Press release
The Global Dermatological Products Market Is Forecast To Reach USD 26,400 Million By 2032
The global dermatological products market accounts for ~12% of the global skin care products market in 2022. The global dermatological products market is estimated to have an absolute $ opportunity of USD 10,900 Million during the assessment period of 2022-2032.The demand for dermatological products to treat skin conditions, prevent certain skin disorders, and even to maintain one's skin is expected to grow at an exciting growth rate in coming years.
Inflammatory skin diseases such as acne, dermatitis, psoriasis etc. are treated with the help of biologic agents or protein-based drugs. Thus, the sales for dermatological products combining prescription products and OTC is expected to increase by 2/5th of current value in recent years.
The market demand for dermatological products is rising amongst women owing to the increasing prevalence of skin diseases like rosacea, acne, skin cancer etc. in women in recent years. Thus, over-the-counter dermatological products are expected to boost the market sales by 1.2X.
๐๐น๐ถ๐ฐ๐ธ ๐๐ฒ๐ฟ๐ฒ ๐ง๐ผ ๐ด๐ฒ๐ ๐ฎ ๐ฆ๐ฎ๐บ๐ฝ๐น๐ฒ ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐ (๐๐ป๐ฐ๐น๐๐ฑ๐ถ๐ป๐ด ๐๐๐น๐น ๐ง๐ข๐, ๐ง๐ฎ๐ฏ๐น๐ฒ & ๐๐ถ๐ด๐๐ฟ๐ฒ๐):https://www.factmr.com/connectus/sample?flag=S&rep_id=2363
๐๐๐ฐ๐ฎ๐น๐ฎ๐๐ถ๐ป๐ด ๐ฆ๐ธ๐ถ๐ป ๐ฃ๐ฟ๐ผ๐ฏ๐น๐ฒ๐บ๐ ๐ฎ๐บ๐ผ๐ป๐ด๐๐ ๐๐ต๐ถ๐น๐ฑ๐ฟ๐ฒ๐ป ๐๐ฟ๐ถ๐๐ถ๐ป๐ด ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐๐ฒ๐บ๐ฎ๐ป๐ฑ
Escalated prevalence of skin conditions such as diaper dermatitis, skin rashes, atopic dermatitis, warts, acne etc. in children constitute a major health problem amongst them. Approximately 24% of children are affected by atopic dermatitis as compared to just 3-4% of adults, according to the American Academy of Dermatology.
Moreover, diaper rash is the most common problem among babies. Rise in bacteria, fungi and viruses is giving rise to eczema among children. Manufacturers in dermatological products market are offering moisturizers to treat eczema and other over-the-counter medications to treat most of the skin problems in children. This is expected to boost sales of dermatological products by nearly 2.1X during the assessment period of 2022-2032.
๐ช๐ต๐ฎ๐ ๐ถ๐ ๐๐ต๐ฒ ๐บ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐๐ฐ๐ฒ๐ป๐ฎ๐ฟ๐ถ๐ผ ๐ถ๐ป ๐ก๐ผ๐ฟ๐๐ต ๐๐บ๐ฒ๐ฟ๐ถ๐ฐ๐ฎ๐ป ๐๐ฒ๐ฟ๐บ๐ฎ๐๐ผ๐น๐ผ๐ด๐ถ๐ฐ๐ฎ๐น ๐ฃ๐ฟ๐ผ๐ฑ๐๐ฐ๐๐ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐?
North America dermatological products market is expected to witness significant growth in coming years. North America currently holds 23.7% of overall market share, and growing number of skin diseases across all age groups in United States and Canada are poised to create profitable opportunities for manufactures in the region.
In United States, every year more than 50 million people suffer from acne, and approximately 7.5 million people suffer from psoriasis, according to the American Academy of Dermatology.
Additionally, in Canada cancer cases are escalating at rapid level. This is attributed to UV exposure resulting in growing risks of melanoma, the fastest rising cancer. Therefore, consumers are increasingly adopting premium skin care dermatological products such as facial masks, oils, and serums etc. containing natural ingredients. This is expected to boost market growth by 18.7% during the forecast years of 2022-2032.
