Skincare Statistics By Brands, Revenue and Types

Joseph D'Souza
Written by
Joseph D'Souza

Updated · Mar 14, 2025

Rohan Jambhale
Edited by
Rohan Jambhale

Editor

Skincare Statistics By Brands, Revenue and Types

Introduction

Skincare Statistics: Skincare is a rapidly growing industry, and for good reason! There is a heightened interest in taking care of skin, and the market offers a wide range of products to address various concerns. The industry is seeing substantial growth in 2024, fueled by technological advancements, shifting consumer preferences, and the increasing demand for personalized and sustainable products.

Let’s explore some intriguing statistics to uncover the latest trends in the skincare world.

Editor’s Choice

  • The global Skincare segment’s revenue will be around USD 181.20 billion in 2024 and reach USD 210.71 billion by 2028.
  • The annual growth rate of the skincare market will grow at 3.08% CAGR from 2024 to 2028.
  • The United States of America is supposed to account for the highest revenue, which is estimated to be USD 24.35 billion by the end of 2024.
  • Skincare Statista 2024 further states that per capita revenue contributes around USD 24.09 to the worldwide market for Skincare.
  • In 2024, the global skincare industry captured 72% of revenue share on non-luxury and 28% on luxury skincare products.
  • In the first quarter of 2024, L’Oréal Professional had the highest market share, with 18%, resulting in USD 40.31 billion.
  • By the end of 2024, the online and offline revenue share will be 21.6% and 78.4%, respectively.
  • A report published by Statista states that Skincare is the dominant segment in the global beauty industry, securing a market share of 42%.
  • In 2024, the Asia Pacific’s skincare industry will make around USD 40 billion in revenue.
  • AI and personalized skincare solutions saw a 25% increase in adoption. Brands using AI-driven skin analysis tools experienced a 15% rise in consumer engagement​ 

General Skincare Statistics

  • Unsurprisingly, moisturizers (used by 93% of respondents in a survey), cleansers (85%), and sunscreens (83%) are the top three most used skincare products. These essentials form the foundation of a good skincare routine.
  • While cleansers and moisturizers reign supreme, many people incorporate additional products. Eye creams (65%), serums (57%), and exfoliators (55%) are popular choices. These target specific concerns like wrinkles, dark circles, and uneven skin tone.
  • The men’s skincare market is growing steadily, with an estimated market value of USD 18.92 billion by 2025, driven by increasing awareness and the availability of products specifically formulated for men’s skin​
  • Skincare is becoming a priority for everyone, regardless of gender. While women traditionally make up a larger portion of skincare users, the men’s skincare market is experiencing a surge, growing by a whopping 400% in the last five years.
  • Gen Z (aged 18-24) is leading the charge. A survey found that 41% of Gen Z shoppers prioritize spending on skincare products over other beauty categories.
  • Most people, almost 74%, have a dedicated skincare routine, with separate regimens for morning and night.

Skincare Revenue Statistics

skin-care-worldwide-revenue

(Reference: statista.com)

  • Global Skincare Statistics state that in 2023, the total revenue accounted for by the sector was USD 181.20 billion, estimated to be USD 186.67 billion by the end of 2024.
  • Furthermore, estimated revenue in the global skincare market in the coming years will be 2025 (USD 192.05 billion), 2026 (USD 198.49 billion), 2027 (USD 206.20 billion), and 2028 (USD 210.71 billion).

By Segments

  • According to the Skincare Statistics, in 2023, face products generated the highest revenue and growth rate, around USD 108.90 billion (8.4%), followed by body (USD 31.26 billion and 8.1%), natural skin care (USD 25.56 billion and 1.9%), sun protection (USD 10.83 billion and 10.7%), and baby and child (USD 4.65 billion and 8.4%).

