Non-alcoholic cosmetics market enjoys high growth margin thanks to growing demand from e-commerce space and improving revenue visibility
SEATTLE, WA, USA, Jan. 20, 2022 /EINPresswire.com/ — Alcohol-free cosmetics market enjoys high room for growth with increasing demand from e-commerce space and improving revenue visibility . Alcohol is used in many cosmetics as a preservative against bacteria and as a solvent. Additionally, due to its anti-inflammatory and deodorizing properties, alcohol is widely used in a variety of cosmetic products including skin care, hair care, perfumes, and others.
Most cosmetic brands use alcohol to create a weightless feel and a quick-drying finish. But the problem is that these ingredients can leave users with long term side effects. Using alcohol-free cosmetics helps the environment and reduces carbon footprint. These products also tend to use organic or natural ingredients, which is another reason to choose alcohol-free options. While most alcohol-free cosmetics contain ethyl alcohol, many still contain other types of alcohol. These include fatty alcohols, which have a light feel and moisturizing effect. Simple alcohols are commonly used in facial cleansers and toners. These products can cause skin irritation and blemishes.
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Major companies contributing to the global alcohol-free cosmetics market include IBA Halal Care, Amara Halal Cosmetics, Martha Tilar Group, Ecotrail Personal Care, Inika Organic, Clara International Beauty Group, Paragon Technology and Innovation, and Talent Cosmetics Ltd.
Growing consumer inclination towards natural ingredients in beauty products instead of chemical-based cosmetic products is expected to propel the growth of alcohol-free cosmetics market over the forecast period.
Additionally, the growing trend of using halal fragrances is expected to aid the growth of the alcohol-free cosmetics market throughout the forecast period.
Summary of the consequences of COVID-19
The onset of the COVID-19 crisis has created a temporary hurdle in the global alcohol-free cosmetics market. The crisis-fueled shutdown of production facilities and delayed or canceled shipments have significantly impacted the personal care and cosmetics industry. On the positive side, as lockdowns are lifted, the market is maintaining its pre-pandemic momentum.
Key points to remember
The alcohol-free cosmetics market is expected to grow at a CAGR of during the forecast period owing to increasing product launches and approvals combined with a thriving cosmetics industry. For example, in November 2021, a personal care company, Unilever, filed a patent for its antiperspirant formula that uses alcohol-free actives, plasticizers and polymers to minimize excessive sweating.
Geographically, the Asia-Pacific region is in pole position in the global alcohol-free cosmetics market, on the heels of a large consumer base and wider acceptance of the e-commerce industry.
In second place, the European region is another strong contender for the global alcohol-free cosmetics market owing to a robust fashion industry and increased promotional activities on social media platforms.
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✤ Based on Application, the global alcohol-free cosmetics market is segmented into:
✤ On the basis of distribution channel, the global alcohol-free cosmetics market is segmented into:
Alcohol-Free Cosmetics Market insights will help companies across various industries to increase their revenue impact:
» Develop a framework to assess the attractiveness of various products, solutions and technologies in the alcohol-free cosmetics market; assist stakeholders in identifying key issues related to their global alcohol-free cosmetics market consolidation strategies; and deliver solutions.
» Alcohol-free cosmetics: analysis of the market offer, as well as promising synergies for the best players seeking to maintain their leadership in the market.
» Latest Market Analysis Alcohol-Free Cosmetics Market Research, which covers over 20 countries and key categories and provides insights, is also available.
Also included in the study are insights and forecasts on Alcohol-Free Cosmetics market drivers, trends, and influencers.
𝗧𝗵𝗲 𝘀𝗵𝗲𝗱𝘀 𝗼𝗻 𝗽𝗲𝗿𝘁𝗶𝗻𝗲𝗻𝘁 𝗾𝘂𝗲𝘀𝘁𝗶𝗼𝗻𝘀 𝗽𝗲𝗿𝘁𝗶𝗻𝗲𝗻𝘁 𝗾𝘂𝗲𝘀𝘁𝗶𝗼𝗻𝘀 𝗾𝘂𝗲𝘀𝘁𝗶𝗼𝗻𝘀 𝗾𝘂𝗲𝘀𝘁𝗶𝗼𝗻𝘀:
✔ What is the value of the industry’s global sales, production, consumption, import and export?
✔ Who are the key manufacturers in the Alcohol Free Cosmetics industry globally? What is the state of their business?
✔ What are the Opportunities and Threats Faced by the Vendors in the Global Alcohol-Free Cosmetics Industry?
✔ Which application, end user, or product category might seek incremental growth opportunities?
✔ What specific strategy and constraints are keeping the market afloat?
✔ In the global industry, what are the different sales, marketing and distribution channels?
Key Reasons to Buy Alcohol-Free Cosmetics Market Report:
➸The report is packed with information, such as market dynamics and future prospects. Quantitative, qualitative, value (million USD) and volume (million units) data are part of the segments and sub-segments.
➸ Data on demand and supply forces and their impact on the market can be found at regional, sub-regional and national levels.
➸ Due to new developments, strategies and market share gains of major players, the competitive landscape has changed drastically over the past three years.
➸ Companies that provide a wide range of services, including financial data, current events, SWOT analysis and strategies.
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