Market Size of Asia-Pacific Beauty Drinks Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 10.10 % |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
Asia-Pacific Beauty Drinks Market Analysis
Asia-Pacific Beauty Drinks Market is projected to grow at a CAGR of 10.1% during the forecast period (2020-2025).
- The market for beauty drinks is predominantly driven by the standard consumer shift toward preventive skincare, with the increasing geriatric population, across the countries. Moreover, a rising number of health-conscious consumers supported by rising disposable incomes is a major factor driving the market growth.
- Manufacturers are offering a wide variety of flavors in these drinks to gain more market share, by offering differentiated products to its customers.
Asia-Pacific Beauty Drinks Industry Segmentation
Asia-Pacific Beauty Drinks Market is segmented by ingredient type that includes collagen, vitamins and minerals, and others. Based on the distribution channel, the market is divided into supermarket/hypermarket, pharmacies and drug stores, specialty stores, online retail, and other distribution channels. The study also involves the analysis of regions such as China, Japan, India, Australia, and the rest of Asia-Pacific.
By Ingredient Type | |
Collagen | |
Vitamins and Minerals | |
Others |
By Distribution Channel | |
Supermarket/Hypermarket | |
Pharmacies and Drug Stores | |
Specialty Stores | |
Online Retail | |
Other Distribution Channels |
Geography | |||||||
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Asia-Pacific Beauty Drinks Market Size Summary
The Asia-Pacific beauty drinks market is experiencing significant growth, driven by a shift towards preventive skincare and an increasing geriatric population. This trend is further supported by a rise in health-conscious consumers with higher disposable incomes. Manufacturers are capitalizing on this demand by offering a diverse range of flavors and differentiated products to capture a larger market share. Collagen-based beauty drinks are particularly popular among older consumers due to the natural decline in collagen production with age. The growing awareness of the skin health benefits of collagen, coupled with increased investments by ingredient manufacturers, has led to the expansion of collagen-infused beauty drinks. This expansion is fueled by consumers' desire to prevent premature aging and a preference for natural and effective beauty solutions.
The distribution of beauty drinks is also evolving, with supermarkets and hypermarkets becoming key retail channels. These outlets offer a wide variety of brands and flavors, catering to brand-conscious consumers and providing convenience in shopping. The large consumer base and high visibility of products in these stores enhance the potential for high-volume sales. The market is highly fragmented, with numerous players such as Shiseido Co. Ltd, Sappe Public Company Limited, and Kino Biotech leading the charge. Companies are focusing on product innovation and expansion as primary strategies to maintain competitiveness and meet the growing demand for beauty drinks in the region.
Asia-Pacific Beauty Drinks Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Drivers
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1.2 Market Restraints
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1.3 Porter's Five Forces Analysis
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1.3.1 Threat of New Entrants
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1.3.2 Bargaining Power of Buyers/Consumers
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1.3.3 Bargaining Power of Suppliers
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1.3.4 Threat of Substitute Products
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1.3.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION
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2.1 By Ingredient Type
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2.1.1 Collagen
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2.1.2 Vitamins and Minerals
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2.1.3 Others
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2.2 By Distribution Channel
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2.2.1 Supermarket/Hypermarket
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2.2.2 Pharmacies and Drug Stores
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2.2.3 Specialty Stores
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2.2.4 Online Retail
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2.2.5 Other Distribution Channels
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2.3 Geography
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2.3.1 Asia Pacific
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2.3.1.1 China
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2.3.1.2 Japan
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2.3.1.3 India
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2.3.1.4 Australia
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2.3.1.5 Rest of Asia-Pacific
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Asia-Pacific Beauty Drinks Market Size FAQs
What is the current Asia-Pacific Beauty Drinks Market size?
The Asia-Pacific Beauty Drinks Market is projected to register a CAGR of 10.10% during the forecast period (2024-2029)
Who are the key players in Asia-Pacific Beauty Drinks Market?
Shiseido Co. Ltd , Sappe Public Company Limited , Hangzhou Nutrition Biotechnology Co. Ltd, FUJIFILM Holdings Corporation and Kino Biotech are the major companies operating in the Asia-Pacific Beauty Drinks Market.