The global acne treatment market size was USD 9.10 Billion in 2021 and is expected to register a revenue CAGR of 4.6% over the forecast period, according to the latest analysis by Emergen Research
The global acne treatment market size was USD 9.10 Billion in 2021 and is expected to register a revenue CAGR of 4.6% over the forecast period, according to the latest analysis by Emergen Research.The market is driven by factors such as the increasing prevalence of acne, the availability of new and innovative products, and the growing awareness about acne treatment. However, the high cost of treatment and the side effects associated with some acne treatments are expected to restraint market growth.
Acne is one of the most common skin conditions, affecting millions of people around the globe. While it is most commonly associated with adolescence, acne can occur at any age. Acne occurs when the hair follicles become clogged with oil and dead skin cells, which can lead to inflammation and the formation of pimples, blackheads, and whiteheads.
There is no one-size-fits-all acne treatment, as the right approach depends on the type and severity of the acne. However, there are a number of options available, including over-the-counter (OTC) products, prescription medications, and home remedies.
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Rising demand for personal wellness and appearance among individuals is a key driver for growth of the acne treatment market. According to the National Institute of Health, acne is a disease that affects mainly teenagers, but it can occur at any age. It is characterized by pimples that most often appear on the face, neck, shoulders, chest, and back. Acne usually appears during adolescence and usually goes away after several years. However, some people have acne for many years. There are different types of acne, but the most common is called acne vulgaris, which refers to pimples that appear on the face, neck, shoulders, chest and back.
Acne treatments are available in various forms, including gels, creams, lotions, soaps, and ointments. The global acne treatment market is expected to grow at a significant rate during the forecast period on account of rising awareness about personal appearance and hygiene among individuals. In addition, rising disposable incomes and changing lifestyles are projected to fuel growth of the global acne treatment market during the forecast period.
However, side effects associated with some acne treatments are anticipated to hamper growth of the global acne treatment market during the forecast period. Some of the common side effects associated with acne treatments include skin irritation, redness, and dryness. In addition, certain acne treatments can also lead to photosensitivity.
Some Key Highlights from the Report
- The antibiotics segment revenue is expected to account for largest revenue share over the forecast period owing to its high efficacy in the treatment of acne. In Addition, easy availability and lower prices are some of the factors that have driven the adoption of antibiotics for acne treatment over the past few years.
- The herbal medicines segment accounted for a significant revenue share in 2016 and is expected to grow at a moderate rate over the forecast period. The segment growth can be attributed to the increase in demand for natural products owing to their fewer side effects as compared to synthetic medicines.
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- The Asia Pacific acne treatment market is expected to grow at the highest CAGR over the forecast period owing to increase in awareness about acne and its treatments, rise in disposable incomes, and growth in the number of beauty clinics & spas. Moreover, presence of large patient population base is another factor expected to boost the market growth in this region.
- The North America market will register a significantly robust revenue growth rate during the forecast period due to the large patient population base in the US and rising awareness about acne treatments. In addition, the presence of key market players in the region will also contribute to the market growth.
- Some major companies in the market report include Botanix Pharmaceuticals, Galderma S.A., Ortho Dermatologics (Bausch Health Companies Inc.), GSK plc, Bayer AG, Johnson & Johnson Services, Inc., Pfizer Inc., AbbVie Inc., Teva Pharmaceutical Industries Ltd., and Almirall, S.A
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Emergen Research has segmented the global acne treatment market based on product, administration, end user, and region:
- Product Outlook (Revenue, USD Billion, 2019–2030)
- Retinoids
- Antibiotics
- Isotretinoin
- Others
- Administration Outlook (Revenue, USD Billion, 2019–2030)
- Oral
- Topical
- Injectable
- End User Outlook (Revenue, USD Billion, 2019–2030)
- Hospitals
- Skincare Clinics
- Regional Outlook (Revenue, USD Billion, 2019–2030)
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Spain
- BENELUX
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Rest of LATAM
- Middle East & Africa
- Saudi Arabia
- UAE
- Israel
- Rest of Middle East & Africa
- North America
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