Similarly, all product revenue and growth rates of the global skincare industry from 2024 to 2028 are derived in the table below:

By Average Revenue Per Capita

-skin-care-worldwide-average-revenue-per-capita

(Reference: statista.com)

  • As per Skincare Statistics, in 2023, the average revenue per Capita of Bay and Child skincare products was USD 0.60, followed by body (USD 4.07), face (USD 14.18), natural skin care (USD 3.33), and sun protection (USD 1.41).

The average revenue per Capita by different products in coming years is described in the table below:

Year

Baby and Child (USD) Body (USD) Face (USD) Natural Skin Care (USD)

Sun Protection (USD)

2024

0.62 4.15 14.55 3.27 1.49
2025 0.65 4.25 14.94 3.22

1.53

2026

0.67 4.37 15.41 3.16 1.58
2027 0.70 4.52 15.99 3.11

1.66

2028

0.71 4.58 16.29 3.07

1.69

Revenue Statistics By Types of Skincare

-skin-care-worldwide-luxury-revenue-share

(Reference: statista.com)

  • Skincare Statistics further state that the global skincare industry captured 72% of revenue share on non-luxury and 28% on luxury skincare products in 2023.
  • Whereas, in 2024 and 2025, the expected revenue share in luxury and non-luxury skincare products will be (28% and 72%), and (29% and 71%), respectively.

Revenue Share Statistics By Sales Channel

sales-channel-online-revenue-share.

(Reference: statista.com)

  • In 2023, the skincare industry’s offline revenue sales remained highest, with an 80.1% share, and online sales had a 19.9% share.
  • The online and offline revenue share is estimated to be 21.6% and 78.4%, respectively, by the end of 2024.
  • In coming years, the sales share of the skincare industry online and offline will be followed in 2025 (23.6% and 76.5%), 2026 (24% and 76%), and 2027 (24.5% and 75.5%), respectively.

Skincare Statistics also show that skincare revenue share by mobile and desktop split share are:

Year

Mobile

Desktop

2023

60% 40%
2024 62.1%

37.9%

2025

64.1% 35.9%
2026 66%

34%

2027

67.7%

32.3%

Skincare Revenue Comparison By Country

  • As per Skincare Statistics 2024, the United States of America is supposed to account for the highest revenue, which is expected to be USD 24.35 billion.
  • Meanwhile, other top revenue-earning countries in the global skincare industry in 2024 will be Japan (USD 22.31 billion), China (USD 21.67 billion), India (USD 9.88 billion), and South Korea (USD 9.06 billion).

In 2024, other countries’ revenue are elaborated below:

Country Revenue (USD)

Albania

77.97 million
Australia

1,949 million

Austria

640.80 million
Belarus

183.40 million

Belgium

828.40 million
Bhutan

17 million

Bolivia

264.40 million
Brazil

3.05 billion

Canada

2,132 million
China

21.67 billion

Cuba

382.80 million
Denmark

465 million

Egypt

1,999 million
Estonia

50.26 million

Finland

449.70 million
France

5.11 billion

Germany

5.72 billion
Greece

353.80 million

Hong Kong

613.10 million
Hungary

272.80 million

Iceland

37.64 million
India

9.88 billion

Indonesia

2.76 billion
Ireland

255.70 million

Israel

698.10 million
Italy

3.19 billion

Kuwait

190.30 million
Laos

122.60 million

Lebanon

91.93 million
Lithuania

100.10 million

Malaysia

888.20 million
Mexico

2,158 million

Myanmar

918.70 million
Nepal

527.60 million

Netherlands

840.80 million
New Zealand

341.60 million

Norway

464.50 million
Philippines

1,820 million

Poland

1550 million
Russia

5.75 billion

Saudi Arabia

1,824 million
Singapore

333 million

South Africa

774.20 million
South Korea

9.06 billion

Spain

2.79 billion
Sweden

707 million

Switzerland

613.50 million
Taiwan

1.80 billion

Thailand

1,084 million
Turkey

1,714 million

United Kingdom

4.46 billion
Vietnam

789.30 million

Zimbabwe

173.80 million

Brand Share of the Skincare Industry

-key-players-brand-share.

