The Asia Pacific Skin Lightening Products Market would witness market growth of 5.6% CAGR during the forecast period (2022-2028).
Hydroquinone is a prevalent ingredient in skin whiteners. It acts by reducing the formation of melanin. Tretinoin also called all-trans retinoic acid, is a kind of retinoic acid that can be used to whiten certain areas. It can be used with steroid and hydroquinone therapy. Alpha hydroxy acid (AHA) is a skin bleaching agent, although its molecular mechanism is unknown.
The most frequent drug used to lighten the skin is glutathione, which is taken by mouth. It could be used as a cream as well. It's an antioxidant that the body naturally produces. A 2017 assessment revealed tentative evidence of tranexamic acid's efficacy in melasma, whereas another 2017 evaluation found inadequate data to support its usage. Melasma may benefit from azelaic acid as a second-line treatment. A variety of laser therapies have been employed to treat melasma with some success. Recurrence, on the other hand, is common, and certain lasers might cause additional pigmentation.
The bulk of skin lightening products are produced and consumed in India. In South Asia, India accounts for around a quarter of all skin lightening product sales. Because millennials have grown up with technology, they are more technologically savvy than prior generations. Furthermore, millennials in India enjoy better internet access than their counterparts in other countries. Popular Western beauty trends are sweeping India's beauty sector, creating opportunities for sales of skin lightening product.
Younger beauty enthusiasts are becoming more focused on long beauty solutions, hence why companies who are transparent about their goods and make efforts to reduce their environmental footprint are valued more highly. Aside from that, the younger generation is unafraid to spend more on reliable and safe cosmetic products. In comparison to other countries, South Korea has a high skin lightening beauty trend. The urge to develop skincare with more potential skincare benefits, not sustainability, is driving the skin lightening product beauty trend in South Korea. Because beauty devotees want pure, undiluted formulas, sales of water-based beauty products are expected to rise. As a result of increased cosmetics product popularity among the regional population, the skin lightening product market is predicted to grow over the forecast period.
The China market dominated the Asia Pacific Skin Lightening Products Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $1,970.8 Million by 2028. The Japan market is experiencing a CAGR of 5% during (2022 - 2028). Additionally, The India market would exhibit a CAGR of 6.3% during (2022 - 2028).
Based on Product, the market is segmented into Creams, Cleanser, Mask, and Others. Based on Nature, the market is segmented into Synthetic, Natural, and Organic. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Skin Lightening Products Market is Projected to reach USD 13.5 Billion by 2028, at a CAGR of 5.3%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include L'Oreal Group, The Procter and Gamble Company, Unilever PLC, Shiseido Company, Limited, Beiersdorf AG, The Himalaya Wellness Company (Himalaya Global Holdings Ltd.), Kao Corporation (Kanebo Cosmetics, Inc.), Vlcc Health Care Limited, Avon Products, Inc., and Dabur India Ltd.
Scope of the Study
Market Segments Covered in the Report:
By Product
By Nature
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- L'Oreal Group
- The Procter and Gamble Company
- Unilever PLC
- Shiseido Company, Limited
- Beiersdorf AG
- The Himalaya Wellness Company (Himalaya Global Holdings Ltd.)
- Kao Corporation (Kanebo Cosmetics, Inc.)
- Vlcc Health Care Limited
- Avon Products, Inc.
- Dabur India Ltd.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Skin Lightening Products Market, by Product
1.4.2 Asia Pacific Skin Lightening Products Market, by Nature
1.4.3 Asia Pacific Skin Lightening Products Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market composition and scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Asia Pacific Skin Lightening Products Market by Product
3.1 Asia Pacific Creams Market by Country
3.2 Asia Pacific Cleanser Market by Country
3.3 Asia Pacific Mask Market by Country
3.4 Asia Pacific Others Market by Country
