Market Overview
The skin care products market is segmented by product type, distribution channel, and region. By product type, the market is divided into face creams and moisturizers, cleansers and toners, sun care products, serums and essences, masks, and others. Face creams and moisturizers held the largest revenue share of 42.11% in 2022 and are expected to maintain their lead over the forecast period.
By distribution channel, the market is divided into offline and online. The offline distribution channel held the largest revenue share of 67.45% in 2022 and is expected to maintain its lead over the forecast period. However, the online distribution channel is expected to grow at the highest CAGR over the forecast period, due to the increasing popularity of e-commerce and the convenience it offers to consumers.
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