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The utilization of the internet and social media platforms has increased considerably over the past few years. Thanks to technological advancements, the penetration of the internet and smartphones have also risen in developing countries. While these platforms have enhanced the connection between human beings, they are also responsible for making people more conscious regarding their physical appearance. Since people can now easily post their pictures online, they want their appearance to be flawless, owing to which they are widely making use of different cosmetic products. It is because of this that the global derma cosmetics market is projected to attain revenue of $76.3 billion by 2024, increasing from $52.5 billion in 2018, at a 6.5% CAGR during the forecast period (2019–2024).

A major factor that is resulting in the increasing demand for derma cosmetics is the rising disposable income of people across the globe, especially in developing countries. Take for instance India, where, until a few years ago, people used to rely on home remedies for taking care of their skin and enhancing their beauty. Now, however, things have changed, and due to globalization and urbanization, the focus has shifted toward commercial products. The increasing income of people has further allowed them to buy cosmetic and personal care products. The World Bank says that from $443.314 in 2000, the gross domestic product (GDP) per capita of India rose massively to $2,104.651 in 2017.

What Are Derma cosmetics?

Dermacosmetics are a bit different from conventional cosmetic products, since, along with cosmetic action, these products also have dermatological action. These products are specifically helpful when it comes to treating skin diseases, including photoaging, which is caused because of excessive exposure to ultraviolet radiation and pollution. The prevalence of skin diseases has been rising all over the world because of a number of factors, such as excessive consumption of tobacco and alcohol.

The increasing applications of cosmetics have been possible due to technological advancements that have aided in enhancing the understanding of skin physiology. Some of the most common skin diseases are hyperpigmentation, acne, freckles, dyspigmentation, deep wrinkles, psoriasis, melasma, and atopic dermatitis. Shedding light on the incidence of such issues, the World Health Organization (WHO) says, “Skin diseases are among the most common of all human health afflictions and affect almost 900 million people in the world at any time.”

Applications of Derma cosmetics

A large number of products, including toners, creams, gels, cleansers, lotions, and serums, are now available in the market for the treatment of skin diseases. Out of all dermatological diseases, acne is one of the most common; it is caused by the blockage of the hair follicles by dirt, dead skin cells, and sebum. A majority of the population across the globe is affected by acne that eventually results in scarring. As per the American Academy of Dermatology, about 85% of Americans are affected by acne during some phase in their lives. The demand for derma cosmetics has been considerably high for treating acne in the past, and the situation is expected to be the same in the coming years. 

Other than skin problems, derma cosmetics are also used for hair-related problems, such as hair fall, dandruff, and the damage caused by excessive exposure to pollution and ultraviolet radiation. Shampoos and conditioners are some of the most common derma cosmetics utilized by people all over the world.

Where Can these Products be Procured from?

Different types of derma cosmetics are available at pharmacies & retail stores and online platforms. The sale of these products via pharmacies & retail stores has been higher up till now, as a wide range of over-the-counter products is available in such stores. This being said, the procurement of derma cosmetics is also projected to rise from online platforms in the years to come, which can be ascribed to the rising trend of online shopping all over the world. Derma cosmetics are majorly used at homes, clinics, medical spas, and salons, and hospitals. Clinical, medical spas and salons make the most use of these products, as a number of skin diseases are treated at these facilities.

Asia-Pacific (APAC) To Have Most Flawless Skin in Future?

The demand for derma cosmetics has been increasing rapidly in Asia-Pacific (APAC), which can be ascribed to the changing lifestyle patterns, improving the economic condition of various countries, rising awareness regarding derma cosmetics, growing personal spending, and a strong presence of major companies operating in the domain. Moreover, the incidence of skin diseases is rising rapidly in APAC, which is why people are increasingly spending money on skin treatments.

Many of the key companies offering derma cosmetics, such as Bausch Health Companies Inc., Allergan plc, Johnson & Johnson, Procter & Gamble (P&G), Unilever Group, L’Oréal S.A., and Beiersdorf AG, are household names, thanks to their effective marketing campaigns, extensive supply network, and wide range of products.

In conclusion, the adoption of derma cosmetics has been increasing all across the globe, due to the rising incidence of skin diseases, surging purchasing power of people across the globe, and growing focus of people on physical appearance.

Source: P&S Intelligence

Author Bio

Pramod Kumar has around 7 years of experience in market research and consulting services for healthcare industry. He holds varied experience in market sizing and forecasting with varied models, competition landscape, consumer behavior analysis, opportunity analysis, product/company benchmarking, data mining and others.

He has successfully delivered multiple projects on go-to-market strategies, pricing strategy, price point analysis, Business Expansion, market entry and exit, share analysis and others. Prior to joining P&S Intelligence, he worked with different research companies, including Transparency Market Research and MarketsandMarkets Pvt Ltd.

Do you really need a skincare fridge?

Keeping skincare products in the fridge isn’t expressly necessary unless a company advises it. So while most people probably don’t need a skincare fridge, “storing some skincare products in the fridge can help protect the longevity and stability,” says Dr. Stein.

