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Top Market Shifts Transforming the Waterless Cosmetics Market Landscape: Key Insights
Waterless Cosmetics Market
What Is the Expected CAGR for the Waterless Cosmetics Market Through 2025?
The expansion of the waterless cosmetics market has been swift and pronounced over recent periods of time. A growth from $10.48 billion in 2024 to $11.79 billion in 2025 is projected, demonstrating a compound annual growth rate (CAGR) of 12.4%. The factors contributing to this historical growth include amplified awareness of water shortages, the consumer demand for beauty products that are sustainable and friendly to the environment, a rising trend in convenience-focused cosmetic choices, an increase in conscious consumer behaviors regarding the environment, and the growing appetite for fresh beauty trends.
What's the Projected Size of the Global Waterless Cosmetics Market by 2029?
In the coming years, the waterless cosmetics market is set to experience significant growth, expecting to rise to $19.11 billion by 2029 with a compound annual growth rate (CAGR) of 12.8%. This projected growth can be credited to an increased emphasis on lowering carbon emissions, the introduction of waterless beauty products in budding markets, a focus on extended shelf life and durability in waterless formulae, policy support for eco-friendly and waterless cosmetic methods, and escalating demand for luxurious cosmetics brought on by increased disposable income. Essential trends for the projected era include novel packaging for waterless cosmetic goods, advancements in formulating technologies for waterless items, customer knowledge on the ecological perks of waterless cosmetics, and tailoring of waterless beauty products for various skin types.
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Top Growth Drivers in the Waterless Cosmetics Industry: What's Accelerating the Market?
The growing consumer preference for cosmetics without chemicals is anticipated to fuel the expansion of the waterless cosmetics market. The term 'chemical-free' is used in marketing to imply that a product is safe, healthy or eco-friendly due to its use of only natural ingredients. These clean or chemical-free cosmetics are known for being eco-conscious, distinguished by their ingredients, and free from parabens, phthalates, sulfates, and more. For example, The British Beauty Council, a UK-based association, reported in March 2023 that according to the Organic Beauty and Wellbeing Market Report 2023, the sector attained £147.6 million in sales in 2022. The report also disclosed that a rise in sales was accredited to gaining COSMOS certification by 69% of certified brands. Thus, the escalating demand for cosmetics without chemicals is propelling the growth of the waterless cosmetics market.
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What Trends Will Shape the Waterless Cosmetics Market Through 2029 and Beyond?
Key players in the waterless cosmetics market are concentrating on the refinement of waterless technology to minimize water use, endorse sustainability, and offer longer-lasting, concentrated formulas. The term waterless technology is indicative of a waterless formulation method used in the creation of personal care, skincare, and beauty products. This method eradicates or significantly diminishes the need for water in product formulas, instead prioritizing concentrated, oil-based, or powder-based components. As an example, in March 2023, Dries, an inventive waterless technology, was launched by the University of East Anglia (UEA), a research university in the UK. This unique technology has the potential to eradicate nearly all water from products such as cleansers, lotions, and shampoos which traditionally contain 85% to 98% water by weight. The Dries process uses no-heat drying, preserving the stability and effectiveness of delicate active components, like proteins and peptides, which are typically adversely affected by high temperatures. This distinct attribute differentiates it from traditional methods like spray-drying that tend to degrade these elements.
What Are the Main Segments in the Waterless Cosmetics Market?
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, Specialty Stores, Hyper markets Or Super markets, Other Distribution Channels
Subsegments:
1) By Skincare: Moisturizers, Cleansers, Serums
2) By Haircare: Shampoos, Conditioners, Styling Products
3) By Makeup: Foundations, Lip Products, Eye Products
4) By Other Types: Fragrances, Body Care Products
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Which Top Companies are Driving Growth in the Waterless Cosmetics Market?
Major companies operating in the waterless cosmetics market include 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., Avon Products Incorporation, Oriflame Holding AG, Revlon Inc., Estee Lauder Companies Inc., Shiseido Company Limited, Henkel Ag & Co. KGaA, Johnson & Johnson Services Inc., Coty Inc.
Which Regions Will Dominate the Waterless Cosmetics Market Through 2029?
Asia-Pacific was the largest region in the waterless cosmetics market share in 2024. 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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