logo

USA Skin Care Market Outlook to 2028

Region:North America

Author(s):Yogita Sahu

Product Code:KROD3120

Download Sample Report
Published On

October 2024

Total pages

100

About the Report

USA Skin Care Market Overview

  • The USA Skin Care Market is valued at USD 22 billion, based on a five-year historical analysis. The market is primarily driven by increased consumer awareness regarding skin health, the growing demand for natural and organic products, and the rise of anti-aging treatments. Technological advancements in dermatology, including the development of personalized skincare solutions, have also contributed to the market's expansion.
  • The dominance of cities such as New York, Los Angeles, and Miami in the skincare market can be attributed to high-income levels, advanced retail infrastructure, and a strong presence of premium beauty brands. These cities are home to large populations of working professionals and celebrities who prioritize skincare as part of their lifestyle.
  • In an effort to reduce plastic waste, the U.S. Environmental Protection Agency (EPA) introduced a national initiative in 2023, pushing for eco-friendly packaging across various industries, including cosmetics. The initiative, supported by incentivizes companies to adopt sustainable packaging solutions. This move aligns with growing consumer demand for environmentally responsible products, pushing skin care companies to switch to biodegradable and recyclable packaging.

market overviews

USA Skin Care Market Segmentation

By Product Type: The market is segmented by product type into moisturizers, cleansers, serums and treatments, sunscreens, and face masks. Moisturizers hold a dominant market share due to their widespread daily use and consumer demand for hydration-focused products.

market overviews

By Skin Concern: The market is also segmented by skin concern into anti-aging, acne treatment, hyperpigmentation, sensitive skin solutions, and dry skin solutions. The anti-aging sub-segment has the largest market share, driven by an aging population that seeks to preserve youthful skin.

market overviews

USA Skin Care Market Competitive Landscape

The market is dominated by well-established brands with a strong heritage in the beauty and skincare industry. Many of these companies invest heavily in research and development, continuously introducing new products that cater to evolving consumer demands. They also focus on expanding their presence in online platforms and partnering with dermatologists to offer credibility and assurance to consumers.

Company

Established Year

Headquarters

Revenue (USD)

Number of Employees

R&D Expenditure

Sustainability Initiatives

Product Portfolio

Brand Value

Distribution Network

Este Lauder Companies Inc.

1946

New York, USA

             

Procter & Gamble Co.

1837

Cincinnati, USA

             

L'Oral USA

1909

New York, USA

             

Johnson & Johnson Services

1886

New Brunswick, USA

             

Unilever USA

1929

Englewood Cliffs, USA

             

USA Skin Care Market Analysis

Market Growth Drivers

  • Rising Demand for Anti-Aging Products: The demand for anti-aging skin care products is steadily increasing in the U.S. as the population ages. The U.S. Census Bureau estimated that by 2024, the number of Americans over 65 years old will exceed 55 million, leading to an increased focus on maintaining youthful skin. This demographic shift is driving growth in the anti-aging segment, particularly for products like wrinkle creams, serums, and moisturizers, as older consumers seek to maintain healthy, youthful appearances.
  • Increased Focus on Organic and Natural Products: The market is experiencing a growing preference for organic and natural products. As of 2024, Americans actively seek out skin care products that are free from harmful chemicals and synthetic ingredients. This shift is largely driven by growing consumer awareness regarding the adverse effects of synthetic chemicals, pushing companies to focus on producing products that are environmentally friendly and ethically sourced.
  • Growth in Male Grooming: The male grooming segment in the market has seen major growth over the past few years, driven by increasing societal acceptance and demand for male-specific skin care products. In 2023, the U.S. grooming industry for men has generated more than 40 billion of revenue, with skin care being one of the fastest-growing segments. This growth is expected to continue as more men become conscious of skin health and grooming.

Market Challenges

  • Supply Chain Disruptions: Supply chain challenges, particularly in sourcing raw materials for natural skin care products, have become a key restraint for the U.S. market. In 2023, disruptions caused by geopolitical tensions and pandemics led to a shortage of essential ingredients like shea butter and essential oils, affecting the timely production and delivery of skin care products. This challenge is compounded by the increasing demand for organic ingredients, which often rely on global suppliers.
  • Rising Competition from International Brands: International skin care brands, particularly from Asia and Europe, continue to gain popularity in the U.S., leading to increased competition for domestic companies. In 2023, U.S. imports of skin care products from South Korea and France, indicating a strong consumer preference for international products. This influx of global brands poses a challenge to local companies that struggle to compete on both product quality and price.

USA Skin Care Market Future Outlook

Over the next five years, the USA Skin Care industry is expected to experience robust growth driven by the increasing demand for clean, natural, and organic skincare products. Consumers are increasingly moving toward eco-friendly brands and packaging, which is reshaping the market dynamics.

