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The global cosmeceutical ingredients market will surpass ~US$ 12 Billion in terms of value in 2027 with a CAGR of ~9% during the forecast. The cosmeceutical ingredients market is dominated by synthetic cosmeceutical ingredients however the natural cosmeceutical ingredients market is expected to expand at higher CAGR (10.8%) as compared to synthetic during the forecast

The importance of beautification to the mankind is considered as the primary driver for the growth of cosmeceutical ingredients market across the globe. Cosmeceutical products reduces the gap between cosmetics that simply cleanse & enhance the appearance and pharmaceuticals that cure and heal. Growing product awareness among consumers have propelled the demand for skin & hair beneficial products in the market which in result drives the necessity of cosmeceutical ingredients.

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Key Takeaways from the Cosmeceutical Ingredients Market Study

• According to the report, the global cosmeceutical ingredients market represents a fairly consolidated competition landscape, where a majority of key players maintain their strategic focus on the development of cosmeceutical ingredients. L’Oréal, a European cosmetic manufacturer, uses hyaluronic acid which is an active ingredient used in products such as anti-ageing creams.
• FMI identifies North America as the largest market for cosmeceutical ingredients in 2019, followed by Europe, attributable to higher demand from cosmetic products such as skincare and haircare. The awareness level is also high of North American consumers as compared to other region. Growing demand for cosmetic products, rising product awareness and increasing popularity of J-Beauty and K-Beauty are the factors will drive the East Asia market forward and is expected to expand at highest CAGR during the forecast.
• Growing product awareness, changing lifestyle and rapid urbanization fuel the demand for cosmeceutical products which has resulted to an increasing demand for cosmeceutical ingredients among cosmetic manufacturers.
• Skincare segment in cosmeceutical products are the most demanded product among consumers which further increases the demand for cosmeceutical ingredients among cosmetic manufacturers.

The cosmeceutical ingredients market has increased on account of increasing consumers concerns regarding the negative effects of using synthetic ingredient cosmeceutical products. In addition to this, growing trend of natural products have a positive impact on cosmeceutical products market which further drives the demand for cosmeceutical ingredients among manufacturers.

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Who is winning?

Some of the key players operating in the cosmeceutical ingredients market are Eastman Chemical Company, BASF SE, SEPPIC, Solvay S.A., The Dow Chemical Company, Lonza Group AG, The Lubrizol Corporation, Ashland Incorporated, Croda International plc, Robertet, Allergan Incorporated, COBIOSA, Select Botanical, NEXIRA and others.

Several leading cosmeceutical ingredients manufacturers are focusing on R&D to come up for new formulations which can change the market landscape of cosmeceutical products. Growing demand for natural ingredient based cosmeceutical products are booming in the market. Advancement in technology acts as a primary driver for manufacturers. Extraction of ingredients are performed through traditional and avant-grade technological extraction however majority of manufacturers use modern avant-grade technological process as preferred method of cosmeceutical extraction.

Cosmeceutical Ingredients Market Taxonomy

The global cosmeceutical ingredients market is segmented in detail to cover every aspect of the market and present complete market intelligence to readers.

By Ingredient Type

• Sunscreens Ingredients
• Antioxidants
• Hydroxy acids
• Retinoids (vitamin A)
• Skin lightening agents
• Botanicals
• Peptides and proteins
• Others

By Source

• Natural
• Synthetic

By Form

• Powder
• Liquid

By Application

• Skin care
• Haircare
• Oral Care
• Others (Makeup & Fragrances)

By Region

• North America
• Latin America
• Europe
• East Asia
• South Asia & Pacific
• Middle East & Africa (MEA)

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The Latin America hand soap market is estimated to expand at a CAGR of over 5.9% throughout the forecast period of 2022-2032, and it is estimated to be valued at US$ 6204.9 Million by the end of 2032.

To attract clients, several hand wash market companies are developing unique solutions such as deodorant and fragrance-free, herbal ingredient-based, and others. Furthermore, players are shifting toward using sustainable organic products with a transparent list of ingredients and focusing on eco-friendly packaging to reduce the increasing environmental cause.

Leading manufacturers of the hand soap industry are making various attempts to develop innovative product designs. One such indicator of product design change is the specific shift toward sustainable packaging alternatives.

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Using environmentally friendly packaging reduces greenhouse gas emissions. It also aids in the reduction of waste and the preservation of natural resources for succeeding generations. Companies are introducing environmentally friendly practices to boost sales but also to help to promote the product in the market as green marketing is trending and warmly accepted by the public.

