Glycolic Acid Peel Market Outlook from 2024 to 2034

The global glycolic acid peel market size is likely to generate sales amounting to USD 389.5 million in 2024. Over the assessment period from 2024 to 2034, the glycolic acid peel market CAGR is projected to expand to 5.7% culminating in a market size of USD 679.6 million by the end of 2034.

The global glycolic acid peel market is driven by advancements in technology and rising demand for cosmetic operations. There is a growing trend toward cosmetic surgeries and treatments all around the world. Owing to the latest beauty trends on the social media, chemical peels are becoming increasingly popular. The demand for global glycolic acid peel is being driven by the increasing desire for skin that is perfect and young.

The demand for aesthetic procedures like chemical peels has increased. Cosmetic and skincare procedures are becoming more and more popular in emerging nations. The impact of social media and the globalization of beauty standards contributed to glycolic acid peel market growth rate.

The increasing incidence of skin disorders such as acne, hyperpigmentation, and aging related issues is expected to drive market growth. Pharmaceutical businesses are expected to take advantage of the above possibilities by investing in product development and marketing techniques to gain a greater market share. The glycolic acid peel market, which focuses on offering high quality, medically authorized skincare treatments, is expected to develop rapidly in the pharmaceutical industry during the forecast period.

Innovations in cosmetic formulations and dermatological treatments are broadening the application range of glycolic acid peels, catering to a variety of skin types and issues. The use of natural and organic components in skincare products is expected to drive market growth as customers value safety and sustainability.

The emergence of novel delivery systems and individualized skincare regimens, together with the growing ecommerce industry, is predicted to increase market accessibility and penetration. The glycolic acid peel industry is anticipated to show better growth prospects owing to the ongoing innovation, customer demand, and growing market penetration.

Attributes Description
Estimated Global Glycolic Acid Peel Market Size (2024E) USD 389.5 million
Projected Global Glycolic Acid Peel Industry Value (2034F) USD 679.6 million
Value-based CAGR (2024 to 2034) 5.7%

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Key Industry Highlights

Growing Use of Non Invasive Techniques to Drive Growth of the Glycolic Acid Peel Market

The growth of the glycolic acid peel market is influenced by the rising demand for non invasive and minimally invasive treatments. In the glycolic acid peel market, non invasive and minimally invasive cosmetic treatments including face rejuvenation is highly popular. The techniques facilitate a speedy recuperation and reduce the likelihood of postoperative complications.

Numerous economies provide a plethora of options to enhance the accessibility of non surgical procedures for individuals and to establish straightforward payment plans. The substantial move away from traditional surgical procedures and toward non surgical ones, such as advanced medical laser treatments, will drive market expansion.

Glycolic Acid Peel for Professional Use Propelling the Market Growth of the Glycolic Acid Peel Market

The growing desire for skin rejuvenation and the pursuit of youthful, beautiful skin drives demand for cosmetic procedures such as chemical peels. Advances in skincare technology have resulted in safer, more effective formulas, lowering the risks and downtime associated with the procedures and attracting more customers. Cosmetic treatments, particularly chemical peels, are gaining popularity, owing to increased availability to information and the growing impact of social media and beauty standards.

Chemical peels offer customization options, catering to diverse skin types and specific concerns, appealing to a broad consumer base seeking personalized skincare solutions. The aging population is excessively concerns about skin aging, coupled with endorsements by skin care professionals and influencers, further drives consumer interest in chemical peels. Increased accessibility to skincare clinics and aesthetic centers offering the treatments also contributes to glycolic acid peel market expansion.

Way of using the Peels is Paving the Way to Success

The glycolic acid peel market benefits from the recommended technique of beginning with lower concentrations and progressively increasing strength during peeling sessions, which ensures efficacy and safety. The required minimum 2 week intervals between sessions assist to the long term growth of the market by complying with recommended practices for preserving skin health.

The success of glycolic acid peels is dependent on neutralization, which is determined by the presence of erythema. The peel depth, which is regulated by its duration, adds another layer to its application, allowing the peel to treat a wide range of dermatological disorders further driving the market growth.

2019 to 2023 Global Glycolic Acid Peel Demand Analysis Compared to Demand Forecasts for 2024 to 2034

Global glycolic acid peel demand increased at a CAGR of 3.5% from 2019 to 2023. For the next ten years (2024 to 2034), projections are that expenditure on glycolic acid peel will reach a CAGR of 5.7%.

From 2019 to 2024, the demand for glycolic acid peel showed a consistent growth trajectory, driven by rising consumer preference for non invasive cosmetic treatments. Rising disposable incomes, altering beauty standards, and an aging population have all contributed to increased demand for glycolic acid peels across a wide range of demographics around the world.

