G8 Countries Skincare Market Summary, Competitive Analysis and Forecast to 2026
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G8 Countries Skincare Market Report Overview
The G8 countries skincare market size was valued at $56.46 billion in 2021 and is expected to grow at a CAGR of more than 2% between 2021-2026. The Group of Eight (G8) comprises eight of the fastest-growing industrial nations in the world: the US, Canada, Germany, France, the UK, Italy, Russia, and Japan.
G8 Countries Skincare Market Outlook, 2021-2026 ($ Billion)
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The G8 countries skincare market research report will save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the G8 skincare market. The Five Forces analysis to determine the competitive intensity and therefore attractiveness of the G8 skincare market will assist in making business strategies.
Market Size (2021) | $56.46 billion |
CAGR (2021-2026) | >2% |
Historical Period | 2017-2021 |
Forecast Period | 2022-2026 |
Key Countries | · Canada
· France · Germany · Italy · Japan · Russia · UK · US |
Key Segments | · Facial Care
· Body Care · Hand Care · Make-Up Remover · Depilatories |
Key Distribution Channels | · eRetailers
· Parapharmacies/Drugstores · Health & Beauty Stores · Department Stores · Other |
Leading Players | · L’Oreal S.A
· The Estee Lauder Companies Inc · Johnson & Johnson Services Inc · Unilever · Natura & Co Holding SA · POLA Orbis Holdings Inc |
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G8 Skincare Market Segmentation by Countries
The key countries in the G8 countries skincare market are the US, Canada, France, Germany, Italy, Japan, Russia, and the UK. The US holds the major share of the skincare industry accounting for more than 31% in 2021, followed by Japan and Germany.
The changing consumer preferences for natural products are encouraging consumers to opt for plant-based extracts as ingredients for their products. Furthermore, the increasing demand for a variety of skincare solutions is expected to fuel the market growth.
G8 Skincare Market Analysis by Countries, 2021 (%)
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G8 Countries Skincare Market Segments
The G8 countries skincare market primarily consists of facial care, body care, hand care, make-up remover, and depilatories. Facial care led the US skincare market in 2021.
US Skincare Market Analysis by Segments, 2021 (%)
For more insights into the G8 countries skincare market segments, download a free report sample
G8 Countries Skincare Market Segmentation by Distribution Channel
The key distribution channels in the G8 countries skincare market are e-retailers, parapharmacies/drugstores, health & beauty stores, department stores, and others. eRetailers were the leading distribution channel in the United States skincare market in 2021.
US Skincare Market Analysis by Distribution Channel, 2021 (%)
For more insights into the G8 Countries skincare market distribution channels, download a free report sample
G8 Countries Skincare Market _ Competitive Landscape
The key players in the G8 countries skincare market are L’Oreal S.A., The Estee Lauder Companies Inc., Johnson & Johnson Services Inc, Unilever, Natura & Co Holding SA, POLA Orbis Holdings Inc, and others.
L’Oreal S.A.: L’Oreal SA (L’Oreal) is a personal care company that manufactures and markets make-up products, perfumes, hair care, sun care, skincare, and coloring products. L’Oreal markets products under various brands including Lancome Giorgio Armani, Yves Saint Laurent, Biotherm, Kiehl’s, Ralph Lauren, Shu Uemura, Cacharel, Helena Rubinstein, Clarisonic, Diesel, Viktor&Rolf, Yue Sai, Essie, Maybelline New York, Redken, Kerastase, and Matrix. The company merchandises products through a network of hair salons, mass-market retail, perfumeries, department stores, pharmacies, drugstores, medispas, branded retail, and travel retail.
For more insights into the G8 countries skincare market players, download a free report sample
Segments Covered in the Report
G8 Skincare Market Countries Outlook (Value, $ Billion, 2017-2026)
- Canada
- France
- Germany
- Italy
- Japan
- Russia
- UK
- US
G8 Skincare Market Segments Outlook (Value, $ Billion, 2017-2026)
- Facial Care
- Body Care
- Hand Care
- Make-Up Remover
- Depilatories
G8 Skincare Market Distribution Channel Outlook (Value, $ Billion, 2017-2026)
- eRetailers
- Parapharmacies/Drugstores
- Health & Beauty Stores
- Department Stores
- Other
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the G8 skincare market
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the G8 skincare market
- Leading company profiles reveal details of key skincare market players’ G8 operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the G8 skincare market with five-year forecasts by both value and volume
- Compares data from the US, Canada, Germany, France, UK, Italy, Russia, and Japan, alongside individual chapters on each country
Reasons to Buy
- What was the size of the G8 skincare market by value in 2021?
- What will be the size of the G8 skincare market in 2026?
- What factors are affecting the strength of competition in the G8 skincare market?
- How has the market performed over the last five years?
- Who are the top competitors in the G8 skincare market?
The Estee Lauder Companies Inc
Laboratoires Pierre Fabre SA
-fBeiersdorf AG
Clarins USA Inc
The Procter & Gamble Co
L'Oreal SA
Shiseido Company, Limited
Kao Corporation
KOSE Corp
POLA Orbis Holdings Inc
Natura & Co Holding SA
Unilever NV (Inactive)
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Frequently asked questions
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What was the G8 countries skincare market size in 2021?
The G8 countries skincare market size was valued at $56.46 billion in 2021.
-
What is growth rate of the G8 countries skincare market?
The G8 countries skincare market is expected to grow at a CAGR of more than 2% between 2021-2026.
-
Which country held the largest share of the G8 countries skincare market?
The US led the G8 skincare market in 2021. The changing consumer preferences for natural products is encouraging consumers to opt for plant-based extracts as ingredients for their products.
-
Who are the major players operating in the G8 countries skincare market?
The key players in the G8 countries skincare market are L’Oreal S.A., The Estee Lauder Companies Inc., Johnson & Johnson Services Inc, Unilever, Natura & Co Holding SA, POLA Orbis Holdings Inc, and others.
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