Dermocosmetic Product Market Share, Growth & Forecast [2030]
Dermocosmetic Product Market Share, Growth & Forecast [2030]
Segments - Global Dermocosmetic Product Market By Products (Skincare [Cream, Serum, Lotion, Cleanser, Gel, and Toner) and Haircare [Shampoo and Conditioner]),Treatments (Skin [Anti-aging, Skin Whitening, and Acne Treatment] and Hair [Anti-dandruff, Anti-hair fall, and Hair Repair]), End-users (Clinics, Medical Spas and Salons, At-home, and Hospitals), Distribution Channels (Pharmacies & Retail Stores and Online Channels), and Regions (North America, Latin America, Europe, Asia Pacific, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028
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| Report ID :HC-3875
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| 202 Pages
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Report Description
The global dermocosmetic product market was valued USD 57 billion in 2020 and is expected to reach USD 100 billion by 2028, expanding at a CAGR of 7.3% during the forecast period, between 2021 and 2028. Dermocosmetic products are those that are used to treat skin disorders such as acne, psoriasis, eczema, excessive sensitivity, and reactive skin. In recent years, the demand for dermocosmetic products has increased due to an increase in the number of cases of skin allergies and lifestyle-related skin issues. The development of dermocosmetic products has resulted from a growing understanding of how the skin reacts to adverse situations such as pollution and heat.
Several efforts were made by governments around the world to mitigate the spread of virus and had a negative influence on the dermacosmetics market during the COVID-19 pandemic. The supply of raw materials was drastically reduced as a result of the rigorous lockdowns and shutting of international borders. As a result, dermacosmetic product manufacturers' operations were constrained, notably in the first two quarters of 2020. Moreover, the alleged third wave is projected to weaken the market demand in the coming months.
Market Trends, Drivers, Restraints, and Opportunities
- Rising inclination toward spending on appearance to reduce the signs of aging, brighten the skin, and reduce acne is one of the major factors responsible for the growth of the market.
- Increasing number of young people and rising awareness of the benefits of dermocosmetic products within the age group are driving the market growth.
- The limited availability of substitutes can spur the market growth.
- Growing consumers’ interest in wellness, health, and benefit-driven products is one of the key drivers of the market.
Scope of Dermocosmetic Product Market Report
The report on global dermocosmetic product market includes an assessment of the market, size, share, trends, segments, and regional markets. Overview and dynamics have been included in the report.
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Attributes |
Details |
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Report Title |
Dermocosmetic Product Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast |
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Base Year |
2020 |
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Historic Data |
2018–2019 |
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Forecast Period |
2021–2028 |
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Segmentation |
By Products (Skincare [Cream, Serum, Lotion, Cleanser, Gel, and Toner) and Haircare [Shampoo and Conditioner]), Treatments (Skin [Anti-aging, Skin Whitening, and Acne Treatment] and Hair [Anti-dandruff, Anti-hair fall, and Hair Repair]), and End-users (Clinics, Medical Spas and Salons, At-home, and Hospitals), Distribution Channels (Pharmacies & Retail Stores and Online Channels) |
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Regional Scope |
Asia Pacific, North America, Latin America, Europe, and Middle East & Africa |
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Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
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Key Players Covered in the Report |
Procter & Gamble, An NSE, Inc. Company, Unilever, Pierre Fabre group, GALDERMA, Shiseido Company, Limited, AbbVie, The Estée Lauder Companies Inc., Johnson & Johnson Services, Inc., and Beiersdorf AG |
Dermocosmetic Product Market Segment Insights
Wider application is estimated to drive the skincare segment
Based on products, the market can be segmented into skincare and haircare. The skincare segment can be further segregated into cream, serum, lotion, cleanser, gel, and toner. On the other hand, the haircare segment can be further bifurcated into shampoo and conditioner. The skincare segment held a large share in the market in 2020 and is expected to maintain this trend during the forecast period. This is primarily attributed to the availability of a range of skincare products for various applications, such as anti-aging, spot removal, skin whitening, and acne treatment.
Rising prevalence of skin conditions to spur the skin segment
On the basis of treatments, the market can be bifurcated into skin and haircare. The skin segment can be segregated into anti-aging, skin whitening, and acne treatment. The haircare segment can be divided into anti-dandruff, anti-hair fall, and hair repair. The skin segment dominated the dermacosmetics products market in 2020 due to the availability of a broad range of products for the treatment of acne, dullness, fine lines, signs of aging, and dual skin tone.
Online channels segment to grow at healthy rate
In terms of distribution channels, the market can be classified as pharmacies & retail stores and online channels. The online channels segment is expected to exhibit a high CAGR during the forecast period. This is primarily attributed to the increasing preference among consumers to buy cosmetics and beauty products through his medium, mainly due to heavy discounts and offers.
Medical spas, and salons segment held a significant market share
Based on end-users, the market can be segmented into clinics, medical spas and salons, at-home, and hospitals. The medical spas, and salons segment accounted for a significant share in the dermacosmetic products market in 2020 due to the wide array of skin treatments, such as skin whitening, anti-aging, and dark spot removal.
The market in Asia Pacific to exhibit a robust pace
On the basis of regions, the market can be categorized as North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. Europe constituted a major market share due to rapid expansion of pharmacies. The market in Asia Pacific region is expected to grow at a robust rate due to significant increase in disposable income.
