Segments - Dermocosmetics Skin Care Products Market by Product (Baby Care, Hair & Scalp, Anti-aging, Sun Care, Skin Care & Brightening, and Anti-stretch Mark), Treatment (Hair and Skin), Distribution Channel (Online and Pharmacy & Retail Stores), End-user (At-home, Clinics and Medical Spas & Salons, and Hospitals), and Region (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 – 2031
The dermocosmetics skin care products market size was valued at nearly USD 56.1 Bn in 2022 and is anticipated to reach USD 109.4 Bn by 2031, expanding at a CAGR of 7.7% during 2023 – 2031. The growth of the market is attributed to the growing importance of personal care routines and innovations in products such as anti-aging and skin brightening.
Dermatology and cosmetics are two medical streams combined together to form dermocosmetics. They mainly include cosmetic products and skin antiseptic products that are applied to the hair and skin for addressing specific skin issues such as oily skin or dry skin. Other skin ailments such as blemishes, acne, birthmarks, and pimples, are treated through the use of dermocosmetics in conjunction with necessary medical procedures.
Technological advancements and the effectiveness of cosmetics have led to the widespread use of dermocosmetics. Increasing awareness of consumers to opt for medical solutions for enhancing their appearance and personality has led to the popularity of dermocosmetics. Lessening the effects of aging, fine lines, wrinkles, pigmented spots, dark circles, skin slackening, dehydrated skin, oily skin are major skin problems addressed through dermocosmetics. Anti-acne cosmetics are popular among youth.
Organic dermocosmetics are in demand due to the organic ingredients in the form of aloe vera, argan oil, grape seed oil, hyaluronic acid, lauric acid, kojic acid, tea tree oil, and bentonite clay. An organic ingredient is derived from plants grown without the use of pesticides or chemical fertilizers.
Dermocosmetics skin care products such as soothing cleansers, day or night creams, serums, Vitamin C-15 antiaging creams, skin hydrating masques, multifunctional skin oils, daily microfoliants, and biolumin C gel moisturizers are widely used. Fillerina gels are applied using special applicators for treating expression lines and specific areas such as lips and cheekbones that require more volume
The market report finds that the COVID-19 pandemic affected the dermocosmetics skin care products market with disruptions in supply chains and a shortage of raw materials for manufacturing dermocosmetic products during the pandemic. The dermocosmetic products market normalized pose pandemic with the adoption of online consulting mediums by medical practitioners.
Technically advanced treatments in the form of hydrating masks, exfoliators, pore cleansers, and serums are opted for by consumers for having a flawless skin, which is expected to drive the market. Exposure to social media platforms for gaining information on advanced treatments is anticipated to fuel demand for dermocosmetic products market in the coming years.
Allergic reactions for certain skin types in the form of itchiness, redness of the skin, and irritation is likely to hamper the market during the forecast period. Lack of expert opinion on complex hair and skin issues cause immune deficiencies with improper medication, thereby restraining the market.
Rising research and investments by pharmaceutical giants to find solutions for hair and skin ailments is a lucrative opportunity for the growth of the market. Growing pollution and unhealthy lifestyles have led to the need for innovations in hair and skin care products, which is expected to fuel the dermocosmetics skin care products market during the forecast period.
