Asia-pacific Cosmeceutical Market - Industry Analysis, Market Size, Share, Trends, Growth And Forecast 2021 - 2026

Report Code: FBR 58957 Report Format: PDF + Excel (Delivery in 48 Hrs)

Asia-Pacific Cosmeceutical Market Overview

Asia-Pacific Cosmeceutical Market size is $12Billion in 2020, growing at a CAGR of 7.2% during the forecast period 2021-2026. Cosmeceuticals are cosmetic products that are biologically active, claiming to have advantages like medications. They cover a range of personal care items used. These are available commercially as either pharmaceutical drugs or over-the-counter items. Thanks to a move from synthetic personal care products to organic products, cosmeceuticals are in high demand.  The desire for a visually desirable lifestyle and evolving behaviours would contribute to a broader acceptance of cosmeceuticals. In favour of the development of the general market for cosmeceuticals, the presence of many large-scale suppliers would arise. The demand for the least side effects of natural products would open immense opportunities for companies operating on the market.

Report Coverage

The report: “Asia-Pacific Cosmeceutical Market – Forecast (2021-2026)”, by IndustryARC covers an in-depth analysis of the following segments of the Asia-Pacific Cosmeceutical Market. 
By Product Type: Skin Care- Repair or Anti-aging, Cleanser, Moisturizer, Sunscreen and Others, Hair Care - Shampoo, Conditioner, Oil Serum, Wax Mousse and Others, Oral Care- Toothpaste, Mouthwash and Others.
By Distribution Channel: Supermarket/Hypermarket, Beauty Salons, Specialty Stores, E-Commerce, and Others
By Country: China, India, Japan, South Korea, Australia & New Zealand, and Rest of Asia-Pacific.

Key Takeaways

  • The growing awareness of beauty and cosmetic products, such as anti-ageing, sun care, and hair care products, accelerating the Cosmeceutical demand over the forecast years 2021-2026. 
  • The demand for anti-ageing products to prevent hair damage, ageing spots, uneven skin tone, dry skin, and wrinkles is likely to be the major driving factor for the market’s growth.
  • China is projected to record the fastest growth rate during the forecast period 2021-2026.

Asia-Pacific Cosmeceutical Market Segment Analysis - By Product Type

In 2020, Skin Care segment dominated the Asia-Pacific Cosmeceutical Market in terms of revenue owing towards rising production of monoclonal antibodies (MAb) therapeutics. Exposure to harmful ultraviolet radiation causes premature ageing of the skin or even leads to cancer of the skin. By using preventive skincare products, this understanding has increased the consumer's emphasis on preserving their skin. In addition, demand for a multifunctional product is forecasted to drive the growth of cosmetic sun-care products over the forecast period. For instance, Ponds BB & Lakme CC creams, apart from a make-up serum and a moisturizer, also act as sunblock cream abetting towards the growth of the market. Hair Care is estimated to record the fastest CAGR of 7.7% during the forecast period 2021-2026 owing to the demand for items such as hair oil, hair dye, shampoo and conditioner is growing. In addition, eradication of the unwanted build-up without flaking off a lot of serum to make the hair unmanageable drives customers to purchase branded items for hair care.

Asia-Pacific Cosmeceutical Market Segment Analysis - By Distribution Channel

In 2020, E-Commerce segment dominated the Asia-Pacific Cosmeceutical Market in terms of revenue owing towards rising production of monoclonal antibodies (MAb) therapeutics and other biological using animal cell cultures. The famous e-commerce sites such as Amazon.in, Nyka and others are encouraged to gain popularity by offering these cosmetic items in some areas with comparatively fewer speciality stores, apart from the major market players. This indirectly increases the sales of goods through the online platform. In addition, prices available online are comparatively higher than in shops, attracting buyers and growing sales of goods aiding towards the growth of the market. Supermarket/Hypermarket is estimated to record the fastest CAGR of 7.5% during the forecast period 2021-2026 owing to the promotions and various marketing strategies of the distributors and manufacturers in the specialty stores, such as offers on bulk sales.

