Hyperpigmentation Disorder Treatment Market Analysis, Scope, and Growth by 2030
Hyperpigmentation Disorder Treatment Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2022 | US$ 6.68 Billion |
Market Size by 2030 | US$ 11.78 Billion |
Global CAGR (2022 - 2030) | 7.4% |
Historical Data | 2021-2022 |
Forecast period | 2024-2031 |
Segments Covered |
By Treatment Type
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
Industry Developments and Future Opportunities:
A few of the strategic developments by leading players operating in the hyperpigmentation disorder treatment market, as per company press releases, are listed below:
- In February 2024, L'Oréal Paris launched the Glycolic Bright Dark Circle Eye Serum, a groundbreaking solution for under-eye hyperpigmentation and puffiness. The serum, formulated with a blend of 3% glycolic acid, vitamin CG, and niacinamide, promises to diminish dark circles by 49% in just 2 weeks. The serum is ophthalmologically tested, suitable for all skin types, and clinically proven to treat visible dark circles.
- In October 2023, Galderma expanded its skincare brand Alastin in two important markets—Canada and the UK. Galderma announced its plans to directly distribute Alastin in Canada and launch the brand in the UK. Galderma's Aesthetics business expansion in both of these markets would boost the awareness of Alastin and help drive its adoption by healthcare professionals and consumers.
- In January 2023, Allergan Aesthetics, a subsidiary of AbbVie company, launched SkinMedica Even & Correct Collection. The product line consisting of three products—Advanced Brightening Treatment, Dark Spot Cream, and Brightening Treatment Pads—is formulated to deliver targeted results, and work together to even skin tone and reduce the appearance of hyperpigmentation and dark spots on the face.
Competitive Landscape and Key Companies:
AbbVie Inc, Bayer AG, Epipharm AG, Galderma Laboratories, Obagi Cosmeceuticals LLC, Lutronic Corporation, La Pristine, L’oreal S.A, Pierre Fabre Group, and Vivier Pharma USA are among the prominent companies profiled in the hyperpigmentation disorder treatment market report. These companies focus on developing new technologies, upgrading existing products, and expanding their geographic presence to meet the growing consumer demand worldwide.