The daily cleansing cream global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Daily Cleansing Cream Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The daily cleansing cream market size has grown strongly in recent years. It will grow from $3.12 billion in 2023 to $3.37 billion in 2024 at a compound annual growth rate (CAGR) of 8.1%. The growth in the historic period can be attributed to growing awareness of skin health and beauty, increasing demand for gentle and effective cleansing products, shift towards natural and organic skincare products, rising prevalence of skin concerns such as acne and hyperpigmentation, adoption of improved lifestyles, and increased focus on personal grooming.
The daily cleansing cream market size is expected to see strong growth in the next few years. It will grow to $4.38 billion in 2028 at a compound annual growth rate (CAGR) of 6.7%. The growth in the forecast period can be attributed to continued growth in skincare awareness and beauty trends, increasing demand for mild and nourishing skincare options, expansion of the market in highly-populated countries, increased investment in research and development of new cleansing creams, and growing popularity of social media campaigns and influencer partnerships. Major trends in the forecast period include foam type cleansers, herbal and natural products, affordability and distribution channels, demand for milky cleansing creams.
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Scope Of Daily Cleansing Cream Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Daily Cleansing Cream Market Overview
Market Drivers –
The rising influence of beauty influencers is expected to propel the growth of the daily cleansing cream market going forward. Beauty influencers are individuals who leverage social media platforms to share their knowledge, expertise, and experiences related to beauty and skincare products. Beauty influencers, through their provision of authentic and honest reviews of daily cleansing creams, establish transparency that builds trust with their audience and has the potential to influence the followers to consider and ultimately purchase the recommended products. For instance, in January 2021, according to a survey conducted by Upfluence, a US-based influencer marketing platform, there were 1,288 active beauty influencers on Instagram, 1,090 on YouTube, and 167 on TikTok from May to August 2022. Further, in the US, beauty influencers averaged 539,038 followers on Instagram, 593,412 on YouTube, and 1,556,910 on TikTok. Therefore, the growing influence of beauty influencers is driving the growth of the daily cleansing cream market.
Market Trends –
Major companies operating in the daily cleansing cream market are developing innovative products, such as facial cleansers, to better serve customers with advanced features. A facial cleanser is a skincare product designed to remove dirt, oil, makeup, and other impurities from the skin on the face. For instance, in May 2021, Wish Company, a US-based e-commerce company, launched the Klairs Gentle Black Cleanser. The unique feature of the Klairs Gentle Black Cleanser, part of the Klairs Gentle Black Skincare Line, lies in its incorporation of four types of Black Complex ingredients—truffle, blackberry, black bean, and black cumin seed extract. The ingredients collectively deliver a gentle yet potent cleansing power, effectively removing oil, dirt, and makeup from pores without causing irritation. Its creamy, dense texture ensures a gentle morning cleanse while efficiently eliminating impurities at night. Moreover, with over 80% moisturizing ingredients, including hyaluronic acid, the new cleanser is designed to minimize moisture loss, leaving the skin refreshed and hydrated after each use.
The daily cleansing cream market covered in this report is segmented –
1) By Product: Foam Type, No Foam Type, Solvent Based, Collagen Type
2) By Technology: Water-In-Oil (W/O), Oil-in-Water (O/W), Other Technologies
3) By Gender: Male, Female
4) By Distribution channel: Retail Pharmacies, Supermarket And Hypermarket, Online Sales, Drug Stores, Hospital Pharmacies
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Regional Insights –
Europe was the largest region in the daily cleansing cream market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the daily cleansing cream market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Key Companies –
LVMH Moët Hennessy Louis Vuitton S.E., Procter & Gamble Company, Unilever Plc, Betco Corporation, L’Oréal S.A, Henkel AG And Co. KGaA, Shiseido Co. Ltd., Coty Inc., Galderma S.A, Avon Products Inc., Nu Skin Enterprises Inc, Revlon Inc., Aveda Corporation, Dabur Limited, Marico Limited, Emami Group, PLZ Corp, Cavin Care Group, Sonneborn LLC, Caudalie, Tata Harper Skincare, Intermountain Blending & Filling LLC, Ariel Labs, Tri Pac Inc., A.G Industries, Abbe Laboratories Inc., Botanic Beauty, BioVeda Action Research Company, Himalaya Wellness Company, Tropical Products Inc.
Table of Contents
1. Executive Summary
2. Daily Cleansing Cream Market Report Structure
3. Daily Cleansing Cream Market Trends And Strategies
4. Daily Cleansing Cream Market – Macro Economic Scenario
5. Daily Cleansing Cream Market Size And Growth
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27. Daily Cleansing Cream Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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