China Dna-based Skin Care Products Market Size & Outlook
China dna-based skin care products market, 2016-2028 (US$M)
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China dna-based skin care products market highlights
- The China dna-based skin care products market generated a revenue of USD 350.2 million in 2020 and is expected to reach USD 636.2 million by 2028.
- The China market is expected to grow at a CAGR of 7.7% from 2021 to 2028.
- In terms of segment, creams was the largest revenue generating product in 2020.
- Serums is the most lucrative product segment registering the fastest growth during the forecast period.
Dna-based skin care products market data book summary
| Market revenue in 2020 | USD 350.2 million |
| Market revenue in 2028 | USD 636.2 million |
| Growth rate | 7.7% (CAGR from 2020 to 2028) |
| Largest segment | Creams |
| Fastest growing segment | Serums |
| Historical data | 2016 - 2019 |
| Base year | 2020 |
| Forecast period | 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. |
Other key industry trends
- In terms of revenue, China accounted for 5.9% of the global dna-based skin care products market in 2020.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2028.
- In Asia Pacific, China dna-based skin care products market is projected to lead the regional market in terms of revenue in 2028.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 434.5 million by 2028.
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DNA-based Skin Care Products Market Scope
DNA-based Skin Care Products Market Companies
| Name | Profile | # Employees | HQ | Website |
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China dna-based skin care products market outlook
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 58.91% in 2020. Horizon Databook has segmented the China dna-based skin care products market based on creams, serums covering the revenue growth of each sub-segment from 2016 to 2028.
DNA-based skincare companies such as Imagene Labs and Huadong Ningbo Medicine Co., Ltd. have been gaining traction in China. China is one of the major countries contributing to the growth of the global cosmetics and skincare market, in terms of consumption as well as production.
As a result, international cosmetics companies are focusing on expanding operations in the country considering its high growth potential. The growing establishment of international companies in the country is expected to have a positive influence on the market growth.
Millennials living in popular cities such as Beijing, Shanghai, Hangzhou, and Guangzhou are spending increasing amounts on personal grooming products and are trading up from standard, traditional grooming categories to modern technology-based skincare products. This is expected to favor the market growth.
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Target buyers of China dna-based skin care products market databook
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Our clientele includes a mix of dna-based skin care products market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the China dna-based skin care products market , including forecasts for subscribers. This country databook contains high-level insights into China dna-based skin care products market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
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China dna-based skin care products size, by product, 2016-2028 (US$M)
China DNA-based Skin Care Products Market Outlook Share, 2020 & 2028 (US$M)
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