A recent report published by Infinium Global Research on the pore strips market provides an in-depth analysis of segments and sub-segments in the global as well as regional pore strips market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional pore strips market over the short term as well as the long term. The report is a comprehensive presentation of trends, forecasts, and dollar values of the global pore strips market. According to the report, the global pore strips market is projected to grow at a CAGR of 6% over the forecast period of 2022-2028. The revenue of the market in 2022 was approximately USD 1.5 billion which is expected to reach around USD 2 billion by 2028.
Pore strips are materials that have an adhesive side to adhere to and pull out the comedones, or blackheads and whiteheads. These happen when the oil in the skin gets trapped in the skin and gets exposed to air and oxidizes. The adhesive grabs the oil and pulls it out this is how the comedones are actually taken out. Pore strips are typically used to unclog dead skin pores and improve skin texture. Pore strips effectively remove the dirt and oil from pores and give the appearance of smooth skin, which is the dream skin of many millennials. This is why it is so popular among the young generation and also it’s quite cheap compared to the other skin products. Its popularity is one of the major reasons driving the growth of the market.
Due to the covid-19 pandemic, most industries were impacted negatively across the world. This contributed to the disruptions experienced by their respective manufacturing and supply chain operation. But unlike many industries, the beauty and the cosmetic industry witnessed significant growth in sales of their products, employing their e-commerce approach. Due to lockdown all over the world, people were actively connecting with each other via social media, which was a great way for the beauty industry to leverage and attract their customers. With the increase in usage of the internet, there has been an increase in the number of online retailers offering beauty and skincare products.
The rise in the number of skin-related issues and increasing awareness among consumers about the importance of healthy skin are key factors driving the growth of the market. Pore strips are inexpensive solutions, therefore attracting a huge number of looks-conscious consumers regardless of their gender. The rising air pollution is also likely to drive the sales of the pore strips market in the expected timeframe. Substitutes for pore strips like scrubs require a lot more time and have a lengthy process before they can show desired results. This factor is also expected to drive the market in the near future, especially among the beauty-conscious people, after, who don't want to look good. Retailers have been venturing into online retail as numerous consumers prefer virtual marketplaces to purchase a variety of products. These trends are expected to positively influence the market growth over the forecast period.
The report provides regional
analysis covering geographies such as North America, Europe, Asia-Pacific, and
the Rest of the World. Central and South America will carry on to undergo
substantial gains during the forecast period owing to the surging number of
manufacturers, high demand from the emerging economies, rapid modernization,
and increasing personal disposable income. Asia-Pacific holds the largest share
in the market, the reason behind the dominance of this region over the market
is the presence of major beauty suppliers such as China, Japan, and South
Korea. The region will continue to
witness a rise in the market growth rate during the forecast period owing to
the mounting expenditure for research and development proficiencies. China held
the maximum market share in the Asia Pacific, and it is projected to grow at a
significant CAGR. Growing awareness of facial care and personal grooming is
further bolstering product demand.
The report on the global pore strips market covers segments such as ingredients, distribution, and end-user. On the basis of ingredients, the sub-markets include charcoal, silicon, tea tree oil, and others. On the basis of distribution, the sub-markets include online, supermarket/hypermarket, specialty store, pharmacy, and others. On the basis of end-user, the sub-markets include home and salon.
The report provides profiles of the companies in the market such as Kao Corporation, Walgreen Co., Ulta Beauty, Earth Therapeutics, Sephora, L’Oréal SA, Tonymoly Co., Ltd., Boscia, HipHop Skin Care, and Estée Lauder Companies Inc.
The report provides deep insights
into the demand forecasts, market trends, and micro and macro indicators. In
addition, this report provides insights into the factors driving and restraining this market's growth. Moreover, The IGR-Growth Matrix analysis
given in the report brings an insight into the investment areas that existing
or new market players can consider. The report provides insights into the
market using analytical tools such as Porter's five forces analysis and DRO
analysis of the pore strips market. Moreover, the study highlights current market
trends and provides forecasts for 2022-2028. We also have highlighted future
trends in the market that will affect the demand during the forecast period.
Moreover, the competitive analysis given in each regional market brings an
insight into the market share of the leading players.
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