Future Market Opportunities

  • Rise of Personalized Skincare Solutions: Over the next five years, U.S. skin care companies will increasingly focus on personalized skin care solutions, powered by advancements in artificial intelligence and genetic profiling. These technologies will allow consumers to receive bespoke product recommendations tailored to their skin type, lifestyle, and environmental factors. This trend will drive innovation and growth in the premium skin care segment.
  • Increased Use of Biotechnology in Formulations: Biotechnology is expected to play a major role in the future of skin care. Companies will increasingly utilize biotech-based ingredients like plant stem cells and bio-engineered peptides to create highly effective and sustainable products. These ingredients will offer superior efficacy compared to traditional chemical formulations, positioning biotech-based products as the next big trend in skin care.

Scope of the Report

By Product Type

Moisturizers

Cleansers

Serums and Treatments

Sunscreens

Face Masks

By Skin Concern

Anti-Aging

Acne Treatment

Hyperpigmentation

Sensitive Skin Solutions

Dry Skin Solutions

By Distribution Channel

Online Retail

Supermarkets and Hypermarkets

Specialty Stores

Pharmacies and Drugstores

Direct Sales

By Gender

Female

Male

By Region

North

East

West

South

Products

Key Target Audience Organizations and Entities Who Can Benefit by Subscribing This Report:

  • Skincare Product Manufacturers
  • Investments and Venture Capitalist Firms
  • Government and Regulatory Bodies (FDA, Environmental Protection Agency)
  • Dermatological Research Institutions
  • Mens Grooming Brands Companies
  • Private Label Skincare Companies
  • Natural and Organic Beauty Brands

Companies

Players Mentioned in the Report:

  • Este Lauder Companies Inc.
  • Procter & Gamble Co.
  • L'Oral USA
  • Johnson & Johnson Services, Inc.
  • Shiseido Americas Corporation
  • Unilever USA
  • Coty Inc.
  • Mary Kay Inc.
  • Beiersdorf USA Inc.
  • Revlon Inc.
  • Colgate-Palmolive Company
  • The Honest Company
  • Rodan & Fields LLC
  • La Prairie Group
  • Glossier, Inc.

Table of Contents

1. USA Skin Care Market Overview

1.1 Definition and Scope

1.2 Market Taxonomy

1.3 Market Growth Rate

1.4 Market Segmentation Overview

2. USA Skin Care Market Size (In USD Bn)

2.1 Historical Market Size

2.2 Year-on-Year Growth Analysis

2.3 Key Market Developments and Milestones

3. USA Skin Care Market Analysis

3.1 Growth Drivers

3.1.1 Rising Consumer Demand for Natural and Organic Products

3.1.2 Increased Disposable Income (Urban and Suburban)

3.1.3 Expansion of E-commerce in Skin Care

3.1.4 Technological Advancements in Dermatology

3.2 Market Challenges

3.2.1 High Competition from Local and International Brands

3.2.2 Regulatory Compliance for Ingredients (FDA Guidelines)

3.2.3 High Cost of Research and Development

3.3 Opportunities

3.3.1 Rising Consumer Awareness about Anti-Aging Solutions

3.3.2 Growth in Mens Grooming Segment

3.3.3 Demand for Sustainable and Eco-Friendly Packaging

3.4 Trends

3.4.1 Growth of Clean Beauty Movement

3.4.2 Increasing Focus on Skincare Personalization

3.4.3 Integration of Artificial Intelligence in Product Customization

3.5 Government Regulation

3.5.1 FDA Skin Care Ingredient Regulations

3.5.2 Restrictions on Microbeads and Other Pollutants

3.5.3 Labeling and Advertising Standards

3.6 SWOT Analysis

3.7 Stakeholder Ecosystem

3.8 Porters Five Forces Analysis

3.9 Competition Ecosystem

4. USA Skin Care Market Segmentation

4.1 By Product Type (In Value %)

4.1.1 Moisturizers

4.1.2 Cleansers

4.1.3 Serums and Treatments

4.1.4 Sunscreens

4.1.5 Face Masks

4.2 By Skin Concern (In Value %)

4.2.1 Anti-Aging

4.2.2 Acne Treatment

4.2.3 Hyperpigmentation

4.2.4 Sensitive Skin Solutions

4.2.5 Dry Skin Solutions

4.3 By Distribution Channel (In Value %)

4.3.1 Online Retail

4.3.2 Supermarkets and Hypermarkets

4.3.3 Specialty Stores

4.3.4 Pharmacies and Drugstores

4.3.5 Direct Sales

4.4 By Gender (In Value %)

4.4.1 Female

4.4.2 Male

4.5 By Region (In Value %)

4.5.1 North

4.5.2 East

4.5.3 South

4.5.4 West

5. USA Skin Care Market Competitive Analysis

5.1 Detailed Profiles of Major Companies

5.1.1 Este Lauder Companies Inc.

5.1.2 Procter & Gamble Co.

5.1.3 L'Oral USA

5.1.4 Johnson & Johnson Services, Inc.

5.1.5 Shiseido Americas Corporation

5.1.6 Unilever USA

5.1.7 Coty Inc.

5.1.8 Mary Kay Inc.

5.1.9 Beiersdorf USA Inc.

5.1.10 Revlon Inc.

5.1.11 Colgate-Palmolive Company

5.1.12 The Honest Company

5.1.13 Rodan & Fields LLC

5.1.14 La Prairie Group

5.1.15 Glossier, Inc.

5.2 Cross Comparison Parameters (Revenue, Market Share, Product Portfolio, R&D Spend, Brand Value, Number of Employees, Distribution Network, Sustainability Initiatives)

