Global Keratin Products Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2028
“Global Keratin Products Market 2028” is a recent report generated by MarketResearch.biz, and offers in-depth insights and vital information regarding the global Keratin Products market. The report contains information regarding the various trends, drivers, restraints, opportunities, and threats in the target market are studied and analyzed till 2028. The global keratin products market report has been segmented on the basis of type, application, and region.
Keratin products are natural or organic protective protein products widely used by consumers for personal care and grooming. Products include cosmetics, hair care, skin cream, and nail enhancement and improvement products. Primarily, keratin products are used as a protective layer on the outside of the skin, and it helps to maintain flexibility and compactness, and controls cell growth through regeneration and softening of skin, and for wrinkle control. Two types of keratin products available in the market include alpha-keratin products and beta-keratin products. Alpha-keratin products or a-keratin products is a type of protein, which is useful for hair, nails, and making skin soft and free of wrinkles. Beta–keratin products is a forerunner of vitamin A and is used for healthy skin and eyes. A major advantage of keratin biomaterials is that it is both synthetic, as well as a natural product. Products find major use in controlled release applications as well as are used in tissue culture. Keratin has several biomedical applications owing to biodegradable and biocompatible nature. Besides having applications in cosmetics products, it is increasingly being used for drug delivery and wound healing. As a result, these benefits are expected to have a positive impact on market growth over the forecast period. Rising focus on R&D to develop and introduce eco-friendly products at competitive prices is expected to open up new and more lucrative opportunities for players operating in the target market over the next 10 years.
Keratin products can be used to help to repair damaged hair by maintaining the moisture. In addition, keratin products have the ability to improve skin pigmentation as protein helps the user to secure skin. Moreover, keratin products are used in the pharmaceutical industry for smooth coating on pills. However, the cost of keratin product treatment is high, and require constant monthly treatment, that can act as a major factor that can hamper growth of the global keratin products market.
Revenue growth of the alpha-keratin products segment is projected to continue to maintain its dominance over that of the beta-keratin products over the forecast period. This can be attributed to more preference among consumers for these products owing to excellent hair straightening results. In addition, these products meet stringent quality, performances and safety standards and products are eco-friendly. alpha-keratin contains vegetable keratin only, which is an amino acid complex derived from wheat and soya. In addition, it replicates the primary traits of traditional animal keratin.
Among the application segments, the beauty salon segment is projected to maintain its dominance over other application segments, and account for majority revenue share over the forecast period.
The market in Asia Pacific region is expected to witness profitable growth of the target market in terms of revenue, owing to increasing demand for keratin products for personal care and cosmetic industry.
The market in the North America region is to hold substantial market share owing to increasing preference towards cosmetic products, owing to growing demand for keratin products in numerous salons is the major factors expected to drive growth of the global keratin products market. In addition, prevalence of stringent regulations, especially in North America and Europe, has resulted in various skin and hair care product manufacturers shifting to more non-toxic keratin ingredients in products. However, volatility of raw material prices is projected to have a negative impact on the target market to a certain extent over the forecast period.
Global Keratin Products Market Segmentation:
Global Keratin Products Market Segmentation, by Type:
- Alpha-Keratin Products
- Beta-Keratin Products
Global Keratin Products Market Segmentation, by Application:
- Hair beauty salon
- Skin cream
Global Keratin Products Market Segmentation, by Region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Particular Scope Region
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
Actual Year 2020 Estimated Year 2021 Forecast Period 2021–2030 Revenue in US$
- Keraplast Technologies
- Parchem (Fine & Specialty Chemical)
- Nanokeratin System
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