The global pore strips market is expected to reach USD 4.13 billion by 2025, registering a CAGR of 7.6% over the forecasted period, according to a new report by Grand View Research, Inc. The growing fashion consciousness coupled with increasing pollution level leading to facial skin problems is driving the product demand.
On the basis of ingredients, charcoal held the leading market share of 39.18% in 2018. The ingredient is perceived to have qualities of removing dirt and impurities and it can exfoliate the skin by removing oils, driving the adoption of the ingredient. Apart from charcoal, tea tree oil is expected to register the fastest CAGR of 9.3% over the forecast period. The natural benefits of the product that soothe the skin and cure itching and dryness is anticipated to fuel the demand.
Home segment held the leading market share of more than 59.53% in terms of revenue in 2018. The idea that the product can give instant results and is easy to use, is making it popular among the home users. Apart from home segment, salon is found to be the fastest growing consumer and is witnessing a significant CAGR of around 7.8% over the forecast period. In salon, the beauty stylists use the pore strips with other products to give better results, thus propelling the demand.
Asia Pacific emerged as the largest regional segment with more than 40.0% of the market share in 2018. The growing pollution in the emerging countries such as India and China which accounts for more than 34% of the global population and increasing consumer awareness towards healthy skin is fuelling the regional growth. Central and South America (CSA) is projected to register the fastest CAGR of over 9.7% during forecast period. The hot and humid climatic condition of the region has led to increase in demand for the product.
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Further key finding from the report suggests:
In terms of revenue, tea-tree oil ingredient segment is projected to ascend at a CAGR of 9.3% during the forecast period.
Countries such as Brazil, which has hot and humid climate and is facing the problem of a rise in pollution, is projected to register the faster CAGR due to increasing product demand
Salon end use segment in the pore strips market is anticipated to register a rapid CAGR of 7.8% in the forthcoming years
Grand View Research has segmented the global pore strips market on the basis of end use, ingredient, and region:
Pore Strips End Use Outlook (Revenue, USD Million, 2015 - 2025)
Pore Strips Ingredients Outlook (Revenue, USD Million, 2015 - 2025)
Pore Strips Regional Outlook (Revenue, USD Million, 2015 - 2025)
Middle east and Africa
Central and South America
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