Analysts’ Viewpoint on Asia Pacific Traditional Chinese Herbal Medicine for Face-care Market Scenario
Since individuals are reluctant to visit salons and wellness centers due to the ongoing COVID-19 pandemic, manufacturers in the Asia Pacific traditional Chinese herbal medicine for face-care market should strengthen their supply chains via eCommerce. Traditional Chinese herbal medicine for face-care products have the potential to alleviate several skin ailments such as hyperpigmentation. However, these products might not be ideal for pregnant and breastfeeding women. Hence, companies should strategically target their products toward the right target audience to boost product uptake and reduce adverse events in individuals. They should gain a strong research base in developing personal care devices such as rollers, which help in reducing puffiness and restoring a vibrant skin tone as a result of TCM herbs.
TCM (Traditional Chinese Medicine) herbs such as Goji, Bei Qi, and Huang Qi are being publicized for the treatment of various skin conditions. Brands in the Asia Pacific traditional Chinese herbal medicine for face-care market are gaining popularity in the West for treating skin ailments such as hyperpigmentation. Huang Qi is being used by companies to manufacture products that rejuvenate dull or tired skin.
Consumer requirements for anti-wrinkle and anti-dark circles products are translating into value grab opportunities for stakeholders & startups in the market. Manufacturers are broadening their production capabilities in herbal teas that help to keep skin hydrated, reduce inflammation, and reverse signs on skin damage caused by free radicals in the environment.
Similar to every business, even face-care has experienced a slump in economic activities due to the coronavirus outbreak. Hence, manufacturers in the Asia Pacific traditional Chinese herbal medicine for face-care market are scurrying to produce liquid soaps and face wash products that have become essential products for individuals amid the ongoing pandemic. Home delivery and on-demand delivery of products & services are growing prominent in the market.
Manufacturers in the market may expect trade shows and promotional events to surge in 2022. Thus, they should tap into opportunities online to conduct virtual events that can be far more cost efficient and boost product sales via eCommerce. Skincare companies are adapting to remote working and hybrid working strategies for their employees to maintain business continuity.
Traditional Chinese herbal medicine has the potential to be an effective therapy for eczema and food allergy. Manufacturers are increasing their R&D in botanical drug development and its mechanisms to broaden their revenue streams. Stakeholders in the Asia Pacific traditional Chinese herbal medicine for face-care market are increasing the availability of acupuncture, which helps to reduce skin itching and basophil activation in atopic dermatitis.
The triple TCM therapy is being publicized in the form of bath products, creams, and ingestible medications to improve skin lesions, itching, and sleep loss in patients. Companies in the Asia Pacific traditional Chinese herbal medicine for face-care market are innovating in new emollient formulations to treat topical eczema. This is evident since the market is predicted to advance at a robust CAGR during the forecast period.
Acupuncture is associated with feeling energized and can be used in conjunction with existing medical plans to improve one’s skin. However, its drawbacks such as the possibility of infection and improper placement leading to pain are restricting its adoption. Hence, companies in the Asia Pacific traditional Chinese herbal medicine for face-care market are increasing awareness about the dermatologist’s consultation before trying acupuncture.
Facial acupuncture is found to help acne by addressing underlying conditions such as hormonal imbalances. Acupuncture and wellness studios in the market are increasing the availability of this treatment to improve digestion and hormonal imbalance of individuals in order to minimize acne.
The Asia Pacific traditional Chinese herbal medicine for face-care market is positioned to grow at a promising rate throughout the assessment period. Chinese herbal bath is gaining visibility for the treatment of psoriasis in order to improve external skin lesions and regulate immune responses. This herbal bath is being combined with other therapies to show better outcomes in patients suffering from psoriasis vulgaris.
As compared to chemical & biological therapies, traditional Chinese herbal medicine is emerging as a cost efficient and relatively safe alternative in curing psoriasis. Hence, dermatology clinics and wellness centers in the Asia Pacific traditional Chinese herbal medicine for face-care market are increasing the availability of Chinese herbal bath, since it boosts the penetration and absorption of volatile substances, vitamins, & traditional Chinese herbal medicine components.
