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Opportunities For The Global Facial Cleanser Market To Reach $9.2 Billion By 2023
According to a new market report published by Lucintel, the future of the facial cleanser market looks promising with opportunities in the personal care market. The global facial cleanser market is expected to reach an estimated $9.2 billion by 2023 with a CAGR of 4.7% from 2018 to 2023. The major growth drivers for this market are increase in number of working women, increasing disposable income, and changing climatic conditions.
In this market, personal use and commercial use are the end use segments in various industries. Lucintel forecasts that personal use will remain the largest end use segment due to increasing awareness of customers on skincare. The commercial use segment is expected to witness the highest growth over the forecast period due to increasing number of professional salons, parlors and increasing awareness for facial care.
Within the facial cleanser market, foam type facial cleanser will remain the largest segment and it is expected to witness the highest growth over the forecast period due to its better cleansing and moisturizing properties.
Asia Pacific is expected to remain the largest ...
... region and witness the highest growth over the forecast period due to increasing population, increase in number of working women, increasing disposable income, and changing climatic conditions.
Emerging trends, which have a direct impact on the dynamics of the industry, include use of hyaluronic acid and retinols for anti-aging properties, micellar waters for water management, cannabis skincare as antioxidants, and probiotic skincare for delivering good bacteria to the skin. L’Oreal, Johnson & Johnson, Procter & Gamble, Unilever, Shiseido, Kao Corporation, Clarins group, Amore Pacific, Beiersdorf, and estee Lauder companies are among the major suppliers of facial cleansers.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global facial cleanser market by end use, product type, product form, skin characteristics, gender, and region. Lucintel has prepared a comprehensive research report entitled “Growth Opportunities in the Global Facial Cleanser Market 2018-2023: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a catalyst for growth strategy as it provides a comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the global facial cleanser market by end use, product type, product form, skin characteristics, gender, and region as follows:
By End Use [Value ($B) shipment analysis for 2012 – 2023]:
• Personal Use
• Commercial Use
By Product Type [Value ($B) shipment analysis for 2012 – 2023]:
• Foam Type
• No Foam type
• Solvent Based
• Collagen Type
By Product Form [Value ($B) shipment analysis for 2017]:
By Skin Characteristics [Value ($B) shipment analysis for 2012 – 2023]:
• Oily skin
• Dry Skin
• Mixed Skin/All Skin Type
• Sensitive Skin
By Gender [Value ($B) shipment analysis for 2012 – 2023]:
By Region [Value ($B) shipment analysis for 2012 – 2023]:
• North America
− The United Kingdom
• Asia Pacific
− South Korea
• The Rest of the World
This 205-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or firstname.lastname@example.org. Lucintel offerings include Consumer Goods Report, Consumer Market Report, Opportunity Screening and Analysis, Capital Investment Feasibility and SWOT Analysis.
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
This report answers following 11 key questions:
Q.1 What are some of the most promising potential, high growth opportunities for the global facial cleanser market by end use (personal use and commercial use), product type (foam type, no foam type, solvent based, and collagen type), product form (cream, oil, liquid, and others), skin characteristics (oily skin, dry skin, mixed skin, and sensitive skin), gender (female and male) and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q. 2 Which segments will grow at a faster pace and why?
Q.3 Which regions will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the market?
Q.5 What are the business risks and threats to the market?
Q.6 What are the emerging trends in this market and the reasons behind them?
Q.7 What are the changing demands of customers in the market?
Q.8 What are the new developments in the market? Which companies are leading these developments?
Q.9 Who are the major players in this market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in this area and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11 What M & A activities have taken place in the last 5 years in this market?
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