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Global Facial Cleansing Balm Market to reach USD XX billion by the end of 2029

Global Facial Cleansing Balm Market Size study & Forecast, by Product Type (Normal Skin, Sensitive Skin, Dry Skin), By End User ( Women, Men ), By Application ( Salons, Spa clinics, Personal Usage ), By Distribution Channel ( Supermarkets and Hypermarkets, Retail Stores, Pharmacy Stores) and Regional Analysis, 2022-2029

Product Code: OIRPC-44343934
Publish Date: 6-03-2023
Page: 200

Global Facial Cleansing Balm Market is valued at approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2022-2029. Facial Cleansing Balms are primarily used to cleanse the face in order to achieve a more attractive facial appearance. Facial cleansing products have their application in eliminating dead cells, and impurity by unclogging the cell pours over its usage. Cleansing balms nourish and hydrate the skin, improving facial radiance. Manufacturers in the facial cleansing balm segment are keenly focused on the ingredients that must be used to provide customers with effective face cleansing results. The demand for natural cosmetics products and the growing prevalence of skin problems as well as rising awareness regarding personal grooming and hygiene are key factors driving the market growth.

The growing adoption of natural cosmetics is contributing towards the growth of the Global Facial Cleansing Balm Market. For instance – as per Statista – in 2021, the global market value for natural cosmetics and personal care was estimated at USD 35 billion and it is projected to grow to USD 59 billion by 2031. Additionally, the rising prevalence of skin problems such as acne, and pimples is another factor driving the market growth. For instance – as per the American Academy of Dermatology (AAD) estimates – in the United States around 85 per cent of people between the ages of 12 and 24 are affected by acne. In addition, up to 50 million Americans are annually affected with acne. Also, the growing e-commerce and drop shipping industry as well as the rising spa and salon sector would create a lucrative growth prospectus for the market over the projected period. However, concern over the high cost of the product impedes the market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Facial Cleansing Balm Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America dominated the market in terms of revenue, owing to the dominance of branded products and the increasing demand for skin care products in the region would offer lucrative growth opportunities for the market over the forecast period. Whereas Asia Pacific is expected to grow with the highest CAGR during the forecast period, owing to factors such as the rising urbanization rate, coupled with improving standards of livings in the region.

Major market player included in this report are:
Estee Lauder Companies Inc.
Shiseido Co. Ltd.
Beiersdorf AG
Bobby Brown
Olay (Procter & Gamble Company (P&G))

Recent Developments in the Market:
 In July 2022, CeraVe announced new products under its skincare portfolio with the launch of its new makeup remover, cleansing balm and anti-aging eye cream.

Global Facial Cleansing Balm Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Product Type, End User, Application, Distribution Channel, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Product Type
Normal Skin
Sensitive Skin
Dry Skin
By End-User
By Application
Spa clinics
Personal Usage
By Distribution Channel
Supermarkets and Hypermarkets
Retail Stores
Pharmacy Stores

By Region:
North America
Asia Pacific
South Korea
Latin America
Rest of the World