Attribute |
Detail |
Market Size Value in 2020 (Base Year) |
US$ 569 Mn |
Market Forecast Value in 2031 |
US$ 1,195.33 Mn |
Growth Rate (CAGR) |
7.1% |
Forecast Period |
2021–2031 |
Quantitative Units |
US$ Mn for Value |
Market Analysis |
It includes segment analysis at regional level. Furthermore, qualitative analysis includes drivers, restraints, opportunities, key industry events, etc. |
Competition Landscape |
Company profiles section includes overview, product portfolio, sales footprint, key subsidiaries or distributors, strategy & recent developments, key financials, etc. |
Format |
Electronic (PDF) + Excel |
Market Segmentation |
|
Countries Covered |
China |
South Korea |
|
Japan |
|
India |
|
Thailand |
|
Indonesia |
|
Rest of Asia Pacific |
|
Companies Profiled |
Eu Yan Sang |
Integrated Chinese Medicine Holdings Ltd. |
|
Shanghai Jahwa United Co., Ltd. |
|
Solstice Medicine Company, Inc. |
|
The Mentholatum Company (ROHTO Pharmaceutical Co., Ltd.) |
|
Yunnan Baiyao Group Co., Ltd. |
|
Customization Scope |
Available upon request |
Pricing |
Available upon request |
Asia Pacific Traditional Chinese Herbal Medicine for Face-care Market – Segmentation
