Dermocosmetics Opportunity Beckons: Top 20 Brands Account For Just 35% Of Global Market – IQVIA

The global dermocosmetics market is led by L’Oréal SA with 13.3% share across 20 countries evaluated, followed by Pierre Fabre Group with 7.4%. According to IQVIA Consumer Health, this points to a fragmented market with ample room for innovative, “nimble” brands to enter and nab share.

L’Oreal SA’s Active Cosmetics division, comprising such brands as La Roche-Posay, Vichy, SkinCeuticals and CeraVe, was the firm’s biggest growth story in fiscal 2020 and 2021 and continued to lead the business in like-for-like growth in the 2022 first quarter, reported in April.

L’Oreal leadership has attributed the segment’s success in part to the COVID-19 pandemic, pointing to weakened skin due to repeated...

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