About Jojoba Beads
Jojoba beads are made by hardening jojoba oil into solid wax circles. The oils come from the seed of an American plant. The paste produced from this seed has long been praised by Native Americans for its extraordinary hair and skin-boosting properties. The exfoliating scrub with jojoba beads is powerful enough to remove toxins from dead skin while being gentle enough not to harm the skin. It also helps to decrease pore size. Due to lack of awareness about jojoba beads and presence of stringent regulations around cosmetic ingredients the jojoba beads market has limited market potential. Presence of adulterated products in market also hinders the growth prospectus. North America is currently the largest market of jojoba beads. But Asia Pacific region can present huge opportunities due to rising disposable income and people demanding better living standards. and
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Growing Disposable Income of people has led to them spending higher on cosmetics and beauty products, thus stimulating the growth of the jojoba beads. Jojoba beads have been traditionally been considered a vital skin care product. Although because of flooding of cosmetics market with alternate products has hindered the market prospectus of the product. Similarly the less awareness about the product too has limited its future growth. Currently, North America is the largest market of jojoba beads. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Purcell Jojoba (United States), Jojoba Desert Ltd. (Israel), Personal Formula Resources Sdn Bhd (Malaysia), International Flora Technologies. Ltd. (United States), Mhatre and Modi Specialty Chemicals (India), Xi'an Aogu Biotech Co., Ltd. (China), Orwell Pharma (India), Xi'an International Healthcare Factory Co., Ltd. (China), Guangzhou B-Ai Chemical Co., Ltd. (China) and Guangzhou Yiming Chemical Materials Co., Ltd. (China) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Zhong Tang (dalian) Materials Co., Ltd. (China), Hanzhong Han Traceability Biological Technology Co., Ltd. (China) and Hebei Yujia New Material Technology Co., Ltd. (China).
Segmentation Overview
AMA Research has segmented the market of Global Jojoba Beads market by Type (Sequoia, Sierra Sky, Red Hibiscus, Glacier, Sweet Honey and Others), Application (Fragrances, Cosmetics, Haircare and Others) and Region.
On the basis of geography, the market of Jojoba Beads has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Distribution Channel, the sub-segment i.e. Direct will boost the Jojoba Beads market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Form, the sub-segment i.e. Liquids will boost the Jojoba Beads market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Cosmetics Specifically Skincare Accounts for Largest Market Share
Market Growth Drivers:
Growing Disposable Income has led to People Demanding for Better Living Standards and Rising Popularity of Jojoba Beads comprised Skincare Products
Challenges:
Lack of Awareness about Jojoba Beads and the Benefits
Restraints:
Presence of Adulterated Products in Market
Opportunities:
Developing Countries Present Huge Opportunity to Expand
In 2020, Cargill Inc., an American global food corporation has announced acquisition of Floratech, which is a cosmetic ingredients manufacturer derived from natural biodegradable products. Floratech has its expertise in natural emollient, jojoba derivatives, and esters. The acquisition will help Cargill expand its beauty business as well as strengthen its natural ingredients portfolio which is in line with its sustainability goals.
Key Target Audience
Jojoba Beads Manufacturers, Suppliers and Distributors, New Entrants/Investors, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and End-Use Industries
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.