USD 9.164 billion
Global Acne Treatment Market Size, Share, Growth Analysis, By Type(Retinoids, Antibiotics), By Route of Administration(Oral, Topical), By Age Group(10 to 17, 18 to 44), By Distribution Channel(Hospital Pharmacies, Retail & Online Pharmacies) - Industry Forecast 2023-2030
Report ID: SQMIG35B2040 | Region: Global | Published Date: October, 2022 | Pages: 165 | Tables: 117 | Figures: 77
Global Acne Treatment Market Insights
Acne Treatment Market size was valued at USD 9.164 billion in 2021 and is poised to grow from USD 9.6 billion in 2022 to USD 13.2 billion by 2030, growing at a CAGR of 4.63% in the forecast period (2023-2030).
Acne is a skin ailment caused by clogged hair follicles with dead skin cells and oil. Although it affects people of various ages, this ailment is most frequent in adolescents. Antibiotics, retinoids, and retinoid-like medicines are the most commonly used medications. One of the primary reasons driving worldwide demand for the product over the predicted period is the rising frequency of skin problems.
Factors such as the rising incidence of acne vulgaris in teens and adults, rising sedentary lifestyles and bad eating habits, and rising desire for less invasive cosmetic treatment techniques have increased demand and spurred the market expansion. However, safety concerns about the medications used for acne therapy are impeding market expansion.
Acne vulgaris is a prevalent skin disorder that affects around 9.4% of the world's population, with teens having the highest frequency. It affects nearly 90% of men and 80% of women across all ethnic groupings. Acne is the most prevalent skin problem in the United States, impacting 50 million people each year, according to the American Academy of Dermatology Association.
Additional research has found that the likelihood of having acne rises owing to a variety of variables including genetics, mental stress, menstruation, hot and humid weather, and oily cosmetics.
US Acne Treatment Market is poised to grow at a sustainable CAGR for the next forecast year.
Market snapshot - 2023-2030
Global Market Size
Fastest Growth
retinoids
Growth Rate
4.63% CAGR
Global Acne Treatment Market ($ Bn)
Country Share for North America (%)
Global Acne Treatment Market BY Type (%)
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Global Acne Treatment Market Segmental Analysis
Acne Treatment Market is segmented on the basis of type, route of administration, age group, and distribution channel. Based on the type, the market is segmented into retinoids, antibiotics, isotretinoin, and others. Based on the route of administration, the market is segmented into Oral, Topical. Based on the Age Group the Acne Treatment Market is segmented into 10 to 17, 18 to 44, 45 to 64, and 65 and above. Based on the distribution channel, the market is segmented into hospital pharmacies, retail & online pharmacies. Based on the region, the market is segmented into North America, Europe, Asia-Pacific, South America, And MEA.
Acne Treatment Market Analysis by Type
In 2022, the antibiotics sector retained a higher market share. This is due to the increasing acceptance of antibiotics for acne therapy, and their strong efficacy in exudate control. As a result, antibiotics dominated the worldwide market and are considered as the most valuable shareowner. The retinoids category is expected to grow at a faster CAGR by 2030 as the prevalence of moderate to severe acne rises, increasing the demand for retinoids. For example, Sun Pharmaceutical Industries Ltd. announced the launch of ABSORICA LD (Isotretinoin) capsules in the United States in February 2020 to treat severe recalcitrant nodular acne in individuals 12 years of age and older.
Acne Treatment Market Analysis by Route of Administration
The topical category is expected to dominate the market throughout the projected period. The rising number of firms producing topical treatments for acne treatment is driving the global market expansion. This is due to the patient population suffering from the ailment, which is primarily interested in topical remedies due to their ease of availability and comfort.
Global Acne Treatment Market BY Type, 2021 (%)
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Global Acne Treatment Market Regional Insights
In 2022, North America accounted for USD 4.80 billion. The region’s dominance is due to the increasing frequency of acne throughout the region, as well as rising population concerns about appearance. As a result, big firms are launching new medications in the North American market. Europe will be the second leading market in terms of market size. Presence of well-established companies with a large consumer base is expected to enable more growth opportunities for the European market.
Global Acne Treatment MarketBy Region, 2023-2030
- Largest
- Fastest
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Global Acne Treatment Market Dynamics
Acne Treatment Market Driver
Acne's Global Increase Will Drive Market Growth
Skin disorders are becoming more common all around the world. As a result, the number of patients choosing the treatment is fast expanding in North America, Europe, and the Asia Pacific. The advent of numerous acne therapy medications, such as retinoids, isotretinoin, and antibiotics in oral and topical forms is raising global knowledge of acne products and available treatment alternatives. As a result, rising patient awareness is expected to drive market expansion.
Reduced costs for acne treatments and rising demand for hormonal therapy are two key factors propelling the market's revenue growth. The majority of topical treatments are ineffective on the cystic lumps that hormonal acne typically presents as. Users of oral medications may experience hormone balancing and internal skin clearing. Similar to this, anti-androgen medications work by reducing men's levels of androgen. Additionally, both men and women naturally produce this hormone in large amounts. However, an excess of androgen can worsen acne by interacting with the hair follicles that control the production of skin cells and oil. Hormonal therapies can be used to treat therapy-resistant acne in patients without hyperandrogenism as well as those who have cutaneous or biochemical signs of hyperandrogenism. It is anticipated that this will cause the demand for hormonal therapy to rise quickly.
Acne Treatment Market Restraint
Adoption is being hampered by side effects associated with currently available drugs
- Despite the global prevalence of chronic acne, some constraints impede the growth of the acne treatment industry. According to the National Center for Biotechnology Information (NCBI), the most common adverse effects of antibiotics are nausea, vomiting, or diarrhoea, which occur in around 7% of tetracycline patients and 4% of macrolide patients. The Food and Drug Administration (FDA) of the United States has issued a warning against the use of some over-the-counter (OTC) drugs that might induce potentially fatal allergic reactions or extreme irritation.
