The Europe Dead Sea Mud Cosmetics Market would witness market growth of 11.9% CAGR during the forecast period (2023-2030).
Dead Sea mud cosmetics are skincare products that utilize mud extracted from the Dead Sea, a saltwater lake bordering Jordan to the east and Israel and Palestine to the west. Renowned for its extremely high mineral content, the Dead Sea is one of the saltiest bodies of water globally, containing magnesium, calcium, potassium, and bromides. The unique composition of Dead Sea mud has made it a popular ingredient in various skincare formulations. Dead Sea mud contains a high quantity of minerals beneficial for the skin. Dead Sea mud is also known for its exfoliating properties. It can gently remove dead skin cells, leaving the skin feeling gentler and smoother while promoting skin renewal.
The awareness of individuals regarding overall personality enhancement has experienced a substantial surge on a global scale. Nowadays, individuals can allocate more money toward these cosmetics due to a rise in disposable income. Therefore, personal care products have witnessed significant improvement. These cosmetics, known for their mineral-rich and natural properties, fit well within this growing consumer demand. Consumers are becoming increasingly mindful of the substances they employ on their skin.
Consumers with more spending power might be early adopters of new and innovative cosmetic products. As per Eurostat, in 2022, the total household disposable income of the European Union amounted to €11 586 billion, representing 73.3% (three-quarters) of the GDP value. With 25.5% of the total gross household disposable income in the EU, Germany contributed the most, followed by France (18.3%) and Italy (13%). In 2022, household investment in the European Union was 10.0%. Cyprus and Luxembourg had the highest rates among the Member States, at 15.2% and 13.9%, respectively. Hence, the rising disposable income in the region is propelling the demand for Dead Sea mud cosmetics.
The Germany market dominated the Europe Dead Sea Mud Cosmetics Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $135.7 Million by 2030. The UK market is exhibiting a CAGR of 10.8% during (2023 - 2030). Additionally, The France market would experience a CAGR of 12.7% during (2023 - 2030).
Based on Distribution Channel, the market is segmented into Offline and Online Based on Gender, the market is segmented into Women and Men. Based on Product Type, the market is segmented into Body Care, Facial Care, Hair care, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Dead Sea Mud Cosmetics Market will Hit $2.1 Billion by 2030, at a CAGR of 12.3%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Kawar Cosmetics Srl, Aroma Dead Sea Spa and cosmetics LTD, AVANI Supreme Inc., Dead Sea Premier Cosmetics Laboratories LTD., Ein Gedi Cosmetics & Pharma ltd., Bo International, Muhtaseb Cosmetics Ltd., Jordan Integrated For Mineral Dead Sea Products, AHAVA Dead Sea Laboratories Ltd. and SABON USA
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