Global Dermocosmetics Skin Care Products Market
The global Dermocosmetics Skin Care Products market was valued at USD 54.2 billion in 2021 which expected to reach USD 88.83 billion by 2027 at a CAGR 7.98% from 2021-2027.
Dermacosmetics is a synthesis of two important medical fields: cosmetics and dermatology. Women nowadays take great care of their skin because it is such an important part of our bodies. People are more likely to take extra care of their bodies and skin in order to appear attractive and healthy. Dermacosmetics refers to all cosmetics that can be applied to the skin or hair and effectively address specific issues such as acne, oily skin, acne scarring, dry skin, blemishes, and other skin ailments such as pimples.
Market Drivers
Rising demand for personalised skin and scalp & hair care products, as well as significant investments by several major cosmetics and pharmaceutical companies, are some of the factors driving the industry's growth Furthermore, the growing importance of skincare regimens, as well as significant product innovations in the formulation and formats of dermocosmetics products such as skin brightening, anti-aging, and other products, are expected to contribute to the industry's growth.
Market Restraint
Lack of understanding about skin care products may severely limit the dermacosmetics market's growth.
COVID-19 Impact on the Dermocosmetics Skin Care Products Market
The COVID-19 pandemic has had a negative impact on the global industry due to supply chain disruption, manufacturing disruption, and government restrictions imposed on retail stores around the world. Furthermore, major industry players saw a drop in sales revenue during the COVID-19 pandemic, further affecting the industry. For example, L'Oréal Groupe reported a 7.0% decrease in net sales in fiscal 2020. However, the global cosmetics market is expected to recover and grow rapidly in the future as a result of resumed activities, sales, trade, and manufacturing around the world.
Market Segmentation
The Global Dermocosmetics Skin Care Products Market is segmented into Application, Distribution Channel. By Application such as Anti-aging, Skin Brightening, Hair & Scalp Care, Baby Care, Sun Care, Anti-Stretch Mark, Lip Care, others. Further, market is segmented into By Distribution Channel such as Supermarkets & Hypermarkets, Pharmacy & Drug Stores, Online, Others.
Regional Analysis
Global Dermocosmetics Skin Care Products Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Europe dominated the Dermocosmetics Skin Care Products market. The United Kingdom and France have seen significant growth in recent years. The growing consumer spending on personal care products, as well as the increasing trend of premium cosmetic brands among celebrities in the region, are driving market growth in Europe. Furthermore, rising cosmetic product sales through various brands such as Coty Inc., L'Oréal Groupe, Estée Lauder Inc., REVLON, Procter & Gamble, and Henkel Corporation support the expansion.
Asia Pacific is expected to grow at the fastest rate. This expansion can be attributed to the region's growing target population. Furthermore, rising consumption of skin care, hair care, and cosmetic products in China and India, as a result of an increase in the number of new product launches and rising concerns about ageing, the harmful effects of UV rays, and skin conditions, is expected to positively influence the Asia Pacific region's growth.
Key Players
Various key players are listed in this report such as Procter & Gamble; L’Oréal Groupe; Unilever; Johnson & Johnson Services, Inc.; Shiseido Co., Ltd.; Amorepacific; Kanebo Cosmetics Inc., Avon Products, Inc.; Lotus Herbals Pvt. Ltd.; VLCC Health Care Ltd., among others.
Market Taxonomy
By Application
By Distribution Channel
By Region
Key Questions Addressed by the Report
Global Dermocosmetics Skin Care Products Market TOC
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Dermocosmetics Skin Care Products Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Dermocosmetics Skin Care Products Market, By Application
