The Global Face Balm Market size is expected to reach $334.5 Million by 2028, rising at a market growth of 8.7% CAGR during the forecast period.
Face balm is a type of thick balm that is used to nourish, heal, and protect the skin on the face. There are many different face balm formulations available to treat different skin types and skin issues. Face balms are frequently gender-neutral, but those that do contain fragrance are designed to appeal to both men and women who enjoy different kinds of scents. The weight and thickness of the face balm allow it to be identified from other forms of moisturizers.
The strongest moisturizer is usually a balm, which is made of wax or oil and normally doesn't include any water. In order to address blemishes, abrasions, and skin damage brought on by aging, exposure to the sun or weather, and other reasons, face balms are applied to the skin. In order to give the face a more beautiful appearance, face balms are also used as face cleaners. Face cleansing products help remove unwanted dead cells and impurity materials by clearing the cell pour as they are being used. To improve facial beauty, cleansing balms moisturize and nourish the skin.
The predicted growth of the face balm market is due to the proliferation of the product's demand on a global scale. Additionally, as the waterless beauty trend gains hold, sales of cosmetics have soared. Independent companies have done a lot to advance the idea of waterless cosmetics. Positive consumer reactions further encouraged luxury and mass-market businesses to broaden their business horizons in waterless beauty, which in turn fueled the face balm industry's expansion.
Additionally, appealing marketing strategies and new packaging trends are the main factors driving the face balm market demand. Additionally, using natural ingredients in the creation of skin-safe cosmetics and facial care products is a frequent strategy employed by manufacturers to attract more clients. This helps to increase the revenue of companies operating in this industry. The makers' collaborative employment of these techniques has led to an increase in market trends for face balm.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Unilever PLC (REN Clean Skincare), L'Oreal Group (CeraVe), Weleda AG, Pangaea Holdings, Inc., Naturium, Pinch of Colour LLC, UpCircle Beauty, and W.S. Badger Company, Inc.
Face balm is a type of thick balm that is used to nourish, heal, and protect the skin on the face. There are many different face balm formulations available to treat different skin types and skin issues. Face balms are frequently gender-neutral, but those that do contain fragrance are designed to appeal to both men and women who enjoy different kinds of scents. The weight and thickness of the face balm allow it to be identified from other forms of moisturizers.
The strongest moisturizer is usually a balm, which is made of wax or oil and normally doesn't include any water. In order to address blemishes, abrasions, and skin damage brought on by aging, exposure to the sun or weather, and other reasons, face balms are applied to the skin. In order to give the face a more beautiful appearance, face balms are also used as face cleaners. Face cleansing products help remove unwanted dead cells and impurity materials by clearing the cell pour as they are being used. To improve facial beauty, cleansing balms moisturize and nourish the skin.
The predicted growth of the face balm market is due to the proliferation of the product's demand on a global scale. Additionally, as the waterless beauty trend gains hold, sales of cosmetics have soared. Independent companies have done a lot to advance the idea of waterless cosmetics. Positive consumer reactions further encouraged luxury and mass-market businesses to broaden their business horizons in waterless beauty, which in turn fueled the face balm industry's expansion.
Additionally, appealing marketing strategies and new packaging trends are the main factors driving the face balm market demand. Additionally, using natural ingredients in the creation of skin-safe cosmetics and facial care products is a frequent strategy employed by manufacturers to attract more clients. This helps to increase the revenue of companies operating in this industry. The makers' collaborative employment of these techniques has led to an increase in market trends for face balm.
