Published Date: 26-May-2023
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According to a new report, published by KBV research, The Global Charcoal Facewash Market size is expected to reach $4.8 billion by 2029, rising at a market growth of 5.5% CAGR during the forecast period.
The Cleansing segment acquired maximum revenue share in the Global Charcoal Facewash Market by Application in 2022 thereby, achieving a market value of $1.9 billion by 2029. This is because charcoal facewash cleans the skin and removes impurities and grime from its surface. It is a wonderful alternative for people with oily or acne-prone skin because it is a highly effective treatment that provides deep cleansing and exfoliation. The most popular cosmetic item is charcoal facewash because of its ability to unclog pores and remove blackheads.
The Female segment is showcasing a CAGR of 5.7% during (2023 - 2029) This is owing to the fact that women are increasingly using charcoal facewash because it effectively cleanses and exfoliates the skin. The female sub-segment has grown as a result of women being more meticulous about their skincare routines and preferring to spend more money on skincare products than men. Also, as charcoal facewash is seen as a safer and healthier alternative to conventional facewash solutions, demand for it has grown among women, who are increasingly interested in natural and organic products, propelling the segment's expansion.
The Online Sales Channel segment has shown the growth rate of 5.9% during (2023 - 2029). This is due to the demand for charcoal-based facewash in online marketplaces has been helped by customers' growing preference for online shopping. People favored buying personal care goods, notably facewash, from online marketplaces during COVID-19 to practice social isolation. In addition, customers have shifted from offline to online platforms due to the high discounts offered, smart device penetration, and the capacity to compare prices, which is projected to fuel this segment's growth.
The Asia Pacific market dominated the Global Charcoal Facewash Market by Region in 2022, and would continue to be a dominant market till 2029; thereby, achieving a market value of $2.1 billion by 2029. The Europe market is poised to Grow at a CAGR of 5.2% during (2023 - 2029). Additionally, The North America market would showcase a CAGR of 4.7% during (2023 - 2029).
Full Report: https://www.kbvresearch.com/charcoal-facewash-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Unilever PLC, The Procter and Gamble Company, Beiersdorf AG, Estee Lauder Companies, Inc. (Clinique), L'Oreal Group, Kao Corporation, Wow Skin Science (Body Cupid Pvt Ltd.), Biocrown Biotechnology Co., Ltd., Oxyglow Cosmetics Private Limited.
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Unique Offerings from KBV Research
North America Charcoal Facewash Market size & Opportunities 2023-2029
Europe Charcoal Facewash Market & Growth Forecast 2023-2029
Asia Pacific Charcoal Facewash Market Share & Industry Outlook to 2029
LAMEA Charcoal Facewash Market Growth, Trends & Forecasts 2023-2029