5.1 Y-o-Y Growth Comparison, By Application
5.2 Global Dermocosmetics Skin Care Products Market Share Analysis, By Application
5.3 Global Dermocosmetics Skin Care Products Market Size and Forecast, By Application
5.3.1 Anti-aging
5.3.1.1 Moisturizer
5.3.1.2 Serum
5.3.1.3 Others
5.3.2 Skin Brightening
5.3.2.1 Cream & Moisturizer
5.3.2.2 Cleanser
5.3.2.3 Others
5.3.3 Hair & Scalp Care
5.3.3.1 Shampoo
5.3.3.2 Conditioner
5.3.3.3 Others
5.3.4 Baby Care
5.3.4.1 Cream & Moisturizer
5.3.4.2 Shampoo
5.3.4.3 Massage Oil
5.3.4.4 Others
5.3.5 Sun Care
5.3.5.1 Adult Sun Cream
5.3.5.2 Baby Sun Cream
5.3.5.3 After Sun
5.3.5.4 Others
5.3.6 Anti-Stretch Mark
5.3.6.1 Cream
5.3.6.2 Oil
5.3.7 Lip Care
5.3.7.1 Lip Balm
5.3.7.2 Lip Scrub
5.3.7.3 Others
5.3.8 Others
6 Global Dermocosmetics Skin Care Products Market, By Distribution Channel
6.1 Y-o-Y Growth Comparison, By Distribution Channel
6.2 Global Dermocosmetics Skin Care Products Market Share Analysis, By Distribution Channel
6.3 Global Dermocosmetics Skin Care Products Market Size and Forecast, By Distribution Channel
6.3. 1 Supermarkets & Hypermarkets
6.3.2 Pharmacy & Drug Stores
6.3.3 Online
6.3.4 Others
7 Global Dermocosmetics Skin Care Products Market, By Region
7.1 Global Dermocosmetics Skin Care Products Market Share Analysis, By Region
7.2 Global Dermocosmetics Skin Care Products Market Share Analysis, By Region
7.3 Global Dermocosmetics Skin Care Products Market Size and Forecast, By Region
8 North America Dermocosmetics Skin Care Products Market Analysis and Forecast (2021-2027)
8.1 Introduction
8.2 North America Dermocosmetics Skin Care Products Market Share Analysis, By Application
8.3 North America Dermocosmetics Skin Care Products Market Size and Forecast, By Distribution Channel
8.4 North America Dermocosmetics Skin Care Products Market Size and Forecast, By Country
8.5.1 U.S.
8.6.2 Canada
9.7.3 Mexico
9 Europe Dermocosmetics Skin Care Products Market Analysis and Forecast (2021-2027)
9.1 Introduction
9.2 Europe Dermocosmetics Skin Care Products Market Share Analysis, By Application
9.3 Europe Dermocosmetics Skin Care Products Market Size and Forecast, By Distribution Channel
9.4 Europe Dermocosmetics Skin Care Products Market Size and Forecast, By Country
9.5.1 Germany
9.6.2 France
9.7.3 UK
9.8.4. Rest of Europe
10 Asia Pacific Dermocosmetics Skin Care Products Market Analysis and Forecast (2021-2027)
10.1 Introduction
10.2 Asia Pacific Dermocosmetics Skin Care Products Market Share Analysis, By Application
10.3 Asia Pacific Dermocosmetics Skin Care Products Market Size and Forecast, By Distribution Channel
10.4 Asia Pacific Dermocosmetics Skin Care Products Market Size and Forecast, By Country
10.5.1 China
10.6.2 Japan
10.7.3 India
10.8.4. Rest of Asia Pacific
11 Latin America Dermocosmetics Skin Care Products Market Analysis and Forecast (2021-2027)
11.1 Introduction
11.2 Latin America Dermocosmetics Skin Care Products Market Share Analysis, By Application
11.3 Latin America Dermocosmetics Skin Care Products Market Size and Forecast, By Distribution Channel
11.4 Latin America Dermocosmetics Skin Care Products Market Size and Forecast, Country
11.5.1. Brazil
11.6.2. Rest of Latin America
12 Middle East Dermocosmetics Skin Care Products Market Analysis and Forecast (2021-2027)
12.1 Introduction
12.2 Middle East Dermocosmetics Skin Care Products Market Share Analysis, By Application
12.3 Middle East Dermocosmetics Skin Care Products Market Size and Forecast, By Distribution Channel
12.4 Middle East Dermocosmetics Skin Care Products Market Size and Forecast, By Country
12.5.1. Saudi Arabia
12.6.2. UAE
12.7.3. Egypt
12.8.4. Kuwait
12.9.5. South Africa
13 Competitive Analysis
13.1 Competition Dashboard
13.2 Market share Analysis of Top Vendors
13.3 Key Development Strategies
14Company Profiles
14.1 Procter & Gamble
14.1.1 Overview
14.1.2 Offerings
14.1.3 Key Financials
14.1.4 Business Segment & Geographic Overview
14.1.5 Key Market Developments
14.1.6 Key Strategies
14.2. L’Oréal Groupe
14.2.1 Overview
14.2.2 Offerings
14.2.3 Key Financials
14.2.4 Business Segment & Geographic Overview
14.2.5 Key Market Developments
14.2.6 Key Strategies
14.3. Unilever
14.3.1 Overview
14.3.2 Offerings
14.3.3 Key Financials
14.3.4 Business Segment & Geographic Overview
14.3.5 Key Market Developments
14.3.6 Key Strategies
14.4 Johnson & Johnson Services, Inc
14.4.1 Overview
14.4.2 Offerings
14.4.3 Key Financials
14.4.4 Business Segment & Geographic Overview
14.4.5 Key Market Developments
14.4.6 Key Strategies
14.5 Shiseido Co., Ltd.
14.5.1 Overview
14.5.2 Offerings
14.5.3 Key Financials
14.5.4 Business Segment & Geographic Overview
14.5.5 Key Market Developments
14.5.6 Key Strategies
14.6 Amorepacific
14.6.1 Overview
14.6.2 Offerings
14.6.3 Key Financials
14.6.4 Business Segment & Geographic Overview
14.6.5 Key Market Developments
14.6.6 Key Strategies
14.7 Kanebo Cosmetics Inc.
14.7.1 Overview
14.7.2 Offerings
14.7.3 Key Financials
14.7.4 Business Segment & Geographic Overview
14.7.5 Key Market Developments
14.7.6 Key Strategies
14.8 Avon Products, Inc
14.8.1 Overview
14.8.2 Offerings
14.8.3 Key Financials
14.8.4 Business Segment & Geographic Overview
14.8.5 Key Market Developments
14.8.6 Key Strategies
14.9 Lotus Herbals Pvt. Ltd
14.9.1 Overview
14.9.2 Offerings
14.9.3 Key Financials
14.9.4 Business Segment & Geographic Overview
14.9.5 Key Market Developments
14.9.6 Key Strategies
14.10 VLCC Health Care Ltd
14.10.1 Overview
14.10.2 Offerings
14.10.3 Key Financials
14.10.4 Business Segment & Geographic Overview
14.10.5 Key Market Developments
14.10.6 Key Strategies