Chemical Peel Market Size, Share, Growth, Trends | Report 2023-2032
The global chemical peel market was estimated at USD 1.9 billion in 2022 and it is expected to surpass around USD 3.25 billion by 2032, poised to grow at a CAGR of 5.52% from 2023 to 2032.
Report Highlights
As people are becoming more conscious about their skin and looks and looking for methods to get smooth flawless skin by getting rid of skin problems, the chemical peel has been their common choice as it is less painful and quick.
Increasing awareness among the masses about their skin and its problems like acne, dark spots, wrinkles, fine lines, and dark circles has led to an increase in the demand for a chemical peel treatment. People want to treat their skin with something that can provide them with quick results and minimum pain and the chemical peel fits best for them. It does not require injecting any syringes into the skin thus is done with minimal pain and within a few hours.
During the COVID-19 period, the global cosmetic products market witnessed a decline in growth rate. Cosmetic manufacturers were forced to close their production units and there was a labor shortage owing to the imposition of lockdowns by various governments. In addition, many cosmetic stores and spas were forced to close to control the spread of the infection. According to the American Society of Plastic Surgeons, in 2020 there was a decline of around 33% in chemical peel procedures in the U.S.
| Report Coverage | Details |
| Market Size in 2022 | USD 1.9 billion |
| Revenue Forecast by 2032 | USD 3.25 billion |
| Growth rate from 2023 to 2032 | CAGR of 5.52% |
| Base Year | 2022 |
| Forecast Period | 2023 to 2032 |
| Segmentation | Type, application, product, end-use, region |
| Segmentation | IMAGE Skincare; Dermalogica; Johnson & Johnson Private Limited; Bausch Health Companies Inc.; Renee Rouleau; L’Oréa |
Product Insights
The fruit peel segment accounted for 23.11% of the global revenue share in 2022. Fruit Peel is an alpha hydroxy acid extracted from sugar cane, sugar beets, and fruits. It is a mild peel used to treat aging and other skin problems. It is used to treat scars, acne, fine lines, hyperpigmentation, melasma, and sunspots.
The lactic peel segment is expected to witness a CAGR of 6.04% over the forecast period. Lactic peel is used for anti-wrinkle and pigmentation-fighting. It has been derived from milk and belongs to a class of anti-aging ingredients known as alpha-hydroxy acids (AHAs) which help to improve skin tone and reduce the appearance of pores. It is generally used for treating age spots, hyperpigmentation, and other issues that result in making the skin dull and uneven complexion.
Type Insights
The superficial or light peel segment accounted for 62.86% of the global revenue share in 2022. Superficial chemical peels are one of the mildest peels that help to remove the outer layer of the epidermis. As it doesn’t have high chemical content it can be used once a month as a skincare routine. It helps to reduce fine lines, age spots, and even skin tone. It is safe to be used anywhere on the neck, face, or body and is a good option for people with acne on the back and chest.
The medium peel segment is expected to witness a CAGR of 5.86% over the forecast period. A medium chemical peel is used to treat acne, scars, uneven skin, and deeper wrinkles. It removes the skin from both epidermis (outer layer of the skin) and dermis (upper part of the middle layer of skin). It chemically resurfaces skin to improve its appearance.
Application Insights
The acne spots segment accounted for 25.7% of the global revenue share in 2022. This is owing to the unhealthy lifestyle, increasing stress, sleep disorders, etc. There are many types of acne such as acne vulgaris, papules, pustules, nodules, cysts, mild acne, and acne mechanica, among others. The most common disease among adolescents and young adults is acne which sometimes leads to low self-confidence or self-esteem as nowadays people are becoming more conscious about their looks and appearance.
The dark circle segment is expected to witness a CAGR of 6.09% over the forecast period. Dark circles under the eyes can occur in case of extreme fatigue, oversleeping, genetics, or staying up more than normal bedtime. They become more visible and permanent with growing age as with time the skin loses collagen making it thinner and translucent.
End-use Insights
The dermatology clinics segment accounted for 35.94% of the global revenue share in 2022. The chemical peel procedure is majorly performed in dermatology clinics by cosmetic surgeons. The med spa segment is expected to witness a CAGR of 6.2% over the forecast period. Clinics and spas also provide chemical peel services as they have trained medical staff.
