Description
Dermocosmetics Market size is valued at USD 54,762.8 Million in 2021 and is expected to grow at a significant CAGR of 12.8% during the forecast period 2022 to 2028. The global market provides a detailed overview and that can be segmented by Product, and Distribution Channel. By product, the Dermocosmetics market has been segmented into Hair Care Products, Skin Care Products, and Eye care products. The hair care products segment is likely to be the largest and fastest-growing segment in terms of type. Based on the distribution channel Dermocosmetics market is segmented into Retail Pharmacy, Hospital Pharmacy, and Online Sales. Among these, the Retail pharmacy segment is expected to have the fastest-growing market during the forecast period 2022-2028 according to Precision Business Insights.
The Dermocosmetics Market Key Development:
In April 2016, Johnson & Johnson Consumer had entered into a definitive agreement to purchase Dermocosmetics company, NeoStrata. The acquisition will include Neostriata’s affiliates and its privately held parent company TriStrata.
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