Market revenue in 2020 | USD 1,114.4 million |
Market revenue in 2028 | USD 2,087.9 million |
Growth rate | 8.2% (CAGR from 2020 to 2028) |
Largest segment | Creams |
Fastest growing segment | Serums |
Historical data covered | 2016 - 2019 |
Base year for estimation | 2020 |
Forecast period covered | 2021 - 2028 |
Quantitative units | Revenue in USD million |
Market segmentation | Creams, Serums |
Key market players worldwide | The Beauty Health Co Ordinary Shares - Class A, Imagene Labs, EpigenCare, ALLÉL, SkinDNA Clinics, Skinshift, LifeNome Inc. |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to dna-based skin care products market will help companies and investors design strategic landscapes.
Creams was the largest segment with a revenue share of 56% in 2020. Horizon Databook has segmented the Asia Pacific dna-based skin care products market based on creams, serums covering the revenue growth of each sub-segment from 2016 to 2028.
Several global players are looking to expand their reach by investing in these and other lucrative markets across Asia and this has had a positive impact on regional market growth. Furthermore, the increasingly tech-savvy consumers in Hong Kong and Singapore have widened the opportunity for these science-based personalized skincare products.
New companies are entering the market to capitalize on the growing opportunity for these products in the region. In April 2021, ANAKE, a Singapore-based company, launched its DNA-based skincare service.
It introduced its SkinDNA test kit that will help consumers choose a more precise skincare product. ANAKE partnered with SkinDNA for the development of its products. Furthermore, the company has been emphasizing on the online distribution channel for its products.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific dna-based skin care products market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific dna-based skin care products market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
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