Facial Wipes Industry, Segmentation, Analysis By Recent Trends, Development and Growth To 2027
The Global Facial Wipes Industry is projected to be
valued at USD 3.16 Billion by 2025, registering a CAGR of 4.7% between 2019 and
2025. The rising demand for convenience skincare products is driving the growth
of the global Facial
Wipes Industry. Increasing concerns related to skin problems and
beauty have also propelled the growth of the market. Facial wipes are also used
to remove make-up and, thus, the rising demand for cosmetics is indirectly
driving market growth. However, concerns related to the harmful chemicals and
ingredients used in facial wipes may hinder the growth of the market.
Nevertheless, the demand for facial wipes made using natural and organic
ingredients has been identified as a growth opportunity for Facial Wipes
Industry manufacturers.
Key
Players
P&G (Puffs and Olay) (US)
Johnson & Johnson (Clean & Clear) (US)
Kimberly-Clark (Kleenex)(US)
L'Oréal S.A. (Garnier)(France)
Future Consumer Ltd. (KARA)(India)
The Body Shop International Limited (UK)
Unilever Plc (Ponds and Simple) (UK)
Diamond Wipes International, Inc. (US)
Nice-Pak Products, Inc. (Nice ′N Clean) (US)
Beiersdorf AG (Nivea)(Germany)
Albaad Massuot Yitzhak Ltd. (Israel)
Kao Corporation (Bioré) (Japan)
Avon Products, Inc. (UK)
Amway (Artistry) (US)
Yes To, Inc. (US)
Market Segmentation:
Dominance of wet facial wipes in the market: The wet facial wipes segment
dominated the global Facial Wipes Industry in 2018 and is expected to remain dominant
during the forecast period. Wet Facial Wipes Industry are especially designed
to serve multiple purposes in a single-use. For instance, wet wipes can be used
to clean the face and remove make-up while moisturizing the skin. In addition,
manufacturers are engaged in launching innovative products such as pH-balanced
and alcohol-free wet wipes ideal for multi-use. Such innovations are driving
the growth of the segment.
Increasing demand for organic Facial Wipes Industry: Concerns regarding
the environment and the harmful chemicals used in facial wipes have led to a
rise in the demand for organic and naturally made facial wipes. Vendors are,
therefore, focused on enhancing their product portfolios by using biodegradable
or plant-based fibers with less or no artificial chemicals.
Performance facial wipes to be the fastest-growing segment: Performance
facial wipes are used by consumers for specific purposes such as to treat acne,
remove tan, UV protection, reduce the effects of aging, and other skin
concerns. Due to busy lifestyles, consumers are opting for convenience,
pocket-friendly, and cost-effective products, driving the demand for
performance facial wipes in recent years. Moreover, due to growing concerns
related to the harmful chemicals used in Facial Wipes Industry, there has been
a surge in the demand for natural or organic wipes.
Hypermarkets and supermarkets to remain a popular choice to purchase Facial
Wipes Industry: Hypermarkets and supermarkets are the most preferred choice of
consumers looking to buy facial wipes due to the wide availability of brands
and product variety at low or discounted prices. Consumers are increasingly
shopping at hypermarkets and supermarkets due to their widespread network and
convenience. However, e-commerce portals are gaining popularity among consumers
due to the ease of home shopping and availability of choices along with
attractive offers.
Access Report @ https://www.marketresearchfuture.com/reports/facial-wipes-market-8410
Regional Analysis
Geographically, the global market has been
categorized as North America, Europe, Asia-Pacific, South America, and Middle
East & Africa. As per MRFR analysis, Middle East & Africadominated the
market, accounting for the largest share in 2019. TheNorth American tahini
market isprojected to register the highestCAGR of 6.58%during the forecast
period.
NOTE: Our Team of Researchers
are Studying Covid19 and its Impact on Various Industry Verticals and wherever
required we will be considering Covid19 Footprints for Better Analysis of
Market and Industries. Cordially get in Touch for More Details.
Comments
Post a Comment