Furthermore, it helps micro manufacturers create a better position in the market and gain a larger market share. Sustainable packaging materials are inexpensive, generic, accessible, and ready to be transformed by innovative design. Before the market becomes saturated, new businesses can capitalize on the increasingly popular notion.

Key Takeaways from the Latin America Hand Soap Market Study

• The hand soap market is primarily driven by independent stores and hypermarkets/supermarkets and will account for 44% of overall sales.
• Online retailers segment is anticipated to rise at a CAGR of 8.3% during the forecast period in Latin America hand soap market.
• In the coming years, Colombia and Peru are likely to emerge as most lucrative markets for hand soaps with more than 9.0% CAGR during the forecast period.
• Based on nature, organic segment is expected to witness fastest growth over the upcoming decade

“Leading manufacturers are focusing in diversifying their product segment by introducing new innovative products based on changing preferences. Furthermore, manufacturers are also focusing on adoption of new technology and quality of raw material to manufacture premium and organic soaps to gain revenue.” Says an FMI analyst.

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Who is winning?

Leading manufacturers of Latin America hand soap are focused on aggressive promotional strategies, advertisements, and new product launches that have driven sales growth of Latin America hand soap market globally.

Major players present in the Latin America hand soap market are Procter & Gamble Company, Unilever PLC., Henkel AG & Co. KGaA, Reckitt Benckiser Group PLC, Gojo Industry Inc., Vi-Jon Laboratories, Inc., S. C. Johnson & Son, Inc., The Clorox Company, Colgate-Palmolive Company, and Daryza S.A.C., are among others.

Get More Valuable Insights

Future Market Insights, in its new offering, provides an unbiased analysis of the global Latin America hand soap market, presenting historical demand data (2017-2021) and forecast statistics for the period from 2022-2032. The study divulges compelling insights on the Latin America hand soap market based on Product Type (Liquid, Bar and Others), Nature (Natural/Organic and Synthetic), Scent Type (Scented and Un-scented), Application (B2B and B2C) across various countries of Latin America.

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About Future Market Insights, Inc.

Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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The overall demand in the global deodorant stick market is anticipated to grow at a 7.1% CAGR from 2022 to 2027, reaching a value of US$ 1,913.4 Million by 2022. The rising focus on personal wellness is expected to boost sales of deodorant sticks. As a result, the deodorant stick market is anticipated to rise by 7.30% annually in 2022.

Companies are now offering products without aluminum, alcohol, parabens, and synthetic fragrances in response to the increasing consumer awareness of skin damage and side effects caused by using conventional deodorants & antiperspirants. These new products offer additional benefits such as nourishment, conditioning, and smoothening of the skin.

Such alcohol-free antiperspirants are highly in demand across the globe is creating a significant CAGR of 8.9% in the market over the forecast period. Moreover, over the last few years, there has been an increasing trend of including natural ingredients such as sweet jasmine, eucalyptus, Shea butter, coconut oil, and other natural ingredients in deodorant stick is also driving the demand for global deodorant stick across the globe.

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Companies are now offering products without aluminum, alcohol, parabens, and synthetic fragrances in response to the increasing consumer awareness of skin damage and side effects caused by using conventional deodorants & antiperspirants. These new products offer additional benefits such as nourishment, conditioning, and smoothening of the skin.

Who is winning?

Some of the key players operating in the deodorant stick market are The Estée Lauder Companies Inc., Unilever PLC, L’Oréal S.A., Procter & Gamble, Beiersdorf AG, Colgate-Palmolive Company, Mandom Corporation, Lion Corporation, The Body Shop International Ltd., Knowlton Development Corporation, and others.

Several prominent market players are significantly introducing new products in the market 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 2019, Lamazuna introduced a solid deodorant in an outer board box without other packaging/casing in an effort to be more eco-friendly. The product is also handmade, vegan, free from aluminum salt, and contains organic palmarosa essential oil.
• In 2017, Unilever introduced a personal care brand ‘Love Beauty and Planet’ in the U.S. This brand primarily offers deodorant sticks, shampoos, conditioners, and body washes with natural ingredients. The company claims that these products are free from harmful ingredients such as parabens. Additionally, the bottles used for packaging are 100% recycled plastic and are 100% recyclable.

The global deodorant stick market is segmented in detail to cover every aspect of the market and present complete market intelligence to readers.

