“Global Hydrating Spray Market to reach a market value of USD 7.1 Billion by 2030 growing at a CAGR of 6.3%”
The Global Hydrating Spray Market size is expected to reach $7.1 billion by 2030, rising at a market growth of 6.3% CAGR during the forecast period. In the year 2022, the market attained a volume of 2,20,368.0 thousand units (100 ML), experiencing a growth of 6.3% (2019-2022).
The supermarket and hypermarket environment allow hydrating spray brands to enhance their European visibility. Therefore, the Europe region captured $1,552.2 million revenue in the market in 2022. Also, the Germany utilized 17,474.7 thousand units (100 ml) in the market in 2022. Supermarkets and hypermarkets often have an extensive distribution network, ensuring that hydrating sprays are readily available across various locations in Europe. This broad availability helps in reaching a wider consumer base in Europe.
Fragrance adds a layer of indulgence to the hydrating spray application, creating a more enjoyable and sensory experience for users. The aromatic elements contribute to the overall satisfaction of the skincare routine, making it a pleasurable and pampering activity. Aromatherapy, the use of scents to promote well-being, has gained recognition in the beauty and wellness industry.
Additionally, Customization allows consumers to address specific skincare concerns and preferences. Brands Product Type customizable hydrating sprays empower consumers to choose formulations that align with their skin type, concerns, and desired benefits, providing individualized skincare solutions. Personalization enables consumers to choose ingredients based on their preferences and skin sensitivities.
However, individuals with sensitive skin or specific allergies may experience skin irritations, redness, itching, or allergic reactions when using hydrating sprays. Adverse effects can lead to negative reviews, word-of-mouth warnings, and declining consumer confidence. Allergic reactions or skin sensitivities may increase product returns and refund requests.
On the basis of distribution channel, the market is divided into specialty stores, supermarkets & hypermarkets, online, and others. In 2022, the supermarkets & hypermarkets segment dominated the market with 34.8% revenue share. Supermarkets & hypermarkets are widely accessible and convenient for consumers.
Based on end user, the market is classified into female and male. In 2022, the female segment witnessed 69.6% revenue share in the market. The self-care and wellness movements have gained significant momentum, and women are increasingly incorporating skincare as a form of self-care. Hydrating sprays offer a quick and enjoyable way for women to prioritize their skincare routines, providing moments of relaxation and pampering amidst busy schedules.
By Product Type, the market is categorized into face, body, and hair. The body segment covered 28.9% revenue share in the market in 2022. Body segment propels hydrating sprays offer comprehensive hydration to the skin, helping to combat dryness and maintain moisture levels across larger body areas. The fine mist provides a quick and efficient way to hydrate the skin without a heavy or greasy feel.
Free Valuable Insights: Global Hydrating Spray Market size to reach USD 7.1 Billion by 2030
Region-wise, the hydrating spray market is analysed across North America, Europe, Asia Pacific, and LAMEA. In 2022, the North America region acquired 29.7% revenue share in the hydrating spray market. North America experiences diverse climates, ranging from cold winters to hot and dry summers. In regions with harsh weather conditions, hydrating sprays become essential for combating dryness and maintaining skin hydration.
| Report Attribute | Details |
|---|---|
| Market size value in 2022 | USD 4.4 Billion |
| Market size forecast in 2030 | USD 7.1 Billion |
| Base Year | 2022 |
| Historical Period | 2019 to 2021 |
| Forecast Period | 2023 to 2030 |
| Revenue Growth Rate | CAGR of 6.3% from 2023 to 2030 |
| Revenue Growth Rate | Volume in Thousand Units (100ml), Revenue in USD Billion, and CAGR from 2019 to 2030 |
| Number of Pages | 344 |
| Number of Tables | 690 |
| Report coverage | Market Trends, Revenue Estimation and Forecast, Segmentation Analysis, Regional and Country Breakdown, Porter’s 5 Forces Analysis, Company Profiling, Companies Strategic Developments, SWOT Analysis, Winning Imperatives |
| Segments covered | Product Type, Distribution Channel, End User, Region |
| Country scope |
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| Companies Included | L'Oreal S.A., Unilever PLC, Rare Beauty Brands, Inc., The Procter and Gamble Company, Revlon, Inc. (MacAndrews & Forbes), Kao Corporation, The Estee Lauder Companies, Inc., Johnson & Johnson, Shiseido Company Limited, Natura & Co Holding SA |
By End User (Volume, Thousand Units (100ml), USD Billion, 2019-2030)
By Product Type (Volume, Thousand Units (100ml), USD Billion, 2019-2030)
By Distribution Channel (Volume, Thousand Units (100ml), USD Billion, 2019-2030)
By Geography (Volume, Thousand Units (100ml), USD Billion, 2019-2030)
This Market size is expected to reach $7.1 billion by 2030.
Inclusion of fragrance and aromatherapy are driving the Market in coming years, however, Consumer sensitivity and allergies restraints the growth of the Market.
L'Oreal S.A., Unilever PLC, Rare Beauty Brands, Inc., The Procter and Gamble Company, Revlon, Inc. (MacAndrews & Forbes), Kao Corporation, The Estee Lauder Companies, Inc., Johnson & Johnson, Shiseido Company Limited, Natura & Co Holding SA
In the year 2022, the market attained a volume of 2,20,368.0 thousand units (100 ML), experiencing a growth of 6.3% (2019-2022).
The Face segment is registering maximum revenue in the Market by Product Type in 2022; there by, achieving a market value of $3.0 billion by 2030.
The Europe region dominated the Market by Region in 2022, and would continue to be a dominant market till 2030; there by, achieving a market value of $2.4 billion by 2030.
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