Benefit |
|
Country/Sub-region |
|
1. Preface
1.1. Market Definition and Scope
1.2. Market Segmentation
1.3. Key Research Objectives
1.4. Research Highlights
2. Assumptions and Research Methodology
3. Executive Summary: Asia Pacific Traditional Chinese Herbal Medicine for Face-care Market
4. Market Overview
4.1. Introduction
4.1.1. Benefit Definition
4.1.2. Industry Evolution / Developments
4.2. Overview
4.3. Market Dynamics
4.3.1. Drivers
4.3.2. Restraints
4.3.3. Opportunities
4.4. Asia Pacific Traditional Chinese Herbal Medicine for Face-care Market Analysis and Forecast, 2017–2031
4.4.1. Market Revenue Projections (US$ Mn)
5. Key Insights
5.1. COVID-19 Pandemic Impact on Industry (value chain and short / mid / long term impact)
5.2. Market Size of TCHM Ingredients in Value, Price Estimation & CAGR, 2017-2021
5.3. TCHM Ingredient Value Share under Botanical Extracts Super Category, 2017-2021
5.4. TCHM Ingredient Value, Liquid Type Vs. Powder Type, 2017-2021
6. Asia Pacific Traditional Chinese Herbal Medicine for Face-care Market Analysis and Forecast, by Benefit
6.1. Introduction & Definition
6.2. Key Findings / Developments
6.3. Market Value Forecast, by Benefit, 2017–2031
6.3.1. Anti-aging
6.3.2. Brightening (whitening)
6.3.3. Firming
6.3.4. Reducing Fine Lines
6.3.5. Anti-oxidation
6.3.6. Hydration
6.3.7. Sensitive Skin (anti-acne, anti-irritation)
6.3.8. Others
6.4. Market Attractiveness Analysis, by Benefit
7. Asia Pacific Traditional Chinese Herbal Medicine for Face-care Market Analysis and Forecast, by Country/Sub-region
7.1. Key Findings
7.2. Market Value Forecast, by Country/Sub-region
7.2.1. China
7.2.2. South Korea
7.2.3. Japan
7.2.4. India
7.2.5. Thailand
7.2.6. Indonesia
7.2.7. Rest of Asia Pacific
7.3. Market Attractiveness Analysis, by Country/Sub-region
8. China Traditional Chinese Herbal Medicine for Face-care Market Analysis and Forecast
8.1. Introduction
8.1.1. Key Findings
8.2. Market Value Forecast, by Benefit, 2017–2031
8.2.1. Anti-aging
8.2.2. Brightening (whitening)
8.2.3. Firming
8.2.4. Reducing Fine Lines
8.2.5. Anti-oxidation
8.2.6. Hydration
8.2.7. Sensitive Skin (anti-acne, anti-irritation)
8.2.8. Others
8.3. Market Attractiveness Analysis
8.3.1. By Benefit
9. South Korea Traditional Chinese Herbal Medicine for Face-care Market Analysis and Forecast
9.1. Introduction
9.1.1. Key Findings
9.2. Market Value Forecast, by Benefit, 2017–2031
9.2.1. Anti-aging
9.2.2. Brightening (whitening)
9.2.3. Firming
9.2.4. Reducing Fine Lines
9.2.5. Anti-oxidation
9.2.6. Hydration
9.2.7. Sensitive Skin (anti-acne, anti-irritation)
9.2.8. Others
9.3. Market Attractiveness Analysis
9.3.1. By Benefit
10. Japan Traditional Chinese Herbal Medicine for Face-care Market Analysis and Forecast
10.1. Introduction
10.1.1. Key Findings
10.2. Market Value Forecast, by Benefit, 2017–2031
10.2.1. Anti-aging
10.2.2. Brightening (whitening)
10.2.3. Firming
10.2.4. Reducing Fine Lines
10.2.5. Anti-oxidation
10.2.6. Hydration
10.2.7. Sensitive Skin (anti-acne, anti-irritation)
10.2.8. Others
10.3. Market Attractiveness Analysis
10.3.1. By Benefit
11. India Traditional Chinese Herbal Medicine for Face-care Market Analysis and Forecast
11.1. Introduction
11.1.1. Key Findings
11.2. Market Value Forecast, by Benefit, 2017–2031
11.2.1. Anti-aging
11.2.2. Brightening (whitening)
11.2.3. Firming
11.2.4. Reducing Fine Lines
11.2.5. Anti-oxidation
11.2.6. Hydration
11.2.7. Sensitive Skin (anti-acne, anti-irritation)
11.2.8. Others
11.3. Market Attractiveness Analysis
11.3.1. By Benefit
12. Thailand Traditional Chinese Herbal Medicine for Face-care Market Analysis and Forecast
12.1. Introduction
12.1.1. Key Findings
12.2. Market Value Forecast, by Benefit, 2017–2031
12.2.1. Anti-aging
12.2.2. Brightening (whitening)
12.2.3. Firming
12.2.4. Reducing Fine Lines
12.2.5. Anti-oxidation
12.2.6. Hydration
12.2.7. Sensitive Skin (anti-acne, anti-irritation)
12.2.8. Others
12.3. Market Attractiveness Analysis
12.3.1. By Benefit
