PUBLISHER: Allied Market Research | PRODUCT CODE: 1140237
PUBLISHER: Allied Market Research | PRODUCT CODE: 1140237
The global electric face cleanser market was valued at $5,815.1 million in 2021, and is projected to reach $10,638.3 million by 2031, registering a CAGR of 6.3% from 2022 to 2031. The economy segment was the highest revenue contributor and is estimated to reach $4,891.4 million by 2031, with a CAGR of 5.9%.
The electric face cleanser is the device used for the skin care treatment and provide a gentle cleanse. It helps to improve the blood circulation and help in eliminating dirt, makeup, oil with the help of oscillation technology.
Raise in trend to maintain prolonged beauty, improvement in lifestyle, and increase in female workforce are the key factors substantially bolster the demand for electric face cleanser products. Global per capita income has witnessed a strong growth rate over past few years, particularly in emerging economies. Increase in urbanization, growth of middle-class consumers, and surge in rate of female participation in labor force in many developing and developed markets has encouraged adoption of convenience-oriented lifestyles, making personal care products more desirable. According to estimates, per capita income in the next decade is expected to increase at a significant rate in developing countries compared to developed countries. This has significant implications for growth of the electric face cleanser market.
Moreover, owing to the outbreak of the COVID-19 pandemic, manufacturers have increased social media advertisement for using electric face cleanser products to reach a large consumer base. However, implementation of lockdown and curfew practices globally has affected domestic as well as international production of electric face cleanser products, which, in turn, hampers growth of the overall market. Thus, the outbreak of COVID-19 has negatively impacted the electric face cleanser market in 2020, as sales of companies have reduced and operations have been halted.
The global electric face cleanser market is segmented into price range, application, distribution channel, and region. On the basis of price range, the market is classified into economy, mid-range and premium. Depending on application, it is segregated commercial and household. As per distribution channel, it is categorized into online and offline. Region wise, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, UK, France, Italy, Spain, and the rest of Europe), Asia-Pacific (China, Japan, India, Australia, South Korea and the rest of Asia-Pacific), and LAMEA (Brazil, Argentina, South Africa, Saudi Arabia, United Arab Emirates, and the rest of LAMEA).
The major key players in the electric face cleanser market are L'Oreal S.A., Amore Pacific Corp, Hitachi Ltd, Conair Corp, Clinique Laboratories, Koninklijke Philips N.V., Guthy-Renker, Panasonic Corporation, Foreo, The Procter & Gamble Company, Beurer GmbH, and The Proactiv Company LLC.
Key Benefits For Stakeholders
Key Market Segments
By Price Range
By Application
By Distribution Channel
By Region