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Human skin is known to be sensitive to environmental changes and is considered the first barrier to protect it from potential environmental stressors such as pollution and UV rays. Ongoing research has revealed how cutting-edge key ingredients can harness their natural abilities to aid in the skin's defense and response.

There are some skincare companies, which are constantly investing a major part of their revenue in research and development to bring new products to market. As pollution levels increase, the damage to human skin is becoming more apparent. People are now ready to pay an extra penny on evolutionary products that promise to protect and heal their skin from adverse environmental effects.

There are a new class of skincare products available in the market and commonly classified asÌý

• Anti-Aging: The class of skin care products marketed with the promise of making the consumer look younger by reducing, masking, or preventing signs of skin aging.
• Anti-Pigmentation: ÌýAnti-Pigmentation promises to treat or lighten the skin pigmentation/patches or spots on the skin which are usually darker than the skin's original color.
• Anti-Dehydration: Dehydrated skin is a sign of lacking water. A skin cream containing lactic acid and glycolic acid is generally recommended for dehydrated skins.
• Sun Protection: Sunscreen promises to protect the skin from sunburn of varying degrees due to Ultraviolet (UVA and UVB) radiation.

Skincare Market Size

The global Skincare Product market size including Face cream and ÌýBody lotion, is estimated to be USD 119 billion in 2026 which was around USD 110 billion in 2020. Anti-pollution skincare products market size was estimated around USD 7.6 billion in 2018 and is expected to reach around USD 10 billion by 2025.

Leading Skincare Company in Focus: The Estée Lauder Companies Inc.

Estée Lauder Companies Inc., is one of the world’s leading manufacturers, marketers, and sellers of quality skincare, makeup, fragrance, and hair care products. The company's broad range of skincare products addresses various skincare needs. These products include moisturizers, serums, cleansers, toners, body care, exfoliators, acne care and oil correctors, facial masks, and sun care products.

Financial Performance of The Estée Lauder Companies Inc.

In FY 2021, the global premium skincare segment continued to lead the product category and as well overall growth of the company. The company's net sales increased to USD 16.21 billion in FY 21 from USD 14.29 in FY 2020.
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Estée Lauder's revenue from the Skincare segment has reached USD 9.48 billion in FY 21, from USD 7.38 billion in 2020.
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1. Estée Lauder's reported skincare net sales increased in fiscal 2021, primarily reflecting higher net sales from Estée Lauder, La Mer, Clinique, and Dr. Jart+, combined, of approximately USD 1.9 billion, as well as incremental net sales attributable to their acquisition of Dr.ÌýJart+ and the increase in the company's ownership of DECIEM in the fiscal 2021 fourth quarter, combined, of approximately USD 332 million.
2. The company's net sales increased due to travel retail business (primarily in Hainan) and mainland China, reflecting strong growth from direct-to-consumer online net sales of products from these brands primarily due to successful holiday and promotional events.Ìý
3. The continued success of hero product franchises, such as Advanced Night Repair, Nutritious, Micro Essence, Revitalizing Supreme+ and Re-Nutriv, as well as fiscal 2021 product launches, such as Advanced Night Repair Synchronized Multi-Recovery Complex and Revitalizing Supreme+ Bright, has propelled the sales in FY 2021.Ìý
4. The sales figure benefited from the continued success of hero products, such as The Treatment Lotion, Crème de la Mer, The Moisturizing Soft Cream, and The Concentrate, as well as the fiscal 2021 launch of the Genaissance de la Mer The Concentrated Night Balm and targeted expanded consumer reach.
5. Net sales increased from Clinique, primarily due to higher net sales in their travel retail business (primarily in Hainan), and higher net sales in North America and mainland China, reflecting the continued success of existing products, such as Dramatically Different products and Even Better Clinical Radical Dark Spot Corrector + Interrupter, new product.
   (Source: Annual Report)

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