๐๐ฎ๐๐ฒ๐ด๐ผ๐ฟ๐-๐๐ถ๐๐ฒ ๐๐ป๐๐ถ๐ด๐ต๐๐
๐ช๐ต๐ฎ๐ ๐ฝ๐ฟ๐ผ๐ฑ๐๐ฐ๐ ๐๐๐ฝ๐ฒ ๐ถ๐ ๐ฒ๐ ๐ฝ๐ฒ๐ฐ๐๐ฒ๐ฑ ๐๐ผ ๐๐ต๐ผ๐ ๐บ๐ผ๐ฟ๐ฒ ๐ฑ๐ฒ๐บ๐ฎ๐ป๐ฑ ๐ถ๐ป ๐๐ฒ๐ฟ๐บ๐ฎ๐๐ผ๐น๐ผ๐ด๐ถ๐ฐ๐ฎ๐น ๐ฃ๐ฟ๐ผ๐ฑ๐๐ฐ๐๐ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐ถ๐ป ๐ฐ๐ผ๐บ๐ถ๐ป๐ด ๐๐ฒ๐ฎ๐ฟ๐?
Acne treatment products under product type holds major market share of 28.7%. Escalating cases of acne globally, coupled with innovation in treatment is expected to boost demand for acne treatment products. Better understanding of acne pathology along with enhanced research activities is bound to result in new and safe acne treatment products manufactured by makers. Meanwhile, owing to rise in accidents and surgeries, demand for scar and stretch mark products is likely to provide a gain of 136 BPS in dermatological products market.
๐ช๐ต๐ถ๐ฐ๐ต ๐ฐ๐ผ๐ป๐๐๐บ๐ฒ๐ฟ ๐ผ๐ฟ๐ถ๐ฒ๐ป๐๐ฎ๐๐ถ๐ผ๐ป ๐ฝ๐ฟ๐ผ๐บ๐ถ๐๐ฒ๐ ๐บ๐ผ๐ฟ๐ฒ ๐ด๐ฟ๐ผ๐๐๐ต ๐ถ๐ป ๐๐ฒ๐ฟ๐บ๐ฎ๐๐ผ๐น๐ผ๐ด๐ถ๐ฐ๐ฎ๐น ๐ฃ๐ฟ๐ผ๐ฑ๐๐ฐ๐๐ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐?
Female dermatological products account for major market share i.e. 37.8% of overall market. Factors such as rise in consciousness among pregnant women on developing stretch marks is boosting market. Acne cases are increasing among women. For instance, according to American Academy of Dermatology, acne affects more than 15% of women in United States. This is likely to boost current demand by 1/4th in coming years, for multiple stretch mark products like oil and cream in the dermatological products market globally.
๐๐ฒ๐ ๐๐๐๐๐ผ๐บ๐ถ๐๐ฎ๐๐ถ๐ผ๐ป ๐ผ๐ป ๐๐ต๐ถ๐ ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐ ๐ณ๐ผ๐ฟ ๐ฆ๐ฝ๐ฒ๐ฐ๐ถ๐ณ๐ถ๐ฐ ๐๐ผ๐๐ป๐๐ฟ๐ -https://www.factmr.com/connectus/sample?flag=RC&rep_id=2363
๐๐ผ๐บ๐ฝ๐ฒ๐๐ถ๐๐ถ๐๐ฒ ๐๐ฎ๐ป๐ฑ๐๐ฐ๐ฎ๐ฝ๐ฒ: ๐ง๐ผ๐ฝ ๐๐ผ๐บ๐ฝ๐ฎ๐ป๐ถ๐ฒ๐ ๐ถ๐ป ๐๐ฒ๐ฟ๐บ๐ฎ๐๐ผ๐น๐ผ๐ด๐ถ๐ฐ๐ฎ๐น ๐ฃ๐ฟ๐ผ๐ฑ๐๐ฐ๐๐ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐
The global dermatological products market is highly fragmented and competitive owing to the existence of many domestic and regional players. Various marketing strategies are adopted by key players such as mergers and acquisitions, expansions, collaborations and partnerships.
