Navigation Links
Acne Treatment Manufacturing OTC in the US Industry Market Research Report from IBISWorld Has Been Updated
Date:8/2/2014

New York, NY (PRWEB) August 03, 2014

The Acne Treatment Manufacturing OTC industry produces nonprescription cleansers, lotions, gels, toners, masks and pads containing acne-fighting ingredients, such as benzoyl peroxide and salicylic acid. According to IBISWorld Industry Analyst Leah Goddard, “The industry benefits from fairly stable demand for these products because acne-prone individuals consider them a necessary expense." However, adolescents comprise the industry's largest market, and high unemployment levels and, thus, low disposable incomes within this shrinking age bracket have caused sales of over-the-counter (OTC) acne treatments to stagnate since the recession. Over the five years to 2014, industry revenue is estimated to marginally decline at an annualized rate of 0.6%, as consumers switched to less expensive products. With the number adolescents decreasing and imports increasing in 2014, industry revenue is forecast to fall 0.7% to $621.3 million.

The industry includes household brand names such as Neutrogena, Clean & Clear, Aveeno, Proactiv and Clearasil, which collectively account for over 70.0% of revenue. In addition to intense competition from leading brand names, market saturation and increasing import penetration has led to some industry consolidation over the past five years. “As the number of competitors has contracted, industry profitability has slightly increased,” says Goddard. Moreover, the rising prevalence of adult-onset and persistent acne conditions has resulted in new, targeted products that appeal to consumers with higher disposable incomes; correspondingly, higher prices for these premium products have also contributed to profit growth over the period.

Over the five years to 2019, demand conditions are anticipated to clear up. Declining unemployment and rising disposable incomes will enable consumers to spend more on OTC acne treatments. Furthermore, companies will continue to develop premium treatments with all-natural and organic ingredients to satisfy changing consumer preferences for healthy and environmentally friendly products. However, industry operators will also face greater competition from providers of prescription acne products and laser treatments in coming years. As healthcare reform is implemented, growth in private health insurance coverage will allow individuals to opt for more expensive prescriptions and treatments, limiting demand for OTC products.

For more information, visit IBISWorld’s Acne Treatment Manufacturing OTC in the US industry report page.

Follow IBISWorld on Twitter: https://twitter.com/#!/IBISWorld.

Friend IBISWorld on Facebook: http://www.facebook.com/pages/IBISWorld/121347533189.

IBISWorld industry Report Key Topics

This industry manufactures over-the-counter (i.e. nonprescription) acne treatment and medication. Industry products include active ingredients such as benzoyl peroxide, salicylic acid, sulfur, resorcinol or a combination of such ingredients, in addition to a range of inactive ingredients like emollients and surfactants. OTC acne treatments are mostly topical and are manufactured as gels, moisturizers, lotions, creams, soaps and pads.

Industry Performance
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
Products & Markets
Supply Chain
Products & Services
Major Markets
Globalization & Trade
Business Locations
Competitive Landscape
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Barriers to Entry
Major Companies
Operating Conditions
Capital Intensity
Key Statistics
Industry Data
Annual Change
Key Ratios

About IBISWorld Inc.
Recognized as the nation’s most trusted independent source of industry and market research, IBISWorld offers a comprehensive database of unique information and analysis on every US industry. With an extensive online portfolio, valued for its depth and scope, the company equips clients with the insight necessary to make better business decisions. Headquartered in Los Angeles, IBISWorld serves a range of business, professional service and government organizations through more than 10 locations worldwide. For more information, visit http://www.ibisworld.com or call 1-800-330-3772.

Read the full story at http://www.prweb.com/releases/2014/08/prweb12066062.htm.


'/>"/>
Source: PRWeb
Copyright©2014 Vocus, Inc.
All rights reserved

Related medicine news :

1. FDA Approves New Treatment for People With COPD
2. Potential treatment and prevention of Parkinsons disease
3. Theres No Ebola Cure, But Early Intensive Treatment Boosts Survival
4. Lipedema Centers Works With Insurers To Gain Coverage For Lipedema Treatment
5. NJ Top Dentists Approved, Clifton Dental Associates Now Actively Recommending the Application of Topical Fluoride Treatments to Adults
6. Smartphone iDoc 24 Technology Speeds Time to Diagnosis and Treatment for Skin Cancer Patients
7. Vacuum treatment may limit damage after traumatic brain injury
8. U-M researchers find protein that fuels repair of treatment-resistant cancer cells
9. Scientists pinpoint bladder cancer patients who could benefit from tumor-softening treatment
10. Los Angeles Cosmetic Dentist, Dr. Poneh Ghasri, Now Offers Comprehensive Cosmetic Dental Treatments
11. Chiropractor Helping Runners Keep Going with New Integrated Treatment Protocols
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:6/27/2016)... ... 27, 2016 , ... The OSHA Training Center at ... Center headquartered in Northern California, has issued an important reminder to employers to ... Employers with workers exposed to high temperatures should establish a complete heat ...
(Date:6/27/2016)... ... ... "FCPX editors can now reveal their media with growing colorful split screen ... - CEO of Pixel Film Studios. , ProSlice Color brings the split screens ... reveal the media of their split screens with growing colorful panels. , ProSlice Color ...
(Date:6/27/2016)... (PRWEB) , ... June 27, 2016 , ... ... for mental health professionals, announced today its affiliation with Tennessee Counseling Association. ... solutions to the network of the Tennessee Counseling Association, adding exclusive benefits and ...
(Date:6/27/2016)... ... June 27, 2016 , ... ... industry today announced its strategic partnership with Connance, a healthcare industry leader ... two companies’ proven, proprietary technology combine to provide health systems, hospitals and ...
(Date:6/27/2016)... ... June 27, 2016 , ... A revolution ... the emergency ambulance transport experience for the millions of people who require these ... disrupted the taxi industry through the use of technology. Now, SmartEMS has put ...
Breaking Medicine News(10 mins):
(Date:6/26/2016)... One of Australia,s successful biotechnology scientists, Dr ... biotechnology company, Noxopharm Limited [ABN 50 608 966 123] ("Noxopharm"). Noxopharm ... on the ASX. Noxopharm is a clinic-ready company with ... 1 clinical study later this year. ... problems facing cancer patients - the ability of cancers to become ...
(Date:6/26/2016)... , June 27, 2016 Jazz Pharmaceuticals ... waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of ... acquisition of Celator Pharmaceuticals, Inc. ("Celator"; Nasdaq: ... p.m. (Eastern Daylight Time). As previously announced ... into a definitive merger agreement under which Jazz Pharmaceuticals ...
(Date:6/26/2016)... OTTAWA, Ontario , June 27, 2016  VMS ... the Company,s Board will take whatever measures required to ... the Company,s stock which is currently listed on the ... S Wexler, Company Chairman and CEO, "We are seeing ... be difficult to understand, not only by the Company, ...
Breaking Medicine Technology: