Making sense of the Global Market, Euromonitor International Ltd.

Yu Mitsuhashi

Making sense of the Global Market

Euromonitor International Ltd.

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Thematic (Sector/Industry)

United states Personal products / Thematic (Sector/Industry)

<ul><li>Skin care posted healthy current value growth of 5% in 2017, to reach USD18.4 billion.</li><li>The demand for efficacious and multifunctional skin care products coincides with greater consumer interest in healthy living and wellness.</li><li>Premium skin care witnessed healthy growth in 2017, driven by face masks and premium skin care sets/kits</li><li>Investment in South Korean skin care companies was seen in 2017, following Unilever’s purchase of Carver Korea and retailers such as CVS, Target, Sephora and Ulta Beauty dedicating more shelf-space to Korean brands.</li><li>L'Oréal USA remained the leader in skin care in 2017, with a 10% value share.</li><li>Skin care is expected to post a value CAGR of 3% at constant 2017 prices over the forecast period, to reach USD21.1 billion in 2022.</li></ul>

Skin care posted healthy current value growth of 5% in 2017, to reach USD18.4 billion.The demand for efficacious and multifunctional skin care products coincides with greater consumer interest in healthy living and wellness.Premium skin care witnessed healthy growth in 2017, driven by face masks and premium skin care sets/kitsInvestment in South Korean skin care companies was seen in 2017, following Unilever’s purchase of Carver Korea and retailers such as CVS, Target, Sephora and Ulta Beauty dedicating more shelf-space to Korean brands.L'Oréal USA remained the leader in skin care in 2017, with a 10% value share.Skin care is expected to post a value CAGR of 3% at constant 2017 prices over the forecast period, to reach USD21.1 billion in 2022.

Sector Capsule: Skin Care in the US