The facial care market growth is being driven by raising awareness of the benefits of facial products in maintaining healthy skin, improving skin appearance, and minimizing skin disorders.

North America accounted for a significant share of the facial care market owing to the high awareness of the benefits of regular face care regimes among both male and female populations.

1. INTRODUCTION

1.1. Market Overview

1.2. Market Definition

1.3. Scope of the Study

1.4. Market Segmentation

1.5. Currency

1.6. Assumptions

1.7. Base and Forecast Years Timeline

1.8. Key Benefits for the Stakeholders

2. RESEARCH METHODOLOGY  

2.1. Research Design

2.2. Research Process

3. EXECUTIVE SUMMARY

3.1. Key Findings

3.2. Analyst View

4. MARKET DYNAMICS

4.1. Market Drivers

4.2. Market Restraints

4.3. Porter’s Five Forces Analysis

4.3.1. Bargaining Power of Supplier

4.3.2. Bargaining Power of Buyers

4.3.3. The Threat of New Entrants

4.3.4. Threat of Substitutes

4.3.5. Competitive Rivalry in the Industry

4.4. Industry Value Chain Analysis

5. GLOBAL FACIAL CARE MARKET BY PRODUCT TYPE 

5.1. Introduction

5.2. Cream, Lotion and Moisturizers

5.3. Cleanser

5.4. Exfoliators

5.5. Serums 

5.6. Sunscreens

5.7. Facemask

5.8. Others (Facial oil, eye creams. toners, etc.)

6. GLOBAL FACIAL CARE MARKET BY GENDER 

6.1. Introduction

6.2. Female

6.3. Male

7. GLOBAL FACIAL CARE MARKET BY DISTRIBUTION CHANNEL

7.1. Introduction

7.2. Physical Retail Stores

7.3. Online Retail 

7.4. Pharmacies and Drugstores

8. GLOBAL FACIAL CARE MARKET BY GEOGRAPHY

8.1. Introduction

8.2. North America

8.2.1. United States

8.2.2. Canada

8.2.3. Mexico

8.3. South America

8.3.1. Brazil

8.3.2. Argentina

8.3.3. Others

8.4. Europe

8.4.1. UK

8.4.2. Germany

8.4.3. France

8.4.4. Italy

8.4.5. Others

8.5. Middle East and Africa

8.5.1. Saudi Arabia

8.5.2. Israel

8.5.3. Others 

8.6. Asia Pacific

8.6.1. Japan

8.6.2. China

8.6.3. India

8.6.4. South Korea

8.6.5. Indonesia

8.6.6. Thailand

8.6.7. Others

9. COMPETITIVE ENVIRONMENT AND ANALYSIS

9.1. Major Players and Strategy Analysis

9.2. Market Share Analysis

9.3. Mergers, Acquisitions, Agreements, and Collaborations

9.4. Competitive Dashboard

10. COMPANY PROFILES

10.1. L’Oreal

10.2. Johnson& Johnson

10.3. La Roche-Posay

10.4. Unilever

10.5. Proctor & Gamble

10.6. Estee Lauder

10.7. Shiseido

10.8. Beiersdorf

10.9. LVMH

10.10. Kao

10.11. Coty

10.12. SkinCeuticals

10.13. Oriflame

10.14. Glytone

10.15. Galderma

L’Oreal

Johnson& Johnson

La Roche-Posay

Unilever

Proctor & Gamble

Estee Lauder

Shiseido

Beiersdorf

LVMH

Kao

Coty

SkinCeuticals

Oriflame

Glytone

Galderma