The new Pore Strips Market report by Transparency Market Research (TMR) foresees the global sales of pore strips to incur a promising growth in the future -- it is forecasted to be worth $2.7 billion by 2026.
The market will 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.
The Demand for Affordable Single-Use Products
Pore strips are one of the many single-use skincare products that are "trending" now, and "treading the growth phase of product life cycle," TMR's analysts say. Manufacturers are aiming at capitalizing on the growing consumer demand by offering products at cheap prices.
Prominent pore strip manufacturers worldwide are Kao Corporation, Unilever, P&G, Earth Therapeutics, Lucky Fine, Sephora, Boscia, Ulta Beauty, Boots, and Walgreen's. 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, according to TMR.
Consumers Have Doubts
In the coming years, consumer skepticism will be a key deterrent for the growth of global pore strips market. Studies reveal how pore strips used extensively can cause broken capillaries in thinner dermal layers of the skin.
New products will be more scrutinized by consumers. Consumers who have used pore strips for a long time have expressed discomfort after removing these strips, which has led to spider veins in some instances.
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. 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.