Global Skin Toner Market Size To Exceed USD 1.27 Billion By 2033 | CAGR of 5.56%
Category: Consumer GoodsGlobal Skin Toner Market Size To Exceed USD 1.27 Billion By 2033
According to a research report published by Spherical Insights & Consulting, the Global Skin Toner Market is expected to grow from USD 0.74 Billion in 2023 to USD 1.27 Billion by 2033, at a CAGR of 5.56% during the forecast period 2023-2033.
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Browse key industry insights spread across 240 pages with 110 Market data tables and figures & charts from the report on the "Global Skin Toner Market Size, Share, and COVID-19 Impact Analysis, By Form (Fluid and Mist), By Product (Organic and Conventional), By Distribution Channels (Hypermarkets & Supermarkets, Cosmetic Stores, and Online), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 - 2033." Get Detailed Report Description Here: https://www.sphericalinsights.com/reports/skin-toner-market
Skin toner is applied generally to the face and is a product that is meant to clean the skin and minimize pore size and appearance. Skin toner can be applied by a piece of cotton (one of the most used methods), spraying it on the face, or applying a toner gauze facial mask. The market growth is driven by the increase in pollution levels, and urbanization has resulted in more concerns regarding skin damage, which has prompted consumers to look for products that can offer deeper cleansing and protection. Toners are usually promoted as solutions for the elimination of impurities that could be left behind after cleansing, preparing the skin for improved absorption of other skincare products. It has boosted their use among different demographics, especially in areas with high urban growth. The growing purchasing power of the middle class, especially in emerging countries, presents new opportunities for producers. This age group's capacity to purchase dermatological products is responsible for the building of strong distribution channels, both online and offline. Additionally, skincare companies have been paying more and more attention to being sustainable and environmentally friendly. This ranges from recyclable packaging to cruelty-free ingredients to an overall decrease in their carbon footprint. However, the challenge in the market is skin sensitivity issues that pose a major limitation on the market for skin toners. A few individuals tend to experience irritation, redness, or allergies when exposed to trendy toner ingredients and chemicals or perfumes.
The fluid bags segment accounted for the highest share in 2023 and is projected to grow at a substantial CAGR during the forecast period.
Based on the form, the skin toner market is segmented into fluid and mist. Among these, the fluid segment accounted for the highest share in 2023 and is projected to grow at a substantial CAGR during the forecast period. The growth is attributed to the majority of consumers who are used to applying liquid/fluid toners when performing their skincare regimen. It is versatile and can be applied using a cotton pad or hands, making it perfect for any skin type. Additionally, fluid toners are light and are quickly absorbed into the skin. They are more effective at hydrating, pH balancing, and getting the skin ready for serums or moisturizers compared to other forms.
The conventional segment accounted for a significant share in 2023 and is anticipated to grow at a remarkable CAGR during the forecast period.
Based on the product, the global skin toner market is divided into organic and conventional. Among these, the conventional segment accounted for a significant share in 2023 and is anticipated to grow at a remarkable CAGR during the forecast period. The growth is driven by traditional toners that are favored for their proven formulas and predictable outcomes, which provide consumers with a sense of security. Additionally, consumers who opt for tested-and-proven skincare products tend toward such traditional toners because they know what to expect from them.
The offline segment accounted for the biggest share in 2023 and is anticipated to grow at a significant CAGR during the forecast period.
Based on the distribution channel, the global skin toner market is categorized into hypermarkets & supermarkets, cosmetic stores, and online. Among these, the hypermarkets & supermarkets segment accounted for the biggest share in 2023 and is anticipated to grow at a significant CAGR during the forecast period. The segmental growth is due to their ubiquity in city and suburban locations, adding to convenience as well, as part of the increasing demand within this category results from consumers accessing these one-stop-shop outlets for their skincare needs.
Europe is expected to hold the majority share of the global Skin toner market during the forecast period.
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Europe is expected to hold the majority share of the global Skin toner market during the forecast period. Europe dominates the market due to cosmetics and personal care being on the rise in Europe as individuals become increasingly aware of the importance of health, well-being, and personal care products. Skin care is still the dominant driver of the cosmetics industry in Europe, representing over 27% of the market.
North America is anticipated to grow at the fastest pace in the global Skin toner market during the forecast period. The growth is due to the increasing consciousness of skin care regimens and the popularity of healthy and young-looking skin generates local market growth. Moreover, shoppers in North America are increasingly aware of the need for skin care, especially as a preventive measure against aging and environmental hazards.
Major vendors in the global School bag market are Shiseido, Debon HerbalBan, Herbaline, LUMENE, Sea Breeze, Zymo Cosmetics, Kose, Kao Corporation, Burts and Bees, The Procter and Gamble, Lotus Herbals, The Unilever, The Body Shop International Inc., and Others.
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting and Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Key Market Development
- In March 2023, Skinvest, an Indian Personal Care brand, launched CEO, a 3-in-one skincare product for the Indian audience to manage their skin efficiently.
Market Segment
This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the skin toner market based on the below-mentioned segments:
Global Skin Toner Market, By Form
- Fluid
- Mist
Global Skin Toner Market, By Product
- Organic
- Conventional
Global Skin Toner Market, Distribution Channels
- Hypermarkets & Supermarkets
- Cosmetic Stores
- Online
Global Skin Toner Market, By Regional Analysis
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa
About the Spherical Insights & Consulting
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Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company's mission is to work with businesses to achieve business objectives and maintain strategic improvements.
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