Segments
By Products
- Skincare
- Cream
- Serum
- Lotion
- Cleanser
- Gel
- Toner
- Haircare
- Shampoo
- Conditioner
By Treatments
- Skin
- Anti-aging
- Skin whitening
- Acne treatment
- Hair
- Anti-dandruff
- Anti-hair fall
- Hair repair
By End-users
- Clinics
- Medical Spas & Salons
- At-Home
- Hospitals
By Distribution Channels
- Pharmacies & Retail Stores
- Online Channels
By Regions
- North America
- Europe
- Latin America
- Asia Pacific
- Middle East & Africa
By Key Players
- Procter & Gamble
- An NSE, Inc. Company
- Unilever
- Pierre Fabre group
- GALDERMA
- Shiseido Company, Limited
- AbbVie
- The Estée Lauder Companies Inc.
- Johnson & Johnson Services, Inc.
- Beiersdorf AG
Competitive Landscape
The major players in the market are Procter & Gamble, An NSE, Inc. Company, Unilever, Pierre Fabre group, GALDERMA, Shiseido Company, Limited, AbbVie, The Estée Lauder Companies Inc., Johnson & Johnson Services, Inc., and Beiersdorf AG.
Table Of Content
1. Executive Summary2. Assumptions and Acronyms Used
3. Research Methodology
4. Dermocosmetic Product Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Dermocosmetic Product Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Dermocosmetic Product Market - Supply Chain
4.5. Global Dermocosmetic Product Market Forecast
4.5.1. Dermocosmetic Product Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Dermocosmetic Product Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Dermocosmetic Product Market Absolute $ Opportunity
5. Global Dermocosmetic Product Market Analysis and Forecast by Region
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Region
5.2.2. Y-o-Y Growth Projections by Region
5.3. Dermocosmetic Product Market Size and Volume Forecast by Region
5.3.1. North America
5.3.2. Latin America
5.3.3. Europe
5.3.4. Asia Pacific
5.3.5. Middle East and Africa (MEA)
5.4. Absolute $ Opportunity Assessment by Region
5.5. Market Attractiveness/Growth Potential Analysis by Region
5.6. Global Dermocosmetic Product Demand Share Forecast, 2019-2026
6. North America Dermocosmetic Product Market Analysis and Forecast
6.1. Introduction
6.1.1. Basis Point Share (BPS) Analysis by Country
6.1.2. Y-o-Y Growth Projections by Country
6.2. North America Dermocosmetic Product Market Size and Volume Forecast by Country
6.2.1. U.S.
6.2.2. Canada
6.3. Absolute $ Opportunity Assessment by Country
6.4. Market Attractiveness/Growth Potential Analysis
6.4.1. By Country
6.4.2. By Product Type
6.4.3. By Application
6.5. North America Dermocosmetic Product Demand Share Forecast, 2019-2026
7. Latin America Dermocosmetic Product Market Analysis and Forecast
7.1. Introduction
7.1.1. Basis Point Share (BPS) Analysis by Country
7.1.2. Y-o-Y Growth Projections by Country
7.1.3. Latin America Average Pricing Analysis
7.2. Latin America Dermocosmetic Product Market Size and Volume Forecast by Country
7.2.1. Brazil
7.2.2. Mexico
7.2.3. Rest of Latin America
7.3. Absolute $ Opportunity Assessment by Country
7.4. Market Attractiveness/Growth Potential Analysis
7.4.1. By Country
7.4.2. By Product Type
7.4.3. By Application
7.5. Latin America Dermocosmetic Product Demand Share Forecast, 2019-2026
8. Europe Dermocosmetic Product Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.1.3. Europe Average Pricing Analysis
8.2. Europe Dermocosmetic Product Market Size and Volume Forecast by Country
8.2.1. Germany
8.2.2. France
8.2.3. Italy
8.2.4. U.K.
8.2.5. Spain
8.2.6. Russia
8.2.7. Rest of Europe
8.3. Absolute $ Opportunity Assessment by Country
8.4. Market Attractiveness/Growth Potential Analysis
8.4.1. By Country
8.4.2. By Product Type
8.4.3. By Application
8.5. Europe Dermocosmetic Product Demand Share Forecast, 2019-2026
9. Asia Pacific Dermocosmetic Product Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Asia Pacific Average Pricing Analysis
9.2. Asia Pacific Dermocosmetic Product Market Size and Volume Forecast by Country
9.2.1. China
9.2.2. Japan
9.2.3. South Korea
9.2.4. India
9.2.5. Australia
9.2.6. Rest of Asia Pacific (APAC)
9.3. Absolute $ Opportunity Assessment by Country
9.4. Market Attractiveness/Growth Potential Analysis
9.4.1. By Country
9.4.2. By Product Type
9.4.3. By Application
9.5. Asia Pacific Dermocosmetic Product Demand Share Forecast, 2019-2026
10. Middle East & Africa Dermocosmetic Product Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Middle East & Africa Average Pricing Analysis
10.2. Middle East & Africa Dermocosmetic Product Market Size and Volume Forecast by Country
10.2.1. Saudi Arabia
10.2.2. South Africa
10.2.3. UAE
10.2.4. Rest of Middle East & Africa (MEA)
10.3. Absolute $ Opportunity Assessment by Country
10.4. Market Attractiveness/Growth Potential Analysis
10.4.1. By Country
10.4.2. By Product Type
10.4.3. By Application
10.5. Middle East & Africa Dermocosmetic Product Demand Share Forecast, 2019-2026
11. Competition Landscape
11.1. Global Dermocosmetic Product Market: Market Share Analysis
11.2. Dermocosmetic Product Distributors and Customers
11.3. Dermocosmetic Product Market: Competitive Dashboard
11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
11.4.1. Procter & Gamble
11.4.2. An NSE, Inc. Company
11.4.3. Unilever
11.4.4. Pierre Fabre group
11.4.5. GALDERMA
11.4.6. Shiseido Company, Limited
11.4.7. AbbVie
11.4.8. The Estée
Methodology
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