The daily cleansing cream market share is estimated to clock a revenue of USD 3,132.3 million in 2024. Daily cleansing cream manufacturers and suppliers are likely to expect a healthy CAGR of 6.10% through 2034, with a forecast valuation of USD 5,654.6 million by 2034.
Demand for daily cleansing cream is increasing as people become more conscious of healthy skin's importance. Additionally, rising launches of a range of products based on the different needs of consumers are driving the market.
In recent years, skin issues have become more common, driven by higher levels of pollution. Skin problems like skin blackening, burns, and higher UV exposure can become serious disorders like skin cancer. Mounting problems like these are anticipated to spike up the demand for daily cleansing creams to maintain better hygiene and care.
| Attributes | Details |
|---|---|
| Daily Cleansing Cream Market Size, 2023 | USD 2,977.9 million |
| Expected Base Year Value (2024) | USD 3,132.3 million |
| Anticipated Value (2034) | USD 5,654.6 million |
| Value CAGR (2024 to 2034) | 6.10% |
Top Highlights and Trends from the Daily Cleansing Cream Market Report
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| Attributes | Details |
|---|---|
| Daily Cleansing Cream Market Value (2019) | USD 2,449.0 million |
| Daily Cleansing Cream Market Value (2023) | USD 2,977.9 million |
| Historical Growth Rate % (2019 to 2023) | 4.9% |
Sales of daily cleanser creams expanded at a CAGR of 4.9% from 2019 to 2023, owing to the growing awareness about natural skin damage and the adoption of improved lifestyles by people.
Demand for face washes is predicted to rise as customers seek solutions for skin issues like acne and hyperpigmentation. These issues stem from hectic lifestyles, changing dietary intake, increasing pollution levels, etc. The role of daily cleanser creams surpasses cleaning and clearing dirt, dust, and pollutants and includes hydrating and elevating skin health.
Leading companies are offering their products at discounts on eCommerce sites like Amazon to drive up their revenues. The influence of social media platforms such as YouTube, Instagram, etc. also plays a prominent role in enhancing the daily cleansing cream market. The affordability of products through various distribution channels is anticipated to drive the expansion of the global market.
Nowadays, many of the creams in the market are chemical and paraben-free, which attracts more customers with skin awareness to the product. Moreover, the growing popularity of herbal products due to their many benefits is also projected to favor market growth. Leading players are expected to find significant growth prospects in the natural and organic cleansing cream category.
| Country | The United States |
|---|---|
| Forecast CAGR % (2024 to 2034) | 4.8% |
The United States holds around 85.1% share in the North America market in 2023. The country is projected to register a 4.8% CAGR through 2034. Market dynamics in the United States are as follows:
| Country | Germany |
|---|---|
| Forecast CAGR % (2024 to 2034) | 3.8% |
Germany leads the Europe daily cleansing cream market with a share of 32.4% in 2023. Germany is well known for having high standards for beauty, which has caused the country's beauty industry to alter frequently. German cosmetics industry research and development sector is constantly concentrating on innovations that attract customers to their products.
Demand for customized cleansing cream products is forecast to rise as customer demand for particular skincare treatments and awareness of organic products increases. For instance, in 2021, 4,392 metric tons of skincare items were imported into Germany, according to the International Trade Centre (ITC) Trade Map. The value of imported skincare products was USD 109 million in 2021 compared to USD 97 million in 2020. Consequently, the country's market for daily cleansing cream is expanding.
| Country | The United Kingdom |
|---|---|
| Forecast CAGR % (2024 to 2034) | 4.1% |
The daily cleansing cream market in the United Kingdom is forecast to expand at a CAGR of 4.1% through 2034. Following factors are predicted to fuel sales of these products:
| Country | China |
|---|---|
| Forecast CAGR % (2024 to 2034) | 7.6% |
The China holds around 39.6% share in the East Asia market in 2023. The increase in the Chinese middle-class population is a major driver of the expansion of cleansing cream products. As earnings are climbing, their preferences are shifting toward higher-quality products, even if these are more expensive.
The daily cleansing cream sector in China is primarily driven by increased beauty consciousness, particularly among young people and the urbanized population.
| Country | India |
|---|---|
| Forecast CAGR % (2024 to 2034) | 6.9% |
The India daily cleansing cream market is predicted to register sales at a CAGR of 6.9% through 2034. The rising population base and increasing importance given to facial appearance are giving a boost to this market in the Indian economy. Other factors leading to market growth are as follows:
| Leading Product Type | No Foam Type |
|---|---|
| Market Share % (2023) | 38.8% |
No foam type segment is leading with 38.8% value share in 2023. The segment is expected to present growth at a CAGR of 6.7% through 2034. The value of this segment is rising on account of surging demand for herbal and chemical-free skin care products. Inclination toward the use of natural and herbal products is significantly growing. Hence, this segment is projected to generate huge revenue.
| Leading Technology Type | O/W |
|---|---|
| Market Share % (2023) | 44.1% |
O/W targeted for daily cleansing cream holds the dominant market share value of 44.1% in 2023. The segment is anticipated to expand at a CAGR of 6.0% through 2034. Due to the instant skin cooling, wetting, and moisturizing effects of its aqueous phase, the o/w emulsion structure is favored. These are accompanied by a heightened feeling of skin adsorption during massage as a result of external evaporation and absorption.
| Leading Gender | Female |
|---|---|
| Market Share % (2023) | 61.1% |
Female customers hold a revenue share of 61.1% in 2023. The segment is expected to display a CAGR of 6.7% over the forecast period. Many players in the daily cleansing cream market are targeting females with their innovative product offerings. With the launch of cost-effective and high-performing daily cleansing creams, females are expected to direct their purchases to skin care products.
| Leading Distribution Channel | Retail Pharmacies |
|---|---|
| Market Share % (2023) | 33.2% |
Retail pharmacies hold a prominent market value of 33.2% in 2023. Consumers buy cleansing creams from retail pharmacies, as they are typically close to residential areas. Another factor encouraging sales from retail pharmacies is the availability of different brands for the same product. Hence, retail pharmacies are gaining a significant position in the distribution channel category.
With several competitors providing daily cleansing creams, the overall market is highly fragmented. Players are actively seeking partnerships or acquisitions of the competing firms, in turn increasing their market presence and geographic reach.
Instances of key developmental strategies by the industry players in the daily cleansing cream market are given below:
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The daily cleansing cream market is expected to be worth USD 3,132.3 million in 2024.
The market is predicted to expand at a CAGR of 6.10% through 2034.
The market is anticipated to account for USD 5,654.6 million by 2034.
China is predicted to provide high growth opportunities.
No foam type is a sought-after daily cleansing cream.
| Market Value (2023) | USD 185.2 Million |
|---|---|
| Market Value (2033) | USD 488.2 Million |
| CAGR (2023 to 2033) | 10.2% |
| Expected Market Value in 2023 | USD 8.5 Billion |
|---|---|
| Projected Market Value in 2033 | USD 13.2 Billion |
| Growth Rate (2023 to 2033) | CAGR of 4.5% |
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Daily Cleansing Cream Market
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