Medical spas offer moderate peel services such as trichloroacetic acid peel, glycolic peel, and phenol peels while deep peel services are generally provided by surgeons in hospitals. Several clinics and spas around the world such as VLCC wellness, Soma medical spa, Lake Nona ophthalmology, Synergy MedAesthetics, Alura Aesthetic Clinic, and many others are providing a different range and varieties of chemical peel services.
Regional Insights
North America held a market share of 42.3% in the year 2022. People in North America usually face a lot of skin-related and aging issues with acne being the most common skin condition followed by hyperpigmentation, melasma, and solar dermatitis. Around 50 million people suffer from acne annually. Thus, chemical peel, a quick, easy, and affordable way of treating all these problems are majorly adopted by people.
Canadians deal with several skin problems with skin cancer being the most common followed by rosacea, psoriasis, and acne being the fourth most common skin problem. To get rid of acne people generally go for a chemical peel procedure as it is cheaper than other treatments and is less time-consuming.
Asia Pacific is expected to witness a CAGR of 6.47% over the forecasted period. Asia Pacific has been witnessing a lot of beauty and personal care product launches from companies around the globe with Japan and South Korea witnessing the maximum launches. Aging is a most common issue in countries with rapidly greying populations like Japan, China, and South Korea thus becoming a major reason for attracting companies with anti-aging products. Moreover, the younger population in Asia Pacific countries has started to become more cautious about their skin thus taking timely anti-aging measures to look young and youthful.
Key Players
Market Segmentation
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. COVID 19 Impact on Chemical Peel Market
