The greentea-based skin care products size is forecast to top US$ 536.4 Mn in 2022 and exhibiting a remarkable 8.7% CAGR between 2022 and 2032. 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 greentea-based skin care productsare 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.
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.
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Key Takeaways from the Study of Tea-based Skin Care Products Market
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., LOral S.A., Natura & Co., Unilever, Purity Cosmetics Inc., Schmidts Naturals, ArtNaturals, SkinYoga, The VLCC Group, ARTDECO cosmetic GmbH, Burts Bees, Inc., Korres Natural Products Company, Kendo Holdings Inc., Dr. Bronners, 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.
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Tea-based Skin Care Products Market by Category
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The post Tea-based Skin Care Products Market East Asia Region is Expected to Retain its Dominant Position in the Global Due to High Production of Tea in the world appeared first on Future Market Insights.
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