China Anti Acne Cosmetics Market Size & Outlook, 2023-2030
China anti acne cosmetics market, 2018-2030 (US$M)
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China anti acne cosmetics market highlights
- The China anti acne cosmetics market generated a revenue of USD 276.3 million in 2023 and is expected to reach USD 550.8 million by 2030.
- The China market is expected to grow at a CAGR of 10.4% 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 276.3 million |
| Market revenue in 2030 | USD 550.8 million |
| Growth rate | 10.4% (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, China accounted for 5.7% 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 Asia Pacific, South Korea anti acne cosmetics market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 872.5 million by 2030.
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Anti Acne Cosmetics Market Scope
Anti Acne Cosmetics Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
China 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 41.77% in 2023. Horizon Databook has segmented the China 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 Research Gate, the prevalence of acne is high in China, especially in urban areas. A study pertaining to prevalence of acne among 17,345 Chinese individuals reported that of the total sample population, 68.4% had mild acne, 26.0% had moderate acne, and 5.6% had severe acne.
Major factors associated with the condition were smoking and diet. Acne has also been noted to cause permanent scars in 3% to 7% of patients and has a high impact on physical & mental health, indicating psychological burden of the condition on patients.
According to Cosmetic Design, skincare was one of the fastest-growing markets in the country, with maximum sales through online channels. Online sales of active skincare products for companies such as L’Oréal (China) showed growth, which increased from 1% in 2013 to 18% in 2018.
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Horizon Databook provides a detailed overview of country-level data and insights on the China anti acne cosmetics market , including forecasts for subscribers. This country databook contains high-level insights into China anti acne cosmetics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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China anti acne cosmetics market size, by product, 2018-2030 (US$M)
China Anti Acne Cosmetics Market Outlook Share, 2023 & 2030 (US$M)
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