The Dermocosmetics Market research report classifies the market trends relevant to the supply, requirement, and arrangement, at any rate, the new events. The report highlights huge drivers, restrictions, and positive chances to give a definite image of the market. The Dermocosmetics Market research report gives complete details about the profitable emerging markets and examines insights into the markets' developing section. Furthermore, the Dermocosmetics Market research report gives a complete evaluation of market shares, approaches, products, verification, regulatory approvals, copyright aspect, and manufacturing proficiency of the leading players.

Market Overview

The global Dermocosmetics market size was estimated at USD 64.45 billion in 2023 and is projected to reach USD 132.95 billion in 2030 at a CAGR of 10.90% during the forecast period 2023-2030.

Cosmetics and dermatology are two medical streams that have been combined to form dermo-cosmetics. All cosmetic products that can be applied to the skin or hair and help to solve specific skin problems such as dry skin, oily skin, skin conditions such as acne, pimples, spots, marks and others are called derma cosmetics. The need for cosmetics in skin care is mainly due to the growing awareness of its effectiveness, and technological developments in the field will significantly affect the demand for dermo cosmetic products in the coming years.

Consumers are becoming increasingly aware of their appearance, as it enhances their personality. To reduce aging, wrinkles, acne and fine lines, they spend more and more money on skin protection and whitening using various dermocosmetic products. Furthermore, the trend of shopping on e-commerce websites is anticipated to be vital for the performance of the skin care-dermacosmetics market during the forecast period due to the fast-paced lifestyle of the customers and the shift in shopping through the most convenient online channels.

Due to disruptions in import and export, supply chains, and raw material supplies brought on by the COVID-19 pandemic, the majority of manufacturing facilities had to close, delaying the production of numerous dermocosmetic goods. Due to dermocosmetics effectiveness in maintaining a healthy skincare routine during the pandemic, dermocosmetics witnessed a little boost in demand.

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Key Findings

·         The product segment is further fragmented into hair and scalp care and skin care. The hair and scalp care segment contributed the largest share of revenue, which is expected to maintain its dominant position during the forecast period. Thanks to its multi-purpose properties, shampoo is the most used hair and scalp care product around the world. In addition, growing concerns about hair loss is expected to drive this segment

·         The treatment segment is further bifurcated into skin and hair. The skin sub-segment is the largest market size. As people's awareness of skin treatments to improve the appearance of the skin has grown, skin treatments such as rejuvenation, laser treatments, chemical peels and dermal fillers have been introduced. The increasing use of such skin treatments in the dermocosmetic market will drive revenue growth in the sub-segment during the forecast period.

·         The Distribution Channel segment is further bifurcated into Pharmacy and Retail Stores, online. Most of the total turnover, was provided by the pharmacy and the pharmacy distribution channels segment. The segment is projected to maintain its dominant position during the forecast period due to high product sales through drugstores and pharmacies. Some of the top pharmacies and drugstores include CVS Health, Walgreens, Cigna/Express Scripts, UnitedHealth Group's OptumRx, Walgreens, McKesson, Phoenix, Priceline Pharmacies, DRUGStore Pharmacy, Familiprix, London Drugs, PharmaChoice, Pharmasave Drug Mart and Shoppers. The online segment is anticipated to grow at a significant CAGR during the forecast period.

·         The market is also divided into various regions such as North America, Europe, Asia-Pacific, South America, and Middle East and Africa. North America is estimated to account for the largest market share during the forecast period. In North America, consumers are more careful towards their hair and skin.

Regional Analysis

North America to Dominate the Market

North America is estimated to account for the largest market share during the forecast period. Growing consumer spending on personal care products and the increasing trend of premium cosmetic brands among celebrities in the region are some of the factors.

Competitive Landscape

·         Procter & Gamble

·         Allergan plc

·         Estee Lauder Companies Inc.

·         Bausch Health Companies Inc

·         Kanebo Cosmetics Inc

·         Revive

·         Galderma

·         Amorepacific Corporation

·         PCA Skin

·         L’Oréal Groupe

·         Unilever

·         Johnson & Johnson Services, Inc.

·         Shiseido Co., Limited

·         Amorepacific

·         Beiersdorf

·         Kanebo Cosmetics Inc.

·         Avon Products, Inc.

·         Lotus Herbals Pvt. Ltd.

·         VLCC Health Care Limited

·         Himalaya Global Holdings Ltd.

Recent Developments

·         In June 2021, Procter & Gamble launched a new skincare brand, GoodSkin MD, which includes six products including sunscreen, vitamin C and vitamin B serums, a night cream, a rescue cream, and a cleanser.

·         In July 2022, LYS Beauty launched a new shade called Excellence featuring a sheer, rich deep blackberry color. The product range consists of premium ingredients, such as saffron, chili, almonds, and rose.

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Reasons to Acquire

·         Increase your understanding of the market for identifying the most suitable strategies and decisions based on sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends, and factors.

·         Gain authentic and granular data access for the Dermocosmetics Market to understand the trends and the factors involved in changing market situations.

·         Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future.

·         In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns.

Table of Contents

The Dermocosmetics Market is segmented into various segments such as product, treatment, distribution channel, end-user and region:

Based on product

·         Skin Care

·         Hair Care

Based on the Treatment

·         Skin

·         Hair

Based on the End-user

·         Clinics

·         Medical Spas

·         Salons

·         Hospitals

·         At-Home

Based on Distribution Channel

·         Pharmacy and Retail Stores

·         Online

Based on region

Asia Pacific

·         Japan

·         China

·         India

·         Australia

·         South Korea

·         Vietnam

·         New Zealand

·         Philippines

·         Thailand

·         Malaysia

·         Hong Kong

·         Taiwan

·         Singapore

·         Indonesia

·         Sri Lanka

·         Rest of Asia-Pacific

North America

·         U.S.

·         Canada

·         Mexico

Europe

·         Germany

·         U.K.

·         France

·         Italy

·         Spain

·         Sweden

·         Austria

·         Finland

·         Belgium

·         Turkey

·         Russia

·         Poland

·         Hungary

·         Czech Republic

·         Switzerland

·         Netherlands

·         Rest of Europe

·         South America

·         Brazil

·         Argentina

·         Chile

·         Colombia

·         Rest of South America

Middle East & Africa

·         South Africa

·         U.A.E.

·         Saudi Arabia

·         Oman

·         Qatar

·         Iran

·         Egypt

·         Rest of Middle East and Africa

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