The global dermacosmetics market is predicted to attain a size of $76.3 billion by 2024, progressing at a 6.5% CAGR during the forecast period. The key factors behind the growth of the market are the surging prevalence of skin diseases, increasing number of conferences and seminars, and rising consciousness toward appearance. Based on product, the market is bifurcated into haircare and skincare. Of these, the skincare bifurcation is expected to hold the larger revenue share of more than 88.0% and witness the fastest growth till 2024.

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This is ascribed to the growing incidence of skin diseases and a wide range of skincare products available in the market. Further, on the basis of end user, clinics, medical spas, and salons, at-home and hospitals are the classifications of the dermacosmetics market. Out of these, in 2018, the clinics, medical spas, and salons classification held the dominating revenue share of more than 45.0% in the market as compared to the at-home classification’s market share of 33.8%. This is attributed to the significant number of skin treatment procedures done at such places.

The APAC dermacosmetics market is predicted to advance at a 7.8% CAGR during the forecast period. The main reason behind the growth of the market in this region would be the improving economic conditions, dynamic lifestyle patterns, growing disposable income, surging awareness on dermacosmetics, and significant presence of regional players. In APAC, owing to the rising incidence of skin disorders, the amount of money spent on skin treatment has also increased. As per the Organisation for Economic Cooperation and Development (OECD), in 2017, Japan’s personal spending reached  $2,874.0 billion from $2,833.0 billion in 2016.

With the DUOBRII approval, patients going through plaque psoriasis now have an effective topical treatment choice that combines tazarotene and halobetasol propionate, with accepted safety profiles, into a single lotion displaying dual mechanisms of action. Besides, in February 2019, L’Oréal S.A. introduced a digital skin diagnostic technology, which became possible with the acquisition of an artificial intelligence and augmented reality firm, Modiface Inc. Bausch Health Companies Inc., Allergan plc, Procter & Gamble (P&G), and Unilever Group are some of the major players operating in the dermacosmetics market.

DERMACOSMETICS MARKET SEGMENTATION

Market Segmentation by Product

• Skincare

• Cream
  • Serum
  • Lotion
  • Cleanser
  • Gel
  • Toner
  • Others

• Haircare

• Shampoo
  • Conditioner
  • Others

Market Segmentation by Treatment

• Skin

• Anti-aging
  • Skin whitening
  • Acne treatment
  • Others

• Hair

• Anti-dandruff
  • Anti-hair fall
  • Hair repair
  • Others

Market Segmentation by Distribution Channel

• Pharmacy and Retail Store
• Online

Market Segmentation by End User

• Clinics, Medical Spas, and Salons
• Hospitals
• At-Home

Market Segmentation by Region

• Europe Dermacosmetics Market

• By product
  • By treatment
  • By distribution channel
  • By end user
  • By country – France, Italy, Germany, U.K., Spain, Russia, Switzerland, Sweden, Norway, Denmark, Poland, and Rest of Europe

• France dermacosmetics market

• By product
  • By treatment
  • By distribution channel
  • By end user

• Italy dermacosmetics market

• By product
  • By treatment
  • By distribution channel
  • By end user

• Germany dermacosmetics market

• By product
  • By treatment
  • By distribution channel
  • By end user

• U.K. dermacosmetics market

• By product
  • By treatment
  • By distribution channel
  • By end user

• Spain dermacosmetics market

• By product
  • By treatment
  • By distribution channel
  • By end user

• North America Dermacosmetics Market

• By product
  • By treatment
  • By distribution channel
  • By end user
  • By country – U.S. and Canada

• U.S. dermacosmetics market

• By product
  • By treatment
  • By distribution channel
  • By end user

• Canada dermacosmetics market

• By product
  • By treatment
  • By distribution channel
  • By end user

• APAC Dermacosmetics Market

• By product
  • By treatment
  • By distribution channel
  • By end user
  • By country – China, India, Japan, South Korea, Indonesia, Australia, Singapore, Thailand, Malaysia, Sri Lanka, and Rest of APAC

• China dermacosmetics market
  • By product
  • By treatment
  • By distribution channel
  • By end user

• India dermacosmetics market

• By product
  • By treatment
  • By distribution channel
  • By end user

• Japan dermacosmetics market

• By product
  • By treatment
  • By distribution channel
  • By end user

• South Korea dermacosmetics market

• By product
  • By treatment
  • By distribution channel
  • By end user

• Latin America (LATAM) Dermacosmetics Market

• By product
  • By treatment
  • By distribution channel
  • By end user
  • By country – Brazil, Mexico, Argentina, Chile, Colombia, Ecuador, and Rest of LATAM

• Brazil dermacosmetics market

• By product
  • By treatment
  • By distribution channel
  • By end user

• Mexico dermacosmetics market

• By product
  • By treatment
  • By distribution channel
  • By end user

• Middle East and Africa (MEA) Dermacosmetics Market

• By product
  • By treatment
  • By distribution channel
  • By end user
  • By country – Saudi Arabia, U.A.E., South Africa, Israel, Egypt, Kuwait, and Rest of MEA

• U.A.E dermacosmetics market

• By product
  • By treatment
  • By distribution channel
  • By end user

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