Aug 09, 2017
4 Key Assertions from Fact.MR's Report on Body Mist Market
by Team Fact.MR
The global market for body mists has been exhibiting a steady growth in the recent times. One of the current trend in the body mist market is an increased preference for organic and natural ingredients in personal care products and toiletries - such as body mists, instead of opting for products that have chemicals as key constituents.There are different types of body mists that consists of jasmine, rose, papaya, pineapple and nutmeg. Another important trend in the body mist market is the prominence of the e-commerce websites that give the facility of comparing and purchasing various body mist products online to the consumers and this trend is fuelling the growth of the body mist market.
According to Fact.MR, the global body mist market is slated to touch a value of nearly US$ 4,671 Mn in the year 2022 and grow at a sluggish CAGR during the assessment period.
4 Forecast Highlights on Global Body Mist Market
- As per the forecast of Fact.MR, the oily skin segment is slated to touch a value of nearly US$ 1,083 Mn in the year 2022. This represents a moderate CAGR growth during the assessment period of 2017-2022. The oily skin segment is estimated to account for nearly one-fifth of the revenue share of the product type segment by the year 2017 end and is expected to gain in market share by the year 2022 end.
- As per the forecast of Fact.MR, the drug stores segment will reach a value of nearly US$ 798 Mn in the year 2017. This represents a sluggish CAGR growth during the forecast period. The drug stores segment is estimated to account for nearly one-fifth of the revenue share of the distribution channel segment in the year 2017 end and is expected to lose market share by the end of the year 2022.
- As per the forecast of Fact.MR, the men body mist segment is slated to reach a value of nearly US$ 1,880 Mn in 2022. The men body mist segment is expected to gain some market value by the end of the year 2022. The largest share is contributed by the Europe region in the men body mist segment.
- Fact.MR forecasts the citrus body mist segment to grow from nearly US$ 806 Mn in 2017 to nearly US$ 925 Mn in 2022. This represents a compound annual growth rate (CAGR) of 2.8% from 2017 to 2022.
The report has also profiled leading players in the global market for body mist, which will remain active through 2022. These include companies such as LVMH Moët Hennessy Louis Vuitton S.E, Shiseido Company, Limited, Chanel S.A., The Procter & Gamble Company, The Estée Lauder Companies Inc., L'Oréal S.A, Revlon, Inc., Amway Corporation, The Unilever Group and Burberry Group plc.