Medicated Skin Care Products

Global Market Trajectory & Analytics

MCP-5091

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DATE

SEP 2021

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120

PAGES

342

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USD 5450

CODE

MCP-5091


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HIGHLIGHTS & REPORT INDEX

Global Medicated Skin Care Products Market to Reach US$7.7 Billion by the Year 2026

Medicated skin care products contain active ingredients that treat common skin ailments. Medicated skin care products range from simple over-the-counter topical creams to products that require a physician prescription. These products are used to cure skin diseases such as rosacea, acne, eczema, psoriasis, and suchlike. The medicated lip care market is showing renewed growth, supported by innovative ingredients and combinations, increased emphasis on youthful look, growing awareness of adverse effects of sunrays on skin, and an increasing popularity of these products amongst men. Innovative packaging and differentiation is providing a much-needed fillip to the market. Growth in the global market is driven by the rising prevalence and incidence of several skin conditions, and the need for products that maintains, nourishes and enhances and/or prevents, treats and corrects the skin.

Growing demand for better preventative and maintenance healthcare; aging population and their vulnerability to skin changes; and popularity of aesthetic and corrective care among the young, middle aged and the old offer significant potential for medicated skin care products in the coming years. Other important growth drivers include heightened focus on patient care that would result in creation of new ideas in the field of skincare; growing prominence of personalized skin care; increasing awareness about adverse effects of sunrays on skin; rising popularity of medicated skin care products among men; insufficient sleep and vitamin/minerals deficient diets resulting in various skin related issues; and steady launch of safe, effective, and high-efficacy products with innovative ingredients, combinations, and product packaging, among others. Amid the COVID-19 crisis, the global market for Medicated Skin Care Products estimated at US$6.6 Billion in the year 2020, is projected to reach a revised size of US$7.7 Billion by 2026, growing at a CAGR of 2.7% over the analysis period.

The U.S. Market is Estimated at $2.4 Billion in 2021, While China is Forecast to Reach $887.1 Million by 2026

The Medicated Skin Care Products market in the U.S. is estimated at US$2.4 Billion in the year 2021. The country currently accounts for a 35.63% share in the global market. China, the world`s second largest economy, is forecast to reach an estimated market size of US$887.1 Million in the year 2026 trailing a CAGR of 4.2% through the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1.9% and 2.2% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 2.1% CAGR while Rest of European market (as defined in the study) will reach US$918.2 Million by the end of the analysis period. The US is a key market and growth is driven

SELECT PLAYERS

Advanced Dermatology and Cosmetic Surgery; Bayer AG; Beiersdorf AG; Curatio Healthcare India Pvt. Ltd.; Dr. med. Christine Schrammek Kosmetik GmbH & Co. KG; EltaMD, Inc.; Episciences, Inc.; Galderma S.A.; GlaxoSmithKline Plc; Johnson & Johnson; Kao Corporation; La Prairie Group AG; Laboratorios Leti SL.; L’Oréal S.A.; Medimetriks Pharmaceuticals, Inc.; Merz Pharma GmbH & Co. KGaA; NEOCUTIS; Obagi Cosmeceuticals LLC; Otsuka Pharmaceutical Co., Ltd.; PCA Skin; Prestige Consumer Healthcare Inc.; RéVive Skincare; Shiseido Co., Ltd.; SkinCeuticals; SkinMedica, Inc.; Skinvisible Pharmaceuticals, Inc.; Sonoma Pharmaceuticals, Inc.; Stiefel Laboratories, Inc.; The Himalaya Drug Company; Unilever NV; Vivier Pharma; ZO® Skin Health Inc.

SEGMENTS

» Segment (Medicated Skin Care Products)

GEOGRAPHIES

» World » USA » Canada » Japan » China » Europe » France » Germany » Italy » UK » Spain » Russia » Rest of Europe » Asia-Pacific » Australia » India » South Korea » Rest of Asia-Pacific » Latin America » Argentina » Brazil » Mexico » Rest of Latin America » Middle East » Iran » Israel » Saudi Arabia » UAE » Rest of Middle East » Africa

