The Skin Barrier Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Skin Barrier Global Market Report 2024, The skin barrier market size has grown steadily in recent years. It will grow from $1.07 billion in 2023 to $1.12 billion in 2024 at a compound annual growth rate (CAGR) of 4.8%. The growth in the historic period can be attributed to rising incidence of skin disorders, growing aging population, increased awareness of skin health, changing lifestyle patterns, clinical recommendations and dermatologist endorsements, preference for non-invasive skincare solutions..
The skin barrier market size is expected to see steady growth in the next few years. It will grow to $1.29 billion in 2028 at a compound annual growth rate (CAGR) of 3.7%. The growth in the forecast period can be attributed to continued increase in skin disorders, focus on natural and sustainable skincare, globalization of skincare trends, evolving consumer preferences, health and wellness influences.. Major trends in the forecast period include development of advanced microbiome-friendly formulations, customized barrier repair solutions, incorporation of probiotics and prebiotics, technological innovations in application methods..
The growing incidence of various autoimmune skin diseases is expected to propel the growth of the skin barrier market going forward. Autoimmune skin diseases refer to a group of disorders in which the immune system attacks healthy skin cells, causing inflammation and other symptoms.Autoimmune skin conditions, such as psoriasis, eczema, and dermatitis, are on the rise, contributing to an increased demand for advanced skincare solutions, such as skin barriers. For instance, in December 2022, according to the data published by the National Psoriasis Foundation, a US-based nonprofit organization serving people with psoriasis and psoriatic arthritis, more than 8 million cases of psoriasis were recorded in the US in 2022, an increase from 7.5 million in the previous year (2021). Therefore, the growing incidence of various autoimmune diseases is driving the growth of the skin barrier market.
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The skin barrier market covered in this report is segmented –
1) By Product: Skin Barrier Sprays, Moisture Barrier Creams, Protective Ointments, Other Products
2) By Shape: Convex, Flat
3) By Indication: Incontinence And Ostomy, Chronic Wounds, Pressure Ulcers, Skin Rash And Dry Skin, Atopic Dermatitis
4) By Distribution Channel: Institutional Sales, Retail Sales
Companies operating in the skin barrier market are increasing their focus on introducing products by leveraging whole-cell enzyme technology to drive revenues in the market. The whole-cell enzyme technique involves utilizing intact living cells as a host for the production of desired enzymes.The enzymes used in this whole-cell enzyme technique are not isolated and purified. Instead, the biocatalyst in the enzymatic reaction is the enzyme culture solution or the solid component in such a solution. For instance, in August 2023, Nikko Chemicals Co. Ltd., a Japan-based chemical manufacturing company, launched Nikkol Lecinol MFL, a whole-cell enzyme technology-enabled skin barrier reinforcer. It enhances the skin’s barrier function by stimulating keratinization in epidermal cells. This promotes the creation of filaggrin, a protein that strengthens skin cells, and ceramide, a key component of intercellular lipids and a building block for natural moisturizing factors. In this whole-cell enzyme technology, the enzyme culture solution or its solid component is directly used as the biocatalyst in the enzymatic reaction.
The skin barrier market report table of contents includes:
1. Executive Summary
2.Skin Barrier Market Characteristics
3.Skin Barrier Market Trends And Strategies
4.Skin Barrier Impact Of COVID-19
5.Skin Barrier Market Size And Growth
6.Skin Barrier Segmentation
7.Skin Barrier Regional And Country Analysis
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27.Skin Barrier Competitive Landscape And Company Profiles
28. Skin Barrier Key Mergers And Acquisitions
29.Skin Barrier Future Outlook and Potential Analysis
TOP MAJOR PLAYERS:
- 3M Corporation
- Medline Industries LP
- Stryker Inc.
- Essity AB
- Sonoma Pharmaceuticals Inc.
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