In recent years, the organized retail sector has undergone a massive transformation. The emergence of e-commerce has resulted in considerable changes in the way people shop and spend their money. A rise in penetration of smartphones and the internet, easy access to emerging technologies, a surge in purchasing power, and convenience provided by online retail shopping platforms from anywhere at any time are a few of the major factors bolstering the growth of e-commerce. People are increasingly preferring online retail platforms for purchasing personal care products such as moisturizers, skin toners, cleansers, cosmetics, etc. Consumers across the region are becoming confident about purchasing these products online, moving from the traditional try-and-buy purchasing model to a buy-and-try model. Moreover, online sales of personal care products grew significantly during the COVID-19 pandemic due to the shutdown of brick-and-mortar stores and the government's imposition of social restrictions. As lockdowns constrained people's movement and they were compelled to work from their homes, there was a substantial shift to online shopping. In addition, heavy discounts, wide availability of different brands in one place, and home delivery options are other notable factors driving consumers' focus toward online shopping. Additionally, with the increasing penetration of online shopping, manufacturers are selling products directly-to-customer (D-to-C) by launching their own online retail sites, eliminating the need to invest in expensive marketing and distribution infrastructure. Thus, the consumers’ increasing dependency on e-commerce services and the adoption of the D-to-C strategy by manufacturers through their own e-commerce platforms are a few factors expected to open lucrative opportunities for the Asia Pacific skin toners market growth in the coming years.
The Asia Pacific skin toners market is segmented into China, India, Australia, Japan, South Korea, and the Rest of Asia Pacific. Consumers from emerging countries in the region are becoming more aware of skincare due to exposure to social media, especially a growing population aged 13–45 years in countries, such as China, India, and Bangladesh. This is expected to fuel the market over the next few years. Moreover, natural ingredients, multiple-step skincare routines, and obsession with glass skin are a few trends in the K-beauty (Korean beauty) industry. Consumers across the region are adopting these trends, which is increasing the demand for skin toners. The development of Artificial intelligence (AI), IoT-based devices that offer personalized skin nourishment solutions to the individual, and other technological advancements in the beauty & personal care industry are expected to boost the demand for skin care products such as skin toner in the coming years. The Asia Pacific skin toners market growth is attributed to the increasing demand for natural ingredients and the growing influence of “clean label products” among the population in the region. Thus, manufacturers are launching natural and organic skin toners to cater to the increasing demand among consumers in the region. For instance, in August 2019, The Beauty Co. launched skin toners in the variants of aloe vera, rose, tea tree, and cucumber toners in India. Such innovative product launches are expected to open new lucrative opportunities for the Asia Pacific skin toners market growth during the forecast period.
Strategic insights for the Asia Pacific Skin Toners provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market. The geographic scope of the Asia Pacific Skin Toners refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.Asia Pacific Skin Toners Strategic Insights
Asia Pacific Skin Toners Report Scope
Report Attribute
Details
Market size in 2022
US$ 568.82 Million
Market Size by 2028
US$ 798.05 Million
Global CAGR (2022 - 2028)
5.8%
Historical Data
2020-2021
Forecast period
2023-2028
Segments Covered
By Flavor
By Category
By Distribution Channel
Regions and Countries Covered
Asia-Pacific
Market leaders and key company profiles
Asia Pacific Skin Toners Regional Insights
The Asia Pacific skin toners market is segmented into type, category, distribution channel, and country.
Based on type, the Asia Pacific skin toners market is segmented into hydrating toners, exfoliating toners, and treatment toners. The treatment toners segment held the largest share of the Asia Pacific skin toners market in 2022.
Based on category, the Asia Pacific skin toners market is segmented into organic and conventional. The conventional segment held a larger share of the Asia Pacific skin toners market in 2022.
Based on distribution channel, the Asia Pacific skin toners market is segmented into supermarkets and hypermarkets, drugstores and pharmacies, health and beauty stores, online retail, and others. The supermarkets and hypermarkets segment held the largest share of the Asia Pacific skin toners market in 2022.
Based on country, the Asia Pacific skin toners market is segmented into China, India, Australia, Japan, South Korea, and the Rest of Asia Pacific. The Rest of Asia Pacific dominated the share of the Asia Pacific skin toners market in 2022.
Burt's Bees Inc; Johnson & Johnson Consumer Inc; L'Oreal SA; Shiseido Co Ltd; The Bodyshop International Ltd; and The Procter & Gamble Co are the leading companies operating in the Asia Pacific skin toners market.
The Asia Pacific Skin Toners Market is valued at US$ 568.82 Million in 2022, it is projected to reach US$ 798.05 Million by 2028.
As per our report Asia Pacific Skin Toners Market, the market size is valued at US$ 568.82 Million in 2022, projecting it to reach US$ 798.05 Million by 2028. This translates to a CAGR of approximately 5.8% during the forecast period.
The Asia Pacific Skin Toners 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 Asia Pacific Skin Toners Market report:
The Asia Pacific Skin Toners Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Asia Pacific Skin Toners Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Asia Pacific Skin Toners Market value chain can benefit from the information contained in a comprehensive market report.