Makeup fridges are the sort of beauty phenomenon that could only spawn in the social media age. They’re compact. They’re colorful. When spilling over with face masks and pint-sized perfumes, they’re just plain cute. They’ve been posted with the hashtag #beautyfridge 2,186 times on Instagram. What they’re not, however, is totally necessary for your skincare or makeup routine.

The best products to keep in a skincare fridge is eye cream. “The cooler temperature of an eye cream helps calm puffiness by causing vasoconstriction, the restriction of blood flow to the under-eye area,” she says. “A chilled eye cream can definitely help decrease those pesky eye bags in the morning.

We love!

Not only are they a private spot to cool down your stash of sheet masks, face mists, creams and more (without any food odors thrown into the mix), but they’re also much smaller than the average refrigerator, meaning you can store them on your work desk or vanity as enviable decor.

Cooluli Infinity 10L Mini Refrigerator

Perfect for cooling sodas, snacks and serums too, this mini fridge from Cooluli is an ultra-versatile addition to your space. Compact, mini design switches from heating to cooling with a thermoelectric system that adapts to your needs with quiet, low-noise operation. Plugs in to power on.

Features
– Mini refrigerator
– Thermo-electric cooling and warming system
– Compact and portable
– Top handle
– Plug-in

Content + Care
– Plastic, tempered glass
– Wipe clean
– Imported
– Made in compliance with US electrical standards. To use this item outside of the US, pair with an outlet adapter and voltage converter made specifically for use in your location.

Size
– Dimensions: 11.4”l x 9.4”w x 13.4”h
– Weight: 7.9 lbs
– Shipping package dimensions: 15.2”l x 11.1”w x 13.5”h
– Shipping package weight: 8.9 lbs

The Frigidaire 6 can mini personal beverage refrigerator The retro design will look great with any decor whether contemporary or traditional. $44.99

  • Holds 6-cans or 4 l
  • Compact and portable with a carrying handle so you can take it with you where ever you go
  • Heavy duty locking latch and door hinge to keep your beverages or snacks secure
  • A viewing window allows you to see inside so you know when it’s time to refill
  • Easy to clean, fully insulated interior features a shelf for storing small snacks
  • Thermoelectric cooling system keeps your beverages and snacks at just the right temperature consistently
  • Quiet and safe from vibration
  • Cools up to 20°F below ambient room temperature
  • Powered by 110-Volt (AC) wall outlet
  • Plugs in to 12-Volt car adapter or home outlet, both cords included
  • 1-year warranty on parts and labor

Cooluli – Classic 0.1 Cu. Ft. Mini Fridge – White $49.00

EcoMax technology

The fridge features Cooluli’s unique cooling system, making it powerful yet incredibly quiet.

From cooling to warming with one quick switch

The simple flip of a switch gets your mini fridge to go from cooling to warming easily.

1 shelf and 1 door basket

Offer stylish storage for your items.

Cooling or warming

The fridge cools down to 35° – 40°F below ambient temperature and warms up to 149°F by internal thermostat.

Single door

Classic design that meets various needs.

Carry handle on the top

Makes transport easy and convenient.

Includes a USB cord

The fridge comes with a USB cord and offers flexibility, the fridge can be powered with a minimum 2A power bank (USB power bank not included).

0.14 cu. ft. storage capacity

Provides plenty of space to keep your cosmetics and skincare products cold and fresh.

Gourmia 6-Can Mini Fridge Cooler & Warmer with Bluetooth Speaker. $55.59

This lightweight Gourmia fridge is awesome for your skincare products.

PRODUCT FEATURES

  • Lightweight 6-can mini cooler and warmer features a removable shelf, self-locking latch, and integrated carry handle, all designed for easy portability.
  • Bluetooth speaker is perfect for entertaining at the campsite or the dorm, and the integrated speaker connects to your iPhone, Android, or other compatible smart device so you can stream music or podcasts while enjoying your refreshments.
  • Easily choose to chill up to 32°F or keep items warm with the flip of a switch. Well insulated interior holds temperature even after unplugged
  • Included are 2 detachable power chords, 1 AC for wall outlets, and 1 DC for cigarette lighters perfect for the home or on the road
  • Self-locking door

PRODUCT CARE

  • Manufacturer’s 1-year limited warranty
  • For warranty information please click here

PRODUCT DETAILS

  • 10.24″H x 9.25″L x 6.89″W
  • 120V
  • 3-ft. cord length
  • Model no. GMF668BL

At I’m Fabulous Cosmetics we have started Black Friday. We are offering buy 1 get 1 free on all items.

Great idea to buy 1 for you and give the other item to your loved one for the holidays season.

You can buy any items and as many as you want.

BUY 1 GET 1 FREE + receive a limited edition organic anti-aging eye serum + 2 free samples
MAKE SURE TO ADD 2 OF EACH ITEM IN YOUR CART AND YOU WILL SEE HALF PRICE AT CHECKOUT.

Coupon Code: BUY1GET1FREE

Only at imfabulouscosmetics.com

Cannot be redeemed with other deals or coupons. Ends 11/24/2018

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