The Asia Pacific Algae Skincare Products Market would witness market growth of 7.8% CAGR during the forecast period (2023-2030). In the year 2021, the Asia Pacific market's volume surged to 1,802.1 thousand units, showcasing a growth of 7.5% (2019-2022).
Certain types of algae, such as spirulina and chlorella, contain chlorophyll and antioxidants that contribute to skin brightening. Algae extracts are incorporated into products targeting hyperpigmentation, promoting an even skin tone, and reducing the visibility of dark spots. Blue-green algae possesses anti-inflammatory properties that make it beneficial for soothing sensitive or irritated skin. Algae-infused products, such as calming creams and masks, help reduce redness and inflammation, relieving individuals with skin conditions like rosacea or sensitivity. Algae's natural ability to absorb and eliminate toxins makes it a valuable ingredient in detoxifying skincare products. Algae masks and cleansers help purify the skin by drawing out impurities, excess oil, and pollutants, leaving the skin refreshed and revitalized.
Algae's anti-bacterial and anti-inflammatory properties benefit skincare products targeting acne-prone skin. Algae extracts can be found in cleansers, spot treatments, and masks designed to combat acne, soothe inflammation, and prevent future breakouts. Algae-derived compounds have demonstrated the ability to protect the skin from environmental stressors, such as UV radiation and pollution. Sunscreens and day creams often incorporate algae extracts for their natural UV-filtering properties and antioxidant content, providing a layer of defense against environmental damage. Algae is also utilized in eye creams and serums, addressing concerns like puffiness, dark circles, and fine lines around the eyes. The soothing and hydrating properties of algae contribute to a refreshed and revitalized appearance in the delicate eye area.
According to the International Trade Administration (ITA), the beauty industry in South Korea is among the most exciting in the world. New beauty trends and advances are continuously displayed, with sophisticated ingredients and aesthetically appealing packaging. The prevalence of South Korean-branded cosmetics (K-beauty) continues to increase, especially in Asia. Thus, due to the above-mentioned factors, the algae skincare products market will grow significantly in this region.
The China market dominated the Asia Pacific Algae Skincare Products Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $23,239.1 Thousands by 2030. The Japan market is registering a CAGR of 7.1% during (2023 - 2030). Additionally, The India market would experience a CAGR of 8.4% during (2023 - 2030).
Based on Source, the market is segmented into Macroalgae, and Microalgae. Based on Algae Type, the market is segmented into Brown Algae, Red Algae, Green Algae, and Others. Based on Type, the market is segmented into Face Serum & Oil, Cleansers & Toners, Moisturizers & Creams, Face Masks, Eye & Lip Care Treatments, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Certain types of algae, such as spirulina and chlorella, contain chlorophyll and antioxidants that contribute to skin brightening. Algae extracts are incorporated into products targeting hyperpigmentation, promoting an even skin tone, and reducing the visibility of dark spots. Blue-green algae possesses anti-inflammatory properties that make it beneficial for soothing sensitive or irritated skin. Algae-infused products, such as calming creams and masks, help reduce redness and inflammation, relieving individuals with skin conditions like rosacea or sensitivity. Algae's natural ability to absorb and eliminate toxins makes it a valuable ingredient in detoxifying skincare products. Algae masks and cleansers help purify the skin by drawing out impurities, excess oil, and pollutants, leaving the skin refreshed and revitalized.
Algae's anti-bacterial and anti-inflammatory properties benefit skincare products targeting acne-prone skin. Algae extracts can be found in cleansers, spot treatments, and masks designed to combat acne, soothe inflammation, and prevent future breakouts. Algae-derived compounds have demonstrated the ability to protect the skin from environmental stressors, such as UV radiation and pollution. Sunscreens and day creams often incorporate algae extracts for their natural UV-filtering properties and antioxidant content, providing a layer of defense against environmental damage. Algae is also utilized in eye creams and serums, addressing concerns like puffiness, dark circles, and fine lines around the eyes. The soothing and hydrating properties of algae contribute to a refreshed and revitalized appearance in the delicate eye area.
According to the International Trade Administration (ITA), the beauty industry in South Korea is among the most exciting in the world. New beauty trends and advances are continuously displayed, with sophisticated ingredients and aesthetically appealing packaging. The prevalence of South Korean-branded cosmetics (K-beauty) continues to increase, especially in Asia. Thus, due to the above-mentioned factors, the algae skincare products market will grow significantly in this region.
The China market dominated the Asia Pacific Algae Skincare Products Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $23,239.1 Thousands by 2030. The Japan market is registering a CAGR of 7.1% during (2023 - 2030). Additionally, The India market would experience a CAGR of 8.4% during (2023 - 2030).
Based on Source, the market is segmented into Macroalgae, and Microalgae. Based on Algae Type, the market is segmented into Brown Algae, Red Algae, Green Algae, and Others. Based on Type, the market is segmented into Face Serum & Oil, Cleansers & Toners, Moisturizers & Creams, Face Masks, Eye & Lip Care Treatments, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
List of Key Companies Profiled
- Algeternal
- Algenist LLC (Tengram Capital Partners LLC)
- Sarkli-Repechage, Ltd
- Mario Badescu Skin Care, Inc.
- MisshaUS
- Bioelements
- MARA Beauty, LLC
- Seaflora Skincare Inc
- OSEA International, LLC
- Tatcha, LLC (Unilever Plc)
Market Report Segmentation
By Source (Volume, Thousand Units, USD Million, 2019-2030)- Macroalgae
- Microalgae
- Brown Algae
- Red Algae
- Green Algae
- Others
- Face Serum & Oil
- Cleansers & Toners
- Moisturizers & Creams
- Face Masks
- Eye & Lip Care Treatments
- Others
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market at a Glance
Chapter 3. Market Overview
Chapter 4. Asia Pacific Algae Skincare Products Market by Source
Chapter 5. Asia Pacific Algae Skincare Products Market by Algae Type
Chapter 6. Asia Pacific Algae Skincare Products Market by Type
Chapter 7. Asia Pacific Algae Skincare Products Market by Country
Chapter 8. Company Profiles
Companies Mentioned
- Algeternal
- Algenist LLC (Tengram Capital Partners LLC)
- Sarkli-Repechage, Ltd
- Mario Badescu Skin Care, Inc.
- MisshaUS
- Bioelements
- MARA Beauty, LLC
- Seaflora Skincare Inc
- OSEA International, LLC
- Tatcha, LLC (Unilever Plc)
Methodology
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