14 Oct 2021
Brandessence Market Research estimates that the Anti-Acne Cosmetics Market is set to grow at a robust 9.3% CAGR to reach USD 4245.6 million by 2027, rising from USD2278.1 million valuations in 2020.
Global Anti-Acne Cosmetics Market: Global Size, Trends, Competitive, Historical & Forecast Analysis, 2021-2027- Growing prevalence of skin disorders and rising number of collaboration, joint ventures, and other strategies by the market player are the major factor driving the growth of Global Anti-acne Cosmetics Market.
Growing prevalence of acne among adolescents remains a major global concern. Some estimates put acne disease burden to as many as 80% of adolescents in various countries. On the other hand, increasing natural remedies to fight acne, increased understanding of factors causing acne, and increased penetration of cosmetics in emerging economies remains key trends driving growth in the global anti-acne cosmetics market.
Anti-Acne Cosmetics Manufacturers :
Global Anti-acne Cosmetics market reports cover prominent players like Higher Education Skincare, The Proactiv Company Sarl, Vichy Laboratories (A Subsidiary of L’OREAL S.A.), Glexon Healthcare, La Roche-Posay (A Subsidiary of L’OREAL S.A.), L’OREAL S.A., Xieon Life Sciences Pvt. Ltd., Urban Skin Rx, Dr. Jart+, COSRX, Johnson & Johnson Services, Inc., Clinique Laboratories, Llc, Anacalima, Sesderma, Deciem Beauty Group Inc., Unilever, HUM Nutrition, Inc., GALDERMA, Murad LLC, Circumference Inc., ROHTO Pharmaceutical Co., Ltd., and KOSE Corporation and others.
Get Sample Report:@ https://brandessenceresearch.com/requestSample/PostId/1702
Global Anti-acne Cosmetics Market Segmentation:
The Global Anti-Acne Cosmetics Market is segmented on the basis on product type, end-users, and region & country level. Based on product type, the anti-acne cosmetics market is classified as mask, creams & lotions, cleansers & toners, and other. Based on end-users, the anti-acne cosmetics market is segmented into women and men.
By Product Type
Cream & Lotions
Cleansers & Toners
The regions covered in this Anti-acne Cosmetics market report are North America, Europe, Asia-Pacific, and the Rest of the World. Based on a country level, the market of Anti-acne Cosmetics is sub divided into U.S., Mexico, Canada, U.K., France, Germany, Italy, China, Japan, India, Southeast Asia, Middle East Asia (UAE, Saudi Arabia, Egypt) GCC, Africa, etc.
Anti-Acne Cosmetics Market: Key Insights
Some studies estimate that acne vulgaris affects as many as 9.4% of the population globally. The disease is known to affect adolescents far more than most other age groups. Furthermore, it also tends to affect females more adversely in general. Growing research supports the notion that acne is largely caused due to hereditary, BMI index, hyper seborrhea, extension of acne lesions to the trunk, among others. Despite major support for strict diet regimes among consumers, growing scientific evidence finds the role of food, and cigarette is not yet clear. While acne is known to affect nearly 80% of the adults in some countries, the cases of severe and moderate acne remain limited to 20% total cases. The recent data on acne also show that consultation with doctors can be improved. Today, 1 out of 2 people visit doctor for consultation. Growing awareness about acne as a serious illness, and its growing sociocultural importance remain two key drivers of growth in the antic-acne cosmetic market. According to growing number of studies, acne among teenagers leads to three times more cases of depression, and suicides. Furthermore, the condition worsen when female are affected by acne.
Social media also remains the go-to advising tool for teenagers dealing with acne. For example, according to a study published in the journal of dermatology, 45% individuals consulted people on social media for treatment. Furthermore, while 54% women opted for social media, 31% preferred the same medium. Moreover, 41% adolescents preferred social media, and 51% adults. The key social media influencing channel remained Instagram, and YouTube, which accounted for 58% of the survey participants.
Furthermore, most social media consumers (around 81%) opted for Over-the-Counter treatment for acne, while 40% opted for diet changes. A small minority (31%) opted for clinical guidance, with complete AAD clinical guidance. Social media remains a promising development for new players in the anti-acne treatment market. The cost of social media marketing remain lower to traditional mediums like TV channels. However, there are still entry to barriers as celebrity endorsements, and influencing driven marketing can lead to significant marketing costs. Despite some barriers to entry, the anti-acne cosmetic market remains a robust, innovative, and fragmented landscape, thanks to growing entry of new players, and increased focus on natural ingredients due to social media.
