The global snail beauty products market size was valued at $457.5 million in 2021 and is estimated to reach $982.7 million by 2031, registering a CAGR of 8.3% from 2022 to 2031.
Snails secrete a complex substance known as snail slime. The majority of the time, it is produced without harming animals from a genus of snail called Helix aspersa muller. Skin applications and the advantages of snail slime are currently of great interest to the cosmetics industry. Snail slime offers many benefits for the skin, including anti-aging, anti-stretch marks, and anti-blemishes. It also soothes and moisturizes the skin. The demand for snail beauty products has increased as a result of an increase in skin problems, including burns, stretch marks, age spots, wrinkles, acne, and rosacea, which are more commonly experienced by both men and women. An issue becoming increasingly common in the geriatric population is to treat ageing face lines for which anti-aging creams and anti-wrinkle creams are manufactured using snail’s slime. Anti-aging conditioners from Snail Beauty are also used to cure hair problems connected to aging-associated hair discoloration. The preference for grooming products including skincare, hair care and beauty items among middle-aged people is another factor driving up demand for snail beauty products.
Gaining market share in the global market for snail beauty products is probably going to be more challenging as natural, organic, vegan and other cosmetic products already gained popularity and market share in global cosmetic and beauty care market. Additionally, throughout the projection period, the expansion of snail beauty products is being restrained by increasing awareness of animal welfare issues and an increase in demand for products that do not involve animal cruelty.
According to the snail beauty products market analysis, the snail beauty products market is segmented into product type, application, distribution channel and region. By product type, it is segregated into multi-function cream, cell renewal cream, anti-aging cream, anti-acne cream and others. On the basis of application, the market is categorized into skin and hair. On the basis of distribution channel, the market is categorized into hypermarkets & supermarkets, specialty stores and e-commerce. On the basis of region, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (UK, Germany, France, Russia, Italy, Spain and Rest of Europe), Asia-Pacific (China, Japan, India, Australia, South Korea, Thailand and Rest of Asia-Pacific), and LAMEA (Latin America, Middle East and Africa).
Asia-Pacific has gained major share global snail beauty products owing to the presence of high number of snail beauty products manufacturing companies and large production of the snail slime in Asia-pacific region especially in South Korea. North America and Europe gained significant share in the market owing to lack of product awareness and aversion to the animal based cosmetic products.
The major players operating in the market are Mizon, InnoVactiv, Clariant, Kenra Professional LLC, Croda International PLC, COSRX Inc, SkinCeuticals Inc, Kao Corporation, Murad Inc and Tonymoly Co. Ltd.
Snails secrete a complex substance known as snail slime. The majority of the time, it is produced without harming animals from a genus of snail called Helix aspersa muller. Skin applications and the advantages of snail slime are currently of great interest to the cosmetics industry. Snail slime offers many benefits for the skin, including anti-aging, anti-stretch marks, and anti-blemishes. It also soothes and moisturizes the skin. The demand for snail beauty products has increased as a result of an increase in skin problems, including burns, stretch marks, age spots, wrinkles, acne, and rosacea, which are more commonly experienced by both men and women. An issue becoming increasingly common in the geriatric population is to treat ageing face lines for which anti-aging creams and anti-wrinkle creams are manufactured using snail’s slime. Anti-aging conditioners from Snail Beauty are also used to cure hair problems connected to aging-associated hair discoloration. The preference for grooming products including skincare, hair care and beauty items among middle-aged people is another factor driving up demand for snail beauty products.
Gaining market share in the global market for snail beauty products is probably going to be more challenging as natural, organic, vegan and other cosmetic products already gained popularity and market share in global cosmetic and beauty care market. Additionally, throughout the projection period, the expansion of snail beauty products is being restrained by increasing awareness of animal welfare issues and an increase in demand for products that do not involve animal cruelty.
According to the snail beauty products market analysis, the snail beauty products market is segmented into product type, application, distribution channel and region. By product type, it is segregated into multi-function cream, cell renewal cream, anti-aging cream, anti-acne cream and others. On the basis of application, the market is categorized into skin and hair. On the basis of distribution channel, the market is categorized into hypermarkets & supermarkets, specialty stores and e-commerce. On the basis of region, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (UK, Germany, France, Russia, Italy, Spain and Rest of Europe), Asia-Pacific (China, Japan, India, Australia, South Korea, Thailand and Rest of Asia-Pacific), and LAMEA (Latin America, Middle East and Africa).
