The dermocosmetic products are those products which are used to treat the increasingly common skin problems such as acne, psoriasis, aczema, extreme sensitivity and reactive skin. The increasing number of incidences regarding the skin allergy and lifestyle related skin complaints have augmented the demand for dermocosmetic products in the recent past. Increasing awareness regarding how the skin reacts to adverse conditions such as pollution and sunlight has led to the development of dermocosmetic products. These products are not considered as beauty products, however, they definitely help enhance the beauty.
Increasing number of youth population and rising awareness about the benefits of dermocosmetic products among this age group are anticipated to drive the demand throughout the forecast period. The rising disposable income of consumers is also expected to boost the growth of global dermocosmetic products market over the forecast period. Another major reason for the rise in demand for dermocosmetic products is the growing consumer interest in wellness, health and also the benefit-driven products. The long term benefits offered by dermocosmetic products are also projected to fuel the growth of this market over the forecast period. In addition to this, the minimal availability of substitutes also reduces the risk of substitutes in this market. This in turn, is projected to be one of the significant opportunities for key players in this market. The major companies in this market have adopted the strategy of product development as the target consumers demand innovations in this market. The fluctuating consumer demand is expected to hamper the market growth over the forecast period.
Market Classification and Overview
The global dermocosmetic products market is bifurcated on the basis of type, application and geography. On the basis of type, the market is classified into skin care products, hair care products and eye care products and others. The skin care products segment is again bifurcated into acne treatment, anti-aging, and skin whitening. The hair care products segment is classified as anti-dandruff, anti-hair fall, hair repair and others. The eye care products segment is also classified as artificial tears and prescription drops. The global dermocosmetic products market is also segmented based on application as retail pharmacy, hospital pharmacy and online sales.
The market for dermocosmetic products is segmented into regions such as North America, Europe, Asia-Pacific, Latin America, and Middle-East and Africa (MEA). Europe was the major contributors to the growth of dermocosmetic products market in 2015, owing to the upsurge in expansion of pharmacies in this region. Asia-Pacific region is also anticpated to hold a significant share in the global market followed by Europe. The market for dermocosmetic products in Asia-Pacific is further projected to witness highest growth in coming years owing to the rapid increase in disposable incomes of consumers in the region.
Dermocosmetic Products Market
2015 – 2026
2015 – 2016
2018 – 2026
Type, Application, Geography
North America, Europe, Asia-Pacific, Latin America, Middle East and Africa (MEA)
Market Trends, Drivers, Restraints, Porter's Five Forces Analysis, Competitive Analysis,
Player Profiling, Value Chain Analysis
Allergan plc, L’Oreal S.A., Procter & Gamble Co., Johnson & Johnson, Jan Marini Skin Research Inc, Unilever plc, ZO Skin Health Inc., BSN medical GmbH, La Prairie, Valeant Pharmaceuticals Inc., Revive, Shiseido Group, Glo Skin Beauty Bioelements, Amorepacific Corporation, and PCA Skin are the key players in the dermocosmetic products market. These players involved have adopted the strategies including expansion and mergers and acquisitions with local as well as established players.
Market By Type
· Skin Care Products
o Acne Treatment
o Skin Whitening
· Hair Care Products
o Anti-Hair Fall
o Hair Repair
· Eye care products
o Artificial Tears
o Prescription Drops
Market By Application
· Retail Pharmacy
· Hospital Pharmacy
· Online Sales
Market By Geography
· North America
o Rest of Europe
o Rest of Asia-Pacific
· Latin America
o Rest of Latin America
· Middle East and Africa (MEA)
o South Africa
o Saudi Arabia
o Rest of MEA
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