The Latin America, Middle East and Africa Skin Lightening Products Market would witness market growth of 5.8% CAGR during the forecast period (2022-2028).
An increase of pigment in the skin is known as hyperpigmentation. This occurs when the skin's natural pigment, melanin, is overproduced. Hyperpigmentation appears on the skin as darker, uneven blotches or patches of color in various regions. Exposure to UV and sun damage, accidents, acne, hormone imbalances, and skin inflammation are all common causes of this unpleasant condition.
Dark spots resemble hyperpigmentation in that they appear as areas that are darker in color than the surrounding skin. These spots are also known as liver spots, age spots, or warts, and they come in a wide range of sizes and forms. Dark spots are produced by solar damage and sun exposure, hormone swings, skin inflammation, healing wounds, and a variety of medical problems, similar to hyperpigmentation.
The fastest-growing centers of emerging countries are due to rising consumer demand for daily grooming cosmetics in countries like Brazil and Chile, which is propelling the region's market expansion. According to the Brazilian Association of Personal Hygiene, Perfume, and Cosmetic Industry, cosmetic product sales in Brazil increased by 0.6 percent in value and 2.8 percent in volume in 2020 compared to 2019. Furthermore, rising income levels of the population in countries such as Argentina and Chile, together with their spending on beauty products, would support regional market growth in the coming years.
In addition to women, the cosmetic culture is gaining popularity among other categories of people. In addition, the region's untapped potential is enticing additional skin lightening product companies to enter and boost their market share in the coming years.
Brazil's people are actively seeking skin lightening or environmentally beneficial goods. A substantial age group in the LAMEA region is deeply engaged in the fashion sector, and as a result, these individuals require a consistent supply of high-quality cosmetics.
The Brazil market dominated the LAMEA Skin Lightening Products Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $177.5 Million by 2028. The Argentina market is poised to grow at a CAGR of 6.4% during (2022 - 2028). Additionally, The UAE market would display a CAGR of 5.6% 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Skin Lightening Products Market is Predict to reach $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
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
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 LAMEA Skin Lightening Products Market, by Product
1.4.2 LAMEA Skin Lightening Products Market, by Nature
1.4.3 LAMEA 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. LAMEA Skin Lightening Products Market by Product
3.1 LAMEA Creams Market by Country
3.2 LAMEA Cleanser Market by Country
3.3 LAMEA Mask Market by Country
3.4 LAMEA Others Market by Country
Chapter 4. LAMEA Skin Lightening Products Market by Nature
4.1 LAMEA Synthetic Market by Country
4.2 LAMEA Natural Market by Country
4.3 LAMEA Organic Market by Country
Chapter 5. LAMEA Skin Lightening Products Market by Country
5.1 Brazil Skin Lightening Products Market
5.1.1 Brazil Skin Lightening Products Market by Product
5.1.2 Brazil Skin Lightening Products Market by Nature
5.2 Argentina Skin Lightening Products Market
5.2.1 Argentina Skin Lightening Products Market by Product
5.2.2 Argentina Skin Lightening Products Market by Nature
5.3 UAE Skin Lightening Products Market
5.3.1 UAE Skin Lightening Products Market by Product
5.3.2 UAE Skin Lightening Products Market by Nature
5.4 Saudi Arabia Skin Lightening Products Market
5.4.1 Saudi Arabia Skin Lightening Products Market by Product
5.4.2 Saudi Arabia Skin Lightening Products Market by Nature
5.5 South Africa Skin Lightening Products Market
5.5.1 South Africa Skin Lightening Products Market by Product
5.5.2 South Africa Skin Lightening Products Market by Nature
5.6 Nigeria Skin Lightening Products Market
5.6.1 Nigeria Skin Lightening Products Market by Product
5.6.2 Nigeria Skin Lightening Products Market by Nature
5.7 Rest of LAMEA Skin Lightening Products Market
5.7.1 Rest of LAMEA Skin Lightening Products Market by Product
5.7.2 Rest of LAMEA 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 LAMEA Skin Lightening Products Market, 2018 - 2021, USD Million
TABLE 2 LAMEA Skin Lightening Products Market, 2022 - 2028, USD Million
TABLE 3 LAMEA Skin Lightening Products Market by Product, 2018 - 2021, USD Million
TABLE 4 LAMEA Skin Lightening Products Market by Product, 2022 - 2028, USD Million
TABLE 5 LAMEA Creams Market by Country, 2018 - 2021, USD Million
