Asia Pacific Pore Strips Market By Ingredient (Non-charcoal and Charcoal), By End Use (Home and Salon), By Country, Growth Potential, Industry Analysis Report and Forecast, 2021 - 2027
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Market Report Description
The Asia Pacific Pore Strips Market would witness market growth of 7.7% CAGR during the forecast period (2021-2027).
Pore strips are like a protecting layer for the nose, it helps in removing hidden impurities by going inside through pores and also protect the skin from pollution & other bacteria. Moreover, these strips are utilized to treat acne-prone skin and blackheads. They are easy to use, make skin healthy & clear, and remove dead skin cells, hence gaining high popularity in the cosmetic goods market. Further, these strips are easy to apply on the skin as they are small in size and work as an exfoliator as well as help in better blood circulation. Pore strips have gained traction among the female working population because they are portable and easy to carry & use.
The demand for pore strips is flourishing, owing to the factors like an endorsement by celebrities, multimedia marketing, and the availability of various marketing channels. In addition, companies are promoting their products on various social media platforms as customers are spending their significant time on these platforms, which is accountable for surging the sales of these products through online channels. Additionally, companies provide offers for their permanent customers to keep engaging them.
Asia-Pacific is among the largest regions and comprises many developing as well as developed nations. The population in these nations is constantly increasing. In addition, these nations are gradually urbanizing, which is offering lucrative opportunities for the products in this region. Additionally, people are inclining towards products that give instant results in less amount of time. Also, people are becoming aware of the ways that can help them in keeping their skin healthy and smooth.
Moreover, in some nations like India, the major problem for people is the growing level of pollution, which is responsible to damage their skin. People regularly come in contact with burning sun rays and polluted air, which is anticipated to propel the demand for the pore strips market in the coming years. Further, the presence of many key players is another factor contributing to the growth of the product market. Furthermore, the male population in this region is also significantly adopting beauty products. Therefore, the aforementioned factors are projected to accelerate the growth of the regional pore strips market during the forecasting period.
The Non-charcoal market dominated the South Korea Pore Strips Market by Ingredient in 2020, thereby, achieving a market value of $70.8 Million by 2027. The Charcoal market is expected to witness a CAGR of 8.8% during (2021 - 2027).
Based on Ingredient, the market is segmented into Non-charcoal and Charcoal. Based on End Use, the market is segmented into Home and Salon. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Pore Strips Market is Projected to reach USD 2 billion by 2027, at a CAGR of 7%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Walgreens Boots Alliance, Inc., Ulta Beauty, Inc., Earth Therapeutics Ltd., Sephora SA, Tonymoly Co., Ltd., Boscia, LLC (FANCL Corporation), Elegare Beauty Pvt. Ltd., L'Oreal Group, Kao Corporation and Unilever PLC.
Scope of the Study
Market Segments Covered in the Report:
By End Use
- South Korea
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Walgreens Boots Alliance, Inc.
- Ulta Beauty, Inc.
- Earth Therapeutics Ltd.
- Sephora SA
- Tonymoly Co., Ltd.
- Boscia, LLC (FANCL Corporation)
- Elegare Beauty Pvt. Ltd.
- L'Oreal Group
- Kao Corporation
- Unilever PLC
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