Global Face Balm Market Size study & Forecast, by Application (Commercial, Household), by End Use (Men, Women), by Distribution Channel (Online, Offline) and Regional Analysis, 2023-2030

Description

List of Tables

Global Face Balm Market is valued at approximately USD 215.23 million in 2022 and is anticipated to grow with a CAGR of more than 9.70% over the forecast period 2023-2030. Face balm is a type of skincare product that is specifically formulated to provide nourishment, hydration, and protection to the skin on the face. It is typically a thick, creamy, or waxy substance that is designed to be applied topically. Moreover, rising household disposable income and rising use of skin care products are anticipated as the growth drivers of this market. Furthermore, the rising cosmetic industry and expansion of the e-commerce market elevate the market during the forecasted period 2023-2030.

According to Statista in 2021, the United States recorded the highest gross adjusted per capita household disposable income among Organization for Economic Co-operation and Development (OECD) countries, reaching approximately USD 62,335. Luxembourg ranked second with around USD 51,465, closely followed by Australia in third place. According to Statista in 2023, the skin care segment of the beauty & personal care market is expected to experience continuous revenue growth from 2023 to 2027, with a total increase of USD 25.9 billion which is 16.61 percent by 2027, the estimated revenue is expected to reach approximately USD 181,534.92 million. Thus, the rapidly growing adaptation of cosmetic or skin care products among consumers and attracting customers through various influencer marketing, significantly contribute to the rise of the Global Face Balm Market. However, rapidly changing consumer preferences and increasing potential skin allergies may hamper the growth of this market during the forecasted year 2023-2030.

The key regions considered for the Global Face Balm Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. Asia Pacific region dominates the face balm market due to a large consumer base, the influence of K-beauty and J-beauty trends, urbanization, and the expansion of e-commerce. These factors contribute to the region's strong market presence and highlight the demand for face balms in this dynamic and diverse market. Asia Pacific region is the fastest-growing region in the global face balm market due to expanding middle-class population, rapid urbanization, changing consumer preferences, the influence of social media and beauty trends. These factors have propelled the region's growth, presenting significant opportunities for companies operating in the face balm market.

Major market player included in this report are:

Weleda AG
UpCircle Beauty
Nuxe Group
Naturium Solutions LLP
W.S. Badger Co. Inc.
Pangaea Holdings Inc.
Pinch of Colour LLC
Silicon2 Co., Ltd.
Salty Family Group Co., Ltd.
Franline Ltd

Recent Developments in the Market:

In June 2020, Unilever announced a significant change for their skincare products. They are no longer using words such as "fair," "fairness," "white," "whitening," and "light" in the packaging and marketing materials. This shift reflects Unilever's commitment to embracing a more inclusive vision of beauty. As part of this transformation, the Fair & Lovely brand name is also being modified in the upcoming months.
In September 2022, L'Oreal might be sued for making collagen promises that reduce wrinkles. The products are unable to "smooth wrinkles" and "restore skin's cushion" as the labels claim because topically administered collagen is too big to be absorbed by the epidermis, the top layer of skin.

Global Face Balm Market Report Scope:

Historical Data: 2020 - 2021
Base Year for Estimation: 2022
Forecast period: 2023-2030
Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered - Application, End Use, Distribution Channel, Region
Regional Scope: North America; Europe; Asia Pacific; Latin America; Middle East & Africa
Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Application:

Commercial
Household

By End Use:

Men
Women

By Distribution Channel:

Online
Offline

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Chapter 1. Executive Summary

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Million)
- 1.2.1. Face Balm Market, by Region, 2020-2030 (USD Million)
- 1.2.2. Face Balm Market, by Application, 2020-2030 (USD Million)
- 1.2.3. Face Balm Market, by End User, 2020-2030 (USD Million)
- 1.2.4. Face Balm Market, by Distribution Channel, 2020-2030 (USD Million)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

Chapter 2. Global Face Balm Market Definition and Scope

2.1. Objective of the Study
2.2. Market Definition & Scope
- 2.2.1. Industry Evolution
- 2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

Chapter 3. Global Face Balm Market Dynamics

3.1. Face Balm Market Impact Analysis (2020-2030)
- 3.1.1. Market Drivers
  - 3.1.1.1. Rising Household Disposable Income
  - 3.1.1.2. Rising Use of Skin Care Products
- 3.1.2. Market Challenges
  - 3.1.2.1. Increased knowledge of the harmful implications of chemical-based cosmetics
- 3.1.3. Market Opportunities
  - 3.1.3.1. Rising Cosmetic Industry
  - 3.1.3.2. Expansion of E-Commerce Market

