An increasing number of products with active, organic and herbal ingredients offers opportunities

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Dublin, Jan. 25, 2023 (GLOBE NEWSWIRE) — The “Global Beauty Refrigerator Market Size, Share & Industry Trends Analysis Report by distribution channel (offline and online), by capacity (up to 4 liters, 4 liters to 7 liters, 7 liters to 10 liters and over 10 liters), according to regional forecasts and forecasts, 2022 – 2028” report has been added to ResearchAndMarkets.coms to offer.

The global beauty refrigerators market size is expected to reach $213.9 million by 2028, rising at a market growth rate of 8.7% CAGR over the forecast period.

Market Growth Factors

Rising trend of products based on cold or cryotherapy

Through numerous studies and studies, applying cold products has proven to be extremely beneficial to the skin. The cold temperature of things applied to the skin, such as ice or refrigerated toners or balm, is very efficient in combating puffiness, open pores and blemishes. This has led to the trend of cryotherapy based creams and DIY ice rollers.

In addition, today’s hectic lifestyles and the consumption of alcohol and junk food have created a strong support for good skin care, and the benefits of cold product applications have also brought this support.

Therefore, the well-known benefits of using beauty and cosmetic products stored in the refrigerator will drive the growth of the beauty refrigerator market in the coming years.

Increasing number of products with active/organic/vegetable ingredients

With the rising trend of beauty and skin care, consumers have come to demand products that help benefit the skin without spending much. As a result, there is now a plethora of products available on the market with active ingredients or plant-based or organic components. In addition, manufacturers of skin products use temperature-sensitive ingredients such as vitamin C, retinol, hyaluronic acids, etc., which must be stored at low temperatures.

Therefore, the availability of such products as well as beauty refrigerators contribute significantly to the demand for them, especially among working individuals, thereby increasing the development of the market.

Capacity prospect

Based on capacity, the beauty refrigerator market is divided into up to 4 liters, 4 liters to 7 liters, 7 liters to 10 liters and over 10 liters. The 4 liter to 7 liter segment drove significant growth in the beauty refrigerator market in 2021. People who use a lot of products or decide to use products based on the skin condition on that particular day, prefer to store all their products in the beauty refrigerator. The preferred size for a larger volume of products is 4 to 7 litres. Beauty influencers and beauty salons can use beauty refrigerators of this size and thus drive the growth of the segment.

Distribution channel Outlook

On the basis of distribution channel, the beauty refrigerator market is divided into online and offline. The increasing preference of most people for offline shopping is the main factor influencing the expansion of the segment. People prefer to shop in stores as they like to see and touch and interact with the product before buying it. Most people also choose to buy products directly from stores instead of waiting for them to be delivered after ordering. In addition, buying products offline also provides clarity about the dimensions and weight of the product.

Regional outlook

On the basis of region, the beauty refrigerator market is analyzed across North America, Europe, Asia Pacific, and LAMEA. The Europe segment achieved a significant revenue share in the beauty refrigerator market in 2021. Increasing market presence and customer adoption of these products in some of the developed countries in the region are driving segment expansion. Many international and regional market participants are launching beauty refrigerators in this region. Their efforts are successful as in countries with high disposable income citizens, the demand for beauty products is constantly increasing.

The market research report deals with the analysis of the major stakeholders in the market. Key companies profiled in the report include Finishing Touch Flawless (Church & Dwight Co., Inc.), The Beauty Refrigerator (Quick Beauty Pty. Ltd.), Cooluli, Teami LLC, COOSEON, FaceTory, Inc., Hck Refrigeration Tech. Co., Ltd. and Chefman.

Scope of the study
By distribution channel

By capacity

  • Up to 4 litres

  • 4 liters to 7 liters

  • 7 liters to 10 liters

  • More than 10 litres

By geography

  • North America

  • US

  • Canada

  • Mexico

  • Rest of North America

  • Europe

  • Germany

  • UK

  • France

  • Russia

  • Spain

  • Italy

  • Rest of Europe

  • Asia Pacific

  • China

  • Japan

  • India

  • South Korea

  • Singapore

  • Malaysia

  • Rest of Asia Pacific

  • LAMEA

  • Brazil

  • Argentina

  • UAE

  • Saudi Arabia

  • South Africa

  • Niger

  • Rest of LAMEA

Main players in the market
List of companies profiled in the report:

  • Perfect Finish (Church & Dwight Co., Inc.)

  • The Beauty Refrigerator (Quick Beauty Pty. Ltd)

  • Cooluli

  • Teami LLC

  • COOSEON

  • FaceTory, Inc.

  • Hck Refrigeration. Co., Ltd

  • chef

Main topics:

Chapter 1. Market reach and methodology

Chapter 2. Market overview

Chapter 3. Global Beauty Refrigerator Market by Distribution Channel

Chapter 4. Global Beauty Refrigerator Market by Capacity

Chapter 5. Global Beauty Refrigerator Market by Region

Chapter 6. Company Profiles

For more information on this report, please visit https://www.researchandmarkets.com/r/2npfwi-beauty?w=12

About ResearchAndMarkets.com
ResearchAndMarkets.com is the world’s leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

Appendix

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An increasing number of products with active, organic and herbal ingredients offers opportunities

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