Press release
What are the opportunities in the Global Cotton Pads Market?
Cotton pads are made from raw cotton and are widely used in the cosmetics and medical sectors, across the globe. These pads are majorly used for face cleansing and to prevent bleeding from skin cuts and injuries. Moreover, usage of cotton pads for makeup application and removal has gained traction since the last few years.
The global cotton pads market is estimated to surpass US$ 806.3 million by the end of 2027 in terms of revenue, exhibiting a CAGR of 5.0% during the forecast period (2020 to 2027).
For Better Understanding, Download Sample Copy of Cotton Pads Report in Just One Single Step: https://www.coherentmarketinsights.com/insight/request-sample/4447
Competitive Section
Key players operating in the global cotton pads market include CMC Consumer Medical Care GMBH, Cotton Club, Groupe Lemoine, Sanitars, Shiseido Co. Ltd., Sisma S.P.A, TZMO SA, L&R USA Inc., Unicharm Corporation, and PT Cottonindo Ariesta Tbk.
Drivers
Rising awareness among the millennial population about personal care and hygiene is expected to boost demand for cotton pads in the upcoming years. Furthermore, long fiber cotton having ability to absorb more oil and other liquid make them well-suited for several cosmetic applications.
Moreover, increasing disposable income of the working population has fueled demand for cosmetics products, thereby, generating demand for cotton pads. For instance, according to the Organization for Economic Co-operation and Development, per capita, disposable income in European Union was valued at US$ 33,399 in 2018, which increased to US$ 34,355 in 2019.
Among regions, Asia Pacific held dominant position in the global cotton pads market in 2019, accounting for 35.7% market share, in terms of revenue, followed by Europe and North America.
Figure 1. Global Cotton Pads Market Revenue Share (%), By Region, 2019
Cotton Pads | Coherent Market Insights
Market Restraints
The increasing number of substitutes to cotton pads available is expected to hamper the market growth to some extent. Alternatives such as flannel, bamboo, and other microfiber pads are witnessing a surge in demand across the cosmetics and personal care industry. Moreover, a research study conducted by the U.S. EPA (Environmental Protection Agency) in 2016, stated that fine microfiber (0.38 mm or less in diameter) can remove 98% of bacteria and 93% of viruses, while cotton can only remove 30% of bacteria and 23% viruses. Rising adoption of these materials is expected to hinder demand for cotton pads in the near future.
Cotton Pads Market Report Coverage
Report Coverage Details
Base Year: 2019 Market Size in 2019: US$ 565.2 Mn
Historical Data for: 2017 and 2018 Forecast Period: 2020 to 2027
Forecast Period 2020 to 2027 CAGR: 5.0% 2027 Value Projection: US$ 806.3 Mn
Geographies covered:
North America: U.S. and Canada
Latin America: Brazil, Argentina, Mexico, and Rest of Latin America
Europe: U.K., Germany, France, Italy, Spain, Russia, and Rest of Europe
Asia Pacific: China, India, Japan, ASEAN, South Korea, Australia, and Rest of Asia Pacific
Middle East & Africa: Middle East and Africa
Segments covered:
By Product Type: Round Cotton Pads, Square Cotton Pads, and Oval Cotton Pads
By End Use Industry: Cosmetic, Medical, and Others
By Distribution Channel: Hypermarket/Supermarket, Specialty Stores, Online, and Others
Companies covered:
CMC Consumer Medical Care GMBH, Cotton Club, Groupe Lemoine, Sanitars, Shiseido Co. Ltd., Sisma S.P.A, TZMO SA, L&R USA Inc., Unicharm Corporation, and PT Cottonindo Ariesta Tbk.
Growth Drivers:
Increasing usage of cotton pads for skin cleaning and nourishment
Rising demand for the application of facial cosmetic products
Restraints & Challenges:
Increasing number of substitutes to conventional cotton pads
Market Trends
On account of excessive water consumption by the cotton plants, the adoption of reusable cotton pads is gaining traction across the cosmetics and pharmaceutical sectors. For instance, according to the article published on February 7, 2017, by Water Footprint Calculator, the water footprint for 1 pound of cotton is around 1,320 gallons. Thus, players operating in this market are expected to develop advanced reusable cotton pads with varied properties, depending upon their end application.
Figure 2. Global Cotton Pads Market – Opportunity Analysis
Cotton Pads | Coherent Market Insights
On the basis of distribution channel, in 2019, specialty stores segment accounted for 33.1% of the revenue share in the global cotton pads market. Specialty stores offer enhanced consumer experience, provide solution-based approaches in digital formats, and also provide open-sell environments, thereby supporting growth of the segment. Moreover, according to the Coherent Market Insights analysis, the future growth of specialty stores is promising, primarily due to changing trends in lifestyles, growing family income, urbanization, education, and new product development.