(Reference: statista.com)

  • In the FY 2022, the top skincare brands share were CeraVe (6%), La Roche-Posay (4%), Private Label (4%), Garnier (3%), and Dermafique (2%).
  • Furthermore, other skincare brand shares are by Dove (2%), L’Oreal Paris (2%), Nivea (2%), NYX Professional Makeup (2%), and Skincare (2%).
  • On the other hand, other brands’ shares have collectively made around 71% of the share.
  • Skincare Statistics also states that in Q1 2024, L’Oréal Professional had the highest market share, with 18%.
  • Additionally, other top skincare players’ market share are Unilever PLC (15%), Procter & Gamble (13%), Estée Lauder Companies Inc. (12%), and Beiersdorf AG (9%).

Revenue amounted by the top 10 cosmetics skincare brands in the first quarter of 2024are described below:

Company Revenue (USD billion)

L’Oréal

40.31
Unilever

25.11

Estée Lauder Companies

16.4
Procter & Gamble (P&G)

14.4

Shiseido

8.19
LVMH

8.13

Beiersdorf

7.24
Chanel LTD

7.05

Natura & Co

7.05
Coty Inc

5.3

(Source: makeupbrands.org)

The Top 10 Factors Driving Skincare Purchases

top-10-factors-driving-skincare-purchases

(Reference: media.market.us)

  • As per Skincare Statistics, the main factor that drove skincare purchases was 46.36%, followed by sales promotion (39.21%) and skin sensation (30.72%).
  • Furthermore, other factors driving skincare purchases in 2023 were aspiration (14.56%), purchase channel (10.61%), cost-effectiveness (9.78%), gift for others (5.84%), recommendations of friends (5.14%), idol (4.68%), and product appearance (4.12%),

Region Share of the Skincare Market

(Source: scottmax.com)

  • As per Skincare Statistics 2024, the North Asian region will secure a substantial 35%, resulting in USD 40 billion, and the global share accounted for 65%.

Other region’s revenue in the Q1 of 2024 are described below:

Region Revenue (USD billion)

North America

35
Europe

30

Latin America

5
Middle East & Africa

5

Skincare Statistics By Gender Usage Share, 2024

  • The global skincare market will reach $145 billion in 2024, driven by increasing demand across various gender identities.
Gender Market Share Annual Growth Rate Key Product Purchase Categories Share Average Annual Spending per Person

Women

60% 7% Moisturizers (35%), Serums (25%), and

Anti-aging creams (20%)

USD 250
Men 25% 8% Beard care products (30%), Acne treatments (20%), and Moisturizers (15%)

USD 150

Non-Binary/Other Identities

15% 10% Gender-neutral Skincare (40%), Specialized treatments (25%), and  Natural and organic products (20%)

USD 200

Skincare Gender Preferences By Reasons

Reasons Female Male Non-binary Trans Female Trans Male Agender Prefer not to answer

While shopping for beauty and skincare products online, many people are more likely to buy brands/products they have used before.

62% 48% 38% 50% 33% 67% 27%
Spend more time researching before buying online skincare products than in-store shopping. 60% 44% 38% 42% 67%

36%

They are likely to use more beauty and skincare products when working in an office than remote workers.

57% 44% 50% 25% 17% 33% 18%
Usually, use makeup if I know I am going on video calls. 50% 28% 19% 25% 33%

18%

Purchasing more beauty and skincare products online in the past six months.

48% 39% 38% 50% 67% 36%
Apply eye makeup when people are going to wear a mask that covers the rest of the face. 37% 27% 25% 50% 17% 33%

18%

Bought more beauty and skincare products over the last six months.

37% 32% 38% 75% 33% 33% 18%
Spend more time on your skincare routine when wearing a mask. 36% 31% 19% 25% 42% 33%

9%

Styling hair when going to wear a mask that covers the whole face.

