Dublin, Sept. 27, 2023 (GLOBE NEWSWIRE) -- The "Medicated Skin Care Products - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
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/w3vg8r
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