Tuesday, 11 August 2020

Sheet Face Mask Market Size Is Anticipated To Reach $447.7 Million By 2025

The global sheet face mask market size is anticipated to reach USD 447.7 million by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 8.2% over the forecast period. Increasing awareness related to skin care, along with increase in demand for Korean skin care products, is expected to drive the market during the forecast period.

Cotton was the most popular product type in 2018. High product visibility, along with cheap pricing, is a major factor contributing to the growth of this segment. However, these sheet masks are disposed in plastic pouches, which affects the environment. Bio-cellulose masks that are made of natural cellulose obtained from bacteria are gaining significant popularity. They perform better as compared to their fabric counterparts. This is expected to increase the demand for bio-cellulose and other natural ingredient-based masks, which will positively influence the overall market growth.

Asia Pacific occupied the largest sheet face mask market share in 2018 owing to high demand in countries such as South Korea and China. China is one of the major countries contributing to the growth of the global cosmetics market. Increase in the consumption of cosmetics is expected to propel the demand for skin care products in this country. This is expected to positively influence the overall product demand. Moreover, product innovation in Asia Pacific countries in terms of the ingredients used in the masks is expected to increase product offerings in the market, which will propel market growth.

North America is anticipated to witness the fastest growth from 2019 to 2025 owing to rising popularity for Korean skin care products. The smooth and flawless skin texture of many Korean actors and celebrities is the major factor influencing product demand in U.S. and Canada. Moreover, consumers are willing to purchase these products at a premium price owing to increasing awareness related to the benefits of these products. This is anticipated to increase the product demand during the forecast period.

For Full Research Report On Sheet Face Mask Market Visit Here: https://www.grandviewresearch.com/industry-analysis/sheet-face-mask-market

Further key findings from the report suggest:

  • Bio-cellulose sheet face mask is projected to ascend with a CAGR of 10.0% over the forecast period due to its ability to adhere to the skin firmly and improve the elasticity of the skin
  • Europe is expected to be the largest regional sheet face mask market to expand at a CAGR of 8.0% over the forecast period owing to significant product demand in major countries such as Germany and U.K.
  • FaceTory, a popular Korean subscription service for face masks, has launched its very first brand of sheet masks known as Sun Bae. Increasing product demand, along with the company’s aim to improve its product offering was the major reason for the launch.

Request a Sample Copy of the Report @ https://www.grandviewresearch.com/industry-analysis/sheet-face-mask-market/request/rs1

Grand View Research has segmented the global sheet face mask market by product type and region:

Sheet Face Mask Product Type Outlook (Revenue, USD Million, 2015 - 2025)

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

Sheet Face Mask Regional Outlook (Revenue, USD Million, 2015 - 2025)

  • North America
    • U.S.
  • Europe
    • Germany
    • Russia
    • U.K.
  • Asia Pacific
    • South Korea
    • China
    • Japan
  • Central & South America
  • Middle East & Africa

About Grand View Research        

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more info visit @ https://www.grandviewresearch.com

 

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