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Face Mask Sales to Soar

CAGR of 8.7% through 2024.

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By: TOM BRANNA

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Boosted by soaring demand around the world, global sales of sheet facial masks will more than double from $160.4 million in 2015 to $336.7 million by 2024, according to a new study by Transparency Market Research. That represents a compound annual growth rate of 8.7%. TMR estimates that the top three players in the segment, Sephora, Starskin and Estée Lauder, combine to hold a 36.5% share. Taking a closer look at the market, TMR notes that the category is segmented into nonwoven, hydrogel, ...

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