Japan Keratin Market Size, Share, and COVID-19 Impact Analysis, By Product (Hydrolyzed and Other Products), By Application (Personal Care & Cosmetics, Healthcare & Pharmaceuticals, and Food & Beverage), and Japan Keratin Market Insights, Industry Trend, Forecasts to 2033.
Industry: Chemicals & MaterialsJapan Keratin Market Insights Forecasts To 2033
- The Japan Keratin Market Size was valued at USD 40.63 Million in 2023.
- The Market Size is Growing at a CAGR of 5.75% from 2023 to 2033
- The Japan Keratin Market Size is Expected to Reach USD 71.09 Million by 2033
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The Japan Keratin Market Size is Anticipated to Reach USD 71.09 Million by 2033, Growing at a CAGR of 5.75% from 2023 to 2033.
Market Overview
Keratin is a fibrous structural protein found in hair, skin, and nails, known for its strength and durability. In Japan, the keratin market has seen significant growth, driven by an increasing demand for hair care products such as shampoos, conditioners, and treatments that promote hair strength, smoothness, and overall health. The rising awareness among consumers about the benefits of keratin in enhancing hair texture, repairing damage, and reducing frizz has fueled this demand. Additionally, the growing trend of using natural and high-quality ingredients in cosmetics and skincare products has further contributed to the market’s expansion. Japan’s well-established beauty and skincare industry, along with a strong focus on innovation and quality, is supporting the growth of the keratin market. As consumer preferences evolve toward more effective and sustainable solutions, the keratin market in Japan is expected to continue expanding, with innovations in formulations and new applications in other sectors like pharmaceuticals and food.
Report Coverage
This research report categorizes the Japan keratin market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the Japan keratin market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the Japan keratin market.
Japan Keratin Market Report Coverage
Report Coverage | Details |
---|---|
Base Year: | 2023 |
Market Size in 2023: | USD 40.63 Million |
Forecast Period: | 2023 - 2033 |
Forecast Period CAGR 2023 - 2033 : | 5.75% |
2033 Value Projection: | USD 71.09 Million |
Historical Data for: | 2019 - 2022 |
No. of Pages: | 210 |
Tables, Charts & Figures: | 90 |
Segments covered: | By Product, By Application |
Companies covered:: | Proteina, Hefei TNJ Chemical Industry Co., Ltd., Rejuvenol, Scherdiva, Keratin Express, Keraplast, NutriScience Innovations LLC, Guangzhou FONCIU Cosmetics Limited, Shaanxi Qinland Bio-Tech Co., Ltd., Wellgreen Technology Co., Ltd., and Others |
Pitfalls & Challenges: | COVID-19 Empact, Challenges, Future, Growth, & Analysis |
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Driving Factors
Japan’s strong beauty and skincare culture, coupled with a growing inclination toward natural and effective ingredients, has boosted the popularity of keratin-infused products. The country’s well-developed cosmetic industry, marked by continuous innovation and high standards of product efficacy, further supports the market’s growth. The expanding middle-class population, increased disposable income, and a growing focus on self-care and wellness also contribute to the demand for keratin-based products.
Restraining Factors
The market faces stiff competition from a wide range of hair care ingredients and treatments, such as proteins and oils, which are often marketed as being equally effective, driving consumer interest away from keratin-based solutions.
Market Segmentation
The Japan keratin market share is classified into product and application.
- The hydrolyzed segment accounted for the largest revenue market in 2023 and is expected to grow at a substantial CAGR during the forecast period.
The Japan keratin market is segmented by product into hydrolyzed and other products. Among these, the hydrolyzed segment accounted for the largest revenue market in 2023 and is expected to grow at a substantial CAGR during the forecast period. The segment growth is driven as hydrolyzed keratin refers to keratin that has been broken down into smaller peptides, making it easier for the hair and skin to absorb. This form of keratin is particularly popular in hair care products, as it helps repair damaged hair, restore strength, and improve overall hair texture.
- The personal care & cosmetics segment accounted for the highest share in 2023 and is expected to grow at a significant CAGR during the forecast period.
The Japan keratin market is segmented by application into personal care & cosmetics, healthcare & pharmaceuticals, and food & beverage. Among these, the personal care & cosmetics segment accounted for the highest share in 2023 and is expected to grow at a significant CAGR during the forecast period. The segment growth can be attributed to the increasing demand for high-quality hair care and skincare products that incorporate keratin as a key ingredient. Keratin is widely used in shampoos, conditioners, hair masks, and other treatments due to its ability to strengthen and repair hair, improve texture, and reduce frizz.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the Japan keratin market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.
List of Key Companies
- Proteina
- Hefei TNJ Chemical Industry Co., Ltd.
- Rejuvenol
- Scherdiva
- Keratin Express
- Keraplast
- NutriScience Innovations LLC
- Guangzhou FONCIU Cosmetics Limited
- Shaanxi Qinland Bio-Tech Co., Ltd.
- Wellgreen Technology Co., Ltd.
- Others
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Recent Developments
- In March 2024, Keraplast Technologies, a prominent keratin market player, announced plans to expand its operations into new regions, explicitly targeting Europe and the Asia-Pacific. This strategic initiative aims to enhance the company’s market presence and capitalize on the increasing global demand for keratin-based products. By entering these dynamic markets, Keraplast seeks to take advantage of growth opportunities and meet evolving consumer preferences.
Market Segment
This study forecasts revenue at Japan, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the Japan keratin market based on the below-mentioned segments:
Japan Keratin Market, By Product
- Hydrolyzed
- Other Products
Japan Keratin Market, By Application
- Personal Care & Cosmetics
- Healthcare & Pharmaceuticals
- Food & Beverage
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