Press release
Snail Beauty Products Industry to Reach $3.4 Billion by 2034, Driven by Rising Popularity Among Millennials and Gen Z
The global snail beauty products market is experiencing significant growth and is projected to continue its upward trajectory over the next decade. Valued at US$ 1.4 billion in 2023, the market is expected to expand at a compound annual growth rate (CAGR) of 5.8%, reaching US$ 3.4 billion by 2034. This growth is driven by increasing consumer awareness of the benefits of snail-based cosmetics, the rising prevalence of skin-related conditions, and the demand for natural and effective skincare solutions.๐๐๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐ญ๐ก๐ข๐ฌ ๐ซ๐๐ฌ๐๐๐ซ๐๐ก ๐ซ๐๐ฉ๐จ๐ซ๐ญ @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=80914
Analysts' Viewpoint
Social media promotions have played a pivotal role in highlighting the benefits of snail beauty products, contributing to the market's growth. Additionally, the aging population and the rise in skin sensitivity issues, exacerbated by hectic lifestyles, are further propelling the demand for these products. As traditional cosmetics often cause adverse skin reactions, consumers are shifting their preference towards natural alternatives, thereby boosting the popularity of snail beauty products.
Market Introduction
Snail extract cosmetics and snail slime are increasingly being used in skincare for their moisturizing and healing properties. These products aid in skin regeneration, brightening, acne treatment, and reducing signs of aging. The key components in snail slime, such as glycolic acid, allantoin, peptides, proteins, and antioxidants, make it an ideal natural ingredient for skincare. The market offers a variety of products, including essences, masks, moisturizers, creams, serums, and cleansers, all leveraging the benefits of snail mucin.
Drivers of Market Growth
Growth in Beauty and Skin Care Concerns Among Millennials and Generation Z
Millennials and Generation Z are highly conscious of their appearance and prefer products that are skin-friendly and enhance their overall beauty. This demographic shift is driving the demand for natural and cruelty-free beauty products. Social media's influence, coupled with increased spending power, has led to a surge in the use of snail beauty products. Ethical and environmental values also play a significant role in consumer preferences, prompting manufacturers to focus on organic and natural ingredients.
Surge in Usage for Skin Treatment and Makeup
Snail beauty products are gaining traction due to their effectiveness in treating various skin issues such as burns, stretch marks, age spots, wrinkles, acne, and rosacea. The anti-aging and anti-wrinkle properties of snail mucin make it a popular choice for skincare treatments. Additionally, the demand for grooming products among middle-aged consumers further boosts the market. Influencers and professional makeup artists also contribute to the rising popularity of snail beauty products, emphasizing their benefits in achieving smoother, hydrated skin with less visible acne scarring.
๐๐น๐ถ๐ฐ๐ธ ๐ต๐ฒ๐ฟ๐ฒ ๐๐ผ ๐๐ถ๐ฒ๐ ๐๐ต๐ฒ ๐ฐ๐ผ๐บ๐ฝ๐ฟ๐ฒ๐ต๐ฒ๐ป๐๐ถ๐๐ฒ ๐ฟ๐ฒ๐ฝ๐ผ๐ฟ๐ ๐ถ๐ป ๐ณ๐๐น๐น ๐ฑ๐ฒ๐๐ฎ๐ถ๐น - https://www.transparencymarketresearch.com/snail-beauty-products-market.html
Regional Outlook
Leading Region: Asia Pacific
Asia Pacific dominates the snail beauty products market, accounting for the largest share in terms of value and volume in 2023. The popularity of snail spas in countries like Thailand, Japan, and Korea has significantly driven the demand for these products. Thailand is a major supplier of raw materials, while the surrounding countries host numerous manufacturing bases. Brand endorsements by celebrities and influencers further create lucrative opportunities for market players in the region.
Key Players and Market Developments
The snail beauty products market is highly competitive, with key manufacturers focusing on R&D activities to develop innovative products. Leading players such as AMOREPACIFIC US, INC. (Sulwhasoo), Benton, COSRX, Eveline Cosmetics, KOSร Corporation, Able C&C (Missha), Mizon Co., Ltd., TianDe Rheinland Halabis GmbH, Tonymoly Co., Ltd., and YEOUTH are at the forefront of this market.
๐๐ฎ๐ฒ ๐ญ๐ก๐ข๐ฌ ๐๐ซ๐๐ฆ๐ข๐ฎ๐ฆ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ | ๐๐ฆ๐ฆ๐๐๐ข๐๐ญ๐ ๐๐๐ฅ๐ข๐ฏ๐๐ซ๐ฒ ๐๐ฏ๐๐ข๐ฅ๐๐๐ฅ๐ ๐๐ญ - https://www.transparencymarketresearch.com/checkout.php?rep_id=80914<ype=S
Recent Developments
โข In November 2023, AMOREPACIFIC acquired an additional share of Cosrx, with both companies co-developing and launching products like Vitamin C 23 Serum and Retinol 0.1 Cream. This acquisition aims to accelerate AMOREPACIFIC's global expansion.
โข In September 2023, Conscious Chemist introduced its new Snail Magic line featuring Hyaluronic Acid and 5% Pure Korean Snail Mucin in the Indian skincare market. The brand focuses on making effective and affordable skincare products free from harmful chemicals.
๐๐ฏ๐ผ๐๐ ๐จ๐ ๐ง๐ฟ๐ฎ๐ป๐๐ฝ๐ฎ๐ฟ๐ฒ๐ป๐ฐ๐ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐ฅ๐ฒ๐๐ฒ๐ฎ๐ฟ๐ฐ๐ต
Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.
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