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Indonesia Beauty Supplements Market by Product (Tablet, Capsule, Powder, Liquid), Application (Skin Care, Hair Care, Nail Care and Dental Care) and Distribution Channel (Hypermarkets or Supermarkets, E-commerce, Specialty Stores and Medical Stores or Pharmacy): Indonesia Opportunity Analysis and Industry Forecast, 2020-2030

A16353
Pages: 116
May 2022 | 148 Views
   
Author(s) : Swapna Singh , Onkar Sumant
Tables: 39
Charts: 31
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Indonesia Beauty Supplements Market Insight 2020-2030

The Indonesia beauty supplements market size was valued at $170.10 million in 2019, and is projected to reach $355.87 million by 2030, registering a CAGR of 7.82% from 2020 to 2030. Beauty supplements are usually consumed to enhance body metabolism to reduce occurrences of lifestyle disorders and enhance skin, nail, or hair texture. Furthermore, rise in awareness regarding maintenance of healthy and nourishing skin, hair, and nails also propels consumption of vitamins, minerals, botanicals, and other products. These supplements are most commonly available in tablet, capsule, powder, soft gel, gel cap, or liquid form. People take these supplements to make sure they get enough essential nutrients and to maintain or improve their health. Furthermore, consumers have also started adopting vitamins, minerals, and botanicals to boost immunity. They are usually consumed to enhance body metabolism and reduce the occurrence of lifestyle disorders.

The Indonesia beauty supplements market is negatively impacted by the pandemic as most countries adopted lockdown to combat the spread of the virus. In the beginning of the spread, it was difficult for companies to supply their products to market for consumption purpose by general population. Moreover, production of beauty supplements products faced disruption in supply chain completely, owing to the closure of manufacturing operations. In addition, consumers focused only on highly essential products such as food and beverages. However, with relaxation in lockdowns and decline in COVID-19 cases, companies have re-started their processes to fulfil the demand of products in the market. In research, it has been found that beauty supplements are helpful in boosting the immune system. Due to this new trend, the demand for the beauty supplements has highly increased. In addition, the COVID-19 pandemic has boosted the awareness of physical, mental, and emotional health and increased the implementation of self-care among consumers. This, in turn, has increased the adoption of health and beauty supplements.

Indonesia beauty supplements are expected to exhibit significant market growth during the forecast period, owing to rising awareness regarding health benefits associated with beauty supplements and increasing physical appearance concerns among the individuals. The key factors that drive the growth of Indonesia beauty supplements market include availability of beauty supplements on online portals and growing popularity of beauty supplements. However, high cost of beauty supplements and side effects associated with beauty supplement products including constipation, diarrhea and others are expected to restrict the market growth. Moreover, rise in R&D for development of better health supplements for various nutritional deficiencies and shift towards plant supplements are expected to create lucrative opportunities for key market players.

Indonesia-Beauty-Supplements-Market,-2020-2030

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Indonesia Beauty Supplements market is segmented on the basis of product type, application and distribution channel. According to product type, the market is divided into tablet, capsule, powder and liquid. On the basis of application, the market is divided into skin care, hair care, nail care and dental care. On the basis of distribution channel, the market is divided into hypermarkets or supermarkets, e-commerce, specialty stores and medical stores or pharmacy.

COVID-19 Impact on Indonesia beauty supplements market

Coronavirus (COVID-19) was discovered in December 2019 in Hubei province of Wuhan city in China. The disease is caused by a virus, severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2), which is transmitted among humans. 

After its discovery in Wuhan, the disease rapidly spread to other parts of the globe. Moreover, this virus causes various symptoms in patients, which range from common symptoms to serious symptoms. For instance, common symptoms include fever, dry cough, and fatigue. However, serious symptoms include difficulty in breathing or shortness of breath, chest pain or pressure, and loss of speech or movement. Furthermore, the virus has high potential of lethality in geriatric population. On March 11, 2020, the World Health Organization (WHO) made an assessment that COVID-19 can be characterized as a pandemic. In addition, only a few vaccines received emergency approvals for COVID-19 prevention. Thus, social distancing is observed as the most important measure to stop the spread of this disease. Furthermore, to maintain social distancing, various countries globally adopted nationwide lockdowns. 

