2023
9
US Medicated Skincare Market Report 2023
2023-02-15T03:11:27+00:00
REP1710F216_2626_4915_90A7_D38DFADB8F70
4995
160565
[{"name":"Healthcare and Medical","url":"https:\/\/store.mintel.com\/industries\/health-wellbeing\/healthcare-medical"},{"name":"Skincare","url":"https:\/\/store.mintel.com\/industries\/beauty-personal-care\/skincare"},{"name":"Market Intelligence Report","url":"https:\/\/store.mintel.com\/report-type\/market-intelligence-reports"},{"name":"US","url":"https:\/\/store.mintel.com\/markets\/us-market-research"}]
Report
en_GB
“Consumers continue to experience skin issues as a physical manifestation of both lifestyle choices, such as poor diet and lack of sleep, as well as elevated levels of stress and…
US
Healthcare and Medical
Skincare
simple

US Medicated Skincare Market Report 2023

Unlock the potential of the US medicated skincare market with our comprehensive report. Our analysis examines consumer consumer attitudes towards medicated skincare products, provides information on US medicated skincare market size, and identifies future trends and opportunities. With our extensive US medicated skincare market report, you can gain a better understanding of how to respond to changing consumer demands and take advantage of new opportunities. Read on to discover our insights.

Medicated Skincare Market – Overview

Personal hygiene behaviors during the pandemic bolstered category sales as consumers dealt with irritated skin from frequent hand washing and sanitization. In 2022, the market stabilized alongside weakening virus fears and a return to typical lifestyles.

Historically high inflation has eroded consumer buying power overall, giving consumers experiencing skin concerns even less motivation to purchase medicated skincare products for minor skin irritations.

US Medicated Skincare Market – Current Trends

Stress and anxiety continue to wreak havoc on consumers. For many, this mental strain is physically manifesting as skin ailments. Many consumers are focused on treating their triggers, either by making lifestyle changes, taking vitamins, minerals, and other other supplements, or identifying triggers with the use of an app. Medicated skincare is often used as a last resort, if symptoms don’t resolve themselves.

Mintel’s medicated skincare market research indicates that consumers remain reactive on the whole. Many only reach for remedies when their skin symptoms worsen. This approach may shift as consumers seek to identify the underlying causes of their skin ailments proactively.

  • US medicated skincare market demand: The rate at which consumers experience overall skin concerns has increased from 65% in 2021 to 74% in 2022.
  • US skincare consumer behavior: 40% of consumers cite stress or anxiety as the top reasons for worsening skin conditions, echoing the interconnectivity of various aspects of health.
  • Medicated skincare market challenges: 32% of consumers take a ‘wait-and-see’ approach to skin conditions. This presents a challenge to medicated skincare brands, since consumers tend to resort to using medicated skincare products only after other treatments don’t work.

Medicated Skincare Market Opportunities

Given consumers tend to be triggered to use products when and if symptoms arise or worsen, if is critical that medicated skincare brands shift mindsets and bring the category into everyday routines. Medicated skincare brands that treat concerns to which consumers remain reactionary will have to find ways to create messaging around a sense of urgency to move consumers to action.

There is an opportunity for medicated skincare brands to respond to consumers’ worsening skin issues with formulations that incorporate ingredients that support other areas of health. Calming ingredients that support sleep health or anti-stress ingredients that nourish the skin can also strengthen appeal amid increasing consumer focus on the importance of mental health.

Read on to discover more about our Medicated Skincare Market Report, read our US Facial Skincare Market Report, or take a look at our Beauty and Personal Care Market Research.

Quickly Understand

  • Common skin ailments experienced and how consumers address their skin issues.
  • Reasons for worsening skin conditions.
  • Factors that consumers consider when purchasing medicated skincare treatments.
  • Consumer attitudes and approach to skin conditions and medicated skincare.
  • Current usage and future interest in various medicated skincare products.

Products and Companies Covered in this Report

Products: Anti-itch creams/treatments, Lip treatments, Skin growth removers.

Brands: Sanofi-Aventis US LLC, Haleon, Johnson & Johnson, Prestige Consumer Healthcare Inc, Bayer AG, Beiersdorf Inc.

Expert Analysis from a Specialist in the US Health Market

This report, written by Dorothy Kotscha, a leading analyst in the health sector, delives in-depth commentary and analysis to highlight current trends in the US medicated skincare market and add expert context to the numbers.

