NEW
YORK, May 6, 2024 /PRNewswire/ -- The global
chemical peel market size is estimated to grow by
USD 692.44 million from 2023 to
2027, according to Technavio. The market is estimated to grow at a
CAGR of 6.58% during the forecast period.
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Report
Attribute
|
Details
|
Base Year
|
2022
|
Forecast
period
|
2023-2027
|
Historic Data
for
|
2017 - 2021
|
Segments
Covered
|
End-user (Hospital,
recreation centers, and Dermatology clinics) and Type (Light peel,
Medium peel, and Deep peel)
|
Key Companies
Covered
|
AbbVie Inc.,
AMOREPACIFIC Group Inc., Bausch Health Co. Inc., BeautyPharmaCo,
Candela Corp., Caudalie International SE, Galderma SA, Hale
Cosmeceuticals Inc, Image International Manufacturing LLC, Johnson
and Johnson Services Inc., LOreal SA, MedPeel, Merz Pharma GmbH and
Co KGaA, NEFTIS LABORATORIOS SL, Pierre Fabre SA, ProDerma Light,
Radius Healthcare Pvt. Ltd., Renee Rouleau Inc., Topix
Pharmaceuticals Inc., and Unilever PLC
|
Regions
Covered
|
North America, Europe,
APAC, South America, and Middle East and Africa
|
Region Outlook
- North America
- Europe
- APAC
- South America
- Middle East & Africa
1. North America - North America is estimated to
contribute 47%. to the growth of the global market. The
Chemical Peel Market report forecasts market growth by revenue at
global, regional & country levels from 2017 to 2027. In
North America, the chemical peel market holds a significant share
due to factors like high disposable income and a growing elderly
population.
- Americans spent around USD 14.6
billion on aesthetic procedures in 2021, with surgical
revenues seeing a 63% increase. Non-surgical procedures, including
chemical peels, rank among the top five due to the aging population
opting for such treatments.
- Vendors are diversifying their offerings to cater to the
increasing patient base. Factors such as a large patient
population, affordability, and the availability of techniques and
surgeons contribute to the region's market share. These factors are
expected to fuel market growth in North
America during the forecast period.
For more insights on North
America's significant contribution along with the market
share of rest of the regions and countries - Download a
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Segmentation Overview
- End-user
- 1.1 Hospital
- 1.2 recreation centers
- 1.3 Dermatology clinics
- Type
- 2.1 Light peel
- 2.2 Medium peel
- 2.3 Deep peel
- Geography
- 3.1 North America
- 3.2 Europe
- 3.3 APAC
- 3.4 South America
- 3.5 Middle East and
Africa
1.1 Hospital- During the forecast period, hospitals
will see significant growth in market share for a cosmetic
procedure aimed at reducing fine lines, acne scars, wrinkles, and
discoloration. This segment was valued at USD 768.03 million in 2017 and continued to grow
until 2021. Hospitals focus on therapeutic use to address skin
conditions under medical supervision. The recreation segment, on
the other hand, involves cosmetic use in non-medical facilities to
enhance skin appearance. Both segments are expanding due to the
growing older adult population worldwide. This growth is supported
by the increasing number of hospitals and recreation centers.
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Research Analysis
The Chemical Peel Market is driven by growing demand for
skincare solutions like Glytone, which contain Alpha Hydroxy Acids
(AHAs) derived from natural sources such as sugar cane and sugar
beets. These superficial peels work on the epidermis, effectively
treating issues like pigmentation, wrinkles, and acne spots.
Dermatological procedures like lactic peels, using milk-based AHAs,
are popular for their gentle yet effective exfoliation. With rising
awareness of skin health and beauty enhancement, the market sees a
surge in demand for professional treatments targeting specific
concerns like dark circles, fatigue, and genetic factors affecting
collagen production.
Chemical solutions such as TCA peels, salicylic acid, and
Jessner's solution offer tailored solutions for skin renewal and
texture improvement. The market caters to various skin conditions,
including hyperpigmentation, sun damage, and melasma, providing
clinical peels and cosmeceutical treatments for comprehensive
skincare. Overall, chemical peels continue to be a vital component
of the beauty industry, offering skin resurfacing and rejuvenation
with proven chemical formulations.
Market Overview
In aesthetics, addressing wrinkle issues is crucial. Alpha
hydroxy acids (AHAs) are gaining traction, particularly lactic
peels derived from milk. These AHAs offer a superficial or light
peel, targeting the dermis layer. Given the influence of genetics
on skin aging, chemical peels are increasingly sought after for
their ability to rejuvenate and improve skin texture. With consumer
interest growing, the chemical peel market is expanding
steadily.
AHAs, especially lactic peels, are capturing attention due to
their gentle yet effective nature. As more individuals seek
non-invasive solutions for skin concerns, the demand for
superficial peels continues to rise. In this evolving landscape,
understanding the benefits and applications of AHAs is essential
for businesses operating in the chemical peel market.
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Key Topics Covered:
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Venodr Landscape
11 Vendor Analysis
12 Appendix
About Technavio
Technavio is a leading global technology research and advisory
company. Their research and analysis focuses on emerging market
trends and provides actionable insights to help businesses identify
market opportunities and develop effective strategies to optimize
their market positions.
With over 500 specialized analysts, Technavio's report library
consists of more than 17,000 reports and counting, covering 800
technologies, spanning across 50 countries. Their client base
consists of enterprises of all sizes, including more than 100
Fortune 500 companies. This growing client base relies on
Technavio's comprehensive coverage, extensive research, and
actionable market insights to identify opportunities in existing
and potential markets and assess their competitive positions within
changing market scenarios.
Contacts
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
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SOURCE Technavio