The chemical peels market size is estimated to be USD 74.6 million in 2022 and is expected to witness a CAGR of 8.4% during the forecast period 2023-2033. The escalating number of dermatology clinics, a rise in the number of persons with photodamaged skin, boost in the number of infrastructure-improved beauty salons, and rise in the number of elderly people have increased the need for chemical peels are the factors contributing the market growth. However, lack of professionals available to perform the chemical peeling method, and methods like laser technology innovation in undeveloped nations are expected to restrain the market growth.

Segmentation

By Application

Based on application, the market is segregated into neck, hands, and face. In 2022, the face segment held the highest market share owing to surge in usage of chemical peels for face applications globally.

By Type

On the basis of type, the market is categorized into deep peel, medium peel, and superficial peel. In 2022, the superficial peel segment held the highest market share due to growing people’s desire to reduce wrinkles and fine lines.

By End User

Based on end user, the market is bifurcated into dermatology clinics and hospitals & recreation centers. In 2022, the dermatology clinics segment held the highest market share owing to a expansion in the number of dermatological offices, changes to services and customer satisfaction, and combination therapies.

Regional Markets

In 2022, North America region accounted for the highest revenue in the market and is expected to maintain its dominance during the forecast period. This is attributed to the increase in the value placed on physical appearance, technological improvements, and the accessibility of cosmetics and dermatological experts. However, the Asia-Pacific region is predicted to grow at the fastest rate during the projection period owing to raising public awareness of aesthetics practices, and improved health care offerings.

Competitor Insights

Some of the key players operating in the chemical peels market are Allergan (Ireland), Colgate-Palmolive. Co. (US), Galderma (Switzerland), Image International Manufacturing LLC (US), Johnson and Johnson (US), L’Oréal (France), Lasermed (Thailand), Merz Pharma (Germany), Merz Pharma GmbH & Co. KGaA (Germany), Pierre Fabre Dermo-Cosmetique USA, Inc. (US), Teoxane (UK), Teoxane SA (Switzerland), Topix Pharmaceutical, Inc. (US), and Valeant (Canada).

This comprehensive research report focuses on the global and regional market size and forecasts of diverse segments including application, type, and end user from 2023 to 2033.

Report Scope:

Segmentation: Chemical Peels Market Report 2022 – 2033

Application (Revenue, USD Million), 2022 – 2033

• Neck
• Hands
• Face
• Others

Type (Revenue, USD Million), 2022 – 2033

• Deep Peel
• Medium Peel
• Superficial Peel

End User (Revenue, USD Million), 2022 – 2033

• Dermatology Clinics
• Hospitals & Recreation Centers

By Region (Revenue, USD Million), 2022 – 2033

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • France
  • UK
  • Spain
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • Australia
  • South Korea
  • Rest of APAC
• Latin America
  • Brazil
  • Mexico
  • Argentina
  • Rest of LATAM
• Middle East & Africa
  • South Africa
  • Saudi Arabia
  • Rest of MEA