Press release
Global Trends in Anti-acne Cosmetics Market will Surpass USD 4.56 Billion By 2028, at 9.1% CAGR: Polaris Market Research
According to the research report, the global anti-acne cosmetics market was valued at USD 2.3 billion in 2020 and is expected to reach USD 4.56 Billion By 2028, growing at a CAGR of 9.1% during the forecast period.The major driving force behind the growth of anti-acne cosmetic products is the increased use of cosmetic products by men, the emergence of organic cosmetics, and increased urbanization in many developing countries across the globe. Few decades only, women were using anti-acne cosmetic products; however, men are increasingly using cosmetics in recent years.
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(The sample of this report is readily available on request. The report sample contains a brief introduction to the research report, a Table of Contents, a Graphical introduction of regional analysis, Top players in the market with their revenue analysis, and our research methodology.)
Top Market Players Are:
Some of the major players operating in the market for anti-acne cosmetics include Clinique, Neutrogena, Murad, LaRochPosay, Kose, Mentholatum, Proactiv, L'Oréal, Ancalima Lifesciences Ltd., Galderma SA, Johnson & Johnson, Doctor Li, and Vichy.
Several well-known skincare brands are launching anti-acne cosmetic products specifically for men. Previously, most products were chemical-based cosmetics, but in recent years, organic cosmetics were introduced in the industry due to fewer side effects associated with them.
According to the clinical data published by Dermatology Times, in April 2021, tazarotene 0.045 % lotion was effective for treating facial acne. The trial was conducted on 1,612 patients by ortho dermatologists, and the lotion improves the quality of life in both moderate and severely affected acne patients.
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Creams & lotions dominated the market in 2020, as they're the first line of treatment for all forms of acne and offer surface moisturization. Increased demand for these products, as it provides protection from bacteria and skin diseases such as psoriasis, will further help maintain significant market share during the forecast timeframe.
COVID-19 pandemic is expected to play a less significant role in the growth of the global market. Most of the anti-acne products are used in-home care treatment, which requires no medical advice, and hence even during the pandemic, the consumer base for the products is seeing an upward growth.
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Many companies are entering into a collaboration to develop new innovative products. GlaxoSmithKline entered into USD 224 million partnership with Eligo in January 2021 to develop a treatment known as Eligobiotics that will target bacteria that causes acne. Key companies are also expanding their business to maintain a competitive edge.
In August 2020, Cassiopea SpA in Italy had developed an acne treatment Winlevi (clascoterone cream 1 percent) that has been approved by the U.S. Food and Drug Administration (FDA). Winlevi is the first of its kind acne treatment with a novel mode of action to receive FDA approval in the U.S. In April 2021, Teva Pharmaceuticals announced the U.S. launch of Absorica capsules to treat severe recalcitrant nodular acne in patients aged 12 and above.
Polaris Market Research has segmented the anti-acne cosmetics market report on the basis of product, end-use, and region:
Anti-acne Cosmetics, Product Type (Revenue - USD Million, 2016 - 2028)
Mask
Creams & Lotions
Cleaners & Toners
Others
Anti-acne Cosmetics, End-Use Outlook (Revenue - USD Million, 2016 - 2028)
Women
Men
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Polaris Market Research is a worldwide market research and consulting organization. We give unmatched nature of offering to our customers present all around the globe across industry verticals. Polaris Market Research has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings. We at Polaris are obliged to serve our different client base present over the enterprises of medicinal services, healthcare, innovation, next-gen technologies, semiconductors, chemicals, automotive, and aerospace & defense, among different ventures, present globally.
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