13. Indonesia Traditional Chinese Herbal Medicine for Face-care Market Analysis and Forecast
13.1. Introduction
13.1.1. Key Findings
13.2. Market Value Forecast, by Benefit, 2017–2031
13.2.1. Anti-aging
13.2.2. Brightening (whitening)
13.2.3. Firming
13.2.4. Reducing Fine Lines
13.2.5. Anti-oxidation
13.2.6. Hydration
13.2.7. Sensitive Skin (anti-acne, anti-irritation)
13.2.8. Others
13.3. Market Attractiveness Analysis
13.3.1. By Benefit
14. Rest of APAC Traditional Chinese Herbal Medicine for Face-care Market Analysis and Forecast
14.1. Introduction
14.1.1. Key Findings
14.2. Market Value Forecast, by Benefit, 2017–2031
14.2.1. Anti-aging
14.2.2. Brightening (whitening)
14.2.3. Firming
14.2.4. Reducing Fine Lines
14.2.5. Anti-oxidation
14.2.6. Hydration
14.2.7. Sensitive Skin (anti-acne, anti-irritation)
14.2.8. Others
14.3. Market Attractiveness Analysis
14.3.1. By Benefit
15. Competition Landscape
15.1. Company Profiles
15.1.1. Eu Yan Sang
15.1.1.1. Company Description
15.1.1.2. Business Overview
15.1.1.3. SWOT Analysis
15.1.2. Integrated Chinese Medicine Holdings Ltd.
15.1.2.1. Company Description
15.1.2.2. Business Overview
15.1.2.3. Financial Overview
15.1.2.4. Strategic Overview
15.1.2.5. SWOT Analysis
15.1.3. Shanghai Jahwa United Co., Ltd.
15.1.3.1. Company Description
15.1.3.2. Business Overview
15.1.3.3. Strategic Overview
15.1.3.4. SWOT Analysis
15.1.4. Solstice Medicine Company, Inc.
15.1.4.1. Company Description
15.1.4.2. Business Overview
15.1.4.3. SWOT Analysis
15.1.5. The Mentholatum Company (ROHTO Pharmaceutical Co., Ltd.)
15.1.5.1. Company Description
15.1.5.2. Business Overview
15.1.5.3. Financial Overview
15.1.5.4. Strategic Overview
15.1.5.5. SWOT Analysis
15.1.6. Yunnan Baiyao Group Co., Ltd.
15.1.6.1. Company Description
15.1.6.2. Business Overview
15.1.6.3. Strategic Overview
15.1.6.4. SWOT Analysis
List of Tables
Table 01: Asia Pacific Traditional Chinese Herbal Medicine for Face-care Market Value (US$ Mn) Forecast, by Benefit, 2017–2031
Table 02: China Traditional Chinese Herbal Medicine for Face-care Market Value (US$ Mn) Forecast, by Benefit, 2017–2031
Table 03: Asia Pacific Traditional Chinese Herbal Medicine for Face-care Market Value (US$ Mn) Forecast, by Country/Sub-region, 2017–2031
Table 04: South Korea Traditional Chinese Herbal Medicine for Face-care Market Value (US$ Mn) Forecast, by Benefit, 2017–2031
Table 05: Japan Traditional Chinese Herbal Medicine for Face-care Market Value (US$ Mn) Forecast, by Benefit, 2017–2031
Table 06: India Traditional Chinese Herbal Medicine for Face-care Market Value (US$ Mn) Forecast, by Benefit, 2017–2031
Table 07: Thailand Traditional Chinese Herbal Medicine for Face-care Market Value (US$ Mn) Forecast, by Benefit, 2017–2031
Table 08: Indonesia Traditional Chinese Herbal Medicine for Face-care Market Value (US$ Mn) Forecast, by Benefit, 2017–2031
Table 09: Rest of Asia Pacific Traditional Chinese Herbal Medicine for Face-care Market Value (US$ Mn) Forecast, by Benefit, 2017–2031
List of Figures
Figure 01: Asia Pacific Traditional Chinese Herbal Medicine for Face-care Market Value (US$ Mn) Forecast and Y-o-Y Growth (%) Projection, 2017–2031
Figure 02: Global TCHM Market Revenue (US$ Mn), & CAGR, 2017-2021
Figure 03: Global TCHM Ingredients Value, & CAGR, 2017-2021
Figure 04: Global Botanical Extracts Market Revenue (US$ Mn), & CAGR, 2017-2021
Figure 05: Global TCHM Ingredient Value Share under Botanical Extracts Super Category, 2017-2021
Figure 06: Global TCHM Market Revenue (US$ Mn), & CAGR, 2017-2021
Figure 07: Global TCHM Ingredients Value, & CAGR, 2017-2021
Figure 08: Asia Pacific Traditional Chinese Herbal Medicine for Face-care Market Value Share Analysis, by Benefit, 2021 and 2031
Figure 09: Asia Pacific Traditional Chinese Herbal Medicine for Face-care Market Attractiveness Analysis, by Benefit, 2021–2031
Figure 10: Asia Pacific Traditional Chinese Herbal Medicine for Face-care Market Revenue (US$ Mn), by Anti-aging, 2017–2031
