Global Medicated Skin Care Products Market Analysis Report 2023-2030: Growing Prominence of Personalized Skin Care Prescriptions Benefit Market Penetration
Tuesday, October 3, 2023
DUBLIN, Sept. 25, 2023 /PRNewswire/ -- The "Medicated Skin Care Products - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
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Global Medicated Skin Care Products Market to Reach $9.2 Billion by 2030
The global market for Medicated Skin Care Products estimated at US$7.2 Billion in the year 2022, is projected to reach a revised size of US$9.2 Billion by 2030, growing at a CAGR of 3.1% over the analysis period 2022-2030.
The global Medicated Skin Care Products market is on a significant growth trajectory, projecting substantial annual sales from 2014 to 2030.
The analysis covers a range of product segments, including cleansers, toners, scrubs & masks, serums, and moisturizers, all contributing to the market's vibrant landscape. It also delves into distribution channels, assessing both offline and online sales channels.
This data-rich report is a valuable resource for businesses and investors in the Medicated Skin Care Products market, facilitating well-informed decisions and strategic planning in this thriving industry.
Within this market, cleansers are expected to achieve a 2.8% CAGR, reaching US$2.9 Billion by the end of the analysis period. Meanwhile, the toners segment is estimated to grow at a 2.6% CAGR over the next 8 years.
Geographically, the report covers key regions, including the USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East, and Africa. It provides independent assessments of annual sales figures, CAGR percentages, and a 16-year perspective from 2014 to 2030.
In 2022, the U.S. Medicated Skin Care Products market is estimated at US$2.3 Billion, while China, as the world's second-largest economy, is forecast to reach US$1.2 Billion by 2030, with a CAGR of 4.6% over the 2022-2030 analysis period. Other notable geographic markets include Japan and Canada, each expected to grow at 2.3% and 2.9%, respectively, during the same period. Germany is forecasted to grow at an approximate 2.7% CAGR within Europe.
This report also offers insights into the competitive landscape, featuring industry leaders like Advanced Dermatology and Cosmetic Surgery, Bayer AG, and more. It equips businesses with a competitive edge in a highly competitive market landscape.
Key Topics Covered:
MARKET OVERVIEW
-- Impact of Covid-19 and a Looming Global Recession
-- 2020: A Year of Disruption & Transformation
-- Year 2021 in Review and Near Term Outlook
-- Prolonged Pandemic, Ukraine-Russia Conflict and Ensuing Economic
Disruptions Impact 2022 Growth Outlook
-- World Economic Growth Projections (Real GDP, Annual % Change) for 2020
through 2023
-- Global Beauty Industry Posts a Cautious Recovery from the Pandemic
Impact
-- Dermatology Practices Amidst the COVID-19 pandemic
-- Pandemic Influences Demand for Dermatology Products
-- Skin Care Products Witness Pockets of Growth
-- Key Skincare Trends for 2022 and Beyond
-- Competition
-- Medicated Skin Care Products - Global Key Competitors Percentage Market
Share in 2022 (E)
-- Competitive Market Presence - Strong/Active/Niche/Trivial for Players
Worldwide in 2022 (E)
-- Medicated Skin Care Products: An Introduction
-- Growing Prevalence of Skin Diseases and the Unmet Treatment Needs: A
Fundamental Growth Driver
-- Major Skin Diseases Driving the Need for Medicated Skincare Products
-- Recent Market Activity
-- WORLD BRANDS
MARKET TRENDS & DRIVERS
-- Medicated Skin Care Domain to Have Real Moment with Innovation Focus
-- Select Recently Launched Innovative Skin Care Brands
-- Trending Ingredients for Skin Care Products
-- Medical Skin Care Products Rank Better than Regular OTC Products
-- Growing Demand for Products with Visible Results to Push Growth
-- Rising Incidence of Skin Issues among Children Fuels Demand for
Medicated Skincare Products
-- Increasing Incidence of Skin Cancer Spurs Demand for Dermatological
Products
-- Global Cancer Incidence: Number of New Cancer Cases in Million for the
Years 2018, 2020, 2025, 2030, 2035 and 2040
-- Multiple Skin Changes During Cancer Treatment Offers Opportunities
-- Incidence of Different Types of Skin Cancer
-- Growing Prevalence of Psoriasis Widens the Demand
-- Rising Incidence of Eczema to Underpin Volume Growth
-- Increasing Focus on Wellness and Self-Care amidst Mounting Healthcare
Costs Drive Healthy Market Growth
-- Health & Wellness Boosts Demand for Dermocosmetics
-- Growth in the Global Cosmeceuticals Market Bodes Well for Market Growth
-- Global Cosmeceutical Market Size (in US$ Billion) for 2019, 2022 and
2025
-- Cosmeceuticals with Biologically Active Ingredients to Improve Skin
Functioning Begin to Find Favor
-- Rise in Young Population and Skin Conditions Such as Acne Drive Demand
for Medicated skin Care Products
-- Aging Population and their Vulnerability to Age-Related Skin Changes: A
Strong Growth Driver
-- Major Anti-Aging Ingredients of Cosmeceuticals
-- Global Aging Population Statistics for the 65+ Age Group in Million by
Geographic Region for the Years 2019, 2025, 2035 and 2050
-- Research-Backed Ingredients Hold Preference
-- Growing Prominence of Personalized Skin Care Prescriptions Benefit
Market Penetration
-- AI Skin Technology Opening New Opportunities for Ultra-Personalized
Skincare Shopping
-- Medicated Skin Care Advancements DriveGrowth
-- Nano Gold Products Emerge for Combating Aging
-- Consumer Interest in Natural Ingredients Drive Demand for Natural and
Organic Products
-- Demand for Natural Ingredients for Cosmetic Products Surges amid the
Pandemic
-- Surging Popularity of Multi-Functional Products Promote Market Expansion
-- Women: The Dominant Consumer Cluster for Skin Care Products
-- Participation of Women in Workforce & Subsequent Need to Maintain
Appearance to Fuel Mediated Skincare Product Sales: Women as % of Labor
Force by Region (2020)
-- Physiological Differences Entail Need for Male Specific Products
-- Gen Z Emerge as an Attractive Target
-- Focus Grows on Finding Alternatives to Hydroquinone for Pigment Control
-- Growing Prominence of Non-Invasive Skin Treatments Lends Traction to
Market Demand
-- Growing Online Availability of Medical-Grade Products and Concerns
-- Increasing Environmental Pollution Drive Demand for Anti-Pollution Skin
Care Products
FOCUS ON SELECT PLAYERS (Total 251 Featured)
-- Allergan Aesthetics
-- 3M Company
-- Bayer AG
-- Beiersdorf AG
-- AdvoCare International LP
-- ALBION co.,ltd.
-- 4life Trademarks, L.L.C.
-- Absolutely Natural
-- Amarte USA LLC
-- Abbe Laboratories, Inc.
-- Bee-Alive, Inc.
-- Bausch Health Companies Inc.
-- Advanced Dermatology and Cosmetic Surgery
-- Beauty Solutions, Limited
-- Brevena
For more information about this report visit https://www.researchandmarkets.com/r/djx8sw
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