The Asia Pacific Waterless Cosmetics Market would witness market growth of 10.5% CAGR during the forecast period (2022-2028).
Manufacturers in the waterless beauty sector use appealing claims and connotations to attract customers. The players are using connotations such as non-toxic, organic, cruelty-free, and eco-friendly to reflect that their waterless beauty offerings align with numerous values. Several market players extensively believe that a loyal consumer or a prospective consumer prioritizes such values in their own way.
As in the forecast years, the cosmetics and personal care industry is expected to drive market expansion. Additionally, important drivers of the market are technological innovation and development in the manufacturing of waterless products. Moreover, waterless cosmetics have huge popularity within various industries like fashion and media broadcasting. Employees in such industries are frequently required to look well-groomed and sophisticated. Thus, demand in such firms will never go out of trend.
India is both a major producer and consumer of the majority of waterless cosmetics products. India sells approximately a quarter of all waterless cosmetics in South Asia. Millennials have grown up with technology, making people more knowledgeable than previous generations. In addition, millennial consumers in India have superior internet access. Popular Western beauty trends are sweeping India's beauty market, opening up the potential for waterless cosmetics sales. Younger beauty fans are increasingly interested in long-term beauty solutions, which is why people place a higher value on firms that open about the products and make efforts to lessen the environmental footprint.
Aside from that, the millennial age is not afraid to spend more on safe and dependable beauty products. South Korea has a high waterless beauty pattern in compared to other countries. The waterless beauty wave in South Korea is pushed by the need to develop skincare products with more potential skin care advantages, not by sustainability. This is owing to beauty aficionados want pure and non-diluted formulae, sales of waterless beauty products are likely to increase.
The China market dominated the Asia Pacific Waterless Cosmetics Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $1,788.3 Million by 2028. The Japan market is poised to grow at a CAGR of 9.8% during (2022 - 2028). Additionally, The India market would display a CAGR of 11.2% during (2022 - 2028).
Based on Product Type, the market is segmented into Skincare, Haircare, Makeup, and Others. 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 Waterless Cosmetics Market is Projected to reach USD 16.4 Billion by 2028, at a CAGR of 10.1%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Taiki USA, True Botanicals, Carter + Jane, L'Oreal Group, The Procter and Gamble Company, Kao Corporation, Vapour Beauty, Allies Group Pte. Ltd., and Unilever PLC.
Scope of the Study
Market Segments Covered in the Report:
By Product Type
- Skincare
- Haircare
- Makeup
- Others
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:
- Taiki USA
- True Botanicals
- Carter + Jane
- L'Oreal Group
- The Procter and Gamble Company
- Kao Corporation
- Vapour Beauty
- Allies Group Pte. Ltd.
- Unilever PLC
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Waterless Cosmetics Market, by Product Type
1.4.2 Asia Pacific Waterless Cosmetics Market, by Distribution Channel
1.4.3 Asia Pacific Waterless Cosmetics 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 and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Asia Pacific Waterless Cosmetics Market by Product Type
3.1 Asia Pacific Skincare Market by Country
3.2 Asia Pacific Haircare Market by Country
3.3 Asia Pacific Makeup Market by Country
3.4 Asia Pacific Others Market by Country
Chapter 4. Asia Pacific Waterless Cosmetics Market by Distribution Channel
