According to a new report, published by KBV research, The Global Hydrogel Face Mask Market size is expected to reach $187 Million by 2028, rising at a market growth of 10.2% CAGR during the forecast period.
The Premium segment is showcasing a CAGR of 13.5% during (2022 - 2028). Due to rising customer willingness to spend on high-end face care products, the category is expanding as seen by a rise in demand and consumption of premium goods. Due to their ability to effectively enhance skin hydration, brightness, and luminosity, as well as promote an even skin tone and lessen skin pigmentation, such products are in great demand.
The Dry segment acquired maximum revenue share in the Global Hydrogel Face Mask Market by Skin Type in 2021 thereby, achieving a market value of $70 Million by 2028. Problems with dry skin are becoming more and more prevalent nowadays. As a consequence, there is an increasing need for face masks that address the issues associated with dry skin. These moisturizing face masks containing hyaluronic acid are available from companies like GlobalMed Technologies (Omnilux) and Neutrogena. They rapidly quench dry skin and conform to the skin for maximum absorption, leaving it soft and moisturized.
The Specialty Stores segment has shown the growth rate of 9.3 % during (2022 - 2028). The category is growing because more well-known retailers, like Sephora and Ulta Beauty Inc., are providing these goods in a variety of sorts, sizes, and other formats. Fifty Shades of Snail, a well-known cosmetic shop, sells hydrogel masks that are formed of essence that has been solidified into a gel. The market is growing since these products are given at a premium price and people are prepared to pay more for healthier, firmer, even-looking skin.
The Skin Brightening segment is leading the Global Hydrogel Face Mask Market by Application in 2021 thereby, achieving a market value of $64.5 Million by 2028. Market companies are inventing products with resveratrol and niacinamide as main components that preserve and brighten the face while promoting even skin tone, which is what defines the segment's development. As long as market companies continue to use celebrities and social media influencers to promote their goods, such situations will continue to be important factors in product acceptance.
The Natural/Bio-Cellulose based segment is poised to grow at a CAGR of 12.2% during (2022 - 2028). Growing consumer demands for novel goods made of natural bio-based monomeric materials for the creation of biocompatible, biodegradable, and non-toxic solutions for skin wellness are what define the segment's growth. Consumers are interested in products with baobab oil, rice extract, and cactus extract since they are less harmful than synthetic face masks. The segment's growth is also being fueled by consumers' rising inclination to pay a higher price for natural face masks.
The Asia Pacific market dominated the Global Hydrogel Face Mask Market by Region in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $69.7 Million by 2028. The Europe market is exhibiting a CAGR of 9.5% during (2022 - 2028). Additionally, The North America market would experience a CAGR of 9.8% during (2022 - 2028).
Full Report: https://www.kbvresearch.com/hydrogel-face-mask-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Johnson & Johnson, L'Oreal Group, Unilever PLC, Tula Life, Inc., 111SKIN Ltd., Ens Beauty Group, The Natural Face Lift Company, Heritage Brands Australia Pty Ltd., Minerva Research Labs, and ORF Genetics Ltd. (BIOEFFECT).
By Product
By Skin Type
By Distribution Channel
By Application
By Type
By Geography
Companies Profiled