Asia-Pacific Cosmeceutical Market Segment Analysis - By Country

In 2020, Japan dominated Asia-Pacific Cosmeceutical Market in terms of revenue with a market share of 28% owing towards rising public & private funding for R&D in this country. According to World Trade Organization, Japan's population is one of the most active users of cosmetics, ranking it among the top five national markets for personal care products. A relatively high awareness of cosmeceutical and cosmetic products such as skin whitening, anti-ageing, facial serums & face oils is mainly owing to the growing youth population. Owing to the high cost of these products, the suppliers in the country make their products accessible to consumers to broaden their consumer base aids to the market’s growth. The popularity of e-commerce or e-tailing in the area has made people reach out to these goods for better quality brands. In addition, improving living standards are forecasted to drive the demand in this Country. China is forecasted to record the fastest growth rate during the forecast period 2021-2026 owing to busier and stressful consumer lifestyles in the country. Also, deteriorating environmental conditions have created greater concern among customers seeking skin rejuvenation products about skin conditions driving the market growth.

Asia-Pacific Cosmeceutical Market Drivers

Rapid Growth of Ageing Population

Consumers are increasingly searching for methods and products to preserve and enhance their appearance to look youthful and attractive, particularly the ageing population, more so with the growing knowledge of anti-ageing products. Ageing anxiety is particularly faced by middle-aged individuals, owing to the high incidence of extrinsic symptoms of ageing. Anti-ageing skin products, since they overlap the distinction between cosmetics and pharmaceuticals, are known as cosmeceuticals aids to market growth. The declining rate of fertility and mortality has resulted in a sustained increase in the region's ageing population, especially in China and Japan. The market growth is driven by a strong desire among men and women to maintain youthful appearances that has groomed and nurtured the cosmetic industry across the region.

Asia-Pacific Cosmeceutical Market Challenges

Lax Regulations and Lack of Organizational Concerns 

Lax regulations act as a major constraint on the growth of the industry as they give scope for the growth of fake products on the market, causing harm to skin and hair. As opposed to drugs, the regulatory system for cosmeceutical products is ambiguous and not strict. New products introduced most of the time are subject to regulatory review uncertainty. This regulatory ambiguity leads to the market launch of counterfeit products, which hampers the reputation of the cosmetics market.

Asia-Pacific Cosmeceutical Industry Outlook 

Product Launches, Merger & Acquisition, joint ventures and R&D activities are key strategies adopted by the players in the Asia-Pacific Cosmeceutical Industry. Asia-Pacific Cosmeceutical top 10 companies include Beiersdorf AG, CosMedix., Loreal International, Laboratoires VIVACY, NATUMIN PHARMA AB, Robert Blondel Cosmtiques, SkinCeuticals., The Este Lauder Companies Inc., The Procter Gamble Company and Unilever

Acquisitions/Product Launches

  • In October 2017, Unilever launched eco-friendly beauty brand Love Beauty and Planet consisting of 18 hair care products and 8 body products. The hair care products include hair oil, shampoo, conditioner and dry shampoo.
  • In January 2020, The Procter Gamble Company acquired DTC brands. This acquisition helped P&G grow its business in new areas, learn new ways to market like performance marketing and to retool its brand teams structure to mirror startups. 

