The US market dominated the North America Micellar Water Market by Country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $1.22 billion by 2031. The Canada market is experiencing a CAGR of 7.7% during 2024-2031. Additionally, the Mexico market would exhibit a CAGR of 7.1% during 2024-2031.
This water is a type of skincare product that has gained widespread popularity for its gentle yet effective cleansing properties. It is a multi-functional liquid used to cleanse the skin, remove makeup, and even tone without rinsing. The key component of this water is the presence of micelles - tiny, round clusters of molecules that have both hydrophilic (water-attracting) and lipophilic (oil-attracting) properties.
The micelles in this water work like magnets, attracting and trapping dirt, oil, makeup, and other impurities from the skin’s surface. Upon application to a cotton pad and subsequent swipe across the skin, this water effectively removes these impurities without harsh scouring or rinsing. This makes it especially popular among people with sensitive skin, as it is generally formulated to be gentle, free from harsh chemicals, and suitable for daily use.
In Canada, the demand for this water is influenced by the country's harsh climate, particularly during winter, which often results in dry skin. In addition, the aging population is a significant factor, as older individuals are inclined to choose skincare products that cater to their age-related needs. According to Statistics Canada, the 2021 Census reported over 861,000 individuals aged 85 and above, more than double the figure from the 2001 Census, highlighting the growing demand for hydrating solutions.
The expansion of the middle class in Mexico, along with an increase in disposable income, has led to an increase in the demand for micellar water. This demand is being driven by an increase in the number of people purchasing personal care goods. The country's warm climate further fuels the demand for lightweight, non-greasy skincare products that provide effective hydration without feeling heavy. Hence, the region will present lucrative growth prospects for the market.
List of Key Companies Profiled
- L'Oréal S.A.
- Pacifica Beauty LLC
- Unilever PLC
- Kao Corporation
- NAOS
- The Estee Lauder Companies, Inc.
- Johnson and Johnson
- Pierre Fabre S.A
- Avon Products, Inc. (Natura &Co Holding S.A.)
- Amway Corporation
Market Report Segmentation
By Application
- Women
- Men
By Distribution Channel
- Hypermarkets and Supermarkets
- Pharmacies and Drugstores
- Specialty Stores
- Online
- Other Distribution Channels
By Country
- US
- Canada
- Mexico
- Rest of North America
Table of Contents
Companies Mentioned
Some of the key companies profiled in this North America Micellar Water market report include:- L'Oréal S.A.
- Pacifica Beauty LLC
- Unilever PLC
- Kao Corporation
- NAOS
- The Estee Lauder Companies, Inc.
- Johnson & Johnson
- Pierre Fabre S.A
- Avon Products, Inc. (Natura &Co Holding S.A.)
- Amway Corporation
Methodology
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