Market revenue in 2020 | USD 318.8 million |
Market revenue in 2028 | USD 606.5 million |
Growth rate | 8.4% (CAGR from 2020 to 2028) |
Largest segment | Creams |
Fastest growing segment | Serums |
Historical data | 2016 - 2019 |
Base year | 2020 |
Forecast period | 2021 - 2028 |
Quantitative units | Revenue in USD million |
Market segmentation | Creams, Serums |
Key market players worldwide | The Beauty Health Co Ordinary Shares - Class A, Imagene Labs, EpigenCare, ALLÉL, SkinDNA Clinics, Skinshift, LifeNome Inc. |
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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 dna-based skin care products market will help companies and investors design strategic landscapes.
Creams was the largest segment with a revenue share of 52.85% in 2020. Horizon Databook has segmented the UK dna-based skin care products market based on creams, serums covering the revenue growth of each sub-segment from 2016 to 2028.
The magnitude of the effects of the COVID-19 pandemic on retailers and brands has been severe. The U.K. DNA-based skincare products market is still at a nascent stage and is expected to grow over the forecast period, owing to the increasing consumer willingness to pay premium prices for high-end products and the rising need for using personal care and skincare products.
In this respect, pre-COVID-19 trends are likely to accelerate, with an increasing number of shoppable social media platforms, brand websites, and direct-to-consumer (DTC) e-commerce sites becoming more popular among consumers/shoppers.
Opportunities for leading and prospective brands to reinstate growth in the U.K. DNA-based skincare products market post-COVID-19 crisis lie in product curation and personalization. The presence of regional DNA-based brands and companies in the U.K. offering a wide range of serums concerning anti-ageing skincare, skin repair, and promoting healthy skin is likely to bode well for the serums segment’s growth.
Horizon Databook provides a detailed overview of country-level data and insights on the UK dna-based skin care products market , including forecasts for subscribers. This country databook contains high-level insights into UK dna-based skin care products market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
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