Anti-acne Cosmetics Market

Anti-Acne Cosmetic Market Overview:

Global Anti-Acne Cosmetic Market: Global Size, Trends, Competitive, and Historical & Forecast Analysis, 2024-2030: High awareness regarding anti-acne cosmetic products and high technological advancement are boosting the market share of the anti-acne cosmetics industry.The global demand for Anti-acne Cosmetics   market, in terms of revenue, was worth US$ 6,419.6 million in 2023 and is expected to reach US$ 9,033.0 million in 2030, growing at a CAGR of 5.0% from 2024 to 2030. The global Anti-acne Cosmetics market is expected to grow at significant growth rate due to number of driving factor.

Anti-acne cosmetics include products which help reduce acne on the skin. These cosmetics include a variety of products such as skin care facial cleansers, toners, face masks, moisturizers, emulsions, and many other spot treatment products. These products also help to reduce the number of whiteheads and blackheads and have an anti-inflammatory effect. Benzoyl peroxide is frequently available as a cream or gel in anti-acne products. It can be used both once and twice a day. It should be applied to all areas of your face affected by acne after washing. Acne patients are susceptible to suffering from anxiety, depression, low self-esteem, poor quality of life, and loneliness. This can be known for the emotional and mental associations that an individual has with his or her appearance.

The Covid-19 has also impacted the growth of the global anti-acne cosmetics market due to the strict lockdowns and reduced manufacturing activities across the world. Therefore, falling sales of acne-fighting cosmetics hurt market participants. The economic uncertainty and stop in transportation induced by Covid-19 therefore caused a partial shutdown of business, which impacted demand for the anti-acne cosmetics products globally. Also, due to the strict rules and regulations directed by the government as well as safety concerns, many people were staying at home rather than going outside, thereby not using the anti-acne cosmetics. Also, during a lockdown, people were only able to buy necessities rather than cosmetic products. This has further decreased the demand for anti-acne cosmetics. However, in the later phase of the Covid-19, online channels have shown a significant growth which also impacted this market positively and the market gained momentum again.

Key Players for Global Anti-acne Cosmetics marketReport–

Some of the key players for global Anti-acne Cosmetics Markets are A.M. Enterprises, Anacalima, Biocrown Biotechnology Co., Ltd, BO International, Clinique Laboratories Llc, Colorescience, COSRX, Dr. Jart+, GALDERMA, Higher Education Skincare, Jan marini skin research Inc., Johnson & Johnson Services Inc., La Roche-Posay L’OREAL S.A., Murad LLC, Vive Cosmetics, and Others.

High awareness regarding anti-acne cosmetic products and high technological advancement are boosting the market share of the anti-acne cosmetics industry. The idea of spending millions on an anti-acne cosmetics product that will be effective in the future is forcing companies to bet heavily on new product development in the cosmetics market. For example, recently, in February 2023, Peace Out Skincare, a leader in innovative skincare solutions, announced it would launch at Ulta Beauty. It is available in stores, including the newly launched acne day dot and acne day and night duo, as well as the award-winning acne healing dots, along with the instant pore perfector, acne serum, and retinol eye stick. Furthermore, Unplugged launched winter skincare for acne-prone, oily skin in November 2022. And, in March 2022, Galderma launched a breakthrough skincare cream for acne. Anti-acne cosmetics are one of the best and easiest ways to protect consumers' skin's acne and appearance at any age. It is used to treat acne, which appears as spots or pimples on the consumer's face, chest, or back, among many other beneficial factors. The increasing number of people suffering from acne is also one of the major factors driving the market growth globally. For example, Acne is the most common skin condition in the United States, affecting up to 50 million Americans annually. Acne usually begins in puberty and affects many adolescents and young adults. Approximately 85 percent of people between the ages of 12 and 24 experience at least minor acne.

Excessive adoption of the anti-acne cosmetics market has led many businesses to invest millions of dollars in the market. Obagi, La Roche-Posay, Johnson & Johnson (Neutrogena Corporation), KOSE, PCA Skin, 3M, COSRX, and many other businesses are contributing to expanding their roots in this sector by executing organic strategies. For example, in September 2021, global beauty company Amorepacific secured minority shares of Cosrx via a recent investment agreement, under which the companies will pursue joint projects in various areas. And, in June 2021, OutCare Health and La Roche-Posay announced an exclusive partnership to create a training programme to help improve LGBTQ+ cultural competency in provider practises and patient interactions. Additionally, in December 2020, Johnson & Johnson Innovation, in partnership with Neutrogena, launched the Black Innovators in Skin Health. All these business strategies are increasing the global sales of the anti-acne cosmetics market.

North America has accounted for almost 29.2% of the market share in the market for anti-acne cosmetics. This is due to several innovations and recent developments happening in the region. For example, in September 2022, La Roche-Posay launched a new acne treatment serum with added anti-aging benefits. Also, L’Oréal-owned skin care brand La Roche-Posay had launched an AI-powered tool for acne sufferers.

Asia-Pacific is the fastest-growing region with a CAGR of 5.5% due to increasing intensity spending on personal care products particularly by the young population because of rising appearance consciousness. For example, according to the IBEF India's e-commerce order volume soared by nearly 36% in the last quarter of 2020, with the personal care, beauty & wellness (PCB&W) segment being the largest beneficiary.

Conclusion:

"Huge investments by various businesses and participation in anti-acne products are generating lucrative opportunities for the anti-acne cosmetics market worldwide and are projected to reach US$ 9,033.0 million in 2030."

