The popularity of face masks is on an all-time high. And, experts claim that a number of factors are driving the market for the same on a steep upward facing curve. As per Transparency Market Research, the market will chart notable compound annual growth rate over the period 2018 to 2026, leading players to a slew of growth opportunities.
Notable developments and factors that are identified as prominent by Transparency Market Research are provided below.
- Skin gain is gaining prominence owing to factors such as growing influence of social media and the fact that it has created a new, higher, almost unachievable standard of normal. As beauty and wellness influencers explain their followers how the most flawless skin is within reach, the demand for skin care products is increasing, leading t growth in the global sheet face mask substrate market. It is worth pointing out here that an increase in disposable income, particularly that of women, an outcome of more and more women joining the workforce is turning the tables in favor of the market.
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- Rapidly ageing population is another significant factor that is pushing women towards more and better beauty products, a magnificent line of which is produced and marketed by prominent and proactive players. By 2050, 2 billion people on the planet will be aged 60 and above. This demographic would drive the market for sheet face mask substrate considerably.
- Pollution and stress are two factors that are massive culprits in ageing of skin. They are also often behind a lot of skin care issues such as acne, wrinkles, and fine lines. As women battles the impact of these two factors, the demand for sheet face masks would grow, whose efficacy is considered significant. This will drive the global sheet face mask substrate market forward over the forecast period.
Sheet Face Mask Substrate Market – Snapshot
A substrate is typically designed to fit the area of the skin to which topical application is desired. For example, when a mask is applied to the face, the substrate is designed to correspond to the shape of the face avoiding the eye, nostril, and mouth areas, as necessary. Consumers across the globe, especially from urban areas, are searching for materials that can enhance functionalities of their cosmetic products such as environmental protection, anti-pollution, and health and beauty care in a natural way. Sheet face mask is an innovative product that has been introduced in the market in the last few years, which would drive the sheet face mask substrate market.
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Rise in population and their personal need for beauty and cosmetics products is boosting the global sheet face masks substrate market. The skin care industry has witnessed significant expansion in the last few decades. Increasing utilization of skin brightening and anti-aging formulation trends which are seen on the purchase of sheet face masks show the interesting insights that can help the substrate market to grow in future. Sheet face masks are face shaped sheets that are soaked with different serums, as per the desired end result. They are usually packed individually and are applied to the face, patted and removed or peeled off after15 to 20 minutes.
The report also highlights the competitive landscape of the sheet face mask substrate, thereby positioning all the major players according to their geographic presence and recent key developments. The comprehensive sheet face mask substrate estimates are the result of our in-depth secondary research, primary interviews, and in-house expert panel reviews. These market estimates have been analyzed by taking into account the impact of different economic, and consumption factors along with the current market dynamics affecting the growth of the sheet face mask substrate market.
In terms of country, the market in North America has been divided into U.S., Canada, and Rest of North America. Similarly, the market in Europe has been classified into U.K., Germany, France, Italy, and Rest of Europe. The market in Asia Pacific has been segmented into China, Japan, India, and Rest of Asia Pacific. The market in Middle East & Africa has been bifurcated into G.C.C., South Africa, and Rest of Middle East & Africa. Similarly, the market in South America includes Brazil, and Rest of South America. This report provides all the essential information required to understand the sheet face mask substrate and its types. Furthermore, the Porter’s Five Forces analysis explains the factors that are currently affecting the sheet face mask substrate market.
Major players operating in the global sheet face mask substrate profiled in this study include Alliqua BioMedical, Inc., Bel Mondo Beauty, LLC, Biocrown Biotechnology Co., Ltd.., Denex International., Fitesa S.A., Intracosmed AG, KATECHO, INC., Nox Bellow Cosmetics Co.,Ltd, Shanghai Gui Zhi International Trading Co., Ltd., and TAIKI GROUP. Details such as basic facts, company overview, business strategies/recent developments, product portfolio and other such strategic information pertaining to these players have been duly provided as part of company profiling.