Anti-Acne Cosmetics Market Expected to Grow Profitably during the Foreseeable Future

The global anti-acne cosmetics market was worth USD 2.3 billion in 2020, and it is predicted to increase at a CAGR of 9.1% from 2021 to 2028. The market is being driven by the negative social stigma associated with acne and the increased use of cosmetics by both men and women, particularly in emerging economies. Acne is the most frequent skin condition among teenagers. Acne affects more than 95 percent of boys and nearly 85 percent of girls, according to a study published in the Journal of The European Academy of Dermatology and Venereology. Nearly 40% of them have moderate-to-severe acne, and nearly 50% of them have acne into adulthood. As a result, the Anti-Acne Cosmetics Market expansion is expected to be fueled by the high prevalence of this skin ailment.

Patients with acne are more likely to experience worry, despair, low self-esteem, a poor quality of life, and loneliness. This might be ascribed to an individual's emotional and mental links with his or her appearance. The increased use of social media and photo-editing tools is also indirectly fueling these psychological impacts.

Furthermore, increased internet penetration, the amount of e-commerce platforms providing these products, and urbanisation are expected to raise awareness among the target demographic, particularly in developing nations. All of these factors are expected to contribute to Anti-Acne Cosmetics Market expansion.

Insights into Product Types

Due to the high demand for these goods, which provide protection against microorganisms and skin ailments such as psoriasis and eczema, the creams and lotions segment accounted for the highest revenue share of over 40% in 2020. The market is segmented by product into masks, creams & lotions, cleansers & toners, and others. From 2021 to 2028, the other segment is expected to grow at the fastest rate. Face wash, gels, serums, and essential oils are all included in this category. The segment's expansion is being driven by a high demand for these products because to their compatibility with various skin types.