Report : South America Skin Care Products Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Product Type (Creams & Lotions, Cleansers, Serums, and Others), Category (Organic and Conventional), End User (Men, Women, and Others), and Distribution Channel (Supermarkets & Hypermarkets, Specialty Stores, Online Retail, and Others)
Creams & Lotions Segment to Dominate SAM Skin Care Products Market During 2021–2028
According to a new market research study on “SAM Skin Care Products Market to 2028 – COVID-19 Impact and Regional Analysis and Forecast by Product Type, Category, End User, and Distribution Channel” is expected to reach US$ 18,048.66 million by 2028 from US$ 9,295.53 million in 2021. The market is estimated to grow at a CAGR of 9.9% from 2021 to 2028. The report provides trends prevailing in the SAM skin care products market along with the drivers and restraints pertaining to the market growth. Growing trend of the skin care routine and ascending demand for men’s skin care products are the major factor driving the growth of the SAM skin care products market. However, concerns around PFAS chemicals found in skin care products hinder the growth of SAM skin care products market.
The SAM skin care products market is segmented based on product type, category, end user, distribution channel, and country. Based on product type, the SAM skin care products market is segmented into creams & lotions, cleansers, serums, and others. The creams & lotions segment dominated the market in 2020 and serums segment is expected to be fastest growing during forecast period. Based on category, the SAM skin care products market is segmented into organic and conventional. The conventional segment dominated the market in 2020 and organic segment is expected to be fastest growing during forecast period. Based on end user, the SAM skin care products market is segmented into men, women, and others. The women segment dominated the market in 2020 and men segment is expected to be fastest growing during forecast period. Based on distribution channel, the SAM skin care products market is segmented into supermarkets & hypermarkets, specialty stores, online retail, and others. The others segment dominated the market in 2020 and online retail segment is expected to be fastest growing during forecast period. Based on country, the SAM skin care products market is segmented into Brazil, Argentina, and rest of SAM.
Avon Products; Beiersdorf; Himalaya Wellness Company; Johnson & Johnson Services, Inc; L’Oréal Groupe; Procter & Gamble; Shiseido Co.,Ltd.; Unilever; and VLCC Wellness are among the leading companies in the SAM skin care products market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For instance, in 2021, Shiseido and Tencent Form Global Strategic Partnership.
Contact Us
Contact Person: Sameer Joshi
Phone: +1- 646- 491- 9876
Email Id: sales@businessmarketinsights.com