Dermocosmetics Market size was valued at USD 72.4 billion in 2024 and is anticipated to surpass USD 224.7 billion by 2037, registering a CAGR of 9.9% during the forecast timeline i.e. 2025-2037. In 2025, the industry size of dermocosmetics is evaluated at USD 79.5 billion.
The dermocosmetics market is substantially growing owing to the increasing appetite for products that combine cosmeceutical with therapeutic functionalities, offering consumers functional solutions for skin diseases such as acne, hyperpigmentation, and aging manifestations. In addition, the prevalence of skin diseases is growing coupled with an increased consciousness about maintaining the standard of beauty, which will continue to fuel the market's growth. Common applications for dermocosmetics are often found in skin disorders, including eczema, acne, and so forth. For example, based on the statistics released by WHO in 2022, exposure to ultraviolet radiation is the main cause of skin cancers. In the year 2020, there were more than 1.5 million global diagnoses of skin cancer cases.
Therefore, the huge utilization of dermocosmetics in disease prevention and cure with varied applications is likely to drive the expansion of the market. Moreover, formulation technologies are also supplementing the growth aspects through clinical study findings whose results endorse the suitability of dermocosmetics products thus enhancing confidence in both consumers as well as brands. The impact of social media and digital marketing strategies is gaining traction as dermatologists and beauty influencers create more visibility and boost engagement with endorsements. Furthermore, the e-commerce platform has widened access to a more comprehensive range of products for satisfying various consumer needs and preferences.
Author Credits: Radhika Pawar
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