North America Anti-acne Cosmetics Market By Product (Creams & Lotions, Cleanser & Toner, Mask and Other Products), By End Use (Women and Men), By Country, Growth Potential, Industry Analysis Report and Forecast, 2020 - 2026
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Get in-depth analysis of the COVID-19 impact on the North America Anti-acne Cosmetics Market
Market Report Description
The North America Anti-acne Cosmetics Market would witness market growth of 4.8% CAGR during the forecast period (2020-2026). Acne patients are at a high possibility of experiencing anxiety, depression, low confidence, low quality of life, and dejection. This can be ascribed to the emotional and mental affiliations that a person has with his/her looks. These mental impacts are additionally increased by the expanding utilization of the internet, social media, and photograph-editing applications.
Moreover, developing internet usage, an expanding number of e-commerce sites selling Anti-acne items, & expanding urbanization would enhance the awareness among the primary consumer base, particularly in emerging economies. These variables would help the market for further expansion. Despite the Covid-19 pandemic adversely affecting various businesses, the skincare items makers have seen a comparatively higher number of sales.
The high mental burden related to acne, particularly among ladies, would be the major driver for the development of the market. Furthermore, the demand for the anti-acne market would be augmented by the high accessibility of different items to treat Acne. As per the American Academy of Dermatology, it is one of the most common skin problems in the U.S., influencing roughly 50 million people each year, with almost 85% of people between the age group of 12 and 24 years experiencing minor Acne. Consequently, a high rate of this skin problem would boost the utilization & demand of the item, hence accelerating the market growth.
The US market dominated the North America Mask Market by Country in 2019, and would continue to be a dominant market till 2026; growing at a CAGR of 4.9 % during the forecast period. The Canada market is experiencing a CAGR of 8% during (2020 - 2026). Additionally, The Mexico market would witness a CAGR of 7.1% during (2020 - 2026).
Based on Product, the market is segmented into Creams & Lotions, Cleanser & Toner, Mask and Other Products. Based on End Use, the market is segmented into Women and Men. 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 Estee Lauder Companies, Inc. (Clinique), Unilever PLC (Murad Skincare), Johnson and Johnson, L'Oreal Group, LVMH SE, Beiersdorf AG, KOSE Corporation, Rohto Pharmaceutical Co., Ltd. (Mentholatum), The Proactiv Company LLC (Guthy-Renker LLC), and Ancalima Lifesciences Limited.
Scope of the Study
Market Segments Covered in the Report:
- Creams & Lotions
- Cleanser & Toner
- Other Anti-acne Cosmetics
By End Use
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Estee Lauder Companies, Inc. (Clinique)
- Unilever PLC (Murad Skincare)
- Johnson and Johnson
- L'Oreal Group
- LVMH SE
- Beiersdorf AG
- KOSE Corporation
- Rohto Pharmaceutical Co., Ltd. (Mentholatum)
- The Proactiv Company LLC (Guthy-Renker LLC)
- Ancalima Lifesciences Limited
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