Global Traditional Chinese Medicine Skincare Supply, Demand and Key Producers, 2024-2030
Page: 97
Published Date: 13 Feb 2024
Category: Service & Software
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Description
Table of Contents
Table of Figures
Research Methodology
Companies Mentioned
Related Reports
Product Tags
Table of Contents
Table of Figures
Research Methodology
Companies Mentioned
Related Reports
Product Tags
Description
The global Traditional Chinese Medicine Skincare market size is expected to reach $ million by 2030, rising at a market growth of % CAGR during the forecast period (2024-2030).
The global pharmaceutical market is 1475 billion USD in 2022, growing at a CAGR of 5% during the next six years. The pharmaceutical market includes chemical drugs and biological drugs. For biologics is expected to 381 billion USD in 2022. In comparison, the chemical drug market is estimated to increase from 1005 billion in 2018 to 1094 billion U.S. dollars in 2022. The pharmaceutical market factors such as increasing demand for healthcare, technological advancements, and the rising prevalence of chronic diseases, increase in funding from private & government organizations for development of pharmaceutical manufacturing segments and rise in R&D activities for drugs. However, the industry also faces challenges such as stringent regulations, high costs of research and development, and patent expirations. Companies need to continuously innovate and adapt to these challenges to stay competitive in the market and ensure their products reach patients in need. Additionally, the COVID-19 pandemic has highlighted the importance of vaccine development and supply chain management, further emphasizing the need for pharmaceutical companies to be agile and responsive to emerging public health needs.
Traditional Chinese Medicine Skincare refers to the skincare products made of TCM ingredient.
This report studies the global Traditional Chinese Medicine Skincare demand, key companies, and key regions.
This report is a detailed and comprehensive analysis of the world market for Traditional Chinese Medicine Skincare, and provides market size (US$ million) and Year-over-Year (YoY) growth, considering 2023 as the base year. This report explores demand trends and competition, as well as details the characteristics of Traditional Chinese Medicine Skincare that contribute to its increasing demand across many markets.
Highlights and key features of the study
Global Traditional Chinese Medicine Skincare total market, 2019-2030, (USD Million)
Global Traditional Chinese Medicine Skincare total market by region & country, CAGR, 2019-2030, (USD Million)
U.S. VS China: Traditional Chinese Medicine Skincare total market, key domestic companies and share, (USD Million)
Global Traditional Chinese Medicine Skincare revenue by player and market share 2019-2024, (USD Million)
Global Traditional Chinese Medicine Skincare total market by Type, CAGR, 2019-2030, (USD Million)
Global Traditional Chinese Medicine Skincare total market by Application, CAGR, 2019-2030, (USD Million).
This reports profiles major players in the global Traditional Chinese Medicine Skincare market based on the following parameters – company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Wei Beauty, Wthn, Herbivore Botanicals, Cha Ling, Sulwhasoo, 001 Skincare London and Wildling, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Traditional Chinese Medicine Skincare market.
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), by player, by regions, by Type, and by Application. Data is given for the years 2019-2030 by year with 2023 as the base year, 2024 as the estimate year, and 2025-2030 as the forecast year.
Global Traditional Chinese Medicine Skincare Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World
Global Traditional Chinese Medicine Skincare Market, Segmentation by Type
Facial Cleanser
Eye Care
Facial Mask
Toner
Lotion
Others
Global Traditional Chinese Medicine Skincare Market, Segmentation by Application
Men
Women
Companies Profiled:
