Anti-acne Dermal Patch Market Size, Share & Trends Analysis Report By Type (Chemical Based, Herbal Based), By Age Group (10 To 17, 18 To 44, 45 To 64, And 65+), By Distribution Channel, And Segment Forecasts, 2022 - 2030

Report Overview

The global anti-acne dermal patch market size was valued at USD 510.8 million in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 6.1% from 2022 to 2030. The anti-acne dermal patch is a medicated pimple patch filled with active ingredients that helps to eliminate the acne-causing bacteria and reduce inflammation. These patches improve the absorption of the active ingredients into the skin thus reducing pain, bumps, and redness, and are effective in curing inflamed acne, such as papules. The common active ingredients of these patches are tea tree oil and salicylic acid. They may also help to reduce the size of lesions caused by cystic or nodular acne.

The rising incidence of skin conditions such as severe acne and pimples across the globe is anticipated to drive the market for anti-acne dermal patches. Increasing demand for instant acne treatment and medication is one of the major factors supporting the growth of the market. Furthermore, the growing demand for anti-acne dermal patches among the population especially among the teenage group owing to its mass marketing across the social media platforms has also boosted its adoption across the past few years.

However, the advent of the COVID-19 pandemic has hugely affected the overall market for anti-acne dermal patch. The given COVID-19 restrictions have significantly impacted the beauty and personal care industry. Owing the initial lockdown imposed across the world has led to a decline in sales of beauty products including acne patches especially across the brick-and-mortar stores. Disruption in the supply chain and closure of cosmetic manufacturing plants across the globe are few of the factors that have led to the significant decline in the growth rate of the anti-acne dermal patch industry in 2020. For instance, as per an article published by the Baird Investment Advisor Co., Ltd., the parent beauty and personal care industry has witnessed a decline of 2-3% in 2020.

However, the market witnessed a revenue rebound in 2021, owing to the surge in demand for online platforms delivering acne products including patches. For instance, as per Peace Out Company; a beauty and personal care company building on the popularity of its acne dot reported a 131.0% growth in its revenue in 2021 from online sales of its products including acne patches. Hence, the growing demand for online portals has significantly mitigated the negative impact of the COVID-19 pandemic on the anti-acne dermal patch industry, thus reflecting a positive growth trajectory from 2021. Moreover, an increasing number of companies involved in the market are focusing on inorganic strategic partnerships to expand their target customers, thus mitigating the negative impact of the COVID-19 pandemic.

Type Insights

The herbal-based anti-acne dermal patch segment is anticipated to witness the highest growth rate of 7.4% across the forecast period as compared to chemical-based patches. Generally, acne patches in the market are composed of synthetic substances. Natural acne patch does not have any synthetic substances in their compositions and is made from ingredients such as Silk and mulberries that can be easily produced. Silk consists of fibroin and sericin. Fibroin can enhance the growth rate of fibroblast which can quickly treat acne wounds. Increasing demand for herbal-based skincare products across the globe due to their natural healing properties without any side effects is one of the major factors supporting the growth of the herbal-based anti-acne dermal patch segment.

The chemical-based anti-acne dermal patch segment on the other hand is poised to hold a significant share in the market for anti-acne dermal patch across the forecast period. This is because the majority of the anti-acne dermal patch across the industry are chemical-based due to their instant healing properties compared to herbal patches. Moreover, an increasing number of product launches in the category will strongly support the highest shares of the segment.

Age Group Insights

The 18 to 44 age group segment held a maximum revenue share of 55.2% of the market for anti-acne dermal patch in 2021. Based on age group, the market has been segmented into age groups of 10 to 17, 18 to 44, 45 to 64, 65+. The 18 to 44 age group segment is expected to maintain its dominance during the forecast period. This is because the highest incidence of acne is prevalent among this age group. For instance, as per an article published by Botanix Pharmaceuticals Ltd, 54% of acne patients are diagnosed between the age group of 18 to 44 years.

