Ampoule Cream Market benefits, Statistics, Opportunities, Demand, Forecast to 2027
Market Highlights
Ampoule creams are intense and potent
variants of serums and essences. They are typically formulated with high
concentrations of active ingredients, which claim to revive and boost the skin
in relatively less time. The global ampoule
cream market is projected to register a significant growth rate of 4.2% from 2019 to 2024 and
reach a market value of USD 573 Million
by 2024. The increasing popularity of these products provides an opportunity to
market players to increase their geographic presence in emerging markets across
the world. However, the possibility of reactions due to the overuse of ampoule
creams may hinder market growth during the forecast period.
The global ampoule cream market has
been segmented based on type, distribution channel, and region.
Based on type, the global ampoule
cream market has been divided into firming ampoule, moisturizing ampoule,
anti-aging ampoule, UV-protection ampoule, multifunctional ampoule, and others.
The moisturizing segment is expected to dominate the global ampoule cream
market during the forecast period. Moisturizing ampoules, due to their high
concentration of active ingredients, help in reducing skin dryness and acne.
They also help in repairing sensitive skin and reducing aging symptoms such as
wrinkles. However, changing consumer preference for a single product
catering to multiple skin issues is boosting the popularity of multifunctional ampoule
creams market benefits. The multifunctional ampoule segment is therefore
expected to register the highest CAGR during the forecast period.
On the basis of distribution channel,
the global ampoule cream market has been classified as store-based and
non-store-based. The store-based segment has been further segregated into
hypermarkets and supermarkets, specialty stores, and convenience stores. The
store-based segment is expected to generate higher revenue, with the
hypermarkets and supermarkets sub-segment being the largest as these retail
stores offer strong vendor networks, high product appeal due to lucrative
packaging, and ease of availability. Furthermore, consumers favor consultations
and testing of skin care products before purchasing. However, the
non-store-based segment is expected to register the higher CAGR during the
assessment period owing to technological advancements in the e-commerce
industry and growing consumer preference for online purchase.
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Key Players
Some of the key players in the global
ampoule cream market are The Estée
Lauder Companies Inc. (US), LG Household & Health Care Ltd (South Korea),
Amway Corp. (US), Mizon (South Korea), Coreana Cosmetics Co. Ltd (South Korea),
VProve (Malaysia), Medians Co., Ltd (South Korea), and Leegeehaam Cosmetics
(South Korea).
Regional Analysis
The global ampoule cream market
has been segmented, by region, into North America, Europe, Asia-Pacific, and
the rest of the world.
The ampoule cream market in
Asia-Pacific is projected to dominate during the forecast period. It is also
expected to exhibit the highest growth rate from 2019 to 2024. Increasing
spending power and an emphasis on personal care products among the working
population are driving regional market growth. Furthermore, the introduction of
several ampoule cream variants including peptide ampoule creams, placenta
ampoule creams, and snail ampoule creams by market players are expected to drive
the growth of the market in Asia-Pacific during the forecast
period.
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