Opportunities in the Asia-Pacific Skincare Sector

The Asia-Pacific skincare market was valued at $76.82 billion in 2021. The market is expected to grow at a CAGR of more than 4% during the forecast period. The Asia-Pacific skincare market research report brings together multiple data sources to provide a comprehensive overview of the Asia-Pacific skincare sector. It includes market overview, high growth country analysis, top companies, key distribution channels, packaging formats and case studies.

Asia-Pacific Skincare Market Outlook

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Which are the key countries in the Asia-Pacific skincare market?

The key countries in the Asia-Pacific skincare market are South Korea, Vietnam, Indonesia and the Philippines. Among the high-potential countries, South Korea was the largest skincare market in value terms in 2021.

Which are the key categories in the Asia-Pacific skincare market?

The key categories in the Asia-Pacific skincare market are body care, depilatories, facial care, hand care, make-up remover. Out of the five categories, facial care led the Asia-Pacific skincare sector in 2021 with the highest per capita consumption.

Asia-Pacific skincare market, by categories

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Which are the key distribution channels in the Asia-Pacific skincare market?

The key distribution channels in the Asia-Pacific skincare market are e-retailers, hypermarkets & supermarkets, health & beauty stores, department stores, pharmacies/drug stores, and others. In 2021, e-retailers was the leading distribution channel in the Asia-Pacific skincare sector.

Asia-Pacific skincare market, by distribution channel

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Which are the key pack materials in the Asia-Pacific skincare market?

The key pack materials in the Asia-Pacific skincare market are rigid plastics, flexible packaging, glass, paper & board, and rigid metal. Rigid plastics accounted for the highest share of pack materials used in the Asia-Pacific skincare sector in 2021.

Asia-Pacific skincare market, by pack material

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Which are the key competitors in the Asia-Pacific skincare market?

The key competitors in the Asia-Pacific skincare market are L’Oréal S.A., Shiseido Company, Limited, Amorepacific Corporation, Procter & Gamble, and Unilever. L’Oréal S.A. led the Asia-Pacific skincare sector in 2021.

Asia-Pacific skincare market, by competitor

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Market report overview

Scope

This report brings together multiple data sources to provide a comprehensive overview of the Asia-Pacific skincare sector, analyzing data from 26 countries in the region. It includes analysis on the following –

• Market environment: Includes sector size, market size, and growth analysis by category.
• High-potential countries’ analysis: Indicates changing share of value consumption in the various skincare categories across high-potential countries in the Asia-Pacific region. It also provides
  Risk-Reward analysis of four countries across the Asia-Pacific region based on market assessment, economic development, socio-demographic trends, governance indicators, and technological infrastructure.
• Country deep dive: Provides the overview and key trends across high-potential countries.
• Success stories: Provides some of the most compelling skincare manufacturers, brands, products, and marketing campaigns in the Asia-Pacific region. It also provides a better understanding of how certain manufacturers achieved success in the sector, and insights.
• Competitive environment: Provides an overview of leading companies in the Asia-Pacific region, besides analyzing the growth of private label in the region.
• Distribution analysis: Provides analysis on the leading distribution channels in the Asia-Pacific skincare sector in 2021. It covers e-retailers, department stores, hypermarkets & supermarkets, health & beauty stores, direct sellers, and others, which includes parapharmacies/drug stores, convenience stores, chemists/pharmacies, “dollar stores”, variety stores & general merchandise retailers, cash & carries & warehouse clubs, and other retailers.
• Packaging analysis*: The report provides percentage share (in 2021) and growth analysis (during 2021-2026) for various pack materials, pack types, closure types, and primary outer types based on the volume sales (by pack units) of skincare.
• Challenges and future outlook: Provides the challenges and future outlook pertaining to the Asia-Pacific skincare sector.

Reasons to Buy

• Manufacturing and retailers seek latest information on how the market is evolving to formulate their sales and marketing strategies. There is also demand for authentic market data with a high level of detail. This report has been created to provide its readers with up-to-date information and analysis to uncover emerging opportunities of growth within the sector in the region.
• The report provides a detailed analysis of the countries in the region, covering the key challenges, competitive landscape and demographic analysis, that can help companies gain insight into the country specific nuances.
• The analysts have also placed a significant emphasis on the key trends that drive consumer choice and the future opportunities that can be explored in the region, that can help companies in revenue expansion.
• To gain competitive intelligence about leading brands in the sector in the region with information about their market share and growth rates.