About Chemical Peel
A chemical peel is a skin-resurfacing procedure in which a chemical solution is applied to the skin to remove the top layers that help to improve the skin’s appearance. After the procedure, the new skin is usually smoother and less wrinkled than the old skin. This procedure can be done on the face, neck, or hands. It helps to reduce fine lines under the eyes and around the mouth and treats wrinkles and acne.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions across the globe to gain a competitive advantage through combined collaborations. Analyst at AMA Research estimates that Global Players will contribute the maximum growth to Global Chemical Peel 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.
Allergan plc (Ireland), Merz Pharma GmbH & Co. KGaA (Germany), Bausch Health Companies Inc. (Canada), Galderma S.A. (Switzerland), Image Skincare (United States), L'Oréal S.A. (France), Medy Tox Inc. (South Korea), Polymekon (Italy), Qufu GuangLong Biochem (China) and SciVision Biotech Inc (Taiwan) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Chemical Peel market by Type (Light Chemical Peel, Medium Chemical Peel and Deep Chemical Peel), Application (Dermatology Clinics, Hospitals and Others) and Region.
On the basis of geography, the market of Chemical Peel 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 Chemicals, the sub-segment i.e. Alpha-hydroxy Acids (AHAs) will boost the Chemical Peel market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Rise in the Demand for Minimally Invasive and Non-invasive Procedures
Market Growth Drivers:
Improves Skin Color and Reducing Discoloration and High Demand from People suffering from Hyper-pigmentation, textured skin, and Discoloration
Challenges:
Less Awareness Among People in Developing Regions
Restraints:
Skin Sensitivity to the Sun After Treatment
Opportunities:
Growth in the Beauty Industry Worldwide and Increasing Dermatology and Beauty Clinics
Market Leaders and their expansionary development strategies
In December 2020, a contract was inked for L'ORÉAL to acquire Takami, a Japanese skincare company. This acquisition helps the company to expand its product portfolio.
Manufacturers are incorporating innovative ingredients into their chemical peel formulations to enhance their efficacy and safety. This includes incorporating antioxidants, hydrating agents, peptides, and other skin-rejuvenating ingredients to provide additional benefits during the peeling process.
Key Target Audience
Chemical Peep Treatment Providers, Research Professionals, Emerging Companies, Government Bodies & Associations and End-user
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.