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Global Pore Strips Market to be Worth US$ 2.7 Billion by 2026; Economic Pricing to Translate High Profits for Market Players During 2017 - 2026, Observes TMR


News provided by

Transparency Market Research

20 Mar, 2018, 11:30 GMT

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ALBANY, New York, March 20, 2018 /PRNewswire/ --

Single-use skin care products such as pore strips are treading the growth phase of product life cycle, and manufacturers are aiming at capitalizing from the growing consumer demands by offering products at cheap prices. Transparency Market Research foresees the global sales of pore strips to incur a promising growth in the future, albeit, this scenario is contingent upon the efforts of market players in keep products economically feasible for vast consumer bases. Kao Corporation, Unilever, P&G, Earth Therapeutics, Lucky Fine, Sephora, boscia, LLC, Ulta Beauty, Boots, and Walgreen Co. are recognized as prominent pore strip manufacturers worldwide. In the coming years, these players will continue offering pore strips at cheap prices and capture the inclination of consumers towards affordable single-use items.

In its latest report, Transparency Market Research assesses the global pore strips market to expand at a CAGR of 7.6% in terms of value, over the period, 2017-2026. The report observes that the global demand for pore strips has been steady over the recent past, and will bring in revenues worth over US$ 2.7 billion by the end of 2026. The study further reveals that majority of global demand for pore strips will be arising from the Asia-Pacific excluding Japan (APEJ) region. High presence of common skin problems in India, China and other APEJ countries will drive the sales of pore strips in this region. By 2026-end, nearly 35% of pore strips produced worldwide will be sold across the APEJ region.

Get PDF Brochure for Research Insights at https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=40859

In the coming years, consumer skepticism will be observed as a key deterrent for the growth of global pore strips market. New products will be scrutinized by consumers by obtaining the support of scientific findings which reveal how pore strips essential damage the skin than nurture it.

Consumer skepticism may rip off pore strips from the cosmetics industry 

Extensive research on the key factors influencing the dynamic growth of global pore strips market reveal that growing skepticism among consumers may be the biggest threat for the market's growth in near future.

  • Studies reveal how pore strips used extensively can cause broken capillaries in thinner dermal layers of the skin
  • Consumers who have used pore strips for a long time have expressed discomfort after removing these strips, which has also led to spider veins in some instances
  • The inability of pore strips to avoid blackheads from being formed after removal is a critical shortcoming, and growing consumer skepticism is further stifling product innovation in the market
  • While pore strips are cheap and offer a quick-fix for blackhead removal, several consumers are preferring to opt for other alternatives or adopt skin care treatments for achieving permanent removal of blackheads

Get Discount on this report at https://www.transparencymarketresearch.com/sample/sample.php?flag=D&rep_id=40859

Economic pricing shall translate high profits; online retailers will represent fastest-growing sales channel for pore strips 

In 2017, nearly US$ 390 million worth of pore strips sold in the world were at premium prices. The remaining chunk of global market value was accounted by pore strips priced in the economic range. By 2026-end, 70% of the global pore strips market value will be contributed by sales of products priced in the economic range. While premium pricing of pore strips will reflect a high value CAGR, manufacturers will continue to extend production of inexpensive pore strips to capture the affordability of consumers.

Download Report TOC at https://www.transparencymarketresearch.com/report-toc/40859

Sales of pore strips across convenience stores, departmental stores and modern trade outlets will collectively showcase of global market value share of 55% by the end of 2026. Market players will also explore new avenues for sales, for which online retailers will represent a high attractiveness index. Over the forecast period, global sales of pore strips through online retailers will represent highest value CAGR of 9.3%. The long-term outlook on global pore strips market remains promising, with the market reaching a stage of maturity towards 2026.

Popular Research Reports by TMR: 

  • Cosmetic Ingredients Market (Type - Surfactants, Polymers, Emollients, Antioxidants and Preservatives, and Rheology Modifiers; Function - Cleansing Agent, Moisturizing Agent, and Coloring Agent; End User - Skin Care, Hair Care, Make Up, and Oral Care) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025:https://www.transparencymarketresearch.com/cosmetic-ingredients-market.html
  • Organic Personal Care Market (Product Type - Skin Care, Hair Care, Makeup and Color Cosmetics, Fragrances; Gender - Male, Female; Sales Channel - Professional Salons, Specialty Stores, Modern Trade, Drug Stores, Online Stores) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2022:https://www.transparencymarketresearch.com/organic-personal-care-market.html

About Us 

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company's exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR's experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR's data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

Contact
Transparency Market Research
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Suite 700,
Albany NY - 12207
United States
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com

Website: http://www.transparencymarketresearch.com

Research Blog: http://www.techyounme.com/

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