Global Peel off Face Mask Market size was valued at US$ 1800 Mn in 2019 and expected to reach US$ XX Mn by 2019 at a CAGR of 5.7% during the forecast period.
The Global Peel off Face Mask market report is a comprehensive analysis of the industry, market, and key players. The report has covered the market by demand and supply-side by segments. The Global Peel off Face Mask report also provides trends by market segments, technology, and investment with a competitive landscape.
Global Peel off Face Mask Market
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Global Peel off Face Mask Market Overview:
Peel off face masks are gaining prominence among the consumers owing to preventive skin measures taken by people and increasing skin problems arising due to sunburns and acne. Moreover, variable changes in the consumer demands and thereby, increasing inclination of cosmetics industry manufacturers towards the fulfillment of consumer demands across the globe. The global peel off face mask market was accounted for approximately 1800 million USD in the year 2019 and expected to register CAGR of approximately 5.7% during the forecast period.
Global Peel off Face Mask Market Dynamics:
The increasing popularity of beauty and skin care products among the millennial generation and growing awareness for personal grooming in the middle-class population across the globe are the factors considered to drive the peel-off face mask market growth. Furthermore, the rising demand for organic and skin-friendly products among the young demographics and working population across the emerging economies are the supporting factors considered to drive the growth of the market. Recently, Estee Lauder Company has launched their new product, strawberry peel off face mask in the year 2018. According to the company, this face mask does not stretches the skin while peeling off from skin and gives extra smoothness after washing off. Moreover, the increasing need for relaxation from a hectic work lifestyle is the key factor attributing to growth in the market.
The abundance of players in the market and ever-increasing market competition in the cosmetics sector are the factors considered to restrain the market growth. In addition, increasing demand for charcoal face masks in the market is hampering the market growth during the forecast period.
Global Peel off Face Mask Market
Increasing use of fruit serums including strawberry, blueberry, pomegranate, and others in peel off face masks for removal of impurities and blackheads from the skin are the factors expected to create opportunities in the market during the forecast period.
Global Peel off Face Mask Market Segment Analysis:
Organic Segment is dominating the Peel off Face Mask Market:
Increasing need for less hurting while peeling off the face masks by women and raising awareness of consumers towards natural products owing to the high benefits of eco-friendly products for skin are the factors considered driving the growth of the organic segment in the market. Moreover, the increasing use of chemicals in conventional skin care products has adversely affected the skin and hence, the prevalence of conventional peel off masks are now being replaced by organic segments. According to Nykaa, organic peel off masks segment accounted for approximately 600 million USD in the peel off face mask market in the year 2019 and expected to register CAGR of approximately 4.8% during the forecast period.
Activated Charcoal Face Masks are New Normal for Peel off Face Mask Market:
Charcoal draws impurities, toxins, and dirt from the skin along with oil. In the case of peel off a face mask of activated charcoal, it works as an exfoliator for and removes dead skin cells also. Charcoal face masks if used in powder form can breach deeper into the skin and clean the minute pores also. Many face masks manufacturers across the globe are widely investing in charcoal products owing to their high impurity cleansing properties and increasing popularity of charcoal face masks in the women population. According to L’OREAL, Charcoal face masks accounted for approximately 250 million USD in the year 2019 registering Y-O-Y growth of 21.5% from 2017.
Increasing Correlations between E Commerce Giants and Producers in Peel off Face Mask Market:
Recently, L’OREAL has invested in mergers with Alibaba and Amazon for improving the E-commerce section of sales for the company. Increasing internet penetration across the developing countries of APAC and African regions and highly untapped market of GCC and LATAM countries are the factors considered to drive the growth of E-commerce in the market. According to Company survey, E-commerce segment accounted for approximately 500 million USD across the globe in terms of sales. Moreover, the merger of Estee Lauder with Indian E-commerce segment Flipkart and merger of Alibaba with French Cosmetics giant Montagne Jeunesse to increase the sales of the company in the Chinese market are some of the famous examples of penetrating of E-commerce in the market dynamics.
Impact of Covid pandemic on the Peel off Face Mask market:
Covid pandemic has made a relatively high impact on the market in terms of sales as units are hampered across the globe owing to health concerns in the pandemic situation and declining supply chains owing to lowering of demand for peel-off face masks across the globe. Moreover, disruptions in manufacturing services owing to stringent lockdown conditions and social distancing norms has created a void in the inventory supply chains across the globe for the peel-off face mask market. According to O3+, the market is dropped by approximately 35% from last year as governments have levied the extra tariff charges on the cosmetics products post-pandemic.
Furthermore, reopening of production facilities for face mask post-pandemic and restoring of transportation capabilities across the globe owing to increasing manufacturing activities by key players in the market and rescheduling of shipments halted in the pandemic period towards inventories and distributaries across the globe are the factors considered to drive the growth of the market during the forecast period.
Global Peel off Face Mask Market Regional Insights:
North America holds the major share in the Peel off Face Mask market with approximately 48% market share. Early adoption of innovative cosmetic and skin care products in the region is the key factor considered to drive the market growth. Moreover, the increasing the inclination of manufacturers towards research and development in the Peel off Face Mask manufacturing is the key supporting factor considered to drive the growth of the market. Moreover, the increasing buying power of the consumers across the region has boosted the growth of Peel off Face Mask in the North American region. The USA is considered as the largest consumer and manufacturer of Peel off Face Mask with approximately 47% market share along with Canada and Mexico owing to the increasing no. of key players across the region.
APAC is expected to pose as the fastest-growing region in the Peel off Face Mask Market with approximately 30% market share. Increasing investment of prominent players in the market is the key factor attributing to market growth in the region. India holds the prominent share in the market as increasing penetration of Peel off Face Mask products with advancements in technology in the region is gaining prominence. Moreover, the increasing E-commerce sector across the region has increased the demand for face masks in the market.
Europe holds the prominent share in the market owing to the increasing adoption of skin care regime by the women population across the region and increasing awareness and adoption of natural products in the region.
Global Peel off Face Mask MarketThe objective of the report is to present a comprehensive analysis of the Global Peel off Face Mask Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants.
PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.
The report also helps in understanding the Global Peel off Face Mask Market dynamics, structure by analyzing the market segments and project the Global Peel off Face Mask Market size. Clear representation of competitive analysis of key players by Type, price, financial position, Type portfolio, growth strategies, and regional presence in the Global Peel off Face Mask Market make the report investor’s guide
Global Peel off Face Mask Market Scope: Inquire before buying
Global Peel off Face Mask Market, by Region
• North America
o US
o Canada
o Mexico
• Europe
o U.K
o France
o Germany
o Italy
o Spain
o Sweden
o CIS Countries
o Rest of Europe
• Asia Pacific
o China
o India
o Japan
o South Korea
o Australia
o ASEAN
o Rest of Asia Pacific
• Middle East and Africa
o South Africa
o GCC Countries
o Egypt
o Nigeria
o Rest of ME&A
• South America
o Brazil
o Argentina
o Rest of South America
Global Peel off Face Mask Market Key Players
• Estee Lauder Companies
• O3+
• Beauty Boutique
• L’OREAL S.A.
• Montagne Jeunesse
• Beiersdorf Global AG
• Unilever PLC
• Marico Ltd.
• Zydus Wellness
• Himalaya Wellness
• Shiseido Co. Ltd.
• Guangzhou Yiya Cosmetics C. Ltd.
• Yellow Wood Partner LLC
• Fanci Group
• Johnson and Johnson
• APR Company Ltd.
• Beardo
• OALEN
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