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Taiwan Probiotic Cosmetics Market - Size, Share, and Forecast (2024-2027)

Published: September 2024 || SKU: FMCG8649
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180 pages
Report Summary
Table of Contents
List of Tables & Figures
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Overview

The Taiwan probiotic cosmetics market recorded a value of US$ 32.25 million in 2023 and is expected to reach a value of US$ 41.37 million in 2027, growing at a CAGR of 6.55% during the forecast period (2024-2027). 

As Taiwanese consumers become more knowledgeable about skincare, there is a rising interest in products that support the natural balance of the skin’s microbiome, which plays a crucial role in maintaining skin health and preventing issues such as acne, inflammation, and premature aging. This trend is driven by a combination of factors, including widespread access to information through digital platforms, the influence of beauty bloggers and influencers, and the growing emphasis on preventative skincare. 

Consumers are increasingly seeking products that not only address immediate skin concerns but also promote long-term skin health, leading to a surge in demand for probiotic cosmetics that claim to enhance and protect the skin’s natural ecosystem. This trend is expected to continue as education on the benefits of probiotics in skincare deepens, further propelling market growth.

Scope

Metrics

Details

CAGR

6.55%

Size Available for Years

2018-2027

Forecast Period

2024-2027

Data Availability

Value (US$) 

Segments Covered

Type, Ingredient, Consumer Orientation, Application, Packaging, and Distribution Channel

Report Insights Covered

Competitive Landscape Analysis, Company Profile Analysis, Market Size, Share, Growth, Demand, Recent Developments, Mergers and Acquisitions, New Product Launches, Growth Strategies, Revenue Analysis, Porter’s Analysis, Pricing Analysis, Regulatory Analysis, Supply-Chain Analysis, and Other key Insights.

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Drivers

Availability in Retail Channels

The availability of probiotic cosmetics in retail channels is a critical driver for the growth of the Taiwan probiotic cosmetics market. As consumer interest in probiotic skincare products continues to rise, the accessibility of these products in retail outlets plays a pivotal role in driving the Taiwan probiotic cosmetics market expansion. 

Retail channels, including department stores, beauty specialty shops, drugstores, and supermarkets, provide consumers with the opportunity to discover and purchase probiotic cosmetics more conveniently. When these products are prominently displayed and easily accessible in physical stores, they attract a broader consumer base, including those who may not be actively seeking out probiotic skincare but are intrigued by the in-store experience or recommendations from sales associates.

The integration of probiotic cosmetics into popular retail channels also lends credibility to these products, which can be essential for gaining consumer trust in a market where new skincare trends are frequently introduced. When consumers see probiotic cosmetics available alongside well-established brands in respected retail environments, it reinforces the perception that these products are effective and reliable.

Investment in Dermatological Research

Investment in dermatological research is a powerful driver of the Taiwan probiotic cosmetics market, as it directly influences the development, efficacy, and consumer trust in these innovative skincare products. As companies and academic institutions allocate more resources toward researching the benefits and applications of probiotics in skincare, the market is set to experience significant growth. 

Dermatological research provides the scientific foundation necessary to substantiate the claims made by probiotic cosmetics, thereby enhancing consumer confidence and encouraging broader adoption. By exploring the mechanisms through which probiotics interact with the skin microbiome, research can lead to the development of more targeted and effective products that address specific skin concerns, such as acne, eczema, or premature aging, which are highly relevant in the Taiwan market.

Restraints

Challenges in Product Stability

Challenges in product stability present a significant restraint on the Taiwan probiotic cosmetics market, as maintaining the viability and efficacy of live probiotics in cosmetic formulations is a complex and demanding task. Probiotics are living microorganisms that require specific conditions to remain active and beneficial; however, cosmetic products often involve ingredients, processing methods, and storage conditions that can compromise the stability of these delicate organisms. 

Factors such as temperature fluctuations, exposure to light, and interactions with other ingredients can diminish the potency of probiotics, leading to reduced effectiveness and shorter shelf life. This issue is particularly problematic in the Taiwan market, where consumers expect high-performance skincare products and are quick to notice when a product does not deliver the promised results. 

Trends

Segment Analysis

The Taiwan probiotic cosmetics market is segmented based on type, ingredient, consumer orientation, application, packaging, and distribution channel.

Exploring the Influence of Lactobacillus on the Probiotic Cosmetic Surge in Taiwan

The Lactobacillus segment is a major driver of the probiotic cosmetic market in Taiwan, fueled by the growing consumer awareness of skin microbiome health and the demand for natural, skin-friendly ingredients. Lactobacillus, a well-known probiotic strain, is celebrated for its ability to balance the skin’s microbiome, enhance skin barrier function, and provide anti-inflammatory and anti-aging benefits, making it a sought-after ingredient in skincare products. This segment's growth is closely tied to the increasing preference for probiotic-infused cosmetics, as Taiwanese consumers become more informed about the benefits of maintaining healthy skin flora.

