The Asia Pacific Face Balm Market would witness market growth of 9.1% CAGR during the forecast period (2022-2028).
The expanding spending power of the working-class population in emerging nations like China, India, is fueling an increase in demand for cosmetic products like face balm. The market for skincare has experienced a large revenue share from facial care products in recent years. As a result of manufacturers realizing the significance of these products among customers, they have shifted their focus to facial beauty products.
Manufacturers have started brand campaigns to promote their products on Facebook, Instagram, and YouTube, among other social media platforms. Important players have also teamed up with various celebrities and designated them as brand ambassadors of their products in an effort to attract more customers. The expansion of the face balm market is being driven by such initiatives from major players.
Additionally, a rise in social media users is expanding the face balm industry. The number of people using social media has increased dramatically as a result of the widespread use of the internet. As a result, the vast majority of the main businesses in the sector intend to market their products and services online. Social media marketing is one of the primary strategies employed by many organizations and industries to inform their target customers about their product offers.
The market is being pushed by an aging population that is on the rise, which has increased demand for anti-aging goods. Sales of anti-aging skin care products have increased dramatically in China and Japan as a result of growing aging populations. China has one of the world's fastest-growing elderly populations, according to the World Health Organization. By 2040, 28 percent of China's population is anticipated to be over 60 because of rising average lifespans and declining birthrates. The Asia Pacific region's cosmetics market is expected to develop as a result of the rising demand for face balms that promise to have anti-aging properties due to the region's aging population.
The China market dominated the Asia Pacific Face Balm Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $34,903.9 Thousands by 2028. The Japan market is estimated to grow a CAGR of 8.4% during (2022 - 2028). Additionally, The India market would experience a CAGR of 9.8% during (2022 - 2028).
Based on Application, the market is segmented into Residential, and Commercial. Based on End Use, the market is segmented into Women, and Men. Based on Distribution Channel, the market is segmented into Offline, and Online. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Face Balm Market is Projected to reach USD 334.5 Million by 2028, at a CAGR of 8.7%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Unilever PLC (REN Clean Skincare), L'Oreal Group (CeraVe), Weleda AG, Pangaea Holdings, Inc., Naturium, Pinch of Colour LLC, UpCircle Beauty, and W.S. Badger Company, Inc.
Scope of the Study
Market Segments Covered in the Report:
By Application
By End Use
By Distribution Channel
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Unilever PLC (REN Clean Skincare)
- L'Oreal Group (CeraVe)
- Weleda AG
- Pangaea Holdings, Inc.
- Naturium
- Pinch of Colour LLC
- UpCircle Beauty
- W.S. Badger Company, Inc.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Face Balm Market, by Application
1.4.2 Asia Pacific Face Balm Market, by End Use
1.4.3 Asia Pacific Face Balm Market, by Distribution Channel
1.4.4 Asia Pacific Face Balm Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Asia Pacific Face Balm Market by Application
3.1 Asia Pacific Residential Market by Country
3.2 Asia Pacific Commercial Market by Country
Chapter 4. Asia Pacific Face Balm Market by End Use
4.1 Asia Pacific Women Market by Country
4.2 Asia Pacific Men Market by Country
Chapter 5. Asia Pacific Face Balm Market by Distribution Channel
5.1 Asia Pacific Offline Market by Country
5.2 Asia Pacific Online Market by Country
Chapter 6. Asia Pacific Face Balm Market by Country
6.1 China Face Balm Market
6.1.1 China Face Balm Market by Application
6.1.2 China Face Balm Market by End Use
6.1.3 China Face Balm Market by Distribution Channel
6.2 Japan Face Balm Market
6.2.1 Japan Face Balm Market by Application
6.2.2 Japan Face Balm Market by End Use
6.2.3 Japan Face Balm Market by Distribution Channel
6.3 India Face Balm Market
6.3.1 India Face Balm Market by Application
6.3.2 India Face Balm Market by End Use
6.3.3 India Face Balm Market by Distribution Channel
6.4 South Korea Face Balm Market
6.4.1 South Korea Face Balm Market by Application
6.4.2 South Korea Face Balm Market by End Use
6.4.3 South Korea Face Balm Market by Distribution Channel
6.5 Singapore Face Balm Market
6.5.1 Singapore Face Balm Market by Application
6.5.2 Singapore Face Balm Market by End Use
6.5.3 Singapore Face Balm Market by Distribution Channel
6.6 Malaysia Face Balm Market
6.6.1 Malaysia Face Balm Market by Application
6.6.2 Malaysia Face Balm Market by End Use
6.6.3 Malaysia Face Balm Market by Distribution Channel
6.7 Rest of Asia Pacific Face Balm Market
6.7.1 Rest of Asia Pacific Face Balm Market by Application
6.7.2 Rest of Asia Pacific Face Balm Market by End Use
6.7.3 Rest of Asia Pacific Face Balm Market by Distribution Channel
Chapter 7. Company Profiles
7.1 L'Oreal Group (CeraVe)
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental and Regional Analysis
7.1.4 Recent strategies and developments:
7.1.4.1 Product Launches and Product Expansions:
7.1.5 SWOT Analysis
7.2 Unilever PLC (REN Clean Skincare)
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Segmental and Regional Analysis
