Women Segment to Dominate APAC Skin Care Products Market During 2021–2028  

According to a new market research study on “APAC 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$ 92,269.77 million by 2028 from US$ 45,585.73 million in 2021. The market is estimated to grow at a CAGR of 10.6% from 2021 to 2028. The report provides trends prevailing in the APAC skin care products market along with the drivers and restraints pertaining to the market growth. Ascending demand for men’s skin care products and growing trend of the skin care routine are the major factor driving the growth of the APAC skin care products market. However, concerns around PFAS chemicals found in skin care products hinder the growth of APAC skin care products market.    

The APAC skin care products market is segmented based on product type, category, end user, distribution channel, and country. Based on product type, the APAC 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 APAC 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 APAC 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 APAC 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 APAC skin care products market is segmented into China, India, Japan, South Korea, Australia, and rest of APAC

Avon Products; Beiersdorf; Himalaya Wellness Company; Johnson & Johnson Services, Inc; L’Oréal Groupe; Lotus Herbals; Procter & Gamble; Shiseido Co.,Ltd.; Unilever; and VLCC Wellness are among the leading companies in the APAC 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 Unilever closes acquisition of Paula’s Choice. 

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