Global Cosmetic Wipes Market Poised to Rake US$ 1,771.6 Mn by 2022 end

Cosmetic wipes market is undergoing a rapid expansion due to the fact that consumers of today want convenience in their fast paced on the go lifestyle. There are different types of cosmetic wipes depending on their application and the main ones include the ones made for hand washing, cleaning or moisturizing the skin, for makeup removal, etc. This report, compiled by Fact.MR, provides in-depth analysis of the global cosmetic wipes 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 cosmetic wipes market for the forecast period 2017-2022 and provide readers an unbiased and accurate analysis. Cosmetic wipes 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 cosmetic wipes.

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4 Forecast Highlights on Global Cosmetic Wipes Market

1. 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.

2. 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.

3. 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.

4. 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.

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Wet Wipes Segment Poised to Touch a Value of US$ 1,170.4 Mn in 2022

As per the forecast of Fact.MR, the wet wipes segment is expected to reach a value of US$ 1,170.4 Mn in the year 2022. This represents a sluggish CAGR during the forecast period of 2017-2022. Wet wipes segment is expected to account for more than one-third of the revenue share of the product type segment by the year 2017 and is expected to lose market share by the end of the year 2022.

Modern Trade Segment to exhibit a CAGR of 3.2% during the Assessment Period

As per the forecast of Fact.MR, the modern trade segment is slated to touch a figure of US$ 629.5 Mn in the year 2022. This represents a CAGR of 3.2% 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 cosmetic wipes market through 2022, which include Johnson & Johnson, Procter & Gamble, Kimberly-Clark, Svenska Cellulosa Aktiebolaget SCA, Nice-Pak Products, Hengan International Group Company Limited, Rockline Industries, Diamond Wipes International and Albaad Massuot.

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This release was published on openPR.