Wei Beauty
Wthn
Herbivore Botanicals
Cha Ling
Sulwhasoo
001 Skincare London
Wildling
Key Questions Answered
1. How big is the global Traditional Chinese Medicine Skincare market?
2. What is the demand of the global Traditional Chinese Medicine Skincare market?
3. What is the year over year growth of the global Traditional Chinese Medicine Skincare market?
4. What is the total value of the global Traditional Chinese Medicine Skincare market?
5. Who are the major players in the global Traditional Chinese Medicine Skincare market?
Table of Contents
1 Supply Summary
1.1 Traditional Chinese Medicine Skincare Introduction
1.2 World Traditional Chinese Medicine Skincare Market Size & Forecast (2019 & 2023 & 2030)
1.3 World Traditional Chinese Medicine Skincare Total Market by Region (by Headquarter Location)
1.3.1 World Traditional Chinese Medicine Skincare Market Size by Region (2019-2030), (by Headquarter Location)
1.3.2 United States Traditional Chinese Medicine Skincare Market Size (2019-2030)
1.3.3 China Traditional Chinese Medicine Skincare Market Size (2019-2030)
1.3.4 Europe Traditional Chinese Medicine Skincare Market Size (2019-2030)
1.3.5 Japan Traditional Chinese Medicine Skincare Market Size (2019-2030)
1.3.6 South Korea Traditional Chinese Medicine Skincare Market Size (2019-2030)
1.3.7 ASEAN Traditional Chinese Medicine Skincare Market Size (2019-2030)
1.3.8 India Traditional Chinese Medicine Skincare Market Size (2019-2030)
1.4 Market Drivers, Restraints and Trends
1.4.1 Traditional Chinese Medicine Skincare Market Drivers
1.4.2 Factors Affecting Demand
1.4.3 Traditional Chinese Medicine Skincare Major Market Trends
2.1 World Traditional Chinese Medicine Skincare Consumption Value (2019-2030)
2.2 World Traditional Chinese Medicine Skincare Consumption Value by Region
2.2.1 World Traditional Chinese Medicine Skincare Consumption Value by Region (2019-2024)
2.2.2 World Traditional Chinese Medicine Skincare Consumption Value Forecast by Region (2025-2030)
2.3 United States Traditional Chinese Medicine Skincare Consumption Value (2019-2030)
2.4 China Traditional Chinese Medicine Skincare Consumption Value (2019-2030)
2.5 Europe Traditional Chinese Medicine Skincare Consumption Value (2019-2030)
2.6 Japan Traditional Chinese Medicine Skincare Consumption Value (2019-2030)
2.7 South Korea Traditional Chinese Medicine Skincare Consumption Value (2019-2030)
2.8 ASEAN Traditional Chinese Medicine Skincare Consumption Value (2019-2030)
2.9 India Traditional Chinese Medicine Skincare Consumption Value (2019-2030)
3.1 World Traditional Chinese Medicine Skincare Revenue by Player (2019-2024)
3.2 Industry Rank and Concentration Rate (CR)
3.2.1 Global Traditional Chinese Medicine Skincare Industry Rank of Major Players
3.2.2 Global Concentration Ratios (CR4) for Traditional Chinese Medicine Skincare in 2023
3.2.3 Global Concentration Ratios (CR8) for Traditional Chinese Medicine Skincare in 2023
3.3 Traditional Chinese Medicine Skincare Company Evaluation Quadrant
3.4 Traditional Chinese Medicine Skincare Market: Overall Company Footprint Analysis
3.4.1 Traditional Chinese Medicine Skincare Market: Region Footprint
3.4.2 Traditional Chinese Medicine Skincare Market: Company Product Type Footprint
3.4.3 Traditional Chinese Medicine Skincare Market: Company Product Application Footprint
3.5 Competitive Environment
3.5.1 Historical Structure of the Industry
3.5.2 Barriers of Market Entry
3.5.3 Factors of Competition
3.6 Mergers, Acquisitions Activity
4.1 United States VS China: Traditional Chinese Medicine Skincare Revenue Comparison (by Headquarter Location)
4.1.1 United States VS China: Traditional Chinese Medicine Skincare Market Size Comparison (2019 & 2023 & 2030) (by Headquarter Location)
