New York, NY, July 29, 2019 (GLOBE NEWSWIRE) -- Zion Market Research has published a new report titled “Pore Strips Market by Price (Premium and Mass) and by Sales Channel (Departmental Stores, Convenience Stores, Specialty Stores, Online Retailers, Drug Stores, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025”. According to the report, global pore strips market was around USD 1.5 billion in 2018 and is expected to reach approximately USD 2.2 billion by 2025, at a CAGR of slightly above 6.5% between 2019 and 2025.
Pore strips are used to remove blackheads from the skin. These strips have an adhesive on one side that traps the oil and pulls it out, to leave the skin soft and clearer. Single-use skin care products like pore strips are in the growth phase of their product lifecycle, and manufacturers are aiming at capitalizing the growing consumer demands by offering such products at economical prices.
Browse through 37 Tables & 23 Figures spread over 110 Pages and in-depth TOC on “Global Pore Strips Market: By Types, Applications, Channels, Industry Size, Share, Trends, Analysis, and Forecast, 2018–2025”.
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One of the major driving factors of the pore strips market across the world is the global blackhead prevalence, which is a very common skin-related issue. Pore strips are generally used as a quick fix for blackhead removal. Even in the foreseeable future, blackheads likely continue to represent a common skin problem for consumers, which will affect their decisions to opt for expensive skin treatments or use an effective, economical, and easy-to-use alternative, i.e., pore strips. Moreover, various product developments along with substantial research and development activities are undertaken by the key market players, which are also supporting the pore strips market globally.
Additionally, the rising disposable income of the global population, particularly in the developing economies, is expected to provide many growth opportunities for the global pore strips market in the years ahead. On the other hand, using pore strips extensively can darken skin complexion and lead to broken capillaries on the thinner layers of the skin, which is leading to the growing skepticism among the consumers whether to use pore strips or not. This is a major growth restraint of the pore strips market globally.
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The global pore strips market can be fragmented based on price and sales channel. Based on price, the market is segmented into premium and mass. The sales channel segment includes convenience stores, departmental stores, specialty stores, drug stores, online retailers, and others.
Based on the region, the market for pore strips includes Europe, North America, Asia Pacific, Latin America, and the Middle East and Africa. The Asia Pacific region accounted for the most significant share of the pore strips market globally, in terms of value in 2018. This can be attributed due to the growing consumption of pore strips in China and India and the region’s flourishing cosmetic sector. Moreover, the rise in the disposable income of the regional consumer is leading to increased spending on cosmetics and beauty care products, which is further supporting the pore strips market in the Asia Pacific.
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North America is likely to witness substantial growth in the global pore strips market and register the highest rate of growth in years to come. The region is experiencing steady market growth in developed countries. The U.S. is likely to account for a small share of the North American pore strips market in the future. Moreover, the growing consumer demand for economically-priced pore strips across the region is one of the major factors supporting the regional market.
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Europe is likely to witness moderate growth in the global pore strips market over the forecast time period. This can be attributed to the rising demand for pore strips in the region, which is due to various substantial developments undertaken by the key players that are supporting the European pore strips market growth.
Some major players operating in the global pore strips market are Earth Therapeutics, P&G, Kao Corporation, Unilever, Lucky Fine, Boscia, Boots, Sephora, and Ulta Beauty.
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This report segments the global pore strips market into:
Pore Strips Market: Price Analysis
- Premium
- Mass
Pore Strips Market: Distribution Channel Analysis
- Departmental Stores
- Convenience Stores
- Specialty Stores
- Online Retailers
- Drug Stores
- Others
Pore Strips Market: Regional Analysis
- North America
- The U.S.
- Europe
- UK
- France
- Germany
- Asia Pacific
- China
- Japan
- India
- Latin America
- Brazil
- The Middle East and Africa
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