Key Findings
The Asia Pacific hydrogel market is expected to grow with a CAGR of 6.17%, during the forecast period of 2019 to 2028. The rising geriatric population, increasing demand for natural skincare, and growing awareness of the importance of leading a healthy lifestyle are projected to bolster the region’s market growth.
Market Insights
The Asia Pacific hydrogel market growth is analyzed across countries, namely, Japan, India, Vietnam, Australia & New Zealand, China, South Korea, Thailand, Indonesia, and the rest of the Asia Pacific. The demand for cosmeceutical products in Thailand is gaining momentum, since recent years. The majority of consumers believe that their skin is greatly impacted by damaging factors, including the sun’s UV light and pollution. As a result, exposure to the sun’s harmful rays and other contaminants lead to more sensitive skin. Moreover, the demand for skincare products labeled as vegan, cruelty-free (products that are not tested on animals), and commodities with natural ingredients is swiftly rising.
The geriatric population in Thailand is rapidly growing. Thus, the market is projected to display a robust need for anti-aging products, across diverse styles with low-to-premium positioning. Furthermore, given the increasing awareness regarding health and awareness among the country’s consumers, the natural hydrogel is witnessing a significant demand across the region. Men’s grooming in Thailand is predicted to become highly dynamic, in the upcoming years. As a result, factors like surging social acceptance of men’s grooming, owing to exposure to metrosexual trends, peer pressure, and late or delayed marriages, sustain the demand for the hydrogel, in the country.
Competitive Insights
Distinguished companies operating in the market include, Hoya Corporation, Medline Industries Inc, Coloplast, Royal DSM, Derma Sciences, Johnson & Johnson, Procyon Corporation, etc.
Our report offerings include:
- Explore key findings of the overall market
- Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
- Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
- Market Segmentation cater to a thorough assessment of key segments with their market estimations
- Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
- Key analytics: Porter’s Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
- Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
- Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments