Beauty Facial Masks Market Anticipated to Grow by 2031

New and improved facial masks that are easy to use and remove and give better results are driving the sales of this beauty product.
 
Fact.MR’s report predicts the global beauty facial mask to surpass $14 billion by registering a CAGR of 8% by the end of the forecast period 2021-2031.
 
Historically, between 2016 and 2020, the sales of beauty facial masks expanded at a CAGR of 6%. But, in fiscal year 2020, the market experienced a dip due to the global pandemic situation.

Clay Masks Lead the Way

•  By type, clay facial mask type expected to hold 40% of market share
•  By ingredient, natural facial masks to account for 45% revenue share
•  Beauty facial mask industry expected to register a CAGR around 8% throughout North America
•  Europe to generate 40% of the global revenue for beauty facial masks until 2031
•  Asia likely to account for over 1/4th of the global revenue share through 2031

Natural Skin Care

Natural ingredients—such as honey, extracts of fruits, cucumber, cactus and others—are being incorporated in manufacturing beauty facial masks. Honey-based beauty facial masks are very popular because they smoothen the facial skin and cleans the pores.

Fruit extracts and cucumber are also used in many masks because they are rich in vitamins and minerals, which are good for the skin. Other natural ingredients that are used in beauty facial masks are coconut oil, oats, cocoa butter and chamomile. The segment is likely to account for 45% of global revenue share.