Global Snail Beauty Products Market is estimated to be US$ 12.0 Billion by 2029
The global snail beauty products market accounted for US$ 3.7 billion in 2019 and is estimated to be US$ 12.0 billion by 2029 and is anticipated to register a CAGR of 12.7%.
Factors such as the growing inclination of mid-age population towards grooming, favorable growth of snail farming, and shifting preference towards natural skin-improving ingredients are key factors boosting the growth of global snail beauty products market
The report "Global Snail Beauty Products Market, By Product Type (Multi-Function Cream, Cell Renewal Cream, Anti-Aging Cream, Anti-Acne Cream, and Others), By Distribution Channel (Hypermarkets, Supermarkets, Specialty Stores, and E-commerce), and By Region (North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa) - Trends, Analysis and Forecast till 2029”.
Key Market Insights from the report:
The global snail beauty products market accounted for US$ 3.7 billion in 2019 and is estimated to be US$ 12.0 billion by 2029 and is anticipated to register a CAGR of 12.7%. The market report has been segmented on the basis of product type, distribution channel, and region.
• By product type, anti-aging cream segment estimated maximum revenue in the global snail beauty products market in 2018. The segment is projected to dominate the market in the coming years. Snail mucus drives the formation of collagen and elastin, which restore skin hydration and repair damaged skin.
• By distribution channel, the e-commerce segment is expected to witness substantial growth in the global snail beauty products market, due to various services provided by the e-commerce industry such as on-time home delivery, easy payment, and attractive discounts on various cosmetics products, and others to the customers.
• By region, Asia Pacific accounts highest revenue share in the global snail beauty products market in 2018 and it is expected to maintain its dominance over the forecast period. In the Asia Pacific, South Korea accounts for the largest revenue share in the regional market.
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The prominent player operating in the global snail beauty products market includes Mizon Co.,Ltd., TONYMOLY Co.,Ltd., Clariant AG, KENRA PROFESSIONAL, LLC, Croda International Plc, COSRX Inc., SkinCeuticals, Inc., Kao Corporation, Murad, Inc., and InnoVactiv Inc.
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Last Update : Jul 23, 2021 1:31 AM
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