Chapter 4. Global Face Balm Market End User Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. Porter's 5 Force Impact Analysis
4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. End User Expert Perspective
4.9. Analyst Recommendation & Conclusion

Chapter 5. Global Face Balm Market, by Application

5.1. Market Snapshot
5.2. Global Face Balm Market by Application, Performance - Potential Analysis
5.3. Global Face Balm Market Estimates & Forecasts by Application 2020-2030 (USD Million)
5.4. Face Balm Market, Sub Segment Analysis
- 5.4.1. Commercial
- 5.4.2. Household

Chapter 6. Global Face Balm Market, by End User

6.1. Market Snapshot
6.2. Global Face Balm Market by End User, Performance - Potential Analysis
6.3. Global Face Balm Market Estimates & Forecasts by End User 2020-2030 (USD Million)
6.4. Face Balm Market, Sub Segment Analysis
- 6.4.1. Men
- 6.4.2. Women

Chapter 7. Global Face Balm Market, by Distribution Channel

7.1. Market Snapshot
7.2. Global Face Balm Market by Distribution Channel, Performance - Potential Analysis
7.3. Global Face Balm Market Estimates & Forecasts by Distribution Channel 2020-2030 (USD Million)
7.4. Face Balm Market, Sub Segment Analysis
- 7.4.1. Online
- 7.4.2. Offline

Chapter 8. Global Face Balm Market, Regional Analysis

8.1. Top Leading Countries
8.2. Top Emerging Countries
8.3. Face Balm Market, Regional Market Snapshot
8.4. North America Face Balm Market
- 8.4.1. U.S. Face Balm Market
  - 8.4.1.1. Application breakdown estimates & forecasts, 2020-2030
  - 8.4.1.2. End User breakdown estimates & forecasts, 2020-2030
  - 8.4.1.3. Distribution Channel breakdown estimates & forecasts, 2020-2030
- 8.4.2. Canada Face Balm Market
8.5. Europe Face Balm Market Snapshot
- 8.5.1. U.K. Face Balm Market
- 8.5.2. Germany Face Balm Market
- 8.5.3. France Face Balm Market
- 8.5.4. Spain Face Balm Market
- 8.5.5. Italy Face Balm Market
- 8.5.6. Rest of Europe Face Balm Market
8.6. Asia-Pacific Face Balm Market Snapshot
- 8.6.1. China Face Balm Market
- 8.6.2. India Face Balm Market
- 8.6.3. Japan Face Balm Market
- 8.6.4. Australia Face Balm Market
- 8.6.5. South Korea Face Balm Market
- 8.6.6. Rest of Asia Pacific Face Balm Market
8.7. Latin America Face Balm Market Snapshot
- 8.7.1. Brazil Face Balm Market
- 8.7.2. Mexico Face Balm Market
8.8. Middle East & Africa Face Balm Market
- 8.8.1. Saudi Arabia Face Balm Market
- 8.8.2. South Africa Face Balm Market
- 8.8.3. Rest of Middle East & Africa Face Balm Market

Chapter 9. Competitive Intelligence

9.1. Key Company SWOT Analysis
- 9.1.1. Company 1
- 9.1.2. Company 2
- 9.1.3. Company 3
9.2. Top Market Strategies
9.3. Company Profiles
- 9.3.1. Weleda AG
  - 9.3.1.1. Key Information
  - 9.3.1.2. Overview
  - 9.3.1.3. Financial (Subject to Data Availability)
  - 9.3.1.4. Product Summary
  - 9.3.1.5. Recent Developments
- 9.3.2. UpCircle Beauty
- 9.3.3. Nuxe Group
- 9.3.4. Naturium Solutions LLP
- 9.3.5. W.S. Badger Co. Inc.
- 9.3.6. Pangaea Holdings Inc.
- 9.3.7. Pinch of Colour LLC
- 9.3.8. Silicon2 Co., Ltd.
- 9.3.9. Salty Family Group Co., Ltd.
- 9.3.10. Franline Ltd

