Press release
Demand For Cleansing & Makeup Removal Wipes Is High, And Is Set To Increase At A CAGR Of 4% Across The Assessment Period Of 2021 To 2031
As per Fact.MR, a market research and competitive intelligence provider, the global cosmetic wipes market is anticipated to top US$ 750 Mn by 2031, progressing at a CAGR of 5% over the next ten years.To Get In-depth Information View Full Report – https://www.factmr.com/report/118/cosmetic-wipes-market
Cosmetic wipes have revolutionized the skincare industry by cleaning the skin deep to clear dirt or remove excess oil or makeup from the face. They are usually free from irritation and contain artificial perfumes to give a refreshing feeling to the skin. They contain all natural ingredients and less of chemicals in order to prevent skin irritation or rashes.
The cosmetic wipes market continues to be driven by its superior characteristics such as convenience, ease of use, efficacy, and removal of impurities. Portability of cosmetic wipes and their ease of use are critical factors driving sales. Introduction of cosmetic wipes with a wide range of colors and fragrances is augmenting market growth.
For More Insights Into The Market, Request a Sample of this Report – https://www.factmr.com/connectus/sample?flag=S&rep_id=118
Manufacturers are utilizing digital technologies and engaging customers via online portals. This is expected to give an uptick to the sales of cosmetic wipes on e-Commerce platforms.
Key Takeaways from Market Study
Global cosmetic wipes market to top US$ 750 Mn by 2031.
Wet wipes projected to reach around US$ 300 Mn by 2031.
Moisturizing wipes projected to record above 4% CAGR over next 10 years.
Market in Europe holds share of more than 40%.
Market in Germany expected to reach valuation of US$ 200 Mn by 2031.
Market in Australia to record 3% CAGR over forecast period of 2021- 2031.
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“Introduction of innovative products such as flavored wipes for cleaning the face as well as ease of use and infection prevention due to their disposable nature has driven consumer attention towards cosmetic wipes,” according to a Fact.MR analyst.
Market Competition
In 2019, Henan Group launched its new Super Mini wet wipes for the Malaysian market. These wipes contains natural tea polyphenols and provide consumers with unique green tea scent and natural care.
In 2019, Johnson & Johnson-owned Neutrogena launched its new Makeup Remover Cleansing Towelettes. The newly launched product is the patented formula of the company, and each wipe is infused with seven different makeup removers designed to remove stubborn makeup.
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Key Segments in Cosmetic Wipes Industry Research
Product
Cosmetic Wet Wipes
Cosmetic Dry Wipes
Material Use
Absorbent Cotton Cosmetic Wipes
Non-woven Fabric Cosmetic Wipes
Application
Cleansing & Makeup Removal Cosmetic Wipes
Moisturizing Cosmetic Wipes
Exfoliating Cosmetic Wipes
Distribution Channel
Sales of Cosmetic Wipes via Modern Trade
Sales of Cosmetic Wipes via Specialty Stores
Sales of Cosmetic Wipes via Medical Stores & Pharmacies
Sales of Cosmetic Wipes via Online Retail
For More Insights- https://www.einpresswire.com/article/556952826/why-is-the-japan-an-opportunistic-cellulose-automotive-air-filter-landscape-report-fact-mr
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