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1. Asia-pacific Cosmeceutical Market - Overview
        1.1 Definitions and Scope
2. Asia-pacific Cosmeceutical Market - Executive summary
        2.1 Market Revenue, Market Size and Key Trends by Company
        2.2 Key Trends by type of Application
        2.3 Key Trends segmented by Geography
3. Asia-pacific Cosmeceutical Market
        3.1 Comparative analysis
            3.1.1 Product Benchmarking - Top 10 companies
            3.1.2 Top 5 Financials Analysis
            3.1.3 Market Value split by Top 10 companies
            3.1.4 Patent Analysis - Top 10 companies
            3.1.5 Pricing Analysis
4. Asia-pacific Cosmeceutical Market - Startup companies Scenario Premium
        4.1 Top 10 startup company Analysis by
            4.1.1 Investment
            4.1.2 Revenue
            4.1.3 Market Shares
            4.1.4 Market Size and Application Analysis
            4.1.5 Venture Capital and Funding Scenario
5. Asia-pacific Cosmeceutical Market - Industry Market Entry Scenario Premium
        5.1 Regulatory Framework Overview
        5.2 New Business and Ease of Doing business index
        5.3 Case studies of successful ventures
        5.4 Customer Analysis - Top 10 companies
6. Asia-pacific Cosmeceutical Market Forces
        6.1 Drivers
        6.2 Constraints
        6.3 Challenges
        6.4 Porters five force model
            6.4.1 Bargaining power of suppliers
            6.4.2 Bargaining powers of customers
            6.4.3 Threat of new entrants
            6.4.4 Rivalry among existing players
            6.4.5 Threat of substitutes
7. Asia-pacific Cosmeceutical Market -Strategic analysis
        7.1 Value chain analysis
        7.2 Opportunities analysis
        7.3 Product life cycle
        7.4 Suppliers and distributors Market Share
8. Asia-pacific Cosmeceutical Market - By Product Type(Market Size -$Million / $Billion)
        8.1 Market Size and Market Share Analysis
        8.2 Application Revenue and Trend Research
        8.3 Product Segment Analysis
9. Asia-pacific Cosmeceutical Market - By Type(Market Size -$Million / $Billion)
        9.1 MARKET SEGMENTATION
            9.1.1 By Product Type
                 9.1.1.1 Skin Care
                 9.1.1.2 Hair Care
                 9.1.1.3 Lip Care
                 9.1.1.4 Oral Care
            9.1.2 By Distribution Channels
                 9.1.2.1 Hypermarkets and Supermarkets
                 9.1.2.2 Convenience Stores
                 9.1.2.3 Online
                 9.1.2.4 Speciality Stores
        9.2 COMPETITIVE LANDSCAPE
            9.2.1 Most Active Companies
            9.2.2 Key Staretegies Adopted
10. Asia-pacific Cosmeceutical - By Application Type(Market Size -$Million / $Billion)
        10.1 Segment type Size and Market Share Analysis
        10.2 Application Revenue and Trends by type of Application
        10.3 Application Segment Analysis by Type
11. Asia-pacific Cosmeceutical- By Geography (Market Size -$Million / $Billion)
        11.1 Asia-pacific Cosmeceutical Market - North America Segment Research
        11.2 North America Market Research (Million / $Billion)
            11.2.1 Segment type Size and Market Size Analysis
            11.2.2 Revenue and Trends
            11.2.3 Application Revenue and Trends by type of Application
            11.2.4 Company Revenue and Product Analysis
            11.2.5 North America Product type and Application Market Size
                  11.2.5.1 U.S
                  11.2.5.2 Canada
                  11.2.5.3 Mexico
                  11.2.5.4 Rest of North America
        11.3 Asia-pacific Cosmeceutical- South America Segment Research
        11.4 South America Market Research (Market Size -$Million / $Billion)
            11.4.1 Segment type Size and Market Size Analysis
            11.4.2 Revenue and Trends
            11.4.3 Application Revenue and Trends by type of Application
            11.4.4 Company Revenue and Product Analysis
            11.4.5 South America Product type and Application Market Size
                  11.4.5.1 Brazil
