The report is updated with the impact of the COVID-19 pandemic on the Dermocosmetics Market . Every industry vertical across the globe has been affected by the pandemic, and the report assesses if the impact of the pandemic on the Dermocosmetics Market has been positive or negative. It also sheds light on the effect of the financial difficulties and supply disruption caused by the pandemic in the overall growth of the market. Furthermore, the report covers a current and future impact assessment of the pandemic on the overall growth of the Dermocosmetics Market .
The global dermocosmetics market size was USD 53.69 Billion in 2021 and is expected to register a revenue CAGR of 7.07% during the forecast period, according to latest analysis by Emergen Research. Sun, pollution, stress, eating disorders, and free radicals increase skin collagen and elastin breakdown, which is driving demand for dermocosmetics products, particularly among working populations leading a hectic lifestyle. In addition, rising concerns about health of skin and hair have led to a significant demand for well-tolerated, safer products with proven efficacy. According to the American Academy of Dermatology Association, acne is the most prevalent skin problem in the U.S., affecting around 50 million people each year.
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The North America dermocosmetics market accounted for largest revenue share in 2021. Rising average yearly expenditure on skincare and haircare products, as well as growing social media reach of companies promoting health, wellness, and fitness, are some of the key factors driving market revenue growth in region. Furthermore, rising prevalence of skin issues and rapid adoption of improved surgical treatments are expected to drive market expansion in North America. Surging number of collaborations and mergers among major cosmetic and pharmaceutical firms, as well as high-value investments for development of various innovative products, is driving demand for dermocosmetics. On 21 October 2019, Dr. Raymond Labs, which is one of the leading Korean-beauty skincare company launched ZERIOD, to provide innovative and affordable clinic-level skincare products for sensitive and combination skincare, topmost selling dermocosmetics brand in Korea.
The latest report encases an in-depth summary of the intensely competitive landscape of the global Dermocosmetics Market , with systematic profiling of the companies operating across this industry. In this section of the report, experts have listed down the strategic initiatives undertaken by these market rivals for proposed business expansion. Additionally, it highlights the key developments and financial positions of these companies to explain the overall market scenario. The company profiles of the established and new players have also been assessed in the report through effective analytical tools like SWOT analysis.
Emergen Research has segmented the global dermocosmetics market based on product type, treatment, end-users, and region:
Product Type Outlook (Revenue, USD Billion; 2019-2030)
Treatment Outlook (Revenue, USD Billion; 2019-2030)
End-Users Outlook (Revenue, USD Billion; 2019-2030)
Medical spas & salons
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Besides largely covering the aforementioned factors, the global dermocosmetics market research report offers detailed information about the impact of COVID-19 pandemic on the overall industry. It further makes a brilliant attempt to reveal the major growth opportunities available in the global dermocosmetics market to enable key players to strengthen their positions. Also, clients will be able to gain access to reliable and verified market estimations, including those for the overall size of the global dermocosmetics market in terms of revenue share.
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This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
Overview of the Dermocosmetics Market Report:
- Country-wise analysis of the market along with types, applications, and manufacturing
- Strategic recommendations to established players as well as new entrants
- In-depth analysis of the risks, restraints, and limitations in the Dermocosmetics Market industry
- Introduction, Product Scope, Market Overview, and Opportunities
- Analysis of the Manufacturers with sales, revenue, and price analysis
- Comprehensive analysis of the competitive landscape
- Extensive profiling of the key competitors along with their business strategies and market size
- Regional analysis of the market along with sales, revenue, market share, and global position
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