Increasing consumer awareness towards the anti-aging, antioxidant, and anti-inflammatory properties of tea extracts and awareness regarding vegan cosmetics is driving the global tea-based skincare market.
According to TechSci Research report, “Tea-Based Skincare Market– Global Industry Size, Share, Trends, Competition, Opportunity, and Forecast, 2018-2028F,” the global tea-based skincare market is expected to grow during the forecast period due to therapeutic properties of tea-based skincare products, such as their capability to fight free radicals in the skin and promote skin health.
Tea contains the antioxidant EGCG (Epigallocatechin gallate), which aids in repairing skin damage brought on by sun’s ultraviolet (UV) rays. This increase in demand for tea-based products in the market is due to the rise in non-melanoma skin cancer awareness. The healing properties of tea-based skin products highly impact the market growth. Besides this, the use of white tea extract is growing rapidly in the global skincare market It helps in the preservation of moisture and the prevention of sun damage to the skin. Other teas, such as oolong, hibiscus, and spearmint, can help with skin problems like eczema, acne, and clogged pores.
The facial care products category is exhibiting market dominance. The most popular items in this category include face creams, moisturizers, cleansers, toners, masks, serums, sun care products, and mists. Growing demand for facemasks made of tea is expected to be positive for the segment's expansion. These facemasks are incredibly nutrient-dense in antioxidants and vitamin B-2, which minimize the appearance of aging, maintain collagen levels and keep skin tight.
The market for natural cosmetics is rising due to their long-term health advantages, and over the predicted period, green tea-based skin care products will gain popularity. Tea is made from the Camellia sinensis plant, a little evergreen shrub that is indigenous to East Asia. There are many important components in green tea, including polyphenols, tannins, protein, minerals, amino acids, carbs, and others. Utilizing green tea as an ingredient in skin care products has several health advantages, including its ability to fight free radicals, ability to treat acne, and benefits for the skin.
However, Matcha Green Tea antioxidant is 99.5% natural, and it is in high demand in today's natural cosmetics market. Consumers prefer plant-based ingredients due to their familiarity, accessibility, and association with health. Furthermore, rising interest in vegan beauty products due to socioeconomic concerns about animal cruelty is expected to drive market growth.
The market for skincare products containing tea is expected to grow in response to the rising consumer desire for natural and organic goods. Manufacturers put a lot of effort into diversifying their product line by creating items like body soap, body wash, lotion, and oil. For instance, in 2022, HerbalWitch Wellness Pvt. Ltd., a premium skincare company based in Auroville Pondicherry, has recently opened a branch in Mumbai. HerbalWitch Wellness is India's first product formulation company for tea and skin care products herbal.
Demand for natural products like tea-based skin care products is increasing because of consumer awareness of the harmful effects of chemical skin care products. Hence, prolonged contact with the product's chemicals, such as preservatives and pigments, could be harmful to the skin. This could result in allergic reactions that cause exhilaration, redness, and other undesirable effects. Such hazardous compounds can develop over time and cause cancer and skin infections, both of which may be lethal to humans if not treated promptly. As a result, it is expected that the products’ harmful effects on skin care will limit the market growth.
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The global tea-based skincare market is segmented based on type, end use, distribution channel, region, and competitional landscape. Based on type, the market is further fragmented into facial care, body care, and others (lip care, eye care, etc.)), Based on end use, the market is divided into individual, fashion & entertainment industry, salons & parlor. Based on distribution channel the market is segmented into specialty stores, exclusive stores, online, hypermarket & supermarket, others (pharmacies, direct sales, etc.).
Key market players in the global tea-based skincare market include:
- Amorepacific Corporation
- Natura &Co
- L'Oréal S.A.
- Unilever Plc
- SKINYOGA INTERNATIONAL LLP
- Organic Tea Cosmetics Holdings Co Ltd
- Gipefi Cosmetics Inc
- Virgin Scent Inc (ArtNaturals)
- Avon Products Inc.
- Origins Natural Resources Inc.
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“New product development and increasing knowledge of the harmful impacts of using chemical cosmetic products are prominent trends expected to have an impact on the growth of global tea-based skincare market over the forecast period. . Additionally, rising working population has a lead to an increase in the standard of living and purchasing power of the consumers, which will also boost the industry growth in the forecast period.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
Tea-Based Skincare Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028F Segmented By Type (Facial Care, Body Care, and Others (Lip Care, Eye Care, etc.)), End Use (Individual, Fashion & Entertainment Industry, Salons & Parlor), By Distribution Channel (Specialty Stores, Exclusive Stores, Online, Hypermarkets & Supermarkets, Others (Pharmacies, Direct Sales, etc.)), By Region,” has evaluated the future growth potential of global tea-based skincare market and provides statistics and information on market structure, size, share, and future growth. The report is intended to provide cutting-edge market intelligence and help decision-makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities present in the global tea-based skincare market.
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Transparency Market Research provides key detailed insights into the global tea and tea-based beverages market, in its upcoming market outlook titled, ‘Tea and Tea-Based Beverages Market: Global Industry Analysis and Forecast 2018-2028‘.
The global tea and tea-based beverages market is anticipated to register a relatively higher compound annual growth rate of 4.9% in terms of revenue during the time frame of the forecast period, due to various market dynamics, regarding which, TMR offers detailed insights.Request A Sample – https://www.transparencymarketresearch.com/sample/sample.php?flag=S_id=62913The Market in North America to Witness Predominant Growth in the Global Tea and Tea-Based Beverages MarketBeing a well-developed economy with a larger population of health-conscious consumers, and with higher per capita expenditure on food products, North America holds a greater compound annual growth in the tea and tea-based beverages market in comparison with all other regions across the world.Owing to factors such as increasing imports and consumption of green tea, favorable government policies in international trade and labeling, and other macro-economic factors favoring tea and tea-based beverages, it is anticipated that, the market in North America would register a considerable growth rate in the tea and tea-based beverages market, representing around 5.8% during the forecast period.High Propensity for the Tea Blends Segment in the Global Tea and Tea-based Beverages MarketOn the basis of type of tea and tea-based beverage, the tea blends segment is anticipated to register a compound annual growth rate of around 5.1% during the forecast period.
Increasing consumer preference for a variety of flavor, aroma, and other healthy herbal ingredients such as infused honey, cinnamon, and lemon flavor has increased the market penetration of blended tea-based beverages over the years.
As tea blends are available in various flavors at an affordable cost, blended tea and tea-based beverages have significant demand among consumers.Growing Consumer Adoption of Ready-to-Drink (RTD) Formats of Tea and Tea-Based Beverages, Owing to Easy AccessibilityIncreasing development in the infrastructure and supply chain of the tea and tea-based beverages market over the years has enabled the availability of tea and tea-based beverages in variable formats such as loose tea powder, tea bags, and ready-to-drink (RTD) tea.
However, ready-to-drink (RTD) format of tea and tea-based beverages has relatively growing consumer adoption, owing to easy accessibility in various sales channels, including modern groceries, traditional groceries, food specialties, and other refreshment stores, in different flavors and the possibility of consumption without any processing.
This factor is anticipated to contribute towards the substantial growth rate of ready-to-drink (RTD) tea, accounting for around 5.9% CAGR compared to other formats in the global tea and tea-based beverages market.
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