Escalating demand for face creams, sunscreens, and body lotions across the region is expected to have a market growth. Face creams and moisturizers are gaining increasing popularity because of the daily skin care routines trend followed by the young generation where celebrity endorsement and social media influencer play an impactful role in skin care routine and influencer and celebrity promotes skin care products and their skin care routines. As people are becoming more conscious of their physical appearance, along with being more concerned about skin disorders and virulence of the skin. A skin care routine helps the skin to stay in good condition and skin care products are used to address basic skin problems ranging from acne to scars. Skin is one of the organs that receives the most damage owing to exposure to external factors such as ultraviolet (UV) rays and pollution. Consequently, there has been an increase in the tendency among the consumers towards engaging in a regular skin care routine, thus making it an integral part of personal well-being. So, growing trend of skin care routine is expected to grow the market across the region.
With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the SAM skin care products market in the coming years. The market is expected to grow at a good CAGR during the forecast period.
SAM Skin Care Products Market Revenue and Forecast to 2028 (US$ Million)
SAM Skin Care Products Market Segmentation
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 the 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.
| Report Attribute | Details |
|---|---|
| Market size in 2021 | US$ 9,295.53 Million |
| Market Size by 2028 | US$ 18,048.66 Million |
| CAGR (2021 - 2028) | 9.9% |
| Historical Data | 2019-2020 |
| Forecast period | 2022-2028 |
| Segments Covered |
By Product Type
|
|
Regions and Countries Covered
|
|
| South and Central America | Brazil, Argentina, Rest of South and Central America |
| Market leaders and key company profiles |
|
The South America Skin Care Products Market is valued at US$ 9,295.53 Million in 2021, it is projected to reach US$ 18,048.66 Million by 2028.
As per our report South America Skin Care Products Market, the market size is valued at US$ 9,295.53 Million in 2021, projecting it to reach US$ 18,048.66 Million by 2028. This translates to a CAGR of approximately 9.9% during the forecast period.
The South America Skin Care Products Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the South America Skin Care Products Market report:
The South America Skin Care Products Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The South America Skin Care Products Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the South America Skin Care Products Market value chain can benefit from the information contained in a comprehensive market report.
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