What is Tea-based Skin Care Products Market?
Tea is one of the most commonly available beverages on the planet, as well as one of the most versatile beverages for enhancing personal wellbeing. Green tea appears to be beneficial in combating Alzheimer's disease, according to a number of reports. Catechins are a form of flavonoids that function as antioxidants and are responsible for the health benefits of tea. These antioxidant properties have been shown to suppress inflammation, increase blood supply, and fight free radicals in the body naturally. Tea is a surfactant or pH adjuster that is most widely used in cosmetics. Surfactants and hair- or skin-conditioning agents are among the other Tea ingredients. Cosmetics made from natural ingredients are becoming increasingly common among consumers which one of the factors owing to growth in Tea-based Skin Care Products market.
The market study is being classified by Type (Exfoliator, Moisturizer, Peel (or) Mask, Serum, Cleanser and Others), by Application (Male and Female) and major geographies with country level break-up.
Avon Products Inc. (United States), L'Oreal S.A. (France), Natura & Co. (Brazil), Unilever (United Kingdom), Lu Ming Tang (China), AmorePacific Corporation (South Korea), Organic Tea Cosmetics Holdings Co Ltd. (Hong Kong), Purity Cosmetics Inc. (United States), Schmidt's Naturals (United States) and ArtNaturals (United States) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are SkinYoga (India), VLCC Group (India), ARTDECO cosmetic GmbH (Germany), Burt's Bees Inc. (United States), Korres Natural Products Company (Greece), Kendo Holdings Inc. (United States), Avalon Natural Products Inc. (United States), Elizabeth Arden Inc. (Revlon) (United States) and BCL SPA (United States).
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Tea-based Skin Care Products market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Tea-based Skin Care Products market by Type, Application and Region.
On the basis of geography, the market of Tea-based Skin Care Products 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). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Growth in Cosmetic and Fashion Industry
- Increasing Disposable Income Among Females
Market Trend
- Growing Fashion Awareness Among Females
- Increasing Demand for Herbal and Organic Products
Restraints
- Side Effects and Allergic Reactions
Opportunities
- Low Penetration in Emerging Regions Particularly Asia
Challenges
- Rise in Price Level due to Tariffs & Taxes
- Presence of Counterfeit Products
- Lack of Appropriate Regulations
Market Leaders and some development strategies
On 18th November, 2020 - Beiersdorf launched its new new face care brand “CHAUL” for the South Korean region. The product line was created specifically for the Asian market and is made from fermented tea.
Key Target Audience
Tea-based Skin Care Products Manufactures, New Entrants and Investors, Tea-based Skin Care Products Distributors and Suppliers, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others