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Personalized/Customized Skin Care Market Size

Report ID: GMI10204
Published Date: Jul 2024
Report Format: PDF

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Personalized/Customized Skin Care Market Size

Personalized/Customized Skin Care Market was valued at approximately USD 23.7 billion in 2023 and is estimated to register a CAGR of around 6.4% between 2024 & 2032.

Personalized/Customized Skin Care Market

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One-size-fits-all skincare products are being replaced with customized skincare regimens that address the specific skin demands of each customer. The demand for more specialized & efficient treatments that target particular skin issues, including sensitivity, pigmentation, aging, and acne, is influencing this change. Customized skincare regimens based on individual skin assessments are offered by brands such as Curology and SkinCeuticals, increasing consumer happiness & loyalty.

Personalized/Customized Skin Care Market Report Attributes
Report Attribute	Details
Base Year:	2023
Personalized/Customized Skin Care Market Size in 2023:	USD 23.7 Billion
Forecast Period:	2024-2032
Forecast Period 2024-2032 CAGR:	6.4%
2032 Value Projection:	USD 41.4 Billion
Historical Data for:	2021-2023
No. of Pages:	410
Tables, Charts & Figures:	490
Segments covered:	Product Type, Category, Price Range, Consumer Group, Distribution Channel
Growth Drivers:	Increasing consumer demand for personalized products Increasing awareness of skin health
Pitfalls & Challenges:	High cost of products & services

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The increased cost of customized skincare products can be attributed to various factors such as Research and Development (R&D), technology, and premium ingredients. Exorbitant expenses might prevent a wider range of consumers, especially those in the lower-income/price-sensitive groups, from accessing personalized items. Customized skincare frequently involves gathering private customer data, including genetics and skin type details, presenting issues with data security & privacy.

Authors: Avinash Singh , Sunita Singh

Frequently Asked Questions (FAQ) :

Market size for personalized/customized skin care was USD 23.7 billion in 2023 and is expected to register 6.4% CAGR from 2024-2032 owing to rising demand for more specialized & efficient treatments that target particular skin issues worldwide.

Personalized/customized skin care industry from the moisturizer segment is expected to reach USD 11.9 billion by 2032 due to customers becoming more conscious of the unique requirements of their skin, which change depending on age, skin type, lifestyle, and environment.

North America industry is expected to reach USD 15.7 billion by 2032 due to the highly developed e-commerce scene that makes individualized skincare products easily accessible to consumers in the region.

Atolla, Johnson & Johnson, L'Oréal Perso, LUMAVERA Custom Blends, Proven Skincare, Skin Authority MySkinBuddy, Skin Inc. My Daily Dose, SkinCeuticals Custom D.O.S.E, Urban Natives Pvt. Ltd., and Younique Uology, are some of the major personalized/customized skin care companies worldwide.