Latin America Pore Strips Market Size & Outlook, 2021-2028
Latin America pore strips market, 2016-2028 (US$M)
Related Markets
Latin America pore strips market highlights
- The Latin America pore strips market generated a revenue of USD 112.2 million in 2021.
- The market is expected to grow at a CAGR of 6.2% from 2022 to 2028.
- In terms of segment, non-charcoal was the largest revenue generating ingredient in 2021.
- Charcoal is the most lucrative ingredient segment registering the fastest growth during the forecast period.
- Country-wise, Brazil is expected to register the highest CAGR from 2022 to 2028.
Latin America data book summary
| Market revenue in 2021 | USD 112.2 million |
| Market revenue in 2028 | USD 170.4 million |
| Growth rate | 6.2% (CAGR from 2021 to 2028) |
| Largest segment | Non-charcoal |
| Fastest growing segment | Charcoal |
| Historical data covered | 2016 - 2020 |
| Base year for estimation | 2021 |
| Forecast period covered | 2022 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Charcoal, Non-charcoal |
| Key market players worldwide | Kao Corp, Walgreens Boots Alliance Inc, Ulta Beauty Inc, Earth Therapeutics, Sephora, TonyMoly, L'Oreal SA, Boscia, Hiphop skin care |
Other key industry trends
- In terms of revenue, Latin America region accounted for 7.9% of the global pore strips market in 2021.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2028.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 927.6 million by 2028.
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Pore Strips Market Scope
Pore Strips Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America pore strips market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to pore strips market will help companies and investors design strategic landscapes.
Non-charcoal was the largest segment with a revenue share of 75.49% in 2021. Horizon Databook has segmented the Latin America pore strips market based on charcoal, non-charcoal covering the revenue growth of each sub-segment from 2016 to 2028.
The Central & South America pore strips market is witnessing traction due to the strong product demand coupled with the increased consumer spending on premium beauty products. The increased participation of women in the region's workforce and the considerable rise in their purchasing capacity have contributed to a rise in spending on innovative skincare products.
There is also a high demand for male grooming products in the region. The increasing adoption of pore strips for skin care is due to the rising awareness about the positive effects of the various ingredients such as charcoal, hydrocolloid gel, and other natural ingredients, which is expected to positively influence this regional market.
These ingredients are likely to minimize the appearance of visibly large pores and make the skin appear youthful and firm. Moreover, the presence of several leading market players in the region, such as Neutrogena, a premium skincare brand by Johnson & Johnson Consumer Inc., is engaged in the manufacturing and marketing of beauty products including blackhead eliminating pore strips, is also driving the regional product demand.
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Our clientele includes a mix of pore strips market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America pore strips market, including forecasts for subscribers. This continent databook contains high-level insights into Latin America pore strips market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
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Latin America pore strips market size, by country, 2016-2028 (US$M)
Latin America Pore Strips Market Share, 2021 & 2028 (US$M)
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