Europe to Lead Makeup Remover Market During Forecast Period

Increasing use of makeup coupled with growing importance of personal hygiene to drive global makeup remover market through 2024

According to TechSci Research report, “Global Makeup Remover Market By Product Type, By Distribution Channel, Competition, Forecast & Opportunities, 2024”, global makeup remover market is projected to register a CAGR of over 8% during 2019-2024 on account of growing demand from end-users, increasing use of cosmetics and growing concern about skin care. Mostly makeup products contain silicone resins for long-lasting properties and such products are difficult to remove with soap and face wash, and thus require proper makeup remover for its easy removal. Makeup removers not only act as cleansers but also hydrate the skin and restore the skin’s natural properties as they are made up of natural ingredients. These factors are anticipated to boost the demand for makeup removers worldwide during the forecast period. However, availability of duplicate makeup remover products might hamper the growth of the market during forecast period.

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Global makeup remover market can be segmented based on product type, by distribution channel and region. On the basis of product type, the market can be segmented into clothes and towelettes, liquids, pads, cleansers and others. Among them, clothes and towelettes segment held the largest shares in 2018 and is expected to witnessed high traction through 2024 on the account of its effective cleaning. Many key players in the market are focusing on incorporating additional features to clothes and towelettes. For instance, Wet Cloths are a new addition by Proctor & Gamble that can be applied to remove dirt, oil and makeup. In terms of region, Europe followed by APAC is anticipated to record the highest growth through 2024 due to the high application of makeup remover and rising concern about the skin care in the regions.

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L’Oréal Group, Johnsons & Johnsons, Estée Lauder Companies Inc, Bobbi Brown Professional Cosmetics, Inc., Avon Products Inc., Bare Escentuals, Inc., Urban Decay Cosmetics, Revlon Group, Kimberly-Clark Corporation, Shiseido Company, Inc., among others are the leading players operating in makeup remover market.

“Global makeup remover market is anticipated to grow at a rapid rate during the forecast period on account of increasing number of working women, changing lifestyle and rapid rise in e-commerce activities. Moreover, easy availability of variety of makeup products coupled with growing popularity of cosmetics in emerging countries would further steer growth in the market during forecast period.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.“Global Makeup Remover Market By Product Type, By Distribution Channel, Competition, Forecast & Opportunities, 2024” has evaluated the future growth potential of global makeup remover market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in global makeup remover market .

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