Reports and Insights freshly added a report titled “Chemical Peel Market: Opportunity Analysis and Future Assessment 2023-2031” in its database of market research reports which offers its readers a detailed and profound analysis on the fresh growth opportunities, trends and growth drivers that are closely linked with the growth of the market. The report further provides crucial insights on the COVID-19 impacts on the Chemical Peel Market along with the compound growth rate (CAGR) of the market for a forecasted period between 2023 and 2031. The report also comprises assessment of the market by employing various analytical tools, such as Porter's five forces analysis and PESTEL analysis. These tools also offer an in-depth analysis on the micro and macro-environmental factors that are related to the growth of the market over the projected period.
Reports and Insights deliver key insights on the global chemical peel market. In terms of revenue, the global Chemical Peel Market is estimated to expand at a CAGR of 4.1% during the forecast period and expected to reach at a value of US$ 4,141.0 Mn by the end of year 2030, owing to numerous factors, regarding which Reports and Insights offer thorough insights and forecasts in its report on the global chemical peel market.
Chemical peeling is a procedure in which chemicals are applied to the skin to peel off the destructive outer skin layers without causing any harm to the inner layers, thus regenerating skin cells. Chemical peels are used to treat various skin disorders such as acne, wrinkles, scars, hyperpigmentation, melasma, and other skin-related issues. Thus, they improve the appearance of the skin. Based on the depth of penetration into the skin, these peels are classified into superficial, medium, and deep peels.
Increased awareness of consumers towards healthy and flawless skin, rising demand for non-invasive skin treatment procedures, and growing skin diseases are all these factors that have driven the growth of the global market for chemical peels. Furthermore, an increase in the number of beauty clinics with enhanced infrastructure and growth, and enhancement in dermatological clinics are likely to augment the market size of chemical peels globally.
Market Report Outlook
This report on the chemical peel market aims to discuss market dynamics, including market drivers, potential threats and challenges to the market, chemical peel market opportunities for the major players, chemical peel market trends, market segmentation outlook, regional outlook, chemical peel market size, market forecast, market share, as well as the major players operating in the chemical peel market.
Chemical Peel Market: Dynamics
In recent years, many skin-related issues and diseases have prevailed such as blemishes, hyperpigmentation, scars, acne, melasma, and many others among people of all ages. This is due to poor environmental conditions and extreme exposure to UV radiation. Hence, there has been a growing demand from consumers for affordable and quick skin treatment therapies. Owing to its non-invasive properties and cost-effectiveness, the chemical peel market has seen a tremendous spike and is anticipated to rise in demand in the forecast period. Moreover, its increased usage over other conventional facelifts is expected to increase the market for these chemical peels.
Throughout the anticipated period, increasing demand for minimally invasive and non-invasive procedures will have a significant impact on the development of the chemical peel market. One of the most common minimally invasive and non-invasive cosmetic procedures is facial rejuvenation, followed by chemical peels. These procedures encourage a speedy recovery, lower the risk of post-operative complications such adhesions and wound dehiscence, and lessen pain and scarring-related issues. Numerous economic variables, such as the advent of flexible payment plans, are enhancing people's access to non-surgical therapy. The market for chemical peels will grow as a result of the considerable shift away from traditional surgical procedures and toward non-surgical techniques like cutting-edge medical laser treatments. Factors like the availability of affordable, high-quality treatments, an improved healthcare infrastructure, and the presence of highly skilled and renowned surgeons and physicians all contribute to the demand for facial aesthetics and chemical peels in developing countries.
Some of the key questions answered in this report:
- Which are the five top players of the Chemical Peel Market?
- How will the Chemical Peel Market change in the upcoming years?
- Which product and application will take a share of the Chemical Peel Market?
- What are the drivers and restraints of the Chemical Peel Market?
- Which regional market will show the highest growth?
- What will be the CAGR and size of the Chemical Peel Market throughout the forecast period?
- What is the current market size, what will the market size be in 2030 and what will the growth rate be?
- What are the challenges to grow in the market?
- What are the market opportunities and challenges faced by the key vendors?
- Who are the major competitors and what is their strategy?
- What are the barriers to entry for new players in the market?
Chemical Peel Market: Regional Outlook
In 2022, Asia Pacific region is estimated to account for the prominent market share in comparison to other regions, owing to increased consumers’ awareness of healthy and smooth skin, increased per capita income, and enhancement in the healthcare system.
Chemical Peel Market: Key Players
Some of the important key players prevailing in the global chemical peel market include Colgate-Palmolive. Co., IMAGE Skincare, Lasermed, Merz Pharma, Allergan, Glytone, La Roche-Posay, Laboratory ObvieLine, Johnson and Johnson, L’Oréal, Teoxane, Topix Pharmaceutical, Inc., Merz Pharma GmbH & Co. KGaA, Image International Manufacturing LLC, Pierre Fabre Dermo-Cosmetique USA, Inc., and Teoxane SA amongst others.
Recent Developments by Key Players:
- In June 2022, Sorella Apothecary launched a new chemical peel collection (Maintenance peel, Clear Skin Peel, Healthy Aging Peel, Brightening Peel, The Prep, and The Boost) that aims to heal blemishes and prevent future breakouts. These are designed to target specific skin issues and provide a retinol boost to the skin.
- In December 2018, Topix Pharmaceuticals Inc., launched Topix Professional Peels, which are in-office use only superficial peels, aim to treat skin problems including aging, hyperpigmentation, rosacea, and acne, designed with the top-quality pharmaceutical-grade recipes to impart harmless and effective results for all skin types.
To view Top Players, Segmentation and other Statistics of Chemical Peel Industry, Get Free Customization Report: @ https://reportsandinsights.com/free-customization/4752
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