4.1 Asia Pacific Offline Market by Country
4.2 Asia Pacific Online Market by Country
Chapter 5. Asia Pacific Waterless Cosmetics Market by Country
5.1 China Waterless Cosmetics Market
5.1.1 China Waterless Cosmetics Market by Product Type
5.1.2 China Waterless Cosmetics Market by Distribution Channel
5.2 Japan Waterless Cosmetics Market
5.2.1 Japan Waterless Cosmetics Market by Product Type
5.2.2 Japan Waterless Cosmetics Market by Distribution Channel
5.3 India Waterless Cosmetics Market
5.3.1 India Waterless Cosmetics Market by Product Type
5.3.2 India Waterless Cosmetics Market by Distribution Channel
5.4 South Korea Waterless Cosmetics Market
5.4.1 South Korea Waterless Cosmetics Market by Product Type
5.4.2 South Korea Waterless Cosmetics Market by Distribution Channel
5.5 Singapore Waterless Cosmetics Market
5.5.1 Singapore Waterless Cosmetics Market by Product Type
5.5.2 Singapore Waterless Cosmetics Market by Distribution Channel
5.6 Malaysia Waterless Cosmetics Market
5.6.1 Malaysia Waterless Cosmetics Market by Product Type
5.6.2 Malaysia Waterless Cosmetics Market by Distribution Channel
5.7 Rest of Asia Pacific Waterless Cosmetics Market
5.7.1 Rest of Asia Pacific Waterless Cosmetics Market by Product Type
5.7.2 Rest of Asia Pacific Waterless Cosmetics Market by Distribution Channel
Chapter 6. Company Profiles
6.1 Taiki USA
6.1.1 Company Overview
6.2 True Botanicals
6.2.1 Company Overview
6.3 Carter + Jane
6.3.1 Company Overview
6.4 L'Oreal Group
6.4.1 Company Overview
6.4.2 Financial Analysis
6.4.3 Segmental and Regional Analysis
6.4.4 Research & Development Expense
6.5 The Procter and Gamble Company
6.5.1 Company Overview
6.5.2 Financial Analysis
6.5.3 Segmental and Regional Analysis
6.5.4 Research & Development Expense
6.5.5 Recent Strategies and Developments:
6.5.5.1 Product Launches and Product Expansions:
6.6 Unilever PLC
6.6.1 Company Overview
6.6.2 Financial Analysis
6.6.3 Segmental and Regional Analysis
6.6.4 Research & Development Expense
6.7 Kao Corporation
6.7.1 Company Overview
6.7.2 Financial Analysis
6.7.3 Segmental and Regional Analysis
6.7.4 Research & Development Expenses
6.7.5 Recent Strategies and Developments:
6.7.5.1 Product Launches and Product Expansions:
6.8 Vapour Beauty
6.8.1 Company Overview
6.9 Allies Group Pte. Ltd.
6.9.1 Company Overview
TABLE 1 Asia Pacific Waterless Cosmetics Market, 2018 - 2021, USD Million
TABLE 2 Asia Pacific Waterless Cosmetics Market, 2022 - 2028, USD Million
TABLE 3 Asia Pacific Waterless Cosmetics Market by Product Type, 2018 - 2021, USD Million
TABLE 4 Asia Pacific Waterless Cosmetics Market by Product Type, 2022 - 2028, USD Million
TABLE 5 Asia Pacific Skincare Market by Country, 2018 - 2021, USD Million
TABLE 6 Asia Pacific Skincare Market by Country, 2022 - 2028, USD Million
TABLE 7 Asia Pacific Haircare Market by Country, 2018 - 2021, USD Million
TABLE 8 Asia Pacific Haircare Market by Country, 2022 - 2028, USD Million
TABLE 9 Asia Pacific Makeup Market by Country, 2018 - 2021, USD Million
TABLE 10 Asia Pacific Makeup Market by Country, 2022 - 2028, USD Million
TABLE 11 Asia Pacific Others Market by Country, 2018 - 2021, USD Million
TABLE 12 Asia Pacific Others Market by Country, 2022 - 2028, USD Million
TABLE 13 Asia Pacific Waterless Cosmetics Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 14 Asia Pacific Waterless Cosmetics Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 15 Asia Pacific Offline Market by Country, 2018 - 2021, USD Million
TABLE 16 Asia Pacific Offline Market by Country, 2022 - 2028, USD Million
TABLE 17 Asia Pacific Online Market by Country, 2018 - 2021, USD Million
TABLE 18 Asia Pacific Online Market by Country, 2022 - 2028, USD Million
TABLE 19 Asia Pacific Waterless Cosmetics Market by Country, 2018 - 2021, USD Million
TABLE 20 Asia Pacific Waterless Cosmetics Market by Country, 2022 - 2028, USD Million
