Skin Treatment - Ireland | Statista Market Forecast

In Ireland, the Skin Treatment market market recorded a revenue of US$23.41m in 2024.
It is projected to experience an annual growth rate of 5.15% (CAGR 2024-2029).
When compared globally, the United States leads the market with a revenue of US$4.18bn in 2024.
On a per capita basis, the revenue generated in Ireland amounts to US$4.60 per person in 2024.
In Ireland, the demand for organic and natural skin treatment products in the OTC Pharmaceuticals market is on the rise.

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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Natural and synthetic agents
Agents for internal and external application
Preparations to treat skin diseases (e.g. acne treatment)

Prescription medicines
Homeopathic remedies
Painkillers
Cosmetic products
Adhesive patches

The Skin Treatment market in Ireland is experiencing significant growth due to changing customer preferences, emerging trends, and local special circumstances.

Customer preferences: Customers in Ireland are increasingly prioritizing their skincare routines and investing in skin treatment products and services. This shift in preference can be attributed to the growing awareness about the importance of skincare and the desire to maintain a youthful appearance. Additionally, the influence of social media and beauty influencers has played a significant role in shaping customer preferences, as people strive to achieve the flawless skin showcased by their favorite celebrities and influencers.

Trends in the market: One of the prominent trends in the Skin Treatment market in Ireland is the increasing demand for natural and organic skincare products. Customers are becoming more conscious about the ingredients used in their skincare products and are opting for products that are free from harmful chemicals and synthetic additives. This trend is driven by the desire for healthier and more sustainable skincare options.Another trend observed in the market is the rising popularity of non-invasive skin treatments. Customers are seeking non-surgical alternatives to traditional cosmetic procedures, such as Botox or facelifts. Non-invasive treatments like laser therapy, microdermabrasion, and chemical peels are gaining traction as they offer effective results with minimal downtime and reduced risks.

Local special circumstances: Ireland's skincare market is influenced by the country's unique climate and environmental factors. The cool and damp weather conditions prevalent in Ireland can have a significant impact on the skin, leading to issues such as dryness, sensitivity, and acne. As a result, customers in Ireland are more inclined towards skincare products that provide hydration, protection, and solutions to these specific concerns.

Underlying macroeconomic factors: The growing Skin Treatment market in Ireland can also be attributed to the country's strong economic performance and increasing disposable income. As the economy continues to recover from the global financial crisis, consumers have more purchasing power and are willing to spend on skincare products and services. Additionally, the rise in tourism in Ireland has contributed to the growth of the market, as visitors often seek out local skincare products and treatments during their stay.In conclusion, the Skin Treatment market in Ireland is experiencing growth due to changing customer preferences, emerging trends, and local special circumstances. Customers are prioritizing skincare and seeking natural and non-invasive solutions. The country's unique climate and economic factors also play a significant role in shaping the market.

Data coverage:

Data encompasses B2C spend. Figures are based on the OTC Pharmaceuticals market values, representing revenues generated by both product sales which take place exclusively in pharmacies and products which can be purchased elsewhere. Sales by hospitals are not included.

Modeling approach / Market size:

Market sizes are determined by a combined top-down and bottom-up approach, based on a specific rationale for each market market. As a basis for evaluating markets, we use data from national statistical offices, international institutions, trade associations, and self-medication associations. Next, we use relevant key market indicators and data from country-specific associations, such as consumer healthcare spending, out-of-pocket healthcare expenditure, health system accessibilities, and GDP. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the particular market. For example, forecasts are based on historical developments, current trends, and key market indicators, using advanced statistical methods.

Additional notes:

Data is modeled in US$ using current exchange rates. The market is updated twice per year in case market dynamics change. The impact of the COVID-19 pandemic is considered at a country-specific level. Whereas this market covers only OTC drugs, the Statista Pharmaceuticals market covers both OTC and prescription drugs.

This report presents a comprehensive analysis and additional information on the Health market, in a PDF format.

The global pharmaceutical industry has experienced significant growth during the past two decades, with revenues totaling around 1.6 trillion U.S. dollars in 2023. With growth like that, the industry's size is now comparable to the gross domestic products (GDPs) of countries like Spain, Mexico, or Australia.