The market is negatively impacted by the pandemic as most countries adopted lockdown to combat the spread of the virus. In the beginning of the spread, it was difficult for companies to supply their products to market for consumption purpose by general population. Moreover, production of beauty supplements products faced disruption in supply chain completely, owing to the closure of manufacturing operations. In addition, consumers focused only on highly essential products such as food and beverages. However, with relaxation in lockdowns and decline in COVID-19 cases, companies have re-started their processes to fulfil the demand of products in the market. In research, it has been found that beauty supplements are helpful in boosting the immune system. Due to this new trend, the demand for the beauty supplements has highly increased. In addition, the COVID-19 pandemic has boosted the awareness of physical, mental, and emotional health and increased the implementation of self-care among consumers. This, in turn, has increased the adoption of health and beauty supplements.

Product Type Segment Review

By product type, Indonesia Beauty Supplements market is divided into tablet, capsule, powder and liquid. The tablet was the major revenue contributor in 2020, and is anticipated to continue this trend during the forecast period, owing to tablets have high shelf life and they are easier to store as compare to other product types. On the other side, the demand for capsules is projected to exhibit the fastest market growth during the forecast period, Owing to their cost-effectiveness, relative ease of manufacturing, and wide availability of patient-friendly dosing options 

Indonesia Beauty Supplements Market
By Product Type

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The tablet was the major revenue contributor in 2019, and is anticipated to continue this trend during the forecast period

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Application Segment Review

By application, the Indonesia Beauty Supplements market into classified as skin care, hair care, nail care and others. The skin care segment presently dominates the market, and is expected to remain dominant during the forecast period. This segment is expected to exhibit a prominent growth rate, owing to increasing awareness regarding skin benefits associated with beauty supplements. In addition, growing awareness of one's appearance and skin quality, as well as rising consumer spending power around the Indonesia, are driving demand in the Indonesia skin supplement market.

Indonesia Beauty Supplements Market
By Application

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The Skin Care segment presently dominates the market, and is expected to remain dominant during the forecast period

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Distribution channel Segment Review

By distribution channel, the Indonesia Beauty Supplements market is classified as hypermarkets or supermarkets, e-commerce, specialty stores and medical stores or pharmacy. The hypermarkets or supermarkets segment presently dominates the market, and is expected to remain dominant during the forecast period. This segment is expected to exhibit a prominent growth rate, owing to high consumer preference, trust for direct distribution channel over other channel and easy availability of beauty supplements product through hypermarket or supermarket.

Indonesia Beauty Supplements Market
By Distribution Channel

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The Hypermarkets Or Supermarkets segment presently dominates the market, and is expected to remain dominant during the forecast period.

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This report provides comprehensive competitive analysis and profiles of prominent market players, such as key players operating in Asahi Group Holdings, Biovea, Amway, Meiji Holdings Co., Ltd., Pfizer Inc., Reserveage Nutrition, Vitabiotics Ltd, Zija International., Taisho pharmaceutical holdings co. ltd., Walgreens Boots Alliance, Inc.

Key Benefits For Stakeholders

  • The study provides an in-depth analysis of the Indonesia beauty supplements market and the current trends and future estimations to elucidate the imminent investment pockets.
  • It presents a quantitative analysis of the market from 2020 to 2030 to enable stakeholders to capitalize on the prevailing Indonesia beauty supplements market opportunities.
  • Extensive analysis of the market based on type assists to understand the trends in the industry.
  • Key players and their strategies are thoroughly analyzed to understand the competitive outlook of the Indonesia beauty supplements market

Key Market Segments

  • By Product
    • Tablet
    • Capsule
    • Powder
    • Liquid
  • By Application
    • Skin Care
    • Hair Care
    • Nail Care
    • Dental Care
  • By Distribution Channel!!Hypermarkets or Supermarkets
    • E-commerce
    • Specialty Stores
    • Medical Stores or Pharmacy
  • Key Players
    • Amway
    • Asahi Group Holdings
    • Biovea
    • Meiji Holdings Co., Ltd.
    • Pfizer Inc.
    • Reserveage Nutrition
    • Taisho pharmaceutical holdings co. ltd.
    • Vitabiotics Ltd
    • Walgreens Boots Alliance, Inc.
    • Zija International.
 

