The sales of the worldwide ormedic skincare industry are expected to surpass a market valuation of USD 5,373.9 million in 2024 and are expected to reach USD 11,818.6 million by 2034, with a robust CAGR of 8.2% between 2024 and 2034. In 2023, the revenue from ormedic skincare was USD 4,894.3 million. The industry is anticipated to demonstrate significant year-over-year (Y-o-Y) growth of 9.8% in 2024.
The market of globally considered organic and medicalized skincare also known as ormedic skincare is growing fast due to the growing consciousness of worldwide consumers regarding environmentally friendly skincare and efficient dermatological treatments.
This market involves people incisive for natural and quality products to solve skin problems including acne, ageing, sensitized skin, and skin that is darkened. The combination of organic aesthetics and profoundly effective product performance is where this sector can address modern consumer needs the most.
From the market viewpoint, the ormedic skincare segment is characterized by the tendencies such as the constantly rising clean beauty movement, increasing consumer concern about the safety of the ingredients, and the tendency towards environmentally friendly products.
Modern consumers demand more transparency, efficacy and sustainability, influencing producers to develop new combinations of plant ingredients with effective agents such as retinoids, peptides and hyaluronic acid. The treatment products not only target skin care needs but are also related to ethical/moral and environmental concerns making them more popular among different generations.
| Attributes | Key Insights |
|---|---|
| Historical Size, 2023 | USD 4,894.3 Million |
| Estimated Size, 2024 | ~USD 5,373.9 Million |
| Projected Size, 2034 | ~USD 11,818.6 Million |
| Value-based CAGR (2024 to 2034) | ~8.2% |
The market also benefits from increasing disposable income, especially in developing countries and the ability and willingness to spend on premium products in the skincare segment. Today, e-commerce channels are most significant in determining the level of market access in which digital platforms facilitate direct access of brands to consumers.
This has been complemented by the use of artificial intelligence in creating personalization tools that provide appropriate body skin care, therefore improving the satisfaction of the consumers.
Region-wise, North America holds the largest share as the population has become more aware of dermatological brands. Europe is also next, largely due to strict rules that only organic products are allowed in formulation. However, Asia-Pacific is expected to become an attractive region for natural and therapeutic skincare in countries such as the Republic of Korea, Japan, and India.
Some of the influences that enhance the market growth include increased incidence of skin diseases arising from pollution, changes in lifestyles and rising use of chemicals in conventional cosmetics.
Exclusive Offer: 30% Off on Regional Reports
Get a free sample report and customize your regions for a 30% discount on your regional report!
Growing Consumer Demand for Clean Beauty
The tendency towards clean beauty becomes one of the primary reasons that have influenced the ormedic skincare market. The present generation of consumers is very conscious of the impact that certain chemicals and synthetic substances used in typical skin care products may have on the skin and the body in the long run.
This is stimulated by more consciousness of the ingredients, the source of the ingredients and the environmental conservation and international efforts.
Thus, clean beauty products free from chemicals, synthetic dyes and fragrances, GMOs and pesticides correlate well with these values while ormedic skincare solutions are very appealing. The demand is more relevant among millennials and Gen Z people, who are regarded as key consumers within the market and who give preference to brands that attach the value of health and eco-friendliness.
Furthermore, fluctuations in statutory laws in areas including Europe and North America make it necessary for manufacturers to exclude products containing toxic ingredients such as parabens, sulfates, or artificial fragrances boosting the clean beauty trend.
Many brands that successfully manage to address this need tend to emphasize some labels like “USDA Organic,” “ECOCERT,” or “Vegan.” Clean beauty influencers and their campaigns on social media have also advanced ormedic products as essentials in one’s daily skincare regimen.
Innovation in Hybrid Formulations
The ormedic skincare market thrives on its ability to blend the best of two worlds: the encouragement of organic ingredients and the effectiveness of medical grade actives. This combination appeals to a broad section of people; those who prefer organics, and those who need products that have been proven to work, medically.
Current remedies may contain herbal mixtures including chamomile, green tea or Aloe-Vera together with clinically proven dermatologicals such as retinoid, peptides or salicylic acid. This synergy not only raises the therapeutic value of the products but also develops multiple functional cosmetics products for various treatments like ageing, acne, or skin pigmentation.
Another area with innovation is in “smart” formulations which contain technological material such as the delivery system by use of capsules. The brands are employing scientific techniques to enhance product effectiveness without necessarily altering its natural state.
This trend is a major growth opportunity for both the new entrants and the existing players to stand out. The versatility of being able to meet the various consumer needs through formulation makes hybrid products relevant to professional skin care products of the current generation.
