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Pore Strips Market Expected to Achieve 9.6% CAGR by 2029: Growth Forecast Insights
Pore Strips Market
How Large Will the Pore Strips Market Size By 2025?
In recent times, the market size for pore strips has been experiencing robust growth. It is projected to expand from $2.23 billion in 2024 to $2.42 billion in 2025, with a Compound Annual Growth Rate (CAGR) of 8.5%. Factors such as increased awareness about beauty and skincare, growth in disposable income, endorsements from celebrities, social media's influence, and product availability and convenience contributed to the significant growth during the past period.
How Big Is the Pore Strips Market Size Expected to Grow by 2029?
In the upcoming years, the pore strips market is projected to experience substantial growth, reaching a value of $3.49 billion in 2029, growing at a compound annual growth rate (CAGR) of 9.6%. The expected surge in this period is due to the increased focus on health and wellness, the growth of e-commerce, and concerns for environmental sustainability. Significant trends forecasted for this period encompass customization and personalization, progressing technology, and innovative product formulations.
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Which Key Market Drivers Powering Pore Strips Market Expansion and Growth?
The growing consumer awareness about facial beauty upkeep is anticipated to stimulate the pore strips market's expansion. The rise in knowledge about the health and physical advantages of facial aesthetics and the increase in consumer spending capacity have resulted in a heightened consciousness about maintaining facial beauty. This, in turn, is predicted to spur the use of pore strips, popularly employed to eradicate blackheads and dead skin. For example, The American Society for Aesthetic Plastic Surgery, a prominent U.S. plastic surgery organization, analyzed data from 200 plastic surgery clinics throughout the United States in 2022. These clinics provided quarterly data from 2019 to 2022. This information was utilized to extrapolate national statistics, with a standard deviation of +/- 6.8% at a 95% confidence interval. Consequently, the escalating consumer awareness about facial beauty maintenance is projected to augment the demand for pore strips in the upcoming period.
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Which Fast-Growing Trends Are Poised to Disrupt the Pore Strips Market?
Alliances and joint ventures are trending strategies being widely adopted in the pore strips industry. Several enterprises in this sector are entering into collaborations to reinforce their footing in the market. For instance, in June 2024, Paula's Choice Skin Perfecting 2% BHA Liquid Exfoliant, a product of the U.S. Skincare and Beauty industry, incorporated salicylic acid known for its potent ability to decrease pore size. It also contained green tea to soothe irritation and methylpropanediol, a man-made compound that moisturizes the skin and boosts the absorption of the product. Later, in October 2024, Paula's Choice formed an alliance with Sephora to increase their brand recognition and availability by presenting their skincare line, including the well-received Skin Perfecting 2% BHA Liquid Exfoliant, via Sephora's widespread retail chain. This union enabled Paula's Choice to capture a larger customer base looking for practical, research-rooted skincare treatments. Sephora is a cosmetic and beauty retail industry headquartered in France.
What Are the Emerging Segments in the Pore Strips Market?
The pore stripsmarket 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
Subsegments:
1) By Charcoal: Activated Charcoal Pore Strips, Charcoal And Clay Combination Strips
2) By Non-Charcoal: Hydrocolloid-Based Strips, Clay-Based Strips, Salicylic Acid Pore Strips
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Who Are the Global Leaders in the Pore Strips Market?
Major companies operating in the pore strips market include Kao Corporation, Unilever plc, Ulta Beauty Inc., Sephora SA, Boscia Group Limited, Walgreen Co., EARTH THERAPEUTICS Ltd., The Boots Company PLC, Tonymoly Co. Ltd., Hangzhou Luc Commodity Co. Ltd., Guangzhou Shifei Cosmetics 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, Neutrogena Corporation, Shiseido Company Limited
Which are the Top Profitable Regional Markets for the Pore Strips Industry?
Asia-Pacific was the largest region in the pore strips market in 2024. The regions covered in the pore strips market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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