Global Sheet Face Mask Market to Expand at 10.94% CAGR Till 2023


Posted August 28, 2019 by Researchonglobalmarkets

The report presents the value forecast of the global sheet face mask market and provides key insights into the factors driving market growth as well as the factors restricting market growth.

 
A report published by Research on Global Markets titled "Global Sheet Face Mask Market (2018–2023)" studies the performance of the global sheet face mask market over a five year assessment period from 2018 to 2023. The report presents the value forecast of the global sheet face mask market and provides key insights into the factors driving market growth as well as the factors restricting market growth. According to the Research On Global Markets analysts, global sheet face mask market is projected to expand at a compound annual growth rate (CAGR) of 10.94%, reaching USD 1.94 Bn by 2023.

Global Sheet Face Mask Market – Segment insights

The report published by Research On Global Markets features comprehensive analysis of the global sheet face mask market segment based on fabric type and category. Based on fabric type, the ‘cotton sheet face masks’ segment is expected to expand at a CAGR of 11.50% during the forecasted period and will hold a market share of 40% by 2023. This segment will be followed by the ‘bio-cellulose sheet face masks segment’, which will witness a CAGR of 11.90% and occupy a market share of 32% by 2023, owing to the use of natural ingredients in these products.

Based on category, premium sheet face masks held the larger market share of 59% in 2018. Increase in disposable income and growing awareness about personal care are the other reasons attributed to its popularity. The mass sheet face mask segments occupies a 41% market share in 2018, and is expected to witness a CAGR of 9.74% during the forecasted period.

Global Sheet Face Mask Market - Market Insights

The market research report tracks the performance of the sheet face mask market across the key geographies of North America, Europe, Latin America, Asia-Pacific, the Middle East and Africa. North In 2018, the Asia-Pacific region accounted for an approximately 67% share of the global sheet face masks market. The demand for face masks is the highest among Asian consumers as it is a crucial part of their daily skincare routines. In Europe, the market is expected to expand at a CAGR of 10.21%, driven by increasing use of organic products and growing awareness about new and advanced facial masks. Latin America and the Middle East and Africa regions hold immense potential for growth during the forecasted period as manufacturers are expanding their operations in these regions to meet demand from consumers.

Research On Global Markets tracks the performance of some of the major players operating in the global sheet face mask market including Sephora Inc., Innisfree Corporation, Lancome Paris, Decleor Paris, Estee Lauder, ES Cosmetics, TONYMOLY Co., Ltd., The Face Shop, Boss Biological Technique Ltd., BioRepublic SkinCare, and It’s Skin, among others.

Some of the key topics covered in this report are:

• Global market overview - historical (2015–2017) and forecasted (2018–2023) market size (USD Bn), geography-wise market revenue (USD Bn), and market attractiveness analysis
• Market segmentation based on the type of fabric (non-woven, cotton, hydrogel and bio-cellulose) – historical (2015–2017) and forecasted (2018–2023) market size (USD Bn), and key observations
• Market segmentation based on category type (premium and mass) – historical (2015–2017) and forecasted (2018–2023) market size (USD Bn), and key observations
• Qualitative analysis of the major drivers and challenges affecting the market
• Analysis of the competitive landscape and profiles of major players operating in the market

For More Information On This Report, Please Visit @ https://www.researchonglobalmarkets.com/global-sheet-face-mask-market-2018-2023.html

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Tags global market research report , global sheet face mask market , sheet face mask market
Last Updated August 28, 2019