COVID-19 Impact Analysis
In many parts of the world, the COVID-19 pandemic compelled an immediate lockdown to stop the virus from spreading, leading to the swift shutdown of factories, stores, and other businesses. Travel restrictions and a sharp decline in demand and supply have hurt the market for non-essential goods. Due to a manpower scarcity brought on by the global lockdown, manufacturers of skincare products were forced to close their production facilities. Additionally, a lot of cosmetics stores had to close due to the pandemic. Retail store closures brought about by severe lockdown measures also had disastrous effects, with sales falling by a significant amount. As consumers spent less on cosmetics and personal care items, businesses positively addressed the situation by expanding their production capabilities and providing hand sanitizers and cleaning supplies.Market Growth Factors
Rising expenditure from major market players
Research and development (R&D), as well as advertising and promotions, are what drives the whole cosmetics business. Key parties are making significant investments in these components to affect customer purchasing behavior and raise product appeal in the retail environment. Additionally, the growing use of the internet in underdeveloped countries has changed how major corporations approach their advertising budgeting. The 'major shift' that the main players are undergoing is causing them to spend more on advertising and promotions in reaction to the globalization of society. During the projection period, all of this is expected to assist the market expansion around the world.Rising awareness of skincare products constituents
There are many topical treatments like balms that treat or stop the signs of ageing. Retinol is crucial for minimizing the effects of ageing. Retinol, an active form of vitamin A, is another type that can be detected. By replenishing vitamin, A in the body, retinol and retinoic acid aid to improve cell regeneration, build collagen, lessen discoloration, and repair wrinkles. Another key ingredient in anti-aging skincare products, antioxidants support skin healing and repair in aged skin. However, prevention is the main anti-aging benefit. During the projection period, all of this is expected to assist the market expansion around the world.Market Restraining Factors
Side effects of using low grade products
A decent face cream will often cost a little bit more, but certain well-known brands have been in the facial skincare business for a long time because of their excellent outcomes. The user may experience skin irritation and dryness when they use the wrong face balm or when it's difficult to discover one that's perfect for them. Some facial balms have oils in them that stop water from evaporating, which can clog pores and lead to acne. These oils include petrolatum and lanolin. All of this may limit the use of face balms and hence limit market expansion.Application Outlook
Based on application, the face balm market is categorized as commercial and residential. The residential segment held the highest revenue share in the face balm market in 2021. As people become increasingly aware of the advantages of using face balms, household use of cosmetics for personal use is increasing. Customers have been urged to use face balm every day to shield their skin from damage caused by dust, air pollution, and direct sun exposure. Worldwide, the personal use of people by individuals dominates a sizeable percentage of the cosmetics industry.End Use Outlook
On the basis of end use, the face balm market is segmented into men and women. The men segment recorded a significant revenue share in the face balm market in 2021. The market for men's skincare is expanding mostly due to rising disposable income, product releases, celebrity endorsements, and male consumers' increasing awareness of personal cleanliness and regular grooming. As a result, men are increasingly interested in specialty skincare products like anti-aging and sun protection creams in addition to more general grooming essentials like deodorants, razors, and face wash. In the near future, men's demand for sunscreen and anti-aging products is anticipated to increase significantly.Distribution Channel Outlook
Based on distribution channel, the face balm market is divided into online and offline. The offline segment generated the maximum revenue share in the face balm market in 2021. Manufacturers consistently strive to increase the visibility of their products on store shelves; as a result, they concentrate primarily on offline sales. As a result, face balms and other facial care products are available offline in greater numbers. Additionally, the market is expanding as a result of the widespread accessibility of face balms at offline cosmetic stores.Regional Outlook
On the basis of region, the face balm market is analyzed across North America, Europe, Asia Pacific, and LAMEA. The Asia-Pacific region led the face balm market by generating maximum revenue share in the face balm market in 2021. With a highly developed infrastructure and a sizable research and development base, the region will be able to control the global market in terms of revenue for the predicted amount of time. The worldwide cosmetics industry is one of the most diverse and active markets. Skin care, sun protection, moisturizers, and various types of face balms are some of the most popular cosmetic product categories in the region.The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Unilever PLC (REN Clean Skincare), L'Oreal Group (CeraVe), Weleda AG, Pangaea Holdings, Inc., Naturium, Pinch of Colour LLC, UpCircle Beauty, and W.S. Badger Company, Inc.
