Market Insights Health Pharmacies OTC Products

Skin Treatment (Pharmacies) - D-A-CH

D-A-CH

Revenue in the Skin Treatment market is projected to reach US$0.87bn in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 4.80%, resulting in a market volume of US$1.10bn by 2029.
In global comparison, most revenue will be generated in the United States (US$3,319.00m in 2024).
In relation to total population figures, per person revenues of US$8.61 are generated in 2024.

Key regions: Germany, Europe, South Korea, France, China

Market

Region

Region comparison

Currency

Analyst Opinion

The Skin Treatment (Pharmacies) market in D-A-CH has been experiencing significant growth in recent years. Customer preferences, trends in the market, local special circumstances, and underlying macroeconomic factors have all contributed to this development. Customer preferences in the D-A-CH region have shifted towards a greater emphasis on skincare and overall wellness. Consumers are becoming more aware of the importance of taking care of their skin and are seeking out products that can address specific skin concerns. This has led to an increased demand for skin treatment products in pharmacies. Trends in the market have also played a role in the growth of the Skin Treatment (Pharmacies) market in D-A-CH. One notable trend is the rise of natural and organic skincare products. Consumers are increasingly looking for products that are free from harmful chemicals and are made from natural ingredients. This has led to the introduction of new skincare brands and products in pharmacies that cater to this demand. Another trend in the market is the increasing popularity of anti-aging skincare products. As the population in D-A-CH ages, there is a growing demand for products that can help reduce the signs of aging and improve skin elasticity. Pharmacies have responded to this trend by expanding their range of anti-aging skincare products and offering specialized treatments and consultations. Local special circumstances in the D-A-CH region have also contributed to the growth of the Skin Treatment (Pharmacies) market. Germany, Switzerland, and Austria have a well-developed healthcare system and a high level of trust in pharmacies. Consumers in these countries often turn to pharmacies for their skincare needs and rely on the expertise of pharmacists for product recommendations and advice. Underlying macroeconomic factors have also played a role in the development of the Skin Treatment (Pharmacies) market in D-A-CH. The region has a strong economy and a high standard of living, which allows consumers to prioritize their skincare and wellness needs. Additionally, the D-A-CH region has a large population of affluent consumers who are willing to invest in high-quality skincare products. In conclusion, the Skin Treatment (Pharmacies) market in D-A-CH is experiencing growth due to customer preferences for skincare and wellness, trends in the market such as the rise of natural and anti-aging skincare products, local special circumstances that favor the use of pharmacies for skincare needs, and underlying macroeconomic factors such as a strong economy and affluent population.

Methodology

Data coverage:

The data encompasses B2C enterprises. Figures are based on offline and online spending by consumers, including VAT. Not included are B2B and B2G sales, or other pharmaceutical sales through hospitals or retail stores such as supermarkets.

Modeling approach:

Market sizes are determined through a bottom-up approach, building on specific predefined factors for each market market. As a basis for evaluating markets, we use industry associations, third-party studies and reports and survey results from our primary research (e.g., the Statista Global Consumer Survey). In addition, we use relevant key market indicators and data from country-specific associations, such as healthcare expenditure per country, consumer healthcare spending, GDP and internet penetration. 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 relevant market. For example, forecasts are based on historical developments, current trends, and key market indicators, using advanced statistical methods. For forecasting digital trends such as the online-pharmacy sales share we use exponential trend smoothing and the s-curve method. The main drivers are healthcare expenditure per country and consumer healthcare spending.

Additional notes:

The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year. GCS data is reweighted for representativeness.