ID: MRFR/CR/8876-HCR | 90 Pages | Author: Snehal Singh | May 2023
The Peel-off face mask market has registered to project a high market value of approximately USD 2954.2 Million by 2027 with a CAGR rate of 5.47%.
$2954.2 Million
5.47%
Asia-pacific
2020–2027
The Peel-off face mask market has registered to project a high market value of approximately USD 2954.2 Million by 2027 with a CAGR rate of 5.47%. Due to the growing concern for skincare, the demand for peel-off face masks is rising as a major skincare measure across the world. The Peel-off face mask market trends are surfacing more and more due to improved ingredients for getting effective results.
The market has been experiencing rapid growth in recent years. The rapid urbanization and increased per capita disposable income of consumers has led to increasing demand for purchasing skin-enhancing products like peel-off face masks. Creative marketing campaigns such as social media marketing and celebrity endorsement has proved to be an innovative marketing strategy for increasing marketing growth. Moreover, the Gen Z and millennial populations are highly influenced to adopt natural and organic products' claims, so the demand for eco-friendly and vegan peel-off masks are bringing in more opportunities in the Peel-off face mask market, so the global market can expect more eminent growth in the forecast period.
Covid-19 Impact Analysis
In the past year, almost all marketing sectors were impacted by the outbreak of the Covid-19 pandemic, and the market is not spared from it. The market value suffered a significant decline due to strict regulations imposed by governments of various regions across the world to restrain the spread of the infection. Due to the shortage of raw materials, seize of transportation, and workforce, product manufacturing has been hampered severely. Therefore, it has resulted in interrupting the global market's supply chain. Nonetheless, the market key players have played a vital role in reviling the Peel-off face mask market growth as they have adapted to various advanced marketing measures and new product launching. All these efforts have enhanced the performance of the market, and it's expected to make a consistent rise in the forecast periods.
Market Dynamics
The Peel-off face mask market size is predictably encountered more growth in the forecast years since there are many effective market drivers present in the market. Due to environmental changes and the need for skin enhancement, the demand for an effective peel-off mask is increasing. Due to the health, skin concern, and possibilities of acquiring adverse effects from the chemical products, there is a rising demand for natural and organic skincare and beauty products.Â
According to the market analysis report, the market value of the sales of natural and organic skincare products in the U.K. was about USD 109.7 million in 2018. This has effectively triggered the demand for using the natural and organic peel-off face mask. Moreover, the high prevalence of skin conditions are also considered as a driving factor of the market
Since more and more beauty brands are emerging in the market, the competition has fueled market players to launch innovative products to give customers more opportunities to try them out. Therefore, the spending on personal care products has increased manyfold. Using effective marketing strategies, such as organized retail sectors, are propelling the Peel-off face mask market value on a global level.
One of the most driving factors of the global expansion of the market is the increasing awareness of the harmful effects the chemicals can cause on the skin, such as irritation, dullness, and allergies, etc. This has made consumers more inclined towards eco-friendly and sustainable skincare products. Due to the transparency of the product component and advantages of natural and organic face masks, consumers are motivated to try out new peel-off face masks with natural and improved ingredients to get effective results.  With the increasing concern for enhancing the beauty and protecting the youthfulness of the skin, the use of peel-off face masks has increased in use.
The increasing number of counterfeit products for achieving the desired beauty results can be one big market restraint in profiting the Peel-off face mask market Share. Since the cosmetics market is increasing in competition, it can restrain the market growth. Many consumers are also relying on homemade face masks, and the demand for charcoal face masks are also growing, which can affect the market value in the forecast period.
Although the market is experiencing growth with many positive aspects, there might be some challenges that can hinder it. One of the major growths impacting factors is the rise of disposable income. The increasing demand for organic products works as a necessary evil in the Peel-off face mask market Forecast.
In the review period, the Peel-off face mask market trends have shown substantial advancement, and it is expected to continue with the growth in the forecast period. The Peel-off face mask market size depends highly on various regional contributions. Additionally, the major key players also make a big contribution in expanding the market by implementing new marketing tactics as per the consumers' demand. Consumers prefer to use a peel-off facial mask with cereal alcohol that has a concentration of 1-12%, as it has a significant effect on the drying time.
