Global Anti-acne Dermal Patch Market Size To Exceed $ 0.97 Billion By 2033 | CAGR of 6.03%
Category: HealthcareGlobal Anti-acne Dermal Patch Market Size To Exceed $ 0.97 Billion By 2033
According to a research report published by Spherical Insights & Consulting, the Global Anti-acne Dermal Patch Market Size is to grow from USD 0.54 Billion in 2023 to USD 0.97 Billion by 2033, at a Compound Annual Growth Rate (CAGR) of 6.03% during the projected period.
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Browse key industry insights spread across 210 pages with 115 Market data tables and figures & charts from the report on the "Global Anti-acne Dermal Patch Market Size, Share, and COVID-19 Impact Analysis, By Type (Chemical Based and Herbal Based), By Age Group (10 to 17, 18 to 44, 45 to 64, and 65+), By Distribution Channel (Retail Stores, Pharmacies & Drug Stores, and E-Commerce Platform), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033" Get Detailed Report Description Here: https://www.sphericalinsights.com/reports/anti-acne-dermal-patch-market
Anti-acne dermal patch is a medicated patch filled with active ingredients that are responsible for eliminating acne-causing bacteria and reducing inflammation. Ingredients like hydrocolloids or hydrogels help to reduce the pain and inflammation caused by an acne breakout improve the absorption of medicated ingredients into the skin and prevent secondary infection in the acne. Acne is associated with a severe negative impact on the quality of life and is most common in adolescents and the female population. The antimicrobial and anti-inflammatory effects of herbal ingredients encourage the use of herbal-based anti-acne dermal patches. Further, the growing popularity of e-commerce and product brands are leveraging the market expansion. The growing acne incidence and skin sensitivity among adults & teens due to several factors are escalating the market demand for anti-acne dermal patches. Media commercialization like social media marketing and involvement in skincare influencers leads to boost adoption of this treatment which is accelerating the market growth. Several psychological and social concerns about acne and the increasing demand for instant acne treatment are significantly contributing to market growth. On the contrary, the lack of awareness about the anti-acne dermal patches and the availability of alternatives are restraining the global anti-acne dermal patch market.
The herbal based segment dominates the market with the largest revenue share through the forecast period.
Based on type, the global anti-acne dermal patch market is segmented into chemical based and herbal based. Among these, the herbal based segment dominates the market with the largest revenue share through the forecast period. The natural components in the herbal based anti-acne patches can cure wounds and have no negative side effects. For instance, fibroin, a wound-treating substance, is present in silk and mulberry anti-acne patches. The increasing trend for natural and holistic approaches to skincare products is escalating the demand for herbal anti-acne patches.
The 18 to 44 segment held the largest revenue share of the global anti-acne dermal patch market in 2023.
Based on the age group, the global anti-acne dermal patch market is segmented into 10 to 17, 18 to 44, 45 to 64, and 65+. Among these, the 18 to 44 segment held the largest revenue share of the global anti-acne dermal patch market in 2023. It has been discovered that this age group has the highest prevalence of acne. According to Botanix Pharmaceuticals Ltd, between the age group of 18 to 44 years, 54% of acne patients are diagnosed. Thus, the rising rates of acne and its negative impact on mental health are contributing to the market demand.
The pharmacies & drug stores segment dominated the global anti-acne dermal patch market with the largest revenue share in 2023.
Based on the distribution channel, the global anti-acne dermal patch market is segmented into retail stores, pharmacies & drug stores, and e-commerce platform. Among these, the pharmacies & drug stores segment dominated the global anti-acne dermal patch market with the largest revenue share in 2023. The use of OTC products from pharmacies & drug stores is increasing owing to the preference for self-management of acne. The rising consumer demand for instant acne solutions and media commercialization of the products are expanding the market.
Asia-Pacific dominates the market with the largest market share over the forecast period.
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Asia-Pacific dominates the market with the largest market share over the forecast period. The presence of key market players and the adoption of novel dermal acne patches in the region are leveraging the market growth. Asian countries such as South Korea, which have established themselves as one of the oldest countries commercializing acne patches are significantly responsible for driving the regional market. In addition, the increasing prevalence of skin conditions among the population surges the need for treatment is driving the market demand.
North America region is expected to grow the fastest during the forecast period. The widespread use of cutting-edge dermal acne patches is significantly contributing to driving the market. The increase in unhealthy lifestyles among adolescents and young people alters their metabolism generally and raises the risk of acne. Thus, the changing lifestyle of the consumers in the region is bolstering the market. The presence of numerous well-established industry players in countries like the US and Canada as well as the expansion of their business are driving the regional market growth.
Major vendors in the global anti-acne dermal patch market are ZitSticka, Alba Botanica, Peace Out Skincare, 3M, Sephora USA, Inc., Starface, Peach & Lily, COSRX, Peter Thomas Roth Labs LLC, Rael, DermaAngel, Hero Cosmetics, Urban Outfitters, Church & Dwight, BenQ Materials Corp., and Other Key Players.
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting and Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Recent Developments
- In September 2022, Hero Cosmetics was acquired by Church & Dwight, a consumer and specialty goods manufacturing and distribution company, for $630 million. These include anti-acne skincare products and patches.
Market Segment
This study forecasts revenue at global, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the Anti-acne Dermal Patch Market based on the below-mentioned segments:
Global Anti-acne Dermal Patch Market, Type Analysis
- Chemical Based
- Herbal Based
Global Anti-acne Dermal Patch Market, Age Group Analysis
- 10 to 17
- 18 to 44
- 45 to 64
- 65+
Global Anti-acne Dermal Patch Market, Distribution Channel Analysis
- Retail Stores
- Pharmacies & Drug Stores
- E-Commerce Platform
Global Anti-acne Dermal Patch Market, Regional Analysis
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- Uk
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of Middle East & Africa
About the Spherical Insights & Consulting
Spherical Insights & Consulting is a market research and consulting firm which provides actionable market research study, quantitative forecasting and trends analysis provides forward-looking insight especially designed for decision makers and aids ROI.
Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company's mission is to work with businesses to achieve business objectives and maintain strategic improvements.
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