4.1.2 United States VS China: Traditional Chinese Medicine Skincare Revenue Market Share Comparison (2019 & 2023 & 2030)
4.2 United States Based Companies VS China Based Companies: Traditional Chinese Medicine Skincare Consumption Value Comparison
4.2.1 United States VS China: Traditional Chinese Medicine Skincare Consumption Value Comparison (2019 & 2023 & 2030)
4.2.2 United States VS China: Traditional Chinese Medicine Skincare Consumption Value Market Share Comparison (2019 & 2023 & 2030)
4.3 United States Based Traditional Chinese Medicine Skincare Companies and Market Share, 2019-2024
4.3.1 United States Based Traditional Chinese Medicine Skincare Companies, Headquarters (States, Country)
4.3.2 United States Based Companies Traditional Chinese Medicine Skincare Revenue, (2019-2024)
4.4 China Based Companies Traditional Chinese Medicine Skincare Revenue and Market Share, 2019-2024
4.4.1 China Based Traditional Chinese Medicine Skincare Companies, Company Headquarters (Province, Country)
4.4.2 China Based Companies Traditional Chinese Medicine Skincare Revenue, (2019-2024)
4.5 Rest of World Based Traditional Chinese Medicine Skincare Companies and Market Share, 2019-2024
4.5.1 Rest of World Based Traditional Chinese Medicine Skincare Companies, Headquarters (States, Country)
4.5.2 Rest of World Based Companies Traditional Chinese Medicine Skincare Revenue, (2019-2024)
5.1 World Traditional Chinese Medicine Skincare Market Size Overview by Type: 2019 VS 2023 VS 2030
5.2 Segment Introduction by Type
5.2.1 Facial Cleanser
5.2.2 Eye Care
5.2.3 Facial Mask
5.2.4 Toner
5.2.5 Lotion
5.2.6 Others
5.3 Market Segment by Type
5.3.1 World Traditional Chinese Medicine Skincare Market Size by Type (2019-2024)
5.3.2 World Traditional Chinese Medicine Skincare Market Size by Type (2025-2030)
5.3.3 World Traditional Chinese Medicine Skincare Market Size Market Share by Type (2019-2030)
6.1 World Traditional Chinese Medicine Skincare Market Size Overview by Application: 2019 VS 2023 VS 2030
6.2 Segment Introduction by Application
6.2.1 Men
6.2.2 Women
6.3 Market Segment by Application
6.3.1 World Traditional Chinese Medicine Skincare Market Size by Application (2019-2024)
6.3.2 World Traditional Chinese Medicine Skincare Market Size by Application (2025-2030)
6.3.3 World Traditional Chinese Medicine Skincare Market Size by Application (2019-2030)
7.1 Wei Beauty
7.1.1 Wei Beauty Details
7.1.2 Wei Beauty Major Business
7.1.3 Wei Beauty Traditional Chinese Medicine Skincare Product and Services
7.1.4 Wei Beauty Traditional Chinese Medicine Skincare Revenue, Gross Margin and Market Share (2019-2024)
7.1.5 Wei Beauty Recent Developments/Updates
7.1.6 Wei Beauty Competitive Strengths & Weaknesses
7.2 Wthn
7.2.1 Wthn Details
7.2.2 Wthn Major Business
7.2.3 Wthn Traditional Chinese Medicine Skincare Product and Services
7.2.4 Wthn Traditional Chinese Medicine Skincare Revenue, Gross Margin and Market Share (2019-2024)
7.2.5 Wthn Recent Developments/Updates
7.2.6 Wthn Competitive Strengths & Weaknesses
7.3 Herbivore Botanicals
7.3.1 Herbivore Botanicals Details
7.3.2 Herbivore Botanicals Major Business
7.3.3 Herbivore Botanicals Traditional Chinese Medicine Skincare Product and Services
7.3.4 Herbivore Botanicals Traditional Chinese Medicine Skincare Revenue, Gross Margin and Market Share (2019-2024)
7.3.5 Herbivore Botanicals Recent Developments/Updates
7.3.6 Herbivore Botanicals Competitive Strengths & Weaknesses
7.4 Cha Ling
7.4.1 Cha Ling Details
7.4.2 Cha Ling Major Business
7.4.3 Cha Ling Traditional Chinese Medicine Skincare Product and Services
7.4.4 Cha Ling Traditional Chinese Medicine Skincare Revenue, Gross Margin and Market Share (2019-2024)
7.4.5 Cha Ling Recent Developments/Updates
7.4.6 Cha Ling Competitive Strengths & Weaknesses