CHAPTER 1:INTRODUCTION

1.1.Report description
1.2.Key benefits for stakeholders
1.3.Key market segments

1.3.1.List of key players profiled in the report

1.4.Research methodology

1.4.1.Secondary research
1.4.2.Primary research
1.4.3.Analyst tools and models

CHAPTER 2:EXECUTIVE SUMMARY

2.1.Key findings of the study
2.2.CXO perspective

CHAPTER 3:MARKET OVERVIEW

3.1.Market definition and scope

3.1.1.Top winning strategies

3.2.Porters five forces analysis
3.3.Top player positioning
3.4.Market dynamics

3.4.1.Drivers

3.4.1.1.Rise in awareness regarding health benefits associated with beauty supplements
3.4.1.2.Increase in consciousness regarding physical appearance
3.4.1.3.Shift in consumer preference toward dietary supplements due to increase in focus on health and self-care

3.4.2.Restraint

3.4.2.1.High cost of health & beauty supplements

3.4.3.Opportunity

3.4.3.1.Shift toward plant-based supplements

3.4.4.Impact analysis

3.5.Brand share analysis
3.6.COVID-19 impact analysis for beauty supplement market

CHAPTER 4:INDONESIA BEAUTY SUPPLEMENT MARKET, BY PRODUCT

4.1.Overview

4.1.1.Market size and forecast (volume and value)

4.2.Tablet

4.2.1.Key market trends, growth factors, and opportunities

4.2.1.1.Capsule

4.2.2.Key market trends, growth factors, and opportunities

4.3.Powder

4.3.1.Key market trends, growth factors, and opportunities

4.4.Liquid

4.4.1.Key market trends, growth factors, and opportunities

CHAPTER 5:INDONESIA BEAUTY SUPPLEMENT MARKET, BY APPLICATION

5.1.Overview

5.1.1.Market size and forecast

5.2.Skin care
5.3.Hair care

5.3.1.Nail care

5.4.Dental care

CHAPTER 6:INDONESIA BEAUTY SUPPLEMENT MARKET, BY DISTRIBUTION CHANNEL

6.1.Overview

6.1.1.Market size and forecast

6.2.Hypermarket/supermarket
6.3.E-commerce

6.3.1.Specialty stores

6.4.Medical stores or pharmacies

CHAPTER 7:COMPETITION LANDSCAPE

7.1.Top winning strategies
7.2.Product mapping
7.3.Competitive dashboard
7.4.Competitive heatmap
7.5.Key developments

7.5.1.Product Launch
7.5.2.Company Launch
7.6.Top player positioning, 2020

CHAPTER 8:COMPANY PROFILES

8.1.AMWAY

8.1.1.Company overview
8.1.2.Company snapshot
8.1.3.Operating business segments
8.1.4.Product portfolio
8.1.5.Key strategic moves and developments

8.2.ASAHI GROUP HOLDINGS, LTD.

8.2.1.Company overview
8.2.2.Company snapshot
8.2.3.Operating business segments
8.2.4.Product portfolio
8.2.5.Business performance

8.2.6.Key strategic moves and developments

8.3.BIOVEA

8.3.1.Company overview
8.3.2.Company snapshot
8.3.3.Operating business segments
8.3.4.Product portfolio

8.4.MEIJI HOLDINGS CO., LTD.

8.4.1.Company overview
8.4.2.Company snapshot
8.4.3.Operating business segments
8.4.4.Product portfolio
8.4.5.Business performance

8.5.PFIZER INC.

8.5.1.Company overview
8.5.2.Company snapshot
8.5.3.Operating business segments
8.5.4.Product portfolio
8.5.5.Business performance

8.6.RESERVEAGE NUTRITION

8.6.1.Company overview
8.6.2.Company snapshot
8.6.3.Operating business segments
8.6.4.Product portfolio
8.6.5.Key strategic moves and developments

8.7.TAISHO PHARMACEUTICAL CO. LTD.

