Seattle, WA -- (SBWIRE) -- 11/07/2019 -- The demand for sheet face masks is significantly increasing from people across all ages for use in moisturizing, nourishing, anti-wrinkle, and anti-fatigue. Materials such as cotton, micro-fibers, hydrogels, clay, and charcoal are used to make sheet face masks. On the basis of application, face masks can be divided into several types that include hydrogel masks that find application in moisturizing and bio-cellulose masks that are used in the treatment of severe burns or wounds. A major factor boosting demand for sheet face masks is the constantly changing environmental conditions that may lead to dry skin, wrinkles, acne, and other skin problems, especially in the adolescent population. Therefore, increasing number of young people is expected to contribute to the market growth. For instance, according to World Bank 2016 Report, 4.869 billion people were reported to be in the age group of 15 to 64 years.
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Key players in the market are focused on developing bio-based products, owing to increasing preference of these products from the populace.
However, development of sheet face masks is associated with high costs. Moreover, the number of people using sheet face masks is low. Such scenario is expected to hamper growth of the market over the forecast period.
Sheet Face Masks Market Taxonomy:
Global sheet face masks market is segmented on the basis of product type and application as,
By Product Type:
- Clay & charcoal
Among product types, the hydrogel sheet face masks segment held dominant position in the global sheet face masks market in 2016. This is attributed to several benefits of hydrogel sheet face masks such as high level of absorption and long-lasting moisturizing effects. The bio-cellulose sheet face mask segment is expected to witness the fastest growth during the forecast period, owing to increasing preference for bio-based facial masks.
Among applications, the moisturizing segment accounted for the largest market share in 2016. This is attributed to increasing use of sheet face masks in the treatment of Atopic Dermatitis or Eczema caused by skin dryness.
Sheet Face Masks Market Outlook:
1. The market in Asia Pacific held dominant position in the global sheet face masks market in 2016. Moreover, high availability of raw materials such as cotton, cellulose, and clay coupled with high number of manufacturing units of sheet face masks in South Korea and China is expected to aid the market in Asia Pacific to retain its dominance throughout the forecast period.
2.Increasing inclination towards enhancing aesthetic appeal especially among the geriatric populace is a major factor boosting growth of the market in Europe. The market is expected to witness significant growth over the forecast period, owing to increasing geriatric population. For instance, according to United Nations, Europe accounted for the highest percentage of geriatric population (over 25% of total population) in 2017.
3.Major government bodies in Middle East have imposed stringent regulations on the manufacturing of cosmetics. For instance, in 2016, Gulf Cooperation Council Standardization Organization (GSO) replaced old labelling cosmetics & personal care product standards (GSO 1943/2009) by new standards (GSO 1943/2016). This new standards implies new packaging standards such as declaration of nano-particles, name of cosmetic product in Arabic language and amendment of the annexes according to EU 1223/2009. Moreover, increasing preference of the populace in the region towards substitutes such as halal cosmetics is also adversely impacting growth of the sheet face masks market in Middle East.
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Key players in Global Sheet Face Masks Market
Major players operating in the global sheet face masks market include, Decleor, Starskin, Sephora Inc., Boss Biological Technique Ltd., Kracie Holdings, Ltd., 3Lab, Innisfree, Bio-Republic Skin Care, and Yunos Co. Ltd.
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