Market Segment Overview
The global Peel-off face mask market is segmented on the basis of product category, end-user, distribution channel, and region. These segments are further classified into various sub-segments. Find their overview below:
As per the Peel-off face mask market analysis, the market is classified into natural & organic categories and conventional categories. The market growth analysis report tells that the natural & organic segment is expecting to register a higher CAGR rate in the forecast period. The conventional peel-off face mask utilizes chemical additives and harmful ingredients, which grows concerned in the general mass. Since organic products are less likely to cause side effects, the natural peel-off face mask is boosting the Peel-off face mask market Growth.
The End-User segment is again segmented into three sub-segments, i.e. men, women, and unisex. Since there is an increasing number of women who spend a lot of expense on skincare products to enhance their beauty, this segment is likely to drive more growth in the Peel-off face mask market Growth.Â
According to the distribution channel segment analysis, it is categorized by store-based and non-store-based. The store-based market is again substituted into supermarkets & hypermarkets, specialty stores, and others. Since the major number of peel-off face masks are sold through retail stores, the specialty stores sub-segment is acquiring high value in the review period.
Regional Analysis
According to the regional landscape of the global Peel-off face mask market, it is divided into various major regional areas such as North America, Europe, Asia-Pacific, and the rest of the world. In this segment, Asia-pacific has dominated the Peel-off face mask market in the review period. Also, this region has become a profitable marketplace for manufacturers. As urbanization is increasing and consumers' disposable income is driving up, they are spending more on skincare products and creating more opportunities for the market players.
Additionally, the U.S. is accounted as the crucial marketplace for enhancing Peel-off face mask market trends and driving the North American market. Moreover, the U.S. is experiencing more advancements in technology which is why the region is able to introduce peel-off face masks in a range of varieties suited for various skin types.
Competitive Landscape Analysis
As per the Peel-off face mask market Outlook, there can be seen strong competition among the market players, which is bringing more growth in the global market. All the major key players put effort into making research and development works to make their more effective to bring advanced outputs. This way, they launch more new products in their chain so consumers can get more efficient results with their skincare, bringing more Peel-off face mask market Growth. Some of the market players are:
Recent Development
Report Overview
According to the Peel-off face mask market Analysis, the report has shed light on the present marketing challenges, restraints, growth drivers, and opportunities. Furthermore, it has also studied the regional performance on a global level, competition, and developments in the market. This report has highlighted the market segmentation and covid-19 report to get insight into the Peel-off face mask market.
Segment Table:
By Category
By End-User
By Distribution Channel
By Region
Report Attribute/Metric | Details |
---|---|
Market Size | USD 2954.2 Million |
CAGR | 5.47% (2021–2027) |
Base Year | 2019 |
Forecast Period | 2020-2027 |
Historical Data | 2018 |
Forecast Units | Value (USD Million) |
Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
Segments Covered | By Category, By End User and By Distribution Channel |
Geographies Covered | North America, Europe, Asia-Pacific, and Rest of the World (RoW) |
Key Vendors | L'Oréal S.A. (France), Unilever Plc (UK), Beiersdorf AG (Germany), Zydus Wellness (India), Marico Limited (India), Guangzhou Yiya Cosmetics Co., Ltd. (China), O3+ (India), Himalaya Wellness (India), Montagne Jeunesse (UK), Shiseido Co., Ltd (Japan), Estee Lauder Companies (US), Yellow Wood Partners, LLC (US), Johnson & Johnson (US), Fancl Group (Japan), APR Co., Ltd (South Korea) |
Key Market Opportunities | Trends in peel-off face masks include improved ingredients for effective results and incorporation of delicate aromas, among others. |
Key Market Drivers |
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The global Peel-Off Face Mask Market is expected to acquire 5.47% of the CAGR growth rate in the forecast period.
The Asia-Pacific region is reported to get the highest market value in the forecast period.
Some of the major key players of peel-off face mask market are L'Oreal S.A. (France), Himalaya Wellness (India), Johnson & Johnson, etc.
Key Questions Answered
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