Global Dermatological Products Market Outlook
The global dermatological products market is estimated at USD 15,500 Million in 2022 and is forecast to reach USD 26,400 Million by 2032, growing at a CAGR of 5.4% during 2022-2032.
The global dermatological products market accounts for ~12% of the global skin care products market in 2022. The global dermatological products market is estimated to have an absolute $ opportunity of USD 10,900 Million during the assessment period of 2022-2032.
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Global Dermatological Products Market by Category
By Product Type :
- Acne Treatment Products
- Skin Moisturizer
- Sunscreen Products
- Scar & Stretch Mark Products
By Form :
By Consumer Orientation :
- Female Dermatological Products
- Male Dermatological Products
- Kids Dermatological Products
By Sales Channel :
- Online Sales
- Offline Sales
- Modern Trade
- Specialty Stores
- Mono-Brand Stores/Independent/Franchised Stores
- Drug Stores
By Region :
- North America
- Latin America
- East Asia
- South Asia
Competitive Landscape: Top Companies in Dermatological Products Market
The global dermatological products market is highly fragmented and competitive owing to the existence of many domestic and regional players. Various marketing strategies are adopted by key players such as mergers and acquisitions, expansions, collaborations and partnerships.
Also, new product development as a strategic approach is adopted by the leading companies to upscale their market presence among consumers. These strategies have resulted in the incorporation of advanced dermatological products.
Fact.MR has provided detailed information about price points of top manufacturers of dermatological products positioned across regions, sales growth, production capacity, and speculative technological expansion in the recently published report.
For instance: Johnson & Johnson Inc. announced in 2022, that Avicanna Inc., the first cannabinoid company is going to be a part of Johnson & Johnson incubator JLABS, which is readying for pharmaceutical distribution. JLABS, provides a favorable flexible environment for company’s startup nature, pursuing research and launching new technologies to advance medical care.