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
1.2.1. Facial Cleansing Balm Market, by Region, 2019-2029 (USD Billion)
1.2.2. Facial Cleansing Balm Market, by Product Type, 2019-2029 (USD Billion)
1.2.3. Facial Cleansing Balm Market, by End User, 2019-2029 (USD Billion)
1.2.4. Facial Cleansing Balm Market, by Application, 2019-2029 (USD Billion)
1.2.5. Facial Cleansing Balm Market, by Distribution Channel, 2019-2029 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Facial Cleansing Balm Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Facial Cleansing Balm Market Dynamics
3.1. Facial Cleansing Balm Market Impact Analysis (2019-2029)
3.1.1. Market Drivers Increasing demand for natural cosmetics products Growing prevalence of skin problems Rising awareness regarding personal grooming and hygiene
3.1.2. Market Challenges High Cost of Facial Cleansing Balm
3.1.3. Market Opportunities Growing e-commerce and drop shipping industry. Rising spa and salon sector
Chapter 4. Global Facial Cleansing Balm Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.2. Futuristic Approach to Porter’s 5 Force Model (2019-2029)
4.3. PEST Analysis
4.3.1. Political
4.3.2. Economical
4.3.3. Social
4.3.4. Technological
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. Industry Experts Prospective
4.7. Analyst Recommendation & Conclusion
Chapter 5. Risk Assessment: COVID-19 Impact
5.1. Assessment of the overall impact of COVID-19 on the industry
5.2. Pre COVID-19 and post COVID-19 Market scenario
Chapter 6. Global Facial Cleansing Balm Market, by Product Type
6.1. Market Snapshot
6.2. Global Facial Cleansing Balm Market by Product Type, Performance – Potential Analysis
6.3. Global Facial Cleansing Balm Market Estimates & Forecasts by Product Type 2019-2029 (USD Billion)
6.4. Facial Cleansing Balm Market, Sub Segment Analysis
6.4.1. Normal Skin
6.4.2. Sensitive Skin
6.4.3. Dry Skin
Chapter 7. Global Facial Cleansing Balm Market, by End User
7.1. Market Snapshot
7.2. Global Facial Cleansing Balm Market by End User, Performance – Potential Analysis
7.3. Global Facial Cleansing Balm Market Estimates & Forecasts by End User 2019-2029 (USD Billion)
7.4. Facial Cleansing Balm Market, Sub Segment Analysis
7.4.1. Women
7.4.2. Men
Chapter 8. Global Facial Cleansing Balm Market, by Application
8.1. Market Snapshot
8.2. Global Facial Cleansing Balm Market by Application, Performance – Potential Analysis
8.3. Global Facial Cleansing Balm Market Estimates & Forecasts by Application 2019-2029 (USD Billion)
8.4. Facial Cleansing Balm Market, Sub Segment Analysis
8.4.1. Salons
8.4.2. Spa clinics
8.4.3. Personal Usage
Chapter 9. Global Facial Cleansing Balm Market, by Distribution Channel
9.1. Market Snapshot
9.2. Global Facial Cleansing Balm Market by Distribution Channel, Performance – Potential Analysis
9.3. Global Facial Cleansing Balm Market Estimates & Forecasts by Distribution Channel 2019-2029 (USD Billion)
9.4. Facial Cleansing Balm Market, Sub Segment Analysis
9.4.1. Supermarkets and Hypermarkets
9.4.2. Retail Stores
9.4.3. Pharmacy Stores
Chapter 10. Global Facial Cleansing Balm Market, Regional Analysis
10.1. Facial Cleansing Balm Market, Regional Market Snapshot
10.2. North America Facial Cleansing Balm Market
10.2.1. U.S. Facial Cleansing Balm Market Product Type breakdown estimates & forecasts, 2019-2029 End User breakdown estimates & forecasts, 2019-2029 Application breakdown estimates & forecasts, 2019-2029 Distribution Channel breakdown estimates & forecasts, 2019-2029
10.2.2. Canada Facial Cleansing Balm Market
10.3. Europe Facial Cleansing Balm Market Snapshot
10.3.1. U.K. Facial Cleansing Balm Market
10.3.2. Germany Facial Cleansing Balm Market
10.3.3. France Facial Cleansing Balm Market
10.3.4. Spain Facial Cleansing Balm Market
10.3.5. Italy Facial Cleansing Balm Market
10.3.6. Rest of Europe Facial Cleansing Balm Market
10.4. Asia-Pacific Facial Cleansing Balm Market Snapshot
10.4.1. China Facial Cleansing Balm Market
10.4.2. India Facial Cleansing Balm Market
10.4.3. Japan Facial Cleansing Balm Market
10.4.4. Australia Facial Cleansing Balm Market
10.4.5. South Korea Facial Cleansing Balm Market
10.4.6. Rest of Asia Pacific Facial Cleansing Balm Market
10.5. Latin America Facial Cleansing Balm Market Snapshot
10.5.1. Brazil Facial Cleansing Balm Market
10.5.2. Mexico Facial Cleansing Balm Market
10.5.3. Rest of Latin America Facial Cleansing Balm Market
10.6. Rest of The World Facial Cleansing Balm Market