Buy Now This Premium Report to Grow your Business (Single User License: US $4,500): https://www.coherentmarketinsights.com/insight/request-discount/4447
Figure 3. Global Cotton Pads Market Revenue Share (%), By Distribution Channel, 2019
Cotton Pads | Coherent Market Insights
Global Cotton Pads Market - Impact of Coronavirus (COVID-19) Pandemic
The global market for cotton pads has been impacted due to the ongoing COVID-19 pandemic. Several governments across the globe have imposed nationwide lockdowns to limit the spread of the virus, which resulted in the shutting down of businesses and ceasing of several economic activities. According to the International Monetary Fund’s 2020 report, the global economy is expected to contract sharply by 3.0% in 2020, which is worse than the 2008-09 financial crisis. Moreover, reduced demand for cosmetics has indirectly led to low demand for cotton pads across the cosmetics sector. For instance, in 2020, L'Oréal, the world’s largest cosmetic manufacturer, witnessed a sharp decline of 7.7%, 4.8%, and 3.7% in growth across Western Europe, North America, and the Asia Pacific regions.
Contact Us:
Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: sales@coherentmarketinsights.com
About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.
The global cotton pads market is estimated to surpass US$ 806.3 million by the end of 2027 in terms of revenue, exhibiting a CAGR of 5.0% during the forecast period (2020 to 2027).
For Better Understanding, Download Sample Copy of Cotton Pads Report in Just One Single Step: https://www.coherentmarketinsights.com/insight/request-sample/4447
Competitive Section
Key players operating in the global cotton pads market include CMC Consumer Medical Care GMBH, Cotton Club, Groupe Lemoine, Sanitars, Shiseido Co. Ltd., Sisma S.P.A, TZMO SA, L&R USA Inc., Unicharm Corporation, and PT Cottonindo Ariesta Tbk.
Drivers
Rising awareness among the millennial population about personal care and hygiene is expected to boost demand for cotton pads in the upcoming years. Furthermore, long fiber cotton having ability to absorb more oil and other liquid make them well-suited for several cosmetic applications.
Moreover, increasing disposable income of the working population has fueled demand for cosmetics products, thereby, generating demand for cotton pads. For instance, according to the Organization for Economic Co-operation and Development, per capita, disposable income in European Union was valued at US$ 33,399 in 2018, which increased to US$ 34,355 in 2019.
Among regions, Asia Pacific held dominant position in the global cotton pads market in 2019, accounting for 35.7% market share, in terms of revenue, followed by Europe and North America.
Figure 1. Global Cotton Pads Market Revenue Share (%), By Region, 2019
Cotton Pads | Coherent Market Insights
Market Restraints
The increasing number of substitutes to cotton pads available is expected to hamper the market growth to some extent. Alternatives such as flannel, bamboo, and other microfiber pads are witnessing a surge in demand across the cosmetics and personal care industry. Moreover, a research study conducted by the U.S. EPA (Environmental Protection Agency) in 2016, stated that fine microfiber (0.38 mm or less in diameter) can remove 98% of bacteria and 93% of viruses, while cotton can only remove 30% of bacteria and 23% viruses. Rising adoption of these materials is expected to hinder demand for cotton pads in the near future.
Cotton Pads Market Report Coverage
Report Coverage Details
Base Year: 2019 Market Size in 2019: US$ 565.2 Mn
Historical Data for: 2017 and 2018 Forecast Period: 2020 to 2027
Forecast Period 2020 to 2027 CAGR: 5.0% 2027 Value Projection: US$ 806.3 Mn
Geographies covered:
North America: U.S. and Canada
Latin America: Brazil, Argentina, Mexico, and Rest of Latin America
Europe: U.K., Germany, France, Italy, Spain, Russia, and Rest of Europe
Asia Pacific: China, India, Japan, ASEAN, South Korea, Australia, and Rest of Asia Pacific
Middle East & Africa: Middle East and Africa
Segments covered:
By Product Type: Round Cotton Pads, Square Cotton Pads, and Oval Cotton Pads
By End Use Industry: Cosmetic, Medical, and Others
By Distribution Channel: Hypermarket/Supermarket, Specialty Stores, Online, and Others
Companies covered:
CMC Consumer Medical Care GMBH, Cotton Club, Groupe Lemoine, Sanitars, Shiseido Co. Ltd., Sisma S.P.A, TZMO SA, L&R USA Inc., Unicharm Corporation, and PT Cottonindo Ariesta Tbk.
