Global Dermocosmetics Market Size and Share Outlook - Forecast Trends and Growth Analysis Report (2024-2032)

Global Dermocosmetics Market Growth

Various skin-related conditions, such as acne, pigmentation, melasma, and psoriasis, affect people worldwide. Acne is estimated to impact 9.4% of the global population, ranking it as the eighth most prevalent disease internationally. Alopecia areata represents the most prevalent autoimmune condition, with an estimated lifetime risk of 2% among individuals worldwide. Previous studies suggest that the prevalence of psoriasis among adults is around 0.27%, with a 95% confidence interval ranging from 0.17 to 0.36.

Dermocosmetic products are designed to tackle skin concerns by merging dermatological and cosmetic properties. For acne treatment, ingredients such as salicylic acid are utilised to alleviate inflammation and unclog pores. Treatments for eczema and psoriasis frequently incorporate soothing components like ceramides. To address hyperpigmentation, products containing vitamin C or retinoids are employed to achieve a more uniform skin tone.

The increasing popularity of dermocosmetics can be attributed to the convenience and extensive reach of e-commerce platforms. Online platforms provide consumers with easy access to a wide array of products, comprehensive reviews, and tailored recommendations, facilitating the exploration and acquisition of specialised skincare solutions that meet individual needs. It is estimated that there are between 12 and 24 million online retail stores globally.

Key Trends and Developments

Increasing skin health awareness, rising dermatological research, surging skin-related issues, e-commerce growth, and the growing demand for natural and organic products are the major trends impacting the global dermocosmetics market growth

December 2022

Kao Corporation, a prominent Japanese multinational in the chemical and cosmetics sector, introduced UNLICS, a cosmetics line specifically designed for Gen Z men who seek a beauty experience that transcends mere personal grooming.

August 2024

POND’S SKIN INSTITUTE, a renowned American brand specialising in beauty and health care products and owned by Unilever, introduced its inaugural suncare line in 2023, further solidifying its status as the leading skincare brand in India and the Philippines.

March 2024

L’ORÉAL GROUPE, recognised as the largest cosmetics company globally, introduced MELASYL, an innovative ingredient designed to tackle localised skin pigmentation concerns, including age spots and post-acne marks.

Increasing Skin Health Awareness

The rising awareness regarding skin health, along with the advantages of utilising dermocosmetic products, is propelling the market. Nowadays, consumers are becoming more knowledgeable about how skincare influences both their overall health and physical appearance.

Rising Dermatological Research

The field of dermatology and cosmetic science is witnessing significant innovations that result in the creation of novel and more efficient products. Progress in ingredients, formulations, and delivery mechanisms improves the improving the effectiveness of dermocosmetics.

Rising Skin Related Issues

The widespread occurrence of skin disorders, including acne, eczema, melasma, pigmentation, psoriasis, and signs of ageing, drives the need for targeted dermocosmetic products specifically formulated to tackle these skin-related concerns.

E-Commerce Growth

The growth of e-commerce platforms has significantly increased the accessibility of dermocosmetics to a worldwide audience. Online retailing provides convenience and a broader selection of products, thereby fuelling the market expansion.

Growing Demand for Natural and Organic Products

There is an increasing inclination towards skincare products that are natural, organic, and cruelty-free. Consumers are progressively seeking dermocosmetics that contain few synthetic components and are formulated with environmental sustainability in mind.

Global Dermocosmetics Market Trends

The field of dermatology and cosmetic science is undergoing a significant transformation, characterised by innovative ingredients, advanced formulations, and cutting-edge delivery mechanisms. These developments are enhancing the effectiveness of dermocosmetics, providing consumers with more efficient solutions for their skin-related concerns. As this trend continues, it is likely that the market will see sustained growth and innovation, further enriching the consumer experience.

Additionally, the growth of e-commerce platforms has revolutionised the way consumers access and purchase dermocosmetics. By providing convenience, a wider selection of products, and enhanced marketing strategies, online retailing is fuelling market expansion and making these specialised skincare products more accessible to a global audience.

Global Dermocosmetics Industry Segmentation

Global Dermocosmetics Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:

Market Breakup by Product

• Skin Care
  • Anti-ageing
  • Skin Brightening
  • Anti-Stretch Mark
  • Others
• Lip Care
  • Lip Balm
  • Lip Scrub
  • Others
• Hair and Scalp Care
  • Shampoo
  • Conditioner
  • Others
• Others

Market Breakup by End User

• Men
• Women
• Kids

Market Breakup by Distribution Channel

• Hypermarkets and Supermarkets
• Pharmacy and Retail Store
• Online
• Others

Market Breakup by Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

Global Dermocosmetics Market Share

Based on the distribution channel, the market is segmented into hypermarkets and supermarkets, pharmacy and retail store, and online, among others. The online segment is projected to grow at a CAGR of 11.8% during the forecast period of 2024-2032. The rise in sales of dermocosmetics can be attributed to the expansion of online channels, which offer significant convenience and accessibility. E-commerce platforms present a wide array of products, comprehensive information, and customer feedback, facilitating the process for consumers to discover and acquire dermocosmetics.

Leading Companies in the Global Dermocosmetics Market

Major players are focusing on the production of organic and sustainable dermocosmetics to gain a competitive edge in the market.

• The Procter & Gamble Company
• Unilever Plc
• Beiersdorf AG
• Johnson & Johnson Services, Inc.
• L'Oréal S.A.
• Kao Corporation
• Pierre Fabre S.A.
• NAOS
• Coty Inc.
• Others

The comprehensive report looks into the macro and micro aspects of the market. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.