According to a new report, published by KBV research, The Global Dermocosmetics Market size is expected to reach $90.8 billion by 2028, rising at a market growth of 9.8% CAGR during the forecast period.
The Hair Care segment is showcasing CAGR of 12% during (2022 - 2028). This expansion is primarily the result of an increase in hair diseases caused by increased pollution and changes in food and living patterns. The growth is anticipated to be driven by the rising demand for customized hair care products and significant investments made in the development of hair care solutions by numerous cosmologically and pharmaceutical companies throughout the review period.
The Pharmacy & Retail Stores segment acquired maximum revenue share in the Global Dermocosmetics Market by Distribution Channel in 2021 thereby, achieving a market value of $65.3 billion by 2028. It is because retailers and offline pharmacy stores use various marketing methods to allow each consumer to buy a range of services and goods, which is what fuels the pharmacy & retail stores’ growth.
The Hospitals segment has shown growth rate of 10.3% during (2022 - 2028). It is because Hospitals provide patients with a range of cutting-edge therapies at competitive pricing to expand their clientele. One of the main factors propelling this segment's revenue growth is the provision of a broad range of skin and hair treatments.
The Asia Pacific market dominated the Global Dermocosmetics Market by Region in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $33.7 billion by 2028.The Europe market is exhibiting a CAGR of 9.1% during (2022 - 2028). Additionally, The North America market would showcase a CAGR of 9.5% during (2022 - 2028).
Full Report: https://www.kbvresearch.com/dermocosmetics-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Bruker Corporation, Carl Zeiss AG, Thermo Fisher Scientific, Inc., JEOL Ltd., Nikon Instruments, Inc. (Nikon Corporation), Hitachi High-Technologies Corporation (Hitachi Ltd.), Oxford Instruments plc, TESCAN ORSAY HOLDING, a.s., Delong Instruments AS, and Advantest Corporation.
By Product
By Distribution Channel
By End User
By Geography
Companies Profiled