TABLE OF CONTENTS

1. MARKET OVERVIEW
Influencer Market Insights
World Market Trajectories
Impact of Covid-19 and a Looming Global Recession
2020: A Year of Disruption & Transformation
As the Race between the Virus & Vaccines Intensifies, Where is the World Economy Headed in 2021
EXHIBIT 1: World Economic Growth Projections (Real GDP, Annual % Change) for 2020 through 2022
Beauty and Personal Care Industry Comes Under Stress Due to Pandemic
Market Players Strategize to Mitigate Impact of Pandemic
Dermatology Amidst the COVID-19 pandemic
Pandemic Influences Demand for Dermatology Products
Medicated Skin Care Products Witness Pockets of Growth
Medicated Skin Care Products: An Introduction
Categorization
Major Skin Diseases Driving the Need for Medicated Skincare Products
Cosmeceuticals: Convergence of Beauty and Healthcare
Growing Prevalence of Skin Diseases and the Unmet Treatment Needs: A Fundamental Growth Driver
Recent Market Activity
Regional Landscape
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
Clean & Holistic Beauty Trend Makes Dermatologicals & Skin Care to Attain Bright Glow
Clean Label Claims for Dermatologicals & Skin Care Products
Medicated Skin Care Domain to Have Real Moment with Innovation Focus
Select Recently Launched Innovative Skin Care Brands
Prescription Skin Care Products Rank Better than Regular OTC Products
Rise in Multipurpose Products and Skin Care Products with Visible Results
Increasing Self-Medication Drives Demand for Dermatologicals
Biosimilar Products Set to Proliferate the Medicated Skin Care Market
Dermo-Cosmetic Products Register Strong Uptake
Rising Incidence of Skin Issues among Children Fuels Demand for Medicated Skincare Products
Increasing Cases of Surgeries, Accidents, and Melanoma Spurs Use of Dermatological Products for Scar Treatment
EXHIBIT 6: Global Cancer Incidence: Number of New Cancer Cases in Million for the Years 2018, 2020, 2025, 2030, 2035 and 2040
Practitioner-Endorsed Skin Care Products to Witness Increased Consumer Demand
Skin Health Gains Wider Importance in Post-Pandemic World
Growing Prevalence of Psoriasis Widens the Demand
Rising Incidence of Eczema to Underpin Volume Growth
Increasing Focus on Wellness and Self-Care amidst Mounting Healthcare Costs Drive Healthy Market Growth
Health & Wellness Boosts Demand for Dermocosmetics
Growth in the Global Cosmeceuticals Market Bodes Well for Market Growth
EXHIBIT 2: Global Cosmeceutical Market Size (in US$ Billion) for 2019, 2022 and 2025
Cosmeceuticals with Biologically Active Ingredients to Improve Skin Functioning Begin to Find Favor
Rise in Young Population and Skin Conditions Such as Acne Drive Demand for Medicated skin Care Products
Aging Population and their Vulnerability to Age-Related Skin Changes: A Strong Growth Driver
Major Anti-Aging Ingredients of Cosmeceuticals
EXHIBIT 3: Global Aging Population Statistics for the 65+ Age Group in Million by Geographic Region for the Years 2019, 2025, 2035 and 2050
Growing Prominence of Personalized Skin Care Prescriptions Benefit Market Penetration
Medicated Skin Care Advancements DriveGrowth
Consumer Interest in Natural Ingredients Drive Demand for Natural and Organic Products
Surging Popularity of Multi-Functional Products Promote Market Expansion
Women: The Dominant Consumer Cluster for Medicated Skin Care Products
EXHIBIT 8: Women as % of Total Labor Force in Select Countries: 2019
Focus on Finding Alternatives to Hydroquinone for Pigment Control Purposes
Physiological Differences Entail Need for Male Specific Products
Growing Prominence of Non-Invasive Skin Treatments Lends Traction to Market Demand
Increasing Environmental Pollution Drive Demand for Anti-Pollution Skin Care Products
4. GLOBAL MARKET PERSPECTIVE
World Current & Future Analysis for Medicated Skin Care Products by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
World Historic Review for Medicated Skin Care Products by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
World 15-Year Perspective for Medicated Skin Care Products by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2012, 2021 & 2027
UNITED STATES
Market Overview
EXHIBIT: US Population by Age Group: Percentage Breakdown of Population by Age Group (2020)
Natural Formulations Revive Growth in the Sluggish Skin Care Market
FDA Bans Hydroquinone in Skin Care Products
Busy Lifestyles Spur Demand for Products with Anti-Stress Claims
Blemish Balms Attract Attention
Competitive Landscape
EXHIBIT: Market Share of Leading Players in the US Dermatologicals Market (2021)
USA Current & Future Analysis for Medicated Skin Care Products by Segment - Medicated Skin Care Products - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
USA Historic Review for Medicated Skin Care Products by Segment - Medicated Skin Care Products Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
CANADA
Canada Current & Future Analysis for Medicated Skin Care Products by Segment - Medicated Skin Care Products - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
Canada Historic Review for Medicated Skin Care Products by Segment - Medicated Skin Care Products Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
JAPAN
Market Overview
EXHIBIT 10: Breakdown of Population by Age Group in Japan: 2010, 2020, and 2025
