Dermocosmetics Market Latest Trends, Key Players, Opportunities 2022-28

The global dermocosmetics market size was valued at USD 54,762.8 million in 2021 and is expected to grow at a significant CAGR of 12.8% during the forecast period 2022 to 2028. A cosmetic that has been specially created for use on the skin is referred to as a dermo-cosmetic product. Everything from acne medications to anti-aging lotions can be found in these goods. The main advantage of utilizing dermo-cosmetic products is that they are frequently more successful at addressing skin issues than conventional cosmetics. Additionally, many dermo-cosmetic products include components that are good for the skin, such as peptides and antioxidants. The market is being driven by several forces, which are producing profitable chances. Due to pollution and UV radiation exposure, which can result in sunburns, the prevalence of skin illnesses such as photoaging is increasing. A key contributing factor is decreased skin flexibility. The interest is also anticipated to increase over the course of the forecast years due to the growing youth population and their growing awareness of the benefits of dermo-cosmetic products.

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Dermocosmetics Market Growth Factors:
Because it boosts their individuality, consumers are becoming more self-conscious about their appearance. They are progressively choosing to spend more money on protecting and whitening their skin by utilizing various dermocosmetic treatments in order to decrease the effects of age, wrinkles, acne, and fine lines. Additionally, due to customers' busy lifestyles and the adoption of the most convenient ways to buy through online channels, the trend towards purchasing on e-commerce websites is anticipated to be crucial for the performance of the skincare dermacosmetics market throughout the projection period. Chemical elements found in cosmetic goods can harm the skin in a number of different ways. Manufacturing companies have introduced new products with all-natural ingredients and appealing packaging in order to increase sales of their cosmetics products.

The global dermocosmetics market segmentation:
1) By Product: Hair Care Products, Skin Care Products, Eye care products.
2) Distribution Channel: Retail Pharmacy, Hospital Pharmacy, Online Sales.

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Dermocosmetics Market Regional Analysis:
The COVID-19 crisis has had a significant negative impact on many EU nations and has caused a reduction in economic activity. Dermocosmetics demand is still being driven by defense spending in the EU, as it is in the US and Canada. This is due to the rising prevalence of skin conditions and the large range of skincare products that are readily available. The large regional player presence, soaring dermo-cosmetics awareness, rising disposable income, dynamic lifestyle patterns, and improved economic conditions are the main drivers of market growth in this region.

Major players working in the dermocosmetics market are L'Oreal S.A., Procter & Gamble Co., Johnson & Johnson, Glo Skin Beauty Bioelements, Jan Marini Skin Research Inc., Unilever plc., ZO Skin Health Inc.

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