LONDON--(BUSINESS WIRE)--The global body masks market is expected to grow by USD 323.28 million as per Technavio. This marks a significant market slowdown compared to the previous year's growth estimates due to the impact of the COVID-19 pandemic in the first half of 2020. However, healthy growth is expected to continue throughout the forecast period, and the market is expected to grow at a CAGR of over 6%.
Request for Technavio's latest reports on directly and indirectly impacted markets
Market estimates include pre- and post-COVID-19 impact on the body masks market - Request free sample pages
The COVID-19 pandemic is driving several market players to prioritize their focus on the development of a preventive vaccine for coronavirus. This is resulting in strategic collaborations among companies. For instance, in February 2020, Janssen Pharmaceutical Companies expanded its existing partnership with Biomedical Advanced Research and Development Authority (BARDA), part of the Office of the Assistant Secretary for Preparedness and Response (ASPR) at the US Department of Health & Human Services, to explore treatment solutions for COVID-19. Such strategic collaborations will be crucial in fueling the growth of the market in focus.
Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations.
The market is driven by the growth in the wellness industry. In addition, the rise in demand for organic and natural masks is anticipated to boost the growth of the body masks market.
Factors such as rising pollution levels and hectic work schedules have led consumers to adopt a healthier lifestyle. This, along with high disposable incomes and the inclination toward beauty treatments has increased the demand for spa services. In addition, several governments across the world have undertaken various initiatives to support the development of wellness tourism. For instance, in May 2018, the Government of Thailand announced its plans to provide place infrastructure and mechanisms to support the development of medical tourism in the country. Such initiatives are increasing the number of spas across the world. Therefore, the growth of the wellness industry will have a positive impact on the demand for skincare products market, including body masks during the forecast period.
Buy 1 Technavio report and get the second for 50% off. Buy 2 Technavio reports and get the third for free.
Major Five Body Masks Companies:
Casmara Cosmetics SA
Casmara Cosmetics SA operates its business through segments such as Facial care, Body care, Peel-off mask, Beautyplan 3 step, Professional, and Online counselling. The company offers Algae peel-off body mask. It also offers thermoactive mask and cryogenic firming mask.
Crown Laboratories Inc.
Crown Laboratories Inc. operates its business through segments such as Aesthetics, Beauty, Therapeutic, and Prescription. The company offers body masks under the brand, Vita Liberta.
HATCH Collection LLC
HATCH Collection LLC operates its business through segments such as Clothes, Beauty, and After baby. The company offers Belly Mask which formulated using hyaluronic acid, orange fruit water, and rosehip.
Johnson & Johnson
Johnson & Johnson operates its business through segments such as Consumer, Pharmaceutical, and Medical Devices. The company offers AVEENO REPAIRING CICA hand mask, AVEENO RADIANCE BOOSTING hand mask, and AVEENO NOURISHING hand mask.
KARUNA SKIN operates its business through the Skincare products segment. The company offers hydrating hand masks and foot masks.
Register for a free trial today and gain instant access to 17,000+ market research reports.
Body Masks Market End-user Outlook (Revenue, USD Million, 2020-2024)
Body Masks Market Distribution Channel Outlook (Revenue, USD Million, 2020-2024)
Body Masks Market Geography Outlook (Revenue, USD Million, 2020-2024)
- North America
- South America
Technavio’s sample reports are free of charge and contain multiple sections of the report, such as the market size and forecast, drivers, challenges, trends, and more. Request a free sample report
Related Reports on Consumer Staples Include:
Global Sleep Mask Market – Global sleep mask market by distribution channel (offline and online) and geography (APAC, Europe, MEA, North America, and South America).
Global Anti-Acne Cosmetics Market – Global anti-acne cosmetics market by product (cleansers, emulsions, and masks) and geography (APAC, Europe, MEA, North America, and South America).
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.