Market Insights Consumer Beauty & Personal Care

Skin Care - United Kingdom

United Kingdom

In the year 2024, the revenue generated in the Skin Care market in the United Kingdom amounts to €4.08bn.
It is projected that this market will experience an annual growth rate of 2.25% from 2024 to 2028 (CAGR 2024-2028).
When compared to other countries globally, in the United States generates the highest revenue in the Skin Care market, with a total of €22,260m in 2024.
In terms of per person revenues, in 2024, each individual in the United Kingdom contributes €59.99 to the overall revenue of the Skin Care market.
Looking ahead to 2024, it is estimated that [max[maxNon-LuxuryRevenueShare]RevenueShareValue] of the sales in the Skin Care market will be attributed to [maxNon-LuxuryRevenueShare].
The United Kingdom has seen a surge in demand for natural and organic skincare products, driven by consumers' increasing awareness of environmental sustainability and clean beauty.

Key regions: Indonesia, Worldwide, South Korea, Malaysia, United States

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Methodology

Data coverage:

The data encompasses B2C enterprises. As a basis for evaluating markets, we use resources from the Statista platform as well as in-house market research, national statistical offices, international institutions, trade associations, companies, the trade press, and the experience of our analysts. In addition, we use relevant key market indicators and data from country-specific associations such as population, GDP per capita, and Human Development Index. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, multiple forecasting techniques based on different forecasting methods, such as Autoregressive Integrated Moving Average (ARIMA) and exponential trend smoothing, can provide the most accurate forecasts.

Additional notes:

The market is updated twice a year in case market dynamics change. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level.