ALBANY, New York, July 8, 2020 /PRNewswire/ -- The adoption of a daily skin care routine by a humungous consumer base across the globe is a vital component that aggrandizes the growth of the global beauty facial mask market. The availability of a wide variety of masks such as clay masks, thermal masks, peel-off masks, sheet masks, cream masks, and others creates diverse growth opportunities for the beauty facial mask market. Furthermore, masks based on a specific skin type or skin concern will breathe fresh air of growth in the beauty facial mask market.
Researchers at Transparency Market Research predict the global beauty facial mask market to expand at a CAGR of ~8% during the forecast period of 2020-2030 and estimated to reach a valuation of ~US$ 14 bn by 2030 end. The analysts further opine Beauty companies are increasing focus on the specific needs of generation Z that associate beauty with self-expression and naturalness. Hence, companies are developing improved blends with natural fruit extracts, since Gen Z spend a significant amount of money on beauty products whilst associating with sustainability and emotional well-being through products.
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Beauty facial mask market: Important assertions
- Sheet mask segment estimated to record highest CAGR across the forecast period of 2020-2030
- In terms of ingredients, between organic and inorganic, the organic segment is forecast to gain a higher growth trajectory
- Digital platforms rule the roost in terms of distribution channels with 80% of the consumer base inclining toward e-commerce websites, company-owned websites, and digital shopping
- Asia Pacific is predicted to shine as the major growth contributor to the beauty facial mask market across the forecast period, whereas the growing demand for luxury beauty products may bring stable growth for North America
Uncover 324 pages of intelligent research, current market scenario, and extensive geographical projections. Gain insights on Beauty Facial Mask Market (Mask Type: Clay Masks, Sheet Masks, Cream Masks, Thermal Masks, Peel-off Masks, Gel Masks, and Others; Ingredient: Organic and Synthetic; Packaging Type: Tube, Jar/Bottle, and Sachet; Brand Type: Mass and Prestige/Prestige; and Distribution Channel: Online and Offline) - Global Industry Analysis, Value, Share, Growth, Trends, and Forecast, 2020 – 2030 at https://www.transparencymarketresearch.com/beauty-facial-mask-market.html
Beauty Facial Mask Market: Growth Generators and Promising Growth Aspects
Beauty masks that enable decongestion of blemish-prone skin are gaining considerable momentum and may also act as growth multipliers for the beauty facial mask market in the near future.
- Beauty facial masks targeting reduced breakout incidences are bringing exceptional growth opportunities
- Demand for vitamin C-enriched skin brightening masks to prevent pollutants is tapping numerous growth prospects for the beauty facial mask market
- Baby boomer population is also expected to garner good growth for the beauty facial mask market due to rising aging and skin concerns
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Growth Obstacles for Beauty Facial Mask Market
On the brighter side, the online platforms are helping in boosting the sales of the beauty facial mask market but on the darker side, they present a plethora of challenges. Dissatisfied consumers post negative reviews about the beauty products on numerous online platforms, thus resulting in a persistent growth leak. A substantial number of consumers rely on reviews for purchasing a specific product. Therefore, such negative reviews may impact the growth rate of the beauty facial mask market. Manufacturing sustainable and eco-friendly packaging is proving tedious for the manufacturers and will further prove a restraint for growth.
Transport restrictions due to the lockdown measures implemented may also affect the beauty facial mask market negatively. Nevertheless, various countries are relaxing lockdown measures to curb the irregularities caused due to the strict stay-at-home orders.
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The Global Beauty Facial Mask Market is segmented on the basis of following parameters:
By Mask Type
- Clay Masks
- Sheet Masks
- Cream Masks
- Thermal Masks
- Peel-off Masks
- Gel Masks
By Packaging Type
By Brand Type
By Distribution Channel
- North America
- Asia Pacific
- Middle East & Africa GCC
- South America
Explore Transparency Market Research's award-winning coverage of the Global Consumer Goods & Services Industry:
Disposable Face Mask Market – The global disposable face mask market is estimated to expand at a CAGR of 8.5% during the forecast period, owing to numerous factors regarding which TMR offers thorough insights and forecasts in the global disposable face mask market report.
Organic Personal Care Market – The extensive research report provides an explanation of the overall global organic personal care products market by using Porter's five forces analysis. This report offers holistic view of the competitive landscape, the threat of substitute products or services, threat regarding new entrants, the bargaining power of customers, and the bargaining power of suppliers.
Diabetic Socks Market – The global diabetic socks market is estimated to expand at a CAGR of ~ 6% during the forecast period, owing to numerous factors, regarding which, TMR offers thorough insights and forecasts in the diabetic socks market report. Diabetes affects the productivity and wellbeing of millions of people around the world. Up to 1% of adults suffer from diabetes at some point in their life.
Cosmetic Skin Care Market – The global cosmetic skin care market is expected to reach a value of US$ 130.4 Bn by 2027. In terms of revenue, the market is estimated to expand at a CAGR of 3.7% from 2019 to 2027. In terms of volume, the market stood at around 2,853.7 Million units in 2017. The cosmetic skin care market in Asia Pacific is expected to expand at a notable growth rate during the forecast period both in terms of value (US$ Bn) and volume (Million Units).
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Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyse information.
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