The global tea-based skin care products market size is forecast to top US$ 536.4 Mn in 2022. Rising expenditure in natural personal care and beauty products across the globe will boost sales at a robust 8.7% CAGR, with the market valuation reaching US$ 1229.7 Mn in 2032.
The demand for plant based ingredients in the skin care industry is gaining attraction over the last few years. This is due to increase in consumer awareness for natural personal care products and the desire of manufacturers to replace conventional ingredients with natural variants.
Therefore, with increasing demand for natural cosmetics due to their long-term health benefits, the green tea-based skin care products are growing attaining popularity over the forecast period. Tea is produce from the Camellia sinensis plant- a small evergreen shrub native to East Asia region.
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Green tea has various essential elements such as polyphenols, tannins, protein, minerals, amino acids, carbohydrates, and others. Using green tea as an ingredient in skin care products provide various health benefits such as potent free radical scavengers, strong antioxidant herbs, acne management, dermatological benefits, and many more. Projected to rise at a CAGR of ~8.9% between 2019 and 2027, Future Market Insights foresees stable growth for the market.
| Attribute | Details |
| Tea-based Skin Care Products Market Estimated Size 2022 | US$ 536.4 Mn |
| Tea-based Skin Care Products Market Value-based CAGR (2022-2032) | ~8.7% |
| Tea-based Skin Care Products Market Projected Size 2032 | US$ 1229.7 Mn |
Key Takeaways from the Tea-based Skin Care Products Market Study
- According to the report, various prominent players are rapidly expanding their market footprint through various strategic partnership with major regional distributors and players. This is also intended to expand their product portfolio by adding new naturally derived skin care products. Currently key players are significantly investing in research and development activities to boost manufacturing capabilities and to have a competitive edge among their competitors.
- Companies are incorporating green tea in their skin care products in extract form. Additionally, they are developing their own green tea extracts to ensure high quality, purity, concentration, and others.
- The East Asia region is expected to retain its dominant position in the global tea-based skin care products market, due to high production of tea in the world and people in the region consider it as a remedy which was discovered thousands of years ago in China.
- Among tea type, the green tea segment is expected to exhibit a comparatively higher CAGR in the global tea-based skin care products market in the near future, as it has high antioxidants benefits when applied topically. It also reduce oxidative stress and neutralise free radicals.
The rapidly growing trend of beauty supplements to enhance the radiance, smoothness of the skin, and reduce problems related to aging. Therefore, to boost the overall appearance consumers are including such products into their daily routine. Manufactures are also improving their formulas to introduce novel beauty supplements.
The tea is one of the excellent beauty improving ingredient used in supplements and skin care products which has a positive impact on the market. Consuming tea-based supplements in right amount provides various beauty benefits such as healing properties, skin disorder treatment, improving metabolism, and many more.
In skin care products the tea is used in various forms such as extract, camellia seed oil, leaf powder, and others. However, the effectiveness of tea as an ingredient is depend on many factors such as concentration level, tea quality, processing method, etc. This above mention factors is boosting the demand for tea-based skin care products market over the forecast period.
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Who is winning?
Some of the key players operating in the tea-based skin care products market are Laboratories du Palais Royal, AmorePacific Corporation, Organic Tea Cosmetics Holdings Co Ltd., Avon Products, Inc., L’Oréal S.A., Natura & Co., Unilever, Purity Cosmetics Inc., Schmidt’s Naturals, ArtNaturals, SkinYoga, The VLCC Group, ARTDECO cosmetic GmbH, Burt’s Bees, Inc., Korres Natural Products Company, Kendo Holdings Inc., Dr. Bronner’s, Avalon Natural Products, Inc., Elizabeth Arden, Inc., BCL SPA, and others.
Several prominent market players are entering into strategic partnership with various stakeholders to expand their product portfolio, market footprint, and enter into luxury business segment. Besides this, mergers and acquisitions often allows them to gain competitive advantage.
- In June 2019, Unilever acquired Tatcha LLC to increase its product offering in skin care products based on a green tea ingredient.
- In 2018, Innisfree established its first store in NYC’s Union Square, USA. This helped company to improve its customer base in North America through expanding product offering and attracting new customers through various innovative products and promotional strategies.
Tea-based Skin Care Products Market by Category
Product Type:
- Creams & Lotions
- Serums
- Face Packs/Masks
- Cleansers
- Other Skincare Products
Tea Type:
- Black Tea
- Green Tea
- Others
Skin Type:
- Dry
- Combination
- Normal
- Sensitive
- Oily
Sales Channel:
- Direct Selling
- Specialty Outlets
- Supermarkets/Hypermarkets
- Convenience Stores
- Beauty Stores
- E-Retailers
- Other Sales Channel
Region:
- North America
- Latin America
- Eastern Europe
- Western Europe
- Asia Pacific excluding China & Japan
- Japan
- China
- Middle East & Africa
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