Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 2.58 Billion | USD 3.97 Billion | 4.9% | 2023 |
The global Anti-Acne Cosmetics market size was worth around USD 2.58 billion in 2023 and is predicted to grow to around USD 3.97 billion by 2032 with a compound annual growth rate (CAGR) of roughly 4.9% between 2024 and 2032.
The study provides historical data from 2018 to 2022 along with a forecast from 2024 to 2032 based on revenue (USD billion). The report covers a forecast and an analysis of the Anti-Acne Cosmetics market on a global and regional level.
The report analyzes the global anti-acne cosmetics market drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the anti-acne cosmetics industry.
Acne can be described as a skin condition arising due to clogging of hair follicles with dead skin cells and oil that leads to formation of blackheads, whiteheads, pimples, and bumps. Acne occurs most commonly during puberty. Acne affects more than 50 million people every year in the U.S. alone. The treatment of acne is a long drawn process and requires constant care and medication.
Factors such as high acne prevalence, growing sale of anti-acne products on e-commerce sites, increasing permeation of internet services, increasing disposable income in developing regions, growing importance of aesthetic appearance, and rapid urbanization will act as major driving factors in the growth of global anti-acne cosmetics market. Launch of new products, use of natural ingredients, and increasing popularity of social media apps will act as an opportunity for the market players in the anti-acne cosmetics market. Nonetheless, some side-effects associated with anti-acne cosmetics, high cost of specialized products, and dearth of skilled dermatologists in low-income countries will restrict the growth of global anti-acne cosmetics market.
The study includes drivers and restraints for the anti-acne cosmetics market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the anti-acne cosmetics market on a global as well as regional level.
In order to give the users of this report a comprehensive view on the anti-acne cosmetics market we have included competitive landscape and analysis of Porter’s Five Forces model for the market. The study encompasses a market attractiveness analysis, wherein product and services segment is benchmarked based on their market size, growth rate and general attractiveness.
The report provides company market share analysis in order to give a broader overview of the key players in the anti-acne cosmetics market. In addition, the report also covers key strategic developments of the market including acquisitions & mergers, new product launch, agreements, partnerships, collaborations & joint ventures, research & development, regional expansion of major participants involved in the anti-acne cosmetics market on global and regional basis.
The global anti-acne cosmetics market has been split into product, end user, and region.
Based on product, anti-acne cosmetics market has been segmented into lotions & creams, toners & cleansers, mask, and others. The lotions & creams segment accounted for the highest market share in 2023 due to high demand for body lotions and moisturizing creams, easy availability, and ease of use.
Based on end user, the market has been segmented into men and women. The women segment accounted for the highest market share in 2023 due to high use of cosmetic products among women.
Report Attributes | Report Details |
---|---|
Report Name | Anti-Acne Cosmetics Market |
Market Size in 2023 | USD 2.58 Billion |
Market Forecast in 2032 | USD 3.97 Billion |
Growth Rate | CAGR of 4.9% |
Number of Pages | 110 |
Key Companies Covered | Clinique, Neutrogena, Murad, L'Oréal, LaRochPosay, Kose, Vichy, Proactiv, and Mentholatum |
Segments Covered | By Product, By End User and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
Asia Pacific will be the leading region during the forecast period. High investment in research and development of anti-acne cosmetics, presence of young population, and growing popularity of acne care cosmetics in Southeast Asian countries will boost the market growth in this region. North America is expected to be the second major market. The key reasons are presence of key market players, high disposable income, and increasing acne prevalence.
Europe will grow at rapid rate over the forecast time-frame due to launch of novel products. The market in Latin America will grow at a substantial rate during the estimate period. The Africa and Middle Eastern region is expected to exhibit definite progression in the anticipated time-frame.
The report also includes detailed profiles of key players such as:
Global Anti-Acne Cosmetics Market: By Product
Global Anti-Acne Cosmetics Market: By End User
Global Anti-Acne Cosmetics Market: By Region
FrequentlyAsked Questions
Anti-acne cosmetics are skincare products that are specifically formulated to address and manage acne-prone skin. Acne is a common skin condition that occurs when hair follicles become clogged with oil and dead skin cells, leading to the formation of pimples, blackheads, and whiteheads. Anti-acne cosmetics aim to prevent or reduce the occurrence of acne lesions, improve the appearance of existing acne, and promote clearer, healthier skin.
The anti-acne cosmetics market is influenced by various factors that impact its growth and development. These factors can vary based on consumer preferences, technological advancements, regulatory changes, and other industry dynamics. While the situation may have evolved since my last knowledge update in September 2021.
According to study, the Anti-Acne Cosmetics Market size was worth around USD 2.58 billion in 2023 and is predicted to grow to around USD 3.97 billion by 2032.
The CAGR value of Anti-Acne Cosmetics Market is expected to be around 4.9% during 2024-2032.
Asia Pacific has been leading the Anti-Acne Cosmetics Market and is anticipated to continue on the dominant position in the years to come.
The report also includes detailed profiles of key players such as Clinique, Neutrogena, Murad, L'Oréal, LaRochPosay, Kose, Vichy, Proactiv, and Mentholatum among others.
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