According to Cognitive Market Research, the global Facial Cleansing Balm market size was USD 524.2 million in 2024. It will expand at a compound annual growth rate (CAGR) of 12.20% from 2024 to 2031.
North America held the major market share for more than 40% of the global revenue with a market size of USD 209.68 million in 2024 and will grow at a compound annual growth rate (CAGR) of 10.4% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 157.26 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 120.57 million in 2024 and will grow at a compound annual growth rate (CAGR) of 14.2% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 26.21 million in 2024 and will grow at a compound annual growth rate (CAGR) of 11.6% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 10.48 million in 2024 and will grow at a compound annual growth rate (CAGR) of 11.9% from 2024 to 2031.
The oil-based cleansing balms are the fastest growing segment of the Facial Cleansing Balm industry
