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Coffee Beauty Products Products Market Size, Share, & Trends Analysis Report (2023 – 2030)
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Report Overview
The global coffee beauty products market was valued at USD 2.1 billion in 2021 and is projected to expand at a CAGR of 8.3% from 2022 to 2030. The demand for coffee beauty products is increasing due to their ability to provide skin hydration and nourishment. Moreover, rising consumer awareness regarding the benefits of coffee beauty products such as its antioxidant and anti-aging properties is driving the market growth. Additionally, the growing demand for organic and natural products is further propelling the market growth.
Various companies are introducing new products to expand their product portfolios and gain a competitive edge. For instance, in March 2021, Nivea, a leading skincare brand, launched its NIVEA Creme Care Face Care range, containing a unique blend of coffee and almond milk, to provide skin hydration and nourishment. Additionally, players are introducing new products to meet the varied needs of consumers. For instance, in June 2021, The Body Shop launched its new line of coffee-infused body care products, including a body scrub, body butter, and shower gel, to help leave the skin feeling refreshed and energized.
The convenience and ease of use of coffee beauty products are the major factors driving the market growth. Furthermore, the growing popularity of subscription-based services has fueled the demand for coffee beauty products. For instance, in April 2021, Birchbox launched its new subscription box, which includes a selection of coffee-based beauty products such as body scrubs, face masks, and body oils. Additionally, the rising number of beauty influencers and bloggers are further driving the market growth by increasing awareness about the products.
The increasing demand for vegan and cruelty-free products is further propelling the market growth. Moreover, the increasing demand for natural ingredients, such as coffee, and the changing lifestyle of people are driving the market growth. For instance, in June 2021, The Organic Coffee Company launched a new line of organic and vegan coffee beauty products, including a face scrub, face wash, and eye cream. Furthermore, increasing disposable income, growing preference for natural and organic products, and rising demand for innovative products are expected to drive the market growth in the forecast period.
Product Insights
The body care segment led the market and accounted for a share of around 35.3% in 2022. Coffee beauty products are gaining popularity across the world due to the several benefits associated with them, such as antioxidant and anti-inflammatory properties, skin lightening, and skin tightening. Moreover, increasing demand for organic products from consumers and rising awareness about the importance of personal care are some of the major factors driving the market for coffee beauty products.
The hair care segment is anticipated to expand at the fastest CAGR of 8.9% over the forecast period. Increasing demand for coffee-based hair care products such as coffee oil and coffee shampoo are some of the major factors driving the growth of the market. According to an article published by the University of Halmstad, in November 2019, 45% of consumers stated that they would prefer to use coffee-based products for hair care. Furthermore, rising awareness among consumers regarding the use of natural-based products is another factor driving the market.
Distribution Channel Insights
The supermarkets and hypermarkets segment captured the major share of over 32.3% in 2022. The growth of the segment is mainly driven by the rising consumer inclination towards supermarkets & hypermarkets as a primary source to purchase beauty and personal care products. Supermarkets and hypermarkets offer a wide range of coffee beauty products, including body lotions, face creams, and soaps. These establishments also provide a reasonable selection of products and assist customers in making rapid purchasing decisions for the required skincare product.
The online segment is anticipated to expand at the highest CAGR of 14.2% over the forecast period. E-commerce development in the personal care and skincare industry has been rapid, with companies launching online websites and shopping apps to increase their brand visibility among consumers. For instance, in April 2021, Starbucks launched an online store with a range of beauty products, including body lotions, scrubs, and soaps. Consumers can buy these products online and also get advice on how to use them. In addition, it will also offer the best brands and products for coffee beauty along with expert advice and opinions on choosing the best regime.
Type Insights
The natural segment is expected to dominate the coffee beauty products market and account for a revenue share of 42.6% in 2027. The growing demand for eco-friendly and natural products among consumers is driving the growth of the natural segment. The presence of natural ingredients such as coffee, honey, and almond oil in the products is attracting consumers. Moreover, the growing demand for vegan beauty products is also driving the growth of this segment. Companies are introducing more natural and organic beauty products to capitalize on the growing trend. For instance, in June 2020, The Coffee Scrub, a U.S.-based company, launched a vegan-certified body scrub range made from natural ingredients such as Arabica coffee, sea salt, and sweet almond oil.
