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Key regions: India, Canada, United States, United Kingdom, Philippines
Notes: Data was converted from local currencies using average exchange rates of the respective year.
Most recent update: Nov 2024
Source: Statista Market Insights
Most recent update: Nov 2024
Source: Statista Market Insights
in billion USD (US$)
Notes: The chart “Comparable Estimates” shows the forecasted development of the selected market from different sources. Please see the additional information for methodology and publication date.
Most recent update: Mar 2024
in percent
Most recent update: Mar 2024
Source: Statista Market Insights
In the Skin Treatment market, the prevalence of skin diseases is a significant driving factor affecting the market growth. This is especially the case in emerging countries, where vehicle pollution, unhealthy lifestyles, and a lack of awareness of healthcare and skin diseases lead to a higher demand for skin treatment products.
Furthermore, the launch of effective medicine products also has a crucial impact on the market growth. However, the side effects of skin treatment products could cause life-threatening situations, which leads to a restriction of the development of the Skin Treatment market.
In 2022, the global Skin Treatment market reached US$17.94 billion and recovered from a slight decline in 2020 brought about by the COVID-19 pandemic. In the forecast period, the market is expected to reach a CAGR of around 3%.
Most recent update: Nov 2024
Source: Statista Market Insights
The Skin Treatment market is built on resources from the Statista platform as well as on in-house market research, national statistical offices, international institutions, trade associations, companies, the trade press, and the experience of our analysts. We evaluate the status quo of the market, monitor trends, and create an independent forecast regarding market developments of the global Skin Treatment industry.
The following Key Market Indicators give an overview of the social and economic outlook of the selected region and provide additional insights into relevant market-specific developments. These indicators, together with data from statistical offices, trade associations and companies serve as the foundation for the Statista market models.
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