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Sheet Face Mask Market to Propel at a CAGR of 7.1% to Hit a Revenue of US$ 4.5 Billion by 2031 | Report by Transparency Market Research, Inc.

Monday, 19 December 2022 11:38 AM

WILMINGTON, DE / ACCESSWIRE / December 19, 2022 / Transparency Market Research Inc. / According to a recent sheet face mask market report, the global industry is anticipated to register a CAGR of 7.1% during the forecast period from 2022 to 2031. Growth in the female working population, as well as increase in demand for skin detoxification, hydration, brightening, and cellular repair, is propelling market growth. Products offered by players operating in the global sheet face mask market aid in cleaning skin pores, controls skin tone, and treats skin issues such as acne and pimples. Increase in disposable income in developed and developing economies has led to growth in spending on personal care and skin care products. This trend is anticipated to positively impact the global market outlook during the next decade.

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Sheet Face Mask Market - Key Findings of Report

  • Increase in Demand for Eco-friendly and Organic Skin Care Products: Demand for organic, naturally-made, eco-friendly personal and skin care products has been consistently rising over the past few years. This demand is particularly high from the young population residing in urban areas. Women across the world are opting for natural sheet face mask products in order to protect and rejuvenate their skin that has been damaged by sun, dust, and pollution, and free radicals created by carbon emissions. Using organic face masks helps consumers achieve a flawless and radiant skin, without having to worry about toxic effects that may occur by using face masks that consist of chemical compounds.

Sheet Face Mask Market - Growth Drivers

  • Increase in prevalence of various skin-related issues, and rise in focus of consumers on maintaining an aesthetic appearance propels market growth
  • Growth in the range of travel-friendly, as well as ready-to-use skin care solutions bolsters market demand
  • Rise in demand for skin care products made using natural and organic materials and ingredients drives industry growth

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Sheet Face Mask Market - Key Players

Leading players profiled in the global sheet face mask market report include ES Cosmetic USA, Innisfree, OEM/ODM Global Cosmetics, Taiki Group, Yunos Co. Ltd., 3Lab, Euro Wipes, Lancome Paris, Star Skin Beauty Group AG, Tony Moly Co. Ltd., The Estee Lauder Companies Inc., Kracie Holdings, Ltd., Sephora Inc., and The Face Shop. Key companies in the global industry are engaged in adopting various growth strategies to enhance their market share and expand their geographical footprint. These strategies include mergers and acquisitions, increasing R&D funding to drive product innovation, strategic partnerships, and collaborations with vendors and other industry players.

Manufacturers in the market are focusing on collaborating with different vendors and companies in a bid to expand their product inventories. They are also engaged in designing and launching expansive marketing campaigns to increase brand visibility and product awareness among global consumers.

Sheet Face Mask Market - Regional Growth Assessment

Based on the latest sheet face mask market report, Asia Pacific is estimated to lead the global industry during the forecast period. Growth of Asia Pacific's market share can be ascribed to rise in focus of the regional population on maintaining an appealing appearance, as well as increase in consumer spending on various personal care and skin care products. Further, surge in demand from economies, such as India and China, is also expected to bode well for Asia Pacific's industry growth during the next decade.

Europe and North America are anticipated to register substantial growth in the near future in the global market. This trend can be majorly attributed to increase in adoption of natural and innovative skin care products in economies, such as Mexico, Germany, the United States, the United Kingdom, France, and Canada.

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Sheet Face Mask Market: Segmentation

Sheet Face Mask Market, by Type

  • Non-woven
  • Cotton
  • Hydrogel
  • Bio-cellulose
  • Others

Sheet Face Mask Market, by Form

  • Wet
  • Dry

Sheet Face Mask Market, by Skin Type

  • Normal
  • Oily
  • Dry
  • Sensitive

Sheet Face Mask Market, by Price

  • Low
  • Medium
  • High

Sheet Face Mask Market, End-user

  • B2B
  • B2C

Sheet Face Mask Market, by Distribution Channel

  • Online
    • E-commerce Websites
    • Company-owned Websites
  • Offline
    • Hypermarkets & Supermarkets
    • Specialty Stores
    • Other Retail Stores

Sheet Face Mask Market, by Region

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • South America

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About Transparency Market Research

Transparency Market Research registered at Wilmington, Delaware, United States, is a global market research company providing custom research and consulting services. TMR provides in-depth insights into factors governing demand in the market. It divulges opportunities across various segments based on Source, Application, Sales Channel, and End-Use that will favor growth in the market over the next 9 years.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

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Transparency Market Research Inc.

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SOURCE: Transparency Market Research inc.

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