Market revenue in 2023 | USD 3.2 million |
Market revenue in 2030 | USD 5.6 million |
Growth rate | 8.5% (CAGR from 2023 to 2030) |
Largest segment | Creams |
Fastest growing segment | Serums |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Serums, Creams, Masks |
Key market players worldwide | L'Oreal SA, Unilever PLC, BioGaia AB Class B, AMOREPACIFIC, Amyris, Missha, Eminence Organics, Aveeno, Elizabeth Arden, Glowbiotics, Gallinée |
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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 microbiome skincare products market will help companies and investors design strategic landscapes.
Creams was the largest segment with a revenue share of 37.5% in 2023. Horizon Databook has segmented the Argentina microbiome skincare products market based on serums, creams, masks covering the revenue growth of each sub-segment from 2018 to 2030.
Similar to other business sectors in Argentina, the dermatology market has been negatively impacted due to the financial crisis, leading to low spending power and negative consumer sentiments. Argentina’s currency declined by 25% in 2019; however, it is considered one of the emerging markets by WHO.
Many economic reforms are underway, which are expected to attract fresh investments, expand the approach to financing, and reduce inflation & interest rates to aid economic recovery. With better economic reforms and growing middle-class population, the country’s microbiome skincare products market is expected to grow over the forecast period.
The country’s population has inadequate access to dermatologic care, and there are very few dermatologists to provide services to the demand for skin care, which is expected to hinder market growth. However, associations such as the Argentine Society of Dermatology are creating awareness, promoting & addressing the prevalence of skin diseases, as well as training healthcare workers to provide effective dermatology treatments.
Horizon Databook provides a detailed overview of country-level data and insights on the Argentina microbiome skincare products market , including forecasts for subscribers. This country databook contains high-level insights into Argentina microbiome skincare products market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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