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Malaysia Skin Care Products Market Report and Forecast 2024-2032
Market Report I 2024-06-20 I 196 Pages I EMR Inc.
Malaysia Skin Care Products Market Report and Forecast 2024-2032
Market outlook
According to the report by Expert Market Research (EMR), the Malaysia skin care products market size reached a value of USD 786.65 million in 2023. Aided by the increasing demand for high-quality skin care products and the growing awareness of skin health and wellness, the market is projected to further grow at a CAGR of 2.3% between 2024 and 2032 to reach a value of USD 969.13 million by 2032.
Skin care products encompass a wide range of items designed to maintain and improve the health and appearance of the skin. This includes cleansers, moisturisers, sunscreens, anti-aging products, and treatments for specific skin conditions. The growing trend of personal grooming and the increasing influence of social media and beauty influencers are driving the demand for skin care products in Malaysia.
The increasing consumer preference for high-quality skin care products is driving the Malaysia skin care products market growth. With the growing awareness of the importance of skin health and the benefits of using effective skin care products, consumers are increasingly seeking products that offer specific benefits and cater to their individual skin needs. Additionally, the rising trend of preventive skin care and the increasing focus on anti-aging solutions are further propelling the demand for skin care products in Malaysia.
The expanding applications of skin care products in various sectors also play a significant role in propelling the market. In the personal care sector, skin care products are essential for maintaining skin health and addressing specific skin concerns. The integration of skin care products into daily beauty routines and the growing popularity of multi-step skin care regimens are driving the market growth. Moreover, the increasing demand for specialised skin care products, such as organic and natural formulations, is contributing to the market expansion.
Moreover, advancements in skin care product formulations and technologies are driving innovation and development in the market. Manufacturers are continually introducing new and improved products with enhanced properties, such as increased efficacy, improved textures, and innovative delivery systems. These advancements are improving the performance and appeal of skin care products, making them more attractive to consumers. Additionally, the development of personalized skin care solutions, which cater to individual skin types and concerns, consequently driving up the Malaysia skin care products market share.
The regulatory environment in Malaysia also plays a crucial role in shaping the skin care products market. Governments and regulatory bodies in the region are actively supporting the development and distribution of safe and effective skin care products. For instance, various regulations and guidelines have been introduced to ensure the quality and safety of skin care products and to control the use of harmful ingredients. These regulatory efforts are providing a favourable environment for the growth of the skin care products market in Malaysia.
The increasing ageing population in Malaysia is driving the demand for anti-ageing products. As consumers age, they seek products that help maintain a youthful appearance and address common signs of aging. The growing focus on skin health and the desire to look younger for longer are propelling the market growth.
As per the Malaysia skin care products market analysis, the influence of beauty trends and the increasing popularity of beauty influencers are driving the demand for anti-aging products. Social media platforms and beauty blogs play a significant role in educating consumers about the benefits of anti-aging products and promoting the latest trends. The growing interest in achieving youthful and radiant skin is propelling the market growth.
Market Segmentation
The market can be divided based on type, ingredient, gender, and distribution channel
Market Breakup by Type
- Facial Care
- Body Care
- Others
Market Breakup by Ingredient
- Natural
- Chemical
Market Breakup by Gender
- Men
- Women
Market Breakup by Distribution Channel
- Hypermarkets/Supermarkets
- Convenience Stores
- Specialty Stores
- Online
- Others
Competitive landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in Malaysia skin care products market. some of the major players explored in the report by expert market research are as follows:
- The Estee Lauder Companies Inc.
- L'Oreal S. A.
- The Procter & Gamble Company
- Unilever PLC
- AMOREPACIFIC Malaysia Sdn. Bhd
- Johnson & Johnson Services, Inc.
- Shiseido Co., Ltd.
- Beiersdorf AG
- Group L'OCCITANE
- Avon Products Inc.
- Others
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*We at Expert Market Research always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.