The synthetic segment is anticipated to expand at the highest CAGR of 6.7% over the forecast period. The growing demand for synthetic beauty products such as creams, lotions, and shower gels is driving the segment growth. The presence of artificial ingredients in these products is expected to fuel the demand for synthetic beauty products in the near future. Companies are introducing innovative products to expand their offerings in the synthetic segment. For instance, in April 2020, Tetra Pak, a Swedish packaging company, launched a new range of packaging solutions for synthetic beauty products.
Regional Insights
North America is expected to account for the largest revenue share in the market due to the presence of prominent players such as The Body Shop, L’Oréal, and Estée Lauder. Furthermore, the presence of leading specialty retailers and the increasing demand for natural and organic beauty products is expected to drive the growth of the market in the region. For instance, in June 2021, The Body Shop launched a limited-edition skincare collection infused with 100% Arabica coffee sourced from a smallholder female-led farm in Costa Rica.
Europe is expected to be the second-largest market in terms of revenue share. This is attributed to the growing demand for sustainable and chemical-free beauty products among consumers. Moreover, the increasing demand for anti-aging and anti-wrinkle products is further expected to drive the growth of the market in the region. For instance, in April 2021, L’Oréal introduced its new anti-aging serum with coffee seed extract.
Financial Projections
In this part of the Coffee Beauty Products business plan we will provide a detailed breakdown of all income and expense categories of the business. These forecasts include cash flow projections and capital requirements for your Coffee Beauty Products business. Usually, these projections are drafted for a 5-year period.
Revenue Assumptions
The main source of revenues for a Coffee Beauty Products business comes from retail sales, online sales, wholesale and private label sales, and subscriptions. Here you will find a list with a description of each of them and other possible sources of profit such as fundraising, marketing, and advertising.
Projecting Expenses
In this section, all the regular expenses related to keeping the Coffee Beauty Products business running will be described. The list of operating expenses includes product ingredient and packaging costs, wages, maintenance and repairs, utilities, insurance policies, advertising, and others.
Key companies & market share insights
Some of the key companies operating in the coffee beauty products market are increasingly focusing on product launches and expansion of the distribution channel to gain prominent visibility among consumers. Some of the initiatives are:
– In June 2022, Illy launched a range of coffee-based beauty products, which include coffee face masks, coffee body scrubs, coffee body lotions, and coffee-infused lip balms.
– In August 2022, Starbucks launched an anti-aging face cream made with coffee seed extract.
– In October 2022, Kona Coffee launched a range of coffee-infused bath and body products, such as body wash, shampoo, conditioner, and body lotion.
Some of the prominent players in the coffee beauty products market include:
– Illy
– Starbucks
– Kona Coffee
– Lavazza
– Folgers
– Dunkin’ Donuts
– Caribou Coffee
– Peet’s Coffee
– Nescafe
– Maxwell House
Global Coffee Beauty Products Market Segmentation
This report forecasts growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2017 to 2030. For this study, Grand View Research has segmented the global coffee beauty products market based on product type, distribution channel, type, and region:
1. Product Type Outlook (Revenue, USD Million, 2017 – 2030)
– Facial Care
– Body Care
– Hair Care
– Nail Care
– Others
2. Distribution Channel Outlook (Revenue, USD Million, 2017 – 2030)
– Supermarkets & Hypermarkets
– Online
– Specialty Stores
– Others
3. Type Outlook (Revenue, USD Million, 2017 – 2030)
– Organic
– Non-Organic
4. Regional Outlook (Revenue, USD Million, 2017 – 2030)
– North America
– Europe
– Asia Pacific
– Central & South America
– Middle East & Africa
Frequently Asked Questions
[Q]: What are the key factors driving the coffee beauty products market?
[A]: The growing demand for natural and organic beauty products is a major factor driving the coffee beauty products market. Consumers are now more aware of the benefits of using natural and organic products for beauty and skin care and are increasingly opting for such products. The availability of a wide range of coffee beauty products in the market has further increased the market demand. Additionally, the increasing popularity of coffee-infused beauty treatments in spas and beauty salons is driving the coffee beauty products market.
