The dermatologicals market in Singapore is poised for sustained growth over the forecast period, largely fuelled by a combination of an increasingly health conscious population and significant demographic trends. One of the key drivers is the growing number of "Year of the Dragon" babies, who are expected to influence increased demand for paediatric dermatological products.
With increasing consumer awareness, medicated shampoos and hair loss treatments are expected to see healthy growth over the forecast period. However, market dynamics are evolving as alternative products outside of traditional categories become more accessible to consumers.
More consumers are placing their trust in dermatological brands that showcase authentic, real-life stories about individuals' skin care journeys. This shift towards authenticity has led many brands to enhance their digital presence, with an increased focus on livestreaming and other online channels.
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Understand the latest market trends and future growth opportunities for the Dermatologicals industry in Singapore with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Dermatologicals industry in Singapore, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Dermatologicals
Includes topical standard and herbal/traditional medicated products used to alleviate symptoms or treat skin or hair ailments. Exclude any systemic (oral) options to treat skin conditions or diseases.
See all of our definitionsThis report originates from Passport, our Dermatologicals research and analysis database.
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