06-Nov-2019: The global anti-acne
cosmetics market size is expected to reach USD 3.88
billion by 2026 according to a new report by Grand View Research, Inc. It is
projected to expand at a CAGR of 8.2% during the forecast period. The high
psychological burden associated with acne is mainly expected to drive the
anti-acne cosmetics market. Moreover, easy availability of anti-acne products
through several offline and online shops is also anticipated to drive the
growth.
According to the
America Academy of Dermatology, acne is one of the common skin disorders in
U.S., affecting approximately 50 million individuals every year with nearly 85%
individuals between the age group of 12 to 24 years suffering from minor acne.
Thus, such high prevalence among adolescents and young adults is anticipated to
fuel the market growth.
According to a
study conducted by SkinStore, an average American women uses nearly 16 skin
care products on her face daily and spends approximately USD 8 every day on
facial cosmetics products to prevent acne, pigmentation, blemishes, dark
circles, and wrinkles. Such beauty regimes are anticipated to propel the market
growth.
According to a
study by the University of Limerick, negative social stigma associated with
acne reduces the quality of life of individuals, increases their psychological
distress, and causes physical problems such as headaches, sleep disturbance,
and gastrointestinal issues. Hence, the negative perceptions associated with
acne is anticipated to increase the demand for anti-acne cosmetics.
In
depth research report on Anti-Acne Cosmetics Market
Further key findings from the report suggest:
·
Creams and lotions segment led the market in 2018 as acne
cream is the first line of therapy for all types of acne and it also provides
skin moisturization, thus reducing skin dryness caused by acne
·
The others segment is expected to expand at a rapid pace over
the forecast period, due to the compatibility of these products with various
skin types and their lightness on skin as compared to creams and lotions
·
Women segment held the dominant market share in 2018 and is
expected to grow at a remunerative rate during the forecast period owing to
high prevalence and awareness regarding the same
·
Asia Pacific is anticipated to grow significantly over the
forecast period due to increasing disposable income in developing countries as
well as increasing population leading an unhealthy lifestyle
·
Some of the key players in the anti-acne cosmetics market are
Neutrogena; Clinique; Murad; Kose; LaRochPosay; Mentholatum; L'Oréal; Proactiv;
and Vichy
Grand View Research
has segmented the global anti-acne cosmetics market on the basis of product,
end use, and region:
Anti-acne Cosmetics Product Type Outlook (Revenue, USD
Million, 2015 - 2026)
·
Mask
·
Creams & Lotions
·
Cleansers & Toners
·
Others
Anti-acne Cosmetics End Use Outlook (Revenue, USD Million,
2015 - 2026)
·
Women
·
Men
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About
Grand View Research
Grand View Research, Inc. is the
U.S. based market research and consulting company, registered in the State of
California and headquartered in San Francisco. The company provides syndicated
research reports, customized research reports, and consulting services. To help
clients make informed business decisions, the company offers market
intelligence studies ensuring relevant and fact-based research across a range
of industries including technology, chemicals, materials, healthcare and
energy.
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