According to a new report, published by KBV research, The Global Hydrating Spray Market size is expected to reach $7.1 billion by 2030, rising at a market growth of 6.3% CAGR during the forecast period. In the year 2022, the market attained a volume of 2,20,368.0 thousand units (100 ML), experiencing a growth of 6.3% (2019-2022).
There is a growing emphasis on clean beauty, and consumers are increasingly seeking products with transparent and sustainable formulations. Brands in the hydrating spray market are responding by incorporating natural, organic, and eco-friendly ingredients. Sustainable packaging is also becoming a focal point, aligning with the environmentally conscious mindset of many consumers. The trend towards personalized skincare is extending to hydrating sprays. Brands are Product Type customizable options, allowing consumers to tailor the formulation to their specific skin type, concerns, or preferences.
The Male segment would exhibit a CAGR of 6.7% during (2023 - 2030). The overall growth in the men's grooming industry has played a crucial role in driving the hydrating spray market. Men are increasingly exposed to grooming trends through social media, influencers, and marketing campaigns that highlight the benefits of using products like hydrating sprays. Hydrating sprays appeal to men because of their functional benefits and time efficiency. Many men appreciate a hydrating spray's quick and easy application, providing hydration without the need for a complex skincare routine.
The Face segment is registering maximum revenue in the Global Hydrating Spray Market by Product Type in 2022; thereby, achieving a market value of $3.0 billion by 2030. Face segment uplift hydrating sprays provide instant hydration to the facial skin. The fine mist delivers moisture, instantly refreshing and revitalizing the skin. This is particularly beneficial for individuals with dry skin. Face segment uplift sprays are commonly used as a pre-makeup step. By providing hydration and a smooth surface, these sprays help prepare the skin for makeup application. This results in a more even and long-lasting makeup finish.
The Online segment is experiencing a CAGR of 7% during (2023 - 2030). Online platforms provide unparalleled convenience for consumers to browse, compare, and purchase hydrating sprays from the comfort of their homes. This convenience factor significantly contributes to the increasing adoption of hydrating sprays through online channels. Online platforms provide detailed product information, including ingredients, benefits, and usage instructions. Additionally, consumer reviews and ratings play a crucial role in building trust. Positive reviews contribute to the credibility of hydrating sprays, influencing purchase decisions.
Full Report: https://www.kbvresearch.com/hydrating-spray-market/
The Europe region dominated the Global Hydrating Spray Market by Region in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $2.4 billion by 2030. The North America region is anticipated to grow at a CAGR of 6% during (2023 - 2030). Additionally, The Asia Pacific region would witness a CAGR of 7% during (2023 - 2030).
By End User (Volume, Thousand Units (100ml), USD Billion, 2019-2030)
By Product Type (Volume, Thousand Units (100ml), USD Billion, 2019-2030)
By Distribution Channel (Volume, Thousand Units (100ml), USD Billion, 2019-2030)