Figure 11: Asia Pacific Traditional Chinese Herbal Medicine for Face-care Market Revenue (US$ Mn), by Brightening (whitening), 2017–2031
Figure 12: Asia Pacific Traditional Chinese Herbal Medicine for Face-care Market Revenue (US$ Mn), by Firming, 2017–2031
Figure 13: Asia Pacific Traditional Chinese Herbal Medicine for Face-care Market Revenue (US$ Mn), by Reducing Fine Lines, 2017–2031
Figure 14: Asia Pacific Traditional Chinese Herbal Medicine for Face-care Market Revenue (US$ Mn), by Anti-oxidation, 2017–2031
Figure 15: Asia Pacific Traditional Chinese Herbal Medicine for Face-care Market Revenue (US$ Mn), by Hydration, 2017–2031
Figure 16: Asia Pacific Traditional Chinese Herbal Medicine for Face-care Market Revenue (US$ Mn), by Sensitive Skin (anti-acne, anti-irritation), 2017–2031
Figure 17: Asia Pacific Traditional Chinese Herbal Medicine for Face-care Market Revenue (US$ Mn), by Others, 2017–2031
Figure 18: Asia Pacific Traditional Chinese Herbal Medicine for Face-care Market Analysis, by Country/Sub-region, 2020 and 2031
Figure 19: Asia Pacific Traditional Chinese Herbal Medicine for Face-care Market Attractiveness Analysis, by Country/Sub-region, 2021–2031
Figure 20: China Traditional Chinese Herbal Medicine for Face-care Market Value (US$ Mn) Forecast and Y-o-Y Growth (%) Projection, 2017–2031
Figure 21: China Traditional Chinese Herbal Medicine for Face-care Market Value Share Analysis, by Benefit, 2021 and 2031
Figure 22: China Traditional Chinese Herbal Medicine for Face-care Market Attractiveness Analysis, by Benefit, 2021–2031
Figure 23: South Korea Traditional Chinese Herbal Medicine for Face-care Market Value (US$ Mn) Forecast and Y-o-Y Growth (%) Projection, 2017–2031
Figure 24: South Korea Traditional Chinese Herbal Medicine for Face-care Market Value Share Analysis, by Benefit, 2021 and 2031
Figure 25: South Korea Traditional Chinese Herbal Medicine for Face-care Market Attractiveness Analysis, by Benefit, 2021–2031
Figure 26: Japan Traditional Chinese Herbal Medicine for Face-care Market Value (US$ Mn) Forecast and Y-o-Y Growth (%) Projection, 2017–2031
Figure 27: Japan Traditional Chinese Herbal Medicine for Face-care Market Value Share Analysis, by Benefit, 2021 and 2031
Figure 28: Japan Traditional Chinese Herbal Medicine for Face-care Market Attractiveness Analysis, by Benefit, 2021–2031
Figure 29: India Traditional Chinese Herbal Medicine for Face-care Market Value (US$ Mn) Forecast and Y-o-Y Growth (%) Projection, 2017–2031
Figure 30: India Traditional Chinese Herbal Medicine for Face-care Market Value Share Analysis, by Benefit, 2021 and 2031
Figure 31: India Traditional Chinese Herbal Medicine for Face-care Market Attractiveness Analysis, by Benefit, 2021–2031
Figure 32: Thailand Traditional Chinese Herbal Medicine for Face-care Market Value (US$ Mn) Forecast and Y-o-Y Growth (%) Projection, 2017–2031
Figure 33: Thailand Traditional Chinese Herbal Medicine for Face-care Market Value Share Analysis, by Benefit, 2021 and 2031
Figure 34: Thailand Traditional Chinese Herbal Medicine for Face-care Market Attractiveness Analysis, by Benefit, 2021–2031
Figure 35: Indonesia Traditional Chinese Herbal Medicine for Face-care Market Value (US$ Mn) Forecast and Y-o-Y Growth (%) Projection, 2017–2031
Figure 36: Indonesia Traditional Chinese Herbal Medicine for Face-care Market Value Share Analysis, by Benefit, 2021 and 2031
Figure 37: Indonesia Traditional Chinese Herbal Medicine for Face-care Market Attractiveness Analysis, by Benefit, 2021–2031
Figure 38: Rest of Asia Pacific Traditional Chinese Herbal Medicine for Face-care Market Value (US$ Mn) Forecast and Y-o-Y Growth (%) Projection, 2017–2031
Figure 39: Rest of Asia Pacific Traditional Chinese Herbal Medicine for Face-care Market Value Share Analysis, by Benefit, 2021 and 2031
Figure 40: Rest of Asia Pacific Traditional Chinese Herbal Medicine for Face-care Market Attractiveness Analysis, by Benefit, 2021–2031