The North America Dermocosmetics Market is expected to witness market growth of 9.5% CAGR during the forecast period (2022-2028).
To be considered a skin dermocosmetics product, a skincare product must contain active ingredients whose efficacy against a particular skin problem has been established through a thorough laboratory study. Key players in the market produce dermocosmetic products intending to regain skin health. These products offer defense against a variety of skin problems, including aging skin naturally, harm to the skin's structural integrity, dehydration, and others.
Dermocosmetics industry revenue is growing as a result of consumer awareness of expenditure on appearance and the transition to online shopping. Consumers today are more self-conscious about their appearance because it increases their confidence. As a result, individuals are choosing to spend more money on dermocosmetics products to protect and brighten their skin and lessen the appearance of wrinkles, acne, and fine lines.
Among US companies holding nanotechnology patents, the cosmetics business holds the most. Over the long run, consumers in the nation have seen an increase in their average annual expenditure on close to personal care and beauty products, which is helping the industry grow there. As a result, the rising prevalence of skin issues is a growing worry in the nation and is predicted to grow the US dermo-cosmetics industry. Components including increased consumer information through internet platforms and other sources, as well as increased awareness of the benefits of organic goods and services, are contributing to the local development. One of the Canadian markets with the fastest growth is the dermo-cosmetics sector, which is flooded with foreign competitors.
The US market dominated the North America Dermocosmetics Market by Country in 2021, and is expected to continue to be a dominant market till 2028; thereby, achieving a market value of $18,119.7 Million by 2028.The Canada market is poised to grow at a CAGR of 12% during (2022 - 2028). Additionally, The Mexico market is expected to witness a CAGR of 11.1% during (2022 - 2028).
Based on Product, the market is segmented into Skin Care and Hair Care. Based on Distribution Channel, the market is segmented into Pharmacy & Retail Stores and Online. Based on End User, the market is segmented into Clinics, Medical Spas, & Salons, Hospitals and At-Home. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Johnson & Johnson, Bausch Health Companies, Galderma S.A., The Procter and Gamble Company, Allergan plc, L'Oreal Group, Beiersdorf AG, Kao Corporation (Kanebo Cosmetics Inc.), Estee Lauder Companies Inc., and Shiseido Company.
To be considered a skin dermocosmetics product, a skincare product must contain active ingredients whose efficacy against a particular skin problem has been established through a thorough laboratory study. Key players in the market produce dermocosmetic products intending to regain skin health. These products offer defense against a variety of skin problems, including aging skin naturally, harm to the skin's structural integrity, dehydration, and others.
Dermocosmetics industry revenue is growing as a result of consumer awareness of expenditure on appearance and the transition to online shopping. Consumers today are more self-conscious about their appearance because it increases their confidence. As a result, individuals are choosing to spend more money on dermocosmetics products to protect and brighten their skin and lessen the appearance of wrinkles, acne, and fine lines.
Among US companies holding nanotechnology patents, the cosmetics business holds the most. Over the long run, consumers in the nation have seen an increase in their average annual expenditure on close to personal care and beauty products, which is helping the industry grow there. As a result, the rising prevalence of skin issues is a growing worry in the nation and is predicted to grow the US dermo-cosmetics industry. Components including increased consumer information through internet platforms and other sources, as well as increased awareness of the benefits of organic goods and services, are contributing to the local development. One of the Canadian markets with the fastest growth is the dermo-cosmetics sector, which is flooded with foreign competitors.
The US market dominated the North America Dermocosmetics Market by Country in 2021, and is expected to continue to be a dominant market till 2028; thereby, achieving a market value of $18,119.7 Million by 2028.The Canada market is poised to grow at a CAGR of 12% during (2022 - 2028). Additionally, The Mexico market is expected to witness a CAGR of 11.1% during (2022 - 2028).
Based on Product, the market is segmented into Skin Care and Hair Care. Based on Distribution Channel, the market is segmented into Pharmacy & Retail Stores and Online. Based on End User, the market is segmented into Clinics, Medical Spas, & Salons, Hospitals and At-Home. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Johnson & Johnson, Bausch Health Companies, Galderma S.A., The Procter and Gamble Company, Allergan plc, L'Oreal Group, Beiersdorf AG, Kao Corporation (Kanebo Cosmetics Inc.), Estee Lauder Companies Inc., and Shiseido Company.
Scope of the Study
Market Segments Covered in the Report:
By Product
- Skin Care
- Hair Care
By Distribution Channel
- Pharmacy & Retail Stores
- Online
By End User
- Clinics, Medical Spas, & Salons
- Hospitals
- At-Home
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Johnson & Johnson
- Bausch Health Companies
- Galderma S.A.
- The Procter and Gamble Company
- Allergan plc
- L'Oreal Group
- Beiersdorf AG
- Kao Corporation (Kanebo Cosmetics Inc.)
- Estee Lauder Companies Inc.
- Shiseido Company
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Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market Overview
Chapter 3. Competition Analysis - Global
Chapter 4. North America Dermocosmetics Market by Product
Chapter 5. North America Dermocosmetics Market by Distribution Channel
Chapter 6. North America Dermocosmetics Market by End User
Chapter 7. North America Dermocosmetics Market by Country
Chapter 8. Company Profiles
Companies Mentioned
- Johnson & Johnson
- Bausch Health Companies
- Galderma S.A.
- The Procter and Gamble Company
- Allergan plc
- L'Oreal Group
- Beiersdorf AG
- Kao Corporation (Kanebo Cosmetics Inc.)
- Estee Lauder Companies Inc.
- Shiseido Company
Methodology
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