Dermocosmetics Market By Product (Skin Care, Hair Care), By Treatment (Skin, Hair), By Distribution Channel (Pharmacy and Retail Stores, Online), By End-user (Clinics, Medical Spas, and Salons, Hospitals, At-Home): Global Opportunity Analysis and Industry Forecast, 2021-2030
The global dermocosmetics market is envisioned to garner $13, 0460.6 million by 2030, growing from $51,100 million in 2021 at a CAGR of 11.1% from 2022 to 2030.
Cosmetics and dermatology are two medical streams that are combined together to form dermocosmetics. All cosmetics products that may be applied to the skin or hair and that address particular skin issues such as dry skin, oily skin, skin ailments including acne, pimples, blemishes, marks, and others are referred to as dermacosmetics. Need of cosmetics in skin care is majorly due to rising awareness regarding its effectiveness and technological advancements in the industry are expected to have a significant impact on demand for dermacosmetics in the years to come.
Consumers are becoming more self-conscious about their appearance as it enhances their personality. In order to lessen the effects of aging, wrinkles, acne, and fine lines, they are increasingly preferring to spend more money on protecting and whitening their skin by using various dermocosmetic products. Furthermore, the trend towards shopping on e-commerce websites is projected to be essential for the performance of the skincare dermacosmetics market throughout the forecast period, due to customers' busy lifestyles and adopting most convenient ways to buy through online channel. Cosmetic products contain chemical compounds which can have a variety of negative effects on skin. Manufacturing businesses have used cutting-edge techniques to boost sales of their cosmetics items, such as introduction of new products with all-natural ingredients and attractive packaging. In the forecast, these factors are projected to accelerate the market revenue growth.
The majority of industries were shut down as a result of the COVID-19 pandemic. Import and export interruption, supply chain issues, and shutting down of several manufacturing facilities resulted in delaying the manufacturing of new products. Due to dermocosmetics’ effectiveness in maintaining a healthy skincare routine during the pandemic, dermocosmetics witnessed a little boost in demand. Due to the lockdown in several countries, people were unable to continue their therapy appointments. As a result, they were able to continue practicing skincare using dermacosmetics at home itself.
Additionally, dermotologists started conducting online consultations, due to the restriction and guidelines provided by various governments. However, during the pandemic, high product costs and a change in consumer tastes restricted the market growth.
The key players profiled in the dermocosmetics market report include Johnson & Johnson, Bausch Health Companies Inc., Galderma, Procter & Gamble, AbbVie, L'Oréal, Beiersdorf, Kanebo Cosmetics Inc., Estée Lauder Companies, Shiseido Company, and ZO Skin Health Inc.
Key Benefits For Stakeholders
This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the dermocosmetics market analysis from 2021 to 2030 to identify the prevailing dermocosmetics market opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the dermocosmetics market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global dermocosmetics market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Product
Skin Care
Hair Care
By Treatment
Skin
Hair
By Distribution Channel
Pharmacy and Retail Stores
Online
By End-user
Clinics, Medical Spas, and Salons
Hospitals
At-Home
By Region
North America
U.S.
Canada
Mexico
Europe
Germany
France
Italy
Spain
United Kingdom
Rest of Europe
Asia-Pacific
China
Japan
India
South Korea
Australia
Rest of Asia-Pacific
LAMEA
Brazil
Saudi Arabia
United Arab Emirates
South Africa
Rest of Latin America
Key Market Players
johnson & johnson, inc.
Bausch Health Companies Inc.
galderma
Procter & Gamble
Allergan plc
L'Oréal S.A
beiersdorf
Kanebo Cosmetics Inc.
Estee Lauder Companies Inc.
Shiseido Company
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