The future of the glycolic acid peel market is bright, and its demand will continue to rise. This estimate is based on predicted developments in skincare technologies, an increasing customer base, and the continued quest of young and glowing skin. The rising preference for natural and organic skincare solutions is likely to fuel market expansion, as glycolic acid continues to establish itself as a key element in millions of skincare regimens of consumers throughout the world. As the beauty industry evolves, the demand for glycolic acid peels is expected to skyrocket.

Sudip Saha
Sudip Saha

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Country-wise Insights

The following table shows the estimated growth rates of the top three markets. India and China are set to exhibit high glycolic acid peel market growth, recording CAGRs of 11.3% and 9.4%, respectively, through 2034.

Countries CAGR 2024 to 2034
India 11.3%
China 9.4%
Spain 5.9%
France 5.5%
United States 1.3%

Growing Demand Glycolic Acid Based Cosmetic Products is likely to Drive the Market in India

The glycolic acid peel market growth rate in India is projected to ascend at a CAGR of 11.3% during the forecast period. The demand for glycolic acid based cosmetic products in India is driving the market for glycolic acid peel. Lotions, ointments, medications, and other products contain glycolic acid. The need for skin care products has grown along with the population and rate of urbanization.

With an increased emphasis on natural and sustainable beauty, there is a greater need for organic and environmentally friendly glycolic acid peel solutions. Brands that use natural products and eco friendly procedures are gaining appeal, coinciding with the changing preferences of the customers for holistic skincare solutions.

Professional Skincare Industry is Propelling the Market Demand in Spain

The glycolic acid peel market growth rate in Spain is expected to thrive at a CAGR of 5.9% during the assessment period. The demand for products with a glycolic foundation rises along with its population growth. Products with a glycolic basis are employed in a variety of sectors, which contributes to the market expansion for glycolic acid.

The professional skincare industry in Spain is expanding rapidly, with physicians, estheticians, and beauty clinics adopting glycolic acid peels into their treatment plans. This provides a lucrative opportunity for market players to interact with experts and broaden their reach.

End Use Industries Driving the Market Demand in the United States

The glycolic acid peel market growth rate in the United States is predicted to augment at a CAGR of 1.3% during the projected period. The need for personal care products is increasing along with the population, which drives the demand for products containing glycolic acid.

Cosmetics, personal care, pharmaceuticals, are among the end use sectors driving increased product demand in the United States. In accordance with this, ongoing technical breakthroughs and product improvements contribute to the creation of enhanced formulations.

There is a growing preference for pure and organic products, therefore glycolic acid extracted from natural sources is providing a bright future for the industry.

Category-Wise Insights

Combination Segment to Remain Highly Sought After in the Glycolic Acid Peel Market

Segment Combination (Skin Type)
Value Share (2024) 29.8%

The combination category is expected to lead the glycolic acid peel market by 2024, accounting for 29.8%. This reflects the surging need for personalized skincare treatments that suit the specific demands of mixture skin, characterized by oily and dry regions.

Glycolic acid peels are an excellent choice for this skin type because of their exceptional exfoliating properties while keeping the skin hydrated. With consumers increasingly looking for solutions that address their individual skin issues, the combination skin category offers a significant opportunity for market growth.

Clinic Peels Segment is likely to Propel the Market Growth

Segment Clinic Peels (Application)
Value Share (2024) 61.9%

In 2024, the clinic peels segment is predicted to lead the Glycolic Acid Peel market, with a market share of 61.9%. The increasing demands for professional skincare treatments and the expanding number of dermatological clinics and beauty centers offering glycolic acid peels have contributed to the growth of the segment.

Consumers are increasingly seeking specialist skincare solutions to address a variety of issues, including acne, hyperpigmentation, and age indications, which is boosting the popularity of clinic based treatments. Clinics provide individualized skincare regimens using their knowledge and modern equipment, establishing them as key participants in the glycolic acid peel market environment.

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Competitive Landscape

The glycolic acid peel market is extremely competitive, with key players actively pursuing marketing strategies for glycolic acid peels and battling to strengthen their position in the market. Leading glycolic acid peel manufacturers are concentrating on technology innovations, product innovation, and diversifying their product offerings. The key players constantly spend in research and development to improve their offer and meet the changing demands of their clientele in terms of effectiveness, performance, and sustainability.