7.5 Sulwhasoo
7.5.1 Sulwhasoo Details
7.5.2 Sulwhasoo Major Business
7.5.3 Sulwhasoo Traditional Chinese Medicine Skincare Product and Services
7.5.4 Sulwhasoo Traditional Chinese Medicine Skincare Revenue, Gross Margin and Market Share (2019-2024)
7.5.5 Sulwhasoo Recent Developments/Updates
7.5.6 Sulwhasoo Competitive Strengths & Weaknesses
7.6 001 Skincare London
7.6.1 001 Skincare London Details
7.6.2 001 Skincare London Major Business
7.6.3 001 Skincare London Traditional Chinese Medicine Skincare Product and Services
7.6.4 001 Skincare London Traditional Chinese Medicine Skincare Revenue, Gross Margin and Market Share (2019-2024)
7.6.5 001 Skincare London Recent Developments/Updates
7.6.6 001 Skincare London Competitive Strengths & Weaknesses
7.7 Wildling
7.7.1 Wildling Details
7.7.2 Wildling Major Business
7.7.3 Wildling Traditional Chinese Medicine Skincare Product and Services
7.7.4 Wildling Traditional Chinese Medicine Skincare Revenue, Gross Margin and Market Share (2019-2024)
7.7.5 Wildling Recent Developments/Updates
7.7.6 Wildling Competitive Strengths & Weaknesses
8.1 Traditional Chinese Medicine Skincare Industry Chain
8.2 Traditional Chinese Medicine Skincare Upstream Analysis
8.3 Traditional Chinese Medicine Skincare Midstream Analysis
8.4 Traditional Chinese Medicine Skincare Downstream Analysis
10.1 Methodology
10.2 Research Process and Data Source
10.3 Disclaimer
Table of Figures
List of Tables
Table 1. World Traditional Chinese Medicine Skincare Revenue by Region (2019, 2023 and 2030) & (USD Million), (by Headquarter Location)
Table 2. World Traditional Chinese Medicine Skincare Revenue by Region (2019-2024) & (USD Million), (by Headquarter Location)
Table 3. World Traditional Chinese Medicine Skincare Revenue by Region (2025-2030) & (USD Million), (by Headquarter Location)
Table 4. World Traditional Chinese Medicine Skincare Revenue Market Share by Region (2019-2024), (by Headquarter Location)
Table 5. World Traditional Chinese Medicine Skincare Revenue Market Share by Region (2025-2030), (by Headquarter Location)
Table 6. Major Market Trends
Table 7. World Traditional Chinese Medicine Skincare Consumption Value Growth Rate Forecast by Region (2019 & 2023 & 2030) & (USD Million)
Table 8. World Traditional Chinese Medicine Skincare Consumption Value by Region (2019-2024) & (USD Million)
Table 9. World Traditional Chinese Medicine Skincare Consumption Value Forecast by Region (2025-2030) & (USD Million)
Table 10. World Traditional Chinese Medicine Skincare Revenue by Player (2019-2024) & (USD Million)
Table 11. Revenue Market Share of Key Traditional Chinese Medicine Skincare Players in 2023
Table 12. World Traditional Chinese Medicine Skincare Industry Rank of Major Player, Based on Revenue in 2023
Table 13. Global Traditional Chinese Medicine Skincare Company Evaluation Quadrant
Table 14. Head Office of Key Traditional Chinese Medicine Skincare Player
Table 15. Traditional Chinese Medicine Skincare Market: Company Product Type Footprint
Table 16. Traditional Chinese Medicine Skincare Market: Company Product Application Footprint
Table 17. Traditional Chinese Medicine Skincare Mergers & Acquisitions Activity
Table 18. United States VS China Traditional Chinese Medicine Skincare Market Size Comparison, (2019 & 2023 & 2030) & (USD Million)
Table 19. United States VS China Traditional Chinese Medicine Skincare Consumption Value Comparison, (2019 & 2023 & 2030) & (USD Million)
Table 20. United States Based Traditional Chinese Medicine Skincare Companies, Headquarters (States, Country)
Table 21. United States Based Companies Traditional Chinese Medicine Skincare Revenue, (2019-2024) & (USD Million)
Table 22. United States Based Companies Traditional Chinese Medicine Skincare Revenue Market Share (2019-2024)