Anti-Acne Cosmetics: Product Insights
The anti-acne cosmetics market report is sub-divided into product categories into mask, cream & lotions, cleansers & toners, and others. Among these, the creams and lotion segment is expected to witness highest growth during the 2020-2025 period. The growing burden of diseases like psoriasis, and eczema, and increasing demand for protection from bacteria remain two key drivers for growth for the creams and lotion segment. The segment also accounted for over 35% total revenues in 2020. The ‘other’ segment consisting of new natural and organic product is expected to witness the fastest growth during the 2020-2025 periods. This segment also consists of gels, face wash, serums, and essential oils. These products are in high-demand, thanks to their natural adaptability for a wide range of skin types.
Anti-Acne Cosmetics Market: Covid-19 Impact and Key Trends
Covid-19 remained a major barrier to growth for players in the anti-acne cosmetics market in 2020. On one hand, as people had fewer social engagements, they had fewer use for beauty oriented makeups, and cosmetics. Additionally, covid-19 also resulted in considerable loss in income around the world, further pushing personal care to the back of the line in expenditures.
Technology shifts has accelerated due to covid-19 as reaching new consumers, among different social groups, with social media engagement has become more important. For example, studies reveal that consumers choose to engage with brands more which offer personalization services. Consumers increasingly demand personalization in hair treatment as well as tailor-made lip color.
Some companies have focused complete focus on AI technology. While this remains an expensive venture, companies like Proven today offer AI platforms with over 100,000 products, with recommendations, reviews, and scientific publications. The platform takes minute things such as pH levels, oil levels, and moisture of the skin into account to deliver more personalized insights. Such products, and platforms with increased transparency, and scientific data are highly in demand from the consumers.
Despite major companies like L’Oreal, Johnson & Johnson venturing into AI personalization, the personalization business model is yet in its nascent stage. Only time will tell if the investments are worth the risk. However, AI-based personalization, natural ingredient-based products, and growing social media marketing are all sides of the same coin – increased demand for transparency, and higher accountability by consumers.
Anti-Acne Cosmetics Market: Competitive Analysis
The anti-acne cosmetics market remains a highly fragmented and innovative landscape. The increased demand for natural ingredients and rising localization of products remain major trends driving growth of the global anti-acne cosmetics market. Some key players in the global anti-acne cosmetics market are Neutrogena, Murad, Clinique, Mentholatum, Kose, and Proactiv. Increasing collaboration, and mergers remain key drivers of growth in emerging markets wherein enthusiasm for cosmetic products remains high.
Anti-Acne Cosmetics Market: Regional Insights
The anti-acne cosmetics market report is segmented into key regions including North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America. Among these, Asia-pacific witnessed held the highest market share in 2020. The region held above 30% market share, thanks to high population, increased investment in natural, traditional, and herbal products, and high demand for cosmetic care in key economies including South Korea, Japan, Australia, among others. China remains one of the most promising opportunities in the region, with strong demand for established western brands.
Key Benefits of Anti-acne Cosmetics Market Report–
Global Anti-acne Cosmetics report covers in-depth historical and forecast analysis.
Global Anti-acne Cosmetics research report provides detailed information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Anti-Acne Cosmetics Manufacturers, Market Restraints, Market opportunities, Competitive Analysis, Regional and Country Level.
Global Anti-acne Cosmetics report helps to identify opportunities in the marketplace.
Global Anti-acne Cosmetics report covers extensive analysis of emerging trends and competitive landscape.
Get Full Report:@ https://brandessenceresearch.com/consumer-goods/anti-acne-cosmetics-market
About us: Brandessence Market Research and Consulting Pvt. ltd.
Brandessence market research publishes market research reports & business insights produced by highly qualified and experienced industry analysts. Our research reports are available in a wide range of industry verticals including aviation, food & beverage, healthcare, ICT, Construction, Chemicals and lot more. Brand Essence Market Research report will be best fit for senior executives, business development managers, marketing managers, consultants, CEOs, CIOs, COOs, and Directors, governments, agencies, organizations and Ph.D. Students. We have a delivery center in Pune, India and our sales office is in London.
Contact us at: +44-2038074155 or mail us at firstname.lastname@example.org