Scope of the Study
Market Segments Covered in the Report:
By Application
- Residential
- Commercial
By End Use
- Women
- Men
By Distribution Channel
- Offline
- Online
By Geography
North America
- US
- Canada
- Mexico
- Rest of North America
Europe
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
LAMEA
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Unilever PLC (REN Clean Skincare)
- L'Oreal Group (CeraVe)
- Weleda AG
- Pangaea Holdings, Inc
- Naturium
- Pinch of Colour LLC
- UpCircle Beauty
- W.S. Badger Company, Inc
Unique Offerings
- Exhaustive coverage
- The highest number of Market tables and figures
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- Assured post sales research support with 10% customization free
Table of Contents
Chapter 1. Market Scope & Methodology1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Global Face Balm Market, by Application
1.4.2 Global Face Balm Market, by End Use
1.4.3 Global Face Balm Market, by Distribution Channel
1.4.4 Global Face Balm Market, by Geography
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Global Face Balm Market by Application
3.1 Global Residential Market by Region
3.2 Global Commercial Market by Region
Chapter 4. Global Face Balm Market by End Use
4.1 Global Women Market by Region
4.2 Global Men Market by Region
Chapter 5. Global Face Balm Market by Distribution Channel
5.1 Global Offline Market by Region
5.2 Global Online Market by Region
Chapter 6. Global Face Balm Market by Region
6.1 North America Face Balm Market
6.1.1 North America Face Balm Market by Application
6.1.1.1 North America Residential Market by Country
6.1.1.2 North America Commercial Market by Country
6.1.2 North America Face Balm Market by End Use
6.1.2.1 North America Women Market by Country
6.1.2.2 North America Men Market by Country
6.1.3 North America Face Balm Market by Distribution Channel
6.1.3.1 North America Offline Market by Country
6.1.3.2 North America Online Market by Country
6.1.4 North America Face Balm Market by Country
6.1.4.1 US Face Balm Market
6.1.4.1.1 US Face Balm Market by Application
6.1.4.1.2 US Face Balm Market by End Use
6.1.4.1.3 US Face Balm Market by Distribution Channel
6.1.4.2 Canada Face Balm Market
6.1.4.2.1 Canada Face Balm Market by Application
6.1.4.2.2 Canada Face Balm Market by End Use
6.1.4.2.3 Canada Face Balm Market by Distribution Channel
6.1.4.3 Mexico Face Balm Market
6.1.4.3.1 Mexico Face Balm Market by Application
6.1.4.3.2 Mexico Face Balm Market by End Use
6.1.4.3.3 Mexico Face Balm Market by Distribution Channel
6.1.4.4 Rest of North America Face Balm Market
6.1.4.4.1 Rest of North America Face Balm Market by Application
6.1.4.4.2 Rest of North America Face Balm Market by End Use
6.1.4.4.3 Rest of North America Face Balm Market by Distribution Channel
6.2 Europe Face Balm Market
6.2.1 Europe Face Balm Market by Application
6.2.1.1 Europe Residential Market by Country
6.2.1.2 Europe Commercial Market by Country
6.2.2 Europe Face Balm Market by End Use
6.2.2.1 Europe Women Market by Country
6.2.2.2 Europe Men Market by Country
6.2.3 Europe Face Balm Market by Distribution Channel
6.2.3.1 Europe Offline Market by Country
6.2.3.2 Europe Online Market by Country
