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Skin Barrier Market Size, Share, Industry Analysis, Segments And Forecast To 2033

05-24-2024 07:09 AM CET | Health & Medicine

Press release from: The Business Research Company

Skin Barrier Market

Skin Barrier Market

The Business Research Company has recently revised its global market reports, now incorporating the most current data for 2024 along with projections extending up to 2033.

Skin Barrier Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.

The Market Size Is Expected To Reach $1.29 billion In 2028 At A CAGR Of 3.7% :

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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Skin Barrier Market Major Segments
The skin barrier market covered in this report is segmented -

1) By Product: Skin Barrier Sprays, Moisture Barrier Creams, Protective Ointments, Other Products
2) By Shape: Convex, Flat
3) By Indication: Incontinence And Ostomy, Chronic Wounds, Pressure Ulcers, Skin Rash And Dry Skin, Atopic Dermatitis
4) By Distribution Channel: Institutional Sales, Retail Sales

Key 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.

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Prominent 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.

Skin Barrier Market Players
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

View The Full Report Here - https://www.thebusinessresearchcompany.com/report/skin-barrier-global-market-report

Largest And Fastest Growing Region In The Market
North America was the largest region in the skin barrier market in 2023. The regions covered in the skin barrier market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The Table Of Content For The Market Report Include:
1. Executive Summary
2. Skin Barrier Market Report Structure
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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