Japan Current & Future Analysis for Medicated Skin Care Products by Segment - Medicated Skin Care Products - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
Japan Historic Review for Medicated Skin Care Products by Segment - Medicated Skin Care Products Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
CHINA
Market Overview
EXHIBIT 50: Chinese Demographics (2020): Breakdown of Population (in '000) by Age Group
China Current & Future Analysis for Medicated Skin Care Products by Segment - Medicated Skin Care Products - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
China Historic Review for Medicated Skin Care Products by Segment - Medicated Skin Care Products Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
EUROPE
Market Overview
EXHIBIT: European Aging Population Statistics for the 65+ Age Group in Million for the Years 2019, 2025, 2035 and 2050
Europe Current & Future Analysis for Medicated Skin Care Products by Geographic Region - France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
Europe Historic Review for Medicated Skin Care Products by Geographic Region - France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
Europe 15-Year Perspective for Medicated Skin Care Products by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets for Years 2012, 2021 & 2027
FRANCE
France Current & Future Analysis for Medicated Skin Care Products by Segment - Medicated Skin Care Products - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
France Historic Review for Medicated Skin Care Products by Segment - Medicated Skin Care Products Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
GERMANY
Germany Current & Future Analysis for Medicated Skin Care Products by Segment - Medicated Skin Care Products - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
Germany Historic Review for Medicated Skin Care Products by Segment - Medicated Skin Care Products Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
ITALY
Italy Current & Future Analysis for Medicated Skin Care Products by Segment - Medicated Skin Care Products - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
Italy Historic Review for Medicated Skin Care Products by Segment - Medicated Skin Care Products Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
UNITED KINGDOM
Market Overview
EXHIBIT: UK OTC Skin Care Market by Category (2021)
Competitive Landscape
EXHIBIT: Market Share of Leading Players in the UK Dermatologicals Market (2021e)
UK Current & Future Analysis for Medicated Skin Care Products by Segment - Medicated Skin Care Products - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
UK Historic Review for Medicated Skin Care Products by Segment - Medicated Skin Care Products Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
SPAIN
Spain Current & Future Analysis for Medicated Skin Care Products by Segment - Medicated Skin Care Products - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
Spain Historic Review for Medicated Skin Care Products by Segment - Medicated Skin Care Products Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
RUSSIA
Russia Current & Future Analysis for Medicated Skin Care Products by Segment - Medicated Skin Care Products - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
Russia Historic Review for Medicated Skin Care Products by Segment - Medicated Skin Care Products Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
REST OF EUROPE
Rest of Europe Current & Future Analysis for Medicated Skin Care Products by Segment - Medicated Skin Care Products - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
Rest of Europe Historic Review for Medicated Skin Care Products by Segment - Medicated Skin Care Products Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
ASIA-PACIFIC
Asia-Pacific Current & Future Analysis for Medicated Skin Care Products by Geographic Region - Australia, India, South Korea and Rest of Asia-Pacific Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
Asia-Pacific Historic Review for Medicated Skin Care Products by Geographic Region - Australia, India, South Korea and Rest of Asia-Pacific Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
Asia-Pacific 15-Year Perspective for Medicated Skin Care Products by Geographic Region - Percentage Breakdown of Value Sales for Australia, India, South Korea and Rest of Asia-Pacific Markets for Years 2012, 2021 & 2027
AUSTRALIA
Australia Current & Future Analysis for Medicated Skin Care Products by Segment - Medicated Skin Care Products - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
Australia Historic Review for Medicated Skin Care Products by Segment - Medicated Skin Care Products Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
INDIA
Market Overview
India Current & Future Analysis for Medicated Skin Care Products by Segment - Medicated Skin Care Products - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
India Historic Review for Medicated Skin Care Products by Segment - Medicated Skin Care Products Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
SOUTH KOREA
South Korea Current & Future Analysis for Medicated Skin Care Products by Segment - Medicated Skin Care Products - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
