Copyright © 2022 StrategyHelix Inc. All Rights Reserved.
US Dermocosmetics Market - Outlook and Forecast 2023-2028
The dermocosmetics market in the United States is projected to reach a value of approximately $3 billion in 2022. This comprehensive report analyzes consumer purchasing behavior and the adoption of dermocosmetics in the US. It specifically focuses on the role of pharmacists and dermatologists in the purchase process. Notably, dermocosmetics is the only segment that experienced growth during the COVID-19 pandemic.
The report also delves into the influence of distribution channels centered around salons, digital promotions for cosmetics, and the impact of social media on the purchase of dermocosmetic products in the US. Additionally, it explores the role of specialty stores in branding and marketing these products to customers.
|No. of Pages||
USD 3.9 billion in 2021
Product, Distribution Channel, Gender, End-User, and Geography
|No. of Companies Mentioned||
Dermocosmetics are specifically designed by pharmacists and dermatologists to address cosmetic and dermatological needs. These products are typically recommended by healthcare professionals such as dermatologists and pharmacists. They adhere to manufacturing standards similar to drugs, undergoing efficacy and safety testing to mitigate any potential risks for users.
In the post-COVID-19 era, there has been a notable increase in self-care awareness, which has positively impacted the beauty industry. Dermocosmetics, in particular, experienced significant growth during the pandemic. This growth can be attributed to extensive social media marketing and celebrity endorsements through digital platforms. New segments such as infomercials, social selling, and direct-to-customer concepts have emerged after the pandemic.
The report highlights that growing patient awareness is driving a shift towards products with multiple applications, like dermocosmetics, which combine cosmetic properties with medicinal benefits for treating various skin issues. The purchase of dermocosmetic products has seen a drastic increase through pharmacies, as pharmacists educate and guide patients in their selection and usage. Online channels have also played a significant role in driving sales of dermocosmetic products in the country. The rise in remote working and increased reliance on digital platforms has further contributed to the trend of seeking trendy, social media-friendly appearances.
The market is segmented based on various factors, including product, distribution channel, gender, end-user, geography.
Segmentation by Product
Segmentation by Distribution Channel
Pharmacy & Drug Stores
Super Markets/Hyper Markets
Segmentation by Gender
Segmentation by End-User
Hospitals & Clinics
Medical Spas & Saloons
The haircare segment is experiencing rapid growth within the dermocosmetics market. This growth is driven by increasing awareness among men and the rising popularity of the skinification concept, which fuels the demand for advanced hair care products. The hair care industry is highly competitive and offers a variety of products such as conditioners, shampoos, oils, and masks. Both regional and national companies have a strong presence in the market. With the increasing demand for new and innovative hair care products, there is a growing preference for dermocosmetic hair care products in the United States.
In terms of gender distribution, the female segment occupies a significant share of 63.30% in the market, while males make up 36.70% of the market. As more men embrace the use of cosmetic products, the demand for dermocosmetics among males also increases. Heterosexual men, in particular, show a keen interest in using male dermocosmetic products. Approximately 15% of men aged 15 to 30 years actively use face and body hygiene-related dermocosmetic products.
When it comes to purchasing dermocosmetics, consumers prefer pharmacies and drug stores due to various benefits, including convenient locations and clear product explanations provided by pharmacists. Pharmacies serve as one of the primary distribution channels for dermocosmetic products. This preference is driven by the easy availability of products in convenient locations. Consumers trust that products purchased from pharmacies are authentic and safer compared to those bought from departmental stores.
Hospitals and clinics dominate the end-user segment as they serve as the initial point of contact for patients seeking consultations for skin-related issues. Many individuals begin using dermocosmetic products based on recommendations from dermatologists in these medical settings. Hospitals and skin clinics offer comprehensive aesthetic solutions and services for enhancing and improving the skin, hair, and overall body. The availability of expertise and cutting-edge technological innovations contributes significantly to the growth of the dermocosmetics market. In fact, more than 30% of skin products are purchased based on dermatologist recommendations in clinics and hospitals.
The competitive landscape in the dermocosmetics market in the United States is currently becoming more intense, as global players are offering a wide range of products. In terms of market share, a select few major players are currently exerting dominance. Among these dominant players are Loreal, Pierre Fabre, PUIG, and Galderma.
Key companies profiled in this report include L’Oreal, Pierre Fabre, Beiersdorf, PUIG, Galderma, Avicanna, Bioderma, Biologique Recherche, Bioskin, Coty, Dermalogica, Dermophisi Ologioque, Embryolisse, HD Dermocosmetics USA, IDC Dermo, Infinitek, Kapyderm USA, Labo International, Nuxe, Rilastil, Uriage, Ziaja.
Key Questions Answered
How large is the dermocosmetics market in the United States?
What are the most recent trends in the dermocosmetics market?
Who are the leading players in the dermocosmetics market?
What are the key areas where dermocosmetic manufacturing companies should invest to remain competitive in the market?
Which applications are expected to drive the adoption of dermocosmetic products?
What are some newly approved dermocosmetic products in the United States?
How many companies are currently developing dermocosmetics in the United States?
Which distribution channel holds a larger market share in the dermocosmetics market in the United States?
Which end-user segment provides greater business opportunities in the dermocosmetics market in the United States?
Which current customer segment will have the most influence on the dermocosmetics market in the future?