About Dry Skin Treatment
The global dry skin treatment market is expected to grow in the future due to a rise in aesthetic concern and untapped emerging economies. Dry skin is also known as xeroderma is a condition of skin that occurs when skin cells produce less sebum (natural oils) than necessary. This lack of sebum results in flakes in the skin, chaps, feels tight and looks dull, especially on the cheeks and arounds the eyes. Dryness is exacerbated by wind, extremes of temperature and air conditioning. It usually not serious, but it can be uncomfortable and creating fine lines and wrinkles.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products, and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Dry Skin Treatment market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
L'Oreal SA (France), Galderma Laboratories (United States), Sun Pharmaceutical Industries Ltd (India), Teva Pharmaceutical Industries Ltd (Israel), Bayer AG (Germany), Pfizer Inc (United States), MC2 Therapeutics (Denmark), Croda International Plc (United Kingdom), Unilever (United Kingdom), Johnson & Johnson Services, Inc (United States) and Perrigo Company plc (United States) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Dry Skin Treatment market by Type (Moisturizer (Humectants, Emollients) and Medication (Topical Steroid, Antihistamines Agents, Immune modulator, Others)) and Region.
On the basis of geography, the market of Dry Skin Treatment has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Route of Administration, the sub-segment i.e. Oral will boost the Dry Skin Treatment market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution Channel, the sub-segment i.e. Hospital Pharmacy will boost the Dry Skin Treatment market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Medication, the sub-segment i.e. OTC Products will boost the Dry Skin Treatment market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End User, the sub-segment i.e. Hospitals will boost the Dry Skin Treatment market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Growth Drivers:
High Prevalence of Dry Skin and Emergence of Grey Market and Free Trade Zone
Challenges:
Lack of Awareness about Dry Skin Treatment
Restraints:
Limited Operating Revenue Opportunities for Research and Development of Targeted Therapies by Many Pharmaceuticals and Low Healthcare Budget in Some Developing Countries
Opportunities:
The Rise in Continuously Investing Into Their R&D to Come Up With New Features or Products and Increasing Willingness of Spending More into Skincare Treatment
Market Leaders and their expansionary development strategies
In February 2022, Launching another product in the skincare category, drug major Cadila Pharmaceuticals has launched an intense moisturising formula to treat dry skin conditions. Christened Laglo Soft Lotion, the formula is used to treat dry skin conditions and associated disorders. It is proven to be effective in treating Xerosis, Ichthyosis, Atopic Dermatitis, Psoriasis, Skin Ageing, and Co-therapy with Corticosteroids.
In Sept 2019, MC2 Therapeutics filed New Drug Application (NDA) to the FDA Wynzora™ Cream (calcipotriene 0.005% and betamethasone dipropionate 0.064%) for the treatment of plaque psoriasis. In the press release company also mentioned that they intends to launch an innovative new line of PAD™ Cream-based consumer healthcare products for the treatment of dry, itchy and sensitive skin.
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Dry Skin Treatment Provider, Dealers, Suppliers, Traders, and Distributors, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and End-Users
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.