Categories: Consumer Goods, Retail, & Packaging | Report Code : PRCD20252 | No. of Pages : 128
Overview:
The global snail beauty products market is valued for more than US$ XXX.X Mn in 2019 and expected to reach a value of US$ XXX.X Mn by 2029 with a significant CAGR of around XX.X% over the forecast period of 2019-2029. Snail beauty products are composed of natural secretions of snails, which are mucus or snail extracts, included in preparing of various beauty products, such as lightening creams, essences, moisturizers, facial masks, and many more.
Many people around the world prefer to use various snail beauty products to treat skin problems such as age spots, stretch marks, rosacea, dry skin, acne, burns, wrinkles, etc.
Market Dynamics:
Increasing demand for snail beauty products due to rising consciousness about skin related issues such as age spots and dry skin among the individuals across the globe is a major factor expected to drive growth of the global snail beauty products market in coming years. Also, increasing awareness about the benefits of various snail beauty products such as presence of elastin, antioxidants, hyaluronic acid, proteins, and others is another factor likely to support the market growth.
In addition, growing popularity of skin care treatments, cell renewal cream, snail spa therapy, and multi-function cream across the globe is expected to impact positively on the market growth.
However, the shelf life of snail beauty products is short as compared with other beauty products available in the market which is likely to affect the global market growth to a certain extent.
Key Trends:
For business growth, key players are adopting various strategies such as product launches and expansion of distribution networks. This is a key trend observed in the global market and is expected to support growth of the global market. For instance, BVain 2X Skin Sauce has launched new product wrinkle resurfacing and advanced scar removal cream which is based on snail extract in February 2018.
Regional Analysis:
For detailed understanding of market dynamics, the global snail beauty products market is analyzed across key regions viz. North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific region is accounted for the major revenue share in the year 2019. This is owing to the high market penetration of cosmetic products, rising disposable income, and growing working women population in countries in the region.
The market in North America is expected to register a significant CAGR during the forecast period due to high awareness about snail beauty products and rising number of product launches in the region.
Scope of the Report:
Report Feature |
Details |
Base Year: |
2018 |
Projection Period: |
2019-2029 |
Market Details: |
Total revenue and forecast, CAGR, Market value, share, and Y-o-Y growth by segment and region |
Segment Covered: |
Product Type, Distribution Channel, and End User |
Region Covered: |
North America, Europe, Asia Pacific, Latin America, and Middle East & Africa |
Report Coverage: |
Market growth driving factors, challenges & pitfalls, opportunities, trends, key players analysis, and region analysis |
Detailed Segmentation:
Global Snail Beauty Products Market, By Product Type:
Global Snail Beauty Products Market, By Distribution Channel:
Global Snail Beauty Products Market, By End User:
Key Players Covered:
Key players operating in the global snail beauty products market includes, Mizon Co.,Ltd, InnoVactiv Inc, TONYMOLY Co.,Ltd, Murad, Inc, COSRX Inc, SkinCeuticals, Inc, KENRA PROFESSIONAL, LLC, Kao Corporation, Clariant AG, and Croda International Plc.
Key Features of the Study:
Foresight Market Research provides detailed analysis on global market in our report- Global Snail Beauty Products Market by product type, distribution channel, end user, and region. The report provides market size (US$ Mn) and compounded annual growth rate (%) for the forecast period: 2019 – 2029, considering 2018 as the actual year. The report also contains in-depth analysis about market drivers, restraints, opportunities, new product launches, product approval, ongoing trends, and regional outlook. The report delivers competitive analysis about leading players in the global snail beauty products market based on various parameters such as company overview, product portfolio, regional presence, financial performance, distribution strategies, key developments, marketing strategies, and future plans. The analysis from the report would acquaint the marketers and management authorities of companies to make the appropriate decision with respect to their future product launch, market expansion, and marketing tactics used overall the globe.