Table 23. China Based Traditional Chinese Medicine Skincare Companies, Headquarters (Province, Country)
Table 24. China Based Companies Traditional Chinese Medicine Skincare Revenue, (2019-2024) & (USD Million)
Table 25. China Based Companies Traditional Chinese Medicine Skincare Revenue Market Share (2019-2024)
Table 26. Rest of World Based Traditional Chinese Medicine Skincare Companies, Headquarters (States, Country)
Table 27. Rest of World Based Companies Traditional Chinese Medicine Skincare Revenue, (2019-2024) & (USD Million)
Table 28. Rest of World Based Companies Traditional Chinese Medicine Skincare Revenue Market Share (2019-2024)
Table 29. World Traditional Chinese Medicine Skincare Market Size by Type, (USD Million), 2019 & 2023 & 2030
Table 30. World Traditional Chinese Medicine Skincare Market Size by Type (2019-2024) & (USD Million)
Table 31. World Traditional Chinese Medicine Skincare Market Size by Type (2025-2030) & (USD Million)
Table 32. World Traditional Chinese Medicine Skincare Market Size by Application, (USD Million), 2019 & 2023 & 2030
Table 33. World Traditional Chinese Medicine Skincare Market Size by Application (2019-2024) & (USD Million)
Table 34. World Traditional Chinese Medicine Skincare Market Size by Application (2025-2030) & (USD Million)
Table 35. Wei Beauty Basic Information, Area Served and Competitors
Table 36. Wei Beauty Major Business
Table 37. Wei Beauty Traditional Chinese Medicine Skincare Product and Services
Table 38. Wei Beauty Traditional Chinese Medicine Skincare Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 39. Wei Beauty Recent Developments/Updates
Table 40. Wei Beauty Competitive Strengths & Weaknesses
Table 41. Wthn Basic Information, Area Served and Competitors
Table 42. Wthn Major Business
Table 43. Wthn Traditional Chinese Medicine Skincare Product and Services
Table 44. Wthn Traditional Chinese Medicine Skincare Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 45. Wthn Recent Developments/Updates
Table 46. Wthn Competitive Strengths & Weaknesses
Table 47. Herbivore Botanicals Basic Information, Area Served and Competitors
Table 48. Herbivore Botanicals Major Business
Table 49. Herbivore Botanicals Traditional Chinese Medicine Skincare Product and Services
Table 50. Herbivore Botanicals Traditional Chinese Medicine Skincare Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 51. Herbivore Botanicals Recent Developments/Updates
Table 52. Herbivore Botanicals Competitive Strengths & Weaknesses
Table 53. Cha Ling Basic Information, Area Served and Competitors
Table 54. Cha Ling Major Business
Table 55. Cha Ling Traditional Chinese Medicine Skincare Product and Services
Table 56. Cha Ling Traditional Chinese Medicine Skincare Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 57. Cha Ling Recent Developments/Updates
Table 58. Cha Ling Competitive Strengths & Weaknesses
Table 59. Sulwhasoo Basic Information, Area Served and Competitors
Table 60. Sulwhasoo Major Business
Table 61. Sulwhasoo Traditional Chinese Medicine Skincare Product and Services
Table 62. Sulwhasoo Traditional Chinese Medicine Skincare Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 63. Sulwhasoo Recent Developments/Updates
Table 64. Sulwhasoo Competitive Strengths & Weaknesses
Table 65. 001 Skincare London Basic Information, Area Served and Competitors
Table 66. 001 Skincare London Major Business
Table 67. 001 Skincare London Traditional Chinese Medicine Skincare Product and Services
Table 68. 001 Skincare London Traditional Chinese Medicine Skincare Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 69. 001 Skincare London Recent Developments/Updates
Table 70. Wildling Basic Information, Area Served and Competitors
