Press release
Global Acne Vulgaris Market to Reach $10.89 Billion by 2029, Growing at 6.5% CAGR
What industry-specific factors are fueling the growth of the acne vulgaris market?The rising demand for skincare products is anticipated to drive the expansion of the acne vulgaris market. Skincare products are specifically formulated to improve skin health and appearance, encompassing a variety of items that cater to different skin needs, from cleansing to hydration and protection. The growing interest in skincare is fueled by social media influence, increasing dermatological concerns, product innovations, and a shift toward preventive skincare, which collectively heighten skincare awareness. Skincare products aid in acne vulgaris treatment by addressing key causes such as excess oil production, clogged pores, and bacterial growth. Ingredients like salicylic acid, benzoyl peroxide, and retinoids help exfoliate, reduce inflammation, and promote clearer skin. For instance, in August 2024, The Cosmetic, Toiletry and Perfumery Association (CTPA), a UK-based non-profit, reported that the European cosmetics market was valued at €96 billion (approximately $105 billion) in retail sales price (RSP) in 2023, ranking among the largest globally alongside the USA. This marks an increase from €88 billion (approximately $93 billion) RSP in 2022. Therefore, the rising awareness of skincare is fueling the growth of the acne vulgaris market.
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What Is the projected market size and growth rate for the acne vulgaris market?
The acne vulgaris market has experienced significant growth in recent years. It is projected to expand from $7.94 billion in 2024 to $8.47 billion in 2025, reflecting a compound annual growth rate (CAGR) of 6.7%. The factors driving this growth in the past include the increasing prevalence of acne, a growing preference for natural ingredients, the expansion of online retail channels, investments in research and development, and the greater availability of over-the-counter products.
The acne vulgaris market size is projected to experience significant expansion in the coming years. By 2029, it is expected to reach $10.89 billion, growing at a compound annual growth rate (CAGR) of 6.5%. The anticipated growth during this period is driven by increasing awareness of skincare, a rising teenage population, a growing focus on self-care and wellness, a higher incidence of adult acne, the expansion of telemedicine, and the rise of e-commerce. Key trends in the forecast period include advancements in technology, the introduction of innovative drugs, the development of cutting-edge products, increasing clinical approvals, and innovations in medical procedures.
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What new trends are reshaping the acne vulgaris market and its opportunities?
In the acne vulgaris market, major companies are increasingly focused on developing innovative treatment solutions such as triple-combination topical treatments. These treatments typically combine three active ingredients to address multiple aspects of acne simultaneously, leading to enhanced therapeutic effects and better patient outcomes. For example, in October 2023, Bausch Health Companies Inc., a Canada-based pharmaceutical company, received FDA approval for Cabtreo (clindamycin phosphate, adapalene, and benzoyl peroxide), a topical gel designed for acne vulgaris treatment in patients aged 12 and older. By combining an antibiotic, a retinoid, and an antibacterial agent, Cabtreo offers a simplified, once-daily solution with a favorable safety profile.
What major market segments define the scope and growth of the acne vulgaris market?
The acne vulgaris market covered in this report is segmented -
1) By Type: Systemic Therapy, Hormonal Therapy, Physical Treatment, Topical Combination Therapy, Other Types
2) By Age Group: 10 To 17 Years, 18 To 44 Years, 45 To 64 Years, 65 Years And Above
3) By Distribution Channel: Hospital Pharmacies, Online Pharmacies
Subsegments:
1) By Systemic Therapy: Oral Antibiotics, Oral Retinoids, Oral Anti-Inflammatory Agents
2) By Hormonal Therapy: Oral Contraceptives, Androgen Receptor Inhibitors
3) By Physical Treatment: Laser Therapy, Light-Based Therapy, Chemical Peels, Microdermabrasion
4) By Topical Combination Therapy: Retinoid And Antibiotic Combinations, Benzoyl Peroxide And Antibiotic Combinations, Retinoid And Benzoyl Peroxide Combinations
5) By Other Types: Herbal And Natural Remedies, Biologic Therapies, Emerging Therapies
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Which region dominates the acne vulgaris market?
North America was the largest region in the acne vulgaris market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the acne vulgaris market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Which key market leaders are driving the acne vulgaris industry growth?
Major companies operating in the acne vulgaris market are Pfizer Inc., Johnson and Johnson, AbbVie Inc., L'Oréal Paris, GlaxoSmithKline Plc., Reckitt Benckiser Group plc, Viatris Inc., Teva Pharmaceuticals, Bausch Healh Companies, Sun Pharmaceutical Industries Ltd., Incyte, Aurobindo Pharma, Lupin Ltd., Torrent Pharmaceuticals, Biocon, Stiefel Laboratories, Mayne Pharma Group Limited, Paratek Pharmaceuticals, Cosmo Pharmaceuticals, AOBiome
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What Is Covered In The Acne Vulgaris Global Market Report?
•Market Size Forecast: Examine the acne vulgaris market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the acne vulgaris market for a structured understanding.
•Key Players Overview: Analyze major players in the acne vulgaris market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the acne vulgaris market.
•Segment Contributions: Evaluate how different segments drive overall growth in the acne vulgaris market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the acne vulgaris market.
•Industry Challenges: Identify potential risks and obstacles affecting the acne vulgaris market.
•Competitive Landscape: Review strategic developments in the acne vulgaris market, including expansions, agreements, and new product launches.
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