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Anti-acne Cosmetics Market Size – By Product, By End Use, By Price Range, By Distribution Channel Analysis, Share, Growth Forecast, 2024 - 2032
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Anti-acne Cosmetics Market
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Base Year: 2023
Companies covered: 15
Tables & Figures: 275
Countries covered: 18
Pages: 225
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Anti-acne Cosmetics Market Size
The global anti-acne cosmetics market size was valued at USD 5.9 billion in 2023. The market is expected to grow from USD 6.2 billion in 2024 to USD 9.4 billion in 2032, at a CAGR of 5.3%.
The surging market for anti-acne cosmetics is fueled by the increased expenditure by consumers on skincare products. Consumers have become more informed regarding skincare and recognized its significance in health and well-being. The American Academy of Dermatology Association estimates indicate there are approximately 50 million Americans that suffer from acne annually, making it the most widespread skin ailment in the U.S.
Especially among adult women, a condition termed as adult acne has afflicted approximately 15%. A significant number, roughly 85%, experience at minimum minor acne issues between the ages of 12 to 24. In America, more than 6 billion dollars are spent trying to deal with acne and its effects every single year. But only 10% of the people make the effort to consult a dermatologist. The rest rely on commercially available solutions.
Increasing demand for natural and organic products is majorly boosting the growth in the global anti-acne cosmetics market. Consumers are becoming more aware of the ingredients used in their skincare products and hence are demanding products that are natural and organic in nature, as they are perceived to be safer and healthier for the skin. Growing awareness of potential side effects from synthetic ingredients has led consumers to prefer products formulated with natural ingredients, which are often seen as gentler and less irritating.
According to Ulta’s Beauty Consumer Insights survey for the year 2023, it found that 90% of Gen Z and younger millennials expect to buy into the products offered in the clean beauty category over the next few years.
Anti-acne Cosmetics Market Trends
Anti-acne Cosmetics Market Analysis
Based on the product type segment, the market is further bifurcated into masks, creams & lotions, cleansers & toners, and others. The creams & lotions segment was valued at USD 2.7 billion in 2023 and is projected to reach USD 4.3 billion by 2032.
Based on the distribution channel, the global anti-acne cosmetics market is categorized online and offline. The offline segment was valued at USD 4.4 billion in 2023 and is anticipated to grow with a CAGR of 5.2% during the forecast period.
Anti-acne Cosmetics Market Share
In 2023, L’Oréal, Galderma, Unilever, Johnson & Johnson, Estée Lauder Companies Inc., and Procter & Gamble collectively held a 15% to 20% share of the global market. These companies have taken a more proactive approach in strengthening their market positions which include focusing on innovations, forming strategic partnerships, and expanding into new developing economies.
L’Oreal's expansion into premium skincare brands, such as La Roche-Posay, has been fueled by their proprietary research and development formulations and dermatological solutions.
Galderma has developed a prescription-strength focus on dermatology through its knowledge in the field and collaboration with health specialists.
Sustainability and clean beauty have become part of Unilever's acne care branding strategy as exemplified by their Simple and Vaseline products which use natural ingredients.
Neutrogena has also built its market position by developing and marketing science-based skincare supported by clinical studies and dermatologist endorsements, like Johnson & Johnson.
The Estée Ladies Companies Inc. has developed a brand focusing on luxury skincare, for anti-acne solutions, through Clinique.
With Olay and other household brands, Procter & Gamble has concentrated on dermatologist-approved anti-acne products for general consumers.
Anti-acne Cosmetics Market Companies
Major players operating in the anti-acne cosmetics industry are:
To improve the position in the market, industry leaders initiated significant strategies involved innovating products such as new dermatologist-recommended cuts and clean beauty. E-commerce and direct sales to customers increased accessibility, while digital presence was improved. Acquisitions and collaborations with dermatological research institutes helped enhance their overall credibility. Eco-friendly and cruelty-free product packaging contributed to many consumer niches, but it was the rebranding efforts that helped gain the most traction.
In May 2022, Honasa Consumer Pvt. Ltd. (HCPL), strengthened its position in the skincare market with the acquisition of Dr. Sheth's, a premium skincare brand known for its dermatologist-formulated products. Dr. Sheth's focuses on providing solutions for sensitive and acne-prone skin, leveraging clinical expertise to create effective, gentle skincare formulations. This strategic acquisition allows HCPL to broaden its product offerings, especially in the premium segment, and enhance its portfolio with products that cater to more specialized skincare needs.
Anti-acne Cosmetics Industry News
The Anti-acne cosmetics market research report includes in-depth coverage of the industry, with estimates & forecast in terms of revenue (USD Billion) and volume (Thousand Units) from 2018 to 2032, for the following segments:
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Market, By Product Type
Market, By End Use
Market, By Price Range
Market, By Distribution Channel
The above information is provided for the following regions and countries: