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Europe Algae Skincare Products Market Size, Share & Trends Analysis Report By Source (Macroalgae, and Microalgae), By Algae Type (Brown Algae, Red Algae, Green Algae, and Others), By Type, By Country and Growth Forecast, 2023 - 2030

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    Report

  • January 2024
  • Region: Europe
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5935789
The Europe Algae Skincare Products Market would witness market growth of 6.8% CAGR during the forecast period (2023-2030). In the year 2020, the Europe market's volume surged to 1,288.4 thousand units, showcasing a growth of 6.7% (2019-2022).

The power of social media platforms, coupled with endorsements from beauty influencers and skincare enthusiasts, has played a pivotal role in popularizing algae skincare products. Positive testimonials, reviews, and before-and-after pictures shared on platforms like Instagram and YouTube have created a buzz around algae-based skincare, influencing consumers to try these products. Skincare brands are increasingly diversifying their product offerings to cater to a wide range of consumer needs. Algae's versatility allows for the formulation of products targeting specific skin concerns, such as hydration, anti-aging, and brightening. This diversification enhances the appeal of algae skincare across different skincare preferences.

Algae, particularly brown algae, and certain seaweeds are renowned for their ability to provide intense hydration to the skin. Algal extracts are often included in moisturizers and hydrating creams to help replenish and retain moisture, preventing dryness and promoting a supple complexion. Algae's rich composition of antioxidants, amino acids, and peptides makes it a valuable ingredient in anti-aging skincare products. These formulations combat free radicals, promote collagen synthesis, and reduce the appearance of fine lines and wrinkles, contributing to a more youthful and radiant skin.

German consumers are known for their strong environmental consciousness. Algae, being a sustainable and renewable resource, aligns well with the country’s focus on eco-friendly and responsible consumption. The natural and organic beauty trends have gained significant traction in Germany. Hence, all these factors will uplift the regional market’s expansion in the coming years.

The Germany market dominated the Europe Algae Skincare Products Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $19,662.4 Thousands by 2030. The UK market is exhibiting a CAGR of 5.9% during (2023 - 2030). Additionally, The France market would experience a CAGR of 7.7% 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 Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.

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
By Algae Type (Volume, Thousand Units, USD Million, 2019-2030)
  • Brown Algae
  • Red Algae
  • Green Algae
  • Others
By Type (Volume, Thousand Units, USD Million, 2019-2030)
  • Face Serum & Oil
  • Cleansers & Toners
  • Moisturizers & Creams
  • Face Masks
  • Eye & Lip Care Treatments
  • Others
By Country (Volume, Thousand Units, USD Million, 2019-2030)
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Algae Skincare Products Market, by Source
1.4.2 Europe Algae Skincare Products Market, by Algae Type
1.4.3 Europe Algae Skincare Products Market, by Type
1.4.4 Europe Algae Skincare Products Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.3 Porter’s Five Forces Analysis
Chapter 4. Europe Algae Skincare Products Market by Source
4.1 Europe Macroalgae Market by Country
4.2 Europe Microalgae Market by Country
Chapter 5. Europe Algae Skincare Products Market by Algae Type
5.1 Europe Brown Algae Market by Country
5.2 Europe Red Algae Market by Country
5.3 Europe Green Algae Market by Country
5.4 Europe Others Market by Country
Chapter 6. Europe Algae Skincare Products Market by Type
6.1 Europe Face Serum & Oil Market by Country
6.2 Europe Cleansers & Toners Market by Country
6.3 Europe Moisturizers & Creams Market by Country
6.4 Europe Face Masks Market by Country
6.5 Europe Eye & Lip Care Treatments Market by Country
6.6 Europe Others Market by Country
Chapter 7. Europe Algae Skincare Products Market by Country
7.1 Germany Algae Skincare Products Market
7.1.1 Germany Algae Skincare Products Market by Source
7.1.2 Germany Algae Skincare Products Market by Algae Type
7.1.3 Germany Algae Skincare Products Market by Type
7.2 UK Algae Skincare Products Market
7.2.1 UK Algae Skincare Products Market by Source
7.2.2 UK Algae Skincare Products Market by Algae Type
7.2.3 UK Algae Skincare Products Market by Type
7.3 France Algae Skincare Products Market
7.3.1 France Algae Skincare Products Market by Source
7.3.2 France Algae Skincare Products Market by Algae Type
7.3.3 France Algae Skincare Products Market by Type
7.4 Russia Algae Skincare Products Market
7.4.1 Russia Algae Skincare Products Market by Source
7.4.2 Russia Algae Skincare Products Market by Algae Type
7.4.3 Russia Algae Skincare Products Market by Type
7.5 Spain Algae Skincare Products Market
7.5.1 Spain Algae Skincare Products Market by Source
7.5.2 Spain Algae Skincare Products Market by Algae Type
7.5.3 Spain Algae Skincare Products Market by Type
7.6 Italy Algae Skincare Products Market
7.6.1 Italy Algae Skincare Products Market by Source
7.6.2 Italy Algae Skincare Products Market by Algae Type
7.6.3 Italy Algae Skincare Products Market by Type
7.7 Rest of Europe Algae Skincare Products Market
7.7.1 Rest of Europe Algae Skincare Products Market by Source
7.7.2 Rest of Europe Algae Skincare Products Market by Algae Type
7.7.3 Rest of Europe Algae Skincare Products Market by Type
Chapter 8. Company Profiles
8.1 Algeternal
8.1.1 Company Overview
8.2 Algenist LLC (Tengram Capital Partners LLC)
8.2.1 Company Overview
8.2.2 SWOT Analysis
8.3 Sarkli-Repechage, Ltd
8.3.1 Company Overview
8.4 Mario Badescu Skin Care, Inc.
8.4.1 Company Overview
8.4.2 SWOT Analysis
8.5 MisshaUS
8.5.1 Company Overview
8.5.2 SWOT Analysis
8.6 Bioelements
8.6.1 Company Overview
8.6.2 SWOT Analysis
8.7 Mara Beauty, LLC
8.7.1 Company Overview
8.8 Seaflora Skincare Inc
8.8.1 Company Overview
8.8.2 SWOT Analysis
8.9 Osea International, LLC
8.9.1 Company Overview
8.10. Tatcha LLC (Unilever PLC)
8.10.1 Company Overview
8.10.2 Financial Analysis
8.10.3 Segmental and Regional Analysis
8.10.4 Research & Development Expense
8.10.5 SWOT Analysis

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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