Asia Pacific Skin Lightening Products Market Size & Outlook
Asia Pacific Skin Lightening Products Market, 2018-2030 (US$M)
Global Market
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Asia Pacific skin lightening products market highlights
- The Asia Pacific skin lightening products market generated a revenue of USD 6,185.0 million in 2023.
- The market is expected to grow at a CAGR of 5.7% from 2024 to 2030.
- In terms of segment, creams was the largest revenue generating product in 2023.
- Cleanser is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Japan is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 6,185.0 million |
| Market revenue in 2030 | USD 9,111.0 million |
| Growth rate | 5.7% (CAGR from 2023 to 2030) |
| Largest segment | Creams |
| Fastest growing segment | Cleanser |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Creams, Cleanser, Face Mask |
| Key market players worldwide | L'Oreal SA, Beiersdorf AG, Shiseido Co Ltd, Procter & Gamble Co, Unilever PLC, Kao Corp, Avon Products, Himalaya Global, Lotus Herbals, VLCC Healthcare |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 55.2% of the global skin lightening products market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 9,111.0 million by 2030.
The increasing demand for skin lightening products in the emerging markets of China and India can be attributed to a growth in the number of new product launches and rising focus on personal appearance. This is likely to influence the Asia Pacific skin lightening products market.
In addition, the expansion of the chemical industry in India and China, both of which are backed by regulatory support, is expected to ensure continuous raw material access to skin lightening product manufacturers. This is likely to be a positive factor for manufacturers of skin lightening products in Asia Pacific.
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Skin Lightening Products Market Scope
Skin Lightening Products Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Procter & Gamble Co | View profile | 107,000 | One Procter and Gamble Plaza, Cincinnati, OH, United States, 45202 | www.pginvestor.com |
| Unilever PLC | View profile | 128,377 | 100 Victoria Embankment, London, United Kingdom, EC4Y 0DY | www.unilever.com |
| Beiersdorf AG | View profile | 21,958 | Unnastrasse 48, Hamburg, Germany, 22529 | www.beiersdorf.com |
| Shiseido Co Ltd | View profile | 35,859 | 5-5 Ginza 7-chome, Chuo-ku, Tokyo, Japan, 104-0061 | www.shiseido.co.jp |
| L'Oreal SA | View profile | 94,605 | 41, Rue Martre, Clichy Cedex, Paris, France, 92117 | www.loreal.com |
| Lotus Herbals | View profile | 1001-5000 | Solan, Himachal Pradesh, India, Asia | www.lotusherbals.com |
| Kao Corp | View profile | 42,450 | 14-10, Nihonbashi Kayabacho 1-chome, Chuo-ku, Tokyo, Japan, 103-8210 | www.kao.com |
| Avon Products | View profile | 10001+ | London, England, United Kingdom, Europe | www.avon.co.in |
| Himalaya Global | View profile | - | Riga, Riga, Latvia, Europe | himalayaglobalholdings.com/ |
| VLCC Healthcare | View profile | 1001-5000 | Gurgaon, Haryana, India, Asia | www.vlccwellness.com |
Asia Pacific Skin Lightening Products Market Outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Skin Lightening Products Market Outlook will help companies and investors design strategic landscapes.
Creams was the largest segment with a revenue share of 52.37% in 2023.
Horizon Databook has segmented the Asia Pacific skin lightening products market based on creams, cleanser, face mask covering the revenue growth of each sub-segment from 2018 to 2030.
The increasing demand for skin lightening products in the emerging markets of China and India can be attributed to a growth in the number of new product launches and rising focus on personal appearance. This is likely to influence the Asia Pacific skin lightening products market.
In addition, the expansion of the chemical industry in India and China, both of which are backed by regulatory support, is expected to ensure continuous raw material access to skin lightening product manufacturers. This is likely to be a positive factor for manufacturers of skin lightening products in Asia Pacific.
- Asia Pacific Skin Lightening Products Market Product Outlook (Revenue, USD Million , 2018-2030)
- Creams
- Cleanser
- Face Mask
- Others
- Asia Pacific Skin Lightening Products Market Nature Outlook (Revenue, USD Million , 2018-2030)
- Synthetic
- Natural
- Organic
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Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific Skin Lightening Products Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific Skin Lightening Products Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Asia Pacific Skin Lightening Products Market, 2018-2030 (US$M)
Asia Pacific skin lightening products market statistics, by product, 2018-2030 (US$M)
