The J-beauty product size is estimated to be USD 34,468 million in 2024. The market is estimated to surpass USD 52,512 million by 2034. Market analysis suggests that demand for personal care products drives the trend of Asian beauty products.
Attributes | Details |
---|---|
Global J-Beauty Product Market Value for 2024 | USD 34,468 million |
Projected Market Value for 2034 | USD 52,512 million |
Value-based CAGR of Market for 2024 to 2034 | 4.30% |
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The J-beauty product market is segmented into product type, distribution channel, and type category. The dominance of skincare segments in product type has been observed, whereas the conventional segment is leading the way in the type category.
The skincare segment is expected to grow with a share of 45.20% over the forecast period. The skincare segment is dominating the market owing to the increasing use of skincare by individuals for personal care in the country. Moreover, J-beauty emphasizes an integrated approach to skincare by focusing on the skin's hydration, protection, and nourishment. Under-eye creams, deep cleansing oils, sheet masks, and other skin care treatments are popular.
Attributes | Details |
---|---|
Product Type | Skincare |
Market Share in 2024 | 45.20% |
The conventional segment is expected to hold a share of 90.80% over the forecast period, owing to industry expansion and rising usage of chemicals in beauty products. Several synthetic and traditional compounds, such as retinoid and hydroquinone, are being used more frequently in J-beauty products to target specific skin issues, such as fine lines and hyperpigmentation.
Attributes | Details |
---|---|
Type | Conventional |
Market Share in 2024 | 90.80% |
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In 2024, China is estimated to take the reins in the global J-beauty product market, claiming an impressive market share due to rising demand for organic skincare products. Meanwhile, India and Australia are a little far behind, holding a CAGR of 4.70% and 4.40%, respectively. This solidifies Asia Pacific’s notable presence in the market. Moreover, the United States and Germany are making substantial contributions to the growth of the market.
Countries | CAGR in 2024 |
---|---|
United States | 3.90% |
India | 4.70% |
Germany | 3.50% |
China | 5.30% |
Australia | 4.40% |
German consumers are known for their focus on preventative healthcare, and they are intrigued by J-beauty's emphasis on preventing skin problems from occurring in the first place. German consumers particularly respond to J-beauty's emphasis on hydration and sun protection.
Companies like POLA ORBIS HOLDINGS INC., Mandom Corp., Kosé Corporation, Procter & Gamble Company, etc., already have a strong foothold in the industry.
Manufacturers are creating strong brand identities through effective marketing strategies to boost customer retention. Manufacturing processes are being improved, and the supply chain is being optimized to enhance capacity and meet increased demand.
Recent Developments in the J-Beauty Products
Shiseido Co., Ltd.
Shiseido established itself as a leader in the beauty industry. The extensive portfolio of the brand includes skincare, cosmetics, fragrance, and hair care items. Shiseido's dedication to innovative technology and research has resulted in crucial products, and the company's global presence has made it a global representation of Japanese beauty. Shiseido continues to create beauty products in Japan and worldwide to influence a life of beauty and culture.
Mandom Corp.
Mandom Corp., headquartered in Osaka, Japan, is a well-known beauty and grooming company focusing on men's skincare and hair care products. GATSBY, the company's flagship brand, offers a wide range of products, including skincare, hair styling, and grooming items. Mandom is known for its dedication to quality and creativity, producing items that represent current trends while maintaining traditional Japanese excellence. Mandom remains a trusted name in the Japanese beauty and grooming business, focusing on satisfying the different demands of its customers.
Attribute | Details |
---|---|
Estimated Industry Size in 2024 | USD 826.2 million |
Projected Industry Size by 2034 | USD 1,595 million |
Anticipated CAGR between 2024 to 2034 | 6.80% |
Historical Analysis of Demand for J-Beauty Products | 2019 to 2023 |
Demand Forecast for J-Beauty Products | 2024 to 2034 |
Report Coverage | Industry Size, Industry Trends, Key Insights for J-Beauty Product Market, Insights on Global Players and Leading Industry Strategy in Japan, Ecosystem Analysis of Local and Regional Market. |
Key Companies Profiled | POLA ORBIS HOLDINGS INC.; Mandom Corp.; Kosé Corporation; Procter & Gamble Company; Kao Corporation; Lion Corporation; Unilever; Procter & Gamble Company; L'Oreal Groupe (Nihon L’Oreal); Shiseido Co., Ltd.; FANCL CORPORATION; CANMAKE |
In 2024, the market size of the j-beauty products is estimated to be USD 34,468 million.
Increased demand for personal care products in the country is one of the key trends in the j-beauty products.
The J-beauty products are expected to progress at an average CAGR of 4.30% from 2024 to 2034.
By 2034, the size of the j-beauty products is forecast to reach USD 52,512 million.
POLA ORBIS HOLDINGS INC., Mandom Corp., and Kosé Corporation are prominent players in J-beauty products.
Estimated Market Size (2024E) | USD 13,643.4 million |
---|---|
Projected Market Value (2034F) | USD 21,416.2 million |
Value-based CAGR (2024 to 2034) | 4.6% |
Market Value (2024) | USD 75,098.55 million |
---|---|
Anticipated Market Value (2034) | USD 135,897.65 million |
Estimated CAGR (2024 to 2034) | 6.1 % |
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