The report on the global dermocosmetics skin care products market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
Attributes |
Details |
Report Title |
Dermocosmetics Skin Care Products Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast |
Base Year |
2022 |
Historic Data |
2016 – 2021 |
Forecast Period |
2023–2031 |
Segmentation |
Product (Baby Care, Hair & Scalp, Anti-aging, Sun Care, Skin Care & Brightening, and Anti-stretch Mark), Treatment (Hair and Skin), Distribution Channel (Online and Pharmacy & Retail Stores), and End-user (At-home, Clinics and Medical Spas & Salons, and Hospitals) |
Regional Scope |
Asia Pacific, North America, Latin America, Europe, and Middle East & Africa |
Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
Key Players Covered in the Report |
Estée Lauder Companies; AbbVie; VLCC Health Care Limited; Kanebo Cosmetics Inc.; Bausch Health Companies Inc.; Johnson & Johnson; Procter & Gamble; Himalaya Global Holdings Ltd.; Galderma; Beiersdorf; L’Oréal USA, Inc.; ZO Skin Health Inc.; Shiseido Company, Limited; Procter & Gamble; Unilever; IQVIA Inc, Johnson & Johnson Services, Inc.; Amorepacific; Avon Products, Inc.; and Lotus Herbals Pvt. Ltd. |
Based on product, the market is divided into baby care, hair & scalp, anti-aging, sun care, skin care & brightening, and anti-stretch mark. The skin care & brightening segment is anticipated to hold a key share of the market, due to an increase in skin-related issues such as hyperpigmentation, wrinkles, aging, and acne. Availability of skin solutions for non-traditional body parts such as knees, elbows, and neck are expected to boost the segment.
The hair & scalp segment is expected to expand exponentially in the coming years, due to lifestyle stress, unhealthy food consumption, hair fall issues, and hair damage that result in ailments. The growing adoption of hair care & nail care products for treatments such as transplants, hair coloring, and others is expected to fuel the market in the coming years.
In terms of treatment, the market is bifurcated into hair and skin. The skin segment is expected to expand at a significant pace during the projection period, due to the growing awareness among the masses for skin treatments such as skin rejuvenation, derma fillers, and chemical peels. The advanced skin treatments are completed in less time and without causing discomfort to patients, which is expected to boost the segment in the coming years.
The hair segment is anticipated to hold a key share of the market during the forecast period, owing to increasing hair problems due to pollution and hectic lifestyles. Growing demand for customized hair care solutions by patients is expected to boost the segment during the forecast period.
On the basis of the distribution channel, the dermocosmetics skin care products market is divided into online and pharmacy & retail stores. The pharmacy & retail stores segment is expected to dominate the market during the forecast period owing to the provision of in-hand inspection of products and medicines provided to the customer.
The online segment is expected to expand exponentially in the coming years, due to the doorstep delivery of medicines provided by online service providers. The ease of comparing different offers and prices through online buying of medicines is expected to propel the segment in the coming years.
Based on end-user, the market is segregated into at-home, clinics and medical spas & salons, and hospitals. The hospitals segment is projected to hold high revenue shares of the market during the forecast period, owing to the variety of treatments that are offered by specialist doctors. Competitive prices of skin care treatments offered by hospitals are expected to drive the segment during the forecast period.
The clinics and medical spas & salons segment is anticipated to expand at a rapid pace, owing to growing consumer preferences for beauty clinics and spas for achieving long-term treatment results. The growing trend of opting for anti-aging treatments from experienced personnel of clinics and medical spas is likely to boost the segment in the coming years.
In terms of region, the global dermocosmetics skin care products management market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. Asia Pacific is expected to dominate the market during the forecast period, owing to the extensive use of skin care products by the growing population in the region. The prevalence of skin diseases with limited healthcare facilities in respect of population is likely to propel the market in Asia Pacific in the coming years.
The market in North America is projected to expand at a rapid pace in the coming years, owing to the rising occurrences of skin diseases in the region. Growing awareness of organic skin care products is expected to drive the market in North America during the forecast period.
The global dermocosmetics skin care products management market has been segmented on the basis of
Key players competing in the dermocosmetics skin care products management market include Estée Lauder Companies; AbbVie; VLCC Health Care Limited; Kanebo Cosmetics Inc.; Bausch Health Companies Inc.; IQVIA Inc; Johnson & Johnson; Procter & Gamble; Himalaya Global Holdings Ltd.; Galderma; Beiersdorf; L’Oréal USA, Inc.; ZO Skin Health Inc.; Shiseido Company, Limited; Procter & Gamble; Unilever; Johnson & Johnson Services, Inc.; Amorepacific; Avon Products, Inc.; and Lotus Herbals Pvt. Ltd.
These companies deploy development strategies including networking, collaboration, product launches, referrals, mergers, acquisitions, partnerships, and production expansion to expand their consumer base globally.