Global Skin Care Stores Market Report 2023: Market Size, Top Segments And Key Trends

The Skin Care Stores Global Market Report 2023, provides comprehensive information on the skin care stores market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.

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The global skin care stores market size is expected to grow from $53.61 billion in 2022 to $60.15 billion in 2023 at a compound annual growth rate (CAGR) of 12.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global skin care stores market size is expected to reach $89.55 billion in 2027 at a CAGR of 10.5%.

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Technological advancement is a key trend gaining popularity in the skin care store market. Major market players are concentrating their efforts on creating innovative technologies to strengthen their position in the market. For instance, in January 2020, a US- based company Loreal launched a new 3-in-1 device, “Perso”, which will use AI to analyze the user’s skin pattern and dispense the customized amount of lotion, serum and cream. This unique system allows users to learn their skin conditions by taking a picture of the skin with a smartphone camera.

The skin care stores market is segmented:

1) By Product Type: Facial Care, Lip Care, Body Care
2) By Packaging Type: Tubes, Jars, Bottles
3) By Category: Premium Skin Care Products, Mass Skin Care Products
4) By Gender: Female, Male
5) By Distribution Channels: Supermarkets and hypermarkets, Convenience stores, Pharmacy, Online Stores

Asia-Pacific was the largest region in the skin care stores market in 2022.

The table of contents in TBRC’s skin care stores market report includes:

1. Executive Summary
2. Market Characteristics
3. Market Trends And Strategies
4. Impact Of COVID-19
5. Market Size And Growth
6. Segmentation
7. Regional And Country Analysis

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27. Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis

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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.

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