Anti-Acne Cosmetics Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 - 2028
Anti-Acne Cosmetics Market: Introduction
Now-a-days, cosmetic companies are coming up with advanced beauty products that claim to reduce the acne, along with better complexion care. These companies test and come up with advanced version of their existing products, along with several new products to meet the customers’ demand.
Among several cosmetic products available in the market, creams and lotions are used at a large scale. The segment held a massive share of the global anti-acne cosmetics market. The rising demand for moisturizers, body lotions, and sunscreens is the key factor behind increasing sales in cream and lotions across the globe. Besides, rising awareness about self-care and grooming has also boosted the demand for anti-acne foundations, compacts, complexion care, and other similar products, fueling the growth of creams and lotions in anti-acne cosmetics market.
Anti-Acne Cosmetics Market: Novel Development
Recently, a leading player, Incospharm launched a cosmetic product with autophagy-induced ingredients which restores hydrolipidic film of the skin, treating the acne. The product was launched at Korea trade shoe. The product is named Sebodulin, a newest range in Incospharm portfolio, consisting autophagy-activating peptides.
Moreover, Ahava Dead Sea laboratories developed a cosmetic using Dead Sea extracts and apple of Sodom, a native fruit, The combination is used to prevent, protect, and treat skin inflammation. The formulation is claimed to be used in pharmaceutical and skin care compositions in several leave-on products, such as gels lotions, sunscreen, masks, ointment, make-up, foam, and sprays. This helps in treating various skin conditions.
These are some of the leading examples, taking the global anti-acne cosmetics market by a stride. The market is expected to experience a notable rise in the span of coming years, due to increasing innovations in the market.
Anti-Acne Cosmetics Market Dynamics
Adolescents Prone to Acne Fuel Demand in Global Market
There are a lot of negative stigma regarding acne, along with increase in usage of cosmetic products by women and men. Acne is one of the most common skin issues, especially in adolescents. Based on the article by European Academy of Dermatology and Venereology journal, around 85% of girls and 95% of boys tend to get acne in their teenage. This rising cases of acne in young population is another major aspect boosting the growth in global anti-acne cosmetics market.
People suffering from acne are also prone to be affected by depression, low self-esteem, aloofness, and poor life quality. This is credited to the mental and emotional connection of an individual and outer appearance. These psychological impacts are as well foreseen to uplift the demand in the global market.
Anti-Acne Cosmetics Market: Regional Analysis
Asia Pacific Being Largest Exporter to Lead Global Market
Asia Pacific led the market in 2018 and is estimated to witness lucrative growth over the forecast period. Asia Pacific is the largest potential export market for U.S. based products owing to the presence of over 3 billion potential consumers. Economies, such as Australia, Japan, and South Korea are some of the largest consumers. In addition, Vietnam, Malaysia, and Indonesia are a few other regions expected to witness high demand during the forecast period.
China is one of the most promising cosmetics markets in Asia Pacific. This can be attributed to the fascination of the Chinese population with high-end foreign brands, as nearly 80% of the country’s cosmetics market is dominated by western brands.
This study provides a particularized anatomy according to the L.E.A.P mechanism
The regional analysis offers market assays across:
The study, prepared through the L.E.A.P mechanism adds a dimension of infallibility and assures precise information on all the growth dynamics.
Latest Trends and Cardinal Growth Prospects
The study assists in burnishing the knowledge of the stakeholder in terms of the emerging trends. The study provides an expansive coverage on the latest developments and novel profit-yielding sources that augur well with the market. A dedicated and determined team of experts conduct an out-and-out research on diverse aspects to offer ultimate breakthroughs in the market.
Existing and Future Insights in Growth
The interfusion of ubiquitous primary and secondary research through modern tools invites perfection and accuracy in every aspect. Primary research is circumspectly conducted through exhaustive interactions and interviews of experts. These valuable opinions are then neatly inducted in the report to allow the stakeholder for reaping the benefits. A treasure of secondary data is extracted via famed paid sources, yearly estimates and statements, renowned journals, and government documents. These sources assist in creating a robust database comprising existing and subsequent growth dynamics.
Ascensions in Technology
Diverse technological advancements and cutting-edge innovations in the market have been covered in this study to assist the stakeholder in research and development activities. Recent upgrades have also been added in the study, thus helping the stakeholder to paint the strokes of growth on the canvas of the market.
The study presents a plethora of challenges and obstacles that can hinder the growth of the market to allow the stakeholder to prepare their strategies accordingly.
The world ushered in the new decade with the shadow of the COVID-19 pandemic. The outbreak has damaged the growth prospects of several businesses and has crippled the entire economy. The study is in tandem with the changing dynamics of the market due to the SARS-CoV-2 outbreak. The study focuses on the coronavirus pandemic and analyses every aspect that impacts the growth positively or negatively.
An aerial perspective of the regions covered in this study enables the stakeholder to design strategies accordingly. The 360-degree assessment of every aspect associated with growth offers information on a rainbow of growth opportunities available across the market.
The exhaustive study motivates the stakeholder to take the 'LEAP' of faith and achieve success!
This report is the key to questions such as:
What are the prominent factors that will help in reshaping the market growth?
Which trends have the potential to bring expansive growth for the market?
What are the necessary strategies to overcome the ill-effects of the COVID-19 pandemic?
Which regions will emerge as champion growth contributors for the market?
Which aspects will serve as game-changers for the market?
What are the latest innovations in the market?
Which factors will hinder the growth of the market?
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