Dermocosmetics Skincare Products (Industry) Market Size Worth $130.46 Billion by 2030

The global dermocosmetics market size was valued at $51.10 billion in 2021, and is projected to reach $130.46 billion by 2030, growing at a CAGR of 11.1% from 2022 to 2030. Dermocosmetics is a combination of two medical branches i.e., cosmetics and dermatology. Dermocosmetics aids all beauty concerns such as oily skin, dry skin, skin conditions like pimples, acne, marks, blemishes, and others. Evolving role of cosmetics in skin care is primarily due to scientific and technological advancements that have changed our understanding of normal skin physiology and how cosmetics modify the appearance of the skin.

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Dermacosmetics not only provide beautiful skin but also correct the texture and the health of the skin. Dermacosmetics have broad range of products as solutions for different skin issues such as fine lines, wrinkles, acne prone skin, dark spots, skin lightning, anti-ageing, and more. Anti-ageing serums, gel cleansers, exfoliators, pore refiners, and skin hydrating masks are few examples of demacosmetics products. People now a days are very conscious about their skin as it is the essential part of our body. People tend to take extra care of their body and skin to make it look beautiful as well as healthy. Increasing pollution is causing many skin related diseases and these diseases can be cured with the help of these dermacosmetics. Dermacosmetics give long term results and provide flawless skin. People are largely influenced by these products due to their properties and results. Many doctors, spas, and beauticians are suggesting these products as a solution for skin related issues. These factors are propelling the dermacosmetics market demand in the forecasting period.

Unhealthy lifestyle and lack of nutrition in body are causing fast ageing in the young generation. Fast food contains many preservatives, chemicals, high amount of salt, sugars, and unhealthy fats causing obesity, high blood pressure, and even skin diseases. Lack of nutrition in food is the main cause for hair fall, grey hair, ageing, wrinkles, and more. Increasing exposure to the pollution is causing harmful skin diseases in people around the globe. Dermacosmetics are providing solution to these problems. Demand for hair and skin treatments is boosting daily. According to WHO (World Health Organization), 900 million people have skin & hair diseases. Advancement in the technology and new discoveries have created wide range of products as a solution for skin diseases which will create opportunities in market.

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Based on product, the skin care segment held the largest market share in 2021, holding more than three-fifths of the global market, and is expected to maintain its leadership status during the forecast period. The haircare segment, on the other hand, is expected to cite the fastest CAGR of 11.4% during the forecast period.

Based on treatment, the skin segment held the dominating market share in 2021, holding more than three-fifths of the global market, and is expected to maintain its leadership status during the forecast period. The hair segment, on the other hand, is expected to cite the fastest CAGR of 11.5% during the forecast period.

Based on distribution channel, the pharmacy and retail stores segment held the largest market share in 2021, holding nearly three-fourths of the global market, and is expected to maintain its leadership status during the forecast period. The online segment, on the other hand, is expected to cite the fastest CAGR of 13.5% during the forecast period.

Based on end-user, the clinics, medical spas, and salons segment held the dominating market share in 2021, holding nearly three-fifths of the global market, and is expected to maintain its leadership status during the forecast period. The hospital segment, on the other hand, is expected to cite the fastest CAGR of 11.6% during the forecast period.

Based on region, the market across Asia-Pacific region held the largest market share in 2021, garnering nearly two-fifths of the global market, and is expected to maintain its leadership status during the forecast period. In addition, the same region is expected to cite the fastest CAGR of 12.2% during the forecast period. The report also analyses other regions such as North America, Europe and LAMEA.

The key players analysed in the global dermocosmetics market report include AbbVie, L'Oréal, Beiersdorf, Kanebo Cosmetics Inc., Estée Lauder Companies, Johnson & Johnson, Bausch Health Companies Inc., GALDERMA, Procter & , Shiseido Company, and ZO Skin Health Inc.

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