Product Type

• With-Alcohol
• Alcohol-Free

Packaging Material

• Glass
• Metal
• Plastic

Sales Channel

• Store Based Retailing
• Online Retailing

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Key Takeaways from the Deodorant Stick Market Study

• According to the report, manufacturers are strengthening their partnership in the high growth region and expanding their products offerings across the market. The companies’ focuses on building better and more influential advertisements for the deodorant stick products such as exclusive and clear information on package to attract more consumers, today the consumers are looking for more information on what they are applying. Hence, a package with information on particulars of the ingredients and benefits are highly preferred by the buyers.
• The companies are investing in innovation and development by offering products with better ingredients. They have started new product ranges such as vegan, free from aluminum salt, skin-friendly, alcohol-free, and many more.
• The Europe region is expected to retain its dominant position in the global deodorant stick market, due to high cosmetics and personal care demand and frequently use of deodorants as a daily grooming routine among male population in the region.
• Among product type, the alcohol-free segment is anticipated to show a relatively higher CAGR in the global deodorant stick market in the near future, as it reduces the formulation of sweat and offer long-lasting protection coupled with rapidly growing adoption of alcohol-free deodorants among customers with sensitive skin.

Growing consumer’s interest towards daily grooming products, especially among the urban population in emerging nations, is anticipated to propel demand for deodorant stick in the foreseeable future. Majority of the people in urban areas use deodorants as a part of their daily grooming routines.  Exposure to newer products as a result of peer association, and higher product visibility in urban areas are some factors expected to further drive demand for personal grooming products. Majority of the population in the BRIC region currently resides in urban areas. The urban population in BRIC is around 85%, 74%, 32%, and 54% in Brazil, Russia, India, and China respectively.

Deodorant Stick Market by Category

Product:

• With-Alcohol
• Alcohol-Free

Packaging Material:

• Glass
• Metal
• Plastic

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Sales Channel:

• Store Based Retailing
• Online Retailing

Region:

• North America
• Latin America
• Europe
• East Asia
• South Asia
• MEA
• Oceania

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About Future Market Insights, Inc.

Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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The global premium cigarette market is expected to be valued at US$ 10,530 Million in 2022. The overall demand for premium cigarettes is projected to grow at a CAGR of 6.8% between 2022 and 2032, totalling around US$ 20,330.2 Million by 2032.

Availability of high quality cigarettes for curious smokers will also drive the sales of Premium cigarette worldwide in the near future. However, stringent government regulations to obtain organic certifications for cigarette and restrictive conditions of the tobacco industry may hamper the growth of the market to some extent.

The availability of premium cigarettes will see significant growth in the long run, owing to the fact that some people are willing to spend more on their smoking habit.

Availability of high quality cigarettes for curious smokers will also drive the sales of premium cigarettes worldwide in the near future.. The availability of Premium cigarettes will see significant growth in the long run, owing to the fact that some people are willing to spend more on their smoking habit.

Find a comprehensive report summary that describes the market size and forecast along with the research methodology. Sample report is available in PDF format@ https://www.futuremarketinsights.com/reports/sample/rep-gb-13231

What is Driving Demand for Premium Cigarette?

To attract smokers, companies are using organic, natural, and additive-free tobacco labels, which is driving sales of Premium cigarettes. Farmers are also significantly investing in organic farming methods to enhance the crop yield.

Moreover, over the last few years, smokers have shifted their focus towards cigars and cigarettes developed from organic tobacco, creating an opportunity in the Premium cigarette market. In addition to traditional cigarettes, companies are introducing Premium brands with menthol capsules.

These capsules add menthol flavor to cigarettes to improve the tobacco blend. Premium cigarettes with flavor capsules are more popular among youngsters owing to the novelty of smoking some flavored cigarettes.

Covid-19 Pandemic Affected the Sales of Cigarettes and Premium Brands

Because of the unavailability and increased cost of tobacco products, the ongoing covid-19 pandemic has sharply reduced global Premium cigarette sales. Furthermore, tax increases and nationwide lockdowns in various countries are contributing factors to a decline in cigarette and Premium brand sales volume in 2020.

In addition, post the covid-19 pandemic, cigarette sales will be challenged among people who are more health conscious, limited or quit tobacco consumption during the pandemic, and concerned about being infected by coronavirus if they consume tobacco products.

Governments around the world have also increased their awareness programs about the harmful effects of tobacco during the coronavirus pandemic, which may impede market growth to some extent.

However, in order to survive in the market place, companies are improving their strategies and started lowering some of the harmful chemicals used in cigarettes such as tar and nicotine and offering a unique selling proposition to retain their customers.

Additionally, some curious smokers who purchase Premium brands in order to stand out from the crowd are likely to boost Premium cigarette demand over the course of the evaluation period.

