Canada Anti Acne Cosmetics Market Size & Outlook
Canada anti acne cosmetics market, 2018-2030 (US$M)
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Canada anti acne cosmetics market highlights
- The Canada anti acne cosmetics market generated a revenue of USD 168.0 million in 2023 and is expected to reach USD 280.0 million by 2030.
- The Canada market is expected to grow at a CAGR of 7.6% from 2024 to 2030.
- In terms of segment, creams & lotions was the largest revenue generating product in 2023.
- Creams & Lotions is the most lucrative product segment registering the fastest growth during the forecast period.
Anti acne cosmetics market data book summary
| Market revenue in 2023 | USD 168.0 million |
| Market revenue in 2030 | USD 280.0 million |
| Growth rate | 7.6% (CAGR from 2023 to 2030) |
| Largest segment | Creams & lotions |
| Fastest growing segment | Creams & Lotions |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Mask, Creams & Lotions, Cleansers & Toners |
| Key market players worldwide | Waldencast PLC Class A, Allergan, L'Oreal SA, The Beauty Health Co Ordinary Shares - Class A, Glowbiotics, PCA Skin, Phytomer USA, Sente, Jan Marini Skin Research, Revision Skincare, Perricone MD |
Other key industry trends
- In terms of revenue, Canada accounted for 3.5% of the global anti acne cosmetics market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. anti acne cosmetics market is projected to lead the regional market in terms of revenue in 2030.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 1,706.4 million by 2030.
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Anti Acne Cosmetics Market Scope
Anti Acne Cosmetics Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Canada anti acne cosmetics market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to anti acne cosmetics market will help companies and investors design strategic landscapes.
Creams & lotions was the largest segment with a revenue share of 41.79% in 2023. Horizon Databook has segmented the Canada anti acne cosmetics market based on mask, creams & lotions, cleansers & toners covering the revenue growth of each sub-segment from 2018 to 2030.
According to Canadian Dermatology Association (CDA), 5.6 million people, 20% of the Canadian population, aged between 20 and 40 suffer from acne. More than 80% of acne sufferers are between the ages of 12 and 24 years.
This can be attributed to various factors, such as urbanization and lifestyle changes, leading to changing food habits. According to CBC News, psychiatric problems such as depression may be developed among acne patients after diagnosis.
Around 18.5% of the acne patients developed depression after diagnosis. Another study by CDA stated that acne increased the risk of developing clinical depression by 63% in the first year following an acne diagnosis; this risk remained elevated for 5 years after the initial acne diagnosis.
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada anti acne cosmetics market , including forecasts for subscribers. This country databook contains high-level insights into Canada anti acne cosmetics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada anti acne cosmetics market size, by product, 2018-2030 (US$M)
Canada Anti Acne Cosmetics Market Outlook Share, 2023 & 2030 (US$M)
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