Home > Consumer Goods & Services > Personal Care > Skin Care > Collagen Face Cream Market
Based on collagen type, the market is divided into hydrolyzed collagen, marine collagen, porcine collagen, plant-based collagen alternatives and others. In 2023, hydrolyzed collagen held the dominant market of USD 2.9 billion and is expected to reach USD 5.1 billion by 2032. Standard diaper pails are often less expensive than advanced models, appealing to cost-conscious consumers. High demand among budget-conscious families and those seeking practical solutions without additional features. The straightforward design of standard diaper pails makes them easy to use and maintain. Standard models are widely available in various retail outlets, increasing their accessibility.
Based on skin type, the market is categorized into dry skin, oily skin, combination skin, sensitive skin and normal skin. In 2023, dry skin type held the dominant market share of 41% and is anticipated to grow through the years. Consumers with dry skin often seek products that provide intense hydration. Collagen face creams known for their moisturizing properties can effectively address this need, driving demand. Dry skin tends to show signs of aging more prominently. The appeal of collagen's anti-aging benefits encourages consumers to choose these products for improved skin elasticity and smoothness.
North America held a market of around USD 1.9 billion in 2023 and is expected to reach USD 3.3 billion by 2032. The increasing aging demographic in North America drives demand for anti-aging products, including collagen face creams, as consumers seek effective solutions to reduce wrinkles and enhance skin elasticity.
The market in U.S. is set to grow through a CAGR of 6.9% through the forecast period. Social media platforms significantly shape consumer preferences. Influencers promoting collagen face creams can create trends, driving higher demand through visibility and endorsements.
The German collagen face cream market maintained a considerable position in Europe. The expansion of online shopping offers greater accessibility to a variety of collagen face creams, making it easier for consumers to find and purchase these products.
China is supposed to grow at the highest rate of 7.6% in the region. China's aging demographic is driving demand for anti-aging products. Consumers are increasingly seeking effective solutions to combat the visible signs of aging, such as wrinkles and loss of skin elasticity.