Consumers continue to experience skin issues as a physical manifestation of both lifestyle choices, such as poor diet and lack of sleep, as well as elevated levels of stress and anxiety. While consumers have adopted a more preventative strategy to managing their overall health, this shift has been slower in the medicated skincare space. Lifestyle changes and remedies in adjacent categories offer consumers even more choice to treat their skin conditions. Many consumers reach for medicated skincare products as a last resort, which has led to relatively slow growth for the category as a whole. However, as the conversation around skin conditions becomes more normalized, more consumers will seek out ways to both manage and prevent skin ailments.

Dorothy Kotscha, Health Analyst

Dorothy Kotscha
Health and Wellness Analyst

Collapse All
  1. Overview

    • What you need to know
    • This Report looks at the following areas
    • Definition
    • Market context
  2. Executive Summary

    • Top takeaways
    • Market overview
      • Figure 1: Total US sales and fan chart forecast of market, at current prices, 2017-27
      • Figure 2: Medicated skincare category outlook, 2023-28
    • Opportunities and challenges
    • Consumers use a range of products but remain reactive in their approach to skincare
    • Medicated skincare can combat stressed-out skin
    • Incidence of skin conditions has remained largely unchanged
    • Key consumer insights
  3. Market Size and Forecast

    • Sales resume steady growth after strong post-COVID-19 recovery
      • Figure 3: Total US sales and fan chart forecast of market, at current prices, 2017-27
      • Figure 4: Total US sales and forecast of market, at current prices, 2017-27
  4. Segment Performance

    • Anti-itch treatments drive category sales
      • Figure 5: Total US retail sales and forecast of medicated skincare products, by segment, at current prices, 2017-27
  5. Market Factors

    • Long-term inflation continues to suppress consumer landscape
      • Figure 6: Consumer Price Index change from previous period, 2007-22
    • Increased diversity will necessitate better representation
      • Figure 7: Population, by race and Hispanic origin, 2017-27
  6. Key Players

    • Sales among most top skincare brands remain relatively flat
    • Sales of medicated skincare by company
      • Figure 8: Multi-outlet sales of medicated skincare, by leading companies, rolling 52 weeks 2021 and 2022
  7. Competitive Strategies and Market Opportunities

    • Don’t overlook men
      • Figure 9: Treatments used to address skin conditions, 2022
      • Figure 10: hims custom acne cream, 2022
    • Medical-grade skincare ingredients are increasingly accessible
    • Ceramides hold promise in both traditional and medicated skincare space
      • Figure 11: Cetaphil intensive healing lotion with ceramides, 2022
    • Align with movement to embrace the beauty of skin flaws
      • Figure 12: Peach & Lily Instagram post, 2022
    • The line between medicated skincare and beauty continues to blur
  8. The Medicated Skincare Consumer – Fast Facts

  9. Skin Conditions Experienced

    • Greater awareness of skin health contributes to a reported increase in overall skin concerns
      • Figure 13: Skin conditions experienced, 2022
    • Millennials experience a wide range of skin conditions
      • Figure 14: Skin conditions experienced, by generation, 2022
    • Medicated skincare brands need to reflect inclusivity
      • Figure 15: Changes in skin conditions, by LGBTQ+, 2022
      • Figure 16: Noto Botanics deep serum, 2022
    • Hispanic consumers are very aware of changes in their skin conditions
      • Figure 17: Changes in skin conditions, by race and Hispanic origin, 2022
  10. Reasons for Worsening Skin Conditions

    • Lifestyle choices manifest as skin conditions
      • Figure 18: Reasons for worsening skin conditions, 2022
      • Figure 19: Abreva Instagram post, 2021
    • Help consumers embrace the transition and age gracefully
      • Figure 20: Select reasons for worsening skin conditions, by gender, 2022
      • Figure 21: CeraVe Moisturizing Cream, 2022
  11. Treatment Options

    • Consumers remain reactive to skin ailments
      • Figure 22: Treatments used to address skin conditions, 2022
      • Figure 23: Cetaphil smoothing relief body wash, 2022
    • Reactionary approach depends on the severity of skin conditions
      • Figure 24: Treatment options, by select skin conditions, 2022
    • Millennials take a varied approach to addressing skin conditions
      • Figure 25: Treatments used to address skin conditions, by Millennials, 2022
  12. Purchase Factors