[Q]: Who are the key players in the coffee beauty products market?
[A]: Key players in the coffee beauty products market include The Body Shop, L’Oréal SA, Kiehl’s LLC, The Estée Lauder Companies Inc., and Avon Products Inc.
[Q]: What is the potential of product innovation in the coffee beauty products market?
[A]: Product innovation has been a major focus area for the market players in the coffee beauty products market. Companies are introducing new products with improved formulations, natural ingredients, and better packaging. Innovations in product formulations and packaging are expected to create new opportunities for the coffee beauty products market.
[Q]: Which region offers the largest opportunity for sales of coffee beauty products?
[A]: North America is expected to be the most lucrative region in the coffee beauty products market, with a projected absolute dollar opportunity of $2.2 B (USD) by the end of the forecast period. This can be attributed to the increasing awareness about the benefits of using natural products for beauty and skin care, and the availability of a wide range of coffee beauty products in the market.
Research Methodology
Impact Analytix employs a comprehensive and iterative research methodology focused on minimizing deviance in order to provide the most accurate estimates and forecasts possible. The company utilizes a combination of bottom-up and top-down approaches for segmenting and estimating quantitative aspects of the market. In Addition, a recurring theme prevalent across all our research reports is data triangulation which looks market from three different perspectives. Critical elements of the methodology employed for all our studies include:
Preliminary data mining
Raw market data is obtained and collated on a broad front. Data is continuously filtered to ensure that only validated and authenticated sources are considered. In addition, data is also mined from a host of reports in our repository, as well as a number of reputed paid databases. For a comprehensive understanding of the market, it is essential to understand the complete value chain and in order to facilitate this; we collect data from raw material suppliers, distributors as well as buyers.
Technical issues and trends are obtained from surveys, technical symposia, and trade journals. Technical data is also gathered from an intellectual property perspective, focusing on white space and freedom of movement. Industry dynamics with respect to drivers, restraints, and pricing trends are also gathered. As a result, the material developed contains a wide range of original data that is then further cross-validated and authenticated with published sources.
Statistical model
Our market estimates and forecasts are derived through simulation models. A unique model is created and customized for each study. Gathered information for market dynamics, technology landscape, application development, and pricing trends are fed into the model and analyzed simultaneously. These factors are studied on a comparative basis, and their impact over the forecast period is quantified with the help of correlation, regression, and time series analysis. Market forecasting is performed via a combination of economic tools, technological analysis, industry experience, and domain expertise.
Econometric models are generally used for short-term forecasting, while technological market models are used for long-term forecasting. These are based on an amalgamation of the technology landscape, regulatory frameworks, economic outlook, and business principles. A bottom-up approach to market estimation is preferred, with key regional markets analyzed as separate entities and integration of data to obtain global estimates. This is critical for a deep understanding of the industry as well as ensuring minimal errors. Some of the parameters considered for forecasting include:
Market drivers and restraints, along with their current and expected impact
Raw material scenario and supply v/s price trends
Regulatory scenario and expected developments
Current capacity and expected capacity additions up to 2030
We assign weights to these parameters and quantify their market impact using weighted average analysis, to derive an expected market growth rate.
Primary validation
This is the final step in estimating and forecasting our reports. Exhaustive primary interviews are conducted, face to face as well as over the phone to validate our findings and assumptions used to obtain them. Interviewees are approached from leading companies across the value chain including suppliers, technology providers, domain experts, and buyers so as to ensure a holistic and unbiased picture of the market. These interviews are conducted across the globe, with language barriers overcome with the aid of local staff and interpreters. Primary interviews not only help in data validation but also provide critical insights into the market, current business scenario, and future expectations and enhance the quality of our reports. All our estimates and forecast are verified through exhaustive primary research with Key Industry Participants (KIPs) which typically include:
Market-leading companies
Raw material suppliers
Product distributors
Buyers
The key objectives of primary research are as follows:
To validate our data in terms of accuracy and acceptability
To gain an insight into the current market and future expectations
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