Recent Developments

  • In 2023, L'Oreal Group launched its glycolic acid peeling toner formulated with 5% glycolic acid, the dermatologist's gold standard for professional peels, and designed for maximum effectiveness and safety every day. Clinically proven to show clean, fresh, and bright skin. Dermatologists tested all skin tones.
  • In 2023, the Estée Lauder Companies launched Advanced Night Repair Rescue Solution with 15% Bifidus Ferment. The serum's fast-absorbing, fluid texture is great for delicate, sensitive skin. The mixture decreases the appearance of continuous redness and red post-acne markings, as well as evident irritation induced by cosmetic treatments like a 50% glycolic acid peel and external triggers like men's daily face shaving.

Leading Glycolic Acid Peel Brands

L'Oreal Group, The Estée Lauder Companies, Johnson & Johnson Consumer Health, Unilever, Valeant Pharmaceuticals International Inc., Galderma S.A., Meda Pharmaceuticals Plc, Sciledo Pharma AG, Obagi Medical Products, SkinMedica, PCA Skin and Murad Skincare are the key players in the glycolic acid peel markets.

Key Segments of the Report

By Skin Type:

The glycolic acid peel market is classified into dry, oily, combination and sensitive.

By Concern:

The glycolic acid peel market is classified into hospitals, orthopedic clinics and others.

By Application:

The glycolic acid peel market is classified into in acne treatment, anti-aging and others.

By Sales Channel:

The glycolic acid peel market is classified into modern trade, mono-brand stores, specialty stores, convenience stores, pharmacies and drugstores, online retailing and others.

By Region:

Analysis of the glycolic acid peel market has been carried out in key countries of North America, Latin America, Western Europe, South Asia, East Asia, Eastern Europe and Middle East & Africa.

Frequently Asked Questions

What is the current value of the Glycolic Acid Peel market?

The global glycolic acid peel market is estimated at a value of USD 389.5 million in 2024.

At what rate did the market for Glycolic Acid Peel grow between 2019 and 2023?

Revenue of glycolic acid peel market increased at 3.5% CAGR between 2019 and 2024.

Who are the leading companies in the Glycolic Acid Peel market?

L'Oreal, The Estée Lauder Companies, Johnson & Johnson Consumer Health, Unilever, Valeant Pharmaceuticals International Inc., and Murad Skincare are some of the key players in this market.

Which country will witness significant growth by 2034?

India is projected to ascend at a CAGR of 11.3% throughout 2034.

What share does the Combination segment account for in the global Glycolic Acid Peel market in 2024?

The combination segment is projected to hold a market share of 29.8% in 2024.

Table of Content

1. Executive Summary

2. Industry Introduction, including Taxonomy and Market Definition

3. Market Trends and Success Factors, including Macro-economic Factors, Market Dynamics, and Recent Industry Developments

4. Global Market Demand Analysis 2019 to 2023 and Forecast 2024 to 2034, including Historical Analysis and Future Projections

5. Pricing Analysis

6. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034

    6.1. Skin Type

    6.2. Concern

    6.3. Application

    6.4. Sales Channel

7. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Skin Type

    7.1. Dry

    7.2. Oily

    7.3. Combination

    7.4. Sensitive

8. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Concern

    8.1. Acne Treatment

    8.2. Anti-Aging

    8.3. Others

9. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Application

    9.1. In Clinic Peels

    9.2. At Home Peels

10. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Sales Channel

    10.1. Modern Trade

    10.2. Mono-Brand Stores

    10.3. Specialty Stores

    10.4. Convenience Stores

    10.5. Pharmacies and Drugstores

    10.6. Online Retailing

    10.7. Others

11. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Region

    11.1. North America

    11.2. Latin America

    11.3. Western Europe

    11.4. South Asia

    11.5. East Asia

    11.6. Eastern Europe

    11.7. Middle East & Africa

12. North America Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries

13. Latin America Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries

14. Western Europe Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries

15. South Asia Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries

16. East Asia Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries

17. Eastern Europe Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries

18. Middle East & Africa Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries

19. Sales Forecast 2024 to 2034 by Skin Type, Concern, Application, and Sales Channel for 30 Countries

20. Competition Outlook, including Market Structure Analysis, Company Share Analysis by Key Players, and Competition Dashboard

21. Company Profile

    21.1. L'Oreal

    21.2. The Estée Lauder Companies

    21.3. Johnson & Johnson Consumer Health

    21.4. Unilever

    21.5. Valeant Pharmaceuticals International Inc.

    21.6. Galderma S.A.

    21.7. Meda Pharmaceuticals Plc

    21.8. Sciledo Pharma AG

    21.9. Obagi Medical Products

    21.10. SkinMedica

    21.11. PCA Skin

    21.12. Murad Skincare

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