Makeup Remover Market accounted for US$ 1.98 billion in 2020 and is estimated to be US$ 3.30 billion by 2030 and is anticipated to register a CAGR of 5.30%. The widespread use of cosmetics on the face needs the use of makeup removers in order to keep the skin in good shape. As a result, the face segment dominates the worldwide makeup remover products market in terms of value. However, in recent years, there has been an increase in the usage of makeup removers in the lips and eyes segments, and these segments are predicted to develop at a faster rate than the face segment. Face makeup removers, on the other hand, are quite popular, and this market is predicted to have higher sales than its counterparts (eye and lip makeup removers), owing to the widespread use of cosmetics in facial care.
The report " Global Makeup Remover Market, By Product (Clothes and Towlettes, Liquids, Pads, and Other Types), By Application (Face, Lips, and Eyes), By Distribution Channel (Retail Stores, Department Store, Super Market, Hypermarket, Specialty Store, and E-Commerce), and By Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa) - Trends, Analysis and Forecast till 2029’’
Key Highlights:
- Glossier, a beauty firm based in the United States, announced a new milky oil makeup remover in February 2019 as the best method for removing waterproof makeup.
Analyst View:
The rise in the number of working women has resulted in an increase in the use of cosmetic items for the face, lips, and eyes to improve their appearance. This is predicted to boost makeup remover product use, resulting in market growth.The cosmetic industry has undergone considerable changes in recent years as a result of the advent of colour cosmetics. This has resulted in an upsurge in cosmetics consumption among all age groups. The need for makeup removers has risen as a result of the rising consumption of cosmetics and makeup. Over the projected period, this expansion in the cosmetic and makeup market is expected to propel market growth for makeup removers.
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Key Market Insights from the report:
Global Makeup Remover Market accounted for US$ 1.98 billion in 2020 and is estimated to be US$ 3.30 billion by 2030 and is anticipated to register a CAGR of 5.30%. The global makeup remover market report segments the market on the basis of product, application, distribution channel, and region.
- Based on Product, Global Makeup Remover Market is segmented into Clothes and Towlettes, Liquids, Pads, and Other Types.
- Based on Application, Global Makeup Remover Market is segmented into Face, Lips, and Eyes.
- Based on Distribution Channel, Global Makeup Remover Market is segmented into Retail Stores, Department Store, Super Market, Hypermarket, Specialty Store, and E-Commerce.
- By Region, the Global Makeup Remover Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
Competitive Landscape & their strategies of Global Makeup Remover Market:
Key players in the global makeup remover market include The Estée Lauder Companies Inc, Urban Decay Cosmetics, LLC, Jarchem Industries Inc, Bobbi Brown Professional Cosmetics, Inc., Neutrogena Corporation, Avon Products Inc, LVMH Moët Hennessy Louis Vuitton S.E., Kimberly-Clark Corporation, Beiersdorf AG, and Revlon Group Limited.
The market provides detailed information regarding the industrial base, productivity, strengths, manufacturers, and recent trends which will help companies enlarge the businesses and promote financial growth. Furthermore, the report exhibits dynamic factors including segments, sub-segments, regional marketplaces, competition, dominant key players, and market forecasts. In addition, the market includes recent collaborations, mergers, acquisitions, and partnerships along with regulatory frameworks across different regions impacting the market trajectory. Recent technological advances and innovations influencing the global market are included in the report.
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