According to the Vision Research Reports, the global anti-acne dermal patch market size was valued at USD 505.8 million in 2021 and is projected to reach US$ 865.2 million by 2030, growing at a CAGR of 6.0% from 2021 to 2030.
Download Exclusive Sample of Report@ https://www.visionresearchreports.com/report/sample/39175
Growth Factors
The growing prevalence of acne vulgaris is boosting the adoption of instant treatments pertaining to the conditions such as acne patches, thus propelling market growth. There has been a surge in the number of anti-acne dermal patch brands being commercialized across the globe. Hence, increasing product launches in this industry have significantly boosted its revenue growth. Moreover, the rising number of companies expanding their geographic presence across the developing as well as developed economies have further supported the market’s positive growth trajectory across the forecast period.
The anti-acne dermal patch is a medicated pimple patch filled with active ingredients that helps to eliminate the acne-causing bacteria and reduce inflammation. These patches improve the absorption of the active ingredients into the skin thus reducing pain, bumps, and redness, and are effective in curing inflamed acne, such as papules. The common active ingredients of these patches are tea tree oil and salicylic acid. They may also help to reduce the size of lesions caused by cystic or nodular acne.
The rising incidence of skin conditions such as severe acne and pimples across the globe is anticipated to drive the market for anti-acne dermal patches. Increasing demand for instant acne treatment and medication is one of the major factors supporting the growth of the market. Furthermore, the growing demand for anti-acne dermal patches among the population especially among the teenage group owing to its mass marketing across the social media platforms has also boosted its adoption across the past few years.
Report Coverage
Report Scope | Details |
Market Size | US$ 865.2 million by 2030 |
Growth Rate | CAGR of 6.0% From 2022 to 2030 |
Largest Market | Asia Pacific |
Base Year | 2021 |
Forecast Period | 2022 to 2030 |
Segments Covered | Type, Age Group, Distribution Channel |
Regional Scope | North America, Europe, Asia Pacific, Latin America, Middle East & Africa |
Companies Mentioned | Peter Thomas Roth Labs LLC.; Rael; ZitSticka; 3M; Starface; DermaAngel; Welly; Hero Cosmetics; Sephora USA, Inc.; Urban Outfitters; Peach & Lily; COSRX |
By Type Analysis
The herbal-based anti-acne dermal patch segment is anticipated to witness the highest growth rate of 7.4% across the forecast period as compared to chemical-based patches. Generally, acne patches in the market are composed of synthetic substances.
Natural acne patch does not have any synthetic substances in their compositions and is made from ingredients such as Silk and mulberries that can be easily produced. Silk consists of fibroin and sericin. Fibroin can enhance the growth rate of fibroblast which can quickly treat acne wounds.
Increasing demand for herbal-based skincare products across the globe due to their natural healing properties without any side effects is one of the major factors supporting the growth of the herbal-based anti-acne dermal patch segment.
The chemical-based anti-acne dermal patch segment on the other hand is poised to hold a significant share in the market for anti-acne dermal patch across the forecast period. This is because the majority of the anti-acne dermal patch across the industry are chemical-based due to their instant healing properties compared to herbal patches.
By Age Group Analysis
The 18 to 44 age group segment held a maximum revenue share of 55.2% of the market for anti-acne dermal patch in 2021. Based on age group, the market has been segmented into age groups of 10 to 17, 18 to 44, 45 to 64, 65+.
The 18 to 44 age group segment is expected to maintain its dominance during the forecast period. This is because the highest incidence of acne is prevalent among this age group. For instance, as per an article published by Botanix Pharmaceuticals Ltd, 54% of acne patients are diagnosed between the age group of 18 to 44 years.
The 10 to 17 age group segment is poised to witness considerable growth in the market for anti-acne dermal patch across the forecast period owing to an increasing number of teenagers adopting acne patches across the globe.
By Distribution Channel Analysis
The pharmacies and drug stores segment dominated the market and held the highest revenue share of 45.5% in 2021. The segment is expected to account for the largest revenue share during the forecast period. The high growth of the segment is majorly attributable to the increasing use of OTC products from drug stores and pharmacies for the self-management of acne.
The e-commerce platform segment on the other hand is poised to witness lucrative growth in the market for anti-acne dermal patch across the forecast period. The high growth of the segment is majorly attributable to the outbreak of the COVID-19 pandemic that has led to a surge in significant demand for e-commerce platforms delivering such products.
By Regional Analysis
Asia Pacific dominated the anti-acne dermal patches market and accounted for the largest revenue share of 39.8% in 2021. The segment is expected to showcase a significant CAGR in the forecast period. In North America, the market for anti-acne dermal patch is expected to witness a significant CAGR of 6.3% over the forecast period.
Key Players
- Peter Thomas Roth Labs LLC
- Rael
- ZitSticka
- 3M
- Starface
- DermaAngel
- Hero Cosmetics
- Sephora USA, Inc.
- Urban Outfitters
- Peach & Lily
- COSRX
- Alba Botanica
- Peace Out Skincare
Market Segmentation
- By Type
- Chemical Based
- Herbal Based
- By Age Group
- 10 to 17
- 18 to 44
- 45 to 64
- 65+
- By Distribution Channel
- Retail Stores
- Pharmacies & Drug Stores
- E-Commerce Platform
- Regional
- North America
- U.S.
- Canada
- Europe
- U.K.
- Germany
- France
- Spain
- Italy
- Asia Pacific
- India
- Japan
- China
- Australia
- South Korea
- Latin America
- Brazil
- Mexico
- Middle East & Africa
- South Africa
- Saudi Arabia
- North America
Click Here to View Full Report Table of Contents
Buy this Research Report study@ https://www.visionresearchreports.com/report/cart/39175
Contact Us:
Vision Research Reports
Call: +1 9197 992 333