South Korea Historic Review for Medicated Skin Care Products by Segment - Medicated Skin Care Products Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
REST OF ASIA-PACIFIC
Rest of Asia-Pacific Current & Future Analysis for Medicated Skin Care Products by Segment - Medicated Skin Care Products - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
Rest of Asia-Pacific Historic Review for Medicated Skin Care Products by Segment - Medicated Skin Care Products Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
LATIN AMERICA
Latin America Current & Future Analysis for Medicated Skin Care Products by Geographic Region - Argentina, Brazil, Mexico and Rest of Latin America Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
Latin America Historic Review for Medicated Skin Care Products by Geographic Region - Argentina, Brazil, Mexico and Rest of Latin America Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
Latin America 15-Year Perspective for Medicated Skin Care Products by Geographic Region - Percentage Breakdown of Value Sales for Argentina, Brazil, Mexico and Rest of Latin America Markets for Years 2012, 2021 & 2027
ARGENTINA
Argentina Current & Future Analysis for Medicated Skin Care Products by Segment - Medicated Skin Care Products - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
Argentina Historic Review for Medicated Skin Care Products by Segment - Medicated Skin Care Products Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
BRAZIL
Market Overview
Brazil Current & Future Analysis for Medicated Skin Care Products by Segment - Medicated Skin Care Products - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
Brazil Historic Review for Medicated Skin Care Products by Segment - Medicated Skin Care Products Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
MEXICO
Market Overview
EXHIBIt: Market Share of Leading Dermatologicals Players in Mexico (2021
Mexico Current & Future Analysis for Medicated Skin Care Products by Segment - Medicated Skin Care Products - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
Mexico Historic Review for Medicated Skin Care Products by Segment - Medicated Skin Care Products Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
REST OF LATIN AMERICA
Rest of Latin America Current & Future Analysis for Medicated Skin Care Products by Segment - Medicated Skin Care Products - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
Rest of Latin America Historic Review for Medicated Skin Care Products by Segment - Medicated Skin Care Products Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
MIDDLE EAST
Middle East Current & Future Analysis for Medicated Skin Care Products by Geographic Region - Iran, Israel, Saudi Arabia, UAE and Rest of Middle East Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
Middle East Historic Review for Medicated Skin Care Products by Geographic Region - Iran, Israel, Saudi Arabia, UAE and Rest of Middle East Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
Middle East 15-Year Perspective for Medicated Skin Care Products by Geographic Region - Percentage Breakdown of Value Sales for Iran, Israel, Saudi Arabia, UAE and Rest of Middle East Markets for Years 2012, 2021 & 2027
IRAN
Iran Current & Future Analysis for Medicated Skin Care Products by Segment - Medicated Skin Care Products - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
Iran Historic Review for Medicated Skin Care Products by Segment - Medicated Skin Care Products Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
ISRAEL
Israel Current & Future Analysis for Medicated Skin Care Products by Segment - Medicated Skin Care Products - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
Israel Historic Review for Medicated Skin Care Products by Segment - Medicated Skin Care Products Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
SAUDI ARABIA
Saudi Arabia Current & Future Analysis for Medicated Skin Care Products by Segment - Medicated Skin Care Products - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
Saudi Arabia Historic Review for Medicated Skin Care Products by Segment - Medicated Skin Care Products Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
UNITED ARAB EMIRATES
UAE Current & Future Analysis for Medicated Skin Care Products by Segment - Medicated Skin Care Products - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
UAE Historic Review for Medicated Skin Care Products by Segment - Medicated Skin Care Products Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
REST OF MIDDLE EAST
Rest of Middle East Current & Future Analysis for Medicated Skin Care Products by Segment - Medicated Skin Care Products - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
Rest of Middle East Historic Review for Medicated Skin Care Products by Segment - Medicated Skin Care Products Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
AFRICA
Africa Current & Future Analysis for Medicated Skin Care Products by Segment - Medicated Skin Care Products - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
Africa Historic Review for Medicated Skin Care Products by Segment - Medicated Skin Care Products Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
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