Press release
Skin Barrier Market Report 2024: Strategies And Recent Developments |3M Corporation, Medline Industries LP, Stryker Inc., Essity AB, Sonoma Pharmaceuticals Inc., B Braun Melsungen AG
Skin Barrier Market Characteristics
The Business Research Company offers in-depth market insights through Skin Barrier Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.
Market Size And Growth Forecast:
The skin barrier market size has grown steadily in recent years. It will grow from $1.07 billion in 2023 to $1.12 billion in 2024 at a compound annual growth rate (CAGR) of 4.8%. The growth in the historic period can be attributed to rising incidence of skin disorders, growing aging population, increased awareness of skin health, changing lifestyle patterns, clinical recommendations and dermatologist endorsements, preference for non-invasive skincare solutions..
The skin barrier market size is expected to see steady growth in the next few years. It will grow to $1.29 billion in 2028 at a compound annual growth rate (CAGR) of 3.7%. The growth in the forecast period can be attributed to continued increase in skin disorders, focus on natural and sustainable skincare, globalization of skincare trends, evolving consumer preferences, health and wellness influences.. Major trends in the forecast period include development of advanced microbiome-friendly formulations, customized barrier repair solutions, incorporation of probiotics and prebiotics, technological innovations in application methods..
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Market Segmentation:
The main types of skin barrier products are skin barrier sprays, moisture barrier creams, protective ointments, and others. Skin barrier sprays refer to topical products designed to create a protective layer on the skin's surface. These are available in convex and flat shapes and are used to indicate various diseases, including incontinence and ostomy, chronic wounds, pressure ulcers, skin rashes and dry skin, and atopic dermatitis. These are sold through several distribution channels, such as institutional sales and retail sales.
Major Driver - Growing Incidence of Various Autoimmune Skin Diseases
The growing incidence of various autoimmune skin diseases is expected to propel the growth of the skin barrier market going forward. Autoimmune skin diseases refer to a group of disorders in which the immune system attacks healthy skin cells, causing inflammation and other symptoms.Autoimmune skin conditions, such as psoriasis, eczema, and dermatitis, are on the rise, contributing to an increased demand for advanced skincare solutions, such as skin barriers. For instance, in December 2022, according to the data published by the National Psoriasis Foundation, a US-based nonprofit organization serving people with psoriasis and psoriatic arthritis, more than 8 million cases of psoriasis were recorded in the US in 2022, an increase from 7.5 million in the previous year (2021). Therefore, the growing incidence of various autoimmune diseases is driving the growth of the skin barrier market.
Competitive Landscape:
Major companies operating in the skin barrier market report are 3M Corporation, Medline Industries LP, Stryker Inc., Essity AB, Sonoma Pharmaceuticals Inc., B Braun Melsungen AG, Coloplast Corporation, ConvaTec Inc., Integra Lifesciences Corporation, Smith & Nephew, GOJO Industries, Hollister Inc., Welland Medical Ltd., DermaRite Industries LLC, Marlen Manufacturing & Development Co., Nu-Hope Laboratories Inc., Torbot Group Inc., EltaMD Inc., Rhode skin, Safe N Simple LLC, Cymed MicroSkin, Avène USA, Stratia Inc., KraveBeauty Inc., Cocokind
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Top Trend - Focus On Introducing Products By Leveraging Whole-Cell Enzyme Technology
Companies operating in the skin barrier market are increasing their focus on introducing products by leveraging whole-cell enzyme technology to drive revenues in the market. The whole-cell enzyme technique involves utilizing intact living cells as a host for the production of desired enzymes.The enzymes used in this whole-cell enzyme technique are not isolated and purified. Instead, the biocatalyst in the enzymatic reaction is the enzyme culture solution or the solid component in such a solution. For instance, in August 2023, Nikko Chemicals Co. Ltd., a Japan-based chemical manufacturing company, launched Nikkol Lecinol MFL, a whole-cell enzyme technology-enabled skin barrier reinforcer. It enhances the skin's barrier function by stimulating keratinization in epidermal cells. This promotes the creation of filaggrin, a protein that strengthens skin cells, and ceramide, a key component of intercellular lipids and a building block for natural moisturizing factors. In this whole-cell enzyme technology, the enzyme culture solution or its solid component is directly used as the biocatalyst in the enzymatic reaction.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Skin Barrier Market Characteristics
3. Skin Barrier Market Trends And Strategies
4. Skin Barrier Market - Macro Economic Scenario
5. Skin Barrier Market Size And Growth
…..
27. Skin Barrier Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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