TABLE 21 China Waterless Cosmetics Market, 2018 - 2021, USD Million
TABLE 22 China Waterless Cosmetics Market, 2022 - 2028, USD Million
TABLE 23 China Waterless Cosmetics Market by Product Type, 2018 - 2021, USD Million
TABLE 24 China Waterless Cosmetics Market by Product Type, 2022 - 2028, USD Million
TABLE 25 China Waterless Cosmetics Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 26 China Waterless Cosmetics Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 27 Japan Waterless Cosmetics Market, 2018 - 2021, USD Million
TABLE 28 Japan Waterless Cosmetics Market, 2022 - 2028, USD Million
TABLE 29 Japan Waterless Cosmetics Market by Product Type, 2018 - 2021, USD Million
TABLE 30 Japan Waterless Cosmetics Market by Product Type, 2022 - 2028, USD Million
TABLE 31 Japan Waterless Cosmetics Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 32 Japan Waterless Cosmetics Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 33 India Waterless Cosmetics Market, 2018 - 2021, USD Million
TABLE 34 India Waterless Cosmetics Market, 2022 - 2028, USD Million
TABLE 35 India Waterless Cosmetics Market by Product Type, 2018 - 2021, USD Million
TABLE 36 India Waterless Cosmetics Market by Product Type, 2022 - 2028, USD Million
TABLE 37 India Waterless Cosmetics Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 38 India Waterless Cosmetics Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 39 South Korea Waterless Cosmetics Market, 2018 - 2021, USD Million
TABLE 40 South Korea Waterless Cosmetics Market, 2022 - 2028, USD Million
TABLE 41 South Korea Waterless Cosmetics Market by Product Type, 2018 - 2021, USD Million
TABLE 42 South Korea Waterless Cosmetics Market by Product Type, 2022 - 2028, USD Million
TABLE 43 South Korea Waterless Cosmetics Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 44 South Korea Waterless Cosmetics Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 45 Singapore Waterless Cosmetics Market, 2018 - 2021, USD Million
TABLE 46 Singapore Waterless Cosmetics Market, 2022 - 2028, USD Million
TABLE 47 Singapore Waterless Cosmetics Market by Product Type, 2018 - 2021, USD Million
TABLE 48 Singapore Waterless Cosmetics Market by Product Type, 2022 - 2028, USD Million
TABLE 49 Singapore Waterless Cosmetics Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 50 Singapore Waterless Cosmetics Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 51 Malaysia Waterless Cosmetics Market, 2018 - 2021, USD Million
TABLE 52 Malaysia Waterless Cosmetics Market, 2022 - 2028, USD Million
TABLE 53 Malaysia Waterless Cosmetics Market by Product Type, 2018 - 2021, USD Million
TABLE 54 Malaysia Waterless Cosmetics Market by Product Type, 2022 - 2028, USD Million
TABLE 55 Malaysia Waterless Cosmetics Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 56 Malaysia Waterless Cosmetics Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 57 Rest of Asia Pacific Waterless Cosmetics Market, 2018 - 2021, USD Million
TABLE 58 Rest of Asia Pacific Waterless Cosmetics Market, 2022 - 2028, USD Million
TABLE 59 Rest of Asia Pacific Waterless Cosmetics Market by Product Type, 2018 - 2021, USD Million
TABLE 60 Rest of Asia Pacific Waterless Cosmetics Market by Product Type, 2022 - 2028, USD Million
TABLE 61 Rest of Asia Pacific Waterless Cosmetics Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 62 Rest of Asia Pacific Waterless Cosmetics Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 63 Key information – Taiki USA
TABLE 64 key information – True Botanicals
TABLE 65 Key Information – Carter + Jane
TABLE 66 Key Information – L'Oreal Group
TABLE 67 Key Information – The Procter and Gamble Company
TABLE 68 Key Information – Unilever PLC
TABLE 69 Key Information – Kao Corporation
TABLE 70 Key Information – Vapour Beauty
TABLE 71 Key Information – Allies Group Pte. Ltd.
List of Figures
FIG 1 Methodology for the research