Argireline Creams Market Scope
Argireline is recognized as a good anti-aging ingredient and has become the most popular ingredient in the skin care market because it provides people with real, anti-aging results, without the requirement for expensive injections. This is expected to drive the Argireline Market over the anticipated years.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | Xfacio Labs (United States), First Botany (United States), Genesea Cosmetics (United States), Sublime Beauty (United States), Peter Thomas Roth (United States) and MakingCosmetics (United States) |
CAGR | % |
The companies are exploring the market by adopting expansions, investments, and new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions across the globe to gain a competitive advantage through combined collaborations. Research Analyst at AMA estimates that United States Vendors will contribute to the maximum growth of Global Argireline Creams market throughout the predicted period.
Xfacio Labs (United States), First Botany (United States), Genesea Cosmetics (United States), Sublime Beauty (United States), Peter Thomas Roth (United States) and MakingCosmetics (United States) are some of the key players that are part of study coverage.
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
Segmentation Overview
The study have segmented the market of Global Argireline Creams market by Type and Region with country level break-up.
On the basis of geography, the market of Argireline Creams has been segmented into South America (Brazil, Argentina, Chile, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Singapore, Indonesia, Thailand, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Spain, Sweden, Belgium, Finland, Denmark, Russia, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
region held largest market share in the year 2022.
Market Leaders and their expansionary development strategies
In Septmeber 2023, L'Oréal acquired SkinMedica, a leading provider of Argireline-based skincare products. This acquisition is expected to strengthen L'Oréal's position in the anti-aging skincare market.
In May 2023, philosophy Hope Launched a Jar moisturizer. The moisturizer contains Argireline, hyaluronic acid, and peptides to help reduce the appearance of wrinkles and fine lines.
Influencing Trend:
Increasing demand for anti-aging products and Rising popularity of natural and organic ingredients
Market Growth Drivers:
Increasing Number of Aging Population, Increasing Beauty Awareness, Growing Desire to Look Attractive and Changing Lifestyle and Growing Urbanization
Challenges:
Fluctuating Raw Material Cost, Changing Preference of Customers and Availability of Other Alternatives
Restraints:
High Cost of the Product and Side effects of the Product
Opportunities:
Untapped Market of Emerging Nation and Increased Use of E-Commerce
Key Target Audience
Argireline Creams Manufacturer, Distributor and Supplier, Raw Material Supplier, Regulatory bodies, including government agencies and NGO, Commercial research and development (R&D) institutions, Importers and exporters, Government organizations, research organizations, and consulting firms, Trade associations and industry bodies and End-use industries