The global Cotton Pads Market is estimated to be valued at US$ 760.00 Mn in 2022 and is expected to exhibit a CAGR of 5.71% over the forecast period from 2023 to 2030.
Market Overview:
Cotton pads are small ovals or squares made from layers of pressed cotton that are used for hygiene and make-up removal. They absorb liquids well and are gentle enough for use on skin and delicate areas. Cotton pads help in cleansing, exfoliating, moisturizing and removing makeup from the face
Market key trends:
Growing awareness about skincare regimes and increasing usage of cosmetic products especially among millennial are expected to drive the demand for cotton pads. Rising focus on personal grooming and growing working women population adopting makeup regimes regularly is further augmenting the market growth. Easy availability through multiple distribution channels including supermarkets, hypermarkets, pharmacies are making cotton pads more accessivle to consumers.
Segment Analysis
The global cotton pads market is segmented by product type into round cotton pads, square cotton pads and oval cotton pads. The round cotton pads segment dominated the market in 2022 and is expected to continue its dominance over the forecast period. Round cotton pads are preferred over other product types due to their versatile usage for cleaning, makeup removal and application. Their spherical shape allows for effective coverage and absorption of liquids and other substances.
Key Takeaways
Global Cotton Pads Market Size is expected to reach US$ 760.00 Mn in 2022. The market is expected to grow at a CAGR of 5.71% during 2023-2030. The growth of the market can be attributed to the increasing demand for effective and gentle makeup removers and cleansers.
Regional analysis
Regionally, North America dominated the cotton pads market in 2022, accounting for around 30% of global revenue. This is due to high consumer spending on personal care and beauty products in the region. However, Asia Pacific is expected to witness the fastest growth over the forecast period owing to the rising disposable incomes and growing awareness about skincare routines in major economies like India and China.
Key players
Key players operating in the cotton pads market are 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. Unicharm Corporation holds the leading market share in the global cotton pads market. The company offers a wide range of cotton pads products across markets to strengthen its market position.
*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it