Technological advancements and growing beauty consciousness to drive global electric facial cleansers market through 2024
According to TechSci Research report, “Global Electric Facial Cleansers Market By Brush Type, By Distribution Channel, By Region, Competition, Forecast & Opportunities, 2024”, global electric facial cleansers market is projected to grow at a CAGR of over 9% during 2019-2024, on the back of innovations in the cosmetic industry. Moreover, growing consumer demand for portable devices with high battery backup, increasing demand for high-quality electric face cleansers and rising online stores are some of the other factors that would aid the market during forecast period. However, availability of alternatives to electric face cleansers and high price of electric face cleansers compared to conventional products are expected to hamper market growth.
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In terms of distribution channel, global electric facial cleansers market has been categorized into store-based retail and non-store-based retail. The store-based retail segment accounted for majority market share in 2018; however, the non-store-based retail segment is expected to witness healthy growth during forecast period, owing to the growing popularity of e-commerce market. Moreover, e-commerce and technology are transforming this category with new user experiences, where luxury brands and small start-ups alike are racing to embrace e-commerce, making this channel even stronger. In volume terms, North America dominated global electric facial cleansers market in 2018, on account of the presence of major manufacturers and availability of number of products in the region. US is the largest market for electric facial cleansers market in the region, owing to wide acceptance of technologically advanced products and presence of major industry players in the country.
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“Advancements in technology and rising beauty consciousness among women are the major factors expected to positively influence global market for electric facial cleansers. Moreover, increasing air pollution levels and rising concentration of pollutants in the air is resulting in various skin problems such as skin aging and pigmentation, thus demand for electric facial cleansers is expected to grow at a robust pace in coming years.”, said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
“Global Electric Facial Cleansers Market By Brush Type, By Distribution Channel, By Region, Competition, Forecast & Opportunities, 2024” has evaluated the future growth potential of global electric facial cleansers market and provides statistics and information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in global electric facial cleansers market.
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