Skin Barrier Market Industry Growth - Key Market Dynamics and Trends

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..

Market Overview -
The skin barrier refers to a crucial component of the skin that acts as a protective shield against external environmental factors, pathogens, and moisture loss. It is used to control the outward flow of water, preserve moisture, and ensure the individual stays properly hydrated. It is made up of dead cells, lipids, proteins, and fats that help protect the skin from the environment.

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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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