Global Hyaluronic Acid Beauty Products Market – Introduction
- Hyaluronic acid is used primarily in beauty and skin care products. It provides speedy recovery to wounds, reduces face lines, wrinkles, and skin aging, and heals cuts and burns, etc. Hyaluronic acid contains vitamin C for brightening the skin tone. Beauty products containing hyaluronic acid give nourishment to the skin when applied in the form of moisturizer, cream, skin toner, and serum, etc. Hyaluronic acid is commonly used by dermatologists while performing cosmetic surgeries for removing scars and unclogging pores. It is also used by cosmetic clinics, thus leading to an increase in the number of aesthetic procedures being done. Cosmetics with hyaluronic acid are available online, on company owned websites, on e-commerce websites such as Amazon, and in supermarkets & hypermarkets. This has increased the target audience buying the products.
Buying pattern of hyaluronic acid beauty products characterized by the growing aging population and skin problems (pimples and scars)
- In this technology obsessed world, people not only prefer cosmetic products, but are attracted to new advancements in the beauty and cosmetics sector, for instance, better dermal fillers inside the skin, and the amount of penetration a particular product has with the skin, all of which is leading to a shift in the demand pattern for hyaluronic acid beauty products globally. International cosmetic products are witnessing growing demand as they are more sensitive to the skin. Cost-effective treatments, quick absorption of hyaluronic acid into the skin, anti-aging hyaluronic acid beauty products, and hyaluronic acid injectables are driving the market and are further expected to propel the growth of the hyaluronic acid beauty products market.
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Wide range of beauty products in the market at affordable prices increasing the market share of beauty products.
- Affluent shoppers buy beauty products around the world in stores such as Sephora, MAC, and Lakme, which has increased consumer footfalls in stores stocking beauty products with hyaluronic acid. Some of the products containing hyaluronic acid are Plum Youthful Radiance Duo, Skin Plumping Water Sleep Mask, Neutrogena, and Lancome Absolute, which are commonly available on the internet at a varied price range. With the popularity of hyaluronic acid, it is considered one of the gold standard ingredients to hydrate the skin, which is a factor driving sales in the market. The market has a very high share of beauty products because beauty routines have become the need of customers in their day-to-day life. Changing patterns in the lifestyle of people has extensively influenced the sale of hyaluronic acid beauty products globally.
Key Players Operating in the Hyaluronic Acid Beauty Products Market
Tough competition is anticipated among major market players as the products are heavily demanded. Larger target audience is one of the key reasons for the success of manufacturers in the sector. Market players such as Allergan, Sanofi, Ferring B.V., Zimmer Biomet, Anika Therapeutics, and others are conducting research on the packaging design, size, smell, and color, etc. of the beauty products so that the products can attract consumers. Some of the key players operating in the global hyaluronic acid beauty market include:
- Allergan
- Sanofi
- Ferring B.V.
- Zimmer Biomet
- Anika Therapeutics
- Seikagaku Corporation
- F.Merz Asthetics
- Fidia Farmceutici
- Smith & Nephew plc
- Beauty Star Alliance
Global Hyaluronic Acid Beauty Products Market – Research Scope
Global Hyaluronic Acid Beauty Products Market, by Product Type
- Skin creams
- Skin lotions
- Toner
- Serum
- Moisturizer
- Others (Dermatological creams for scars)
Global Hyaluronic Acid Beauty Products Market, by Application
- Dermal Fillers
- Ophthalmic
Global Hyaluronic Acid Beauty Products Market, by Price
- High/Premium
- Medium
- Low
Global Hyaluronic Acid Beauty Products Market, by Distribution Channel
- Offline
- Specialty Stores
- Hypermarket
- Supermarket
- Online
- Company owned websites
- E-commerce websites
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers’ or customers’ journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
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The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Europe
- Latin America
- The Middle East and Africa
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