A Look into Face Wash And Cleanser Industry……Deep Analysis…..



The global face wash and cleanser market size is expected to reach USD 33.3 billion by 2025 registering a CAGR of 6.0%, according to a new report by Grand View Research, Inc. Increasing pollution levels and need for effective face cleaning products are expected to augment the growth of this market over the forecast period. In addition, rising cases of skin problems, such as acne, rash, and irritation, are driving the demand for organic and chemical-free products, which, in turn, will boost the growth further.
Rising awareness about the availability of innovative products is also expected to drive the demand in the years to come. On the basis of product type, the market is segmented into face wash and cleansers. The foam-based face wash segment is expected to witness the highest CAGR from 2019 to 2025. Supermarket & hypermarket was the largest distribution channel segment and is expected to maintain its leading position over the next few years.
Increasing number of supermarkets & hypermarkets on account of rapid expansion of organized retail sectors in developing countries is expected to boost the segment growth. Some of the key companies in the global market are Unilever, The Procter & Gamble Company, L’Oreal S.A., The Himalaya Drug Company, Godrej Consumer Products Ltd., Shiseido Co., Ltd., Zydus Wellness, Estee Lauder Company Ltd., Johnson and Johnson Ltd., and The Proactiv Company LLC.
The global face wash and cleanser market size was estimated at USD 22.19 billion in 2018 and is anticipated to expand at a CAGR of 6.0% from 2019 to 2025. The market growth is primarily driven by the increasing awareness about skin health. In addition, demand for allergy-safe and specialized products due to increasing cases of skin problems, such as acne, rash, and irritation, is projected to augment the market growth.
To Request Sample Copy of this report, click the link:
Further key findings from the study suggest:
·         Gel-based face wash and cleanser is expected to have the highest CAGR of 6.1% and 6.3% respectively over the next few years
·         Cream-based face wash was the largest product segment in 2018 and accounted for more than 35% of the overall market share
·         Supermarket & hypermarket distribution channel accounted for the largest revenue share of 36.10% in 2018
·         Key manufacturers are focusing on product development, capacity expansion, and technological innovation for a greater face wash and cleanser market share
Increased pollution levels and exposure to UV rays causes skin problems like skin blackening and burn, which, if not taken care of, may result in severe illnesses like skin cancer. Thus, rising awareness about such issues and concerns will boost the product demand. In addition, companies in the market are investing in celebrity endorsements and advertisements to influence consumers.
This is also likely to have a positive impact on the growth of this market. Moreover, influence of social media platforms, such as Instagram and YouTube, also play a major role in market growth. Thus, rising awareness about the availability of innovative products is also expected to drive the product demand in the years to come.
Supermarket & hypermarket distribution channel accounted for the largest revenue share of 36.10% in 2018. Asia Pacific led the market in the past and is projected to expand further retaining its leading position throughout the forecast period. On the hand, Middle East & Africa is projected to witness the fastest CAGR from 2019 to 2025.
Browse Press Release of this report:                                
Grand View Research has segmented the global face wash and cleanser market on the basis of product type, distribution channel:
Face Wash and Cleanser Product Type Outlook (Revenue, USD Billion, 2015 - 2025)
·         Facewash
o    Gel-based
o    Cream-based
o    Foam-based
·         Cleanser
o    Gel-based
o    Cream-based
o    Oil-based
Face Wash and Cleanser Distribution Channel Outlook (Revenue, USD Billion, 2015 - 2025)
·         Online
·         Drugstore
·         Supermarket & Hypermarket
·         Specialty Stores
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.



Comments

Popular posts from this blog

Foot Orthotic Insoles Market 2026: What Will Be Changes In Investment Ratio With Opportunity Analysis?? |Grand View Research, Inc.

A Look into Smokehouse Industry……Deep Analysis…..

A Look into Shapewear Industry……Deep Analysis…..