November 29, 2021
According to the research report titled ‘Global Ampoule Cream Market Size study, by Product (Moisturizing Cream, Firming Cream, Anti-aging Cream and Multifunctional Cream), by Distribution Channel (Online and Offline), and Regional Forecasts 2021-2027’, available with MarketStudyReport, global ampoule cream market is expected to grow significantly during the forecast period 2021-2027.
Developments in cosmetics & personal care sectors, high product demand from beauty professionals, and surging inclination towards use of natural ingredients in cosmetics are propelling the growth of global ampoule cream market. As per the data provided by Statista, annual growth rate of cosmetics market has increased from 4% in 2016 to 5.25% in 2019.
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For the unversed, ampoule cream is a serum and essence used for skin treatment. It is packaged in a sealed bottle as it contains active ingredients such as hyaluronic acid and vitamin C, which help in preventing anti-aging and aid in brightening of the skin.
Moreover, the presence of high concentrations of active ingredients in ampoule creams that can restore skin texture in a short period of time, as well as new product introductions, are projected to accelerate industrial development in the coming years.
Despite the positive outlook, high cost of ampoule cream and the potential side effects associated with overdose may impede market expansion during the forecast period.
Based on product type, worldwide ampoule cream market is divided into multifunctional cream, firming cream, anti-aging cream, and moisturizing cream. In terms of distribution channels, the industry is categorized into online and offline.
From the regional standpoint, the market spans across Asia Pacific (India, China, Australia, Japan, South Korea), North America (U.S., Canada), Europe (Spain, Italy, France, UK, Germany), and Latin America (Mexico, Brazil). Among these, Asia Pacific market is expected to grow at a rapid pace during the forecast period, owing to increase in demand for skincare products caused by rising awareness about skin problems in emerging countries such as India, China, and Japan.
The competitive landscape of global ampoule cream market is defined by companies such as Guerlain SAS, Amway Corporation, Vprove Malaysia, Helena Rubinstein (L’Oréal Produits De Luxe International S.A.), Estee Lauder Companies Inc., Mizon Co. Ltd., Leegeehaam Cosmetics, LG Household & Health Care Ltd., Coreana Cosmetics Co. Ltd., and Sisley Cosmetics USA Inc. among others.