Snail Beauty Products Global Market Report 2024

The snail beauty products market size has grown exponentially in recent years. It will grow from $2.52 billion in 2023 to $3.45 billion in 2024 at a compound annual growth rate (CAGR) of 36.6%. The growth observed in the historic period can be attributed to factors such as cultural and traditional use, the trend towards natural and organic products, scientific validation of snail mucin benefits, the recognized anti-aging properties of snail mucin, and the influence of K-beauty (Korean beauty) trends. These factors collectively contributed to the increased popularity and adoption of snail beauty products during the historic period.

The snail beauty products market size is expected to see exponential growth in the next few years. It will grow to $11 billion in 2028 at a compound annual growth rate (CAGR) of 33.6%. The anticipated growth in the forecast period can be attributed to factors such as expansion into new markets, the rise of conscious consumerism, integration of snail extracts into a variety of products, customization and personalization trends, and the increasing popularity of snail mucin in skincare. Major trends expected in the forecast period include collaborations and partnerships, the implementation of digital marketing strategies, continuous innovation and product development, the dominance of digital marketing and e-commerce channels, as well as increased emphasis on scientific validation and consumer education.

The anticipated growth of the snail beauty products market is fueled by the increasing demand for natural and organic skincare. Natural and organic skincare products use ingredients sourced directly from nature, such as plants, minerals, and sometimes animal by-products. Snail mucin, known for its antioxidant properties, is a popular ingredient in skincare products that can protect the skin from free radical damage. Combining snail mucin with other organic skincare ingredients rich in antioxidants enhances the skin's defense against environmental stressors. The rise in sales of certified organic cosmetics in the UK, as reported by the Centre for the Promotion of Imports from Developing Countries in June 2023, indicates a growing consumer preference for natural and organic skincare products, thereby driving the snail beauty products market.

Government initiatives for beauty products are also expected to contribute to the growth of the snail beauty products market. Government initiatives are designed to meet public needs, improve quality of life, stimulate economic growth, and address various societal challenges. In the beauty industry, government regulations are often implemented to ensure the safety of cosmetic products. These regulations may include guidelines for ingredient safety, manufacturing processes, and product testing, safeguarding consumers from harmful substances and ensuring overall product safety. The collaboration between the British Beauty Council and the Department of International Trade in the UK, resulting in the launch of Trade Hub in February 2022, exemplifies a government initiative aimed at supporting beauty businesses and ensuring sustained growth in the industry.

In April 2021, Kao Corporation, a Japan-based cosmetics company, merged with Kanebo and Sofina Beauty. The merger led to the formation of Kao Beauty Brands Counseling Co. Ltd., a company focused on strengthening brand communications and expanding its customer base through professional counseling. This strategic move by Kao Corporation aligns with the company's emphasis on brand management and is expected to create synergies within the group while enhancing productivity in the competitive beauty market.

Major companies operating in the snail beauty products market report are Kao Corporation, Clariant AG, Amorepacific Corporation, KOSÉ Corporation, Neogen Corporation, Murad LLC, Beauty of Joseon, Laboratorios Portugal S.R.L., Able C&C Co. Ltd., Nature Republic, Han Bul Cosmetics Co. Ltd., Tonymoly Co.Ltd., Biopelle, Cosway Company Inc., Kenra Professional LLC, COSRX Official, Etude House Corporation, The Face Shop, Benton Inc., YEOUTH, Nabion Co. Ltd. - Mizon, Eveline Cosmetics, ZENPIA Co. Ltd. - Secret Key, Seoul Ceuticals, SMD Cosmetics, CoSeedBioPharm Co. Ltd., Lumadea Cosmetics, Pyunkang Yul, TianDe Rheinland Halabis GmbH, Skin Watchers.

Asia Pacific was the largest region in the snail beauty products market in 2023. The regions covered in the snail beauty products market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the snail beauty products market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The snail beauty products market consists of sales of a variety of product types, such as multi-function cream, cell renewal cream, anti-aging cream, and anti-acne cream Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

Snail beauty products, also known as snail mucin skincare products, are cosmetic and skincare items formulated with snail slime. Snails naturally produce mucin to safeguard and lubricate their bodies, and this substance is utilized in beauty products for its moisturizing, hydrating, and skin-renewing properties.

The primary product types of snail beauty products include snail creams, snail serums, snail masks, snail lotions, and others. Snail creams, specifically, are skincare products that incorporate snail mucus for its recognized skin-benefiting properties. These products are distributed through various channels, including hypermarkets, supermarkets, specialty stores, and e-commerce platforms. They are utilized by a diverse range of end-users, including both males and females.

The snail beauty products market research report is one of a series of new reports that provides snail beauty products market statistics, including snail beauty products industry global market size, regional shares, competitors with a snail beauty products market share, detailed snail beauty products market segments, market trends and opportunities, and any further data you may need to thrive in the snail beauty products industry. This snail beauty products market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.


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