Pore Strips Market
Pore Strips Market (Price - Premium and Economic; Sales Channels - Modern Trade, Departmental Stores, Convenience Stores, Specialty Stores, Drug Stores, Online Retailers, and Other Sales Channel) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2026
- Consumer Goods & Services
- 170 Pages
While their contribution isn’t as dominant as that of anti-ageing creams, gels, moisturizers and face masks, pore strips will continue to be recognized as a key product segment in the global cosmetics industry. As waxing techniques gain popularity in providing skin care solutions, products such as pore strips pave ways towards consumers’ preferences. A major driving force for sales of pore strips is the worldwide prevalence of blackheads as a common skin problem. Pore strips are being widely used as a quick fix to removing blackheads. In the future, blackheads will continue to represent a common skin woe for consumers, which will influence their decision whether to opt for expensive skin treatments or use pore strips which are cheap and easy-to-use.
The global market for pore strips is likely to witness a robust growth in the coming years. Transparency Market Research foresees the global market for pore strips to touch a valuation of US$ 2.7 billion by the end of 2026. In the due course of period, 2017-2026, the global pore strips market is assessed to expand at a CAGR of 7.6% in terms of value.
Pore Strips Market: Major Growth Deterrents
At one end, consumers are driven towards buying pore strips for their easy usability and cheap costs. On the other hand, there is a growing skepticism among consumers over the downside of using pore strips. Using pore strips extensively can damage skin complexion and cause broken capillaries on thinner skin layers. Manufacturers have come to deadlock in terms of finding ways to avoid their pore strips from damaging the skin.
The adhesives used in production of pore strips are potentially harmful for the skin. These strips can create irritation for sensitive skin, and even expand the pores. Healthy skin cells also get removed with blackheads, and pore strips don’t assure a permanent removal of blackheads. Scientists believe that pore strips also suck out the natural oils present in our skin, and make pores more susceptible to infection and scarring.
Economic Pricing – a Key Trend in Global Pore Strips Market
The key purpose of pore strips is to remove blackheads, dirt and dead cells from skin pores. Simple and easy utility of pore strips make them a common product among consumers with average disposable incomes. To keep pore strips affordable for this consumer class, manufacturers will continue to offer them in the economic pricing range. Over the forecast period, around 70% of pore strips sold worldwide will be priced economically. Instead of premium pricing, which reflects high profit margins, market players will continue to focus on offering pore strips in economic price range. By the end of 2026, nearly US$ 1.9 billion worth of pore strips priced in the economic range will be sold across the globe.
Pore Strips Market: Key Stakeholders
Prominent brands in the cosmetics industry have forayed into production of pore strips. Currently, P&G, Unilever, Kao Corporation, Lucky Fine, Earth Therapeutics, boscia, LLC, Sephora, Boots, Ulta Beauty, and Walgreen Co. are among the prominent players in the global pore strips market. Several pore strip manufacturers are seeking ways to avoid the product from hitting the decline curve in its product life cycle. Through 2026, the global pore strips market will continue to represent a state of maturity with a few companies entering the competition landscape.
Pore Strips Market: Global Overview
Commonness of blackheads and increasing pollution levels that fill the pores of skin with dirt and harmful particulates has instrumented the growing demand for pore strips. These skin care products are widely used in the cosmetics industry for their role in quickly removing blackheads and cleaning skin pores. Consumers are regularly using pore strips to remove blackheads and save money on expensive skin treatments. However, key shortcomings of pore strips with respect to damaging skin complexion, enlarging the pores and triggering a high susceptibility to skin infections has deterred their demand to a considerable extent. Product innovation is also witnessing a stand still factored by growing consumer skepticism.
In the view of such turbulences, Transparency Market Research offers key insights on how the global market for pore strips will grow in the near future. The report delivers extensive market research on pore strips for the period of assessment 2017-2026. Key findings from the report are aimed to bolster the undertakings of market players and expand the global pore strips production base towards a profitable direction.
Key Advantage of the Report: Multidisciplinary Data Analysis
Volumes of data on sales and production of pore strips is available across multiple sources and databases. This information has been procured authentically, and a multidisciplinary research approach has been employed to create value from such data. Changing consumer preferences, supply chain complexities, pricing & cost structure analysis and geographical footprint of market players are among the key parameters considered while analyzing this data.
Industry trends, adoption challenges, sales impediments and new manufacturing prospects have been effectively reflected from the forecast market size valuations offered in the report. From total market size and company shares to the market value share of each segment and sub-segment, an all-embracive analysis on the global pore strips market is a key highlight of this report.
Validation of this data has also been multidimensional, as opinion makers, trade analysts and industry experts have corroborated these findings to extend the accuracy of forecasted market size estimations. Key presumptive scenarios provided in the report exhibit how the market will evolve under specific conditions. Regulatory standpoint of different bodies on the sales of pore strips is also revealed in the report. The overall data and information has been substantiated by keeping a constant dialogue with market participants and key stakeholders during the development of this report. The report has analyzed the global pore strips market across multiple segments and sub-segments, which have been illustrated below.
Detailing the Competition and Market Positioning
Prominent manufacturers of pore strips have been profiled in this study. The assessment of key competitors in global pore strips market reveals the strategies adopted by industry leaders and niche players. Cross-comparative study on market players has generated key insights on how production of pore strips will evolve in the foreseeable future. Such actionable insights are aimed to expand the understanding of pore strip manufacturing companies towards untapped market opportunities and new sales avenues. The scope of the report is to enable these companies in taking informed steps towards future market direction.
(Additional information, including cross-sectional data and country-wise analysis & forecast is available in the report)