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Europe Acne Treatment Market to Progress at 4.9% CAGR over 2021-2028

Europe acne treatment market size was estimated to be worth USD 940.3 million in 2020. The market value is set to increase USD 928.7 million in 2021 to USD 1,297.0 million in 2028 at a 4.9% CAGR during the projected period. Growth can be closely tied to the rising prevalence of acne and other skin disorders in the region. In the U.K. alone, over 95% of people aged 11-30 years suffer from acne to some extent, as per the U.K. National Health Service (NHS). Fortune Business Insights presents this information in its report titled “Europe Acne Treatment Market, 2021-2028.”            Acne is a severe skin condition that arises when the hair follicles get clogged with dead skin cells and excess oil. The occurrence of acne and associated conditions among the European population, mainly teenagers and adults, has increased considerably over the years. Novel solutions for acne treatment, both topical and oral, are being evaluated and commercialized in the region. Additionally, several campaigns are being introduced to raise public awareness towards these solutions. Citing an instance, U.K.-based skincare brand Ditch the Label conducts the annual Acne Awareness Month to educate youth about acne. Such initiatives will certainly boost the adoption of acne care products across Europe. Get Sample PDF Brochure: COVID-19 Impact: Acne Care Products Experience Lower Demand due to Decline in Dermatology Consultations The coronavirus pandemic has slightly affected Europe acne treatment market growth. A notable decline in dermatology appointments was witnessed throughout 2020 due to stay-at-home orders across most European countries. Consequently, several market players reported a drop in revenues from their acne and skincare businesses. For instance, Spanish pharmaceutical brand Almirall, S.A. recorded a 5% revenue decline in its dermatology business in 2020 compared to 2019. In addition, various clinical studies for acne products were postponed in 2020. On account of the abovementioned factors, acne treatment products experienced lower demand during the COVID-19 pandemic. To get to know more about the short-term and long-term impact of COVID-19 on this market, please visit: Contact Us: Fortune Business Insights™ Pvt. Ltd. U.S.: +1 424 253 0390 U.K.: +44 2071 939123 APAC: +91 744 740 1245 Email: [email protected]

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