Rapid Growth of E-commerce and Digital Channels
The ormedic skincare market has grown on the back of the growth of e-commerce channels, and the subsequent convenience that buyers have got from e-shopping. Using Amazon, Sephora, or the brand’s website is a necessary tool for reaching out to the target audience across the world, especially for small and specific-orientation brands.
Through social platforms, customers get an opportunity to compare products and read customer reviews, which are very important as the skincare products market is highly targeted. Furthermore, businesses are harnessing the online environment by using AI tools such as skin diagnosis and recommendations for products most suitable for the skin difficulties any given customer might be facing.
Other platforms such as Instagram, TikTok and YouTube have also turned out to be instrumental when it comes to marketing. Various brands and skincare specialists post product reviews, application guides, and first-and-after images that prompt buyer self-assurance helping sell these products. Another trend that is rapidly growing is live-streaming e-commerce which is dominating in Asia and enables direct communication with brands and specialists.
Door delivery through e-commerce platforms combined with online digital campaigns and offers have been the key factor that has promoted ormedic skincare sales. In the future, new technological solutions such as augmented reality (AR) for virtual product testing and advanced mobile interfaces consumers will give a further boost to growth.
Rising Demand for Personalized Skincare
The concept of personalization is now ingrained in the ormedic skincare market due to the growing consumer demand for specialization in product formulations for their type of skin and the problems they are encountering. Skincare companies are changing how they communicate with their customers thanks to the new generation of AI and machine learning.
Personalised skin care is based on the diagnostic equipment that determines characteristics of the skin including roughness, softness, lipids, and colour. These technologies allow brands to provide the option of specific product suggestions for a particular customer or develop a unique mix for a specific customer.
There are subscription models as well, which provide boxes filled with skin care products for the month depending on the skin’s requirements. They particularly resonate well in the ormedic sector, where product formulation, disclosed activities, and performance are critical.
Personalization also serves the purpose of building long-term relationships by enhancing the relationship between the brand and the consumers. However, as methods for collecting information enhance and issues related to personal data protection continue to be solved, individualized cosmetics will always remain one of the key opportunities for the ormedic market's further development.
Expanding Focus on Sustainable Practices
Sustainability is an important factor and not a mere trend when evaluating the prospects of the ormedic skincare market. From the ingredients to the packaging, consumers are calling for environmentally sustainable processes from the purchase of inputs to the disposal of products.
They are engaging in sustainable practices like no-waste manufacturing, manufacturing products without water content and resourcefully reusable packing systems. Another factor that can be pointed out is that upcycled ingredients like plant materials that are obtained after the processing of other products correspond to the market’s focus on sustainable resource use and minimization of material waste.
This includes a conductive focus on ethical sourcing to cater for the sourcing of the ingredients in the right manner without exploitation of workers. Labels such as Fair Trade, Cruelty-Free and Carbon Neutral add value to consumers and make the brand more acceptable.
Market dynamics are forcing businesses to change for the better, but the pressures coming from regulations and the Green movement seem the most pressing. As for packaging formats and by-product disposal rules on key world markets such as Europe and North America, it is directly helping manufacturers to switch to a circular economy.
The global ormedic skincare market experienced a compound annual growth rate (CAGR) of 6.8% from 2019 to 2023. By 2023, the market had escalated to USD 4,894.3 million, a substantial increase from USD 3,761.9 million in 2019. This growth trajectory underscores the increasing importance consumers place on skincare products as an integral component of their well-being.
The ormedic skincare market size continued to increase from 2019 to 2023, mainly as a result of the high global demand for clean beauty products, the increasing incorporation of sustainable practices, and the growing importance of dermopharmacology to skin health.
During this period, sales were driven mainly by the new trend of online shopping, the growing importance of social media marketing, and the general introduction to natural yet impactful skincare. The advancement in the growth of the market was further boosted by the COVID-19 outbreak which led to enhanced consumer awareness with necessity and luxury products in skincare specific to personalized needs.
The biggest market from 2019 to 2023 was North America and Europe due to better disposable income, rigid regulatory approval for chemical-based products and strong brand establishment.
South Korea, Japan, and China of the Asia-Pacific region were other promising market due to increasing demand for the combined effects of skincare and chemical Exfoliants and the focus on the individual customer. Nevertheless, such factors as supply chain disruptions and cost volatility of certain raw materials were evident threats during this phase of growth.
Moving forward, the demand growth rate forecast from 2024 to 2034 shows a higher CAGR due to enhanced skills in ingredients formulation and distribution technology. The market is expected to invest in the concept of combining the use of AI/machine learning for customized skincare and the continuity of embracing environmentally friendly packaging and legal compliance.
Consumers in Latin America, Africa, and Southeast Asia will be major driving forces to the growth of the global premium skincare market owing to factors such as urbanization, higher disposable income and easy access to purchase the products using digitally enabled platforms.