5.1. COVID-19 Landscape: Chemical Peel Industry Impact
5.2. COVID 19 - Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
Chapter 6. Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
Chapter 7. Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
Chapter 8. Global Chemical Peel Market, By Type
8.1. Chemical Peel Market, by Type, 2023-2032
8.1.1. Superficial or Light Peel
8.1.1.1. Market Revenue and Forecast (2019-2032)
8.1.2. Medium Peel
8.1.2.1. Market Revenue and Forecast (2019-2032)
8.1.3. Deep or Phenol Peel
8.1.3.1. Market Revenue and Forecast (2019-2032)
Chapter 9. Global Chemical Peel Market, By Application
9.1. Chemical Peel Market, by Application, 2023-2032
9.1.1. Acne Spots
9.1.1.1. Market Revenue and Forecast (2019-2032)
9.1.2. Wrinkles
9.1.2.1. Market Revenue and Forecast (2019-2032)
9.1.3. Fine Lines
9.1.3.1. Market Revenue and Forecast (2019-2032)
9.1.4. Hyperpigmentation
9.1.4.1. Market Revenue and Forecast (2019-2032)
9.1.5. Scars a
9.1.5.1. Market Revenue and Forecast (2019-2032)
9.1.6. Dark Circles
9.1.6.1. Market Revenue and Forecast (2019-2032)
9.1.7. Skin Brightening
9.1.7.1. Market Revenue and Forecast (2019-2032)
9.1.8. Others
9.1.8.1. Market Revenue and Forecast (2019-2032)
Chapter 10. Global Chemical Peel Market, By Product
10.1. Chemical Peel Market, by Product, 2023-2032
10.1.1. Lactic Peel
10.1.1.1. Market Revenue and Forecast (2019-2032)
10.1.2. Fruit Peel
10.1.2.1. Market Revenue and Forecast (2019-2032)
10.1.3. Salicylic Acid Peel
10.1.3.1. Market Revenue and Forecast (2019-2032)
10.1.4. Pigment Balancing Peel
10.1.4.1. Market Revenue and Forecast (2019-2032)
10.1.5. Trichloroacetic acid Peel
10.1.5.1. Market Revenue and Forecast (2019-2032)
10.1.6. Vitalize Peel
10.1.6.1. Market Revenue and Forecast (2019-2032)
Chapter 11. Global Chemical Peel Market, By End-use
11.1. Chemical Peel Market, by End-use, 2023-2032
11.1.1. Hospitals
11.1.1.1. Market Revenue and Forecast (2019-2032)
11.1.2. Med Spa
11.1.2.1. Market Revenue and Forecast (2019-2032)
11.1.3. Dermatology Clinics
11.1.3.1. Market Revenue and Forecast (2019-2032)
11.1.4. Others
11.1.4.1. Market Revenue and Forecast (2019-2032)
Chapter 12. Global Chemical Peel Market, Regional Estimates and Trend Forecast
12.1. North America
12.1.1. Market Revenue and Forecast, by Type (2019-2032)
12.1.2. Market Revenue and Forecast, by Application (2019-2032)
12.1.3. Market Revenue and Forecast, by Product (2019-2032)
12.1.4. Market Revenue and Forecast, by End-use (2019-2032)
12.1.5. U.S.
12.1.5.1. Market Revenue and Forecast, by Type (2019-2032)
12.1.5.2. Market Revenue and Forecast, by Application (2019-2032)
12.1.5.3. Market Revenue and Forecast, by Product (2019-2032)
12.1.5.4. Market Revenue and Forecast, by End-use (2019-2032)
12.1.6. Rest of North America
12.1.6.1. Market Revenue and Forecast, by Type (2019-2032)
12.1.6.2. Market Revenue and Forecast, by Application (2019-2032)
12.1.6.3. Market Revenue and Forecast, by Product (2019-2032)
12.1.6.4. Market Revenue and Forecast, by End-use (2019-2032)
12.2. Europe
12.2.1. Market Revenue and Forecast, by Type (2019-2032)
12.2.2. Market Revenue and Forecast, by Application (2019-2032)
12.2.3. Market Revenue and Forecast, by Product (2019-2032)
12.2.4. Market Revenue and Forecast, by End-use (2019-2032)
12.2.5. UK
12.2.5.1. Market Revenue and Forecast, by Type (2019-2032)
12.2.5.2. Market Revenue and Forecast, by Application (2019-2032)
12.2.5.3. Market Revenue and Forecast, by Product (2019-2032)
12.2.5.4. Market Revenue and Forecast, by End-use (2019-2032)
12.2.6. Germany
12.2.6.1. Market Revenue and Forecast, by Type (2019-2032)
12.2.6.2. Market Revenue and Forecast, by Application (2019-2032)
12.2.6.3. Market Revenue and Forecast, by Product (2019-2032)
12.2.6.4. Market Revenue and Forecast, by End-use (2019-2032)
12.2.7. France
12.2.7.1. Market Revenue and Forecast, by Type (2019-2032)
12.2.7.2. Market Revenue and Forecast, by Application (2019-2032)
12.2.7.3. Market Revenue and Forecast, by Product (2019-2032)
12.2.7.4. Market Revenue and Forecast, by End-use (2019-2032)
12.2.8. Rest of Europe
12.2.8.1. Market Revenue and Forecast, by Type (2019-2032)
12.2.8.2. Market Revenue and Forecast, by Application (2019-2032)
12.2.8.3. Market Revenue and Forecast, by Product (2019-2032)
12.2.8.4. Market Revenue and Forecast, by End-use (2019-2032)
12.3. APAC
12.3.1. Market Revenue and Forecast, by Type (2019-2032)
12.3.2. Market Revenue and Forecast, by Application (2019-2032)
12.3.3. Market Revenue and Forecast, by Product (2019-2032)