China is currently dominating the Global Premium Cigarette Market

More than half of the top cigarette brands sales are generated from Asia-Pacific market. As, cigarette consumption is more associated with low and medium- Human Development Index (HDI) countries. Also, Asian consumers are particularly fond of long-standing, well-reputed and traditional cigarette brands.

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China is one of the leading markets for Premium cigarettes globally, as there are around one-third of the world’s total smokers in China. Around 26% of adults aged 15 and above are current smokers in China, which could be the potential customers for Premium cigarette brands in the near future. Moreover, gifting cigarettes and its related products is deeply rooted in Chinese culture particularly in rural areas continues to drive demand for Premium cigarettes. se country’s demand for Premium cigarettes is expected to grow at a significant rate during the assessment period 2021-31, owing to the fact that gifting cigarettes, primarily Premium cigarettes, during holidays or special occasions is a sign of respect and a status symbol among Chinese people.

Demand for Premium cigarettes in China will be led by the male population, as the consumption of tobacco among adult men is significantly higher compared to females.

Who are the Key Manufacturers and Suppliers of Premium Cigarette?

Some of the leading manufacturers and suppliers of Premium cigarette include

• Reynolds American, Inc.
• Parliament Hybrid
• ITG Brands, LLC
• JTI-Macdonald Corp.
• British American Tobacco PLC
• Philip Morris USA Inc.
• The Nat Sherman Company
• Gallaher Group
• Imperial Tobacco Group
• J. Reynolds Tobacco Company
• The Chancellor Tobacco Company
• China Tobacco
• Thailand Tobacco Monopoly
• Wilh. from Eicken GmbH

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The smoking experience and tobacco quality are the most important attributes to smokers. Thus, many prominent players in the cigarette market are expanding their product portfolio by significantly investing in premium brands with superior quality, heritage, and more appealing packaging appearance, which makes their Premium brands stand out from mass brands.

Some companies are also creating new smoke-free alternatives and organic flavored tobacco portfolios with fewer or no harmful substances.

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments.

Key Segments of Premium Cigarette Market

By Product Type:

• Flavored
• Non-Flavored

By Format:

• Slim
• Super Slim
• King Size
• Regular

By Sales Channel:

• Specialty Stores
• Multi-brand Stores
• Independent Tobacco Shops
• Online Retailers
• Others

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About Future Market Insights, Inc.

Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact Us:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
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The U.K. pet grooming market is estimated to expand at a CAGR of over 5.7% throughout the forecast period of 2022-2032, and it is estimated to be valued at US$ 913.8 Million by the end of 2032.

The U.K. pet grooming market is expected to benefit from growing presence of mobile pet grooming salons. These mobile pet groomers provide premium services and also use organic products. Hence, pet owners are willing to invest extensively to ensure that their pets have properly cared for.

Mobile pet grooming salons are the perfect solution for pet owners with busy schedules as they provide particular care to animals and are also handy. For instance, Aussi Pet Mobile is one of the firms that provide mobile pet grooming salons for cats and dogs.

Furthermore, these services save time and are beneficial to both pet owners and pets because they are quick and people do not have to spend time waiting in queues. Additionally, mobile pet grooming services are less expensive than permanent grooming facilities, hence, their popularity among pet owners is expected to rise in the near future.

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Moreover, mobile groomers offer services at the doorstep, and pet owners are willing to pay for higher service. The portable vans used to provide such grooming services also serve as a marketing medium.

Key Takeaways from the U.K. Pet Grooming Market Study

• Online sales segment is expected to be the leading segment in terms of sales channel in the U.K. pet grooming market.
• In terms of product type, shear and trimming tools are likely to generate high demand in the market.
• Based on pet type, the dog segment will register fastest growth over the upcoming decade.
• By price range, the US$ 25-US$ 35 segment might witness positive growth in the U.K. pet grooming market

“Key players in the U.K. pet grooming market are focusing on expanding their footprint and increasing sales by releasing natural and luxury products for pets. This would aid in the development of long-term consumer connections in order to retain existing customers and promote brand loyalty.” Says an FMI analyst.

Who is winning?

Leading manufacturers in the U.K. pet grooming market are focused on aggressive promotional strategies, advertisements, and new product launches that have driven sales growth of pet grooming market in the U.K.

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Major players present in the U.K. pet grooming market are Beaphar, Spectrum Brands Inc., Company of Animals, Vital Pets, Milly’s, Ferplast S.p.A., Ancol Pet Products Limited, Rolf C. Hagen Inc., The Hartz Mountain Corporation, Groomer’s Choice, Nap Pets (Himalaya Herbal Healthcare), Earthbath, Tecla Company, Synergy Labs, Petco Animal Supplies Inc., and Coastal Pet Products Inc. among others.

