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Cosmetic Wipes Market Expected to Reach US$ 1,771.6 Mn by 2022
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The global cosmetic wipes market is slated to touch a value of US$ 1,771.6 Mn in the year 2022 and grow at a sluggish CAGR during the assessment period.
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As per the forecast of Fact.MR, the dry wipes segment is slated to touch a value of US$ 601.2 Mn in the year 2022. This represents a moderate CAGR growth during the assessment period of 2017-2022. The dry wipes segment is estimated to account for nearly one-third 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.
As per the forecast of Fact.MR, the drug stores cosmetic wipes segment will reach a value of US$ 312.1 Mn in the year 2017. This represents a sluggish CAGR growth during the forecast period. The drug stores cosmetic wipes segment is estimated to account for more than 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.
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As per the forecast of Fact.MR, the acne-prone wipes segment is slated to reach a value of US$ 557.6 Mn in 2022. The acne-prone wipes 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 acne-prone wipes segment.
Fact.MR forecasts that the absorbent cotton cosmetic wipes segment will exhibit a CAGR of 2.8% from 2017 to 2022. Absorbent cotton cosmetic wipes segment is estimated to account for more than one-third of the revenue share of the material used segment by 2017 end and is expected to lose some market share by the end of the year 2022.
The report has also profiled leading players in the global market for cosmetic wipes, which will remain active through 2022. These include companies such as Hengan International Group Company Limited, Albaad Massuot, Kimberly-Clark, Rockline Industries, Procter & Gamble, Nice-Pak Products, Johnson & Johnson, Diamond Wipes International and Svenska Cellulosa Aktiebolaget SCA.
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