6.2.4 Europe Face Balm Market by Country
6.2.4.1 Germany Face Balm Market
6.2.4.1.1 Germany Face Balm Market by Application
6.2.4.1.2 Germany Face Balm Market by End Use
6.2.4.1.3 Germany Face Balm Market by Distribution Channel
6.2.4.2 UK Face Balm Market
6.2.4.2.1 UK Face Balm Market by Application
6.2.4.2.2 UK Face Balm Market by End Use
6.2.4.2.3 UK Face Balm Market by Distribution Channel
6.2.4.3 France Face Balm Market
6.2.4.3.1 France Face Balm Market by Application
6.2.4.3.2 France Face Balm Market by End Use
6.2.4.3.3 France Face Balm Market by Distribution Channel
6.2.4.4 Russia Face Balm Market
6.2.4.4.1 Russia Face Balm Market by Application
6.2.4.4.2 Russia Face Balm Market by End Use
6.2.4.4.3 Russia Face Balm Market by Distribution Channel
6.2.4.5 Spain Face Balm Market
6.2.4.5.1 Spain Face Balm Market by Application
6.2.4.5.2 Spain Face Balm Market by End Use
6.2.4.5.3 Spain Face Balm Market by Distribution Channel
6.2.4.6 Italy Face Balm Market
6.2.4.6.1 Italy Face Balm Market by Application
6.2.4.6.2 Italy Face Balm Market by End Use
6.2.4.6.3 Italy Face Balm Market by Distribution Channel
6.2.4.7 Rest of Europe Face Balm Market
6.2.4.7.1 Rest of Europe Face Balm Market by Application
6.2.4.7.2 Rest of Europe Face Balm Market by End Use
6.2.4.7.3 Rest of Europe Face Balm Market by Distribution Channel
6.3 Asia Pacific Face Balm Market
6.3.1 Asia Pacific Face Balm Market by Application
6.3.1.1 Asia Pacific Residential Market by Country
6.3.1.2 Asia Pacific Commercial Market by Country
6.3.2 Asia Pacific Face Balm Market by End Use
6.3.2.1 Asia Pacific Women Market by Country
6.3.2.2 Asia Pacific Men Market by Country
6.3.3 Asia Pacific Face Balm Market by Distribution Channel
6.3.3.1 Asia Pacific Offline Market by Country
6.3.3.2 Asia Pacific Online Market by Country
6.3.4 Asia Pacific Face Balm Market by Country
6.3.4.1 China Face Balm Market
6.3.4.1.1 China Face Balm Market by Application
6.3.4.1.2 China Face Balm Market by End Use
6.3.4.1.3 China Face Balm Market by Distribution Channel
6.3.4.2 Japan Face Balm Market
6.3.4.2.1 Japan Face Balm Market by Application
6.3.4.2.2 Japan Face Balm Market by End Use
6.3.4.2.3 Japan Face Balm Market by Distribution Channel
6.3.4.3 India Face Balm Market
6.3.4.3.1 India Face Balm Market by Application
6.3.4.3.2 India Face Balm Market by End Use
6.3.4.3.3 India Face Balm Market by Distribution Channel
6.3.4.4 South Korea Face Balm Market
6.3.4.4.1 South Korea Face Balm Market by Application
6.3.4.4.2 South Korea Face Balm Market by End Use
6.3.4.4.3 South Korea Face Balm Market by Distribution Channel
6.3.4.5 Singapore Face Balm Market
6.3.4.5.1 Singapore Face Balm Market by Application
6.3.4.5.2 Singapore Face Balm Market by End Use
6.3.4.5.3 Singapore Face Balm Market by Distribution Channel
6.3.4.6 Malaysia Face Balm Market
6.3.4.6.1 Malaysia Face Balm Market by Application
6.3.4.6.2 Malaysia Face Balm Market by End Use
6.3.4.6.3 Malaysia Face Balm Market by Distribution Channel
6.3.4.7 Rest of Asia Pacific Face Balm Market
6.3.4.7.1 Rest of Asia Pacific Face Balm Market by Application
6.3.4.7.2 Rest of Asia Pacific Face Balm Market by End Use
