Sheet Face Mask Market Trends including Regional Demand, Key Players, and Forecast 2030
Sheet Face Mask Market Overview
The global Sheet Face Mask Market is anticipated to
acquire a CAGR of 8.5% in the forecast period. Further, this market is expected
to hold nearly USD 485 million by the end of the year 2030.
The worldwide sheet
face mask market trends is driving due to the rising prevalence of skin
problems like sunburn and acne. One of the growth driving factors in the global
market for Sheet Face Mask is technological innovations in cosmetics. Moreover,
this global market is creating lucrative opportunities for the market players
and vendors due to rising research and development investments.
However, the global sheet face mask market might get
affected due to the use of low-quality face mask serum, lack of cleaning and
exfoliating properties, and faster evaporation during the forecast timeframe.
Key players are
Amorepacific Corporation (South Korea)
L’Oréal S.A. (France)
Christian Dior SE (France)
The Estée Lauder Companies Inc. (US)
LG Household & Health Care Ltd (South Korea)
Starskin Group B.V. (Netherlands)
Orgaid Inc. (US)
Mijin Cosmetics (South Korea)
TaikiUSA (US)
Biocrown Biotechnology Co., Ltd (China)
Market Segmentation
The global sheet
face mask market report has been segmented based on distribution channels
and types.
On the basis of distribution channel segment, the global
market for Sheet Face Mask has been categorized into non-store-based and
store-based. In 2017, the store-based segment was estimated to account for the
largest market share. Further, the non-store-based segment is projected to
acquire the highest CAGR during the review period. This segment is growing
because of the use of e-commerce channels by various manufacturers to
distribute their products and the rising geographical reach.
Based on the type segment, the worldwide Sheet Face Mask
Market has been segregated into bio-cellulose masks, cotton masks, hydrogel
masks, non-woven masks, and others. Among these, the non-woven masks segment is
estimated to dominate the global market and is projected to reach USD 369.3
million and record a substantial CAGR during the forecast period of 2023. This
segment is growing across the world due to its cheapest rate. However, the
hydrogel masks segment is predicted to acquire the highest CAGR of 9.40% during
the predicted period of 2018 to 2023. This segment is growing due to its high
absorption of active ingredients, which is making it more popular.
Regional Analysis
Regionally, the global Sheet Face Mask Market has been
divided into different parts such as Europe, Asia Pacific, North America, and
the rest of the world.
The Asia Pacific regional market for Sheet Face Mask is
projected to generate 42.91 percent of the market share in the year 2017.
However, this regional market is estimated to account for a CAGR of 9.06
percent in the research period. In this region, the Japan country is estimated
to dominate the market by generating the greatest market share in the forecast
period. However, China is anticipated to generate the highest growth rate of
9.34 percent in the review timeframe of 2018 to 2023. In these countries, the
demand for a skincare products is rising due to the continuous product
innovation among the market players.
Industry News
In August 2020, the Lenzing Group’s Veocel introduced the
Lenzing Lyocell Micro Skin fibers and the new Lenzing Lyocell Fine Skin. The
company claims that these fibers are a premium level of fineness, translucency,
and exquisite softness, as well as an ideal option for beauty applications.
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