Ampoule Cream Market Is Projected To Register A Healthy CAGR Of 4.5% From 2019 To 2025 | Grand View Research, Inc.

September 04 23:19 2020
Ampoule Cream Market Is Projected To Register A Healthy CAGR Of 4.5% From 2019 To 2025 | Grand View Research, Inc.

Grand View Research, Inc. – Market Research And Consulting.
According to report published by Grand View Research, The global ampoule cream market size was valued at USD 466.3 million in 2018 and is estimated to expand at a CAGR of 4.5% for the forecast period of 2019 to 2025.

The global ampoule cream market size is expected to reach USD 635.2 million by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 4.5% over the forecast period. The market is driven by consumer spending on specific skin care products to target one issue at a time. Moreover, drastic changes in purchasing power of consumers in developing countries such as China and India is anticipated to increase the demand for cosmetic products over the forecast period.

The market is driven by high growth of the personal care products industry in Asia Pacific, along with rise in sales of facial care products. Demand for ampoule creams is mostly observed in South Korea and China owing to concentration of various manufacturers in this region. Not only women, Korean men are also spending increasingly on cosmetics products in order to improve their skin and appearance. They are the world’s largest per capita consumers of skincare products leading to the market growth in the region.

The market growth is attributed to leading number of manufacturers and distributors entering the skin care industry. Increasing demand for the products that help in hydrating the skin, maintaining moisturizing property of skin, color complexion, and soft skin is a key factor driving the market. Moreover, impact of e-commerce channels, specialty and convenience stores, and beauty stores provides a growth opportunity for ampoule cream in the market.

Ampoule cream is more like a vaccine concentrated on one problem at a time. 100% concentration of ingredients in such products leads to fast recovery of skin problems. Consumers prefer these products for fast result and to avoid any side effects from sideline ingredients. Europe is anticipated to witness significant growth in the coming years due to high consumer awareness regarding skin care, along with increasing product launches by the key manufacturers in the market. Moreover, increased sales of cosmetic products in Europe is anticipated to surge the demand for ampoule cream over the forecast period.

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Growing consumer awareness regarding multi-functional products such as anti-aging, moisturizing, and firming skin types in the market will fuel the product demand in the ampoule cream market. Various manufacturers are taking initiatives such as product launches, acquisitions, and promotional campaigns to establish their foothold in the market. Some of the prominent manufacturers in this market are Amway Corp.; The Estée Lauder Companies Inc.; Coreana Cosmetics Co. Ltd.; and Mizon Co. Ltd. For instance, in October 2017, Leegeehaam Cosmetics launched a new product as Hyal B5 Toner ampoule cream formulated with vitamin B3, B5, and 5 hyaluronic complex for optimum level of hydration.

U.S. ampoule cream market size, by product, 2015 - 2025 (USD Million)

Further key findings from the report suggest:

  • By product, moisturizing cream led the market and accounted for a share of 51.8% in the year 2018
  • Offline channel dominated the global ampoule cream market with an overall share of 85.9% in 2018
  • North America dominated the global market in 2018, accounting for 35.7% share of the overall revenue. This trend is projected to continue over the next few years.

Global ampoule cream market share, by distribution channel, 2018 (%)

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Key Topics Covered 

Chapter 1. Methodology and Scope
                     1.1. Market Segmentation & Scope
                     1.2. Market Definition
                     1.3. Information Procurement
                          1.3.1. Purchased Database
                          1.3.2. GVR’s Internal Database
                          1.3.3. Secondary Sources & Third-Party Perspectives
                          1.3.4. Primary Research
                     1.4. Information Analysis
                          1.4.1. Data Analysis Models
                     1.5. Market Formulation & Data Visualization
                     1.6. Data Validation & Publishing
Chapter 2. Executive Summary
                     2.1. Market Outlook
                     2.2. Segmental Outlook
                     2.3. Competitive Insights
Chapter 3. Ampoule Cream Market Variables, Trends & Scope
                     3.1. Market Introduction
                     3.2. Penetration & Growth Prospect Mapping
                     3.3. Industry Value Chain Analysis
                          3.3.1. Sales/Retail Channel Analysis
                          3.3.2. Profit Margin Analysis
                     3.4. Market Dynamics
                          3.4.1. Market Driver Analysis
                          3.4.2. Market Restraint Analysis
                          3.4.3. Industry Challenges
                          3.4.4. Industry Opportunities
                     3.5. Business Environment Analysis

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About Grand View Research
Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S.-based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.

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