7.2.4 Research & Development Expense
7.3 Weleda AG
7.3.1 Company overview
7.3.2 Financial Analysis
7.3.3 Segmental and Regional Analysis
7.4 Pangaea Holdings, Inc.
7.4.1 Company Overview
7.5 Naturium
7.5.1 Company Overview
7.5.2 Recent strategies and developments:
7.5.2.1 Product Launches and Product Expansions:
7.6 Pinch of Colour LLC
7.6.1 Company Overview
7.7 UpCircle Beauty
7.7.1 Company Overview
7.8 W.S. Badger Company, Inc.
7.8.1 Company Overview
TABLE 1 Asia Pacific Face Balm Market, 2018 - 2021, USD Thousands
TABLE 2 Asia Pacific Face Balm Market, 2022 - 2028, USD Thousands
TABLE 3 Asia Pacific Face Balm Market by Application, 2018 - 2021, USD Thousands
TABLE 4 Asia Pacific Face Balm Market by Application, 2022 - 2028, USD Thousands
TABLE 5 Asia Pacific Residential Market by Country, 2018 - 2021, USD Thousands
TABLE 6 Asia Pacific Residential Market by Country, 2022 - 2028, USD Thousands
TABLE 7 Asia Pacific Commercial Market by Country, 2018 - 2021, USD Thousands
TABLE 8 Asia Pacific Commercial Market by Country, 2022 - 2028, USD Thousands
TABLE 9 Asia Pacific Face Balm Market by End Use, 2018 - 2021, USD Thousands
TABLE 10 Asia Pacific Face Balm Market by End Use, 2022 - 2028, USD Thousands
TABLE 11 Asia Pacific Women Market by Country, 2018 - 2021, USD Thousands
TABLE 12 Asia Pacific Women Market by Country, 2022 - 2028, USD Thousands
TABLE 13 Asia Pacific Men Market by Country, 2018 - 2021, USD Thousands
TABLE 14 Asia Pacific Men Market by Country, 2022 - 2028, USD Thousands
TABLE 15 Asia Pacific Face Balm Market by Distribution Channel, 2018 - 2021, USD Thousands
TABLE 16 Asia Pacific Face Balm Market by Distribution Channel, 2022 - 2028, USD Thousands
TABLE 17 Asia Pacific Offline Market by Country, 2018 - 2021, USD Thousands
TABLE 18 Asia Pacific Offline Market by Country, 2022 - 2028, USD Thousands
TABLE 19 Asia Pacific Online Market by Country, 2018 - 2021, USD Thousands
TABLE 20 Asia Pacific Online Market by Country, 2022 - 2028, USD Thousands
TABLE 21 Asia Pacific Face Balm Market by Country, 2018 - 2021, USD Thousands
TABLE 22 Asia Pacific Face Balm Market by Country, 2022 - 2028, USD Thousands
TABLE 23 China Face Balm Market, 2018 - 2021, USD Thousands
TABLE 24 China Face Balm Market, 2022 - 2028, USD Thousands
TABLE 25 China Face Balm Market by Application, 2018 - 2021, USD Thousands
TABLE 26 China Face Balm Market by Application, 2022 - 2028, USD Thousands
TABLE 27 China Face Balm Market by End Use, 2018 - 2021, USD Thousands
TABLE 28 China Face Balm Market by End Use, 2022 - 2028, USD Thousands
TABLE 29 China Face Balm Market by Distribution Channel, 2018 - 2021, USD Thousands
TABLE 30 China Face Balm Market by Distribution Channel, 2022 - 2028, USD Thousands
TABLE 31 Japan Face Balm Market, 2018 - 2021, USD Thousands
TABLE 32 Japan Face Balm Market, 2022 - 2028, USD Thousands
TABLE 33 Japan Face Balm Market by Application, 2018 - 2021, USD Thousands
TABLE 34 Japan Face Balm Market by Application, 2022 - 2028, USD Thousands
TABLE 35 Japan Face Balm Market by End Use, 2018 - 2021, USD Thousands
TABLE 36 Japan Face Balm Market by End Use, 2022 - 2028, USD Thousands
TABLE 37 Japan Face Balm Market by Distribution Channel, 2018 - 2021, USD Thousands
TABLE 38 Japan Face Balm Market by Distribution Channel, 2022 - 2028, USD Thousands
TABLE 39 India Face Balm Market, 2018 - 2021, USD Thousands
TABLE 40 India Face Balm Market, 2022 - 2028, USD Thousands