Chapter 4. Asia Pacific Skin Lightening Products Market by Nature
4.1 Asia Pacific Synthetic Market by Country
4.2 Asia Pacific Natural Market by Country
4.3 Asia Pacific Organic Market by Country
Chapter 5. Asia Pacific Skin Lightening Products Market by Country
5.1 China Skin Lightening Products Market
5.1.1 China Skin Lightening Products Market by Product
5.1.2 China Skin Lightening Products Market by Nature
5.2 Japan Skin Lightening Products Market
5.2.1 Japan Skin Lightening Products Market by Product
5.2.2 Japan Skin Lightening Products Market by Nature
5.3 India Skin Lightening Products Market
5.3.1 India Skin Lightening Products Market by Product
5.3.2 India Skin Lightening Products Market by Nature
5.4 South Korea Skin Lightening Products Market
5.4.1 South Korea Skin Lightening Products Market by Product
5.4.2 South Korea Skin Lightening Products Market by Nature
5.5 Singapore Skin Lightening Products Market
5.5.1 Singapore Skin Lightening Products Market by Product
5.5.2 Singapore Skin Lightening Products Market by Nature
5.6 Malaysia Skin Lightening Products Market
5.6.1 Malaysia Skin Lightening Products Market by Product
5.6.2 Malaysia Skin Lightening Products Market by Nature
5.7 Rest of Asia Pacific Skin Lightening Products Market
5.7.1 Rest of Asia Pacific Skin Lightening Products Market by Product
5.7.2 Rest of Asia Pacific Skin Lightening Products Market by Nature
Chapter 6. Company Profiles
6.1 L'Oreal Group
6.1.1 Company Overview
6.1.2 Financial Analysis
6.1.3 Segmental and Regional Analysis
6.1.4 SWOT Analysis
6.2 The Procter and Gamble Company
6.2.1 Company Overview
6.2.2 Financial Analysis
6.2.3 Segmental and Regional Analysis
6.2.4 Research & Development Expense
6.2.5 Recent strategies and developments:
6.2.5.1 Acquisition and Mergers:
6.3 Unilever PLC
6.3.1 Company Overview
6.3.2 Financial Analysis
6.3.3 Segmental and Regional Analysis
6.3.4 Research & Development Expense
6.4 Shiseido Company, Limited
6.4.1 Company Overview
6.4.2 Financial Analysis
6.4.3 Segmental and Regional Analysis
6.4.4 Research & Development Expenses
6.4.5 Recent strategies and developments:
6.4.5.1 Acquisition and Mergers:
6.5 Beiersdorf AG
6.5.1 Company Overview
6.5.2 Financial Analysis
6.5.3 Segmental and Regional Analysis
6.5.4 Research & Development Expense
6.6 Himalaya Wellness Company (Himalaya Global Holdings Ltd.)
6.6.1 Company Overview
6.7 Kao Corporation (Kanebo Cosmetics, Inc.)
6.7.1 Company Overview
6.7.2 Financial Analysis
6.7.3 Segmental and Regional Analysis
6.7.4 Research & Development Expenses
6.8 Vlcc Health Care Limited
6.8.1 Company Overview
6.8.2 Financial Analysis
6.8.3 Segmental and Regional Analysis
6.9 Avon Products, Inc.
6.9.1 Company Overview
6.9.2 Financial Analysis
6.9.3 Segmental Analysis
6.9.4 Research & Development Expense
6.10. Dabur India Ltd.
6.10.1 Company Overview
6.10.2 Financial Analysis
6.10.3 Segmental and Regional Analysis
6.10.4 Research & Development Expense
TABLE 1 Asia Pacific Skin Lightening Products Market, 2018 - 2021, USD Million
TABLE 2 Asia Pacific Skin Lightening Products Market, 2022 - 2028, USD Million
TABLE 3 Asia Pacific Skin Lightening Products Market by Product, 2018 - 2021, USD Million
TABLE 4 Asia Pacific Skin Lightening Products Market by Product, 2022 - 2028, USD Million
TABLE 5 Asia Pacific Creams Market by Country, 2018 - 2021, USD Million
TABLE 6 Asia Pacific Creams Market by Country, 2022 - 2028, USD Million
TABLE 7 Asia Pacific Cleanser Market by Country, 2018 - 2021, USD Million
TABLE 8 Asia Pacific Cleanser Market by Country, 2022 - 2028, USD Million
TABLE 9 Asia Pacific Mask Market by Country, 2018 - 2021, USD Million
TABLE 10 Asia Pacific Mask Market by Country, 2022 - 2028, USD Million
TABLE 11 Asia Pacific Others Market by Country, 2018 - 2021, USD Million
TABLE 12 Asia Pacific Others Market by Country, 2022 - 2028, USD Million
TABLE 13 Asia Pacific Skin Lightening Products Market by Nature, 2018 - 2021, USD Million
TABLE 14 Asia Pacific Skin Lightening Products Market by Nature, 2022 - 2028, USD Million
TABLE 15 Asia Pacific Synthetic Market by Country, 2018 - 2021, USD Million
TABLE 16 Asia Pacific Synthetic Market by Country, 2022 - 2028, USD Million
TABLE 17 Asia Pacific Natural Market by Country, 2018 - 2021, USD Million
TABLE 18 Asia Pacific Natural Market by Country, 2022 - 2028, USD Million
TABLE 19 Asia Pacific Organic Market by Country, 2018 - 2021, USD Million
