A recent report published by Infinium Global Research on makeup remover market provides an in-depth analysis of segments and sub-segments in the global as well as regional makeup remover market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional makeup remover market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of global makeup remover market. According to the report, the global makeup remover market is projected to grow at a CAGR of 5.8% over the forecast period of 2019-2025.
Removing makeup is an essential and first step in the skincare process. The key players in the makeup remover market are adopting strategies such as mergers, acquisitions, and new product launches to expand its market share. For instance, Shiseido acquired Olivo Laboratories, LLC. Various brands are available in the market that contributes to the growth of the makeup remover market.
The rising number of working women, increasing the use of cosmetics, and the availability of a variety of makeup products drive the growth of the makeup removal market. Makeup can cause clogged pore, inflation, and rough skin. The growing concern about skin care stimulates the growth of the makeup remover market. Silicone resins are used in makeup products for long-lasting properties. Such makeup is difficult to remove with soap and face wash. These kinds of makeup products require proper makeup remover to remove the makeup that contributes to the growth of the makeup remover market. The growing trend to look attractive fuel the growth of makeup remover market. On the other hand, risk of side effects from chemicals used in makeup removers hampers the demand for makeup remover market. Availability of duplicate makeup remover products restraint the growth of the makeup remover market. Furthermore, new innovations create new opportunities for makeup remover manufacturers.
Geographically, the global makeup remover market is divided into North America, Europe, Asia-Pacific, and the Rest of the World. Europe is anticipated to have a larger share in the makeup remover market. The rising demand for cosmetics triggered the growth of the makeup remover market in Europe. Asia-Pacific excluding Japan is also expected to grow in the global makeup remover market with the fastest CAGR over the forecast period. North America is growing in the global makeup remover market owing to increasing awareness about skin care products.
The report on global makeup remover market covers segments such as product type, application, and distribution channel. On the basis of product type, the sub-markets include clothes & towlettes, liquids, pads, cleansers, and other product types. On the basis of application, the sub-markets include eyes, face, and lips. On the basis of the distribution channel, the sub-markets include departmental store, retailers, drug store, online channels, and other distribution channels.
The report provides profiles of the companies in the market such as L'Oréal S.A., Johnson & Johnson, Shiseido, The Procter & Gamble Company, Unilever, The Estée Lauder Companies Inc., Bobbi Brown Professional Cosmetics, Inc., Avon Products Inc., LVMH, Kimberly-Clark, and Other companies.
The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of makeup remover market. Moreover, the study highlights current market trends and provides forecast from 2019-2025. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.
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