Proliferating Work Culture and Changing Lifestyle drive the Makeup Remover Market

DELTA, British Columbia - June 20, 2020 - PRLog -- The continuous change in the preferences and taste of the consumers, higher penetration of international brands in the countries and Gen Z and millennial inclination towards the makeup products are the driving attributes for the growth in the market of makeup remover. Moreover, the application of makeup is expected to increase with the rising work culture amongst the women. With the advancement in the cosmetic products, the demand for organic and halal makeup remover is project to increase in the upcoming years.

According to the MarkNtel Advisors' research report, "Global Makeup Remover Market Analysis, 2020", the makeup remover market is expected to register a CAGR of 7.4% during 2020-25. Asia-Pacific is expected to have a highest market share in the makeup remover market by 2025, which is further anticipated to outperform North America and Europe in the years to come due to extensive adoption of cosmetic products, primarily in China and India. India beauty and personal care market is projected to grow from USD 9.5 billion to 10.5 billion in 2021.

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The highest growth of working women is registered in the regions of Middle East & Africa with growth from 13.70% in 2015 to 15.10% in 2018 in UAE, according to the World Bank. Saudi Arabia working women participation is surging from 22.08% in 2015 to 23.37% in 2018, encouraging the cosmetic companies to expand their presence in the Middle East. With the changing lifestyle and rising use of cosmetic products among the young generation acts as a trigger to the growth of Middle East makeup remover market. Moreover, the trend of using the halal cosmetic products is emerging as a new avenue for the revenue generation for makeup remover manufacturers or suppliers. The demand for it is expected to outpace the conventional makeup remover in the Middle East regions.

Key questions answered in the study

• What are the current and future trends of the Makeup Remover market?
• How the industry has been evolving in terms of end-user demand and application areas?
• What are the future plans and customer expectations of end-users across the country?
• How the competition has been shaping across the countries followed by their comparative factorial indexing?
• What are the key growth drivers and challenges for the Makeup Remover market?
• What are the customer orientation, purchase behavior, and expectations from the Makeup Remover service companies across various regions?