Growth Drivers:
Increasing usage of cotton pads for skin cleaning and nourishment
Rising demand for the application of facial cosmetic products
Restraints & Challenges:
Increasing number of substitutes to conventional cotton pads
Market Trends
On account of excessive water consumption by the cotton plants, the adoption of reusable cotton pads is gaining traction across the cosmetics and pharmaceutical sectors. For instance, according to the article published on February 7, 2017, by Water Footprint Calculator, the water footprint for 1 pound of cotton is around 1,320 gallons. Thus, players operating in this market are expected to develop advanced reusable cotton pads with varied properties, depending upon their end application.
Figure 2. Global Cotton Pads Market – Opportunity Analysis
Cotton Pads | Coherent Market Insights
On the basis of distribution channel, in 2019, specialty stores segment accounted for 33.1% of the revenue share in the global cotton pads market. Specialty stores offer enhanced consumer experience, provide solution-based approaches in digital formats, and also provide open-sell environments, thereby supporting growth of the segment. Moreover, according to the Coherent Market Insights analysis, the future growth of specialty stores is promising, primarily due to changing trends in lifestyles, growing family income, urbanization, education, and new product development.
Buy Now This Premium Report to Grow your Business (Single User License: US $4,500): https://www.coherentmarketinsights.com/insight/request-discount/4447
Figure 3. Global Cotton Pads Market Revenue Share (%), By Distribution Channel, 2019
Cotton Pads | Coherent Market Insights
Global Cotton Pads Market - Impact of Coronavirus (COVID-19) Pandemic
The global market for cotton pads has been impacted due to the ongoing COVID-19 pandemic. Several governments across the globe have imposed nationwide lockdowns to limit the spread of the virus, which resulted in the shutting down of businesses and ceasing of several economic activities. According to the International Monetary Fund’s 2020 report, the global economy is expected to contract sharply by 3.0% in 2020, which is worse than the 2008-09 financial crisis. Moreover, reduced demand for cosmetics has indirectly led to low demand for cotton pads across the cosmetics sector. For instance, in 2020, L'Oréal, the world’s largest cosmetic manufacturer, witnessed a sharp decline of 7.7%, 4.8%, and 3.7% in growth across Western Europe, North America, and the Asia Pacific regions.
Contact Us:
Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: sales@coherentmarketinsights.com
About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage
to this press release on woodPRI. woodPRI disclaims liability for any content contained in
this release.
Recommend
/newsMicroencapsulation Market Deep Analysis on Key Players - Dow Corning, Encapsys, Syngenta Crop Protection, Evonik Industries, 3M and Bayer
Market Study Report Adds Global Microencapsulation Market Size, Status and Forecast 2024 added to its database. The report provides key statistics on the current state of the industry and other analytical data to understand the market.
Extensive research is required for choosing the appropriate cor...
/newsGermany Airbag Market Size 2023: Global Share, Industry And Report Analysis By 2030 | Hyundai Mobis Co., Ltd. Key Safety Systems, Inc. Robert Bosch GmbH
Germany airbag market is expected to grow at a CAGR of around 6% during the forecast period. Germany Airbag Market research report refers to gathering and analyzing significant market data serve as best medium for various industry players to launch novel product or service. It is vital for key firms...
/newsSecurities Brokerages And Stock Exchanges Market Outlook 2021: Big Things are Happening
A new intelligence report released by HTF MI with title "Global Securities Brokerages And Stock Exchanges Market Survey & Outlook" is designed covering micro level of analysis by Insurers and key business segments, offerings and sales channels. The Global Securities Brokerages And Stock Exchange...
/newsRenewable Chemicals Market Emerging Trends and Competitive Landscape Forecast to 2028
The renewable chemicals market was valued at US$ 80,566.30 million in 2021 and is projected to reach US$ 1,76,750.76 million by 2028 it is expected to grow at a CAGR of 11.9% from 2021 to 2028. The research report focuses on the current market trends, opportunities, future potential of the market, a...
/newsHow Coronavirus is Impacting Cold Brew Coffee, Global Market Volume Analysis, Size, Share and Key Trends 2020-2026
"Market Latest Research Report 2020:
Los Angles United States, February 2020: The Cold Brew Coffee market has been garnering remarkable momentum in the recent years. The steadily escalating demand due to improving purchasing power is projected to bode well for the global market. QY Research's lates...
/newsCorporate E-Learning Market - Global Industry Size, Share, Key Players Analysis that are Infor, SkillSoft Corporation, Adrenna, CERTPOINT Systems and others with Regional Forecast to 2022
Overview:
E-Learning is used to enhance the learning procedures for newer job requirements and to make employees sound about the internal and external changes in the market and respective organizations. This method has created considerable differences in the ways of training and developing employee...