- The skin positivity movement and a lack of knowledge about skin conditions, however, are limiting market revenue growth. The skin positivity movement concentrates on altering perceptions of skin and emphasizes on external appearance. The idea of embracing and loving one's skin, flaws and all is promoted by skin positivity.
- Skin disorders are becoming more common all around the world. As a result, the number of patients choosing the treatment is fast expanding in North America, Europe, and the Asia Pacific. The advent of numerous acne therapy medications, such as retinoids, isotretinoin, and antibiotics in oral and topical forms is raising global knowledge of acne products and available treatment alternatives. As a result, rising patient awareness is expected to drive market expansion.
- Reduced costs for acne treatments and rising demand for hormonal therapy are two key factors propelling the market's revenue growth. The majority of topical treatments are ineffective on the cystic lumps that hormonal acne typically presents as. Users of oral medications may experience hormone balancing and internal skin clearing. Similar to this, anti-androgen medications work by reducing men's levels of androgen. Additionally, both men and women naturally produce this hormone in large amounts. However, an excess of androgen can worsen acne by interacting with the hair follicles that control the production of skin cells and oil. Hormonal therapies can be used to treat therapy-resistant acne in patients without hyperandrogenism as well as those who have cutaneous or biochemical signs of hyperandrogenism. It is anticipated that this will cause the demand for hormonal therapy to rise quickly.
Acne Treatment Market Restraint
Adoption is being hampered by side effects associated with currently available drugs
- Despite the global prevalence of chronic acne, some constraints impede the growth of the acne treatment industry. According to the National Center for Biotechnology Information (NCBI), the most common adverse effects of antibiotics are nausea, vomiting, or diarrhoea, which occur in around 7% of tetracycline patients and 4% of macrolide patients. The Food and Drug Administration (FDA) of the United States has issued a warning against the use of some over-the-counter (OTC) drugs that might induce potentially fatal allergic reactions or extreme irritation.
- The skin positivity movement and a lack of knowledge about skin conditions, however, are limiting market revenue growth. The skin positivity movement concentrates on altering perceptions of skin and emphasizes on external appearance. The idea of embracing and loving one's skin, flaws and all is promoted by skin positivity.
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Global Acne Treatment Market Competitive Landscape
The market is characterized by a high number of prominent firms that provide a wide range of medications. The significant corporations will have a solid revenue position as well as a diverse medicinal product portfolio. These firms have a strong foothold in key growth areas. The competitive environment also includes enterprises of a lesser scale with restricted product offers.
Acne Treatment Market Top Player's Company Profiles
- Nestle Skin Health
- Johnson & Johnson
- Allergan
- Galderma
- Stiefel Laboratories
- Valeant Pharmaceuticals
- GlaxoSmithKline
- Bayer AG
- Teva Pharmaceuticals
- Pfizer
- L'Oreal S.A.
- Proactiv Solutions
- Beiersdorf AG
- Unilever
- Rohto Pharmaceutical Co. Ltd.
- Guthy-Renker LLC
- Murad Inc.
- Kao Corporation
- BioPharmX Corporation
- Dermira Inc.
Acne Treatment Market Recent Developments
- In January 2022, GALDERMA stated that it has received antitrust clearance from US authorities following the completion of its purchase of ALASTIN Skincare, Inc. for the development of novel and clinically tested physician-dispensed skincare products.
- In January 2021, GlaxoSmithKline plc announced a collaboration with Eligo BioScience to develop Eligobiotics for the treatment and prevention of Acne Vulgaris using CRISPR-based therapies for strain-specific microbiome modification.
Global Acne Treatment Key Market Trends
- Minimally Invasive Therapies on the go: Globally, the demand for minimally invasive cosmetic treatment methods are skyrocketing. Dermatologists prefer to treat skin problems with topical agents or less invasive techniques rather than surgery. More educated decision-making, improved patient-physician interactions, and well-documented procedures are driving up demand for treatments for face and skin disorders. This has prompted the use of less painful cosmetic combination treatment methods.
- Demand for OTC Acne Products: Benzoyl peroxide, salicylic acid, and sulphur are common ingredients in over-the-counter (OTC) acne remedies. These drugs are available in a variety of forms, including oral and topical treatments. The majority of people with moderate acne use over-the-counter medications. OTC medication is in great demand due to the prevalence of moderate acne. This is projected to aid the market's rapid growth throughout the forecast period.
- Rising Awareness in the Population: The advent of numerous acne therapy medications, such as retinoids, isotretinoids, and antibiotics in oral and topical forms, is raising global knowledge of acne products and available treatment alternatives. As a result, rising patient awareness is expected to drive market expansion.
Global Acne Treatment Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
According to our analysis, Over the projection period, Asia-Pacific is expected to increase at the fastest rate. This is due to the high prevalence of acne, greater government initiative, and the existence of several pharmaceutical businesses. Various government measures to help the healthcare sector are also fuelling regional market growth. Furthermore, rising disposable income of Asia's middle-class households, which make for a sizable population, leads to increased spending on health, fueling the region's acne treatment market expansion.
| Report Metric | Details |
|---|---|
| Market size value in 2021 | USD 9.164 billion |
| Market size value in 2030 | USD 9.6 billion |
| Growth Rate | 4.63% |
| Base year | 2021 |
| Forecast period | 2023-2030 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
|
| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Global Acne Treatment Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Global Acne Treatment Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Global Acne Treatment Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Global Acne Treatment Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Global Acne Treatment Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Global Acne Treatment Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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