8.7.1.Company overview
8.7.2.Company snapshot
8.7.3.Operating business segments
8.7.4.Product portfolio
8.7.5.Business performance

8.8.VITABIOTICS LTD.

8.8.1.Company overview
8.8.2.Company snapshot
8.8.3.Operating business segments
8.8.4.Product portfolio

8.9.WALGREENS BOOTS ALLIANCE, INC. (THE BOOTS COMPANY PLC)

8.9.1.Company overview
8.9.2.Company snapshot
8.9.3.Operating business segments
8.9.4.Product portfolio
8.9.5.Business performance
8.9.6.Key strategic moves and developments

8.10.ZIJA INTERNATIONAL(ISAGENIX INTERNATIONAL)

8.10.1.Company overview
8.10.2.Company snapshot
8.10.3.Operating business segments
8.10.4.Product portfolio
8.10.5.Key strategic moves and developments

LIST OF TABLES

TABLE 01.INDONESIA BEAUTY SUPPLEMNTS MARKET, BY PRODUCT TYPE, 2020-2030 ($MILLION)
TABLE 02.INDONESIA BEAUTY SUPPLEMNTS MARKET, BY PRODUCT TYPE, 2020-2030 (MILLION UNIT)
TABLE 03.INDONESIA BEAUTY SUPPLEMNTS MARKET, BY APPLICATION, 2020-2030 ($MILLION)
TABLE 04.INDONESIA BEAUTY SUPPLEMNTS MARKET, BY DISTRIBUTION CHANNEL, 2020-2030 ($MILLION)
TABLE 05.AMWAY: COMPANY SNAPSHOT
TABLE 06.AMWAY: OPERATING SEGMENTS
TABLE 07.AMWAY: PRODUCT PORTFOLIO
TABLE 08.AMWAY: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 09.ASAHI: COMPANY SNAPSHOT
TABLE 10.ASAHI : OPERATING SEGMENTS
TABLE 11.ASAHI : PRODUCT PORTFOLIO
TABLE 12.ASAHI: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 13.BIOVEA: COMPANY SNAPSHOT
TABLE 14.BIOVEA: OPERATING SEGMENTS
TABLE 15.BIOVEA: PRODUCT PORTFOLIO
TABLE 16.MAIJI: COMPANY SNAPSHOT
TABLE 17.MEIJI: OPERATING SEGMENTS
TABLE 18.MEIJI: PRODUCT PORTFOLIO
TABLE 19.PFIZER: COMPANY SNAPSHOT
TABLE 20.PFIZER: OPERATING SEGMENTS
TABLE 21.PFIZER: PRODUCT PORTFOLIO
TABLE 22.RESERVEAGE: COMPANY SNAPSHOT
TABLE 23.RESERVEAGE: OPERATING SEGMENTS
TABLE 24.RESERVEAGE: PRODUCT PORTFOLIO
TABLE 25.RESERVEAGE: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 26.TAISHO: COMPANY SNAPSHOT
TABLE 27.TAISHO: OPERATING SEGMENTS
TABLE 28.TAISHO: PRODUCT PORTFOLIO
TABLE 29.VITABIOTICS: COMPANY SNAPSHOT
TABLE 30.VITABIOTICS: OPERATING SEGMENTS
TABLE 31.VITABIOTICS: PRODUCT PORTFOLIO
TABLE 32.WALGREENS BOOTS ALLIANCE: COMPANY SNAPSHOT
TABLE 33.WALGREENS BOOTS ALLIANCE: OPERATING SEGMENTS
TABLE 34.WALGREENS BOOTS ALLIANCE: PRODUCT PORTFOLIO
TABLE 35.WALGREENS BOOTS ALLIANCE: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 36.ISAGENIX: COMPANY SNAPSHOT
TABLE 37.ISAGENIX: OPERATING SEGMENTS
TABLE 38.ISAGENIX: PRODUCT PORTFOLIO
TABLE 39.ISAGENIX: KEY STRATEGIC MOVES AND DEVELOPMENTS

