Opportunities in Global Body Mist Market: Industry is Projected to touch a value of nearly US$ 4,671 Mn Revenue by 2022 end

Recently, a novel report developed using proven research methodologies at the headquarters of Fact. MR has identified various prominent factors and trends prompting market growth of body mist market. The study is titled as “Body Mist Market Forecast, Trend Analysis & Competition Tracking: Global Review 2017 to 2022”, which deeply analyses the global market trends, with historical data from 2016 and 2017, and projections of compound annual growth rates (CAGRs) during the mentioned forecast of 2017-2022. For the benefit of the readers, the report concludes with a special focus on the detailed profiles of the major vendors in the global body mist market.

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Body mists are often confused with perfumes but there are substantial differences between the two. Body mists typically have a much lighter scent than perfumes, they are usually cheaper, less long-lasting, have lesser oils, and a lot more alcohol than regular perfumes. Body mists also tend to be less concentrated. This Fact.MR report on the global body mist market forecasts that the global body mist market will touch a value of nearly US$ 4,671 Mn in the year 2022 and grow at a sluggish CAGR during the assessment period.

3 Forecast Highlights on Global Body Mist Market

1. As per the forecast of Fact.MR, the oily skin segment is slated to touch a value of nearly US$ 1,083 Mn in the year 2022. This represents a moderate CAGR growth during the assessment period of 2017-2022. The oily skin segment is estimated to account for nearly one-fifth of the revenue share of the product type segment by the year 2017 end and is expected to gain in market share by the year 2022 end.

2. As per the forecast of Fact.MR, the drug stores segment will reach a value of nearly US$ 798 Mn in the year 2017. This represents a sluggish CAGR growth during the forecast period. The drug stores segment is estimated to account for nearly one-fifth of the revenue share of the distribution channel segment in the year 2017 end and is expected to lose market share by the end of the year 2022.

3. As per the forecast of Fact.MR, the men body mist segment is slated to reach a value of nearly US$ 1,880 Mn in 2022. The men body mist segment is expected to gain some market value by the end of the year 2022. The largest share is contributed by the Europe region in the men body mist segment.

Modern Trade Segment to exhibit a CAGR of 3.1% During the Assessment Period

As per the forecast of Fact.MR, the modern trade segment is slated to touch a figure of nearly US$ 1,758 Mn in the year 2022. This represents a CAGR of 3.1% during the assessment period from 2017 till the year 2022. This segment is expected to gain market share by the end of the year 2022. The modern trade segment is expected to account for more than one-third of the revenue share of the distribution channel segment by the year 2017.

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Europe Market Set to Dominate the Global Body Mist Market in Terms of Revenue

The market in Europe is set to dominate the global body mist market in terms of value and this trend is projected to sustain itself throughout the assessment period. Europe body mist market is the most attractive market, growing at a sluggish CAGR over the assessment period.

Normal Skin Segment Poised to Touch a Value of Nearly US$ 1,228 Mn in 2022

As per the forecast of Fact.MR, the normal skin segment is expected to reach a value of nearly US$ 1,228 Mn in the year 2022. This represents a sluggish CAGR during the forecast period of 2017-2022. Normal skin segment is expected to account for nearly one-fourth of the revenue share of the product type segment by the year 2017 and is expected to gain market share by the end of the year 2022.

Competition Tracking

The report also profiles companies that are expected to remain active in the expansion of global body mist market through 2022, which include Chanel S.A., The Estée Lauder Companies Inc, L’Oréal S.A, Shiseido Company, Limited, LVMH Moët Hennessy Louis Vuitton S.E, Amway Corporation, Burberry Group plc, Revlon, Inc., The Procter & Gamble Company and The Unilever Group.

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About Fact.MR

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This release was published on openPR.