Market revenue in 2024 | USD 43.2 million |
Market revenue in 2030 | USD 84.4 million |
Growth rate | 11.9% (CAGR from 2025 to 2030) |
Largest segment | Creams |
Fastest growing segment | Silicon Sheets |
Historical data | 2018 - 2023 |
Base year | 2024 |
Forecast period | 2025 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Creams, Gels, Silicon Sheets |
Key market players worldwide | Smith & Nephew PLC, Lumenis, Merz Pharma, Sonoma Pharmaceuticals Inc, Cynosure, CCA Industries Inc, Newmedical, Molnlycke Health Care, Suneva Medical, Pacific World Corporation, Perrigo Co PLC, Enaltus, SCAR |
Creams was the largest segment with a revenue share of 39.81% in 2024. Horizon Databook has segmented the Thailand topical scar treatment market based on creams, gels, silicon sheets covering the revenue growth of each sub-segment from 2018 to 2030.
The topical scar treatment market in Thailand is experiencing notable growth, driven by an increasing concern for beauty and skin health. As Thai consumers place a high value on flawless skin, the demand for effective scar treatment solutions is rising. Research and innovation in the field are also contributing to market expansion.
For instance, in September 2024, researchers from Chulalongkorn University developed an innovative "Transfersome Gel" to treat hypertrophic scars and dark marks. This gel, derived from the Indian pennywort (Centella asiatica), uses a unique delivery technique that enhances its effectiveness. The innovation was recognized with the International Gold Medal of Innovation at ITEX 2024.
Such advancements in natural products highlight the growing preference for plant-based solutions in the market. As consumers increasingly seek effective, natural scar treatments, the market for topical products in Thailand is expected to continue its upward trajectory, combining beauty, research, and innovation.
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