In conclusion, the next decade might see an increased struggle among brands that will have to find ways of combining natural components with clinical performance. The ormedic skincare market is ready to grow as a fundamental part of the global beauty business, fulfilling the customer need for more sustainable, effective, and moral skincare products.
Tier-1 players seized the largest market share between 43.6% and 46.8% in 2023 in the ormedic skincare market. The tier-1 firms dominate the growth in the ormedic skincare market through superior technological innovation, a rich supply of products, and ceaseless research approaches.
Many of these companies have well-established brand and distribution channels on the global level, which guarantees customers access to the best quality of differentiated products with consistent innovation. A wide variety of products are developed including organic and medical skin care products to address various skin issues, including anti-ageing, acne, and hyperpigmentation concerns.
These players strictly follow different international regulations, which also include the policies of sustainability that are a mandate to the company to cater to the consumers’ demand for clean and green beauty products. Significant market players are L’Oréal SA, Estée Lauder Companies, Procter & Gamble (Olay), Shiseido Co., Ltd., & Beiersdorf AG (Nivea, Eucerin) among others.
Tier-2 market players in the ormedic skincare include companies that have revenues between 30.5% to 36.3%, hence occupying a strategic market position in niche regional and specialty market segments. Their speciality is in providing focused services like the use of mild products or geography-specific products as per cultural requirements.
These firms thus sustain competitive standing by funding customer-oriented innovations and mid-tier price levels. They are thus able to establish customer loyalty, especially in the regions they operate in and put to market products of high performance at comparatively low prices, especially in up-and-coming markets.
Key companies include Tata Harper Skincare, Drunk Elephant (Shiseido), Herbivore Botanicals, Fresh (LVMH), and Glow Recipe, among others.
Tier-3 key manufacturers are small-scale firms whose revenues are less than 25%; They often operate with certain narrow niches in mind, whether that means environmental awareness, veganism in cosmetics, or particular skin diseases. Their centered strategies allow them to provide customers with more personal services and adjust products to the proper needs of consumers in special zones.
These firms may not have as many resources as Tier-1 and Tier-2 competitors “That means these firms lack broad solutions, are more reactive, and have limited possibilities to saturate an entire market, but they are much more flexible and ready to turn niches around.” Some of the Tier-3 players' priorities focus on sustainability strategies like biodegradable packaging and sourcing of materials.
Some of the important companies in this segment are Cocokind, Alpyn Beauty, Indie Lee, True Botanicals Company, and One Love Organics among others.
The following section delves into the global market for ormedic skincare, focusing on demand across key countries and regions, including North America, Asia Pacific, and Europe.
The United States is forecast to dominate the North American market, holding a substantial share of 82.6% by 2034. The USA market benefits from the presence of numerous leading brands and a highly developed distribution network. Meanwhile, Canada is projected to grow at a robust CAGR of 6.8% during the same period.
Country-Wise CAGR (2024 to 2034):
| Countries | Value CAGR (2024 to 2034) |
|---|---|
| Canada | 6.8% |
| USA | 6.1% |
| Germany | 6.5% |
| Italy | 7.4% |
| South Korea | 9.5% |
| India | 12.3% |
| Japan | 10.6% |
The United States market is expected to experience promising growth in the ormedic skincare market with the same expected to grow at a CAGR of 6.1% from 2024 to 2034. The United States remains the largest consumer of ormedic skincare since consumers here are knowledgeable about the products along with good purchasing power.
A new generation of chemical-free, organic, and medical-grade cosmetics is a direct response to the rising trend towards sustainable beauty and dermatological needs.
Key brands such as Estée Lauder, and other multinational companies like P&G and L’Oréal have developed a solid foundation of the Industry in the United States. Selling through websites such as Amazon, Ulta, Sephora and others is crucial with the shift in focus to digital sales.
In addition, controlled measures on the safety of the ingredients used and other claims to market have acted as drivers to the growth of the market.
The ormedic skincare market in South Korea constituted a market share of 3.5% in 2023. South Korea takes a unique position for itself toward the ormedic skincare market as a country that sets trends being recognized as one of the world’s leaders in beauty innovations.
This puts pressure on research and development thus resulting in the fast adoption of some new hybrid formulations such as fermented organic formulation with dermatological actives.
Korean consumers are relatively knowledgeable about products and are in search of products that are suitable for their skin and conditions. Leading retailers in South Korea include Amorepacific Group with brands Innisfree, Sulwhasoo and LG Household & Health Care that incorporated important values of traditional Korean medicine and modern science.
Sustainability is another driver where consumers are demanding biodegradable packaging for products or products certified not to have been tested on animals.
