The global Anti-acne Cosmetics market size is expected to be worth around US$ 10.90 billion by 2030, according to a new report by Vision Research Reports.
The global Anti-acne Cosmetics market size was valued at US$ 5.47 billion in 2020 and is anticipated to grow at a CAGR of 10.1% during forecast period 2021 to 2030.
|Market Size||US$ 10.90 billion by 2030|
|Growth Rate||CAGR of 10.1% From 2021 to 2030
|Forecast Period||2021 to 2030|
|Segments Covered||Product type, Gender, End use|
|Regional Scope||North America, Europe, Asia Pacific, Latin America, Middle East & Africa|
|Companies Mentioned||PCA; Obaji; PHYTOMER; Skin Medica; Skin Better Science; Colorescience; Sente; Jan Marini Skin Research; Revision Skincare; The BeautyHealth Company; Glow Biotics; Perricone MD|
The high psychological burden associated with acne, especially among women, is expected to be the key growth-driving factor for the market. Moreover, the easy availability of various products to treat acne is anticipated to support the market growth. According to the American Academy of Dermatology, it is one of the common skin disorders in the U.S., affecting approximately 50 million individuals every year, with nearly 85% of individuals between the age group of 12 and 24 years having minor acne. Thus, a high prevalence of this skin disorder is also anticipated to fuel the product demand, thereby augmenting the market growth.
According to a study conducted by SkinStore, an average American woman uses nearly 16 skincare products per day and spends approximately USD 8 each day on facial cosmetics products. Such beauty regimes are also anticipated to propel market growth.
By Product Type Analysis
On the basis of product, the market is divided into masks, creams & lotions, cleansers & toners, and others. The creams & lotions segment accounted for the maximum share of more than 40% in 2020 owing to the high demand by both men and women.
The others segment include products, such as face washes, gels, serums, and essential oils. The others segment is anticipated to grow at the fastest CAGR during the forecast period due to the compatibility of these products with various skin types and better skin absorption of these products.
By Gender Analysis
The women segment dominated the market in 2020 with a share of over 52%. The segment is expected to expand further at the fastest CAGR over the forecast period.
According to a survey, 62.2% of pre-menopausal women reported worsening of acne during the menstrual cycle. The men segment held a substantial share in 2020.
By End-use Analysis
The Medspa segment accounted for the highest revenue share of more than 62.5% in 2020. The segment is also anticipated to register the fastest CAGR over the forecast period.
The millennial population is the largest target demographic for medical-grade skincare brands. According to the American Spa Association, the revenue of the Medspa industry in the U.S has witnessed a double-digit growth since 2010, and the majority of the Medspa patients were between the ages of 35-54 years.
The number of dermatology clinics is also on the rise globally due to the increasing incidences of skin cancer and lifestyle-related skin conditions, such as acne, atopic dermatitis, and hyperpigmentation.
By Regional Analysis
Asia Pacific dominated the market in 2020 with a revenue share of more than 39% and is estimated to witness lucrative growth over the forecast period. Asia Pacific is the largest potential export market for U.S.-based products owing to over 3 billion potential consumers of anti-acne cosmetic products.
Australia, Japan, and South Korea, are some of the largest consumers of well-established U.S.-based products. In addition, Vietnam, Malaysia, and Indonesia are a few other regions expected to witness the demand for these products in the forecast period.
Skin Better Science
Jan Marini Skin Research
The BeautyHealth Company
By Product Type
Creams & Lotions
Cleansers & Toners
Middle East & Africa
The Anti-acne Cosmetics market research report covers definition, classification, product classification, product application, development trend, product technology, competitive landscape, industrial chain structure, industry overview, national policy and planning analysis of the industry, the latest dynamic analysis, etc., and also includes major. The study includes drivers and restraints of the global market. It covers the impact of these drivers and restraints on the demand during the forecast period. The report also highlights opportunities in the market at the global level.
