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The cleansing lotion market size is estimated to grow at a CAGR of 5.69% between 2023 and 2028. The market size is forecast to increase by USD 2,255.57 million. Our report examines historic data from 2018 to 2022, besides analyzing the current market scenario.
Increasing demand for beauty products is notably driving the market growth. A significant increase in the beauty-conscious population base across the world is expected to contribute to the growth of the global cleansing lotion market. Developed regions are witnessing a growth in the sales of cleansing lotions, owing to the high spending per capita income of consumers on BPC products. Furthermore, this increase in the demand for BPC products globally has prompted vendors to establish their businesses in developing countries, thereby driving the growth of the cleansing lotion market. Some examples of vendors that operate in developing countries include Estee Lauder, L and Oreal, and Unilever. They provide a wide range of cleansing lotions. Therefore, the growth in demand for beauty and skincare products will drive the growth of the market during the forecast period.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Distribution Channel
7 Market Segmentation by End-user
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
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