Global Personalized Skincare Market to Hit $38.9 Billion by 2030 – Exclusive InsightAce Analytics Report

analytical insight

Product segment of the personalized skin care market

The global personalized skin care market is valued at US$17.2 billion in 2021, it is expected to reach US$38.9 billion by 2030, growing at a CAGR of 9.7%

Major market players include Laboté, Lancôme, L’Occitane Group, L’Oréal, Marianna Naturals Corp., Atolla, Ave & Edam, Bare Anatomy, Clinique Laboratories, LLC, CODAGE, Coty Inc., Curology, Inc.

— Insightace analysis

NEW JERSEY, NJ, USA, August 11, 2022 /EINPresswire.com/ — InsightAce Analytics Pvt. announces the publication of a Market Assessment Report on “Global Personalized Skincare Market – By Product (Face Cream, Moisturizer, Face Serum, Face Cleanser and Other Products), Application (digital consultation/quizzes, specialized apps and hardware, home test kits and other IoT/AI based technologies), trends, industry competition analysis, revenue and forecast to 2030.”

According to latest research, the global personalized skin care market is valued at US$17.2 Billion in 2021 and is projected to reach US$38.9 Billion by 2030, growing at a CAGR of 9.7% at over a forecast period of 2022-2030.

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Since everyone has a different skin type, consumers need a drug specifically tailored to their needs rather than buying the typical method. Various considerations, including age, gender, skin type, genetic background, substances, skin conditions, and user experience, go into designing and customizing skincare solutions. personalized. Beauty companies offer the most popular personalized skin care products using the information they acquire from customers in the form of inquiries, queries, consultations, digital format or inspection tools home. These items include a range of skincare products, such as serums, oils, lotions, face creams, cleansers, and more.

The increased prevalence of skin and lifestyle diseases worldwide, users’ use of the Internet and social media platforms to market products, increased consumer spending, increased treatment personalized beauty treatments, increasing R&D activities to develop advanced skincare products and goods, and using AI (artificial intelligence) to create personalized and cost-effective skincare products are all contributing factors. The growth of skin, hair and lifestyle changes has created a need among customers for remedies for their own skin problems. Accordingly, growing consumer awareness about skincare is expected to drive the market demand over the coming years. Over the projected period, the growth of the market is expected to be hindered by the increasing prevalence of personalized skincare products and the limited adverse effects related to these products.

North America is expected to be the top contributor to the personalized skincare market over the forecast years owing to rising healthcare expenditures, increased personalization of skincare products and rising awareness increased public need for personal care. In addition, the Asia-Pacific personalized skin care market is expected to grow significantly over the forecast period owing to an increase in the number of health-conscious consumers, rise in skin problems, and increased R&D spending on innovative, safe and effective skincare products.

The major market players operating in the personalized skin care industry are Laboté, Lancôme, L’Occitane Group, L’Oréal, Marianna Naturals Corp., Atolla, Ave & Edam, Bare Anatomy, Clinique Laboratories, LLC, CODAGE , Coty Inc., Curology, Inc., My Beauty Matches, Neutrogena, Nomige, NU SKIN, Orig3n, PROVEN Skincare, Romy Paris, Sequential Skin, Shiseido Company, Skin Authority, Skin Inc., DermaCare, Evrēdā Skincare, FitSkin Inc, Function of Beauty, Glory Skincare, insitU Cosmetics Ltd., IOMA Paris, It’s The Buff, Kiehl’s LLC, Kura Skin, SkinAI LLC (Our Skin), SkinCeuticals, Skinsei Skincare, SKINSHIFT, SKINTELLI, AN EPIGENCARE BRAND, Vitruvi, Younique, LLC , Yours Skincare and Other Prominent Players.

Recent collaborations and agreements on the market:
• In November 2021, the world’s largest cosmetics company, Coty Inc. (USA), partnered with ultra-premium French brand Orveda. The high-professional skincare brand with diverse properties combines the best of nature with cutting-edge dermatological and technical benefits to help customers achieve a healthy skin glow that surpasses that of cosmetics.
• In August 2021, Function of Beauty (USA), a pioneer in individualized hair, skin and body care products, recently acquired Atolla, a company that offers personalized skin care products and has of a patented home skincare test and product based on data suggestion system.
• In January 2021, a real-time skin diagnostic tool was launched by Marianna Naturals Corp. (Canada) and Perfect Corp. which examines four common cosmetic problems: spots, wrinkles, texture and dark circles.

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Market segments
Global personalized skin care market, by product, 2022-2030 (Value in Million US$)
• Face cream
• Moisturizing Lotion
• Face serum
• Facial cleanser
• Others products
Global personalized skin care market, by application, 2022-2030 (value in million US$)
• Consultation/digital questionnaires
• Applications and specialized equipment
• Home test kits
• Other IoT/AI-based technologies
Global personalized skin care market, by region, 2022-2030 (Value in Million US$)
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa
North America Personalized Skincare Market, by Country, 2022-2030 (Value in Million US$)
• WE
• Canada
Europe personalized skincare market, by country, 2022-2030 (value in million US$)
• Germany
• Italy
• France
• Russia
• Spain
• Rest of Europe
Asia-Pacific personalized skincare market, by country, 2022-2030 (Value in Million US$)
• Japan
• South Korea
• India
• China
• Australia and New Zealand
Latin America personalized skincare market, by country, 2022-2030 (Value in US$ Million)
• Brazil
• Mexico
• Rest of Latin America
Middle East & Africa Personalized Skincare Market, by Country, 2022-2030 (Value in Million US$)
• GCC countries
• South Africa
• Rest of the Middle East and Africa
Get early access to the full report @ https://www.insightaceanalytic.com/enquiry-before-buying/1165

Why buy this report:
 Receive a comprehensive outlook analysis of the Global Personalized Skin Care Market
 To receive industry insight and future trends in the Personalized Skin Care market
 To analyze the drivers and challenges of the personalized skin care market
 To obtain information on the personalized skin care market value (million US$) forecasted till 2030
 To gain insights on investments, mergers and acquisitions in the Personalized Skin Care Market industry

Other related reports published by InsightAce Analytics:
Global unmanageable beauty market
Global Next Generation Personalized Beauty Market
Global Microbiome in Skincare Market

Priyanka Tilekar
Insightace Analytical Pvt. ltd.
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