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Global body mist market is slated to touch a value of nearly US$ 4,671 Mn in the year 2022

02-08-2018 08:01 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Fact.MR

Fact.MR

Fact.MR

Body mists have been in existence for a while now, but the body mist market truly came into its own fairly recently. A greater preference for all things organic and natural has compelled body mist manufacturers to come up with newer, more appealing, and safer products in the body mist market. Natural body mist products are usually derived from cardamom, musk, jasmine, papaya, nutmeg, pineapple, rose, and bergamot. Another noticeable trend in the body mist market has been the slow but steady rise of the e-commerce channel. Consumers wish to avail of the comfort and convenience of ‘anywhere, anytime’ shopping and this is poised to benefit the body mist market. This report, compiled by Fact.MR, provides in-depth analysis of the global body mist market for the forecast period 2017-2022, and offers key insights about future market direction.

The scope of Fact.MR’s report is to analyze the global body mist market for the forecast period 2017-2022 and provide readers an unbiased and accurate analysis. Body mist manufacturers, stakeholders, and suppliers in the global consumer goods sector can benefit from the analysis offered in this report. This report offers a comprehensive analysis, which can be of interest to leading trade magazines and journals pertaining to body mist.

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4 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.

4. Fact.MR forecasts the citrus body mist segment to grow from nearly US$ 806 Mn in 2017 to nearly US$ 925 Mn in 2022. This represents a compound annual growth rate (CAGR) of 2.8% from 2017 to 2022.

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.

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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.

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.

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
Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized Retail & Consumer Goods market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

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