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There are millions of products made in the world through natural fruits, nuts, and herbs for skin care. Shea butter is also an extract that has been extracted from a special kind of African nut, with so many benefits, including skin moisturizing and providing hydration to it. Shea butter is rich in vitamins and fatty acids that are beneficial to retaining skin's health and keeping it from dryness and brittleness. People around the world willingly invest a big part of their income in skin care. Over 322.88 US dollar every year is spent on skincare, which is approximately $15,000 in someone's lifetime in America, according to the US Census and Simmons National Consumer Survey. Leading economies, such as the USA, Europe, China, and Korea, are some of the countries with high demand for Shea butter.
Proper market segmentation is highly necessary for any business. It is an essential part to understand the market dynamics through various parameters such as buying behavior, needs, and purchasing patterns.
The global shea butter market can be divided into some categories. Detailed discussion about each category can help in deciding strategies to fulfill their needs accordingly. These categories are:
The residential market of Shea butter includes common people who invest in skin care products to keep their skin healthy. To capture that market, you can approach makeup brands and retail stores to sell your products in attractive packaging. This market is extremely huge and could provide a lot of profit if approached correctly through proper marketing and promotional strategies to attract consumers who believe in applying natural ingredients such as Shea butter on their skin rather than chemically infused cream and products.
Commercial markets are the brand owners who are using the Raw and refined shea butter into the products. These types of buyers usually invest a lot of money on purchasing the bulk quantity from you. To grab the attention of this market, you can connect with brand managers, purchase managers and ask them to use your product in their products which can be shampoos, creams, lotions, soaps etc.
The industrial market is huge and requires bulk quantities of Shea butter for their manufacturing procedures. The market includes the cosmetics industry, pharmaceutical industry, food industry, and others. To target this market, you need to have proper certifications as a seller. You can either target this segment of shea butter buyers by attending several business seminars and trade shows or utilize the below-mentioned b2b websites for digital business.
Following is the list of top b2b websites if you want to extend your wholesale shea butter business online and connect with Shea butter buyers worldwide:
You can connect with genuine buyers for your shea butter business on Alibaba.com. The website was created in a small apartment in China in 1999 and is now considered the leader of the wholesale trade industry online. You can create your own seller's account on this website and start increasing your buyer's count without any difficulty.
The website is highly accessible to all parts of the world, which will give you access to meet regional and international buyers daily. You can offer various deals and discounts to compete with other sellers and could also give bulk shea butter buyers quick responses to create credibility and trust.
You can meet genuine buyers for shea butter on this website. Tradewheel.com can become your source of expanding market reach even if you are a small-scale company. The website provides accessible sourcing opportunities to suppliers and wholesale shea butter distributors by providing genuine buyers' leads every day. You can sign in and create a supplier account without any cost or fee and start setting up your virtual shop without any intermediary involved.
Not only this, you can also get a chance to join the buyer to understand their business needs better. The website also offers 24/7 assistance to assist you every time you need it.
BeauteTrade.com can help you in finding Shea butter buyers in the USA, China and other countries without wasting your time and efforts. The platform guarantees you about successful business chances as here you can only find cosmetic buyers. The website is dedicated to one niche of products that is skin care and cosmetics.
Millions of sellers have decided to register their business on this platform to increase the buyer count, and you can, too. All you need to do is create an account, list your shea butter product range, and wait for multiple inquiries daily. A perfect platform where you can also sell private-label shea butter to buyers in bulk quantities.
Looking for a buyer of shea butter in Europe? EuroPages can be your answer. The European region, including the UK, Germany, Italy, Spain, and other countries, is dominating in creating several beauty and skincare products, which have made them a significant market for the Shea butter business. Here, you can meet multiple genuine buyers who would want to do business with you and are looking for a seller who has high-quality shea butter at affordable prices. Shea butter has several benefits, and Europages can help in the detection of global buyers who want to take advantage of these benefits for business.
Global sources can help you in finding Shea butter buyers in China. This is not only limited to China but also all the Asian countries as well as the European and US regions. The website is highly renowned for its innovative tools that can help set up an online shop. Global Sources allows you to sign up as a seller and will enable you to explore the buyer's directory to know details about buyers' requirements so that you can approach them to provide them with the best offers on bulk purchases along with the best services that they could not refuse.
Another b2b marketplace for finding Shea butter buyers in the USA is none other than ThomasNet. It has been on the list of the top preferred websites for suppliers who are willing to enter the US market through business expansion. You can connect with Shea butter buyers by providing them with the best services and the correct value for their money. ThomasNet also provides a payment protection program to their registered buyers where you ask them to pay securely with many options after finalizing the deal.
DHgate is on its way to making wholesale trading convenient for all businesses around the world. With the easiest user interface, you can find ease in trading with the world's genuine Shea butter buyers. It is one of the most uncomplicated websites where you can simultaneously get in touch with Shea butter buyers without much difficulty. Easily accessible in every country in the world, you can connect with trusted buyers of wholesale Shea butter who are interested in purchasing raw and refined Shea butter in bulk quantities, depending on their business requirements.
EC21 is a Korean-originated wholesale website where you can find Shea butter buyers and wholesalers from China, Germany, and other countries. EC21 has been connecting wholesalers for buying and selling purposes since 1997. It is one of the biggest online platforms with a network of 5 million businesses. You can become a listed supplier and show your expertise in providing exclusive services and value to your business. You can become a part of this renowned platform to sell bulk Shea butter to interested buyers without any difficulties. With
Global Trade Plaza is built with an innovative user module that will allow you to easily connect with Shea butter buyers worldwide. This B2B platform is known as a pioneer of wholesale buying in India. They are not just providing efficient means for businesses to sell wholesale products. But, they are on the way to improving the quality of digital supply chain management to assist in smooth business operations for their customers. It is an active platform with numerous reliable buyers and sellers who are highly interactive and cooperative.
To capture the largest market of Shea butter, Faire is a platform from the UK that can help you get business exposure for your Shea butter business in the region. You can get the latest information related to Shea butter demand to set the prices. It is an online platform that was developed to provide small- to medium-sized businesses with the opportunity to do business freely. The website offers an extensive logistics network, efficient supply chain, and product abundance that allow buyers to operate innovatively and cost-effectively to buy your raw or refined Shea butter.
If we look closely to analyze the shea butter market with respect to different regions in the world, North America and Europe are one the biggest Shea butter markets. According to the market stats, the global market size of the Shea butter market is valued at 1.47 Billion US dollars in 2023. By 2030, it is expected to reach 3.48 Billion US dollars with a significant CAGR of 13.1%.
Europe imports about 250,000-300,000 tons of shea butter from African countries every year because European businesses have strong purchasing power, so many shea butter distributors focus on reaching out to purchase managers in the African area.
In this blog, we have summarized the demand, market segmentation and tips to grab the wholesale shea butter market globally. Shea butter is one of the most essential products that is used in most of the skin care products nowadays, making its high demand skyrocketing. It is a great opportunity to utilize the best from b2b websites and grab the market through high quality, effective pricing, strategic promotions and overcoming the challenges.
