Global Anti-Acne Cosmetics Market Size, Competitive Analysis, Share, Forecast- 2019-2025


Posted August 31, 2020 by preeti18

The global anti-acne cosmetics market is estimated to grow at a CAGR of nearly 8.0% during the forecast period
 
The global anti-acne cosmetics market is estimated to grow at a CAGR of nearly 8.0% during the forecast period. The major factors contributing to the growth of the market include the growth in the cosmetics industry and increasing preference towards organic and natural skincare products. There is an increasing demand for cosmetic products owing to the rising disposable income and increasing consumer awareness regarding major cosmetic brands. As per the International Trade Administration (ITA), South Korea is the 8th largest cosmetics market across the globe, which represents approximately 3.0% of the global market. In 2017, South Korea cosmetics market was stood at nearly $8.8 billion and the total exports and total local production increased by nearly 18.3% and 3.6%, respectively from 2016.

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Online distribution channels are becoming popular among South Korean consumers to buy cosmetic products. The country has a considerable smartphone ownership rate/ broadband penetration rate and the fastest average internet speed. Sales through mobile shopping have increased considerably in the recent period. As per the Korean National Statistical Office, online shopping market transactions increased 19.2% year-on-year to $68 million in 2017. Among these, mobile shopping transactions valued $42 billion, increased 35% from 2016, accounting for 61% of total online shopping.

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Anti-acne creams and cleanser have been gaining significance in the cosmetics segment which aims to prevent and treat acne scarring. As per the University Of California, Berkeley, acne primarily affects teens; over 85% experience at least a mild form of such condition. It normally occurs on the face, shoulders, neck, chest, and back. This encourages the demand for anti-acne treatment and thereby leads to the adoption of anti-acne creams, lotions, and toners.

Market Segmentation

Global Anti-Acne Cosmetics Market by Product
Creams and Lotions
Cleanser and Toner
Mask
Others
Global Anti-Acne Cosmetics Market by End-Use
Women
Men
Global Anti-Acne Cosmetics Market by Distribution Channel
Online
Offline
Regional Analysis

North America
United States
Canada
Europe
UK
Germany
Italy
Spain
Franc
Rest of Europe
Asia-Pacific
China
India
Japan
Rest of Asia-Pacific
Rest of the World
Company Profiles

Ancalima Lifesciences Ltd.
Beiersdorf AG
Biotique
Clinique Laboratories, LLC
Crown Laboratories, Inc.
Galderma S.A.
Himalaya Global Holdings Ltd.
Johnson & Johnson Services, Inc.
Kao Corp.
Khadi Natural
KOSÉ Corp.
L’Oréal SA
Lion Corp.
Lotus Herbals Pvt. Ltd
Reckitt Benckiser LLC
Re'equil India Pvt. Ltd.
The Mentholatum Co.
The Proactiv Company LLC
Unilever PLC
Vedantika Herbals
Vidhita Herbs
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Issued By preeti
Country India
Categories Business
Tags global antiacne cosmetics market
Last Updated August 31, 2020