Global Waterless Cosmetics Market is Dominated by Asia-Pacific During the Forecast Period
Waterless
cosmetics market is driving due to the
availability of waterless cosmetics in the market and rising consumer awareness
regarding presence of harmful formulae in other beauty products.
According to the
TechSci Research report, “Waterless Cosmetics Market– Global Industry Size,
Share, Trends, Competition, Opportunity, and Forecast, 2018-2028F” The Global Waterless
Cosmetics Market is expected to grow during the forecast period due to heavy
advertisements of beauty products, especially in case of waterless cosmetics
that are less harmful to the skin and have better shelf life. Waterless cosmetics are
alternatives to conventional cosmetics as they are safer, more environmentally
friendly, and more effective on the skin. They are made with calming botanical
compounds that help with the application, hydration, texture, and dissolving of
water-soluble actives (such as vitamin C). Most waterless cosmetics come under
the categories of skincare, haircare, makeup, and other products. A category of
operations is carried out for the production and sale of waterless cosmetics
for skincare. Waterless skincare products come in the form of sticks, sheets,
bars, and powders.
The waterless beauty trend is
supported by the concept of boosting the efficiency of skincare and cosmetics
products. This is one of the main factors for the increasing availability of
waterless cosmetics. Further, it will propel the market for waterless
cosmetics, which will develop impressively throughout the forecast period.
Future market growth for
waterless cosmetics is projected as customer desire for chemical-free
cosmetics. If a product contains natural elements and is therefore secure,
healthy, or advantageous to the environment, it is said to be chemical-free.
The characteristics of clean products or chemical-free cosmetics include being
environment friendly, notable for their ingredients, and free of parabens,
phthalates, sulfates, and other chemicals.
One of the main drivers of
the market's expansion is the rise in consumer disposable income. Also, the popularity of "clean
beauty" has increased consumer demand for waterless cosmetics, aiding
in global waterless cosmetics growth during the forecast period. Two additional important causes are consumers'
rising interest in preserving a youthful appearance and enhancing their
lifestyles.
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The Global Waterless
Cosmetics Market is segmented based on nature, product, gender, distribution
channel, region, and competitive landscape.
Based on product, the market
is segmented into skincare, haircare, makeup, and others. Among these, the
skincare segment is the fastest-growing segment in the market during the
forecast period. The demand for anti-aging products is projected to rise as
people become more conscious of the need of preserving healthy, young skin and
looks. Waterless cosmetics are used for various functions, including relaxing,
firming, brightening, and hydrating the skin. They also support skin health and
appearance.
Based on distribution
channels, the market is segmented into supermarkets/hypermarkets, specialty
stores, convenience stores, departmental stores, online, and others (direct
sales). Among these, the online segment is the fastest-growing segment in the
market during the forecast period. Due to the increased internet usage,
customers are increasingly using e-commerce platforms to purchase consumer
goods and cosmetics, which has resulted in lucrative industry growth.
Based on region, the market
is segmented into North America, Asia-Pacific, Europe, Middle East &
Africa, and South America. Among these, Asia-Pacific holds a significant share
of the market during the forecast period due to a growth in the personal care
industry in this area and a rise in consumer disposable income.
Key market players operating in
the waterless cosmetics market include:
- L'Oréal S.A.
- The Procter & Gamble
Company
- Pinch of Colour®,
LLC
- Kao Corporation
- Unilever Plc
- LOLI Beauty PBC.
- Clensta
International Private Limited
- ALLIES Group Pte
Ltd.
- Oriflame Cosmetics
AG.
- Carter and Jane LLC
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“Growing interest in
maintaining a glowing skin and improving consumer lifestyles are some of
the key factors among others driving the market for waterless cosmetics.
Growing the trend of clean beauty has led to the demand for healthier and more
sustainable alternatives in the cosmetics industry, which increases the
demand for such products. Also, the market for waterless cosmetics will see
significant opportunities due to technical developments, modernization of
production methods, market growth through R&D and increase in demand from
emerging nations during the forecast period.” said, Mr. Karan Chechi, Research
Director with TechSci Research, a research-based global management consulting
firm.
“Waterless
Cosmetics Market– Global Industry Size, Share, Trends, Opportunity, and
Forecast, 2018-2028F Segmented By Nature (Organic, Synthetic), By Product
(Skincare, Haircare, Makeup, Others), By Gender (Men, Women, Unisex), By
Distribution Channel (Supermarkets/Hypermarkets, Specialty Stores, Convenience
Stores, Departmental Stores, Online, and Others (Direct Sales)), By Region, By
Company, has evaluated the future growth potential of waterless
cosmetics globally
and provides statistics and
information on market structure, size, share, and future growth. The report
provides cutting-edge market intelligence and helps decision-makers to make sound
investment decisions. Besides, the report also identifies the emerging trends
along with essential drivers, challenges, and opportunities present in the
market of waterless cosmetics globally.
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