    • Trust is paramount for category shoppers
      • Figure 26: Medicated skincare purchase factors, 2022
      • Figure 27: TURF Analysis – Top purchase factors, 2022
    • Baby Boomers rely less on product reviews, focus on active ingredients
      • Figure 28: Select medicated skincare purchase factors, by generation, 2022
    • Black consumers are focused on ingredients and results
      • Figure 29: Select medicated skincare purchase factors, by race and Hispanic origin, 2022
  13. Attitudes toward Skin Conditions

    • Provide the final push toward proactive behaviors
      • Figure 30: Attitudes toward skin conditions, 2022
    • Black consumers manage skin conditions through lifestyle changes
      • Figure 31: Attitudes toward skin conditions, by race and Hispanic origin, 2022
  14. Product Interest and Usage

    • A need to understand skin conditions supports a preventative approach
      • Figure 32: Product interest and usage, 2022
      • Figure 33: Dove Body Love Sensitive Care body lotion, 2021
    • Engagement is high among Millennials despite threat from traditional bodycare
      • Figure 34: Select product interest and usage, by Millennials, 2022
  15. Appendix – Data Sources and Abbreviations

    • Data sources
    • Sales data
    • Forecast
    • Consumer survey data
    • Abbreviations and terms
    • Abbreviations
  16. Appendix – The Market

      • Figure 35: Total US retail sales and forecast of medicated skincare products, at inflation-adjusted prices, 2017-27
      • Figure 36: Total US retail sales and forecast of medicated skincare products, by segment, at current prices, 2017-27
      • Figure 37: Total US retail sales of medicated skincare products, by segment, at current prices, 2020 and 2022
      • Figure 38: Total US retail sales and forecast of anti-itch treatments, at current prices, 2017-27
      • Figure 39: Total US retail sales and forecast of anti-itch treatments, at inflation-adjusted prices, 2017-27
      • Figure 40: Total US retail sales and forecast of skin growth removers, at current prices, 2017-27
      • Figure 41: Total US retail sales and forecast of skin growth removers, at inflation-adjusted prices, 2017-27
      • Figure 42: Total US retail sales and forecast of cold sore medications, at current prices, 2017-27
      • Figure 43: Total US retail sales and forecast of cold sore medications, at inflation-adjusted prices, 2017-27
      • Figure 44: Total US retail sales of medicated skincare products, by channel, at current prices, 2017-22
      • Figure 45: Average annual household spending on medicated skincare products, 2017-22
      • Figure 46: Total US retail sales of medicated skincare products, by channel, at current prices, 2020 and 2022
      • Figure 47: US supermarket sales of medicated skincare products, at current prices, 2017-22
      • Figure 48: US drugstore sales of medicated skincare products, at current prices, 2017-22
      • Figure 49: US sales of medicated skincare products through other retail channels, at current prices, 2017-22
  17. Appendix – Companies and Brands

      • Figure 50: Multi-outlet sales of anti-itch treatments, by leading companies and brands, rolling 52 weeks 2021 and 2022
      • Figure 51: Multi-outlet sales of skin growth removers, by leading companies and brands, rolling 52 weeks 2021 and 2022
      • Figure 52: Multi-outlet sales of cold sore medications, by leading companies and brands, rolling 52 weeks 2021 and 2022
  18. Appendix – The Consumer

      • Figure 53: Table – TURF Analysis – Purchase Factors, 2022
    • Methodology
      • Figure 54: Select reasons for worsening skin conditions, by Millennials, 2022

Market Intelligence Made Easier With Mintel

The first Mintel Market Intelligence report was published over 50 years ago. Since then, we have provided our unique insights and understanding of consumers, innovation and global markets to thousands of customers worldwide. Here’s why our customers rely on Mintel:

  • Gain a comprehensive, 360-degree view of the market: Mintel reports blend consumer research, market forecasts, product innovation tracking, and competitive analysis, allowing businesses to see every angle of their industry and identify new opportunities quickly.
  • Make decisions with confidence, grounded in robust data: Each report draws on up-to-date, reliable information from trusted sources and industry experts, ensuring your strategies are based on solid evidence rather than speculation.
  • Benefit from expert analysis and practical recommendations: Mintel’s reports are written by experienced analysts who interpret complex data and provide clear, actionable insights you can trust to guide your next moves.
  • Stay ahead with actionable intelligence on market trends and consumer behaviour: By combining fresh research with long-term market monitoring, our reports help businesses anticipate changes and adapt strategically. So you’re prepared to make informed decisions and drive growth.