                  11.4.5.2 Venezuela
                  11.4.5.3 Argentina
                  11.4.5.4 Ecuador
                  11.4.5.5 Peru
                  11.4.5.6 Colombia
                  11.4.5.7 Costa Rica
                  11.4.5.8 Rest of South America
        11.5 Asia-pacific Cosmeceutical- Europe Segment Research
        11.6 Europe Market Research (Market Size -$Million / $Billion)
            11.6.1 Segment type Size and Market Size Analysis
            11.6.2 Revenue and Trends
            11.6.3 Application Revenue and Trends by type of Application
            11.6.4 Company Revenue and Product Analysis
            11.6.5 Europe Segment Product type and Application Market Size
                  11.6.5.1 U.K
                  11.6.5.2 Germany
                  11.6.5.3 Italy
                  11.6.5.4 France
                  11.6.5.5 Netherlands
                  11.6.5.6 Belgium
                  11.6.5.7 Denmark
                  11.6.5.8 Spain
                  11.6.5.9 Rest of Europe
        11.7 Asia-pacific Cosmeceutical - APAC Segment Research
        11.8 APAC Market Research (Market Size -$Million / $Billion)
            11.8.1 Segment type Size and Market Size Analysis
            11.8.2 Revenue and Trends
            11.8.3 Application Revenue and Trends by type of Application
            11.8.4 Company Revenue and Product Analysis
            11.8.5 APAC Segment - Product type and Application Market Size
                  11.8.5.1 China
                  11.8.5.2 Australia
                  11.8.5.3 Japan
                  11.8.5.4 South Korea
                  11.8.5.5 India
                  11.8.5.6 Taiwan
                  11.8.5.7 Malaysia
                  11.8.5.8 Hong kong
                  11.8.5.9 Rest of APAC
        11.9 Asia-pacific Cosmeceutical - Middle East Segment and Africa Segment Research
        11.10 Middle East & Africa Market Research (Market Size -$Million / $Billion)
            11.10.1 Segment type Size and Market Size Analysis
            11.10.2 Revenue and Trend Analysis
            11.10.3 Application Revenue and Trends by type of Application
            11.10.4 Company Revenue and Product Analysis
            11.10.5 Middle East Segment Product type and Application Market Size
                  11.10.5.1 Israel
                  11.10.5.2 Saudi Arabia
                  11.10.5.3 UAE
            11.10.6 Africa Segment Analysis
                  11.10.6.1 South Africa
                  11.10.6.2 Rest of Middle East & Africa
12. Asia-pacific Cosmeceutical Market - Entropy
        12.1 New product launches
        12.2 M&A s, collaborations, JVs and partnerships
13. Asia-pacific Cosmeceutical Market - Industry / Segment Competition landscape Premium
        13.1 Market Share Analysis
            13.1.1 Market Share by Country- Top companies
            13.1.2 Market Share by Region- Top 10 companies
            13.1.3 Market Share by type of Application - Top 10 companies
            13.1.4 Market Share by type of Product / Product category- Top 10 companies
            13.1.5 Market Share at global level - Top 10 companies
            13.1.6 Best Practises for companies
14. Asia-pacific Cosmeceutical Market - Key Company List by Country Premium
15. Asia-pacific Cosmeceutical Market Company Analysis
        15.1 Market Share, Company Revenue, Products, M&A, Developments
        15.2 Company 2
        15.3 Company 3 & More
*Financials would be provided on a best efforts basis for private companies
16. Asia-pacific Cosmeceutical Market - Appendix
        16.1 Abbreviations
        16.2 Sources
17. Asia-pacific Cosmeceutical Market - Methodology
        17.1 Research Methodology
            17.1.1 Company Expert Interviews
            17.1.2 Industry Databases
            17.1.3 Associations
            17.1.4 Company News
            17.1.5 Company Annual Reports
            17.1.6 Application Trends
            17.1.7 New Products and Product database
            17.1.8 Company Transcripts
            17.1.9 R&D Trends
            17.1.10 Key Opinion Leaders Interviews
            17.1.11 Supply and Demand Trends