1 Preface
2 Report Coverage - Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 Global Skin Care Products Market Overview
8.1 Key Industry Highlights
8.2 Global Skin Care Products Historical Market (2018-2023)
8.3 Global Skin Care Products Market Forecast (2024-2032)
8.4 Global Skin Care Products Market Share by Region
8.4.1 North America
8.4.2 Europe
8.4.3 Asia Pacific
8.4.4 Latin America
8.4.5 Middle East and Africa
9 Malaysia Skin Care Products Market Overview
9.1 Key Industry Highlights
9.2 Malaysia Skin Care Products Historical Market (2018-2023)
9.3 Malaysia Skin Care Products Market Forecast (2024-2032)
10 Malaysia Skin Care Products Market by Type
10.1 Facial Care
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Body Care
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 Others
11 Malaysia Skin Care Products Market by Ingredient
11.1 Natural
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Chemical
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
12 Malaysia Skin Care Products Market by Gender
12.1 Men
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Women
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
13 Malaysia Skin Care Products Market by Distribution Channel
13.1 Hypermarkets/Supermarkets
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 Convenience Stores
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Specialty Stores
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 Online
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter's Five Forces Analysis
14.2.1 Supplier's Power
14.2.2 Buyer's Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Trade Data Analysis (HS Code - 3304)
16.1 Major Importing Countries
16.1.1 By Volume
16.1.2 By Value
16.2 Major Exporting Countries
16.2.1 By Volume
16.2.2 By Value
17 Competitive Landscape
17.1 Market Structure
17.2 Company Profiles
17.2.1 The Estee Lauder Companies Inc.
17.2.1.1 Company Overview
17.2.1.2 Product Portfolio
17.2.1.3 Demographic Reach and Achievements
17.2.1.4 Certifications
17.2.2 L'Oreal S. A.
17.2.2.1 Company Overview
17.2.2.2 Product Portfolio
17.2.2.3 Demographic Reach and Achievements
17.2.2.4 Certifications
17.2.3 The Procter & Gamble Company
17.2.3.1 Company Overview
17.2.3.2 Product Portfolio
17.2.3.3 Demographic Reach and Achievements
17.2.3.4 Certifications
17.2.4 Unilever PLC
17.2.4.1 Company Overview
17.2.4.2 Product Portfolio
17.2.4.3 Demographic Reach and Achievements
17.2.4.4 Certifications
17.2.5 AMOREPACIFIC Malaysia Sdn. Bhd
17.2.5.1 Company Overview
17.2.5.2 Product Portfolio
17.2.5.3 Demographic Reach and Achievements
17.2.5.4 Certifications
17.2.6 Johnson & Johnson Services, Inc.
17.2.6.1 Company Overview
17.2.6.2 Product Portfolio
17.2.6.3 Demographic Reach and Achievements
17.2.6.4 Certifications
17.2.7 Shiseido Co., Ltd.
17.2.7.1 Company Overview
17.2.7.2 Product Portfolio
17.2.7.3 Demographic Reach and Achievements
17.2.7.4 Certifications
17.2.8 Beiersdorf AG
17.2.8.1 Company Overview
17.2.8.2 Product Portfolio
17.2.8.3 Demographic Reach and Achievements
17.2.8.4 Certifications
17.2.9 Group L'OCCITANE
17.2.9.1 Company Overview
17.2.9.2 Product Portfolio
17.2.9.3 Demographic Reach and Achievements
17.2.9.4 Certifications
17.2.10 Avon Products Inc.
17.2.10.1 Company Overview
17.2.10.2 Product Portfolio
17.2.10.3 Demographic Reach and Achievements
17.2.10.4 Certifications
17.2.11 Others
18 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Skin Care Products Market: Key Industry Highlights, 2018 and 2032
2. Malaysia Skin Care Products Market: Key Industry Highlights, 2018 and 2032
3. Malaysia Skin Care Products Historical Market: Breakup by Type (USD Million), 2018-2023
4. Malaysia Skin Care Products Market Forecast: Breakup by Type (USD Million), 2024-2032
5. Malaysia Skin Care Products Historical Market: Breakup by Ingredient (USD Million), 2018-2023
6. Malaysia Skin Care Products Market Forecast: Breakup by Ingredient (USD Million), 2024-2032
7. Malaysia Skin Care Products Historical Market: Breakup by Gender (USD Million), 2018-2023
8. Malaysia Skin Care Products Market Forecast: Breakup by Gender (USD Million), 2024-2032
9. Malaysia Skin Care Products Historical Market: Breakup by Distribution Channel (USD Million), 2018-2023
10. Malaysia Skin Care Products Market Forecast: Breakup by Distribution Channel (USD Million), 2024-2032
11. Major Importing Countries by Volume
12. Major Exporting Countries by Volume
13. Major Importing Countries by Value
14. Major Exporting Countries by Value
15. Malaysia Skin Care Products Market Structure
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