Electric Face Cleansers Market – Major Revenue Gains are Expected by 2032
The global electric face cleanser market demand is anticipated to be worth US$ 1.68 billion in 2022 and to increase at a CAGR of 9.3% to US$ 4.1 billion between 2022 and 2032.
Growth is attributed to development in residential and commercial construction as well as the rising demand for renovation projects.
The market for electric face cleansers is dominated by North America, thanks to the presence of notable players and rising consumer awareness of beauty products. Due to prolonged exposure to the sun and UV radiations, the population has also seen an increase in cases of skin allergies.
This will likely encourage the growth of the skincare market over the coming years, which will increase demand for electric face cleansers in nations like the United States and Canada.
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Which are Some Prominent Drivers Spearheading Electric Face Cleansers Market Growth?
Owing to increasing levels of pollution in several countries and its detrimental effects on human skin, consumers are opting for various skincare products, such as electric face cleansers, to protect against pro-oxidative chemicals and air pollutants.
Rapid innovations in the cosmetic industry and growing consumer demand for portable devices with high battery backup are some important factors that will boost the demand for Electric Face Cleansers during the forecast period
What are the Challenges Faced by the Electric Face Cleansers Industry?
The availability of alternatives to electric face cleansers in the market and the high price of electric face cleansers compared to conventional products are important factors that will impede the growth of the market. It is also difficult to clean brushes and filters of electric face cleansers.
That apart, limited government regulations in developing countries that cover electronic personal care devices lead to an increase in the trade of false/imitation products in the market, which may also hamper the growth of the electric face cleansers market during the forecast period.
Why is Asia-Pacific Emerging as an Opportunistic Electric Face Cleansers Market?
The Asia Pacific is the fastest-growing region in the cosmetics market. Over the last five years, outdoor air pollution has increased by 8% worldwide. Various cities in the Asia-Pacific and the Middle East regions are dealing with the menace of air pollution and consumers are becoming more aware of the detrimental effects of air pollution. This is the primary factor that will accelerate the growth of the electric face cleansers market during the forecast period.
Additionally, an upsurge in disposable income owing to rapid urbanization, key players penetrating the market, and growth of the electric appliances market are likely to rev up the sales of electric face cleansers in the region. Countries like China and India are the major consumers of cosmetic products all over the world. This is estimated to strengthen the demand for electric cleansers throughout the forecast period.
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How is Europe Contributing to the Growth of the Electric Face Cleansers Market?
The Europe electric face cleansers market is projected to grow ascetically in the foreseeable future. Increasing spending rate on cosmetic products by individuals is assessed to propel electric face cleanser market growth in Europe. Besides, the launch of new cosmetic products by renowned players in the province is likely to back Europe’s market growth.
Why does North America Hold a Significant Share in the Electric Face Cleansers Market?
North America dominates the electric face cleansers market, backed by the presence of prominent players as well as soaring awareness about beauty devices among people. Additionally, there has been an upsurge in skin allergy occurrences among the population owing to longstanding exposure to sun and UV radiations. This, in turn, is likely to encourage the skincare market growth in the next few years, thus, which will boost the demand for electric face cleansers in the countries like U.S & Canada.