The landscape of Germany’s industry of skincare products has shifted upwards, to health consciousness among people. Germany is a major market in the otherwise fragmented Europe ormedic skincare market, which is characterized by high regulation and demand for scientifically endorsed products.
German consumers have a high appreciation for the efficiency and ecological aspects as well as the social responsibility of products.
Currently, Beiersdorf (Nivea, Eucerin) and Weleda are the major market leaders that promote products of natural and organic origin with references to scientific evidence. The large share of pharmacies corresponds to the significance of the decisions made on the recommendation of experts.
The use of recyclable packaging for the products and ingredients sourced from the country enables the country to meet the global demand for sustainable skincare offerings.
Check Free Sample Report & Save 40%!
Select your niche segments and personalize your insights for smart savings. Cut costs now!
The section contains information about the leading segments in the industry. By product type, the moisturizers segment is estimated to grow at a CAGR of 6.3% throughout 2034. Additionally, the cleansers and toners in terms of product type segment are projected to expand at 8.5% till 2034.
| Product Type | Moisturizers |
|---|---|
| Value Share (2034) | 43.6% |
The global ormedic skincare market is motivated by several product varieties and the different skin-related requirements of the consumers.
Cleansers & toners are widely used in daily skin care to remove make-up and prep the skin for treatment with other products, and the interest in natural gentle SLS-free products containing such calming ingredients as aloe Vera or chamomile grows steadily, especially for people with sensitive skin problems or acne.
Moisturizers remain popular, consumers are looking for solutions, including inventions to meet skin hydration needs that also help fight ageing and skin damage. Consumers are also looking for multi-purpose moisturizers with new actives such as hyaluronic acid, peptides, and antioxidants.
Sun protection is on the rise as people pay more attention to their skin and coming up with new better formulations which include minerals with zinc oxide and antioxidants such as vitamin C serums and creams, and products for anti-ageing are popular; serums and creams with retinol alternatives, peptides, and collagen boosters. People still use acne treatment products, and additional components like salicylic acid and tea tree oil are quite in demand.
| Skin Type | Sensitive Skin |
|---|---|
| Value Share (2034) | 56.8% |
Surges in ormedic care mainly motivate the current expansion of the global ormedic skincare market due to the growing demand for skin care products depending on skin types. Specific skin type products have become critical solutions to treat numerous issues meaning that there is a need for personal skin care products.
Sensitive skin is specifically important because consumers are seeking mild, hypoallergenic formulas containing organic components such as aloe Vera, chamomile, and calendula that would calm the skin. This has in turn encouraged the use of gentle cleanser, toner and moisturizers that are gentle to this type of skin.
The dry skin segment also has high demand, particularly in climates such as winter. So products that contain ingredients like hyaluronic acid, glycerin, and shea butter as humectants are very popular as they help restore skin’s moisture and defend it against earthly conditions.
As for, oily and acne-prone skin remedies are all about products that contain salicylic acid, tea tree oil or witch hazel as they help reduce the oil and prevent the acne. Customers remain loyal to lightweight cosmetics which are non-acne genic, and products which lend transparency besides moisturizing the skin without blocking pores.
Key players in the ormedic skincare market are focusing on expanding their product lines with innovative formulations and targeting niche segments. They are also leveraging online platforms for direct consumer engagement and enhancing their distribution networks globally to capitalize on emerging markets and evolving consumer preferences.
Recent Industry Developments
In terms of product type, the industry is divided into cleansers & toners, moisturizers, sunscreens, anti-ageing products, acne treatment products, and body care
The industry is classified by skin type as sensitive skin, dry skin, oily and acne-prone skin, combination skin, ageing skin, and hyper-pigmented skin
The industry is classified by end users as individual consumers, professional users, and commercial buyers
In terms of distribution channels, the industry is segregated into online retail, offline retail, and professional channels
Key countries of North America, Latin America, Europe, East Asia, South Asia, Middle East and Africa (MEA), and Oceania have been covered in the report.
The global ormedic skincare is projected to witness a CAGR of 8.2% between 2024 and 2034.
The global ormedic skincare stood at USD 4,894.3 million in 2023.
The global ormedic skincare is anticipated to reach USD 11,818.6 million by 2034 end.
East Asia is set to record the highest CAGR of 11.7% during the assessment period.
The key players operating in the global ormedic skincare industry include Estée Lauder Companies, L'Oréal Group, Procter & Gamble (P&G), Unilever, Johnson & Johnson, Beiersdorf AG, Shiseido Co., Ltd., and Amorepacific Corporation, among others.
Explore Beauty & Wellness Insights
View Reports
Ormedic Skincare Market
Thank you!
You will receive an email from our Business Development Manager. Please be sure to check your SPAM/JUNK folder too.
