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Ampoule creams containing active ingredients such as vitamin C, antioxidants, glycerine, and others are designed for specific skincare treatments. Unlike serums, ampoule creams are used only for specific skincare routines. These cosmetics are usually sealed with plastic packaging to improve their shelf life. Growing awareness regarding the availability of functional skincare products designed for treating specific skin conditions such as dryness, dark spots, wrinkles, aging, etc., is mainly driving the demand for such products. In addition, the increasing prevalence of aging & acne skin conditions among millennials and their preference for ampoule skincare products is accelerating the global ampoule cream market growth.
Furthermore, a rising number of salon professionals and an increasing number of beauty parlors & salon chains using premium quality ampoule creams is anticipated to drive product revenues globally.
According to the data presented by the U.S. Bureau of Labor Statistics (BLS), as of May 2022, there are 298,050 cosmetologists, hairstylists, and hairdressers in the U.S., 3.2% up over the previous year.
Naturals, an Indian hair and beauty salon chain, currently operates with more than 650 salons across India and aims to increase its presence to approximately 3000 salons by 2025.
The impact of the COVID-19 pandemic is negative on the global ampoule cream market. The closure of supermarkets and cosmetic stores has severely impacted the consumption of skin care products in many countries globally. In addition, trade restrictions, disruption in the global cosmetic industry supply chain, and limited availability of labor & raw material supplies during the COVID-19 pandemic are the factors that significantly lowered the demand for ampoule creams worldwide.
The report will cover the following key insights:
The global ampoule cream market's moisturizer segment is expected to grow faster because of the increasing consumer demand for skincare products fulfilling hydration and moisturization routine needs. In addition, the rising prevalence of skin dryness & aging among the aged population and their preference for moisturizing skincare products is accelerating the moisturizer segmental growth.
The women segment is projected to lead the global ampoule cream market in 2022. Women primarily suffer from skin concerns and prefer luxury skincare products for their specific skincare routines. In addition, they are majorly concerned about physical appearance and looks over men. These aspects mainly result in significant women consumer demand for ampoule creams.
The offline segment is anticipated to hold a leading ampoule cream market share in 2022. The online segment is expected to dominate the market in 2022. The rise in e-buying will drive the online segment as e-commerce key players such as Amazon, Flipkart, Nykaa, Sephora, and others have come with a minimum one-day delivery which will boost the online segment. Online platforms with high discounts and offers are accelerating the market.
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The Asia Pacific ampoule cream market is expected to grow faster than the global market during 2023-2030 due to the increasing awareness of skin care products among the population in the region. The changing skincare routines and continual utilization of beauty products among the population in Asia Pacific countries such as India and China are also creating lucrative market growth opportunities in the region. Skincare refers to cleanliness and improved standards of living for a large audience. The growing popularity of K-Beauty skincare creams and lotions among Indian and Chinese consumers is accelerating the Asian market growth. According to the statistical data presented by United Nations' Comtrade database, in 2020, South Korea exported USD 3.24 billion in cosmetic goods to China.
The research report will include the profiles of key players, such as Amway Corp., Coreana Cosmetics Co., Ltd., The Estée Lauder Companies Inc., Sisley Singapore Pte Ltd., L.G. Household & Health Care Ltd., T.J.S. Beauty Secret India Private Limited, Median Co.Ltd, Artistry Design Studio, and Vprove Solution Pvt. Ltd.
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