Market Overview:

According to Fortune Business Insights The Global Waterless Cosmetics Market size was valued at USD 11.23 billion in 2023. The market is expected to expand from USD 11.78 billion in 2024 to USD 19.81 billion by 2032, exhibiting a CAGR of 6.71% over the study period.

Waterless cosmetics are inclusive of water-free beauty products that mostly do not contain water as a main ingredient. The increasing adoption of healthy skincare routines among women is expected to expedite product demand, augmenting market growth. The consciousness among women about the ingredients in their skincare products is increasing, and they are searching for formulations that do not contain harmful chemicals.

The COVID-19 pandemic resulted in extensive lockdowns and restrictions that led to upheavals in the supply of raw materials and transportation disruptions. As a result, the production units were influenced, making it problematic for cosmetics brands to maintain their supply chains while serving consumer demand for waterless products. Despite this, the market witnessed the adoption of DIY beauty regimens and self-care routines by several consumers as more time was spent at home.

List of Key Players Mentioned in the Report:

• L’Oréal S.A. (France)
• The Procter & Gamble Company (U.S.)
• Kao Corporation (Japan)
• Henkel AG & Co. KGaA (Germany)
• The Estée Lauder Companies Inc.(U.S.)
• Amway (U.S.)
• Biotique (India)
• Revlon Inc. (U.S.)
• Coty Inc. (U.S.)
• Shiseido Company, Ltd. (Japan)
• Ruby's Organics (India)
• Clensta (India)
• Olaplex (U.S.)