Report ID: UCMIG30L2090
Report ID:
UCMIG30L2090 |
Region:
Global |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
In 2020, the global pore strips market reached a significant valuation of USD 1.35 billion. Looking ahead, the market is projected to exhibit a steady growth trajectory with a compound annual growth rate (CAGR) of 5.9% during the period from 2021 to 2028. Pore strips, a popular skincare product, are widely used for their ability to remove dirt, oil, and impurities from the pores. The increasing awareness of skincare and personal grooming, coupled with the rising demand for effective pore cleansing solutions, is expected to drive the market growth. Factors such as urbanization, changing lifestyles, and growing disposable incomes are likely to contribute to the market's expansion as well.
This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Personal Products by segment aggregation, the contribution of the Personal Products in Household & Personal Products and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
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Report ID: UCMIG30L2090