TABLE 6 LAMEA Creams Market by Country, 2022 - 2028, USD Million
TABLE 7 LAMEA Cleanser Market by Country, 2018 - 2021, USD Million
TABLE 8 LAMEA Cleanser Market by Country, 2022 - 2028, USD Million
TABLE 9 LAMEA Mask Market by Country, 2018 - 2021, USD Million
TABLE 10 LAMEA Mask Market by Country, 2022 - 2028, USD Million
TABLE 11 LAMEA Others Market by Country, 2018 - 2021, USD Million
TABLE 12 LAMEA Others Market by Country, 2022 - 2028, USD Million
TABLE 13 LAMEA Skin Lightening Products Market by Nature, 2018 - 2021, USD Million
TABLE 14 LAMEA Skin Lightening Products Market by Nature, 2022 - 2028, USD Million
TABLE 15 LAMEA Synthetic Market by Country, 2018 - 2021, USD Million
TABLE 16 LAMEA Synthetic Market by Country, 2022 - 2028, USD Million
TABLE 17 LAMEA Natural Market by Country, 2018 - 2021, USD Million
TABLE 18 LAMEA Natural Market by Country, 2022 - 2028, USD Million
TABLE 19 LAMEA Organic Market by Country, 2018 - 2021, USD Million
TABLE 20 LAMEA Organic Market by Country, 2022 - 2028, USD Million
TABLE 21 LAMEA Skin Lightening Products Market by Country, 2018 - 2021, USD Million
TABLE 22 LAMEA Skin Lightening Products Market by Country, 2022 - 2028, USD Million
TABLE 23 Brazil Skin Lightening Products Market, 2018 - 2021, USD Million
TABLE 24 Brazil Skin Lightening Products Market, 2022 - 2028, USD Million
TABLE 25 Brazil Skin Lightening Products Market by Product, 2018 - 2021, USD Million
TABLE 26 Brazil Skin Lightening Products Market by Product, 2022 - 2028, USD Million
TABLE 27 Brazil Skin Lightening Products Market by Nature, 2018 - 2021, USD Million
TABLE 28 Brazil Skin Lightening Products Market by Nature, 2022 - 2028, USD Million
TABLE 29 Argentina Skin Lightening Products Market, 2018 - 2021, USD Million
TABLE 30 Argentina Skin Lightening Products Market, 2022 - 2028, USD Million
TABLE 31 Argentina Skin Lightening Products Market by Product, 2018 - 2021, USD Million
TABLE 32 Argentina Skin Lightening Products Market by Product, 2022 - 2028, USD Million
TABLE 33 Argentina Skin Lightening Products Market by Nature, 2018 - 2021, USD Million
TABLE 34 Argentina Skin Lightening Products Market by Nature, 2022 - 2028, USD Million
TABLE 35 UAE Skin Lightening Products Market, 2018 - 2021, USD Million
TABLE 36 UAE Skin Lightening Products Market, 2022 - 2028, USD Million
TABLE 37 UAE Skin Lightening Products Market by Product, 2018 - 2021, USD Million
TABLE 38 UAE Skin Lightening Products Market by Product, 2022 - 2028, USD Million
TABLE 39 UAE Skin Lightening Products Market by Nature, 2018 - 2021, USD Million
TABLE 40 UAE Skin Lightening Products Market by Nature, 2022 - 2028, USD Million
TABLE 41 Saudi Arabia Skin Lightening Products Market, 2018 - 2021, USD Million
TABLE 42 Saudi Arabia Skin Lightening Products Market, 2022 - 2028, USD Million
TABLE 43 Saudi Arabia Skin Lightening Products Market by Product, 2018 - 2021, USD Million
TABLE 44 Saudi Arabia Skin Lightening Products Market by Product, 2022 - 2028, USD Million
TABLE 45 Saudi Arabia Skin Lightening Products Market by Nature, 2018 - 2021, USD Million
TABLE 46 Saudi Arabia Skin Lightening Products Market by Nature, 2022 - 2028, USD Million
TABLE 47 South Africa Skin Lightening Products Market, 2018 - 2021, USD Million
TABLE 48 South Africa Skin Lightening Products Market, 2022 - 2028, USD Million
TABLE 49 South Africa Skin Lightening Products Market by Product, 2018 - 2021, USD Million
TABLE 50 South Africa Skin Lightening Products Market by Product, 2022 - 2028, USD Million
TABLE 51 South Africa Skin Lightening Products Market by Nature, 2018 - 2021, USD Million
TABLE 52 South Africa Skin Lightening Products Market by Nature, 2022 - 2028, USD Million
TABLE 53 Nigeria Skin Lightening Products Market, 2018 - 2021, USD Million
TABLE 54 Nigeria Skin Lightening Products Market, 2022 - 2028, USD Million
TABLE 55 Nigeria Skin Lightening Products Market by Product, 2018 - 2021, USD Million
TABLE 56 Nigeria Skin Lightening Products Market by Product, 2022 - 2028, USD Million
TABLE 57 Nigeria Skin Lightening Products Market by Nature, 2018 - 2021, USD Million
TABLE 58 Nigeria Skin Lightening Products Market by Nature, 2022 - 2028, USD Million
TABLE 59 Rest of LAMEA Skin Lightening Products Market, 2018 - 2021, USD Million
TABLE 60 Rest of LAMEA Skin Lightening Products Market, 2022 - 2028, USD Million
TABLE 61 Rest of LAMEA Skin Lightening Products Market by Product, 2018 - 2021, USD Million
TABLE 62 Rest of LAMEA Skin Lightening Products Market by Product, 2022 - 2028, USD Million
TABLE 63 Rest of LAMEA Skin Lightening Products Market by Nature, 2018 - 2021, USD Million
TABLE 64 Rest of LAMEA 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