Report Ocean recently released a research report on the Dermacosmetics Market, which covers the market’s historical growth, cost structure, revenue, trends, and potential prospects for the period 2023-2031. The report provides an extensive coverage of the market across various categories and includes a detailed analysis at the national level, along with an evaluation of the key drivers, restraints, trends, and opportunities in the market.
The global dermacosmetics market size was US$ 58.0 billion in 2021 and is forecast to reach US$ 103 billion by 2030. The global dermacosmetics market is forecast to grow at a compound annual growth rate (CAGR) of 6.5% during the forecast period from 2022 to 2030.
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Dermacosmitics includes a variety of products amalgamated with efficient ingredients. The products are medical-inspired and contain high-quality ingredients that give them a unique outlook.
Factors Influencing
- Increasing consumer awareness towards skincare and efficient products is the primary factor driving the market growth. Moreover, growing skin concerns and demand for efficient treatment would offer lucrative growth opportunities to the market players.
- The diversity of demands and high purchasing power of consumers is forecast to benefit the global dermacosmetics market during the study period.
- Most skin diseases are caused due to pollution and the side effects of sunlight. Thus, increasing environmental pollution is forecast to propel the growth of the global dermacosmetics market during the forecast period.
- The unhealthy lifestyle leading to skin-related problems would propel the demand for dermacosmetics.
- Moreover, increasing skin problems related to age and consumer awareness related to efficient treatments are forecast to accelerate the market growth. With the growing age, people witness wrinkles, loose skin, and firmness in the skin texture. Moreover, the introduction of advanced procedures and products would gain popularity, which would benefit the market.
- Stringent government policies related to ingredients are forecast to slow down the market growth.
Regional Analysis
The global Dermacosmetics market is forecast to grow at a significant CAGR in the Asia-Pacific region. It is due to the growing awareness, increasing health-related issues, growing pollution, and rising awareness about efficient dermacosmetics. Moreover, increasing personal disposable income and consumer spending on products are forecast to benefit the global dermacosmetics market. Furthermore, increasing pollution and the unhealthy lifestyle of people would further contribute to the growth of the region in the global dermacosmetics market.
COVID-19 Impact Analysis
The demand for dermacosmetics slightly grew as it was one of the efficient methods to take care of the skin routine during the pandemic. Due to the lockdown in various countries, it became difficult for people to continue their therapy sessions. Thus, dermacosmetics became an efficient alternative to continue their skincare routine. Moreover, dermatologists began taking sessions online, which offered lucrative opportunities to the market payers to gain popularity. However, the high cost of the products and shift in consumer preferences hampered the market growth during the pandemic.
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Competitors in the Market
- Johnson & Johnson
- Bausch Health Companies Inc.
- Galderma S.A.
- Unilever Group
- Procter & Gamble (P&G)
- L’Oréal S.A.
- Beiersdorf AG
- The Este Lauder Companies Inc.
- ZO Skin Health Inc.
- Amorepacific Corporation
- Sebapharma GmbH & Co. KG
- Dermtek Pharma Inc.
- Phyto Botanical Power
- Zorah Biocosmetiques
- Shiseido Co. Ltd.
- BCG Badan-Badan Cosmetics Group Gmbh
- Dr. med. Christine Schrammek Kosmetik GmbH & Co. KG
- Uriage Dermatological Laboratories
- Youth Lab Dermacosmetics
- Physicians Care Alliance LLC
- Nuxe Laboratory
- Pierre Fabre S.A.
- Kanebo Cosmetics Inc.
- Allergan plc.
- Other prominent players
Market Segmentation
Insight by Product
- Haircare
- Skincare
Insight by Treatment
- Hair
- Skin
Insight by End User
- Hospitals
- Clinics
- Medical Spas
- Salons
- At-Home
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Insight by Region
- North America
- The U.S.
- Canada
- Mexico
- Europe
- Western Europe
- The UK
- Germany
- France
- Italy
- Spain
- Rest of Western Europe
- Eastern Europe
- Poland
- Russia
- Rest of Eastern Europe
- Asia Pacific
- China
- India
- Japan
- Australia & New Zealand
- ASEAN
- Rest of Asia Pacific
- Middle East & Africa (MEA)
- UAE
- Saudi Arabia
- South Africa
- Rest of MEA
- South America
- Brazil
- Argentina
- Rest of South America
Table of Content
Chapter 1: Global Dermacosmetics Industry Overview
Chapter 3: Market Dynamics
Chapter 4: Top Company Profiles
Chapter 5: Global Dermacosmetics market Competition, by Players
Chapter 6: Global Market Size by Regions
Chapter 7: Global Market Segment by Application
Chapter 8: Global Dermacosmetics Industry Segment by Type
Chapter 9: Market Chain, Sourcing Strategy, and Downstream Buyers
Chapter 10: Strategies and key policies by Distributors/Suppliers/Traders
Chapter 11: Key Marketing Strategy Analysis, by Market Vendors
Chapter 12: Market Effect Factors Analysis
Chapter 13: Global Dermacosmetics market Size Forecast (2023-2031).
Continue….
Reasons to Buy This Report
(A) The research provides valuable insights for top administration, policymakers, professionals, product advancements, sales managers, and stakeholders in the market. It helps them make informed decisions and strategize effectively.
(B) The report offers comprehensive analysis of Dermacosmetics market revenues on a global, regional, and country level, projecting trends until 2031. This data allows companies to assess their market share, identify growth opportunities, and explore new markets.
(C) The research includes segmentation of the Dermacosmetics market based on types, applications, technologies, and end-uses. This segmentation enables leaders to plan their products and allocate resources based on the expected growth rates of each segment.
(D) Analysis of the Dermacosmetics market benefits investors by providing insights into market scope, position, key drivers, challenges, restraints, expansion opportunities, and potential threats. This information helps them make informed investment decisions.
(E) The report offers a detailed analysis of competitors, their key strategies, and market positioning. This knowledge allows businesses to better understand the competition and plan their own strategies accordingly.
(F) The study helps evaluate Dermacosmetics business predictions by region, key countries, and top companies, providing valuable information for investment planning and decision-making.
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