Table 71. Wildling Major Business
Table 72. Wildling Traditional Chinese Medicine Skincare Product and Services
Table 73. Wildling Traditional Chinese Medicine Skincare Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 74. Global Key Players of Traditional Chinese Medicine Skincare Upstream (Raw Materials)
Table 75. Traditional Chinese Medicine Skincare Typical Customers
List of Figure
Figure 1. Traditional Chinese Medicine Skincare Picture
Figure 2. World Traditional Chinese Medicine Skincare Total Market Size: 2019 & 2023 & 2030, (USD Million)
Figure 3. World Traditional Chinese Medicine Skincare Total Market Size (2019-2030) & (USD Million)
Figure 4. World Traditional Chinese Medicine Skincare Revenue Market Share by Region (2019, 2023 and 2030) & (USD Million) , (by Headquarter Location)
Figure 5. World Traditional Chinese Medicine Skincare Revenue Market Share by Region (2019-2030), (by Headquarter Location)
Figure 6. United States Based Company Traditional Chinese Medicine Skincare Revenue (2019-2030) & (USD Million)
Figure 7. China Based Company Traditional Chinese Medicine Skincare Revenue (2019-2030) & (USD Million)
Figure 8. Europe Based Company Traditional Chinese Medicine Skincare Revenue (2019-2030) & (USD Million)
Figure 9. Japan Based Company Traditional Chinese Medicine Skincare Revenue (2019-2030) & (USD Million)
Figure 10. South Korea Based Company Traditional Chinese Medicine Skincare Revenue (2019-2030) & (USD Million)
Figure 11. ASEAN Based Company Traditional Chinese Medicine Skincare Revenue (2019-2030) & (USD Million)
Figure 12. India Based Company Traditional Chinese Medicine Skincare Revenue (2019-2030) & (USD Million)
Figure 13. Traditional Chinese Medicine Skincare Market Drivers
Figure 14. Factors Affecting Demand
Figure 15. World Traditional Chinese Medicine Skincare Consumption Value (2019-2030) & (USD Million)
Figure 16. World Traditional Chinese Medicine Skincare Consumption Value Market Share by Region (2019-2030)
Figure 17. United States Traditional Chinese Medicine Skincare Consumption Value (2019-2030) & (USD Million)
Figure 18. China Traditional Chinese Medicine Skincare Consumption Value (2019-2030) & (USD Million)
Figure 19. Europe Traditional Chinese Medicine Skincare Consumption Value (2019-2030) & (USD Million)
Figure 20. Japan Traditional Chinese Medicine Skincare Consumption Value (2019-2030) & (USD Million)
Figure 21. South Korea Traditional Chinese Medicine Skincare Consumption Value (2019-2030) & (USD Million)
Figure 22. ASEAN Traditional Chinese Medicine Skincare Consumption Value (2019-2030) & (USD Million)
Figure 23. India Traditional Chinese Medicine Skincare Consumption Value (2019-2030) & (USD Million)
Figure 24. Producer Shipments of Traditional Chinese Medicine Skincare by Player Revenue ($MM) and Market Share (%): 2023
Figure 25. Global Four-firm Concentration Ratios (CR4) for Traditional Chinese Medicine Skincare Markets in 2023
Figure 26. Global Four-firm Concentration Ratios (CR8) for Traditional Chinese Medicine Skincare Markets in 2023
Figure 27. United States VS China: Traditional Chinese Medicine Skincare Revenue Market Share Comparison (2019 & 2023 & 2030)
Figure 28. United States VS China: Traditional Chinese Medicine Skincare Consumption Value Market Share Comparison (2019 & 2023 & 2030)
Figure 29. World Traditional Chinese Medicine Skincare Market Size by Type, (USD Million), 2019 & 2023 & 2030
Figure 30. World Traditional Chinese Medicine Skincare Market Size Market Share by Type in 2023
Figure 31. Facial Cleanser
Figure 32. Eye Care
Figure 33. Facial Mask
Figure 34. Toner
Figure 35. Lotion
Figure 36. Others
Figure 37. World Traditional Chinese Medicine Skincare Market Size Market Share by Type (2019-2030)
