Skin barrier products are used to maintain healthy skin barrier, repair and restore skin's protective barrier. These include moisturizers, skin barrier repair creams and ointments. Skin barrier products help maintain skin's natural hydration and protect it from environmental stressors like pollution and germs. The global skin care market size is growing rapidly due to increasing awareness about skin care and prevalence of skin diseases like eczema, psoriasis and dermatitis. As per reports, over 50 million Americans suffer from eczema, a chronic skin condition characterized by skin dryness, itching and cracking. Rising cases of such skin conditions is driving demand for skin barrier repair products significantly. The Global Skin Barrier Products Market is estimated to be valued at US$ 1225.66 Mn in 2024 and is expected to exhibit a CAGR of 4.2% over the forecast period 2024 to 2030.
Key Takeaways
Key players operating in the Skin Barrier Products market are Thermo Fisher Scientific Inc. (US), Merck KGaA (Germany), Danaher (US), Becton, Dickinson and Company (US), Bio-Rad Laboratories (US), PerkinElmer (US), Agilent Technologies (US), Promega Corporation (US), Cell Biolabs (US), Miltenyi Biotec (Germany), STEMCELL Technologies (Canada), Bio-Techne Corporation (US), FUJIFILM Holdings Corporation (Japan), Charles River Laboratories (US), HemoGenix Inc. (US), Lonza Group (Switzerland), Takara Bio Inc. (Japan), Creative Bioarray (US), AAT Bioquest, Inc. (US), BPS Bioscience, Inc. (US), Enzo Biochem (US), PromoCell GmbH (Germany), Biotium (US), Geno Technology (US), Abcam plc (UK), and ReachBio Research Labs (US).
Rising prevalence of skin diseases globally is driving demand for skin barrier repair products. According to reports, over 340 million people suffer from eczema worldwide. Advancements in wound healing and skin grafting therapies are also benefiting growth of skin barrier products market.
Technological advancements like development of advanced bioengineered skin substitutes and wound care dressings are supporting skin repair and regeneration. Companies are investing in R&D to develop novel bioengineered skin substitutes using autologous skin cells.
Market Trends
Growing demand for natural and plant-based skin barrier products
Plant-derived active ingredients like aloe vera, jojoba oil, hyaluronic acid are gaining popularity owing to their moisturizing and healing properties. Manufacturers are developing organic, natural skin care products using plant-based extracts.
Increasing use of 3D bioprinting technology
3D bioprinting is being used to develop skin substitutes using skin cells, growth factors and biomaterials, a promising application for burn and chronic wound care. This technology facilitates precise engineering of skin tissue for grafting.
Market Opportunities
Skin Microbiome analysis for product development opportunities
Understanding skin microbiome composition and its role in maintaining healthy barrier can offer opportunities to develop novel microbiota modulating skincare products.
High growth potential in Asian markets
Countries like China, Japan and India offer huge potential owing to increasing consumerism and growing middle class willing to spend on skincare and anti-aging products. Skin Barrier Products market players can leverage this opportunity.
The COVID-19 pandemic has significantly impacted the growth of the skin barrier products market. During the initial outbreak, the demand for skin barrier products declined as people stayed indoors and social interactions reduced. Manufacturing and supply chain disruptions further affected market growth in 2020. However, with increasing cases of skin conditions due to frequent hand washing and sanitization, the demand is regaining momentum post-COVID. There is a rising focus on skincare and protection of the skin barrier to boost immunity. This has driven sales of moisturizers, barrier creams, and repairing lotions. Companies are witnessing demand for sensitive skin formulations and natural ingredients that maintain the skin's integrity without damaging the barrier. Online sales of skin barrier products have also accelerated in the post-pandemic period.
North America holds the largest share of the skin barrier products market in terms of value. The high consumer awareness about skin health, availability of advanced products, and presence of major market players drive market growth. Additionally, the region witnesses a high prevalence of atopic dermatitis and other skin conditions that generate demand. Europe follows North America in terms of market value due to growing healthcare expenditures. Asia Pacific is expected to be the fastest-growing geographical region for the skin barrier products market during the forecast period. Factors such as the expansion of healthcare infrastructure, rising incomes, and increasing treatment seeking rate will support market growth in Asia Pacific.
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