Market revenue in 2020 | USD 211.9 million |
Market revenue in 2028 | USD 434.5 million |
Growth rate | 9.4% (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. |
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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 51.01% in 2020. Horizon Databook has segmented the India dna-based skin care products market based on creams, serums covering the revenue growth of each sub-segment from 2016 to 2028.
The increasing demand for premium skincare and beauty products, such as DNA-based skin care, from the growing middle-class population in the country is one of the driving factors for the market growth. The high performance and multiple functionalities of these premium products is expected to drive their uptake among consumers in India.
The rapidly expanding middle-class population, the increase in male population, and the relatively young urban elite population with an increasing disposable income have played a key role in the growth in demand for DNA-based skin care. In addition, there is a considerable demand for premium skincare products from millennials, who are adding more products to their daily beauty routine to look their best.
This has paved the way for various science-based skincare products. According to the Central Intelligence Agency’s report in 2019, India has a large youth population with a median age of 28 years. These factors are expected to drive the demand for DNA-based skincare products in the upcoming years.
Horizon Databook provides a detailed overview of country-level data and insights on the India dna-based skin care products market , including forecasts for subscribers. This country databook contains high-level insights into India dna-based skin care products market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
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