Chapter 10. Research Process

10.1. Research Process
- 10.1.1. Data Mining
- 10.1.2. Analysis
- 10.1.3. Market Estimation
- 10.1.4. Validation
- 10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Face Balm Market, report scope
TABLE 2. Global Face Balm Market estimates & forecasts by Region 2020-2030 (USD Million)
TABLE 3. Global Face Balm Market estimates & forecasts by Application 2020-2030 (USD Million)
TABLE 4. Global Face Balm Market estimates & forecasts by End User 2020-2030 (USD Million)
TABLE 5. Global Face Balm Market estimates & forecasts by Distribution Channel 2020-2030 (USD Million)
TABLE 6. Global Face Balm Market by segment, estimates & forecasts, 2020-2030 (USD Million)
TABLE 7. Global Face Balm Market by region, estimates & forecasts, 2020-2030 (USD Million)
TABLE 8. Global Face Balm Market by segment, estimates & forecasts, 2020-2030 (USD Million)
TABLE 9. Global Face Balm Market by region, estimates & forecasts, 2020-2030 (USD Million)
TABLE 10. Global Face Balm Market by segment, estimates & forecasts, 2020-2030 (USD Million)
TABLE 11. Global Face Balm Market by region, estimates & forecasts, 2020-2030 (USD Million)
TABLE 12. Global Face Balm Market by segment, estimates & forecasts, 2020-2030 (USD Million)
TABLE 13. Global Face Balm Market by region, estimates & forecasts, 2020-2030 (USD Million)
TABLE 14. Global Face Balm Market by segment, estimates & forecasts, 2020-2030 (USD Million)
TABLE 15. Global Face Balm Market by region, estimates & forecasts, 2020-2030 (USD Million)
TABLE 16. U.S. Face Balm Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 17. U.S. Face Balm Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 18. U.S. Face Balm Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 19. Canada Face Balm Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 20. Canada Face Balm Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 21. Canada Face Balm Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 22. UK Face Balm Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 23. UK Face Balm Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 24. UK Face Balm Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 25. Germany Face Balm Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 26. Germany Face Balm Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 27. Germany Face Balm Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 28. France Face Balm Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 29. France Face Balm Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 30. France Face Balm Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 31. Italy Face Balm Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 32. Italy Face Balm Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 33. Italy Face Balm Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 34. Spain Face Balm Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 35. Spain Face Balm Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 36. Spain Face Balm Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 37. RoE Face Balm Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 38. RoE Face Balm Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 39. RoE Face Balm Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 40. China Face Balm Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 41. China Face Balm Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 42. China Face Balm Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 43. India Face Balm Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 44. India Face Balm Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 45. India Face Balm Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 46. Japan Face Balm Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 47. Japan Face Balm Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 48. Japan Face Balm Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 49. South Korea Face Balm Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 50. South Korea Face Balm Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 51. South Korea Face Balm Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 52. Australia Face Balm Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 53. Australia Face Balm Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 54. Australia Face Balm Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 55. RoAPAC Face Balm Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 56. RoAPAC Face Balm Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 57. RoAPAC Face Balm Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 58. Brazil Face Balm Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 59. Brazil Face Balm Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 60. Brazil Face Balm Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 61. Mexico Face Balm Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 62. Mexico Face Balm Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 63. Mexico Face Balm Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 64. RoLA Face Balm Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 65. RoLA Face Balm Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 66. RoLA Face Balm Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 67. Saudi Arabia Face Balm Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 68. South Africa Face Balm Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 69. RoMEA Face Balm Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 70. List of secondary sources, used in the study of global Face Balm Market
TABLE 71. List of primary sources, used in the study of global Face Balm Market
TABLE 72. Years considered for the study
TABLE 73. Exchange rates considered

List of tables and figures and dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

FIG 1. Global Face Balm Market, research methodology
FIG 2. Global Face Balm Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Face Balm Market, key trends 2022
FIG 5. Global Face Balm Market, growth prospects 2023-2030
FIG 6. Global Face Balm Market, porters 5 force model
FIG 7. Global Face Balm Market, pest analysis
FIG 8. Global Face Balm Market, value chain analysis
FIG 9. Global Face Balm Market by segment, 2020 & 2030 (USD Million)
FIG 10. Global Face Balm Market by segment, 2020 & 2030 (USD Million)
FIG 11. Global Face Balm Market by segment, 2020 & 2030 (USD Million)
FIG 12. Global Face Balm Market by segment, 2020 & 2030 (USD Million)
FIG 13. Global Face Balm Market by segment, 2020 & 2030 (USD Million)
FIG 14. Global Face Balm Market, regional snapshot 2020 & 2030
FIG 15. North America Face Balm Market 2020 & 2030 (USD Million)
FIG 16. Europe Face Balm Market 2020 & 2030 (USD Million)
FIG 17. Asia pacific Face Balm Market 2020 & 2030 (USD Million)
FIG 18. Latin America Face Balm Market 2020 & 2030 (USD Million)
FIG 19. Middle East & Africa Face Balm Market 2020 & 2030 (USD Million)