Also, new product development as a strategic approach is adopted by the leading companies to upscale their market presence among consumers. These strategies have resulted in the incorporation of advanced dermatological products.
Fact.MR has provided detailed information about price points of top manufacturers of dermatological products positioned across regions, sales growth, production capacity, and speculative technological expansion in the recently published report.
For instance: Johnson & Johnson Inc. announced in 2022, that Avicanna Inc., the first company is going to be a part of Johnson & Johnson incubator JLABS, which is readying for pharmaceutical distribution. JLABS, provides a favorable flexible environment for company's startup nature, pursuing research and launching new technologies to advance medical care.
๐๐ฒ๐ ๐๐ผ๐บ๐ฝ๐ฎ๐ป๐ถ๐ฒ๐ ๐ฃ๐ฟ๐ผ๐ณ๐ถ๐น๐ฒ๐ฑ:
โข Ikeda Mohando Co. Ltd.
โข Johnson & Johnson Consumer Ltd.
โข Taisho Pharmaceutical
โข Bayer AG
โข GlaxoSmithKline Plc
โข Merck & Co. Inc.
โข Perrigo Company Plc
โข Emami Ltd.
โข Reckitt Benckiser Group Plc
โข Pierre Fabre SA
๐๐น๐ผ๐ฏ๐ฎ๐น ๐๐ฒ๐ฟ๐บ๐ฎ๐๐ผ๐น๐ผ๐ด๐ถ๐ฐ๐ฎ๐น ๐ฃ๐ฟ๐ผ๐ฑ๐๐ฐ๐๐ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐ฏ๐ ๐๐ฎ๐๐ฒ๐ด๐ผ๐ฟ๐
By Product Type :
โข Cleansers
โข Acne Treatment Products
โข Skin Moisturizer
โข Sunscreen Products
โข Scar & Stretch Mark Products
By Form :
โข Ointment/Cream/Gel
โข Stick
โข Wipes
โข Oil
โข Powder
By Consumer Orientation :
โข Female Dermatological Products
โข Male Dermatological Products
โข Kids Dermatological Products
By Sales Channel :
โข Online Sales
โข Offline Sales
โข Modern Trade
โข Specialty Stores
โข Mono-Brand Stores/Independent/Franchised Stores
โข Drug Stores
By Region :
โข North America
โข Latin America
โข Europe
โข East Asia
โข South Asia
โข Oceania
โข MEA
๐๐ป๐๐ฒ๐ฟ๐ฒ๐๐๐ฒ๐ฑ ๐๐ผ ๐ฃ๐ฟ๐ผ๐ฐ๐๐ฟ๐ฒ ๐ง๐ต๐ฒ ๐๐ฎ๐๐ฎ? ๐๐ป๐พ๐๐ถ๐ฟ๐ฒ ๐ต๐ฒ๐ฟ๐ฒ ๐ฎ๐ -https://www.factmr.com/checkout/2363
๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐ ๐ฆ๐๐บ๐บ๐ฎ๐ฟ๐
The study offers comprehensive analysis on diverse features, includingprice point analysis at each product and brand level, consumer survey analysis, social media sentiment analysis,product benchmarkingand revenue generation from dermatological products across the globe.
A comprehensive estimate on the market has been provided, taking into account the revenue of dermatological products companies during the forecast period.
๐๐ผ๐ฟ ๐ ๐ผ๐ฟ๐ฒ ๐๐ป๐๐ถ๐ด๐ต๐๐:
https://www.prnewswire.com/news-releases/inclination-towards-bio-fertilizers-for-sustainable-agriculture-to-steer-humus-concentrate-market-past-us-6-67-billion-by-2032--301592966.html
https://www.prnewswire.com/news-releases/rapid-adoption-of-emergency-notifications-systems-in-varied-industries-such-as-medical-energy-and-increased-installation-of-ip-based-notification-devices-is-expected-to-provide-an-opportunity-of-us--85-7-billion-by-2032-factmr-301593040.html
https://www.prnewswire.com/news-releases/drug-development-for-chronic-diseases-to-push-lyophilization-sales-past-us-2-3-billion-by-2032--301593282.html
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