TABLE 41 India Face Balm Market by Application, 2018 - 2021, USD Thousands
TABLE 42 India Face Balm Market by Application, 2022 - 2028, USD Thousands
TABLE 43 India Face Balm Market by End Use, 2018 - 2021, USD Thousands
TABLE 44 India Face Balm Market by End Use, 2022 - 2028, USD Thousands
TABLE 45 India Face Balm Market by Distribution Channel, 2018 - 2021, USD Thousands
TABLE 46 India Face Balm Market by Distribution Channel, 2022 - 2028, USD Thousands
TABLE 47 South Korea Face Balm Market, 2018 - 2021, USD Thousands
TABLE 48 South Korea Face Balm Market, 2022 - 2028, USD Thousands
TABLE 49 South Korea Face Balm Market by Application, 2018 - 2021, USD Thousands
TABLE 50 South Korea Face Balm Market by Application, 2022 - 2028, USD Thousands
TABLE 51 South Korea Face Balm Market by End Use, 2018 - 2021, USD Thousands
TABLE 52 South Korea Face Balm Market by End Use, 2022 - 2028, USD Thousands
TABLE 53 South Korea Face Balm Market by Distribution Channel, 2018 - 2021, USD Thousands
TABLE 54 South Korea Face Balm Market by Distribution Channel, 2022 - 2028, USD Thousands
TABLE 55 Singapore Face Balm Market, 2018 - 2021, USD Thousands
TABLE 56 Singapore Face Balm Market, 2022 - 2028, USD Thousands
TABLE 57 Singapore Face Balm Market by Application, 2018 - 2021, USD Thousands
TABLE 58 Singapore Face Balm Market by Application, 2022 - 2028, USD Thousands
TABLE 59 Singapore Face Balm Market by End Use, 2018 - 2021, USD Thousands
TABLE 60 Singapore Face Balm Market by End Use, 2022 - 2028, USD Thousands
TABLE 61 Singapore Face Balm Market by Distribution Channel, 2018 - 2021, USD Thousands
TABLE 62 Singapore Face Balm Market by Distribution Channel, 2022 - 2028, USD Thousands
TABLE 63 Malaysia Face Balm Market, 2018 - 2021, USD Thousands
TABLE 64 Malaysia Face Balm Market, 2022 - 2028, USD Thousands
TABLE 65 Malaysia Face Balm Market by Application, 2018 - 2021, USD Thousands
TABLE 66 Malaysia Face Balm Market by Application, 2022 - 2028, USD Thousands
TABLE 67 Malaysia Face Balm Market by End Use, 2018 - 2021, USD Thousands
TABLE 68 Malaysia Face Balm Market by End Use, 2022 - 2028, USD Thousands
TABLE 69 Malaysia Face Balm Market by Distribution Channel, 2018 - 2021, USD Thousands
TABLE 70 Malaysia Face Balm Market by Distribution Channel, 2022 - 2028, USD Thousands
TABLE 71 Rest of Asia Pacific Face Balm Market, 2018 - 2021, USD Thousands
TABLE 72 Rest of Asia Pacific Face Balm Market, 2022 - 2028, USD Thousands
TABLE 73 Rest of Asia Pacific Face Balm Market by Application, 2018 - 2021, USD Thousands
TABLE 74 Rest of Asia Pacific Face Balm Market by Application, 2022 - 2028, USD Thousands
TABLE 75 Rest of Asia Pacific Face Balm Market by End Use, 2018 - 2021, USD Thousands
TABLE 76 Rest of Asia Pacific Face Balm Market by End Use, 2022 - 2028, USD Thousands
TABLE 77 Rest of Asia Pacific Face Balm Market by Distribution Channel, 2018 - 2021, USD Thousands
TABLE 78 Rest of Asia Pacific Face Balm Market by Distribution Channel, 2022 - 2028, USD Thousands
TABLE 79 Key Information – L'Oreal Group
TABLE 80 Key Information – Unilever PLC
TABLE 81 Key Information – Weleda AG
TABLE 82 Key Information – Pangaea Holdings, Inc.
TABLE 83 Key Information – Naturium
TABLE 84 Key Information – Pinch of Colour LLC
TABLE 85 Key Information – UpCircle Beauty
TABLE 86 Key Information – W.S. Badger Company, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 SWOT Analysis: L’Oreal Group