Global Sheet Face Mask Market Research Report—Forecast till 2023

Global Sheet Face Mask Report Forecast till 2023


Market Analysis
Global Sheet Face Mask Market is anticipated to exhibit a CAGR of 8.47% to register USD 1,210.9 Million by 2023. These masks are face-shaped coverings with cutouts for the eyes, nose, and mouth and are available in various sheet materials, like cotton, bio-cellulose, non-woven, and hydrogel.
The Global Sheet Face Mask Market has been largely advanced by the strong rising need for skin enhancing products across the world. The overall market growth is propelled by Rapid urbanization and increased per capita disposable incomes, and increased spending on skincare products. According to analysis, developing awareness of sheet face masks through social media and celebrity endorsements is estimated to spur market expansion during the study period period. Furthermore, the advancements of the e-commerce sector and the inclination of manufacturers for this approach of distribution are further anticipated to upgrade the surge of the global sheet face mask market during the forecast period.
Market Segmentation
The global sheet mask market is segmented based on type, region, and distribution channel. The type segment is further categorized as Cotton Masks, Non-Woven Masks, Hydrogel Masks, Bio-Cellulose Masks, and Others. By distribution channel the market is sub segmented as Store-Based and Non-Store-Based.
The non-woven masks segment is expected to dominate the market and register a significant CAGR to reach USD 369.3 Million by the end of 2023. Additionally, the hydrogel masks type is projected to record the largest CAGR of 9.40% from 2018 to 2023.
Regional Analysis
Geographically the global Sheet Face Mask Market spans across Europe, North America, Asia Pacific, and the rest of the world. Asia-Pacific accounted for the largest market share of 42.91% in 2017 and the regional market is projected to register a CAGR of 9.06% during the study period. Japan is one of the leading markets in the region, accounting for the largest market contribution during the forecast period. Additionally, the Chinese market is forecasted to reach the highest expansion rate of 9.34% during the review period of 2018 to 2023.
The European market is anticipated to record USD 284.6 Million by 2023. The regional market growth of sheet face mask market is driven by accelerating development in skin care products and the inclination of the working population toward skin enhancing products in the region. Italy is the held the major contribution to the growth of the regional market, followed by the UK.
Key Players
The major Players in the Global Sheet Face Mask Market are Amorepacific Corporation (South Korea), LG Household & Health Care Ltd (South Korea), Starskin Group B.V. (Netherlands), Orgaid Inc. (US), Mijin Cosmetics (South Korea), L’Oréal S.A. (France), Christian Dior SE (France), The Estée Lauder Companies Inc. (US), TaikiUSA (US), and Biocrown Biotechnology Co., Ltd (China).


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