North America Botanical Cleansing Oil Market Size, Share & Trends Analysis Report By Distribution Channel (Online and Offline), By Type (Mixed Skin, Dry Skin, and Oily Skin) By Country and Growth Forecast, 2024 - 2031
The North America Botanical Cleansing Oil Market would witness market growth of 9.4% CAGR during the forecast period (2024-2031). In the year 2020, the North America market's volume surged to 847.13 Tonnes, showcasing a growth of 16.9% (2020-2023).
Online distribution plays a pivotal role in the market by offering convenience, accessibility, and a broader reach to consumers. Through online platforms, consumers can easily browse, compare, and purchase these products from the comfort of their homes, eliminating the need to visit physical stores. Therefore, the US market consumed 621.13 tonnes of Botanical Cleansing Oil through Online distribution channels in 2023.
The US market dominated the North America Botanical Cleansing Oil Market by Country in 2023 and would continue to be a dominant market till 2031; thereby, achieving a market value of $659.4 Million by 2031. The Canada market is experiencing a CAGR of 11.8% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 10.9% during (2024 - 2031).
The market refers to the skincare industry segment that focuses on products formulated with botanical extracts and natural oils for cleansing purposes. Also, botanical cleansing oils are designed to remove impurities, makeup, and excess oil from the skin while providing nourishment and hydration. These serve diverse applications within the skincare industry, offering versatile solutions for various skin concerns and preferences.
One of the primary applications of botanical cleansing oils is as an effective makeup remover. Their ability to dissolve makeup, including waterproof formulas and long-wearing products, makes them a preferred choice for effortlessly removing impurities without tugging or pulling at the skin. Botanical oils gently lift away makeup residues by emulsifying upon contact with water, leaving the skin clean and refreshed.
The growth of the cosmetics industry in Canada creates opportunities for expansion within the market. As Canadian consumers become more aware of the benefits of botanical-based skincare products, there is potential for market growth and increased sales of these oils across retail channels. Thus, the expansion of the cosmetics industry and the rising e-commerce industry in the region is propelling the market’s growth.
Based on Distribution Channel, the market is segmented into Online and Offline. Based on Type, the market is segmented into Mixed Skin, Dry Skin, and Oily Skin. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
List of Key Companies Profiled
- Kao Corporation
- Unilever PLC
- L'Oreal S.A.
- Avon Products, Inc. (Natura &Co Holding S.A.)
- Johnson & Johnson
- Activist Skincare LLC
- The Procter and Gamble Company
- The Clorox Company
- The Colgate Palmolive Company
- COSRX, Inc. (Amorepacific Corporation)
North America Botanical Cleansing Oil Market Report Segmentation
By Distribution Channel (Volume, Tonnes, USD Billion, 2020-2031)
By Type (Volume, Tonnes, USD Billion, 2020-2031)
- Mixed Skin
- Dry Skin
- Oily Skin
By Country (Volume, Tonnes, USD Billion, 2020-2031)
- US
- Canada
- Mexico
- Rest of North America