Global Skincare Market Value Analysis and YoY Growth (2025–2032)

The global skincare market witnessed steady expansion in 2025, supported by rising awareness of personal grooming, increasing demand for creams, lotions, and sprays, and the growing integration of daily skincare routines among consumers. In 2025, the global skincare market was valued at USD 159.86 billion, driven by strong consumer preference for functional and premium skincare products across both developed and emerging economies. Expanding adoption among men and women and improved product accessibility through cosmetic stores and supermarkets supported consistent market performance.
The global skincare market is estimated to reach USD 168.52 billion in 2026. From 2027 to 2032, the market is projected to expand steadily, reaching USD 231.31 billion by 2032. Growth is expected to be supported by the expanding role of online distribution channels, increasing brand penetration, and continuous innovation in skincare formulations. Rising consumer focus on skin health, product quality, and convenience is projected to sustain demand, resulting in a stable YoY growth rate of 5.42% over the forecast period.