Skin Treatment - APAC
APAC- In APAC, the revenue in the Skin Treatment market market is projected to reach US$7.50bn by the year 2024.
- It is anticipated that the market will experience an annual growth rate of 5.02% (CAGR 2024-2028).
- When compared globally, the United States generates the highest revenue, amounting to US$4.18bn in 2024.
- In terms of per person revenues, US$1.75 is generated in APAC in 2024.
- In South Korea, the demand for innovative and high-quality skincare products has led to a surge in the popularity of K-beauty brands.
- Key regions:
- Europe,
- United Kingdom,
- United States,
- Canada,
- China
Definition: Skin Treatment Market
The Skin Treatment market comprises over-the-counter natural and synthetic medical skin treatment products like antibacterial preparations, acne treatment agents, antifungals. Preparations for skin treatment include medicines in the form of ointments, creams, gels, pills, capsules, washing lotions, peelings, pastes, solutions, fluids, suppositories and sprays for external and internal application. Not included are prescription medicines, preparations that are against the state law, are not explicit skin treatment drugs (e.g. painkillers) or primarily have cosmetic purposes. It includes both products which are exclusively sold in pharmacies and products which can be purchased elsewhere. Sales by hospitals are not included.
Additional Information:
The Skin Treatment market comprises revenues, average revenue per capita. Sales channels show online and offline revenue. Revenues include VAT. The market only displays B2C revenues, hence B2B and B2G revenues are not included.
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In-Scope
- Natural and synthetic agents
- Agents for internal and external application
- Preparations to treat skin diseases (e.g. acne treatment)
Out-Of-Scope
- Prescription medicines
- Homeopathic remedies
- Painkillers
- Cosmetic products
- Adhesive patches
