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In the ever-evolving landscape of professional skin care, the market’s fortitude is clear, showcasing in 2023 a healthy 9.3% growth rate, which is projected to sustain the momentum over the next five years, according to Kline’s latest Professional Skin Care Global Series research. Although this represents a more measured ascent compared to the remarkable surges
Mergers and acquisitions are continuing to consolidate the global professional skin care landscape, particularly in the dynamic medical care providers channel. Some of the most noteworthy deals that marked recent years were L’Oréal’s acquisition of SkinBetter Science, strengthening its position in the physician segment, and Galderma’s acquisition of Alastin, helping to piggyback the brand with
The professional skin care market continues to witness a healthy growth of more than 7% in 2019 across key markets such as China, Europe, India, and the United States, according to our soon-to-be-published Professional Skin Care Global Series report. China continues to be the largest market; however, developing markets such as India register the strongest
The professional skin care market in Europe and the U.S. continues to register strong growth in 2018, according to our soon-to-be-published Professional Skin Care Global Series report. The increase in both these markets is mainly driven by the medical and retail channels, and consumer demand is high for products containing retinols, hyaluronic acid, and vitamin C
The professional skin care market in China grows by nearly 6%, higher than the global market growth of 5% in 2017. China is also the largest market for professional skin care products, accounting for over 35% of the global sales in 2017. Boosted by the robust performance of the medical care providers and retail channels,
Globally, medical care providers tend to be the channel of choice among consumers seeking help with their skin care problems, ranging from fine lines and wrinkles, to brown spots, acne, and sagging skin. The channel includes dermatologists and plastic surgeons that offer an array of both surgical and non-surgical procedures and skin care treatments that
In our recently published reports—Professional Skin Care Global Series: Market Analysis and Opportunities and Physician-dispensed Skin Care: Perception and Satisfaction Survey—we learned about the ideal “prescription” that makes this $6 billion global market for professional skin care products thrive. Some of the most important key areas that skin care market players should consider are: Emerging
In our ongoing search to identify new markets of opportunity for professional skin care brands, our sights turned once again to Asia. With an already strong knowledge base of China, Japan, and South Korea, we ventured to Southeast Asia this year, specifically Thailand and Indonesia, to investigate the market. According to Kline’s latest research, the
