Product ID: UCMIG30L2135
Tea-based Skin Care Market Size, Share, Growth Analysis, By Product (Revenue, USD Million, 2015 - 2025)(Facial Care, Body Care), By Distribution Channel (Revenue, USD Million, 2015 - 2025)(Online, Offline), By Region (Revenue, USD Million, 2015 - 2025)(North America, The U.S.) - Industry Forecast 2024-2031
Report ID:
UCMIG30L2135 |
Region:
Global |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
Tea-based Skin Care Market Insights
Market Overview:
The global tea-based skincare market, valued at USD 168.2 million in 2018, is poised for significant expansion with an anticipated Compound Annual Growth Rate (CAGR) of 7.5% during the forecast period. This growth is driven by a multifaceted interplay of factors. Heightened awareness of the potent antioxidant, anti-inflammatory, and anti-aging properties inherent in tea extracts has propelled their integration into cosmetics and skincare products. This trend, bolstered by consumers' inclination toward natural and beneficial ingredients, is projected to be a catalyst for sustained market growth. Furthermore, the surging interest in vegan beauty products, driven by ethical and environmental considerations, is set to contribute to the market's upward trajectory, underscoring the industry's responsiveness to evolving consumer values.
Tea-based Skin Care Market, Forecast & Y-O-Y Growth Rate, 2020 - 2028
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This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Personal Products by segment aggregation, the contribution of the Personal Products in Household & Personal Products and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
Tea-based Skin Care Market Report Snapshots
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