Asia-Pacific has gained major share global snail beauty products owing to the presence of high number of snail beauty products manufacturing companies and large production of the snail slime in Asia-pacific region especially in South Korea. North America and Europe gained significant share in the market owing to lack of product awareness and aversion to the animal based cosmetic products.
The major players operating in the market are Mizon, InnoVactiv, Clariant, Kenra Professional LLC, Croda International PLC, COSRX Inc, SkinCeuticals Inc, Kao Corporation, Murad Inc and Tonymoly Co. Ltd.
KEY BENEFITS FOR STAKEHOLDERS
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the snail beauty products market analysis from 2021 to 2031 to identify the prevailing snail beauty products market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the snail beauty products market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global snail beauty products market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Product Type
- Multi Function Cream
- Cell Renewal Cream
- Anti Aging Cream
- Anti Acne Cream
- Others
By Application
- Skin
- Hair
By Distribution Channel
- Hypermarkets and Supermarkets
- Specialty Stores
- E commerce
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- UK
- Germany
- France
- Russia
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Thailand
- Rest of Asia-Pacific
- LAMEA
- Middle East
- Africa
- Latin America
Key Market Players
- Clariant AG
- COSRX Official
- Croda International plc
- InnoVactiv Inc.
- Kao Corporation
- Kenra Professional LLC
- Mizon Ltd
- Murad LLC
- SkinCeuticals
- Tonymoly Co. Ltd
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Table of Contents
CHAPTER 1: INTRODUCTION
CHAPTER 2: EXECUTIVE SUMMARY
CHAPTER 3: MARKET OVERVIEW
CHAPTER 4: SNAIL BEAUTY PRODUCTS MARKET, BY PRODUCT TYPE
CHAPTER 5: SNAIL BEAUTY PRODUCTS MARKET, BY APPLICATION
CHAPTER 6: SNAIL BEAUTY PRODUCTS MARKET, BY DISTRIBUTION CHANNEL
CHAPTER 7: SNAIL BEAUTY PRODUCTS MARKET, BY REGION
CHAPTER 8: COMPANY LANDSCAPE
CHAPTER 9: COMPANY PROFILES
List of Tables
List of Figures
Executive Summary
According to the report, titled, “Snail Beauty Products Market," the snail beauty products market size was valued at $457.50 million in 2021, and is estimated to reach $982.70 million by 2031, growing at a CAGR of 8.3% from 2022 to 2031.Snail slime is used to make snail beauty items. External mucous that a snail secretes through its body is known as snail slime. Hyaluronic acid, glycolic acid, and elastin are antioxidants found in snail mucin that improve appearance of wrinkles, dark spots, acne, rosacea, and other skin conditions. Customers can easily find snail slime-based face creams, face masks, anti-aging creams, serums, moisturizers, and toners on online and offline distribution channels. In addition, owing to rise in knowledge of advantages of using snail-based personal and beauty care products, snail beauty products are becoming increasingly popular in developed economies such as North America and Europe.
Various micro and macro factors contribute toward growth of the snail beauty products industry such as rise in disposable income, increase in millennial population who are targeted consumer base for most of personal and beauty care products, and growth in area under snail farming. For instance, per capita disposable income in emerging economies has increased considerably over past few years. The per capita income of emerging economies, such as China, increased by 8.0% from 2020 to 2021. While India's disposable personal income increased by around 12.3% in 2021.
Growth in popularity for vegan and organic cosmetics and high market hold of natural and chemical amalgamated beauty care products are major restraining factors for growth of the market. Furthermore, rise in concerns regarding animal welfare and demand for animal cruelty free beauty products are expected to restrain growth during the snail beauty products market forecast period.
COVID-19 negatively impacted the snail beauty products market. Closures of production and manufacturing activities, temporary stagnation in export and import activities, and lack of labor force are some of the factors attributable to decline the snail beauty products market growth in 2020. High spread of corona virus has made people highly inclined toward animal free beauty and personal products, which further led to decline in growth of the snail beauty products market.
According to the snail beauty products market analysis, the snail beauty products market is segmented into product type, application, distribution channel, and region. By product type, it is segregated into multi-function cream, cell renewal cream, anti-aging cream, anti-acne cream, and others. On the basis of application, the market is categorized into skin and hair. On the basis of distribution channel, the market is categorized into hypermarkets & supermarkets, specialty stores, and e-commerce. On the basis of region, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (UK, Germany, France, Russia, Italy, Spain, and rest of Europe), Asia-Pacific (China, Japan, India, Australia, South Korea, Thailand, and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa).
