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Pore Strips Market Size & Share, 2019-2025 | Global Industry Report

Pore Strips Market Analysis Report By Ingredient, By End Use, By Region and Segment Forecasts From 2019 To 2025

Report ID: MN17619418  |  Published: April 2020  |  No of Pages: 80
Format: Electronic (PDF)  |  Industry: Consumer Goods  |  Publisher: Grand View Research

Industry Insights

The global pore strips market was valued at USD 2.48 Million, in 2018. The market is estimated to grow at a CAGR of 7.6% over the forecast duration, 2019 to 2025. 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.

Further, the rising demand for cosmetics from both males and females is expected to positively affect market growth. Owing to changing lifestyles, consumers are reluctant to invest their time in costly skin treatment in beauty salons. Pore strips provide cost-effective solution thus, attracts a large number of beauty-conscious consumers. Increasing air pollution level is further likely to boost the demand for the product.

North America pore strips market size, by end use

Various other facial creams and face washes are not effective for quick results. This has led to a rise in demand for pore strips as it exfoliates the skin quickly. Further, it helps in removing blackheads and oils from the skin thus, making the skin smooth. These benefits offered by the product is likely to boost its demand throughout the forecast duration.

However, the presence of adhesives in pore strips have a negative impact on skin health. This product may result in causing irritation and the red scar on the skin. As skin experts suggest, strips are highly likely to cause irritation or red mark on the skin even if one removes it with care. They often damage the first layer of the skin. Thus, regular use of this product may damage the skin significantly. All these aforementioned factors are projected to hinder the market growth. In spite of the side effects associated with this product, growing focus by young consumers on personal care and changing fashion trends are expected to proliferate the market growth.

End Use Insights

Based on end-use, pore strips market is bifurcated into homes and salons. The home segment occupied the largest market share of 59.53%, in 2018. Quick results without manual intervention are the key factor attributing to the growth of this segment. Further, increasing the popularity of the product among the working-class owing to lack of time to visit salons are positively affecting the segment growth.

On the other hand, the salon segment is likely to register the highest CAGR of 7.8% during the forecast years. Changing fashion trends, growing beauty industry and rise in expenditure on personal care are driving the growth of this segment.

Ingredients Insights

Among different ingredients, charcoal occupied the largest share in the market with 39.18%, in 2018. Charcoal helps in removing chemicals, bacteria and other impurities quickly. Further, it helps in exfoliating the skin and reduce hyper pigmentation apart from reducing inflammation. These factors are expected to propel the market growth during forecast years.

Global pore strips market share

Tea tree oil is likely to be the fastest-growing segment with an estimated CAGR of 9.3% from 2019 to 2025. This ingredient helps in soothing the dry skin and reducing skin irritation. Further, it acts as an antiseptic and treats the oily skins effectively. These factors are projected to positively drive the tea tree oil demand in the near future.

Regional Insights

Asia Pacific accounted for 40% of the market share, in 2018. The region is estimated to grow at a significant growth rate over the forecast duration. China held the maximum market share in Asia Pacific, and it is projected to grow at a CAGR of 8.2% from 2019 to 2025. Growing expenditure on facial care and personal grooming are further bolstering product demand.

Central and South America region is likely to be the fastest-growing market with a CAGR of 9.7% over the forecast period. Growing pollution and changing climatic conditions are key factors propelling the growth of the region. The severity of air pollution can be established by the fact that over 49,000 Brazilian dies each year owing to air pollution.

Pore Strips Market Share Insights

Key players operating in the market are Ulta Beauty, Sephora, P&G, Walgreen Co., Lucky Fine, Earth Therapeutics, Boots and Boscia among others. Manufacturers are focusing on enhancing the quality and effectiveness of the product. There is moderate to low threat for new entrants owing to the presence of the various local and unstructured players. Further, these players are betting big on effective promotional and marketing strategies to strengthen their product demand. Manufacturers also distribute pore strips to fashion bloggers and salons to promote their products.

Report Scope 

Attribute

Details

Base year for estimation

2018

Actual estimates/Historical data

2015 - 2017

Forecast period

2019 - 2025

Market representation

Revenue in USD Million & CAGR from 2019 to 2025

Regional scope

North America, Europe, Asia Pacific, Central & South America, and Middle East & Africa

Report coverage        

Revenue forecast, company share, competitive landscape, growth factors and trends

Country Scope

U.S., France, Germany, China, Japan, Brazil, Turkey

15% free customization scope (equivalent to 5 analyst working days)

If you need specific information, which is not currently within the scope of the report, we will provide it to you as a part of customization


Segments Covered in the Report

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of latest industry trends in each of the sub-segments from 2015 to 2025. For the purpose of this study, Million Insights has segmented the global pore strips market report on the basis of end use, ingredients, and region:

• End Use Outlook (Revenue, USD Million, 2015 - 2025)
    • Salons
    • Homes

• Ingredients Outlook (Revenue, USD Million, 2015 - 2025)
    • Charcoal
    • Silica
    • Tea-Tree Oil
    • Others

• Regional Outlook (Revenue, USD Million, 2015 - 2025)
    • North America
        • U.S.
    • Europe
        • Germany
        • France
    • Asia Pacific
        • China
        • Japan
    • Central & South America
        • Brazil
    • Middle East & Africa
        • Turkey

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