Europe Professional Skincare Product Market Size Reached 24.90 Billion in 2023

Professional skincare products refer to highly targeted skincare products developed and produced by professional skincare companies, designed for various skin problems and skin types. These products typically contain more concentrated active ingredients and use more advanced technology to improve skin condition.

Segmented Market Analysis

According to their different functional roles, skincare products can usually be divided into anti-aging products, anti-pigmentation products, moisturizing products, and sun protection products. Among them, moisturizing products occupy the largest market share. According to our research data, the segmented market size of moisturizing skincare products in Europe in 2023 was $6231 million, with a market share of 25.02%.

From the perspective of market development in major countries, Germany is the largest revenue market for the professional skincare industry in Europe. According to our data, the revenue scale of professional skincare products in Germany in 2023 was $4921 billion, accounting for 19.76% of the European market.

Europe Professional Skincare Product Market Size and Share by Type and Region in 2023


Market Size (Million USD)

Share


Segmented by Type

Anti-aging Products

4738

19.03%

Anti-pigmentation Products

4089

16.42%

Moisturizing Products

6231

25.02%

Sun Protection Products

5683

22.82%

Others

4160

16.71%

Segmented by Country

Germany

4921

19.76%

UK

3425

13.75%

France

3407

13.68%

Italy

3248

13.04%

Spain

2274

9.13%

Russia

1473

5.92%

Others

6153

24.71%

Source: www.globalmarketmonitor.com

Overview of Market Development and Analysis of Competitive Landscape
With people's pursuit of beauty and increasing awareness of skincare, the Europe professional skincare product market is showing a continuous growth trend. Data shows that in 2023, the total market size of professional skincare products in Europe reached $24.90 billion. In addition, this market is undergoing a technology-driven transformation, with increasing consumer demand for product components, functions, and personalized services. In the future, with changes in the environment and lifestyle, consumer skin problems will become increasingly diverse, which will bring more development space for professional skincare products.
From the perspective of market competition, the concentration of professional skincare products in Europe is relatively low. According to our data, the total output value of professional skincare products from the top 3 companies in the industry in 2020 was $5887 million, with a total share of 26.05%. The top 3 companies were Clarins Group, L'Or é al, and Beiersdorf AG, with professional skincare products output value accounting for 11.26%, 9.62%, and 5.17% of the European market in 2020, respectively.

Europe Professional Skincare Product Market Size Forecast and Competition Pattern Analysis  

Europe Professional Skincare Product Market Size Forecast and Competition Pattern Analysis

Source: www.globalmarketmonitor.com
Market Development Trend Analysis
Technology integration: With the advancement of technology, more and more skincare brands are beginning to integrate technological elements into their products, such as using AI technology for skin diagnosis and developing more effective ingredients using biotechnology.
Natural and Green: Consumers are increasingly concerned about the ingredients of products and tend to choose products that are natural, additive-free, and environmentally friendly. This has prompted many brands to increase their research and development efforts in plant extracts and organic components.
Personalized skincare: Consumers are no longer satisfied with a single skincare plan, but hope to obtain personalized products and services based on factors such as their skin type, age, and region.

For more industry information, please refer to our latest released "China Professional Skin Care Product Industry Market Research Report 2023-2029".

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