QYResearch: Global Facial Wipes Market Will reach 3148.61 M USD in 2022
Facial Wipes were designed to gently and effectively remove dirt and germs from face anywhere, anytime. If you are looking for an easy way to cleanse your face or add a little moisture, face wipes can help you get the job done. One of the biggest reasons to use face wipes is the fact that they are quick and easy to use.
According to QYResearch, the global Facial Wipes markets has a total value of 1133.23 M USD back in 2012, and increased to 1876.45 M USD in 2017. We made a series of functional calculation and deduced the past 5 year’s data with scientific model. Finally, QYResearch made the prediction that the value of Facial Wipes markets can be 3148.61 M USD by 2022.The CAGR of Facial Wipes is 10.91% from 2017 to 2022.
North America was the largest production market with a market share of 34.45% in 2012 and 30.34% in 2017. The Europe ranked the second market with the market share of 30.03% in 2016.
North America was the largest consumption market with a market share of 37.80% in 2012 and 35.20% in 2017. The Europe ranked the second market with the market share of 32.97% in 2016.
Facial Wipes companies are mainly from United States and Europe, the top three companies are P&G, Johnson & Johnson, Kimberly-Clark, Nice-Pak Products, Rockline Industries, GS Coverting, Albaad Massuot, Beiersdorf, 3M, Diamond Wipes International, SCA, etc. P&G is the biggest manufacturer in the world. In 2016, P&G occupied about 12.50% of the global revenue market.
Although sales of Facial Wipes brought a lot of opportunities, the study group recommends the new entrants who has not technical advantage and downstream support do not enter into the Facial Wipes field. As large demand of high-end products at home and abroad, many companies began to enter the field of high-end. What is more, the company in this industry should pay attention to their R&D, innovation and services, then they may get the competition advantage, and get a bigger market share.
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