Japan Beauty Fridges Market Size
| Study Period | 2020 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2020 - 2022 |
| CAGR | > 5.00 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Japan Beauty Fridges Market Analysis
The Japan Beauty Fridges Market has generated gross revenue of USD 82.17 million in the current year and is poised to register a CAGR of more than 5% for the forecast period. A beauty fridge is used to store cosmetics, beauty, and skincare products that need refrigeration to preserve the efficiency of the ingredients. The rising popularity of active and organic ingredients in the skincare routine requires cold storage solutions. Some products, such as retinol and vitamin C, disintegrate in the presence of heat, light, and certain conditions that are unfavorable for their ingredients. Thus, such products require cold and dark storage facilities. Refrigeration is crucial for products such as water-based creams and gels to retain the necessary moisture.
After COVID-19, the inclination toward outdoor recreational activities such as camping among working professionals fueled the demand for beauty fridges. Customers are also keen on using luxurious and productive products during their outing activities, which, in turn, is augmenting the use of portable beauty fridges.
The rise in the number of beauty influencers has paved the way for the market players to increase their sales as such influencers connect with the audience. As a result, boosting the growth of skincare products is anticipated to create opportunities for the market players.
Japan Beauty Fridges Market Trends
Increasing Trend of Cold or Cryotherapy-based Products
Through numerous research and studies, it has been found that the application of cold products is exceptionally beneficial for the skin. The cold temperature of things applied to the skin, like ice or chilled toners or balm, is highly efficient in combating puffiness, open pores, and spots. This has given rise to the trend of cryotherapy-based crèmes and DIY ice rollers. In addition, the current hectic lifestyles and consumption of alcohol and junk foods have raised strong support for good skincare, and the advantages of cold product applications have garnered this support as well. Therefore, the known benefits of using beauty and cosmetic products kept in a fridge are boosting the growth of the Japanese beauty fridge market in the coming years.
Rising Number of Organic/Herbal Ingredients Products
With the rising trend of beauty and skincare, consumers have started demanding products that help give benefits to the skin without needing to spend a lot. As a result, a variety of products are now available in the marketplaces with active ingredients or herbal or organic components. In addition, skin product manufacturers are incorporating temperature-sensitive ingredients like vitamin C, retinol, hyaluronic acids, etc., which are required to be kept at low temperatures. Therefore, both the availability of such products and beauty fridges significantly contribute to the demand for them, especially among working individuals, thereby expanding the development of the market.
Japan Beauty Fridges Industry Overview
The Japan Beauty Fridges Market is a fragmented industry. Beauty fridges have been found to be helpful in extending the shelf life of many products. The rising awareness about the proper storing of beauty products is driving the expansion of the market. With technological advancement and product innovation, mid-size to smaller companies are increasing their market presence. The significant major market players are Cooltai, AstroAI, Iris Plaza Freezer, Eenour and Crownful.
Japan Beauty Fridges Market Leaders
Cooltai
AstroAI
Iris plaza freezer
Eenour
Crownful
*Disclaimer: Major Players sorted in no particular order
Japan Beauty Fridges Market News
- August 2023: AstroAI launched a mini makeup skincare fridge of 2nd Gen having a capacity of 6L (LY2206A). The compact fridge has a futuristic aesthetic, plenty of features, and a low-noise system. The detachable helps to easily store beverages, cosmetics, and foods at varying heights. It has unique silicone pads on the base to prevent slippage, while the hidden hinges protect against scratches. AstroAI is built on technological research and development, quality control, product management, and customer service to ensure customers the best experience with the products.
- September 2022: Eenour launched a new beauty fridge with an LED makeup mirror (3 levels of dimming). It is ideal for storing 12L beauty products (CC-12L/A-JP). Store cosmetics from unopened, unopened, direct sunlight, high temperature, and humidity locations, and places with high-temperature changes. It prevents cosmetic deterioration. EENOUR is a brand in the home & kitchen industry, offering a wide range of compact beauty fridges to its customers.
Table of Contents
1. INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS AND INSIGHTS
4.1 Market Overview
4.2 Market Drivers
4.2.1 More Usage of Beauty Products is Driving the Market
4.3 Market Restraints
4.3.1 High Price of the Beauty Fridges
4.4 Market Opportunities
4.4.1 Technological advancement in beauty fridge market
4.5 Industry Value Chain Analysis
4.6 Industry Attractiveness - Porter's Five Forces Analysis
4.6.1 Bargaining Power of Buyers
4.6.2 Bargaining Power of Suppliers
4.6.3 Threat of New Entrants
4.6.4 Threat of Substitutes
4.6.5 Intensity of Competitive Rivalry
4.7 Insights on technology innovation in the Market.
4.8 Impact of COVID-19 on the Market
5. MARKET SEGMENTATION
5.1 By Capacity
5.1.1 Up To 4 Liters
5.1.2 4 Liters to 7 Liters
5.1.3 7 Liters to 10 Liters
5.1.4 More Than 10 Liters
5.2 By Application
5.2.1 Skincare Products
5.2.2 Haircare Products
5.2.3 Cosmetics
5.3 By Distribution
5.3.1 Online
5.3.2 Offline
6. COMPETITIVE LANDSCAPE
6.1 Market Concentration Overview
6.2 Company Profiles
6.2.1 Cooltai
6.2.2 AstroAI
6.2.3 Iris plaza freezer
6.2.4 Eenour
6.2.5 Crownful
6.2.6 HCK
6.2.7 Hanshumy
6.2.8 Upstore
6.2.9 OHM
6.2.10 Ninonly*
- *List Not Exhaustive
7. MARKET FUTURE TRENDS
8. DISCLAIMER AND ABOUT US
Japan Beauty Fridges Industry Segmentation
A beauty fridge is a refrigerator for storing beauty and skincare products that are unstable. Products that break down, disintegrate, or decompose when exposed to light or heat are recognized as unstable products. The ingredients found in such products need to be kept below a certain temperature to maintain their consistency and efficiency. Japan's Beauty Fridges Market is Segmented By Capacity (Up To 4 Liters, 4 Liters to 7 Liters, 7 Liters to 10 Liters, and More Than 10 Liters), By Application (Skincare Products, Haircare Products, and Cosmetics), By Distribution (Online and Offline). The report offers market size and forecasts for the Japan Beauty Fridges Market in value (USD) for all the above segments.
| By Capacity | |
| Up To 4 Liters | |
| 4 Liters to 7 Liters | |
| 7 Liters to 10 Liters | |
| More Than 10 Liters |
| By Application | |
| Skincare Products | |
| Haircare Products | |
| Cosmetics |
| By Distribution | |
| Online | |
| Offline |
Frequently Asked Questions
What is the current Japan Beauty Fridges Market size?
The Japan Beauty Fridges Market is projected to register a CAGR of greater than 5% during the forecast period (2024-2029)
Who are the key players in Japan Beauty Fridges Market?
Cooltai, AstroAI, Iris plaza freezer, Eenour and Crownful are the major companies operating in the Japan Beauty Fridges Market.
What years does this Japan Beauty Fridges Market cover?
The report covers the Japan Beauty Fridges Market historical market size for years: 2020, 2021, 2022 and 2023. The report also forecasts the Japan Beauty Fridges Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Japan Beauty Fridges Industry Report
Statistics for the 2024 Japan Beauty Fridges market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Japan Beauty Fridges analysis includes a market forecast outlook to for 2024 to (2024to2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
