Market Scope
Market Research Future (MRFR) studied the global peel-off face mask market 2021 for the assessment period till 2026. MRFR data suggests that the peel-off face mask market is expected to rise at 5.9% CAGR in the assessment period (between 2020 and 2026). By 2026, the peel-off face mask market value can touch approximately USD 2,644.9 Mn.
Market Synopsis
The growing concern for highly prevalent skin issues, especially due to overuse of sanitizers and continuous wearing of mask, can contribute to the expansion of the peel-off face mask market in the years to come. The upscaling demand for skincare products can support the growth of the peel-off face market. The inclination of customers towards natural and organic personal care products and surge in sales of beauty products can add to the momentum of the peel-off face mask market in the review period. The increasing demand for natural beauty products that are free from chemical and are certified organic products can favor the market rise in the years to come. The surge in spending on personal care products, along with key players adding innovations to the existing product line and actively promoting of converting marketing strategies can work in favor of the market. The growth well-organized retail sector can add to the market rise in the near future. The increasing number of counterfeit products can impede the market growth in near future.
Market Segmentation
The segment assessment of the peel-off face mask market share is based on Category, distribution channel, and end-user.
The category-based segments of the peel-off mask market are Natural & Organic and conventional. The natural and organic segment is expected to register a high CAGR in the study period. The rise in concerns of consumers regarding the use of harmful ingredients in the conventional peel-off face masks is observed to promote natural and organic segment of the market.
The end-user-based segments of the peel-off mask market are men, women, and unisex. The women segment is expected to project the global peel-off mask market by 2026. The growing number of women that are spending on various type of skin-enhancing products can prompt the segment expansion. The men segment is expected to surge at decent pace, whereas the unisex segment can earn high revenue for the market in the study period.
The distribution channel-based segments of the peel-off mask market are Store-Based and non-store based segments. The high sales of peel-off face masks through store-based retailers can earn considerable profit for the market in the years ahead. The rise in number of supermarkets and hypermarkets, along with specialty stores that are dealing in peel-off face mask can favor the market in the foreseeable future.
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Regional Study
In North America, the peel-off face mask market can thrive owing to their increasing demand among healthcare givers and factory workers owing to the constant use of masks in the pandemic. The increasing utility of peel-off mask by youngsters in the region and rise in sales of beauty-enhancing products among the expanding geriatric population in the US can support the market rise in the North America region. Advancements in cosmetic technology is contributing to the the introduction of a variety of peel-off face masks that offers numerous skin benefits to consumers, that can prompt the growth of the peel-off face mask market in the region. In Europe, similar growth inducers are noted for the regional market upsurge.
In Asia Pacific, the face mask worldwide is observed as an lucrative market for the growth of peel-off face mask manufacturers. The existence of reputed skincare products companies in Japan, and Southeast Asian countries that are introducing new products can bolster the market rise in the years to come. Increase in urban migration, surge in disposable income, and growing spending of consumers on various skin-enhancing products are causes that are likely to drive the market upsurge in the Asia Pacific region. MEA peel-off mask market is likely to expand at moderate pace.
Key Players
Unilever Plc (UK), L'Oréal S.A. (France), Himalaya Wellness (India), Montagne Jeunesse (UK), Estee Lauder Companies (US), Shiseido Co., Ltd (Japan), Beiersdorf AG (Germany), Marico Limited (India), Zydus Wellness (India), Guangzhou Yiya Cosmetics Co., Ltd. (China), Yellow Wood Partners, LLC (US), O3+ (India), Johnson & Johnson (US), APR Co., Ltd (South Korea), and Fancl Group (Japan) are some key players in the peel-off face mask market that are listed by MRFR.
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