Anti-Acne Cosmetics Market Size, Share & Trends Analysis Report By Product Type (Creams & Lotions, Mask, Cleansers & Toners), By End Use (Women, Men), And Segment Forecasts, 2019 - 2026

Report Overview

The global anti-acne cosmetics market size was valued at USD 2.07 billion in 2018 and is expected to expand at a CAGR of 8.2% during the forecast period. The negative social stigma associated with acne and rising consumption of cosmetics by both men and women, especially from the emerging economies are estimated to drive the growth.

Acne is a highly prevalent skin disorder among adolescents. According to an article published by the Journal of The European Academy of Dermatology and Venereology, more than 95% of boys and nearly 85% of girls are affected by acne during their adolescence. Out of these nearly 40% experience, moderate‐to‐severe acne, and nearly 50% continue to have acne in their adulthood. A high prevalence of acne, especially among the young population, is anticipated to fuel market growth.

Acne patients are prone to suffer from anxiety, depression, low self-esteem, poor quality of life, and loneliness. This can be attributed to the emotional and mental associations an individual has with his/her appearance. These psychological effects are also indirectly fueled by increasing usage of social media and photo-editing apps.

Furthermore, factors such as an increasing number of e-commerce platforms selling these products, internet penetration, and rapid urbanization are estimated to improve consumer awareness and product availability, especially in the developing economies. This factor is anticipated to positively influence market growth in the forthcoming years.

Product Type Insights

Based on the product, the anti-acne cosmetics market is divided into masks, creams and lotions, cleansers and toners, and others. Creams and lotions segment accounted for the maximum market share in 2018 owing to high demand for the products as moisturizing creams and body lotions to protect the skin from bacteria and skin infliction, such as psoriasis and eczema.

The other segment comprises of products, such as face wash, gels, serums, and essential oils. The segment is anticipated to expand at a rapid pace over the forecast period due to the compatibility of these products with various skin types and better skin absorption of these products.

End-Use Insights

Based on end-use, the market is segmented into women and men. Women's anti-acne cosmetics segment led the market in 2018 and is expected to expand remarkably by 2026 owing to the high prevalence of acne. Acne is highly prevalent in women than men after adolescence as it is linked to hormonal changes, such as the menstrual cycle. According to a survey, 62.2% of pre-menopausal women reported worsening of acne during the menstrual cycle.

The men segment held a substantial market share in 2018. The growing prevalence of acne in men is propelling product demand. Nearly 42.5% of men reported suffering acne in their 20s, 20.1% in their 30s, 12% in their 40s, and 7.3% in their 50s. This factor is anticipated to fuel the product demand in the forthcoming years.

Regional Insights

The Asia Pacific led the market in 2018 and is estimated to witness lucrative growth over the forecast period. Asia Pacific is the largest potential export market for U.S. based products owing to the presence of over 3 billion potential consumers. Economies, such as Australia, Japan, and South Korea are some of the largest consumers for the well-established U.S. based products. Also, Vietnam, Malaysia, and Indonesia are a few other regions expected to witness high demand during the forecast period.

China is one of the most promising cosmetics markets in the Asia Pacific. This can be attributed to the fascination of the Chinese population with high-end foreign brands as nearly 80% of the country’s cosmetics market is dominated by western brands.

Key Companies & Market Share Insights

Some of the players profiled in the market include Neutrogena, Clinique, Murad, Kose, LaRochPosay, Mentholatum, L'Oréal, Proactiv, and Vichy. Mergers and acquisitions are one of the key sustainable strategies undertaken by market players. For instance, L'Oréal, planning to undertake mergers and acquisitions in India to expand its skin and make-up portfolio to meet the country’s increasing demand for cosmetic products.

Anti-Acne Cosmetics Market Report Scope

Segments Covered in the Report

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2015 to 2026. For this study, Grand View Research has segmented the global anti-acne cosmetics market report based on product type, end-use, and region:

• Product Type Outlook (Revenue, USD Million; 2015 - 2026)

  • Mask

  • Creams & Lotions

  • Cleansers & Toners

  • Others

• End-Use Outlook (Revenue, USD Million; 2015 - 2026)

  • Women

  • Men

• Region Outlook (Revenue, USD Million; 2015 - 2026)

  • North America

    • The U.S.

    • Canada

  • Europe

    • U.K.

    • Germany

    • France

    • Italy

    • Spain

  • Asia Pacific

    • Japan

    • China

    • India

    • Australia

    • South Korea

  • Latin America

    • Brazil

    • Mexico

    • Argentina

    • Colombia

  • Middle East & Africa

    • South Africa

    • Saudi Arabia

    • UAE