U.K. Pet Grooming Market by Category

By Product Type:

• Conditioner & Shampoo
• Combs & Brushes
• Shear & Trimming Tools
• Others

By Price Range:

• US$ 5-15
• US$ 15-25
• US$ 25-35
• US$ 35 and Above

By Pet Type:

• Dogs
• Cats
• Birds
• Fish & Reptiles
• Small Pets
• Horses

By Sales Channel:

• Modern Trade
• Convenience Stores
• Care Service Centers
• Online Retail
• Support Care Centers
• Pet Specialty Stores

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About Future Market Insights, Inc.

Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact Us:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
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For Sales Enquiries: sales@futuremarketinsights.com

The global dog food toppers market is estimated to expand at a CAGR of over 8.7% over the forecast period of 2022-2032, as per Future Market Insights (FMI). Sales in the market are estimated to be reach US$ 11,910.9 Million by the end of 2032.

An increasing number of pet owners across the globe are frequently spending on premium products and services for their dogs’ well-being. Hence, with growing trend of pet humanization, the expansion of the dog food topper market is predicted to rise over the upcoming decade.

Further, expenditure on pet food includes, pet healthcare, and other associated costs. Hence, key players are introducing healthy and nutritional pet food products as per the pets’ requirement. They are also focusing on including customized products and developing liquid dog food toppers.

According to an independent study in 2018, in the U.S., pet expenditure has increased by more than 50% from 2013. The significant portion of the expenditure made was on pet food, where premium pet food with premium and good quality ingredients was frequently purchased, followed by other natural and generic food. The remaining expenses accounted for expenses made in pet supplies, veterinary, and pet services.

Find a comprehensive report summary that describes the market size and forecast along with the research methodology. Sample report is available in PDF format@ https://www.futuremarketinsights.com/reports/sample/rep-gb-12019

Key Takeaways from the Dog Food Toppers Market Study

• Based on product type, dry topper segment is expected to witness incremental growth over the assessment period
• In terms of packaging type, the bags and pouches segment will register steady growth in the forthcoming decade.
• Hypermarkets and supermarkets are expected to hold a lion’s share in the dog food topper market during the forecast period.
• Based on sales channel, the online retailer segment is anticipated to rise at a rapid rate in the dog food toppers market.

“Dog food topper producers are developing strategies and collaborating with online sales channels to expand their product line. They are also introducing products with extended shelf life and customization to gain revenue.” Says an FMI analyst.

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Who is winning?

Leading manufacturers of dog food toppers are focused on aggressive promotional strategies, advertisements, and new product launches that have driven sales growth of dog food toppers market globally.

Major players present in the dog food toppers market Stella & Chewy’s, The Honest Kitchen, Blue Buffalo Co., Ltd., Nature’s Variety, Merrick Pet Care, Inc., Castor & Pollux Natural Petworks, Mars Incorporated, Only Natural Pet, Petco Animal Supplies, Inc. (WholeHearted), Applaws Natural Cat and Dog and Cat Food, and Tiki Pets among others.

Get More Valuable Insights

Future Market Insights, in its new offering, provides an unbiased analysis of the global dog food toppers market, presenting historical demand data (2017-2021) and forecast statistics for the period from 2022-2032. The study divulges compelling insights on the dog food toppers market based on product type (dry topper and wet topper), packaging type (pouches, bags, can, and bottle & jars), packaging size (0-10, 10-20, and above 20), life stage (puppy & adult), sales channel (hypermarkets/supermarkets, convenience stores, pet specialty stores, independent grocery retailers, drugstores, online retailers, and others) across seven major regions

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Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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The market for green tea-based skin care products is anticipated to reach US$ 536.4 Million in 2022 and display an astounding 8.7% CAGR from 2022 to 2032. This is because consumers are becoming more conscious of natural personal care products, and manufacturers want to switch out conventional substances with natural alternatives.

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. 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 ~8.7% between 2022 and 2032, Future Market Insights foresees stable growth for the market.

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“Prominent players in the global tea-based skin care market can gain significant profits by introducing novel tea-compounds into their beauty care offering. Companies can also be shifting their focus towards sustainable raw materials and replacing synthetic chemicals with natural ingredients.” says an FMI analyst.

Key Takeaways from the 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 reduces 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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About Future Market Insights, Inc.

Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact Us:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
LinkedIn| Twitter| Blogs | YouTube
For Sales Enquiries: sales@futuremarketinsights.com