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Personalized/Customized Skin Care Market Trends

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

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Personalized/Customized Skin Care Market Trends

The personalized skincare revolution is primarily driven by technological breakthroughs. Large-scale datasets are analyzed by Artificial Intelligence (AI) and Machine Learning (ML) algorithms to produce customized recommendations. Products tailored to a person's genetic composition are enabled by genomic technologies. AI is used by businesses such as Proven Skincare to produce unique formulations by analyzing data from over 100,000 skincare products & over 8 million skin profiles. Skin DNA testing kits, including those made by Skinshift, provide genetic insights into a person's skin type, enabling highly customized skincare regimens.

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.