Transparency Market Research

Sheet Face Masks Market Expected to Reach Around 332 Million Units at a CAGR of over 6.1% by 2026

Sheet Face Masks Market is projected to reach a value of US$ 551.3 Mn by 2026; market is estimated to expand at a CAGR of 8.7% during the forecast period from 2018 to 2026.

 

Albany, NY -- (SBWIRE) -- 04/24/2018 -- The skin care industry has shown significant growth in the last few decades. Sheet face mask is an innovative product which has been introduced in the market from the past few years. It has been seen that with the rise in population, personal need for beauty and cosmetics products is driving the market of sheet face masks globally. Increasing use of skin brightening and anti-aging formulation trends which are seen on the purchase of sheet face masks show the interesting insights that can help the market to expand in future. Sheet face masks are face shaped sheets that are soaked with different serums, with different formulations as per the desired end result. They are usually packed individually and are applied to the face, patted, and removed or peeled off after 15-20 minutes.

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The sheet face mask market is segmented by fabric or raw material or fabric type, category type, and distribution channel. By type, the sheet face mask market is divided into non-woven, cotton, hydrogel, bio cellulose, and others such as ecoderma, pulp etc. Based on category type, the sheet face mask market is bifurcated into premium sheet masks and mass sheet masks. Sheet face masks can be segmented into online and offline on the basis of distribution channel. According to geography, the market is segmented into five regions, namely North America, Europe, Asia Pacific, Middle East & Africa, and South America. Asia Pacific held the largest share of the sheet face mask market as there is a high demand due to the rising standard of living, increasing skin care awareness, adverse climatic conditions, and high air pollution rate. The global sheet face mask market is estimated to expand at a significant growth rate between 2018 and 2026 due to the increasing usage of these products and product developments by manufacturers. Consumers are paying greater attention to their skin and have also become beauty conscious. At the same time, increasing number of working women has driven more women to use sheet face masks. Along with increasing female users, there is also a rise in male grooming. This in turn is forcing manufacturers to develop and innovate more products with promotional offers in order to satisfy consumer demands. During the forecast period, bio cellulose sheet face masks are expected to show highest growth due to the increasing awareness about the usage of chemical free and organic products. This is followed by hydrogel sheet masks which give multiple benefits to users such as hydration, whitening, and glow. Manufacturers are focusing on developing these products at cost competitive costs.

Consumers have shown increased preference for anti-aging formula and treatment for dehydrated skin. Moreover, increasing skin aging problems, and dry skin especially in winter coupled with changing lifestyle patterns is increasing the usage of sheet face masks. It is found that sheet face masks are gaining popularity among the elderly across the globe, especially anti-aging formulation sheet face masks due to which the market for sheet face masks is booming significantly.

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Major market participants profiled in this report are Sephora Inc. Boss Biological Technique Ltd.., Lancome Paris, 3LAB Inc, Kracie Holdings, Ltd., Innisfree Corporation.(South Korea), BioRepublic Skin Care, Star Skin Beauty Group AG, Yunos Co. Ltd. ES Cosmetics, The Face Shop, Tonymoly Co. Ltd., BioRepublic Skin Care, Estee Lauder, and DECL?‰OR Paris, among others.