LIST OF TABLES

1.Global MARKET SEGMENTATION Market 2019-2024 ($M)
1.1 By Product Type Market 2019-2024 ($M) - Global Industry Research
1.1.1 Skin Care Market 2019-2024 ($M)
1.1.2 Hair Care Market 2019-2024 ($M)
1.1.3 Lip Care Market 2019-2024 ($M)
1.1.4 Oral Care Market 2019-2024 ($M)
1.2 By Distribution Channels Market 2019-2024 ($M) - Global Industry Research
1.2.1 Hypermarkets and Supermarkets Market 2019-2024 ($M)
1.2.2 Convenience Stores Market 2019-2024 ($M)
1.2.3 Online Market 2019-2024 ($M)
1.2.4 Speciality Stores Market 2019-2024 ($M)
2.Global COMPETITIVE LANDSCAPE Market 2019-2024 ($M)
2.1 Most Active Companies Market 2019-2024 ($M) - Global Industry Research
2.2 Key Staretegies Adopted Market 2019-2024 ($M) - Global Industry Research
3.Global MARKET SEGMENTATION Market 2019-2024 (Volume/Units)
3.1 By Product Type Market 2019-2024 (Volume/Units) - Global Industry Research
3.1.1 Skin Care Market 2019-2024 (Volume/Units)
3.1.2 Hair Care Market 2019-2024 (Volume/Units)
3.1.3 Lip Care Market 2019-2024 (Volume/Units)
3.1.4 Oral Care Market 2019-2024 (Volume/Units)
3.2 By Distribution Channels Market 2019-2024 (Volume/Units) - Global Industry Research
3.2.1 Hypermarkets and Supermarkets Market 2019-2024 (Volume/Units)
3.2.2 Convenience Stores Market 2019-2024 (Volume/Units)
3.2.3 Online Market 2019-2024 (Volume/Units)
3.2.4 Speciality Stores Market 2019-2024 (Volume/Units)
4.Global COMPETITIVE LANDSCAPE Market 2019-2024 (Volume/Units)
4.1 Most Active Companies Market 2019-2024 (Volume/Units) - Global Industry Research
4.2 Key Staretegies Adopted Market 2019-2024 (Volume/Units) - Global Industry Research
5.North America MARKET SEGMENTATION Market 2019-2024 ($M)
5.1 By Product Type Market 2019-2024 ($M) - Regional Industry Research
5.1.1 Skin Care Market 2019-2024 ($M)
5.1.2 Hair Care Market 2019-2024 ($M)
5.1.3 Lip Care Market 2019-2024 ($M)
5.1.4 Oral Care Market 2019-2024 ($M)
5.2 By Distribution Channels Market 2019-2024 ($M) - Regional Industry Research
5.2.1 Hypermarkets and Supermarkets Market 2019-2024 ($M)
5.2.2 Convenience Stores Market 2019-2024 ($M)
5.2.3 Online Market 2019-2024 ($M)
5.2.4 Speciality Stores Market 2019-2024 ($M)
6.North America COMPETITIVE LANDSCAPE Market 2019-2024 ($M)
6.1 Most Active Companies Market 2019-2024 ($M) - Regional Industry Research
6.2 Key Staretegies Adopted Market 2019-2024 ($M) - Regional Industry Research
7.South America MARKET SEGMENTATION Market 2019-2024 ($M)
7.1 By Product Type Market 2019-2024 ($M) - Regional Industry Research
7.1.1 Skin Care Market 2019-2024 ($M)
7.1.2 Hair Care Market 2019-2024 ($M)
7.1.3 Lip Care Market 2019-2024 ($M)
7.1.4 Oral Care Market 2019-2024 ($M)
7.2 By Distribution Channels Market 2019-2024 ($M) - Regional Industry Research
7.2.1 Hypermarkets and Supermarkets Market 2019-2024 ($M)
7.2.2 Convenience Stores Market 2019-2024 ($M)
7.2.3 Online Market 2019-2024 ($M)
7.2.4 Speciality Stores Market 2019-2024 ($M)
8.South America COMPETITIVE LANDSCAPE Market 2019-2024 ($M)
8.1 Most Active Companies Market 2019-2024 ($M) - Regional Industry Research
8.2 Key Staretegies Adopted Market 2019-2024 ($M) - Regional Industry Research
9.Europe MARKET SEGMENTATION Market 2019-2024 ($M)
9.1 By Product Type Market 2019-2024 ($M) - Regional Industry Research
9.1.1 Skin Care Market 2019-2024 ($M)
9.1.2 Hair Care Market 2019-2024 ($M)
9.1.3 Lip Care Market 2019-2024 ($M)
9.1.4 Oral Care Market 2019-2024 ($M)
9.2 By Distribution Channels Market 2019-2024 ($M) - Regional Industry Research
9.2.1 Hypermarkets and Supermarkets Market 2019-2024 ($M)
9.2.2 Convenience Stores Market 2019-2024 ($M)
9.2.3 Online Market 2019-2024 ($M)
9.2.4 Speciality Stores Market 2019-2024 ($M)
10.Europe COMPETITIVE LANDSCAPE Market 2019-2024 ($M)
10.1 Most Active Companies Market 2019-2024 ($M) - Regional Industry Research
10.2 Key Staretegies Adopted Market 2019-2024 ($M) - Regional Industry Research
11.APAC MARKET SEGMENTATION Market 2019-2024 ($M)
11.1 By Product Type Market 2019-2024 ($M) - Regional Industry Research
11.1.1 Skin Care Market 2019-2024 ($M)
11.1.2 Hair Care Market 2019-2024 ($M)
11.1.3 Lip Care Market 2019-2024 ($M)
11.1.4 Oral Care Market 2019-2024 ($M)
11.2 By Distribution Channels Market 2019-2024 ($M) - Regional Industry Research
11.2.1 Hypermarkets and Supermarkets Market 2019-2024 ($M)
11.2.2 Convenience Stores Market 2019-2024 ($M)
11.2.3 Online Market 2019-2024 ($M)
11.2.4 Speciality Stores Market 2019-2024 ($M)
12.APAC COMPETITIVE LANDSCAPE Market 2019-2024 ($M)
12.1 Most Active Companies Market 2019-2024 ($M) - Regional Industry Research
12.2 Key Staretegies Adopted Market 2019-2024 ($M) - Regional Industry Research
13.MENA MARKET SEGMENTATION Market 2019-2024 ($M)
13.1 By Product Type Market 2019-2024 ($M) - Regional Industry Research
13.1.1 Skin Care Market 2019-2024 ($M)
13.1.2 Hair Care Market 2019-2024 ($M)
13.1.3 Lip Care Market 2019-2024 ($M)
13.1.4 Oral Care Market 2019-2024 ($M)
13.2 By Distribution Channels Market 2019-2024 ($M) - Regional Industry Research
13.2.1 Hypermarkets and Supermarkets Market 2019-2024 ($M)
13.2.2 Convenience Stores Market 2019-2024 ($M)
13.2.3 Online Market 2019-2024 ($M)
13.2.4 Speciality Stores Market 2019-2024 ($M)
14.MENA COMPETITIVE LANDSCAPE Market 2019-2024 ($M)
14.1 Most Active Companies Market 2019-2024 ($M) - Regional Industry Research
14.2 Key Staretegies Adopted Market 2019-2024 ($M) - Regional Industry Research