The 10 to 17 age group segment is poised to witness considerable growth in the market for anti-acne dermal patch across the forecast period owing to an increasing number of teenagers adopting acne patches across the globe. High adoption is due to the strong social media marketing of the products that attract a large portion of the teenage population.

Distribution Channel Insights

The pharmacies and drug stores segment dominated the market and held the highest revenue share of 45.5% in 2021. The segment is expected to account for the largest revenue share during the forecast period. The high growth of the segment is majorly attributable to the increasing use of OTC products from drug stores and pharmacies for the self-management of acne. For instance, a survey conducted among the pharmacies across Germany, by the University Clinic for Dermatology and Venereology, stated that more than 35% of patients prefer self-treatment of mild acne using OTC products. Hence, the aforementioned reason is one of the strongest factors supporting the growth of the segment.

The e-commerce platform segment on the other hand is poised to witness lucrative growth in the market for anti-acne dermal patch across the forecast period. The high growth of the segment is majorly attributable to the outbreak of the COVID-19 pandemic that has led to a surge in significant demand for e-commerce platforms delivering such products. Most of the manufacturers are going digital and adopting aggressive marketing techniques to boost sales. The manufacturing companies are also using existing online shopping platforms and social media to expand the reach of their products to potential consumers.

Regional Insights

Asia Pacific dominated the anti-acne dermal patches market and accounted for the largest revenue share of 39.8% in 2021. The segment is expected to showcase a significant CAGR in the forecast period. This is attributed to the rising prevalence of skin conditions among the population, the existence of key market players, and the high adoption of novel dermal acne patches. Moreover, Asian countries such as South Korea, which have established themselves as one of the oldest countries commercializing acne patches even before they became available in the U.S. Hence, such factors have led to market growth in the region.

In North America, the market for anti-acne dermal patch is expected to witness a significant CAGR of 6.3% over the forecast period. The high growth of the region is majorly due to the increasing number of companies expanding their business across lucrative markets such as the U.S. After pimple patches started getting attention on U.S. social media, around 2015, various companies started penetrating the U.S. market to avail the lucrative shares across the industry.

Key Companies & Market Share Insights

This market for anti-acne dermal patch is fragmented in nature due to the presence of a substantial number of developed as well as medium to small-sized acne patch companies. Several market participants are privately held or are a part of private equity firms’ portfolios. Key players are rapidly opting for geographical expansion, product launches, strategic collaborations, and partnerships through mergers and acquisitions in emerging and economically favorable regions. Some of the prominent players in the anti-acne dermal patch market include:

• Peter Thomas Roth Labs LLC

• Rael

• ZitSticka

• 3M

• Starface

• DermaAngel

• Hero Cosmetics

• Sephora USA, Inc.

• Urban Outfitters

• Peach & Lily

• COSRX

• Alba Botanica

• Peace Out Skincare

Anti-acne Dermal Patch Market Report Scope

Segments Covered in the Report

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2030. For the purpose of this study, Grand View Research has segmented the global anti-acne dermal patch market report on the basis of type, age group, distribution channel, and region:

• Type Outlook (Revenue, USD Million, 2018 - 2030)

  • Chemical Based

  • Herbal Based

• Age Group Outlook (Revenue, USD Million, 2018 - 2030)

  • 10 to 17

  • 18 to 44

  • 45 to 64

  • 65+

• Distribution Channel Outlook (Revenue, USD Million, 2018 - 2030)

  • Retail Stores

  • Pharmacies & Drug Stores

  • E-Commerce Platform

• Regional Outlook (Revenue, USD Million, 2018 - 2030)

  • North America

    • U.S.

    • Canada

  • Europe

    • U.K.

    • Germany

    • France

    • Spain

    • Italy

  • Asia Pacific

    • India

    • Japan

    • China

    • Australia

    • South Korea

  • Latin America

    • Brazil

    • Mexico

  • Middle East & Africa

    • South Africa

    • Saudi Arabia