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Anti-acne Cosmetics Market market is expected to grow at a CAGR of 10.2% during the forecasted period | Evolve Business Intelligence

11-22-2023 02:36 PM CET | Health & Medicine

Press release from: Evolve Business Intelligence

Anti-acne Cosmetics Market market is expected to grow at a CAGR

As per the study initiated by Evolve Business Intelligence, the global Anti-acne Cosmetics Market size accounted for USD 8.2 Billion in 2023, growing at a CAGR of 10.2% from 2023 to 2033. Anti-acne cosmetics refer to skincare and beauty products specifically designed to prevent, treat, or reduce acne and related skin issues. These products typically contain ingredients that target acne-causing bacteria, regulate oil production, and promote skin exfoliation to unclog pores. Anti-acne cosmetics can include cleansers, toners, moisturizers, masks, spot treatments, and other formulations.

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Acne is a common skin condition that affects a significant portion of the population, especially adolescents and young adults. The widespread occurrence of acne contributes to the demand for effective skincare products. Growing awareness about skincare and beauty standards has led to an increased emphasis on maintaining clear and healthy skin. Consumers are more informed about skincare routines and the use of specialized products, including anti-acne cosmetics. As disposable income levels rise globally, consumers are more willing to spend on personal care and cosmetic products. The beauty and skincare industry, including anti-acne cosmetics, benefits from this trend as consumers seek effective solutions for their skincare concerns.

Key Players
Some of the major Anti-acne Cosmetics Market players holding high market shares include L'Oréal Paris; MURAD LLC (UNILEVER); NEUTROGENA (Johnson & Johnson Services, Inc.); Clinique Laboratories, LLC (ESTEE LAUDER); Vichy Laboratories; PCA Skin. These players use partnership and collaboration as a key strategy to gain significant market share to compete with market leaders. Some of the other major market players include Obaji; Skin Medica; Skin Better Science; Colorescience; Sente; Jan Marini Skin Research; Revision Skincare; The BeautyHealth Company; Glow Biotics LLC; Perricone MD

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Segmental Analysis
Based on product type, the Anti-acne Cosmetics market is segmented into masks, Creams and lotions, Cleansers and toners, and Others. Creams and lotions are the largest segment of the anti-acne cosmetics market. This is due to their high demand among both men and women, as they provide moisturizing and protective benefits for the skin. Many creams and lotions are also formulated with anti-acne ingredients, such as salicylic acid or benzoyl peroxide, which help to clear blemishes and prevent future breakouts.
Based on gender, the Anti-acne Cosmetics market is Women and men. Women accounted for the largest and are expected to continue to be the dominant segment in the coming years. This is due to their increased awareness of skincare issues and their greater willingness to invest in products that can improve their appearance. Women are also more likely to experience acne, especially during their teenage years and early twenties.

Based on End Use, the Anti-acne Cosmetics market is Dermatology Clinics, MedSpa. Medspas accounted for the largest share of the anti-acne cosmetics market. This is because medspa treatments are typically more expensive than over-the-counter products and can provide more effective results. Medspas also offers a wider range of anti-acne treatments, including laser therapy and chemical peels.

Key Region/ Countries Covered
• North America (US, Canada, Mexico)
• Europe (Germany, U.K., France, Italy, Spain, Russia, Nordic Countries, BeNeLux, Rest of Europe)
• Asia-Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Rest of Asia Pacific)
• Middle East and Africa (Saudi Arabia, UAE, Egypt, South Africa, Rest of MEA)
• Latin America (Mexico, Brazil, Argentina, Rest of Latin America)

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About EvolveBI
Evolve Business Intelligence is a market research, business intelligence, and advisory firm providing innovative solutions to challenging pain points of a business. Our market research reports include data useful to micro, small, medium, and large-scale enterprises. We provide solutions ranging from mere data collection to business advisory.
Evolve Business Intelligence is built on account of technology advancement providing highly accurate data through our in-house AI-modelled data analysis and forecast tool - EvolveBI. This tool tracks real-time data including, quarter performance, annual performance, and recent developments from Fortune's global 2000 companies.

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