Global Pore Strips Market is valued at approximately USD 1.43 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 5.90% over the forecast period 2022-2029. Pore strips are thought to be quick and simple to use. Scrubs are an example of a substitute that takes some time and goes through a long procedure before they produce the desired outcomes. In the foreseeable future, this aspect is anticipated to increase product demand, particularly among young consumers who want rapid fixes. In the coming years, the growth of the market will also be aided by several well-known brands' expansion of their retail channels, including Estee Lauder, Sephora, and Shiseido Co. Kylie Jenner's skincare line will be introduced in more than 25 European nations in May 2020 thanks to a partnership between Coty, a multinational beauty firm, and skin-and-beauty retailer Douglas. Along with this, key market players are taking initiatives which is driving the growth for the market over the forecast period.
According to Statista, ever since 2018, Nykaa has grown rapidly. The annual revenue reached 0.39 billion USD in the fiscal year 2022 after beginning with just a little bit more than 0.061 billion USD. However, the presence of substitutes stifles market growth throughout the forecast period of 2022-2029.
The key regions considered for the Global Pore Strips Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. Asia Pacific had the biggest market share in 2021. Since pore strips are gender-neutral and men tend to have more noticeable bigger pores as a result of having excessive oil production on their skin, more men are using these items in their personal care routines. Along with this, North America is growing with the fastest CAGR over the forecast period. These solutions have potent adhesive characteristics that aid in removing blackheads and overproduction of oil. These elements are anticipated to influence consumer product uptake in North America.
Major market players included in this report are:
Starface
Kao Corporation
Walgreen Co.
Ulta Beauty
Earth Therapeutics
Sephora
L'Oreal
Tonymoly Co., Ltd.
Boscia
Hip Hop
Recent Developments in the Market:
August 2020: The new "lift off" pore strips from Starface, a U.S.-based skincare product producer, were introduced. They are intended to cleanse pores and get rid of blackheads. These strips contain aloe barbadensis leaf extract and witch hazel leaf extract, which help to soften and enhance the appearance of injured skin.
Global Pore Strips Market Report Scope:
Historical Data: 2019-2020-2021
Base Year for Estimation: 2021
Forecast period: 2022-2029
Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered: Ingredient, End-use, Region
Regional Scope: North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and Ingredient offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Ingredient:
Charcoal
Non-charcoal
By End-use:
Salon
Home
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
RoLA
Rest of the World
