The daily cleansing cream market size is expected to see strong growth in the next few years. It will grow to $4.38 billion in 2028 at a compound annual growth rate (CAGR) of 6.7%. The anticipated growth in the forecast period can be attributed to the ongoing increase in skincare awareness and beauty trends, a rising demand for mild and nourishing skincare options, market expansion in densely populated countries, heightened investment in the research and development of new cleansing creams, and the growing influence of social media campaigns and partnerships with influencers. Notable trends expected in the forecast period include the prevalence of foam-type cleansers, the popularity of herbal and natural products, emphasis on affordability and diversified distribution channels, and a heightened demand for milky cleansing creams.
The increasing sway of beauty influencers is anticipated to drive growth within the daily cleansing cream market in the foreseeable future. Beauty influencers, utilizing various social media platforms, disseminate their knowledge, expertise, and experiences regarding beauty and skincare products to their followers. Through authentic and transparent reviews of daily cleansing creams, beauty influencers cultivate trust with their audience, influencing their followers' considerations and eventual purchases of recommended products. As evidenced by a survey conducted by Upfluence in January 2024, there were 1,288 active beauty influencers on Instagram, 1,090 on YouTube, and 167 on TikTok between May and August 2022. In the US, beauty influencers boasted an average of 539,038 followers on Instagram, 593,412 on YouTube, and 1,556,910 on TikTok. Consequently, the burgeoning influence of beauty influencers propels the expansion of the daily cleansing cream market.
Key players within the daily cleansing cream market are actively engaged in developing innovative products, such as facial cleansers, to cater to customer needs with enhanced features. Facial cleansers are skincare products meticulously formulated to eradicate dirt, oil, makeup, and other impurities from facial skin. For instance, in May 2021, Wish Company, a US-based e-commerce entity, unveiled the Klairs Gentle Black Cleanser - a notable addition to the Klairs Gentle Black Skincare Line. Distinguished by its utilization of four types of Black Complex ingredients - truffle, blackberry, black bean, and black cumin seed extract - the Klairs Gentle Black Cleanser delivers gentle yet potent cleansing efficacy. Its creamy, dense texture ensures a gentle cleanse in the morning and effective impurity removal at night, without causing irritation. Additionally, boasting over 80% moisturizing ingredients, including hyaluronic acid, the new cleanser aims to mitigate moisture loss, leaving the skin refreshed and hydrated following each application.
In September 2022, Shiseido Co. Ltd., a renowned cosmetics company headquartered in Japan, completed the acquisition of Gallinée for an undisclosed sum. This strategic move allows Shiseido to capitalize on Gallinée's established presence in the UK and France, facilitating the expansion of its footprint in the European market. Gallinée, based in England, specializes in providing daily cleansing cream, aligning with Shiseido's commitment to offering innovative skincare solutions to consumers worldwide.
Major companies operating in the daily cleansing cream market report are LVMH Moët Hennessy Louis Vuitton S.E., Procter & Gamble Company, Unilever Plc, Betco Corporation, L'Oréal S.A, Henkel AG And Co. KGaA, Shiseido Co. Ltd., Coty Inc., Galderma S.A, Avon Products Inc., Nu Skin Enterprises Inc, Revlon Inc., Aveda Corporation, Dabur Limited, Marico Limited, Emami Group, PLZ Corp, Cavin Care Group, Sonneborn LLC, Caudalie, Tata Harper Skincare, Intermountain Blending & Filling LLC, Ariel Labs, Tri Pac Inc., A.G Industries, Abbe Laboratories Inc., Botanic Beauty, BioVeda Action Research Company, Himalaya Wellness Company, Tropical Products Inc.
Europe was the largest region in the daily cleansing cream market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the daily cleansing cream market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the daily cleansing cream market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Daily cleansing cream is a skincare product designed to gently cleanse the face by removing dirt, makeup, excess oil, and environmental pollutants without depleting the skin's natural moisture. Its use aims to nourish and hydrate the skin during the cleansing process.
The primary product types of daily cleansing cream include foam type, no foam type, solvent-based type, and collagen type. Foam-based cleansing creams utilize pockets of gas within a liquid or solid material, making them particularly effective for oily or combination skin by removing oil, dirt, and buildup from deep within pores. They are further categorized by technology into water-in-oil (W/O), oil-in-water (O/W), and others. Gender specifications for these products include options for both males and females. Distribution channels encompass retail pharmacies, supermarkets, hypermarkets, online sales, drug stores, and hospital pharmacies.
The daily cleansing cream research report is one of a series of new reports that provides daily cleansing cream market statistics, including the daily cleansing cream industry's global market size, regional shares, competitors with an Daily cleansing cream market share, detailed daily cleansing cream market segments, market trends and opportunities, and any further data you may need to thrive in the daily cleansing cream industry. This daily cleansing cream market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The daily cleansing cream market consists of sales of cold cream, cleansing milk, and cleansing lotions. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
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Table of Contents
Executive Summary
Daily Cleansing Cream Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on daily cleansing cream market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Description
Where is the largest and fastest growing market for daily cleansing cream? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The daily cleansing cream market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
- The impact of higher inflation in many countries and the resulting spike in interest rates.
- The continued but declining impact of COVID-19 on supply chains and consumption patterns.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Product: Foam Type; No Foam Type; Solvent Based; Collagen Type2) By Technology: Water-In-Oil (W/O); Oil-in-Water (O/W); Other Technologies
3) By Gender: Male; Female
4) By Distribution channel: Retail Pharmacies; Supermarket And Hypermarket; Online Sales; Drug Stores; Hospital Pharmacies.
Key Companies Mentioned: LVMH Moët Hennessy Louis Vuitton S.E.; Procter & Gamble Company; Unilever Plc; Betco Corporation; L'Oréal S.A
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
- LVMH Moët Hennessy Louis Vuitton S.E.
- Procter & Gamble Company
- Unilever Plc
- Betco Corporation
- L'Oréal S.A
- Henkel AG And Co. KGaA
- Shiseido Co. Ltd.
- Coty Inc.
- Galderma S.A
- Avon Products Inc.
- Nu Skin Enterprises Inc
- Revlon Inc.
- Aveda Corporation
- Dabur Limited
- Marico Limited
- Emami Group
- PLZ Corp
- Cavin Care Group
- Sonneborn LLC
- Caudalie
- Tata Harper Skincare
- Intermountain Blending & Filling LLC
- Ariel Labs
- Tri Pac Inc.
- A.G Industries
- Abbe Laboratories Inc.
- Botanic Beauty
- BioVeda Action Research Company
- Himalaya Wellness Company
- Tropical Products Inc.
Methodology
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 175 |
Published | April 2024 |
Forecast Period | 2024 - 2028 |
Estimated Market Value ( USD | $ 3.37 Billion |
Forecasted Market Value ( USD | $ 4.38 Billion |
Compound Annual Growth Rate | 6.7% |
Regions Covered | Global |
No. of Companies Mentioned | 30 |