Global Electric Face Cleanser’s demand is projected to be valued at USD 1.68 Billion in 2022, forecast to grow at a CAGR of 9.3% to be valued at USD 4.1 Billion from 2022 to 2032. Growth is attributed to the rising demand for renovation projects and development in residential and commercial construction.
Report Attribute | Details |
---|---|
Estimated Base Year Value (2021) | USD 1.55 Billion |
Expected Market Value (2022) | USD 1.68 Billion |
Anticipated Forecast Value (2032) | USD 4.1 Billion |
Projected Growth Rate (2022 to 2032) | 9.3 % CAGR |
Electric face cleansers are personal care devices suitable for all skin types and provide a gentle cleanse. Electric face cleansers boost the facial cleansing process, improve blood circulation, and help in eliminating dirt, makeup, and oils with help of oscillation technology.
According to skin experts, facial cleansing brushes, sponges and tools are a great source for removing every last scrap of make-up, pore-clogging sunscreen, and everyday grime and are especially useful for city dwellers owing to ever-increasing pollution.
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Owing to increasing levels of pollution in several countries and its detrimental effects on human skin, consumers are opting for various skincare products, such as electric face cleansers, to protect against pro-oxidative chemicals and air pollutants.
Rapid innovations in the cosmetic industry and growing consumer demand for portable devices with high battery backup are some important factors that will boost the demand for Electric Face Cleansers during the forecast period.
Also, the growing concept of brand loyalty among consumers and increasing market penetration of prominent players dealing with the manufacturing of electric face cleansers in developing countries are other significant factors that will positively influence the growth of the electric face cleansers market in near future. Additionally, increasing demand for high-quality electric face cleansers and speedily growing online stores are some other factors that will add to the growth of the electric face cleansers market during the forecast period.
The availability of alternatives to electric face cleansers in the market and the high price of electric face cleansers compared to conventional products are important factors that will impede the growth of the market. It is also difficult to clean the brushes and filters of electric face cleansers. That apart, limited government regulations in developing countries that cover electronic personal care devices lead to an increase in the trade of false/imitation products in the market, which may also hamper the growth of the electric face cleansers market during the forecast period.
The Asia Pacific is the fastest-growing region in the cosmetics market. Over the last five years, outdoor air pollution has increased by 8% worldwide. Various cities in the Asia-Pacific and the Middle East regions are dealing with the menace of air pollution and consumers are becoming more aware of the detrimental effects of air pollution.
This is the primary factor that will accelerate the growth of the electric face cleansers market during the forecast period. Additionally, an upsurge in disposable income owing to rapid urbanization, key players penetrating the market, and growth of the electric appliances market are likely to rev up the sales of electric face cleansers in the region. Countries like China and India are the major consumers of cosmetic products all over the world. This is estimated to strengthen the demand for electric cleansers throughout the forecast period.
The Europe electric face cleansers market is projected to grow ascetically in the foreseeable future. Increasing spending rate on cosmetic products by individuals is assessed to propel electric face cleanser market growth in Europe. Besides, the launch of new cosmetic products by renowned players in the province is likely to back Europe’s market growth.
North America dominates the electric face cleansers market, backed by the presence of prominent players as well as soaring awareness about beauty devices among people. Additionally, there has been an upsurge in skin allergy occurrences among the population owing to longstanding exposure to sun and UV radiations. This, in turn, is likely to encourage the skincare market growth in the next few years, thus, which will boost the demand for electric face cleansers in the countries like USA & Canada.
Some of the key participants present in the global demand for Electric Face Cleansers market include Pacific Bioscience Laboratories Inc., The Procter & Gamble Company, Panasonic Corporation, The Proactiv Company LLC, DDF Skincare Company, Shenzhen Shidai Zhongchuang Investment Co., Ltd. limited company, Clinique Laboratories, LLC, Michael Todd, LP, Etereauty Innovations Limited, LAVO Skin Company, Koninklijke Philips N.V., LumaRx Company and kingdom Cares Co., Limited, among others.
Report Attribute | Details |
---|---|
Growth Rate | CAGR of 9.3% from 2022 to 2032 |
Base Year for Estimation | 2021 |
Historical Data | 2016 to 2021 |
Forecast Period | 2022 to 2032 |
Quantitative Units | Revenue in USD Billion, Volume in Kilotons, and CAGR from 2022 to 2032 |
Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends, and Pricing Analysis |
Segments Covered | Sales Channel, Region |
Regions Covered | North America; Latin America; Western Europe; Eastern Europe; Asia Pacific Excluding Japan; Japan; Middle East and Africa |
Key Countries Profiled | USA, Canada, Brazil, Mexico, Peru, Chile, Germany, United Kingdom, France, Spain, Italy, Nordics, BENELUX, Poland, Russia, Australia & New Zealand, China, India, ASIAN, GCC Countries, South Africa |
Key Companies Profiled | Pacific Bioscience Laboratories Inc.; The Procter & Gamble Company; Panasonic Corporation; The Proactiv Company LLC; DDF Skincare Company; Shenzhen Shidai Zhongchuang Investment Co., Ltd.; Clinique Laboratories, LLC; Michael Todd; LP; Etereauty Innovations Limited; LAVO Skin Company; Koninklijke Philips N.V.; LumaRx Company; Kingdom Cares Co., Limited. |
Customization | Available Upon Request |
FMI projects the global demand of the Electric Face Cleansers market to expand at a 9.3% value CAGR by 2032
North America is expected to be the most opportunistic Electric Face Cleansers market
Pacific Bioscience Laboratories Inc., The Procter & Gamble Company, Panasonic Corporation, The Proactiv Company LLC, DDF Skincare Company, Shenzhen Shidai Zhongchuang Investment Co., Ltd. limited company, Clinique Laboratories, LLC, Michael Todd, LP, Etereauty Innovations Limited, LAVO Skin Company, Koninklijke Philips N.V., LumaRx Company, and kingdom Cares Co., Limited. among others.
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