Press release
Pore Strips Market Overview & Analysis 2024-2033: Comprehensive Insights into Size, Share, Trends, and Outlook
Pore Strips Market
The Business Research Company offers in-depth market insights through Pore Strips Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.
Market Size And Growth Forecast:
The pore strips market size has grown strongly in recent years. It will grow from $2.07 billion in 2023 to $2.27 billion in 2024 at a compound annual growth rate (CAGR) of 9.6%. The growth in the historic period can be attributed to growing beauty and skincare awareness, rising disposable income, celebrity endorsements and social media influence, availability and accessibility.
The pore strips market size is expected to see strong growth in the next few years. It will grow to $3.24 billion in 2028 at a compound annual growth rate (CAGR) of 9.2%. The growth in the forecast period can be attributed to rising health and wellness trends, e-commerce expansion, environmental sustainability. Major trends in the forecast period include customization and personalization, technological advancements, innovations in product formulations.
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Market Segmentation:
The pore strips market covered in this report is segmented -
1) By Ingredient Outlook: Charcoal, Non-Charcoal
2) By Application: Departmental Stores, Convenience Stores, Specialty Stores, Online Retailers, Other Applications
3) By End-Use Outlook: Salons, Homes
Major Driver - Rising Consumer Awareness Toward Maintaining Facial Beauty Drives Pore Strips Market Growth
The rising consumer consciousness toward maintaining facial beauty is expected to propel the growth of the pore strips market going forward. Increased awareness related to the health and physical benefits of maintaining facial beauty and growing consumer disposable expenditure has contributed to increased consumer consciousness towards maintaining facial beauty. It is expected to boost the adoption of pore strips, as it is widely consumed to remove black heads and dead skin. For instance, According to The American Society for Aesthetic Plastic Surgery, in 2021, facial procedures increased by 54 percent and aesthetic body procedures shot up by 63 percent from 2020. Therefore, the rising consumer consciousness towards maintaining facial beauty is expected to boost demand for pore during the forecast period.
Competitive Landscape:
Major companies operating in the pore strips market report are Kao Corporation, Unilever plc, Ulta Beauty Inc., Sephora SA, Boscia Group Limited, Walgreen Co., EARTH THERAPEUTICS Ltd., NNNOW (Arvind lifestyles brand limited), The Boots Company PLC, Tonymoly Co. Ltd., Sprinkle Co. Ltd., Hangzhou Luc Commodity Co. Ltd., Guangzhou Shifei Cosmetics Co. Ltd., Wuhan Huawei Technology Co. Ltd., Jiangmen Xinwei Cosmetics Co. Ltd., Henan Huaer Dental Biotech Co. Ltd., L'Oréal S. A., Amorepacific Corporation, e. l. f. Cosmetics, The Body Shop International Limited, Peter Thomas Roth Clinical Skin Care, Lotus Herbals Pvt. Ltd., Avon Products Inc., The Estee Lauder Companies Inc., ?Novateor Research Laboratories Ltd., The Procter & Gamble Company, Fairywell Care Ltd., Neutrogena Corporation, Elegare beauty Pvt. Ltd., Shiseido Company Limited
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Top Trend - Strategic Partnerships And Collaborations In The Pore Strips Market
Strategic partnerships and collaborations are a key trend gaining popularity in the pore strips market. Many companies operating in the pore strips market are undergoing partnerships to strengthen their position in the pore strips market. For instance, in January 2021, KAO Corporation, a Japan-based premium beauty brand that provides a high range of pore strips, collaborated with Nykaa, a leading lifestyle store in India. With this partnership, KAO Corporation launched its global brand Bioré which aims to supply high-quality products in pore strips. Further, In September 2021, Ulta Beauty, a US-based manufacturer of premium pore strips and beauty products partnered with Target corporation is a US-based big-box department store chain. This partnership aims at Ulta beauty company products to reach large customers all over the world.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Pore Strips Market Characteristics
3. Pore Strips Market Trends And Strategies
4. Pore Strips Market - Macro Economic Scenario
5. Pore Strips Market Size And Growth
…..
27. Pore Strips Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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