Summary
Skincare in Singapore industry profile provides top-line qualitative and quantitative summary information including: market size (value 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The skincare market consists of the retail sale of facial care, body care, hand care, depilatories, and make-up remover products. The market is valued according to retail selling price (RSP) and includes any applicable taxes. All currency conversions have been made using constant annual average 2024 exchange rates.
- The Singaporean Skincare market recorded revenues of $659.6 million in 2024, representing a compound annual growth rate (CAGR) of 3.9% between 2019-24.
- Market consumption volume increased with a CAGR of 1.7% between 2019-24, reaching a total of 62.5 million units in 2024.
- The moderate growth of the Singaporean skincare market during 2019-24 has been driven by heightened consumer awareness regarding health and wellness.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the skincare market in Singapore
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the skincare market in Singapore
- Leading company profiles reveal details of key skincare market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Singapore skincare market with five year forecasts
Reasons to Buy
- What was the size of the Singapore skincare market by value in 2024?
- What will be the size of the Singapore skincare market in 2029?
- What factors are affecting the strength of competition in the Singapore skincare market?
- How has the market performed over the last five years?
- What are the main segments that make up Singapore's skincare market?
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Table of Contents
1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Market volume
1.4. Market volume forecast
1.5. Category segmentation
1.6. Geography segmentation
1.7. Market share
1.8. Market rivalry
1.9. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
3.2. Market volume
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
4.3. Market distribution
5 Market Outlook
5.1. Market value forecast
5.2. Market volume forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Market share
7.2. Who are the leading players in the Singaporean skincare market?
7.3. Which companies have been most successful in increasing their market shares during 2019-24?
7.4. Which companies market shares have suffered over the same period?
7.5. What are the most popular brands in the Singaporean skincare market?
8 Company Profiles
8.1. L'Oreal SA
8.2. The Procter & Gamble Co
8.3. The Estee Lauder Companies Inc
8.4. Nu Skin Enterprises Inc
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine
List of Tables
Table 1: Singapore skincare market value: $ million, 2019-24
Table 2: Singapore skincare market volume: million Units, 2019-24
Table 3: Singapore skincare market category segmentation: % share, by value, 2019-24
Table 4: Singapore skincare market category segmentation: $ million, 2019-24
Table 5: Singapore skincare market geography segmentation: $ million, 2024
Table 6: Singapore skincare market distribution: % share, by value, 2024
Table 7: Singapore skincare market value forecast: $ million, 2024-29
Table 8: Singapore skincare market volume forecast: million Units, 2024-29
Table 9: Singapore skincare market share: % share, by value, 2024
Table 10: L'Oreal SA: Key Facts
Table 11: L'Oreal SA: Annual Financial Ratios
Table 12: L'Oreal SA: Key Employees
Table 13: L'Oreal SA: Key Employees Continued
Table 14: The Procter & Gamble Co: Key Facts
Table 15: The Procter & Gamble Co: Annual Financial Ratios
Table 16: The Procter & Gamble Co: Key Employees
Table 17: The Procter & Gamble Co: Key Employees Continued
Table 18: The Estee Lauder Companies Inc: Key Facts
Table 19: The Estee Lauder Companies Inc: Annual Financial Ratios
Table 20: The Estee Lauder Companies Inc: Key Employees
Table 21: Nu Skin Enterprises Inc: Key Facts
Table 22: Nu Skin Enterprises Inc: Annual Financial Ratios
Table 23: Nu Skin Enterprises Inc: Key Employees
Table 24: Singapore Size of Population (Million), 2020-24
Table 25: Singapore Real GDP (Constant 2010 Prices, $ Billion), 2020-24
Table 26: Singapore GDP (Current Prices, $ Billion), 2020-24
Table 27: Singapore Inflation, 2020-24
Table 28: Singapore Consumer Price Index (Absolute), 2020-24
Table 29: Singapore Exchange Rate, 2019-24
List of Figures
Figure 1: Singapore skincare market value: $ million, 2019-24
Figure 2: Singapore skincare market volume: million Units, 2019-24
Figure 3: Singapore skincare market category segmentation: $ million, 2019-24
Figure 4: Singapore skincare market geography segmentation: % share, by value, 2024
Figure 5: Singapore skincare market distribution: % share, by value, 2024
Figure 6: Singapore skincare market value forecast: $ million, 2024-29
Figure 7: Singapore skincare market volume forecast: million Units, 2024-29
Figure 8: Forces driving competition in the skincare market in Singapore, 2024
Figure 9: Drivers of buyer power in the skincare market in Singapore, 2024
Figure 10: Drivers of supplier power in the skincare market in Singapore, 2024
Figure 11: Factors influencing the likelihood of new entrants in the skincare market in Singapore, 2024
Figure 12: Factors influencing the threat of substitutes in the skincare market in Singapore, 2024
Figure 13: Drivers of degree of rivalry in the skincare market in Singapore, 2024
Figure 14: Singapore skincare market share: % share, by value, 2024