The key factors driving the Lactobacillus segment are its versatility and efficacy in various skincare formulations, including cleansers, moisturizers, serums, and masks. These products are often marketed as providing benefits such as soothing sensitive skin, reducing redness, and enhancing skin hydration, which resonates well with Taiwanese consumers who prioritize gentle and effective skincare. Thus, the rise of personalized skincare routines has further boosted the Lactobacillus segment.

Sustainability Analysis

The sustainability of the probiotic cosmetic market in Taiwan is influenced by several critical factors, including eco-friendly production practices, sustainable sourcing of ingredients, and the overall environmental impact of these products. As the market for probiotic cosmetics grows, driven by increasing consumer awareness of both personal and environmental health, sustainability has become a key consideration for both consumers and manufacturers.

Packaging is another critical area where sustainability is being actively addressed. The probiotic cosmetic market in Taiwan has seen a significant shift towards using recyclable, biodegradable, or reusable packaging materials. Brands are increasingly adopting packaging solutions that minimize plastic use and promote circular economy principles. For instance, some Taiwanese companies have introduced products in glass jars or metal containers that can be refilled or recycled, thus reducing single-use plastic waste. 

Unmet Needs

The most significant unmet need in this market is the demand for scientifically validated products that offer clear, demonstrable benefits. While probiotics have garnered considerable attention for their potential to enhance skin health by balancing the microbiome, there is a lack of robust clinical evidence that clearly defines their effectiveness across different skin types and conditions. 

Consumers in Taiwan, who are increasingly well-informed and discerning, are looking for products backed by scientific research that can guarantee results. The absence of such validated products creates a gap in the market, leaving many potential customers hesitant to invest in probiotic skincare. Many probiotic skincare products are marketed with a general focus on skin health and balance, without addressing specific issues such as aging, hyperpigmentation, or acne, which are of significant concern to Taiwanese consumers. 

There is a growing desire for products that integrate probiotics with other active ingredients known to target these specific concerns effectively. Brands that can innovate and develop targeted probiotic formulations for different skin issues could tap into this unmet demand and differentiate themselves in a crowded market. 

Competitive Landscape

The major players in the market include TENSALL BIO-TECH CO. LTD., GenMont Biotech Inc., Kindshare (Kangshuo Biomedical Co., Ltd.), Neogence, and L'HERBOFLORE.

By Type

  • Facial Care Products 
    • Creams
    • Lotions
    • Cleanser
    • Serums
    • Others
  • Hair Care Products
    • Shampoo
    • Hair Conditioner
    • Hair Serums
    • Others
  • Body Care Products
    • Deodorants
    • Exfoliants
    • Soaps
    • Body Lotions
    • Others
  • Nail Care Products
  • Others
    • Make-up Products
    • Female Intimate Care Products

By Ingredient

  • Lactobacillus
  • Streptococcus
  • Bifidobacterium
  • Others

By Consumer Orientation

  • Male
  • Female

By Application

  • Skin Health
    • Acne
    • Anti-Ageing
    • Skin Whitening
    • Anti-Inflammatory
    • Photoprotective Effects
    • Others
  • Hair Health
    • Hair Fall
    • Hair Growth
    • Scalp Cleaning
    • Others
  • Nail Health

By Packaging

  • Tubes
  • Bottles
  • Jars
  • Pumps and Dispensers
  • Others 

By Distribution Channels

  • Supermarkets/Hypermarkets
  • Pharmacies and Drug Stores
  • Convenience Stores
  • Online Retailers
  • Other Distribution Channels

Why Purchase the Report?

  • To visualize the Taiwan probiotic cosmetics market segmentation based on type, ingredient, consumer orientation, application, packaging, and distribution channel, as well as understand key commercial assets and players.
  • Identify commercial opportunities by analyzing trends and co-development. 
  • Excel data sheet with numerous data points of Taiwan probiotic cosmetics market-level with all segments.
  • PDF report consists of a comprehensive analysis after exhaustive qualitative interviews and an in-depth study.
  • Product mapping available as excel consisting of key products of all the major players.

The Taiwan probiotic cosmetics report would provide approximately 40 tables, 52 figures, and 210 pages.

Target Audience 2024

  • Manufacturers/ Buyers
  • Industry Investors/Investment Bankers
  • Research Professionals
  • Emerging Companies
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$3175
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FAQ’s

  • The Taiwan probiotic cosmetics market recorded a value of US$ 32.25 million in 2023 and is expected to reach a value of US$ 41.37 million in 2027

  • Key Players are TENSALL BIO-TECH CO. LTD., GenMont Biotech Inc., Kindshare (Kangshuo Biomedical Co., Ltd.), Neogence, and L'HERBOFLORE.
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