Press release
Face Balm Market Trend to Eyewitness Huge Growth by 2031 | Claims AMR
According to the report published by Allied Market Research, the global Face Balm market generated $196.2 million in 2021, and is projected to reach $495.7 million by 2031, growing at a CAGR of 9.7% from 2022 to 2031.The report examines changing market dynamics, major segments, the value chain, the competitive scenario, and the regional landscape. This research provides valuable guidance to market leaders, investors, shareholders, and startups in developing strategies for long-term growth and gaining a competitive advantage.
๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ: https://www.alliedmarketresearch.com/request-sample/47679
The research report divides the global face balm market into detailed segments based on end user, application, distribution channel, and region. The report uses tables and figures to provide detailed information about the various segments and their sub-segments. Engaged market participants and investors can develop strategies based on the report's highest revenue-generating and fastest-growing segments.
According to the application, the household segment accounted for the majority of the face balm market in 2021 and is expected to maintain its leadership status during the forecast period, registering the highest growth with a CAGR of 9.9% from 2022 to 2031. As people become increasingly aware of the advantages of using face balms, household use of cosmetics for personal use is increasing. Consumers have been urged to use face balm every day to shield their skin from damage caused by dust, air pollution, and direct sun exposure.
๐๐ซ๐จ๐๐ฎ๐ซ๐ ๐๐จ๐ฆ๐ฉ๐ฅ๐๐ญ๐ ๐๐๐ฉ๐จ๐ซ๐ญ (324 ๐๐๐ ๐๐ฌ ๐๐๐ ๐ฐ๐ข๐ญ๐ก ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ, ๐๐ก๐๐ซ๐ญ๐ฌ, ๐๐๐๐ฅ๐๐ฌ, ๐๐ง๐ ๐ ๐ข๐ ๐ฎ๐ซ๐๐ฌ): https://www.alliedmarketresearch.com/checkout-final/86f61c2dd2c683e24c446c72228e9725
According to the face balm market size, the women segment held the largest market share in 2021. The skincare industry has grown steadily and consistently throughout the years as more women have become conscious of their looks. Due to a variety of additional factors, such as an increase in the number of working women, increased awareness of the need of maintaining beauty over time, changes in lifestyle, and the benefits of facial care products, hence the market for face balms has grown significantly.
According to the region, Asia-Pacific held the largest share in 2021, accounting for nearly one-third of the global Face Balm market share and is expected to maintain its dominant revenue share in 2031. Furthermore, during the forecast period, the Asia-Pacific region is expected to exhibit the fastest CAGR due to huge population and growing popularity of face balm in the Asia-Pacific region.
๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ฒ๐ข๐ง๐ : https://www.alliedmarketresearch.com/purchase-enquiry/47679
Leading market players of the global face balm market analyzed in the research include Silicon2 Co., Ltd.
REN Clean Skincare
Pangaea Holdings Inc.
Naturium
CeraVe
Weleda AG
Franline Ltd
Nuxe
W.S. Badger Company, Inc.
Pinch of Colour LLC.
Maycoop Co., Ltd.
UpCircle Beauty
Riviera Suisse
Vilot LLC
Purity Cosmetics
๐๐ง๐จ๐ฐ ๐๐จ๐ซ๐ https://www.globenewswire.com/news-release/2023/02/23/2614521/0/en/Global-Face-Balm-Market-Is-Expected-to-Generate-495-7-Million-by-2031-Allied-Market-Research.html
๐๐ซ๐๐ง๐๐ข๐ง๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ ๐๐๐ฏ๐ ๐จ๐ง ๐๐จ๐ง๐ฌ๐ฎ๐ฆ๐๐ซ ๐๐จ๐จ๐๐ฌ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ:
๐๐ฎ๐ญ๐จ๐ฆ๐๐ญ๐ข๐ ๐๐จ๐ ๐ ๐๐๐๐๐ซ ๐๐๐ซ๐ค๐๐ญ https://www.alliedmarketresearch.com/automatic-dog-feeder-market-A13738
๐๐๐ญ ๐๐ฎ๐ฉ๐ฉ๐ฅ๐๐ฆ๐๐ง๐ญ ๐๐๐ซ๐ค๐๐ญ https://www.alliedmarketresearch.com/pet-supplement-market-A06522
๐๐จ๐ฆ๐ ๐๐๐๐จ๐ซ ๐๐๐ซ๐ค๐๐ญ https://www.alliedmarketresearch.com/home-decor-furnishing-market
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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
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