5.3 Market Share Analysis

5.4 Strategic Initiatives

5.5 Mergers and Acquisitions

5.6 Investment Analysis

5.7 Government Grants

5.8 Private Equity Investments

6. USA Skin Care Market Regulatory Framework

6.1 Environmental Standards for Product Ingredients

6.2 FDA Compliance for Skin Care Products

6.3 Labeling and Certification Processes

7. USA Skin Care Market Future Market Size (In USD Bn)

7.1 Future Market Size Projections

7.2 Key Factors Driving Future Market Growth

8. USA Skin Care Market Future Segmentation

8.1 By Product Type (In Value %)

8.2 By Skin Concern (In Value %)

8.3 By Distribution Channel (In Value %)

8.4 By Gender (In Value %)

8.5 By Region (In Value %)

9. USA Skin Care Market Analysts Recommendations

9.1 TAM/SAM/SOM Analysis

9.2 Customer Cohort Analysis

9.3 Marketing Initiatives

9.4 White Space Opportunity Analysis

Disclaimer

Contact Us

Research Methodology

 

Step 1: Identification of Key Variables


The research begins by mapping out the entire ecosystem of stakeholders in the USA Skin Care Market. Through extensive secondary research, using reputable databases and proprietary data, key factors affecting the market such as consumer behavior, brand preferences, and product formulations are identified.

Step 2: Market Analysis and Construction


In this step, historical data on skincare product sales and consumer demand is compiled. An in-depth analysis of skin concern-specific market segments is conducted, highlighting the share of each product type. E-commerce penetration and brand loyalty statistics are also assessed to validate market size estimates.

Step 3: Hypothesis Validation and Expert Consultation


Market hypotheses are refined through interviews with industry experts including dermatologists and brand managers. These insights help in validating consumer preferences, pricing strategies, and product innovation trends that are shaping the skincare market.

Step 4: Research Synthesis and Final Output


The final output includes insights from both primary and secondary research sources. The analysis is cross-verified with data from manufacturers and industry professionals, ensuring accuracy in market segmentation, future trends, and competitive landscape assessment.

 

Frequently Asked Questions

 

How big is the USA Skin Care Market?

The USA Skin Care Market was valued at USD 22 billion, driven by increasing consumer demand for organic and anti-aging skincare products, as well as the growth of the e-commerce sector.

What are the challenges in the USA Skin Care Market?

Challenges in the USA Skin Care Market include high competition from both global and local brands, stringent FDA regulations, and the rising cost of R&D for innovative product development.

Who are the major players in the USA Skin Care Market?

Major players in the USA Skin Care Market include Este Lauder Companies Inc., L'Oral USA, Procter & Gamble Co., Johnson & Johnson Services, Inc., and Unilever USA. These companies dominate due to their strong distribution networks, extensive product portfolios, and high brand value.

What are the growth drivers of the USA Skin Care Market?

The USA Skin Care Market is driven by consumer demand for organic and clean beauty products, advancements in AI-driven skincare personalization, and the growing popularity of anti-aging and mens skincare products.

What are the opportunities in the USA Skin Care Market?

Opportunities lie in the USA Skin Care Market rising demand for sustainable packaging, the growth of mens grooming products, and the potential for further innovation in AI-based skincare solutions. The increasing focus on eco-friendly and ethically produced skincare items is also expected to drive market growth.

 

Why Buy From Us?

RRR
Refine Robust Result (RRR) Framework

What makes us stand out is that our consultants follows Robust, Refine and Result (RRR) methodology. i.e. Robust for clear definitions, approaches and sanity checking, Refine for differentiating respondents facts and opinions and Result for presenting data with story

reach
Our Reach Is Unmatched

We have set a benchmark in the industry by offering our clients with syndicated and customized market research reports featuring coverage of entire market as well as meticulous research and analyst insights.

Research
Shifting the Research Paradigm

While we don't replace traditional research, we flip the method upside down. Our dual approach of Top Bottom & Bottom Top ensures quality deliverable by not just verifying company fundamentals but also looking at the sector and macroeconomic factors.

Insite
More Insights-Better Decisions

With one step in the future, our research team constantly tries to show you the bigger picture. We help with some of the tough questions you may encounter along the way: How is the industry positioned? Best marketing channel? KPI's of competitors? By aligning every element, we help maximize success.

Trust
Transparency and Trust

Our report gives you instant access to the answers and sources that other companies might choose to hide. We elaborate each steps of research methodology we have used and showcase you the sample size to earn your trust.

support
Round the Clock Support

If you need any support, we are here! We pride ourselves on universe strength, data quality, and quick, friendly, and professional service.

Why Client Choose Us?

400000+ Reports in repository
150+ Consulting project a year
100+ Analysts
8000+ Client Queries in 2022