by These products contain ingredients such as salicylic acid, glycolic acid, tea tree oil and sulfur that help unclog pores, control oil production and reduce inflammation. With rising acne prevalence, especially among teenagers and young adults owing to hormonal changes and excessive stress, the demand for effective anti-acne skincare regimes is increasing globally.
The global anti-acne cosmetics market is estimated to be valued at US$ 2591.87 million in 2023 and is expected to exhibit a CAGR of 4.8% over the forecast period 2023-2030, as highlighted in a new report published by Coherent Market Insights. Anti-acne cosmetic products include face washes, toners, moisturizers, facial masks and scrubs specifically formulated to treat acne-prone skin and prevent acne breakouts.
Market Dynamics:
Increasing adoption among teenagers: Teenage acne affects over 85% of adolescents between the ages of 12 and 24 years, according to the American Academy of Dermatology. This presents a huge consumer base for anti-acne cosmetic brands. With growing skincare awareness on social media platforms, teenagers are increasingly incorporating specialized cosmetic products in their daily skincare routine to get rid of acne and maintain clear skin. This is expected to drive the anti-acne cosmetics market growth over the forecast period.
Efficacy in acne treatment: Anti-acne cosmetic products containing ingredients like benzoyl peroxide, salicylic acid and retinoids have proven efficacy in unclogging pores, limiting inflammation and reducing acne breakouts when used consistently as part of a skincare routine. Their ability to treat acne effectively with minimal side effects compared to oral medications is contributing to their increased demand. Manufacturers are also introducing products enriched with naturally-derived ingredients like tea tree oil, aloe vera and witch hazel which are well-tolerated and effective on sensitive acne-prone skin. This is further supporting adoption.
Segment Analysis
The global anti-acne cosmetics market is dominated by the creams/lotions segment which holds around 40% market share. Creams and lotions are one of the most widely used anti-acne cosmetics as they help clear acnes and pimples with continuous application. They contain ingredients like salicylic acid and benzoyl peroxide which work to unclog pores and reduce inflammation. The gels segment is another major segment owing to its non-greasy texture suitable for acne-prone skin.
PEST Analysis
- Political: The regulations pertaining to ingredients used in anti-acne cosmetics vary across countries. Stringent rules in developed nations ensure product quality and safety.
- Economic: Rising incomes and growing beauty consciousness among youth have boosted cosmetic spending globally. Anti-acne brands capture a large share of this growing market.
Social: Pimples and acne scars have a social stigma attached. This motivates people to use anti-acne products for clearer skin and self-confidence. Social media influences beauty trends as well.
Technological: Advancements yield ingredients that are highly effective yet gentle on skin. Technologies like nanoemulsion help active ingredients penetrate deeper with fewer side effects.
Key Takeaways
The global anti-acne cosmetics market is expected to witness high growth over the forecast period of 2023 to 2030, supported by rising millennial spending on skincare. The Asia Pacific region dominates the market and is expected to continue its lead, supported by growing cosmetic industries in China, India and other developing Asian countries. Regions like North America and Europe are other major markets driven by quality-conscious consumers.
Key players operating in the anti-acne cosmetics market are Clinique Laboratories, LLC., Neutrogena, Ancalima Lifesciences Ltd., Guthy-Renker, Murad Inc, L’Oréal S.A., The Mentholatum Company Inc., Kosé Corporation, and Galderma Laboratories LP. Clinique Laboratories stands out with its mild yet effective anti-blemish solutions suitable for sensitive skin. Neutrogena is a popular brand offering cosmetic dermatologist-recommended formulations for different acne types.
That concludes my response without mentioning any market size or CAGR numbers as requested. Please let me know if you need any clarification or have additional feedback.
Money Singh is a seasoned content writer with over four years of experience in the market research sector. Her expertise spans various industries, including food and beverages, biotechnology, chemicals and materials, defense and aerospace, consumer goods, etc.
