Major players in the pore strips market are Kao Corporation, Hindustan Unilever Limited, Ulta Beauty Inc., Sephora, Boscia, Boots, Earth Therapeutics, L’Oréal, Tonymoly Co Ltd., Hip Hop, P&G, Lucky Fine, Nivea, The Face Shop, Innisfree, and Balea.
The global pore strips market grew from $1.89 billion in 2022 to $2.06 billion in 2023 at a compound annual growth rate (CAGR) of 9.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The pore strips market is expected to grow to $2.85 billion in 2027 at a CAGR of 8.4%.
The pore strips market consists of sales of deep cleansing pore nose strips, pore treatment strips, and clogged pore strips.Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers.
The value of goods in this market includes related services sold by the creators of the goods.
Pore strips are strips of material with an adhesive on one side that adheres to and pull out open comedowns and blackheads.They are used as a temporary remedy to remove the top layer of the dead skin.
The pore strips are used by individuals to remove the appearance of blackheads on the nose, forehead, and chin.
Asia-Pacific was the largest region in the pore strips market in 2022. The regions covered in the pore strips market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The main types of ingredients in the pore strips market are charcoal and non-charcoal.Charcoal refers to a dark or black porous carbon prepared from vegetable or animal substances.
The various distribution channels of pore strips include departmental stores, convenience stores, specialty stores, online retailers and other applications. The end-users of pore strips include salons and homes.
The rising consumer consciousness toward maintaining facial beauty is expected to propel the growth of the pore strips market going forward.Increased awareness related to the health and physical benefits of maintaining facial beauty and growing consumer disposable expenditure has contributed to increased consumer consciousness towards maintaining facial beauty.
It is expected to boost the adoption of pore strips, as it is widely consumed to remove black heads and dead skin.For instance, According to The American Society for Aesthetic Plastic Surgery, in 2021, facial procedures increased by 54 percent and aesthetic body procedures shot up by 63 percent from 2020.
Therefore, the rising consumer consciousness towards maintaining facial beauty is expected to boost demand for pore during the forecast period.
Strategic partnerships and collaborations are a key trend gaining popularity in the pore strips market.Many companies operating in the pore strips market are undergoing partnerships to strengthen their position in the pore strips market.
For instance, in January 2021, KAO Corporation, a Japan-based premium beauty brand that provides a high range of pore strips, collaborated with Nykaa, a leading lifestyle store in India.With this partnership, KAO Corporation launched its global brand Bioré which aims to supply high-quality products in pore strips.
Further, In September 2021, Ulta Beauty, a US-based manufacturer of premium pore strips and beauty products partnered with Target corporation is a US-based big-box department store chain. This partnership aims at Ulta beauty company products to reach large customers all over the world.
In June 2021, Unilever, a UK-based manufacturer of hygiene and personal care-acquired Paula’s Choice, from TA Associates for an undisclosed amount.With this acquisition, the company aimed to expand the reach and availability of the brand’s products to a large audience.
Paula’s Choice is a UK-based company that provides cosmetics and skincare products.
The countries covered in the pore strips market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
The pore strips market research report is one of a series of new reports that provides pore strips market statistics, including pore strips industry global market size, regional shares, competitors with a pore strips market share, detailed pore strips market segments, market trends and opportunities, and any further data you may need to thrive in the pore strips industry. This pore strips market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.