LIST OF FIGURES

1.US Asia-pacific Cosmeceutical Market Revenue, 2019-2024 ($M)
2.Canada Asia-pacific Cosmeceutical Market Revenue, 2019-2024 ($M)
3.Mexico Asia-pacific Cosmeceutical Market Revenue, 2019-2024 ($M)
4.Brazil Asia-pacific Cosmeceutical Market Revenue, 2019-2024 ($M)
5.Argentina Asia-pacific Cosmeceutical Market Revenue, 2019-2024 ($M)
6.Peru Asia-pacific Cosmeceutical Market Revenue, 2019-2024 ($M)
7.Colombia Asia-pacific Cosmeceutical Market Revenue, 2019-2024 ($M)
8.Chile Asia-pacific Cosmeceutical Market Revenue, 2019-2024 ($M)
9.Rest of South America Asia-pacific Cosmeceutical Market Revenue, 2019-2024 ($M)
10.UK Asia-pacific Cosmeceutical Market Revenue, 2019-2024 ($M)
11.Germany Asia-pacific Cosmeceutical Market Revenue, 2019-2024 ($M)
12.France Asia-pacific Cosmeceutical Market Revenue, 2019-2024 ($M)
13.Italy Asia-pacific Cosmeceutical Market Revenue, 2019-2024 ($M)
14.Spain Asia-pacific Cosmeceutical Market Revenue, 2019-2024 ($M)
15.Rest of Europe Asia-pacific Cosmeceutical Market Revenue, 2019-2024 ($M)
16.China Asia-pacific Cosmeceutical Market Revenue, 2019-2024 ($M)
17.India Asia-pacific Cosmeceutical Market Revenue, 2019-2024 ($M)
18.Japan Asia-pacific Cosmeceutical Market Revenue, 2019-2024 ($M)
19.South Korea Asia-pacific Cosmeceutical Market Revenue, 2019-2024 ($M)
20.South Africa Asia-pacific Cosmeceutical Market Revenue, 2019-2024 ($M)
21.North America Asia-pacific Cosmeceutical By Application
22.South America Asia-pacific Cosmeceutical By Application
23.Europe Asia-pacific Cosmeceutical By Application
24.APAC Asia-pacific Cosmeceutical By Application
25.MENA Asia-pacific Cosmeceutical By Application