TABLE 20 Asia Pacific Organic Market by Country, 2022 - 2028, USD Million
TABLE 21 Asia Pacific Skin Lightening Products Market by Country, 2018 - 2021, USD Million
TABLE 22 Asia Pacific Skin Lightening Products Market by Country, 2022 - 2028, USD Million
TABLE 23 China Skin Lightening Products Market, 2018 - 2021, USD Million
TABLE 24 China Skin Lightening Products Market, 2022 - 2028, USD Million
TABLE 25 China Skin Lightening Products Market by Product, 2018 - 2021, USD Million
TABLE 26 China Skin Lightening Products Market by Product, 2022 - 2028, USD Million
TABLE 27 China Skin Lightening Products Market by Nature, 2018 - 2021, USD Million
TABLE 28 China Skin Lightening Products Market by Nature, 2022 - 2028, USD Million
TABLE 29 Japan Skin Lightening Products Market, 2018 - 2021, USD Million
TABLE 30 Japan Skin Lightening Products Market, 2022 - 2028, USD Million
TABLE 31 Japan Skin Lightening Products Market by Product, 2018 - 2021, USD Million
TABLE 32 Japan Skin Lightening Products Market by Product, 2022 - 2028, USD Million
TABLE 33 Japan Skin Lightening Products Market by Nature, 2018 - 2021, USD Million
TABLE 34 Japan Skin Lightening Products Market by Nature, 2022 - 2028, USD Million
TABLE 35 India Skin Lightening Products Market, 2018 - 2021, USD Million
TABLE 36 India Skin Lightening Products Market, 2022 - 2028, USD Million
TABLE 37 India Skin Lightening Products Market by Product, 2018 - 2021, USD Million
TABLE 38 India Skin Lightening Products Market by Product, 2022 - 2028, USD Million
TABLE 39 India Skin Lightening Products Market by Nature, 2018 - 2021, USD Million
TABLE 40 India Skin Lightening Products Market by Nature, 2022 - 2028, USD Million
TABLE 41 South Korea Skin Lightening Products Market, 2018 - 2021, USD Million
TABLE 42 South Korea Skin Lightening Products Market, 2022 - 2028, USD Million
TABLE 43 South Korea Skin Lightening Products Market by Product, 2018 - 2021, USD Million
TABLE 44 South Korea Skin Lightening Products Market by Product, 2022 - 2028, USD Million
TABLE 45 South Korea Skin Lightening Products Market by Nature, 2018 - 2021, USD Million
TABLE 46 South Korea Skin Lightening Products Market by Nature, 2022 - 2028, USD Million
TABLE 47 Singapore Skin Lightening Products Market, 2018 - 2021, USD Million
TABLE 48 Singapore Skin Lightening Products Market, 2022 - 2028, USD Million
TABLE 49 Singapore Skin Lightening Products Market by Product, 2018 - 2021, USD Million
TABLE 50 Singapore Skin Lightening Products Market by Product, 2022 - 2028, USD Million
TABLE 51 Singapore Skin Lightening Products Market by Nature, 2018 - 2021, USD Million
TABLE 52 Singapore Skin Lightening Products Market by Nature, 2022 - 2028, USD Million
TABLE 53 Malaysia Skin Lightening Products Market, 2018 - 2021, USD Million
TABLE 54 Malaysia Skin Lightening Products Market, 2022 - 2028, USD Million
TABLE 55 Malaysia Skin Lightening Products Market by Product, 2018 - 2021, USD Million
TABLE 56 Malaysia Skin Lightening Products Market by Product, 2022 - 2028, USD Million
TABLE 57 Malaysia Skin Lightening Products Market by Nature, 2018 - 2021, USD Million
TABLE 58 Malaysia Skin Lightening Products Market by Nature, 2022 - 2028, USD Million
TABLE 59 Rest of Asia Pacific Skin Lightening Products Market, 2018 - 2021, USD Million
TABLE 60 Rest of Asia Pacific Skin Lightening Products Market, 2022 - 2028, USD Million
TABLE 61 Rest of Asia Pacific Skin Lightening Products Market by Product, 2018 - 2021, USD Million
TABLE 62 Rest of Asia Pacific Skin Lightening Products Market by Product, 2022 - 2028, USD Million
TABLE 63 Rest of Asia Pacific Skin Lightening Products Market by Nature, 2018 - 2021, USD Million
TABLE 64 Rest of Asia Pacific Skin Lightening Products Market by Nature, 2022 - 2028, USD Million
TABLE 65 Key Information – L'Oreal Group
TABLE 66 Key Information – The Procter and Gamble Company
TABLE 67 Key Information – Unilever PLC
TABLE 68 Key Information – Shiseido Company, Limited
TABLE 69 Key Information – Beiersdorf AG
TABLE 70 Key Information –The Himalaya Drug Company
TABLE 71 Key Information – Kao Corporation
TABLE 72 Key Information – Vlcc Health Care Limited
TABLE 73 Key Information – Avon Products, Inc.
TABLE 74 key Information – Dabur India Ltd.
List of Figures
FIG 1 Methodology for the research
FIG 2 SWOT Analysis: L’Oreal Group