PRESS RELEASE
Published January 27, 2023
The market for cosmetic wipes is expected to increase at a CAGR of 5% to reach US$ 950 million by 2032 from its estimated value of $565.73 million in 2021. From 2022 to 2032, the washing and makeup removal wipes market is anticipated to expand rapidly at a CAGR of 4%.
It is projected that the leading regions will have a sizable share of the revenue contribution. especially in Europe and North America, where sales of cosmetics are increasing.
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How Prevailing Pollution in Europe Causes Skin Dryness, Fuels Demand for Cosmetic Wipes?
With a market share of more than 40%, Europe dominates the world market for cosmetic wipes. The need for facial cosmetic wipes is rising as people’s concerns about appearance, both among men and women, and as air pollution levels continue to rise. This is because the skin needs to be cleansed frequently. Around 90% of city dwellers in Europe, according to the European Environmental Agency, are exposed to pollutants at concentrations higher than the air quality standards considered detrimental to health.
The global market for cosmetic wipes is expected to grow as a result of rising demand for cosmetic wet wipes in the U.K., rising sales of moisturising wipes in France, expanding opportunities for exfoliating wipe producers in Germany, and rising demand for cleansing & makeup removal wipes in South Korea.
Key Companies Profiled
- Procter & Gamble
- Johnson & Johnson
- Kimberly Clark
- Nice-Pak Products
- Rockline Industries
- Albaad Massuot
- Beiersdorf
- Lenzing
- Diamond Wipes International
- Essity
- Procotech Limited
- Unilever
- Nox Bellcow Cosmetics
- Kao
- Pigeon
In order to help market participants, make strategic decisions and strategically target both the domestic and international markets, the Cosmetic Wipes market research examines the important issues relevant to the sectors, assesses the developing trends, gives essential insights.
A macroeconomic and corporate forecast of the Cosmetic Wipes market is provided by the report. In this research, industry leaders offer recommendations that will get the market’s players ready for a better tomorrow.
Key Highlights
- The study analyses the state of the latest worldwide Cosmetic Wipes market.
- The paper investigates the pandemic scenarios that are most likely to have a long-term impact on the sector.
- The paper examines in great detail how the world market for Cosmetic Wipes is changing.
- The research examines how the worldwide Cosmetic Wipes market is changing, the target markets with the greatest prospects, and emerging trends that could directly or indirectly affect your organisation.
- The report identifies prospects as well as the main obstacles you may face in the near future.
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A thorough analysis of the entire market is made possible by the inclusion of granular segmentation by end-use, category, function, and geographic region in the global Cosmetic Wipes market report. Similarly, the existing and anticipated expansion of the Cosmetic Wipes business affects the market share of publications.
The research also includes profiles of the Cosmetic Wipes industry’s goods, sales, returns, competitive landscape, market structure, industry drivers, and key business challenges. The study calculates the market’s current growth rate, projected future growth, and the key drivers that will affect that growth in 2022. The research also anticipates sales for the years 2022 to 2032 and calculates the number of product sold from 2015 to 2020.
Cosmetic Wipes Market: Segmentation
- By Product :
- Cosmetic Wet Wipes
- Cosmetic Dry Wipes
- By Material Use :
- Absorbent Cotton Cosmetic Wipes
- Non-woven Fabric Cosmetic Wipes
- By Application :
- Cleansing & Makeup Removal Cosmetic Wipes
- Moisturizing Cosmetic Wipes
- Exfoliating Cosmetic Wipes
- By Distribution Channel :
- Modern Trade
- Specialty Stores
- Medical Stores & Pharmacies
- Online Retail
- By Region :
- North America
- Europe
- East Asia
- South Asia
- Oceania
- Middle East & Africa
- Latin America
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The key business strategies discussed in this market research revolve around-
- How key players in the Cosmetic Wipes market are maintaining their competitive advantage in the wake of globalization?
- What changing dynamics in the Cosmetic Wipes industry specify about the future opportunities for manufacturers?
- How Covid-19 pandemic affected sales in the Cosmetic Wipes market and what strategies are expected to recover from its impact?
- What business tactics are gaining attention and influencing Cosmetic Wipes market rivalry?
- What is the current Cosmetic Wipes market share?
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https://www.newswire.co.kr/newsRead.php?no=928930
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