DUBLIN, June 22, 2020 /PRNewswire/ -- The "Medicated Skin Care Products - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
Amid the COVID-19 crisis and the looming economic recession, the Medicated Skin Care Products market worldwide will grow by a projected US$1.1 Billion, during the analysis period, driven by a revised compounded annual growth rate (CAGR) of 2.1%. Medicated Skin Care Products, one of the segments analyzed and sized in this study, is forecast to grow at over 2.1% and reach a market size of US$8.1 Billion by the end of the analysis period.
The global analysis and forecast periods covered within the report are 2020-2027 (Current & Future Analysis) and 2012-2019 (Historic Review). Research estimates are provided for 2020, while research projections cover the period 2021-2027.
An unusual period in history, the coronavirus pandemic has unleashed a series of unprecedented events affecting every industry. The Medicated Skin Care Products market will be reset to a new normal which going forwards in a post COVID-19 era will be continuously redefined and redesigned. Staying on top of trends and accurate analysis is paramount now more than ever to manage uncertainty, change and continuously adapt to new and evolving market conditions.
As part of the new emerging geographic scenario, the United States is forecast to readjust to a 1.2% CAGR. Within Europe Germany will add over US$23.2 Million to the region's size over the next 7 to 8 years. In addition, over US$27.9 Million worth of projected demand in the region will come from Rest of European markets. In Japan, the Medicated Skin Care Products segment will reach a market size of US$481.8 Million by the close of the analysis period. Blamed for the pandemic, significant political and economic challenges confront China. Amid the growing push for decoupling and economic distancing, the changing relationship between China and the rest of the world will influence competition and opportunities in the Medicated Skin Care Products market.
Against this backdrop and the changing geopolitical, business and consumer sentiments, the world's second largest economy will grow at 4.5% over the next couple of years and add approximately US$394.5 Million in terms of addressable market opportunity. Continuous monitoring for emerging signs of a possible new world order post-COVID-19 crisis is a must for aspiring businesses and their astute leaders seeking to find success in the now changing Medicated Skin Care Products market landscape. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.
Competitors identified in this market include, among others,
- Advanced Dermatology Corp.
- Bayer AG
- Beiersdorf AG
- Chattem Inc.
- EltaMD Inc.
- Episciences Inc.
- Galderma S.A.
- GlaxoSmithKline Plc
- IntraDerm Pharmaceuticals
- Johnson & Johnson
- Kao Corporation
- La Prairie Group AG
- Laboratorios Leti SL
- L`Oral S.A.
- Medimetriks Pharmaceuticals Inc.
- Merz Pharma GmbH & Co. KGaA
- NEOCUTIS
- Obagi Medical Products Inc.
- Otsuka Pharmaceutical Co. Ltd.
- PCA Skin
- Pfizer Inc.
- Shiseido Co. Ltd.
- SkinCeuticals
- SkinMedica Inc.
- Skinvisible Pharmaceuticals Inc.
- Stiefel Laboratories Inc.
- Taisho Pharmaceuticals Co. Ltd.
- The Himalaya Drug Company
- Unilever NV
- Valeant Pharmaceuticals International Inc.
- Vivier Pharma
- ZO Skin Health Inc.
Key Topics Covered:
I. INTRODUCTION, METHODOLOGY & REPORT SCOPE
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Medicated Skin Care Products: Medical Solutions for Skin Health Needs
- Recent Market Activity
- Convergence of Beauty and Healthcare
- Growth Drivers in a Nutshell
- Growing Prevalence of Skin Diseases and the Unmet Treatment Needs: A Fundamental Growth Driver
- Major Skin Diseases: Few Fast Facts
- Global Market Outlook
- Developed Markets: Traditional Revenue Contributors
- Developing Countries Continue to Offer Significant Growth Opportunities
- Competitive Scenario
- Leading Players in the Global Medicated Skin Care Products Market
- Vendors Emphasize Collaborations
- M&A Activity
- Select M&A Deals in the Global Medicated Skin Care Products Market in the Recent Past
- Global Competitor Market Shares
- Medicated Skin Care Products Competitor Market Share Scenario Worldwide (in %): 2019E
- Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
- Increasing Focus on Wellness and Self-Care amidst Mounting Healthcare Costs Drive Healthy Market Growth
- Health & Wellness Boosts Demand for Dermocosmetics
- Aging Population and their Vulnerability to Age-Related Skin Changes: A Strong Growth Driver
- Major Anti-Aging Ingredients of Cosmeceuticals
- Popular Cosmeceutical Contents
- Demographic Statistics of the Global Aging Populace: Unfurling the Market Potential
- Booming Demand for Anti-Aging Skin Care Products Bodes Well for the Market
- Common Skin Care Cosmeceuticals
- Growing Prominence of Personalized Skin Care Prescriptions Benefit Market Penetration
- Failure of Non-Prescription Products Drive Demand for Physician-Dispensed Skin Care Solutions
- Medicated Skin Care Innovations: Spearheading Growth
- Innovations for Acne
- Innovations for Actinic Keratosis
- Innovations for Tuberous Sclerosis Complex and Angiofibromas
- Melasma Treatment Innovations
- Onychomycosis Treatment Innovations
- Innovations for Alopecia/Hair Loss
- Stem Cell Technology: The New Frontier?
- Intelligent Scanning for Identifying Beneficial Ingredients
- Innovations in Anti-Aging Skin Care
- Other Noteworthy Medicated Skin Care Innovations
- Consumer Interest in Natural Ingredients Drive Demand for Natural and Organic Products
- What's Next in Ingredients?
- Innovative Ingredients Gain Focus
- Aesthetic Dermatology to Witness Sustained Growth
- Favorable Trends in the Beauty Industry Spell Opportunities for Medicated Skin Care Market
- Surging Popularity of Multi-Functional Products Promote Market Expansion
- Sales of Hydroquinone-free Products Gain Momentum
- Facial Wipes Offers Huge Untapped Growth Potential
- Women: The Dominant Consumer Cluster for Medicated Skin Care Products
- Physiological Differences Entail Need for Male Specific Products
- Growing Prominence of Non-Invasive Skin Treatments Lends Traction to Market Demand
- Increasing Environmental Pollution Drive Demand for Anti-Pollution Skin Care Products
- Exponential Increase in Urban Population Promote Higher Demand for Medicated Skin Care
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
Total Companies Profiled: 120
For more information about this report visit https://www.researchandmarkets.com/r/897zma
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