The report provides size (in terms of volume and value) of Anti-acne Cosmetics market for the base year 2020 and the forecast between 2021 and 2030. Market numbers have been estimated based on form and application. Market size and forecast for each application segment have been provided for the global and regional market.
This report focuses on the global Anti-acne Cosmetics market status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Anti-acne Cosmetics market development in United States, Europe and China.
It is pertinent to consider that in a volatile global economy, we haven’t just conducted Anti-acne Cosmetics market forecasts in terms of CAGR, but also studied the market based on key parameters, including Year-on-Year (Y-o-Y) growth, to comprehend the certainty of the market and to find and present the lucrative opportunities in market.
In terms of production side, this report researches the Anti-acne Cosmetics capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and type.
In terms of consumption side, this report focuses on the consumption of Anti-acne Cosmetics by regions (countries) and application.
Buyers of the report will have access to verified market figures, including global market size in terms of revenue and volume. As part of production analysis, the authors of the report have provided reliable estimations and calculations for global revenue and volume by Type segment of the global Anti-acne Cosmetics market. These figures have been provided in terms of both revenue and volume for the period 2017 to 2030. Additionally, the report provides accurate figures for production by region in terms of revenue as well as volume for the same period. The report also includes production capacity statistics for the same period.
With regard to production bases and technologies, the research in this report covers the production time, base distribution, technical parameters, research and development trends, technology sources, and sources of raw materials of major Anti-acne Cosmetics market companies.
Regarding the analysis of the industry chain, the research of this report covers the raw materials and equipment of Anti-acne Cosmetics market upstream, downstream customers, marketing channels, industry development trends and investment strategy recommendations. The more specific analysis also includes the main application areas of market and consumption, major regions and Consumption, major Chinese producers, distributors, raw material suppliers, equipment providers and their contact information, industry chain relationship analysis.
The research in this report also includes product parameters, production process, cost structure, and data information classified by region, technology and application. Finally, the paper model new project SWOT analysis and investment feasibility study of the case model.
Overall, this is an in-depth research report specifically for the Anti-acne Cosmetics industry. The research center uses an objective and fair way to conduct an in-depth analysis of the development trend of the industry, providing support and evidence for customer competition analysis, development planning, and investment decision-making. In the course of operation, the project has received support and assistance from technicians and marketing personnel in various links of the industry chain.
Anti-acne Cosmetics market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to Anti-acne Cosmetics market.
Prominent players in the market are predicted to face tough competition from the new entrants. However, some of the key players are targeting to acquire the startup companies in order to maintain their dominance in the global market. For a detailed analysis of key companies, their strengths, weaknesses, threats, and opportunities are measured in the report by using industry-standard tools such as the SWOT analysis. Regional coverage of key companies is covered in the report to measure their dominance. Key manufacturers of Anti-acne Cosmetics market are focusing on introducing new products to meet the needs of the patrons. The feasibility of new products is also measured by using industry-standard tools.
Key companies are increasing their investments in research and development activities for the discovery of new products. There has also been a rise in the government funding for the introduction of new Anti-acne Cosmetics market. These factors have benefited the growth of the global market for Anti-acne Cosmetics. Going forward, key companies are predicted to benefit from the new product launches and the adoption of technological advancements. Technical advancements have benefited many industries and the global industry is not an exception.
New product launches and the expansion of already existing business are predicted to benefit the key players in maintaining their dominance in the global market for Anti-acne Cosmetics. The global market is segmented on the basis of region, application, en-users and product type. Based on region, the market is divided into North America, Europe, Asia-Pacific, Latin America and Middle East and Africa (MEA).
In this study, the years considered to estimate the market size of Anti-acne Cosmetics are as follows:
Reasons to Purchase this Report:
- Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
- Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
- Market value USD Million and volume Units Million data for each segment and sub-segment
- Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
- Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
In-depth interviews and discussions were conducted with several key market participants and opinion leaders to compile the research report.
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.
The study objectives of this report are:
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