Figure 38. World Traditional Chinese Medicine Skincare Market Size by Application, (USD Million), 2019 & 2023 & 2030
Figure 39. World Traditional Chinese Medicine Skincare Market Size Market Share by Application in 2023
Figure 40. Men
Figure 41. Women
Figure 42. Traditional Chinese Medicine Skincare Industrial Chain
Figure 43. Methodology
Figure 44. Research Process and Data Source
Research Methodology
Client Requirements
Review and analyze client requirements
Discussion of all the project requirements and queries
Flexibility Check
Project Feasibility Analysis
Finalizing tentative research programme
Structuring project proposal with scope, timeline, and costs
Analyzing Market Dynamics
Determination of key drivers, restraints, challenge, and opportunity
Identifies market needs and trends
Market Size Estimation & Forecast
Estimation of historical data based on secondary and primary data
Anticipating market recast by assigning weightage to market forces (drivers, restraints, opportunities)
Freezing historical and forecast market size estimations based on evolution, trends, outlook, and strategies
Consideration of geography, region-specific product/service demand for region segments
Consideration of product utilization rates, product demand outlook for segments by application or end-user.
Data Source
Secondary Source
Data collections from annual reports, presentations,associations, journals, analyst reports,
paid database, press releases, blogs, newsletters,and GIR repositories.
Primary Source
Research discussion with manufacturers, distributors, suppliers, end user, industry experts
to verify insights.
Validation
and
triangulation of
secondary and primary source.
Collection of data
Cumulating and collating the essential qualitative and quantitative data
Generation of report in client requested format by research analysts
Reviews by expert analysts
Final quality check
Clarifying queries
Receiving feedback
Ensuring satisfaction
01 Identification of data
This step involves identification of several primary and secondary data research sources, including Global Info Research's internal data sources. The primary sources consist of in-depth discussions and interviews with policy makers, industry experts, and data evaluators, whereas secondary sources include a thorough study of market journals, press releases, annual reports, and government and non-government agencies websites.
-
02 Evaluation of Market Dynamic
This phase includes a detailed evaluation of several factors that are likely to affect the market dynamics. It involves a comprehensive assessment of major market pain points, drivers, and trends. It also comprises a detailed study of research plans and methodology.
-
03 Collection of Data
This process consists of gathering data, accessing proprietary databases, and reaching out to key industry participants that operate in the market across the value chain. It also involves studying several patterns in the historical data and comparing it with the current scenario.
-
04 Collaboration of Data
This stage involves the validation of data and arrival at actual statistics, and evolution of the market over the years. It entails the study and analyzes various segments and verticals of the market. An impact analysis is also performed to observe which factors will affect the market in the next few years.
05 Verification and Analysis
This is the final stage, which involves both quantity and quality checks. Although the process of data verification is an integral part of the research process, all data points and statistics and figures are re-checked to uphold their authenticity and validity.
Companies Mentioned
Wei Beauty Wthn Herbivore Botanicals Cha Ling Sulwhasoo 001 Skincare London Wildling
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