Waterless Cosmetics Global Market 2024 – Key Drivers, Growth Factors, Technological Development And Forecast To 2033

Overview and Scope
Waterless cosmetics refer to beauty products that are free from water using soothing botanical ingredients that help with the application, hydration, texture, and dissolving of water-soluble actives (like vitamin C) so they work better on the skin and are used for healthier, more sustainable alternatives in cosmetics.

Sizing and Forecast
The waterless cosmetics market size has grown rapidly in recent years. It will grow from $9.45 billion in 2023 to $10.68 billion in 2024 at a compound annual growth rate (CAGR) of 13.1%.  The  growth in the historic period can be attributed to increasing awareness of water scarcity, demand for eco-friendly and sustainable beauty products, consumer preference for convenience in cosmetics, rise in environmentally conscious consumer behavior, growing demand for new beauty trends.

The waterless cosmetics market size is expected to see rapid growth in the next few years. It will grow to $17.11 billion in 2028 at a compound annual growth rate (CAGR) of 12.5%.  The growth in the forecast period can be attributed to growing focus on reducing carbon footprint, adoption of waterless beauty products in emerging markets, emphasis on long shelf life and stability in waterless formulations, regulatory support for sustainable and waterless cosmetic practices, increasing demand for premium cosmetics products due to rising disposable income. Major trends in the forecast period include innovation in packaging for waterless cosmetic products, advances in formulation technologies for waterless products, consumer education on the environmental benefits of waterless cosmetics, customization of waterless beauty products for diverse skin types.

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Segmentation & Regional Insights

The waterless cosmetics market covered in this report is segmented –

1) By Type: Skincare, Haircare, Makeup, Other Types

2) By Price Range: Economy, Mid-Range, Premium

3) By Customer Orientation: Men, Women, Unisex

4) By Distribution Channel: Online Retailers, Speciality Stores, Hypermarkets/Supermarkets, Other Distribution Channels

Top Major Players
Clensta International Pvt. Ltd.
Kao Corporation
Ktein Biotech Private Limited
L’Oreal SA
Living Organic Loving Ingredients

Asia-Pacific was the largest region in the waterless cosmetics market share in 2023. The regions covered in the waterless cosmetics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

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Major Driver Impacting Market Growth
Rising demand for chemical-free cosmetics is expected to propel the growth of the waterless cosmetics market going forward. Chemical-free is a term used in marketing to mean that a product is safe, healthy, or environmentally friendly because it contains only natural ingredients. Clean products or chemical-free cosmetics are those that are environment-friendly, notable for their ingredients, and free of parabens, phthalates, sulfates, and more. For instance, according to Mint, a financial daily newspaper, in March 2021, Lotus Herbals, an Indian-based cosmetics manufacturer, announced its entry into the clean beauty category with Lotus Botanicals, which will have a range of chemical-free skin and hair care products. The company said the chemical-free cosmetics or the organic beauty market size is expected to grow to $54 billion by 2027. Therefore, the rising demand for chemical-free cosmetics is driving the growth of the waterless cosmetics market.

Key Industry Players
Major companies operating in the waterless cosmetics market report are Clensta International Pvt. Ltd., Kao Corporation, Ktein Biotech Private Limited, L’Oreal SA, Living Organic Loving Ingredients, Niconi Ltd., Ruby’s Organics Private Limited, Taiki USA Inc., Procter & Gamble Company, Unilever plc, Pinch of Colour LLC, True Botanicals Inc., Ethique Inc., Carter + Jane Inc., Allies Group Pte. Ltd., Azafran Innovacion Ltd., Lavedo Cosmetics, May Coop., Vapour Organic Beauty Inc., Biomod Concepts Inc., Bobbi Brown Professional Cosmetics Inc., Cult Beauty Ltd., Deciem The Abnormal Beauty Company, Dermatologic Cosmetic Laboratories Inc., Glow Recipe Inc., Headboy Industries Inc., Avon Products Incorporation, Oriflame Holding AG, Revlon Inc., Estee Lauder Companies Inc., Shiseido Company Limited, Henkel Ag & Co. KGaA, Johnson & Johnson Services Inc., American Way Corporation, Coty Inc., Mistcooling Inc.

The waterless cosmetics market report table of contents includes:
1. Executive Summary
2. Waterless Cosmetics Market Characteristics
3. Waterless Cosmetics Market Trends And Strategies
4. Waterless Cosmetics Market – Macro Economic Scenario
5. Global Waterless Cosmetics Market Size and Growth
…………………………
31. Global Waterless Cosmetics Market Competitive Benchmarking
32. Global Waterless Cosmetics Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Waterless Cosmetics Market
34. Waterless Cosmetics Market Future Outlook and Potential Analysis
35. Appendix

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