Hydrating Spray Market to reach a market size of $5.8 billion by 2025

According to a new report Hydrating Spray Market, published by KBV Research, The Hydrating Spray Market size is expected to reach $5.8 billion by 2025, rising at a market growth of 6% CAGR during the forecast period. One of the major growth drivers in this area is the increased demand for hair and body mist products from the male grooming market. The development of the organized retail industry has also led to the growth of the market. A significant amount of revenue comes from organized retailers for hair and body mist products.

The Face Hydrating Spray market dominated the Hydrating Spray Market by Product Type 2018, growing at a CAGR of 4.9 % during the forecast period. The Body market is anticipated to witness a CAGR of 6.7% during (2019-2025). Additionally, The Hair market would witness highest CAGR of 7.2% during (2019-2025).

The Female market dominated the Hydrating Spray Market by Gender 2018, and would continue to be a dominant market till 2025; growing at a CAGR of 5.3 % during the forecast period. The Male market showcases prominent growth rate of 7.6% during (2019-2025).

In 2018, North America recorded a large share of the Hydrating Spray market. India and China are expected to deliver extensive growth to the Asia Pacific Hydrating Spray market as a result of rapidly changing lifestyles and increasing disposable incomes in these nations. Periodic product launch by hair and body mist producers has attracted customers who are seeking novel and advanced products. The Europe market is expected to witness a CAGR of 4.5% during (2019-2025).

Structural Insights: https://www.kbvresearch.com/hydrating-spray-market/

The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of L’Oréal Group, Unilever PLC, Oriflame Cosmetics AG, The Procter and Gamble Company, Revlon, Inc., Kao Corporation, Estee Lauder Companies, Inc., Johnson and Johnson, Shiseido Company Limited and Natura & Co.

Recent Strategies Deployed in Hydrating Spray Market

» Acquisition and Mergers:

Oct-2019: Shiseido took over Drunk Elephant, a cult skincare brand. This acquisition enhances the portfolio of skincare products of Shiseido made with efficacious level of ingredients.

Oct-2018: L’Oreal acquired Logocos Naturkosmetik AG for the expansion of its natural beauty product portfolio. Logocos products cover skincare, haircare, hygiene, and hair color product categories. Through this acquisition, L’Oreal is aimed at broadening its organic brands portfolio.

Jun-2018: L’Oreal took over Nanda Co. Ltd., a Korean lifestyle make-up and fashion company, which would help L’Oreal in contributing towards nourishing the growing appetite of make-up in millennials. Nanda has owned a brand 3CE, which contributes 70% of total revenues; L’Oreal will expand the sales of 3CE internationally.

» Product Launches:

May-2019: Tatcha, a Unilever brand announced the launch of Satin Skin Mist for people with oily skin. It is a balancing and hydrating spray and doesn’t affect the way an individual applies or carries the makeup. This mist helps in controlling the excess oil on the face.

Apr-2018: Aveeno, a Johnson & Johnson brand, introduced new SPF 30 moisturizers. This is a lightweight formula in the Aveeno Positively Radiant collection that provides hydration for healthy-looking and radiant skin.

» Expansions:

2018-Nov: Estee Lauder opened a first travel retail counter for its subsidiary, Too Faced, located at DFS store in Terminal 4 at John F. Kennedy International Airport in New York. This counter will showcase cosmetic products such as replenishing primer, hydrating coconut water spray, foundations, mascara, etc.

Hydrating Spray Market Segmentation

By Product Type

Face

Body

Hair

By Gender

Female

Male

By Distribution Channel

Specialty Stores

Supermarkets & Hypermarkets

Online

Others

By Geography

North America

US

Canada

Mexico

Rest of North America

Europe

Germany

UK

France

Russia

Spain

Italy

Rest of Europe

Asia Pacific

China

Japan

India

South Korea

Singapore

Malaysia

Rest of Asia Pacific

LAMEA

Brazil

Argentina

UAE

Saudi Arabia

South Africa

Nigeria

Rest of LAMEA

Companies Profiled

L’Oréal Group

Unilever PLC

Oriflame Cosmetics AG

The Procter and Gamble Company

Revlon, Inc.

Kao Corporation

Estee Lauder Companies, Inc.

Johnson and Johnson

Shiseido Company Limited

Natura & Co.

Hydrating Spray Market Related Reports:

North America Market

Europe Market

Asia Pacific Market

LAMEA Market

 

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