Global cosmetic skin care market seen reaching $151.02 billion by 2031

ResearchAndMarkets forecasts 5.52% growth from 2025 as e-commerce, clean-label demand and dermocosmetics support expansion, while fragmented regulation raises costs; related preservatives demand is also projected to grow.

Summary

The global cosmetic skin care market is projected to grow from $109.40 billion in 2025 to $151.02 billion by 2031 at a 5.52% CAGR, according to ResearchAndMarkets, with demand supported by aging consumers, interest in long-term skin health, e-commerce expansion, and preference for organic, natural and clean-label ingredients. The report highlights dermocosmetics and multi-functional routines as important trends, while warning that fragmented ingredient-safety and environmental rules are increasing testing, reformulation and supply-chain costs. In a related ResearchAndMarkets forecast, the cosmetic preservatives market is expected to rise from $0.59 billion in 2026 to $0.77 billion by 2031 at a 5.7% CAGR, with skin care and South America projected to post the second-fastest growth by value.

Terms & Concepts
  • Dermocosmetics: Medically validated skin care products
  • compound annual growth rate: Annualized growth rate over a period
  • clean-label ingredients: Ingredients presented as transparent and less synthetic