33% 36% 25% 50% 25% 33%

9%

Skincare Consumer Behavior and Preferences

  • Skincare Statistics show that around 54% of consumers seek skincare products with clean and transparent ingredient lists.
  • Creams and lotions are preferred by 56% of consumers globally in the year 2024.
  • Facial oils have gained popularity, with 45% of skincare users incorporating them into their routines.
  • 39% are interested in using technology to monitor skin health, and 52% are interested in personalized skincare solutions.
  • On the other hand, 54% prefer products with sustainable packaging, and 63% prefer products not tested on animals.​
  • 38% of people in the U.S. use cleansers regularly.
  • Moisturizers are the most popular type of skincare product, used by 78% of skincare consumers​
  • The global anti-aging skincare market will grow by 7.8% annually, reaching a market size of USD 83.2 billion by 2027.
  • Around 42% of consumers prefer skincare products that are free from parabens, sulfates, and phthalates.
  • Products containing natural and organic ingredients are increasingly popular, with 35% of consumers seeking formulations that include plant-based ingredients like aloe vera, chamomile, and green tea.

Skincare Statistics by Product Categories in the Q1, 2024

Products Market Share Popular Products

Creams and Lotions

35%

Moisturizers, anti-aging creams, and sunblock creams

Serums and Essences

20%

Vitamin C serums, hyaluronic acid serums, and retinol serums

Facial Oils

15%

Argan oil, jojoba oil, and rosehip oil

Cleansers

12%

Foam cleansers, gel cleansers, and micellar water

Masks

10%

Sheet masks, clay masks, and overnight masks

Sheet masks, clay masks, and overnight masks

8%

Toners, exfoliating scrubs, and eye creams

Skincare Product Launches, 2024

BYOMA Liptide pH Lip Oil:

  • Price: $11.99 at Ulta
  • Features: Skin-adaptive technology, collagen-enhancing peptides, nourishing oils​

Olay Super Serum:

  • Price: $29.94 at Amazon US
  • Notable Achievements: Over 1,000 five-star reviews, one sold every minute in the US.
  • Ingredients: Niacinamide, vitamin C, collagen peptide, vitamin E, lactic acid​

Caudalie Vinoperfect Brightening Micropeel:

  • Price: $38 at Sephora US
  • Consumer Feedback: 81% of clinical study participants noticed effects after 30 seconds of use
  • Active Ingredients: AHAs from mandelic acid and organic grape water​

Benefit The POREfessional: Shrink Wrap:

  • Price: $46 at Benefit Cosmetics
  • Function: Overnight AHA + PHA pore treatment for improved skin texture and complexion​
  • Price: $35
  • Benefits: Lightweight, subtle shimmer, no white cast.

Remedy Skin REMEDY for Dark Spots:

  • Price: $38
  • Focus: Dermatologist-approved treatment for dark spots, enlarged pores, and dry lips.

Raw Sugar Living Simply Deo:

  • Price: $12
  • Ingredients: Magnesium, arrowroot powder, coconut oil, zinc.

Guerlain Météorites Light Revealing Pearls of Powder:

  • Price: $72
  • Features: Updated mosaic box, color-correcting properties.

Shiseido Ultimate Sun Protector Lotion SPF 60+:

  • Price: $25
  • Attributes: UV and blue light protection, water, and sweat resistance for 80 minutes.

111Skin Wrinkle-Erasing Retinol Patches:

  • Price: $190 at Shopbop
  • Use: Retinol patches are designed for the under the eyes, nasolabial folds, and forehead​

Conclusion

In summary, the skincare industry in 2025 is poised for sustained growth, characterized by a focus on innovation, sustainability, and personalization. These trends not only meet the current market demands but also set the stage for future advancements, ensuring the industry remains vibrant and responsive to global consumer needs.

Joseph D'Souza
Joseph D'Souza

Joseph D'Souza started Coolest Gadgets in 2005 to share his love for tech gadgets. It has since become a popular tech blog, famous for detailed gadget's reviews and companies statistics. Joseph is committed to providing clear, well-researched content, making tech easy to understand for everyone. Coolest Gadgets is a trusted source for tech news, loved by both tech fans and beginners.

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