LIST OF FIGURES

FIGURE 01.INDONESIA BEAUTY SUPPLEMENT MARKET SEGMENTATION
FIGURE 02.TOP WINNING STRATEGIES, BY YEAR, 2019–2021
FIGURE 03.TOP WINNING STRATEGIES, BY DEVELOPMENT, 2019-2021 (%)
FIGURE 04.TOP WINNING STRATEGIES, BY COMPANY, 2019–2021
FIGURE 05.HIGH BARGANING POWER OF SUPPLIERS
FIGURE 06.MODERATE BARGANING POWER OF BUYERS
FIGURE 07.MODERTAE THREAT OF SUBSTITUTION
FIGURE 08.MODERATE THREAT OF NEW ENTRANTS
FIGURE 09.HIGH COMPETITIVE RIVALRY
FIGURE 10.TOP PLAYER POSITIONING
FIGURE 11.IMPACT ANALYSIS
FIGURE 12.BRAND SHARE, BY VALUE
FIGURE 13.BRAND SHARE, BY VOLUME
FIGURE 14.TOP WINNING STRATEGIES, BY YEAR, 2019–2022
FIGURE 15.TOP WINNING STRATEGIES, BY DEVELOPMENT, 2019-2022 (%)
FIGURE 16.TOP WINNING STRATEGIES, BY COMPANY, 2019–2022
FIGURE 17.PRODUCT MAPPING OF TOP 10 KEY PLAYERS
FIGURE 18.COMPETITIVE DASHBOARD OF TOP 10 KEY PLAYERS
FIGURE 19.COMPETITIVE HEATMAP OF TOP 10 KEY PLAYERS
FIGURE 20.ASAHI: NET SALES, 2018–2020 ($MILLION
FIGURE 21.ASAHI: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 22.ASAHI: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 23.MEIJI: REVENUE, 2018–2020 ($MILLION)
FIGURE 24.MEIJI: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 25.PFIZER: NET SALES, 2018–2020 ($MILLION
FIGURE 26.PFIZER: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 27.TAISHO: NET SALES, 2018–2020 ($MILLION
FIGURE 28.TAISHO: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 29.WALGREENS BOOTS ALLIANCE: NET SALES, 2018–2020 ($MILLION
FIGURE 30.WALGREENS BOOTS ALLIANCE: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 31.WALGREENS BOOTS ALLIANCE: REVENUE SHARE BY REGION, 2020 (%)


 
 

This section provides various opinions of top-level CXOs in the Indonesia beauty supplements market. In accordance to several surveys conducted, the popularity of beauty will witness a significant growth. According to CXOs, adoption beauty supplements is expected to increase. This is attributed to factors such as rising awareness regarding health benefits associated with beauty supplements and increasing physical appearance concerns among the individuals. In addition, various manufacturers offer personalized nutritional supplement (can be based on a single nutrient or on a combination of various nutrients as per their personal requirement), which is expected to be the future for growth of the market.

However, some of the leading players operating in the Indonesia beauty supplements market are focused on product launches, approvals, and partnerships to gain market dominance and keep their products updated and in demand. In addition, availability of beauty supplements on online portals, growing popularity of beauty supplements and easy availability of beauty supplement through many distribution channels which, in turn, drives the market growth.

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FREQUENTLY ASKED QUESTIONS?
 

A. The total market value of Indonesia Beauty Supplements Market is $355.87 Million in 2030

A. The forecast period in the report is from 2020 to 2030

A. The market value of Indonesia Beauty Supplements Market in 2019 was $170.10 million

A. The base year for the report is 2019

A. Yes, Indonesia Beauty Supplements Market companies are profiled in the report

A. The top companies that hold the market share in Indonesia Beauty Supplements Market are Asahi Group Holdings, Biovea, Amway, Meiji Holdings Co., Ltd., Pfizer Inc.

A. No, there is No value chain analysis provided in the Indonesia Beauty Supplements Market report

A. The key trends in the Indonesia Beauty Supplements Market are rising awareness regarding health benefits associated with beauty supplements and increasing physical appearance concerns among the individuals

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