Global Skin Lightening Products Market

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Global Skin Lightening Products Market was valued at US$ 4.27 Bn in 2019 and is expected to reach US$ 6.52 Bn by 2026, at a CAGR of 6.23 % during a forecast period.

The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Since, the lock down was implemented differently in various regions and countries; the impact of same is also seen differently by regions and segments. The report has covered the current short term and long term impact on the market, same will help the decision makers to prepare the outline for short term and long term strategies for companies by region.

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Skin lightening products use synthetic or natural ingredients for whitening skin tone or to reduce the amount of melanin in the skin to leave a uniform skin complexion. Major driving factors of the market are rising beauty consciousness, increasing demand of the skin lightening products for radiant and flawless skin, and also an increased spending on the skincare products. Consumer lifestyle is changing due to rising disposable income and innovation of new and advanced products.

On the other hand, rising e-commerce industry in the beauty and personal care segment is also stimulating the growth of skin lightening products' market. Growing penetration of social media such as Facebook, Instagram, Twitter, and other fashion blogs plays an immense role in spreading awareness regarding the skin care and lighting, which in turn boosting the growth of the global skin lightening products' market.

Natural or organic products are expected to hold the largest share of the market during the forecast period as rising consumer preference to the natural or organic products. And this is due to its harsh chemical free compounds. Synthetic segment is foreseen to grow at steady rate, as synthetic skin products contain powerful and allergic chemicals which is not suitable for some skin types. It also has some prolong side effects.

Lotions and creams hold 80 % share of the market in forecast period. Lotions and creams offer easy application. In addition, contain higher water percentage and, to put it simply, are droplets of oil mixed in water. Lotions tend to be light-weight, non-greasy, and are more easily absorbed into the skin. They are excellent for normal to slightly dry skin.

Online segment is estimated to hold the largest share of the market. Increasing penetration of mobile phones is a major factor driving the online segment's growth. The online retailers provide more discounts and wider options to purchase. The online platform have become so popular owing to its doorstep delivery of products. Online channel also provides an easy access to market.

The Asia Pacific region is expected to hold the largest share of the market during the forecast period led by the growth in consumer’s disposable income, rising preference for safer and less invasive choices to cosmetic surgeries, and increasing beauty awareness in the region. India and China are expected to boost the market as spending on skin care products is increased in these countries. Data suggests that the Chinese women are more conscious about their beauty and this is due to that their skin is attentive to many skin-related issues. Many female consumers are dropping until 40% of their annual salary on high-end skincare products.

Key player’s studies, analyzed, profiled and benchmarked in skin lightening products market are L'Oréal S.A., Beiersdorf AG, Unilever PLC, Procter & Gamble Company, Shiseido Company, Avon Products Inc., Lotus Herbals Private Limited, Clarins Group, Unilever, Kaya Ltd., Eveline Cosmetics, Bio Veda Action Research, Beiersdorf, Bio Veda Action Research, Procter and Gamble, Himalaya Global Holdings, Emami, Shiseido, VLCC Health Care, Clarins, Kanebo Cosmetics, CavinKare, Dabur India Ltd., Rozge Cosmeceutical, RichFeel, Civant LLC, and Kanebo Cosmetics Inc.

The objective of the report is to present a comprehensive assessment of the market and contain thoughtful insights, facts, historical data, industry-validated market data and projections with a suitable set of assumptions and methodologies. The report also helps in understanding skin lightening products' market dynamics, its structure by identifying and analyzing the market segments and project the market size. Further, the report also focuses on a competitive analysis of key players by product, price, financial position, purity portfolio, growth strategies, and regional presence. The report also provides PEST analysis, PORTER's analysis, SWOT analysis to address questions of shareholders to prioritizing the efforts and investment in the near future to the emerging segment in skin lightening products' market.

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Scope of the Global Skin Lightening Products Market: Inquire before buying

Global Skin Lightening Products Market, by Product Type

• Lotions & Creams
• Serums & Toners
• Scrubs
• Gels
• Foams
• Others
Global Skin Lightening Products Market, by Nature

• Organic
• Herbal/Natural
• Synthetic
Global Skin Lightening Products Market, by End User

• Men
• Women
Global Skin Lightening Products Market, by Distribution Channel

• Online
• Offline
Global Skin Lightening Products Market, by Region

• North America
• Europe
• Asia Pacific
• Middle East & Africa
• South America
Key Players in Global Skin Lightening Products Market

• L'Oréal SA
• Beiersdorf AG
• Unilever PLC
• Procter & Gamble Company
• Shiseido Company
• Avon Products Inc
• Lotus Herbals Private Limited
• Clarins Group
• Unilever PLC
• Kaya Ltd
• Eveline Cosmetics
• Bio Veda Action Research
• Beiersdorf
• Procter and Gamble
• Himalaya Global Holdings
• Emami
• Shiseido
• VLCC Health Care
• Clarins
• Dabur India Ltd
• Rozge Cosmeceutical
• Civant LLC
• Kanebo Cosmetics Inc

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