Skin Treatment - LATAM
LATAM- In LATAM, the revenue generated in the Skin Treatment market market in 2024 is estimated to be US$1.75bn.
- It is projected that the market will experience an annual growth rate of 6.58% from 2024 to 2028 (CAGR).
- When compared globally, the United States stands out as the country with the highest revenue in the Skin Treatment market market, reaching US$4.18bn in 2024.
- Taking into account the total population figures, it can be observed that in LATAM, per person revenues in the Skin Treatment market market amount to US$2.75 in 2024.
- This indicates the market's potential for growth and the level of interest in Skin Treatment markets among the population.
- In LATAM, the demand for organic and natural skincare products is on the rise, as consumers prioritize sustainable and eco-friendly options.
- 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