According to the snail beauty products market trends,on the basis of product type, the anti-aging cream segment was the significant contributor to the market, with $154.1 million in 2021, and is estimated to reach $293.0 million by 2031, at a CAGR of 6.9% during the forecast period. Consumers are anticipated to have wider awareness of age-related skin issues such as fine lines, wrinkles, and dullness of skin as well as a greater propensity to spend money on items that allow them to exhibit their young and youthful skin. Young population, who are beginning to enter middle age and care about their skin, body, and hair to delay the ageing process in general with their look, also drives the market growth.
On the basis of application, the skin segment was the highest revenue contributor to the market, and is estimated to reach $876.3 million by 2031 at a CAGR of 8.1% during the forecast period. Rise in image consciousness among consumers boosts demand for skin care products, which enhance their appearance and provide radiant skin. Furthermore, people are constantly in search of highly effective beauty care products with minimal hazards and avoiding chemical-based beauty care products, hence snail beauty products are gaining traction. Snail beauty products are made of snail slime, which is enriched with beauty enhancers such as hyaluronic acid, glycolic acid, elastin, glycoprotein enzymes, anti-microbial, and copper peptides. Thus, above mentioned factors are expected to propel growth of the market during the forecast period.
On the basis of distribution channel, the supermarket & hypermarket segment was the significant contributor to the market, with $186.4 million in 2021, and is estimated to reach $397.5 million by 2031 at a CAGR of 8.2% during the forecast period. It is simpler for customers to locate and buy snail beauty products as hypermarkets and supermarkets have a specific section for beauty care category. It gives customers a competitive advantage by making a variety of beauty products including snail beauty products. Furthermore, offering discounts on specific brands, helping customers by giving information and facilitating simple checkouts are attracting customers to buy from supermarkets and hypermarkets. Thus, supermarket and hypermarkets are suitable places to buy and sell newly launched and emerging beauty products.
According to the snail beauty products market opportunity, Asia-Pacific gained the highest snail beauty products market share in 2021, and is expected to maintain its share throughout the forecast period. Growing popularity for K-beauty products and rise in use of innovative cosmetic ingredients in beauty products with impactful results on skin and hair are expected to support growth of the snail beauty products market demand. For instance, according to estimations by Allied Market Research, the K-beauty products market is projected to reach $13.9 billion by 2027, growing at a CAGR of 9.0% from 2021 to 2027.
Players operating in the global snail beauty products industry have adopted various developmental strategies to expand their market share, increase profitability, and remain competitive in the market. The key players profiled in this report Mizon, InnoVactiv, Clariant, Kenra Professional LLC, Croda International PLC, COSRX Inc, SkinCeuticals Inc, Kao Corporation, Murad Inc, and Tonymoly Co. Ltd.
Key Findings of the Study
- The snail beauty products market size was valued at $457.5 million in 2020, and is estimated to reach $982.7 million by 2031, registering a CAGR of 8.3% from 2022 to 2031.
- In 2021, on the basis of product type, the cell renewal cream segment acquired $79.2 million, exhibiting 17.3% of the global market share.
- In 2021, on the basis of application, the hair segment acquired $44.4 million, exhibiting 9.7% of the global market share.
- In 2021, on the basis of distribution channel, the hypermarket and supermarket segment acquired $186.4 million, exhibiting 40.7% of the global market share.
- South Korea was the most prominent market in Asia-Pacific in 2021, and is projected to reach $131.8 million by 2031, growing at a CAGR of 5.7% during the forecast period.
Companies Mentioned
- Clariant AG
- Cosrx Official
- Croda International plc
- Innovactiv Inc.
- Kao Corporation
- Kenra Professional LLC
- Mizon Ltd
- Murad LLC
- Skinceuticals
- Tonymoly Co. Ltd
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 270 |
| Published | July 2022 |
| Forecast Period | 2021 - 2031 |
| Estimated Market Value ( USD | $ 457.5 million |
| Forecasted Market Value ( USD | $ 982.7 million |
| Compound Annual Growth Rate | 7.9% |
| Regions Covered | Global |
| No. of Companies Mentioned | 10 |
