Dublin, July 15, 2019 (GLOBE NEWSWIRE) -- The "Global Face Wash Market 2019-2023" report has been added to ResearchAndMarkets.com's offering.
Expansion of distribution channels
Vendors are focusing on expanding their customer base by improving their visibility. Therefore, vendors are selling face washes through all types of distribution channels, including drugstores, department store, specialty stores, hypermarkets, convenience stores, and online through e-commerce platforms.
The rising use of smartphones has further increased sales through online third-party or brand-owned websites. Therefore, expanding distribution channels will increase sales for vendors, which will contribute to the growth of the global face wash market. The market is expected to grow at a CAGR of over 4% during the forecast period.
Growing demand for organic and natural products
Consumers are increasingly shifting toward natural and organic skincare products. This shift is primarily attributed to no harmful side-effects of natural ingredients and rising environmental concern. Therefore, the demand for organic face wash is increasing, which will have a positive impact on the overall market growth.
Market Dynamics
The report has observed market growth factors such as the premiumization of cosmetics products, expansion of distribution channels, and social media and celebrity endorsement.
However, challenges such as risk associated with the presence of chemical preservatives, availability of counterfeit products, and high penetration of substitute products may hamper the growth of the face wash industry over the forecast period.
Segments Analyzed
This face wash market analysis considers sales from gel and cream, scrubs, and other segments. The analysis also considers the sales of face wash in APAC, Europe, MEA, North America, and South America.
In 2018, the gel and cream segment held the highest market share, which is expected to remain prevalent over the forecast period. Factors such as the availability of gender-specific gel and cream face washes and their reasonable pricing will significantly help the segment in maintaining its leading market position.
Competitive Landscape
With the presence of several major players, the global face wash market is moderately fragmented. This robust vendor analysis is designed to help clients in improving their market position, and in line with this, this report provides a detailed analysis of several leading face wash producers which include:
Also, the face wash market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies in strategizing and leveraging on all forthcoming growth opportunities.
Key Topics Covered
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: MARKET LANDSCAPE
PART 04: MARKET SIZING
PART 05: FIVE FORCES ANALYSIS
PART 06: MARKET SEGMENTATION BY PRODUCT
PART 07: CUSTOMER LANDSCAPE
PART 08: GEOGRAPHIC LANDSCAPE
PART 09: DECISION FRAMEWORK
PART 10: DRIVERS AND CHALLENGES
PART 11: MARKET TRENDS
PART 12: VENDOR LANDSCAPE
PART 13: VENDOR ANALYSIS
For more information about this report visit https://www.researchandmarkets.com/r/o1scou
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