Rising Prevalence of Skin Disorders is Increasing the Growth of Global Anti- Acne Cosmetics Market.

In the present era, consumers have been very mindful about appearance and looks which has eventually fostered the demand for different types of cosmetic products. Acne is the most common skin problem when hair follicles plug with oil and dead skin cells. It can cause pimples, whiteheads, or blackheads. It affects people of all ages; it is most popular among teens. Depending upon the seriousness, it can cause emotional distress and scar the skin. For instance, according to American Academy of Dermatology Association; nearly 85% of teenagers are impacted by acne at during their teenage days, over 50 million individuals have acne in the United States. Acne problems in adults is increasing which is impacting up to 15% of women. The European Academy of Dermatology and Venerology assesses that 95% of males have suffered from acne at some times in their lives. For example, almost 85% of females have had to deal with acne-concerned problems. 40% of individuals who have been impacted by acne have suffered from moderate to severe acne and other than 50% had acne-related problems in adulthood. These figures show the significant prevalence of skincare and acne-related complications among young people. According to Australian skin clinic survey has observed that acne treatment expense is quite significant for people who attempt to self-treat their acne. People with acne spend about $850 on over-the-counter treatments prior to seeing a dermatologist. Thus, with the above-mentioned causes there is an increase in demand of anti-acne cosmetic products all around the world which is consequently increasing the growth of the market. With the advancement of new skincare products, the worldwide anti-acne cosmetics market will have massive ability in the coming years.

Increasing Awareness Regarding These Products among Consumers through Promotional Activities on social media and Change in Customer Buying Behavior from Offline to Online are also Supplementing the Market Growth Globally.

One of the reasons, such as the growing number of e-commerce platforms selling anti-acne products, increasing internet penetration, and speedy urbanization, are expected to boost the necessity for these products among the target population, particularly in developing economies. Social media is one of the largest market influencers. The influence of social media has been huge, especially in terms of how consumers understand and project themselves. By cross- sectional study held in Saudi- Arbia conducted from January 2021 to August 2021, the survey found participants whether people used social media for advice on acne treatment, out of 5539 respondents,4,227 experienced acne, of which 1,793 were influenced by social media. Most social media users were between 18 and 25 years old and decided social media as their first approach for acne guidance. The most used platform was Instagram (34%) followed closely by YouTube (33.2%). Therefore, by the rise in social media awareness the requirement related to acne increases the appearance awareness among consumers is likely to drive the product demand at a substantial rate.

The growing digitalization globally is accelerating the online sales channel. As customers can see a variety of products on one platform, online purchasing is gaining huge traction. Thus, to adopt the customer's preference most of the manufacturers are providing their anti-acne products through their own websites and some manufacturers source their products through a third-party website such as Amazon, Flipkart, etc.

Rising Availability of Anti-Acne Products Especially in the Developing Economies of the World is also Playing an Important Role in Driving the Market Growth.

Each skin and their texture are complex, varying on the specific composites in cosmeceuticals products. Hundreds of anti-acne products have been screened, produced, and tested and many have been included in commercially offered products. Cosmeceuticals like vitamins, sunscreens, hydroxy acids, creams, facewash, lotions & many more have proved their usefulness in treating acne thus improving the skin texture. Celebrity endorsement is believed to be one of the most known marketing tools in the cosmetics industry. For example- Kylie Jenner arguably started the trend when she launched her pink-branded product line as a paired brand to Kylie Cosmetics in May 2019. Rihanna followed with Fenty Skin in the summer of 2020 in anti-acne products. Some of the more recent de4velopments are - In March 2020 - COSMEDIX, which is a prominent manufacturer in the market of skincare products, revealed a new product that retained the capacity to ease acne rapidly. In June 2020 - Bausch health co. launched ARAZLO lotion for the patients who had a rash on the skin which fell under the heading of acne vulgaris. The increasing awareness of various products and techniques has also impacted the growth of anti-acne cosmetics globally.

Key Benefits of Global Anti-Acne Cosmetics Market Report–

• Global Anti-acne Cosmetics market report covers in-depth historical and forecast analysis.
• Global Anti-acne Cosmetics market research report provides detailed information about market introduction, market summary, global market revenue (Revenue USD), Market Drivers, Market Restraints, Market opportunities, Competitive Analysis, Regional and Country Level.
• Global Anti-acne Cosmetics market report helps to identify opportunities in the marketplace.
• Global Anti-acne Cosmetics market report covers extensive analysis of emerging trends and the competitive landscape.

Anti-Acne Cosmetics Market Segmentation: –

By Product Type

• Face Mask
• Cream
• Cleansers
• Anti-acne Patch
  • Chemical Based
  • Salicylic Acid Based
• Others

 By Product Category

• Prescribed (Rx)
• Direct to consumers (DTC)

 By Skin Type

• Oily
• Sensitive
• Normal
• Dry
• Oily & Dry (Combination)

By Sales Channel

• Online
  • Ecommerce Websites
  • Brand/Company Websites
• Offline
  • Hypermarket/Supermarket
  • Convenience Store
  • Speciality Store
  • Pharmacies

By Regional & Country Analysis:

• North America
• U.S.
• Mexico
• Canada
• Europe
• UK
• France
• Germany
• Italy
• The Asia Pacific
• China
• Japan
• India
• Southeast Asia
• South America
• Brazil,
• Argentina
• Columbia
• The Middle East and Africa
• GCC
• Africa
• Rest of the Middle East and Africa