Acne care in focus: ingredient’s growth implications for skin care, hair care, makeup and fragrance

By Lucy Whitehouse

- Last updated on GMT

Acne care in focus: ingredient’s growth implications for skin care, hair care, makeup and fragrance

Related tags Cosmetics

Alpha hydroxy acid’s market size is estimated to exceed USD 3 billion by 2024; according to a new research report by Global Market Insights (GMI), Inc.

According to the firm, the potential outlook in skin care, hair care, makeup, fragrances and other cosmetic applications will drive the alpha hydroxy acid market growth, with high effectiveness in treatment of acne, black & white heads, and dark pigments key properties supporting the product demand.

Increase in cosmetic spending particularly in developed nations will support product demand, and as per analysis, average annual cosmetic spending is around USD 200 per person in 2017.

Demand for naturals

According to GMI​, shifting consumer preference for natural based cosmetic ingredients is the key factor driving alpha hydroxy acid market size.

Meanwhile, rising demand for anti-ageing products owing to multifunctional properties and easy product availability will drive industry demand. Anti-aging products industry is projected to worth over USD 216 billion in 2021.

Changing income trends and improving standard of living particularly in developing nations will enhance industry growth, the firm also predicts.

For instance, China disposable income increased to USD 5 billion per capita in 2016 from USD 4 billion per capita in 2015.

Product benefits driving growth

Significant product benefits include efficient exfoliation, removal of blackhead & blocked pores and skin lightening, and these are the key driving factors of industry growth.

Increased potency and efficiency due to technological advancements and innovations will open new avenues for product demand.

However, increased photosensitivity of skin due to removal of dead skin or upper layers of skin is the major restraining factor of business growth, the firm cautions.

Related topics Market Trends Skin Care

Related news

Show more

Related products

show more

Get your skin ready for summer

Get your skin ready for summer

Content provided by Robertet Health & Beauty | 27-Jun-2023 | Product Brochure

Sunbathing at the beach is the first UV-related skin damage that comes to mind. Whereas, enjoying a coffee on a terrace under the sun can be as harmful.

Tagra Launches New Water-Soluble Biotin Revolution

Tagra Launches New Water-Soluble Biotin Revolution

Content provided by Tagra Biotechnologies | 05-Apr-2023 | Product Presentation

Biotin (vitamin B7) helps improve hair health, skin’s pigmentation, and nail’s appearance. Biotin occurs as a crystalline powder with very little solubility...

Related suppliers

Follow us


View more


Beauty 4.0 Podcast