The global anti-acne cosmetics market size was exhibited at USD 4.57 billion in 2022 and is projected to hit around USD 10.92 billion by 2032, growing at a CAGR of 9.1% during the forecast period 2023 to 2032.
Key Pointers:
Anti-acne Cosmetics Market Report Scope
Report Coverage |
Details |
Market Size in 2023 |
USD 4.99 Billion |
Market Size by 2032 |
USD 10.92 Billion |
Growth Rate From 2023 to 2032 |
CAGR of 9.1% |
Base Year |
2022 |
Forecast Period |
2023 to 2032 |
Segments Covered |
Product type, Gender, End-use, |
Market Analysis (Terms Used) |
Value (US$ Million/Billion) or (Volume/Units) |
Regional Scope |
North America; Europe; Asia Pacific; Central and South America; the Middle East and Africa |
Key Companies Profiled |
L’Oréal Paris; MURAD LLC (UNILEVER); NEUTROGENA (Johnson & Johnson Services, Inc.); Clinique Laboratories, LLC (ESTEE LAUDER); Vichy Laboratories; PCA Skin; Obaji; Skin Medica; Skin Better Science; Colorescience; Sente; Jan Marini Skin Research; Revision Skincare; The BeautyHealth Company; Glow Biotics LLC; Perricone MD |
The negative social stigma associated with acne and the rising consumption of cosmetics by both men and women, especially from emerging economies are majorly estimated to drive the market growth. The aesthetics industry witnessed significant setbacks due to the COVID-19 pandemic. Since the majority of the cosmetic products are not a medical necessity, lockdown in several countries led to the closure of several beauty salons & med spas, dermatology clinics, and retail stores. However, the online sales of anti-acne cosmetics surged by the end of 2020 as COVID-19 restrictions were eased.
Moreover, the incidence of acne increased during the pandemic, which, in turn, accelerated the market growth. Acne is a highly prevalent skin disorder among adolescents. According to an article published by the Journal of The European Academy of Dermatology and Venereology, more than 95% of boys and nearly 85% of girls are affected by acne during their adolescence. Out of these, nearly 40% experience moderate‐to‐severe acne and nearly 50% continue to have acne in their adulthood. The high prevalence of acne, especially in the young population, is anticipated to fuel market growth. The anti-acne mask segment in the U.S is expected to grow at a significant CAGR from 2023 to 2032.
Acne patients are prone to suffer from anxiety, depression, low self-esteem, poor quality of life, and loneliness. This can be attributed to the emotional and mental associations that an individual has with his/her appearance. According to a study published in the International Journal of Women’s Dermatology, decreased self-esteem and increased embarrassment were observed in nearly 64% and about 89% of women with moderate and severe acne, respectively. These psychological issues are anticipated to prompt patients to seek cosmetic solutions to improve their appearance, thereby driving market growth. These psychological effects are also indirectly fueled by the increasing usage of social media and photo-editing apps.
Furthermore, factors, such as the increasing number of e-commerce platforms selling these products, growing internet penetration, and rapid urbanization, are estimated to boost the demand for these products among the target population, especially in developing economies. Social media is one of the biggest market influencers. The impact of social media on esthetics has been massive, especially in terms of how consumers perceive and project themselves. According to a survey conducted by Dove, nearly 82% of women believed that social media can alter existing beauty standards. Furthermore, increasing awareness regarding various products and their features is anticipated to positively impact the market growth.
Consumers are well aware of the price, advantages, and side effects of products, which helps them make well-informed purchase decisions. Despite the adverse impact of the COVID-19 pandemic on several industries, skincare product manufacturers have witnessed an increase in product sales. Cases of skin irritation, such as acne, increased during the COVID-19 period due to prolonged use of face masks. As a result of this, consumers relyon skin care products to keep their skin hydrated. An Australian skincare brand, Real-u Skincare, witnessed a boost in sales of its products amid the COVID-19 pandemic. Moreover, a key cosmetic manufacturer, L’Oréal, reported a 40% growth in its online cosmetics sale globally in 2020. Thus, lucrative opportunities lie ahead for the anti-acne cosmetic manufacturers.
Some of the prominent players in the Anti-acne Cosmetics Market include:
Segments Covered in the Report
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2032. For this study, Nova one advisor, Inc. has segmented the global Anti-acne Cosmetics market.
By Product Type
By Gender
By End-use
By Region