China Microbiome Skincare Products Market Size & Outlook
China microbiome skincare products market, 2018-2030 (US$M)
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China microbiome skincare products market highlights
- The China microbiome skincare products market generated a revenue of USD 15.4 million in 2023 and is expected to reach USD 34.9 million by 2030.
- The China market is expected to grow at a CAGR of 12.4% from 2024 to 2030.
- In terms of segment, creams was the largest revenue generating product in 2023.
- Serums is the most lucrative product segment registering the fastest growth during the forecast period.
Microbiome skincare products market data book summary
| Market revenue in 2023 | USD 15.4 million |
| Market revenue in 2030 | USD 34.9 million |
| Growth rate | 12.4% (CAGR from 2023 to 2030) |
| Largest segment | Creams |
| Fastest growing segment | Serums |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Serums, Creams, Masks |
| Key market players worldwide | L'Oreal SA, Unilever PLC, BioGaia AB Class B, AMOREPACIFIC, Amyris, Missha, Eminence Organics, Aveeno, Elizabeth Arden, Glowbiotics, Gallinée |
Other key industry trends
- In terms of revenue, China accounted for 3.8% of the global microbiome skincare products market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, Japan microbiome skincare products market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 21.1 million by 2030.
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Microbiome Skincare Products Market Scope
Microbiome Skincare Products Market Companies
| Name | Profile | # Employees | HQ | Website |
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China microbiome skincare 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 microbiome skincare products market will help companies and investors design strategic landscapes.
Creams was the largest segment with a revenue share of 37.01% in 2023. Horizon Databook has segmented the China microbiome skincare products market based on serums, creams, masks covering the revenue growth of each sub-segment from 2018 to 2030.
As per the Cosmetic Design, skincare products were one of the fastest expanding markets in China, with maximum sales through online distribution channels. Chinese individuals are observed to buy more South Korean skincare brands and the consumer trends indicate greater inclination toward cosmeceuticals.
Essence products that include active ingredients for treatment of acne are more favored among Chinese consumers, and sales of essences have been increasing year-on-year. Collaboration among companies to increase awareness and self-management of acne is a key trend in the Chinese Market.
For instance, L’Oréal partnered with retail giant Alibaba Group in 2023 to make an AI-based app to aid acne sufferers in finding proper treatment to self-manage their condition effectively. According to L’Oréal, through this AI technology, people suffering from acne can better understand the state of their skin and decide the right skincare solutions for them without leaving their homes.
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Our clientele includes a mix of microbiome skincare 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 microbiome skincare products market , including forecasts for subscribers. This country databook contains high-level insights into China microbiome skincare products market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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China microbiome skincare products market size, by product, 2018-2030 (US$M)
China Microbiome Skincare Products Market Outlook Share, 2023 & 2030 (US$M)
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