COFFEE BEAUTY PRODUCTS MARKET ANALYSIS

Coffee Beauty Products MarketSize and Trends

Beauty products and personal care products (skin care, hair care, fragrances), are often infused with coffee bean extracts. Coffee beauty products are available in various forms such as creams, lotions, balms, oils, and others. Caffeine, an active ingredient present in coffee beans, has antioxidant, antimicrobial, and anti-aging effects, which are beneficial for skin, scalp, and hair. Therefore, such benefits of coffee bean extract are expected to drive growth of the coffee beauty products market during the forecast period.

Among product types, skin care segment is expected to show significant growth in the global coffee beauty products market during the forecast period, which can be attributed to growing cosmetics industry, globally. For instance, according to Cosmetic Toiletry & Perfumery Association, annual report 2017, cosmetics industry was valued at over US$ 12.30 billion in 2017, in the U.K., out of which 23.6% of the share was accounted by skin care segment.

Among distribution channels, online channel is expected to have significant share in coffee beauty products market during the forecast period, owing to increasing e-commerce business. According to India Brand Equity Foundation (IBEF), report on e-commerce published in July 2017, e-commerce market is expected to grow at a CAGR of 44.77% from 2016 – 2020, to reach US$ 63.7 billion by 2020, in India and is expected to reach US$ 188 billion by 2025.

The global coffee beauty products market was valued at US$ 520 million in 2017 and is expected to register a CAGR of 3.1% in terms of revenue, over the forecast period (2018 – 2026), to reach US$ 740 million by 2026.

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