Chapter 11. Competitive Intelligence
11.1. Top Market Strategies
11.2. Company Profiles
11.2.1. L’occitane Key Information Overview Financial (Subject to Data Availability) Product Summary Recent Developments
11.2.2. L’Oréal
11.2.3. Estee Lauder Companies Inc.
11.2.4. Clarins
11.2.5. Shiseido Co. Ltd.
11.2.6. Beiersdorf AG
11.2.7. Dior
11.2.8. Bobby Brown
11.2.9. Olay ( Procter & Gamble Company (P&G))
11.2.10. Sasa
Chapter 12. Research Process
12.1. Research Process
12.1.1. Data Mining
12.1.2. Analysis
12.1.3. Market Estimation
12.1.4. Validation
12.1.5. Publishing
12.2. Research Attributes
12.3. Research Assumption

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Data Collection:
To determine the appropriate methods of data collection based on the research objectives, we consider both primary and secondary sources. Primary data collection involves gathering information directly from various industry experts in core and related fields, original equipment manufacturers (OEMs), vendors, suppliers, technology developers, alliances, and organizations. These sources encompass all segments of the value chain within the specific industry. Through in-depth interviews, we engage with key industry participants, subject-matter experts, C-level executives of major market players, industry consultants, and other relevant experts. This allows us to obtain and validate critical qualitative and quantitative information while evaluating market prospects. AI and Big Data are instrumental in our primary research, providing us with powerful tools to collect, analyze, and derive insights from data efficiently. These technologies contribute to the advancement of research methodologies, enabling us to make data-driven decisions and uncover valuable findings.
In addition to primary sources, we extensively utilize secondary sources to enhance our research. These include directories, databases, journals focusing on related industries, company newsletters, and information portals such as Bloomberg, D&B Hoovers, and Factiva. These secondary sources enable us to identify and gather valuable information for our comprehensive, technical, market-oriented, and commercial study of the market. Additionally, we utilize AI algorithms to automate the collection of vast amounts of data from various sources such as surveys, social media platforms, online transactions, and web scraping. And employ Big Data technologies for storage and processing of large datasets, ensuring that no valuable information is missed during the data collection process.
Data Analysis:
Our team of experts carefully examine the gathered data using suitable statistical techniques and qualitative analysis methods. For quantitative analysis, we employ descriptive statistics, regression analysis, and other advanced statistical methods, depending on the characteristics of the data. This analysis may also incorporate the utilization of AI tools and big data analysis techniques to extract meaningful insights.
To ensure the accuracy and reliability of our findings, we extensively leverage data science techniques, which help us minimize discrepancies and uncertainties in our analysis. We employ Data Science to clean and preprocess the data, ensuring its quality and reliability. This involves handling missing data, removing outliers, standardizing variables, and transforming data into suitable formats for analysis. The application of data science techniques enhances our accuracy, efficiency, and depth of analysis, enabling us to stay competitive in dynamic market environments.
Market Size Estimation:
Our proprietary data tools play a crucial role in deriving our market estimates and forecasts. Each study involves the creation of a unique and customized model. The model incorporates the gathered information on market dynamics, technology landscape, application development, and pricing trends. AI techniques, such as machine learning and deep learning, aid us to analyze patterns within the data to identify correlations, trends, and relationships. By recognizing patterns in consumer behavior, purchasing habits, or market dynamics, our AI algorithms aid us in more precise estimations of market size. These factors are simultaneously analyzed within the model, allowing for a comprehensive assessment. To quantify their impact over the forecast period, correlation, regression, and time series analysis are employed.
To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.
In our forecasting process, we consider various parameters such as economic tools, technological analysis, industry experience, and domain expertise. By taking all these factors into account, we strive to produce accurate and reliable market forecasts. When forecasting, we take into consideration several parameters, which include:
Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
To assess the market impact of these parameters, we assign weights to each one and utilize weighted average analysis. This process allows us to quantify their influence on the market and derive an expected growth rate for the forecasted period. By considering these various factors and applying a weighted analysis approach, we strive to provide accurate and reliable market forecasts.
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