Dermocosmetics Market research report employs a number of steps for collecting, recording, analysing and interpreting market data to make this report all-inclusive. The data and information concerning the consumer goods & services are derived from consistent sources such as websites, annual reports of the companies, journals, and others and were checked and validated by the market experts. This market report makes available statistics on the current state of the industry as a valuable source of guidance and direction for companies and investors interested in this market. Dermocosmetics market research report also endows with the list of the leading competitors and their moves such as joint ventures, acquisitions, and mergers etc.
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.
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Cosmetics and dermatology are two medical streams that have been combined to form dermocosmetics. 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 dermacosmetics. 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 dermacosmetic 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.
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.
· 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 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.
The market is also divided into various regions such as
· North America,
· Europe,
· Asia-Pacific,
· South America, and
· Middle East and Africa.
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Competitive Profiles of Dermocosmetics Market:
· 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.
Competitive Analysis:
• Global Players Revenue Ranking
• Revenue by Company
• Global Players Sales Volume Ranking
• Sales Volume by Company Players
• Average Price by Company
• Manufacturing Base Distribution and Headquarters
• Product Offered
• Mergers & Acquisitions, Expansion
Major highlights from Table of Contents:
• It includes major manufacturers, emerging player's growth story, and major business segments of keyword Market Opportunities & Growth Trend to 2030 market, years considered, and research objectives. Additionally, segmentation on the basis of the type of product, application, and technology.
• Opportunities & Growth Trend to 2030 Market Executive Summary: It gives a summary of overall studies, growth rate, available market, competitive landscape, market drivers, trends, and issues, and macroscopic indicators.
• Production by Regional Market Profile of Manufacturers-players are studied on the basis of SWOT, their products, production, value, financials, and other vital factors.
Market Report Answers the Following Questions:
• At what growth rate will the market be projected to grow during the forecast period to 2030?
• What will be the market value in the future?
• What are the key opportunities of the market?
• Who are the major players operating in the market?
• How feasible is Market for long-term investment?
• What are the market's opportunities, risks, and general structure?
• What does a business area's assessment of agreements, income, and value implicate?
In addition to the market data for the Dermocosmetics Market, Delvens offers client-centric reports customized according to the company’s specific demand and requirements.
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