6.3.4.7.3 Rest of Asia Pacific Face Balm Market by Distribution Channel
6.4 LAMEA Face Balm Market
6.4.1 LAMEA Face Balm Market by Application
6.4.1.1 LAMEA Residential Market by Country
6.4.1.2 LAMEA Commercial Market by Country
6.4.2 LAMEA Face Balm Market by End Use
6.4.2.1 LAMEA Women Market by Country
6.4.2.2 LAMEA Men Market by Country
6.4.3 LAMEA Face Balm Market by Distribution Channel
6.4.3.1 LAMEA Offline Market by Country
6.4.3.2 LAMEA Online Market by Country
6.4.4 LAMEA Face Balm Market by Country
6.4.4.1 Brazil Face Balm Market
6.4.4.1.1 Brazil Face Balm Market by Application
6.4.4.1.2 Brazil Face Balm Market by End Use
6.4.4.1.3 Brazil Face Balm Market by Distribution Channel
6.4.4.2 Argentina Face Balm Market
6.4.4.2.1 Argentina Face Balm Market by Application
6.4.4.2.2 Argentina Face Balm Market by End Use
6.4.4.2.3 Argentina Face Balm Market by Distribution Channel
6.4.4.3 UAE Face Balm Market
6.4.4.3.1 UAE Face Balm Market by Application
6.4.4.3.2 UAE Face Balm Market by End Use
6.4.4.3.3 UAE Face Balm Market by Distribution Channel
6.4.4.4 Saudi Arabia Face Balm Market
6.4.4.4.1 Saudi Arabia Face Balm Market by Application
6.4.4.4.2 Saudi Arabia Face Balm Market by End Use
6.4.4.4.3 Saudi Arabia Face Balm Market by Distribution Channel
6.4.4.5 South Africa Face Balm Market
6.4.4.5.1 South Africa Face Balm Market by Application
6.4.4.5.2 South Africa Face Balm Market by End Use
6.4.4.5.3 South Africa Face Balm Market by Distribution Channel
6.4.4.6 Nigeria Face Balm Market
6.4.4.6.1 Nigeria Face Balm Market by Application
6.4.4.6.2 Nigeria Face Balm Market by End Use
6.4.4.6.3 Nigeria Face Balm Market by Distribution Channel
6.4.4.7 Rest of LAMEA Face Balm Market
6.4.4.7.1 Rest of LAMEA Face Balm Market by Application
6.4.4.7.2 Rest of LAMEA Face Balm Market by End Use
6.4.4.7.3 Rest of LAMEA Face Balm Market by Distribution Channel
Chapter 7. Company Profiles
7.1 L'Oreal Group (CeraVe)
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental and Regional Analysis
7.1.4 Recent strategies and developments:
7.1.4.1 Product Launches and Product Expansions:
7.1.5 SWOT Analysis
7.2 Unilever PLC (REN Clean Skincare)
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Segmental and Regional Analysis
7.2.4 Research & Development Expense
7.3 Weleda AG
7.3.1 Company overview
7.3.2 Financial Analysis
7.3.3 Segmental and Regional Analysis
7.4 Pangaea Holdings, Inc.
7.4.1 Company Overview
7.5 Naturium
7.5.1 Company Overview
7.5.2 Recent strategies and developments:
7.5.2.1 Product Launches and Product Expansions:
7.6 Pinch of Colour LLC
7.6.1 Company Overview
7.7 UpCircle Beauty
7.7.1 Company Overview
7.8 W.S. Badger Company, Inc.
7.8.1 Company Overview
Companies Mentioned
- Unilever PLC (REN Clean Skincare)
- L'Oreal Group (CeraVe)
- Weleda AG
- Pangaea Holdings, Inc.
- Naturium
- Pinch of Colour LLC
- UpCircle Beauty
- W.S. Badger Company, Inc.
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 162 |
| Published | January 2023 |
| Forecast Period | 2021 - 2028 |
| Estimated Market Value ( USD | $ 188 Million |
| Forecasted Market Value ( USD | $ 334.5 Million |
| Compound Annual Growth Rate | 8.7% |
| Regions Covered | Global |
| No. of Companies Mentioned | 8 |
