The tea-based skincare products market was valued at US$ 163.8 Mn in 2018 and expected to grow at a CAGR of 7.3% during the forecast period from 2019 to 2027.
Market Insights
Development of new products by top manufacturers worldwide will upgrade the growth during the forecast period
Health and skin benefits associated with tea increases the demand for tea-based skincare products globally. Green tea offers great healing properties and antioxidants herbs thereby, providing various dermatological benefits to the skin. Thereupon manufacturers are focusing on using green tea in skincare products such as creams, lotions, and serums. For instance, Origins, a company based in the U.S, manufacture various range of white tea skincare products for a number of years. Origins products are composed of anti-aging and include antioxidant moisturizer with white tea. Fresh, is a skincare company based in Boston. The company Fresh offers the Age-Defying Skincare line, that includes product range derived from black tea.
The demand for tea-based skincare products is increasing globally. Moreover, Asia Pacific holds the largest share in the global tea-based skincare products market. Due to the increasing income of people in the Asia Pacific region. Green tea is the most widely used product in the overall tea-based skin care products market, as green tea offers antioxidant and anti-aging properties. Moreover, increasing demand for vegan and organic products and increasing online shopping trends globally drive the demand for a tea-based skincare products market.
Top manufacturers in the tea-based skincare industry are mainly focusing on developing new products for better consumer experience.
Industrial Developments
Key Market Movements:
List of Companies Covered:
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Market Insights
Development of new products by top manufacturers worldwide will upgrade the growth during the forecast period
Health and skin benefits associated with tea increases the demand for tea-based skincare products globally. Green tea offers great healing properties and antioxidants herbs thereby, providing various dermatological benefits to the skin. Thereupon manufacturers are focusing on using green tea in skincare products such as creams, lotions, and serums. For instance, Origins, a company based in the U.S, manufacture various range of white tea skincare products for a number of years. Origins products are composed of anti-aging and include antioxidant moisturizer with white tea. Fresh, is a skincare company based in Boston. The company Fresh offers the Age-Defying Skincare line, that includes product range derived from black tea.
The demand for tea-based skincare products is increasing globally. Moreover, Asia Pacific holds the largest share in the global tea-based skincare products market. Due to the increasing income of people in the Asia Pacific region. Green tea is the most widely used product in the overall tea-based skin care products market, as green tea offers antioxidant and anti-aging properties. Moreover, increasing demand for vegan and organic products and increasing online shopping trends globally drive the demand for a tea-based skincare products market.
Top manufacturers in the tea-based skincare industry are mainly focusing on developing new products for better consumer experience.
Industrial Developments
- In July 2018, Schmidt launched a new product. The new body wash is available in the market with two fragrance, jasmine tea, and Cendarwood plus Juniper. Schmidt’s new body wash is plant-based and vegan. The body wash provides antioxidant properties.
- In October 2018, Amorepacific announced its expansion in Oceania region. Amorepacific delivers high-end skincare and cosmetic products. The company develops skincare products from green tea. Consumers who prefer healthy and vegan skincare products tend to buy Amorepacific’s skincare range.
Key Market Movements:
- Globally, the tea-based skin care market is growing at a CAGR of 7.3% during the forecast period from 2019 to 2027
- The Asia Pacific holds the largest share in the overall tea-based skin care products market in 2018. The presence of major tea-based skincare manufacturers and increasing inclination of customers towards vegan products in the region. Moreover, the presence of major manufacturers of tea-based skincare manufacturers supports market growth.
- Europe region expected to grow at the fastest CAGR of 7.8% during the forecast period, due to an increasing trend for vegan products. A report by soil association 2019, records that the sale of certified organic and natural beauty products in the UK accounts for about 86 million euros in the year 2018, thereby, increasing the demand for tea-based products in the European region.
- The application segment is further divided into body care, facial care, and others. The facial segment holds a dominant share for the tea-based skincare market in 2018. The facial segment holds about 60% of the total market share. Moreover, expanding demand for tea-based facial masks supports market growth.
List of Companies Covered:
- AmorePacific Corporation
- Schmidt’s Naturals
- ArtNaturals
- L’Oreal S.A.
- SkinYoga
- Organic Tea Cosmetics Holdings Co. Ltd.
- Avon Products, Inc.
- Unilever
- Lu Ming Tang
- Origins Natural Resources, Inc.
- Fresh LLC
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Table of Contents
1. Preface
2. Executive Summary
3. Market Dynamics
4. Global Tea-Based Skincare Products (TBSP ) Market, by Product Type, 2017-2027 (US$ Mn)
5. Global Tea-Based Skincare Products (TBSP ) Market, by Application, 2017-2027 (US$ Mn)
6. Global Tea-Based Skincare Products (TBSP ) Market, by Distribution Channel, 2017-2027 (US$ Mn)
7. North America Tea-Based Skincare Products (TBSP ) Market Analysis, 2017-2027 (US$ Mn)
8. Europe Tea-Based Skincare Products (TBSP ) Market Analysis, 2017-2027 (US$ Mn)
9. Asia Pacific Tea-Based Skincare Products (TBSP ) Market Analysis, 2017-2027 (US$ Mn)
10. Rest of the World Tea-Based Skincare Products (TBSP ) Market Analysis, 2017-2027 (US$ Mn)
11. Company Profiles
List of Figures
List of Tables
Companies Mentioned
- AmorePacific Corporation
- Schmidt’s Naturals
- L’Oreal S.A.
- SkinYoga
- Natura & Co.
- Organic Tea Cosmetics Holdings Co. Ltd.
- Avon Products, Inc.
- Unilever
- Lu Ming Tang
- Origins Natural Resources, Inc.
- Fresh LLC