South Korea Anti-acne Dermal Patch Market Worth $101.8 Million By 2030

South Korea Anti-acne Dermal Patch Market Growth & Trends

The South Korea anti-acne dermal patch market size is expected to reach USD 101.8 million by 2030, according to a new report by Grand View Research, Inc. The market is expected to register a CAGR of 7.1% from 2022 to 2030. The Anti-acne dermal patch is a skin-care product that is used to reduce acne and pimples and restore clean and clear facial skin. It is applied on the facial skin surface specifically on the acne area and it works by absorbing any drainage from the pimple and covering the wound to prevent further trauma to the site. Some commonly used Anti Acne patches include the COSRX Acne pimple master patch, Klearme acne patch, and Quench Botanics acne patch.

The growing incidence of acne across the country is one of the major factors supporting the growth of anti-acne dermal patch market during the forecast period. According to a survey conducted in 2022 on skin problems of South Korean men, around 43.8% of respondents stated that they were concerned about skin problems such as acne & pimples

In South Korea, the market is expected to serve as a key revenue-generating center. As the Korean skincare movement is booming and can see growth at a significant rate attributed to changing lifestyles, an upsurge in cosmetic expenditure, and rising awareness of diseases, the focus on physical appearance is expected to create a lucrative opportunity for the market.

The global beauty & personal care industry has been hit hard due to the outbreak of coronavirus. The economic magnitude of the COVID-19 virus on retailers and brands was high, although this industry has gained normalcy and will prove resilient soon.

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South Korea Anti-acne Dermal Patch Market Report Highlights

• The herbal-based anti-acne dermal patch market is estimated to witness a CAGR of 7.1 % in the forecast year 2022-2030 as consumers are trying to lean more towards organic, healthy, and no side effects products

• The E-commerce segment is projected to grow fast over the forecast period owing to the rise in online shopping as many options are available to compare the products

• The age group from 18 to 44 has dominated the market in the year 2021 and is estimated to dominate over the forecast period as young adults and adults are the ones struggling most with acne

South Korea Anti-acne Dermal Patch Market Segmentation

Grand View Research has segmented the South Korea anti-acne dermal patch market based on product, age, and distribution channel 

South Korea Anti-acne Dermal Patch Product Type Outlook (Revenue, USD Million, 2018 - 2030)

• Chemical based

• Herbal based

South Korea Anti-acne Dermal Patch Age Group Outlook (Revenue, USD Million, 2018 - 2030)

• 10 to17

• 18 to 44

• 45 to 64

• 65+

South Korea Anti-acne Dermal Patch Distribution Channel Outlook (Revenue, USD Million, 2018 - 2030)

• Retail Stores

• Pharmacy And Drug Stores

• E-commerce Platforms

List of Key Players in South Korea Anti-acne Dermal Patch Market

• Hero Cosmetics

• COSRX

• Neogen Dermalogy

• CNP Laboratory

• Innisfree

• NICO MEDICAL CO. LTD.

• Daewoong Pharmaceutical