Waterless Cosmetic Market is expected to grow at a CAGR of 12.2% during the forecast period, Key Manufacturers, Demand Analysis and Market Share

Pune, Jan. 12, 2023 (GLOBE NEWSWIRE) — The report published by Maximize Market research, on the Waterless Cosmetic Market, covers an extensive regional analysis and competitive landscape. Over the forecast period, Maximize Market research expects, the market to grow from USD 9.5 Bn. in 2021 to USD 23.86 Bn in 2029 at a CAGR of 12.2 percent. As per the report, the North America region is expected to grow at a CAGR of 10.8 percent during the forecast years.

Waterless Cosmetic Market Report Scope and Research Methodology

Waterless Cosmetic Market dynamics are thoroughly studied and explained in the report, which helps clients to understand emerging market trends, drivers, restraints, opportunities, and challenges at the global and regional levels for the Waterless Cosmetic Market. The key objective of the report is to provide a comprehensive assessment of the global market, including major leading stakeholders in the Waterless Cosmetic industry.

Data is collected using primary and secondary data collection methods. All the information that has been acquired has been verified, evaluated, and presented in order to give a coherent and understandable picture of the Waterless Cosmetic Market. MMR’s dedicated team of subject matter experts meticulously tracks and analyses the Global Waterless Cosmetic Market. The team provides a long-term performance analysis of the industry while also looking at various industrial segments and strategies, which assists our clients in better planning their upcoming investments, lowering risk and understanding cost dynamics. A list of several ongoing development projects from various industries is followed by information on key projects that are in the development stage and may have a positive or negative impact on the global Waterless Cosmetic market. The report employs PORTER analysis, PESTLE analysis to present market insights that help to better understand the market scenario on macro and micro levels.

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Waterless Cosmetic Market Overview

Waterless Cosmetic refers to beauty products, which are made free of water, treating botanical ingredients or nourishing oils as substitutes. Water is often used as a means of enhancing product consistency. The waterless cosmetics market includes sales of waterless cosmetics by entities (traders, organizations and partnerships) that are used for healthier and more sustainable alternatives in cosmetics.

Waterless Cosmetic Market Dynamics

During the forecast years, the rising cosmetics and personal care industry is expected to drive the market. The major drivers of the waterless cosmetic market are technological development and advancement in the manufacturing of waterless products. The rising demand by consumers for sustainable and eco-friendly beauty products with increasing awareness about the benefits of waterless products is driving the market. Emerging new beauty trends, attractive packaging, increasing use of natural ingredients and innovative products are viewed as an opportunity by the manufacturers for market growth.

The major factors that are expected to constraint the market growth during the forecast period are the rising cost of the products and increasing cost of research and development activities in the market.

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Waterless Cosmetic Market Regional Insights

In 2021, the Asia Pacific region dominated the global waterless cosmetic market and it held the highest market share. The market growth in the region is mainly due to the rising demand for waterless cosmetics/ beauty products from developing countries such as China, India, Malaysia and South Korea.

The North America region held the second position in the global waterless cosmetics market in the year 2021. During the forecast period, the region is also expected to grow at a CAGR of 10.8%. In the region, bloggers, beauty experts and influencers play an important role in shaping the cosmetic industry.

Waterless Cosmetics Market Segmentation

By Nature

By Product

• Skincare
• Haircare
• Makeup
• Others

By Gender

By Sales Channel

• Offline
  • Wholesalers/Distributors
  • Hypermarkets/Supermarkets
  • Convenience Stores
  • Specialty Stores
  • Departmental Stores
  • Others
• Online

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Waterless Cosmetic Market Key Competitors:

• L’Oréal
• Procter & Gamble
• Unilever
• Kao Corporation
• Pinch of Colour
• Taiki USA
• Loli
• Niconi
• Clensta
• Ruby’s Organics
• True Botanicals
• Allies Group Pte. Ltd.
• Lavedo Cosmetics
• No Cosmetics
• May Coop
• Azafran Innovacion
• Ktein
• Carter + Jane
• VAPOUR BEAUTY
• Allies Group Pte. Ltd.
• The Waterless Beauty Company
• The Procter & Gamble Company

Key questions answered in the Waterless Cosmetic Market are:

• What are Waterless Cosmetic?
• What are the global trends in the Waterless Cosmetic Market?
• What are the upcoming industry applications and trends for the Waterless Cosmetic Market?
• What are the factors contributing to the final price of Waterless Cosmetic?
• What is the expected demand for different types of products in the Waterless Cosmetic Market during the forecast period?
• What are the recent industry trends that can be implemented to generate additional revenue streams for Waterless Cosmetic Market?
• How is the intervention from regulatory authority is shaping the Waterless Cosmetic Market?
• What growth strategies are the players considering to increase their presence in Waterless Cosmetic Market globally?
• Who are the leading companies and what are their portfolios in Waterless Cosmetic Market?
• What are the major challenges that the Waterless Cosmetic Market could face in the future?
• Who held the largest market share in Waterless Cosmetic Market?

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Key Offerings:

• A detailed overview of Waterless Cosmetic Market
• Waterless Cosmetic Market Share, Size & Forecast by Revenue | 2022−2029
• Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Key Trends
• Market Segmentation – A detailed analysis by Nature, Product, Gender and Sales Channel
• Regional Insights of Waterless Cosmetic Market
• Competitive Landscape – Top Key Vendors and Other Prominent Vendors

Maximize Market Research is leading Consumer Goods & Services research firm, has also published the following reports:

Cosmetics Market – The market size is expected to reach USD 604 billion by 2029 at a CAGR of 5.25 percent during the forecast period. The market is expected to be driven by changes in lifestyle, increase in disposable income, requirements for skin care products owing to variable climatic conditions, change in packaging styles and eye-catching marketing tactics.

Skin Care Products Market – The market size is expected to reach USD 208.47 billion by 2029 at a CAGR of 5.62 percent during the forecast period. The market is expected to be driven by rising urbanization, increasing disposable income and increasing awareness of skin care products to protect skin from harmful UV radiations, pollution, etc.

Hair Dryer Market – The market size is expected to reach USD 18.94 billion by 2029 at a CAGR of 5.6 percent during the forecast period. The market is expected to be driven by increasing awareness regarding personal grooming, the rising number of professional salons across the globe, increasing disposable income and rapid urbanization.

Natural Skin Care Products Market – The market size is expected to reach USD 79.95 billion by 2029 at a CAGR of 8 percent during the forecast period. The market is expected to be driven by the surge in the number of new and start-up companies in the field of natural skincare has made affordable products and innovative product lines available on the market.

Cosmetic Dentistry Market – The market size is expected to reach USD 38.97 billion by 2029 at a CAGR of 6.13 percent during the forecast period. The market is expected to be driven by Increasing consumer awareness and the prevalence of dental disorders, Government initiative across the globe and development of new technologies.

About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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