E-commerce is fastest growing segment fueling the growth of Anti-acne Cosmetics Market

 

Anti-acne Cosmetics Market

The global Anti-acne Cosmetics Market is estimated to be valued at US$ 2718.35 Mn in 2023 and is expected to exhibit a CAGR of 4.8% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.

 

Market Overview:

Anti-acne cosmetics include products like cleansers, toners, serums, moisturizers, masks etc. that help clear skin breakouts, reduce acne-causing bacteria and moisturize skin. They provide effective treatment of mild to moderate acne without side effects of prescription drugs.

 

Market key trends:

Growing popularity of online shopping and e-commerce platforms has significantly contributed to the growth of anti-acne cosmetics market. Consumers find it convenient to review product details, compare prices and read authentic reviews before purchasing skin care products online. Evolving lifestyles and increasing screen time have led to rise in stress levels among urban population, fueling the demand for soothing anti-acne products. Besides, manufacturers offering natural and organic anti-acne solutions without harsh chemicals are gaining traction among health conscious consumers. Furthermore, rising disposable income and changing consumer preferences towards premiumized cosmetic brands especially in emerging economies bodes well for the anti-acne cosmetics industry.

Segment Analysis

The global anti-acne cosmetics market is segmented based on product type and distribution channel. Based on product type, the market is segmented into cleansers, emulsions and gel creams, masks, scrub creams and others. The cleansers segment dominates the global market due to rising awareness about face cleansing among individuals to get clear skin. Cleansers are effective in removing pore-clogging dirt, oil and bacteria while hydrating and nourishing the skin.

 

Key Takeaways

The global anti-acne cosmetics market is expected to witness high growth, exhibiting CAGR of 4.8% over the forecast period, due to increasing awareness about skin care and wide availability of effective anti-acne cosmetic products.

 

Regional analysis - North America dominates the anti-acne cosmetics market owing to growing cosmetic industry and increased adoption of cosmetic products in the region. However, Asia Pacific is expected to witness the fastest growth due to rising millennial population, increasing disposable income and growing beauty consciousness in major Asian countries.

 

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. Major players are focused on launching innovative products and adopting partnership strategies to strengthen their foothold in the market.

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https://www.dailyprbulletin.com/anti-acne-cosmetics-market-size-share-growth-outlook-2023/

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