Anti-acne Cosmetics Market, By Product Type (Moisturizers, Anti-acne Cream, Face Wash, Masks/Packs, and Others), By Gender (Female and Male), By Price Range (Economic and Premium), By Formulation (Organic and Inorganic), By Distribution Channel (Supermarkets & Hypermarkets, Specialty Stores, Online Stores, Pharmacy/Drug Stores, and Others), and By Region (North America, Latin America, Asia Pacific, Europe, and Middle East & Africa) - Size, Share, Outlook, and Opportunity Analysis, 2023 - 2030
Acne is a skin disorder that occurs specially amongst teenagers. It is generally observed when the hair follicles are plugged with dead skin cells and oil. Acne causes various skin issues such as blackheads, whiteheads, and pimples. The rising emphasis on advertising and new promotional activities for the sales of anti-acne products have helped in creating awareness among the consumers and has led to augmented sales.
Market Dynamics
Major players operating in the global anti-acne cosmetics market are focusing on various strategies such as product launches with the objective of attracting new customers by meeting their demands and also to retain their market position. For instance, in December 2020, JustHerbs, a global cosmetics website, received numerous enquiries for their anti-acne products and launched trial packs for anti-acne and skin purifying products.
Stringent regulations against the use of harmful chemical ingredients in various cosmetic products is expected to hinder the market growth of anti-acne cosmetics. For instance, in March 2019, California lawmakers introduced the landmark bill, noting that sales of cosmetic products with toxic ingredients would be deemed illegal in the state. AB 495, the Toxic-Free Cosmetic Act, would be the first of its kind in the country.
Moreover, players are also focusing on developing new products, in order to expand their product portfolio. For instance, in September 2018, The Skincare Company launched a new line of products to treat acne, named Benzoil, which caters to its male consumers.
Key features of the study:
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook