Market Overview:
The global medicated skin care products market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing prevalence of skin diseases, rising awareness about the benefits of using medicated skin care products, and growing demand for natural and organic-based medicated skin care products. Based on type, the global medicated skin care products market can be segmented into natural and synthetic. The synthetic segment is expected to account for a larger share of the market than the natural segment during the forecast period. This can be attributed to factors such as ease of availability and lower prices of synthetic-based medicated skincare products as compared with their natural counterparts. Based on application, the global medicated skincare product market can be divided into male, female, and kids segments.
Product Definition:
Medicated skin care products are those that contain one or more ingredients that are intended to treat a skin condition. These products can be used to address a variety of issues, such as acne, dryness, wrinkles, and sun damage. The use of medicated skin care products is important because they can help improve the appearance and health of the skin.
Natural:
Natural ingredients are derived from plants and animals. These products have minimal or no side effects on the human body. The main objective of using natural ingredients in skin care products is to treat the affected areas without causing any harm to the human skin.
The global market for natural skincare has been experiencing steady growth over the past few years, owing to rising consumer awareness regarding its benefits and wide usage by manufacturers as well as consumers across various geographies.
Synthetic:
Synthetic is a man-made material, which is different from natural ingredients. It includes polymers and monomers that are produced through chemical synthesis in laboratories. Synthetic ingredients are used to produce medicated skin care products due to their excellent properties such as high performance, efficiency and safety.
Due to the growing demand for medicated skin care products with anti-aging effects, advanced technologies have been developed for manufacturing these products over the years.
Application Insights:
On the basis of application, the global market is segmented into male, female and kids. Medicated skin care products for male are preferred as compared to female or kid's medicated skin care products. This can be attributed to socialization practices followed by males which encourage them to use these types of products more frequently than females or kids. For instance, according to a survey conducted by L'Orĩal in 2017 regarding usage patterns and preferences among millennials around the world; it was found that males between 18-24 years follow a daily routine similar to this: they wash their face with soap at least 3 times but 5 times is ideal while females prefer 2-3 times a day usage.
The kid's application segment held around USD 446 million in 2017 owing to high prevalence of atopic dermatitis among children which requires regular use of medicated creams.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast years owing to rising consumer awareness regarding skin care and grooming products, along with high disposable income of consumers. Moreover, availability of a wide range of Medicated Skincare Products (MSPs) in cosmetic stores is anticipated to drive demand for these products over the forecast period.
Asia Pacific is expected to witness significant growth over the coming years due to increasing product penetration by international brands coupled with growing inclination towards premium cosmetics among young consumers especially females in India and China. Furthermore, an increase in spending power among middle-class groups will boost demand for skincare products further driving regional market growth from 2018 to 2030 time frame). Europe also accounted for a significant share owing their well-developed healthcare sector coupled with advanced medical technology that has made it easier for people across Europe including men women kids infants animals pets birds etc., prone areas such as legs arms feet etc.
Growth Factors:
- Increasing incidence of skin diseases and disorders: The global medicated skin care products market is expected to grow at a CAGR of 5.5% during the forecast period due to the increasing incidence of various skin diseases and disorders such as acne, psoriasis, eczema, rosacea, and others.
- Rising awareness about available treatment options: There is a growing awareness among people about the different types of skin diseases and disorders and their respective treatments. This is driving them to opt for medicated skin care products that can help in treating these conditions effectively.
- Growing demand for natural ingredients-based products: The demand for natural ingredients-based medicated skincare products is increasing owing to their perceived benefits such as being safe, non-toxic, and environment-friendly. This is providing a major impetus to the growth of the global market for medicated skincare products.
Scope Of The Report
Report Attributes
Report Details
Report Title
Medicated Skin Care Products Market Research Report
By Type
Natural, Synthetic
By Application
Male, Female, Kids
By Companies
Bayer, Beiersdorf, Pfizer, Johnson & Johnson, Kao Corporation, Baxter Laboratories, Advanced Dermatology, Anacor Pharmaceuticals, SkinMedica, Unilever, Bayer, Otsuka Pharmaceutical, Merz North America
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
211
Number of Tables & Figures
148
Customization Available
Yes, the report can be customized as per your need.
Global Medicated Skin Care Products Market Report Segments:
The global Medicated Skin Care Products market is segmented on the basis of:
Types
Natural, Synthetic
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Male, Female, Kids
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Bayer
- Beiersdorf
- Pfizer
- Johnson & Johnson
- Kao Corporation
- Baxter Laboratories
- Advanced Dermatology
- Anacor Pharmaceuticals
- SkinMedica
- Unilever
- Bayer
- Otsuka Pharmaceutical
- Merz North America
Highlights of The Medicated Skin Care Products Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Natural
- Synthetic
- By Application:
- Male
- Female
- Kids
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Medicated Skin Care Products Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Medicated skin care products are those that contain ingredients that help to soothe and protect the skin. These products may contain ingredients such as benzoyl peroxide, salicylic acid, or retinoids.
Some of the key players operating in the medicated skin care products market are Bayer, Beiersdorf, Pfizer, Johnson & Johnson, Kao Corporation, Baxter Laboratories, Advanced Dermatology, Anacor Pharmaceuticals, SkinMedica, Unilever, Bayer, Otsuka Pharmaceutical, Merz North America.
The medicated skin care products market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Medicated Skin Care Products Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Medicated Skin Care Products Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Medicated Skin Care Products Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Medicated Skin Care Products Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Medicated Skin Care Products Market Size & Forecast, 2020-2028
4.5.1 Medicated Skin Care Products Market Size and Y-o-Y Growth
4.5.2 Medicated Skin Care Products Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Natural
5.2.2 Synthetic
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Male
6.2.2 Female
6.2.3 Kids
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Medicated Skin Care Products Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Medicated Skin Care Products Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Natural
9.6.2 Synthetic
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Male
9.10.2 Female
9.10.3 Kids
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Natural
10.6.2 Synthetic
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Male
10.10.2 Female
10.10.3 Kids
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Natural
11.6.2 Synthetic
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Male
11.10.2 Female
11.10.3 Kids
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Natural
12.6.2 Synthetic
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Male
12.10.2 Female
12.10.3 Kids
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Natural
13.6.2 Synthetic
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Male
13.10.2 Female
13.10.3 Kids
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Medicated Skin Care Products Market: Competitive Dashboard
14.2 Global Medicated Skin Care Products Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Bayer
14.3.2 Beiersdorf
14.3.3 Pfizer
14.3.4 Johnson & Johnson
14.3.5 Kao Corporation
14.3.6 Baxter Laboratories
14.3.7 Advanced Dermatology
14.3.8 Anacor Pharmaceuticals
14.3.9 SkinMedica
14.3.10 Unilever
14.3.11 Bayer
14.3.12 Otsuka Pharmaceutical
14.3.13 Merz North America