What goes into a Mintel Market Intelligence Report?

Curious about how a Market Intelligence report comes together? We like to think of it as building a detailed puzzle. We start with individual pieces: data from consumers, market statistics, industry trends, and online conversations. Then our expert analysts add world-class human insight and industry knowledge. The pieces are assembled to reveal a clear, comprehensive picture of a market.

The Four Pillars of Our Research

We use a combination of four main research methods when creating our reports, each adding a valuable perspective:

  • Consumer Research: Direct surveys with real people, giving us clear, current insights into what people think and do.
  • Desk Research: In-depth review of trusted data sources. We use this rich database, plus powerful internal tools that track new products and market sizes, to detect trends and guide forecasts.
  • Trade Research: Insights from conversations with industry experts. Their real-world experience helps us understand what’s happening behind the scenes.
  • Brand and Social Media Research: Analysis of online opinions and trends. This lets us spot trends, measure brand sentiment, and capture feedback in real time, adding further depth to our research.

Bringing It All Together

Each of these four pillars provides a different piece of the puzzle. Consumer research tells us what customers think, desk research provides the factual framework, trade research offers an insider’s view, and social media analysis reveals public sentiment.

Our expert analysts are skilled in weaving these diverse data streams together. They apply a range of quantitative and qualitative analysis techniques to uncover the deeper story, connecting the dots to deliver clear, actionable insights. This comprehensive, multi-layered process is how we transform raw data into a market intelligence report you can trust to inform your most important business decisions.

$ 4,995 (Excl.Tax)
  • Download today with instant access
  • Multiple formats provided
  • Interactive databook included
  • Save up to 20% when you purchase multiple reports

Get in Touch

If you have a question about a Mintel Report, or you would like to learn more about our products, get in touch with a member of our team today.

Contact us

Trusted by global industry leaders

Bauer Media Group logo

We have such a great working relationship with Mintel on lots of different levels. As an insight partner, they have helped us to develop our business planning in specific categories as well as supporting our creative process but they’ve also been super helpful with facilitating our events in their inspirational offices near St Paul’s.

They’re an innovative company, with a client-focused team that always delivers.

Abby Carvosso, Group Managing Director, Bauer Media Group
Mediacom logo

Mintel is really good for getting a handle on a particular category quickly. If we are working on a new business pitch in an area we don’t have much experience in, it’s a brilliant way to get up to speed with what’s going on, what’s changing and what the key trends are in any category.

It’s very rare now that anyone will plough through a 200-page report – that’s why the summaries are really useful. We know they are backed up by a lot of detail, so if you need to go into something in more depth you know the information will be all there for you.

Pauline Robson, Managing Partner, Mediacom
Epsilon logo

We utilize Mintel Reports, Trends and Comperemedia to mine for insights across the numerous business verticals that Epsilon serves, such as CPG, automotive, telecom, healthcare/pharma, retail and financial services.

By integrating Mintel insight into new business opportunities, we have been able to gain the competitive edge necessary to advance partnerships with global brands and key business players.

For our organization, it’s about depth and breadth. Having one without the other doesn’t enable success in our business.

Virginia Harvey, Secondary Research Manager, Epsilon
Amazon logo

Working in a customer-obsessed organization means that data and insights have to be at our fingertips. Mintel’s reports help us support anecdotes with real quantifiable insights. The summary sections (which I really like) helps save time by giving a birds eye view of the content before spending time combing through the pages.

Our business review discussions are strengthened by the relevancy of the reports to help us better understand our customers. In addition, the customer service received from the team (especially in crunch periods) makes the process of understanding customer behavior even better.

Ngozi Ngonadi-Nkwoji, Senior Marketing Manager, Amazon
Jackman logo

At Jackman, we believe that powerful strategies are based on human insight. Mintel’s leading-edge reports and insights into consumer attitudes and behaviors are an important input as we develop and execute strategy.

Alana Gavin, VP Research and Insights, Jackman

Get in Touch

If you have a question about a Mintel Report, or you would like to learn more about our products, get in touch with a member of our team today.

Contact us