12.3.4. Market Revenue and Forecast, by End-use (2019-2032)
12.3.5. India
12.3.5.1. Market Revenue and Forecast, by Type (2019-2032)
12.3.5.2. Market Revenue and Forecast, by Application (2019-2032)
12.3.5.3. Market Revenue and Forecast, by Product (2019-2032)
12.3.5.4. Market Revenue and Forecast, by End-use (2019-2032)
12.3.6. China
12.3.6.1. Market Revenue and Forecast, by Type (2019-2032)
12.3.6.2. Market Revenue and Forecast, by Application (2019-2032)
12.3.6.3. Market Revenue and Forecast, by Product (2019-2032)
12.3.6.4. Market Revenue and Forecast, by End-use (2019-2032)
12.3.7. Japan
12.3.7.1. Market Revenue and Forecast, by Type (2019-2032)
12.3.7.2. Market Revenue and Forecast, by Application (2019-2032)
12.3.7.3. Market Revenue and Forecast, by Product (2019-2032)
12.3.7.4. Market Revenue and Forecast, by End-use (2019-2032)
12.3.8. Rest of APAC
12.3.8.1. Market Revenue and Forecast, by Type (2019-2032)
12.3.8.2. Market Revenue and Forecast, by Application (2019-2032)
12.3.8.3. Market Revenue and Forecast, by Product (2019-2032)
12.3.8.4. Market Revenue and Forecast, by End-use (2019-2032)
12.4. MEA
12.4.1. Market Revenue and Forecast, by Type (2019-2032)
12.4.2. Market Revenue and Forecast, by Application (2019-2032)
12.4.3. Market Revenue and Forecast, by Product (2019-2032)
12.4.4. Market Revenue and Forecast, by End-use (2019-2032)
12.4.5. GCC
12.4.5.1. Market Revenue and Forecast, by Type (2019-2032)
12.4.5.2. Market Revenue and Forecast, by Application (2019-2032)
12.4.5.3. Market Revenue and Forecast, by Product (2019-2032)
12.4.5.4. Market Revenue and Forecast, by End-use (2019-2032)
12.4.6. North Africa
12.4.6.1. Market Revenue and Forecast, by Type (2019-2032)
12.4.6.2. Market Revenue and Forecast, by Application (2019-2032)
12.4.6.3. Market Revenue and Forecast, by Product (2019-2032)
12.4.6.4. Market Revenue and Forecast, by End-use (2019-2032)
12.4.7. South Africa
12.4.7.1. Market Revenue and Forecast, by Type (2019-2032)
12.4.7.2. Market Revenue and Forecast, by Application (2019-2032)
12.4.7.3. Market Revenue and Forecast, by Product (2019-2032)
12.4.7.4. Market Revenue and Forecast, by End-use (2019-2032)
12.4.8. Rest of MEA
12.4.8.1. Market Revenue and Forecast, by Type (2019-2032)
12.4.8.2. Market Revenue and Forecast, by Application (2019-2032)
12.4.8.3. Market Revenue and Forecast, by Product (2019-2032)
12.4.8.4. Market Revenue and Forecast, by End-use (2019-2032)
12.5. Latin America
12.5.1. Market Revenue and Forecast, by Type (2019-2032)
12.5.2. Market Revenue and Forecast, by Application (2019-2032)
12.5.3. Market Revenue and Forecast, by Product (2019-2032)
12.5.4. Market Revenue and Forecast, by End-use (2019-2032)
12.5.5. Brazil
12.5.5.1. Market Revenue and Forecast, by Type (2019-2032)
12.5.5.2. Market Revenue and Forecast, by Application (2019-2032)
12.5.5.3. Market Revenue and Forecast, by Product (2019-2032)
12.5.5.4. Market Revenue and Forecast, by End-use (2019-2032)
12.5.6. Rest of LATAM
12.5.6.1. Market Revenue and Forecast, by Type (2019-2032)
12.5.6.2. Market Revenue and Forecast, by Application (2019-2032)
12.5.6.3. Market Revenue and Forecast, by Product (2019-2032)
12.5.6.4. Market Revenue and Forecast, by End-use (2019-2032)
Chapter 13. Company Profiles
13.1. IMAGE Skincare
13.1.1. Company Overview
13.1.2. Product Offerings
13.1.3. Financial Performance
13.1.4. Recent Initiatives
13.2. Dermalogica
13.2.1. Company Overview
13.2.2. Product Offerings
13.2.3. Financial Performance
13.2.4. Recent Initiatives
13.3. Johnson & Johnson Private Limited
13.3.1. Company Overview
13.3.2. Product Offerings
13.3.3. Financial Performance
13.3.4. Recent Initiatives
13.4. Bausch Health Companies Inc.
13.4.1. Company Overview
13.4.2. Product Offerings
13.4.3. Financial Performance
13.4.4. Recent Initiatives
13.5. Renee Rouleau
13.5.1. Company Overview
13.5.2. Product Offerings
13.5.3. Financial Performance
13.5.4. Recent Initiatives
13.6. L’Oréal
13.6.1. Company Overview
13.6.2. Product Offerings
13.6.3. Financial Performance
13.6.4. Recent Initiatives
Chapter 14. Research Methodology
14.1. Primary Research
14.2. Secondary Research
14.3. Assumptions
Chapter 15. Appendix
15.1. About Us
15.2. Glossary of Terms
Cross-segment Market Size and Analysis for
Mentioned Segments
Additional Company Profiles (Upto 5 With No Cost)
Additional Countries (Apart From Mentioned Countries)
Country/Region-specific Report
Go To Market Strategy
Region Specific Market DynamicsRegion Level Market Share Import Export AnalysisProduction AnalysisOthers