After the disruption from the COVID-19 pandemic and the subsequent increase in demand in 2022, it is expected that dermatologicals will return to more stable value growth over the forecast period in line with that being seen earlier in the review period. Nonetheless, one potential obstacle to growth are the high rates of inflation and job and wage insecurity being seen in Mexico, which is being fuelled by the residual effects of the pandemic and the current geopolitical crisis which is putting pressure on food and energy prices.
People are increasingly focusing on the ingredients used in the products they buy, with many customers looking for products with natural ingredients, especially for products that they use on a regular basis. This trend is set to continue developing as awareness grows of the possible harm that some chemicals can have on the skin, instead of helping to the solve the problem.
Paediatric dermatologicals and nappy (diaper) rash treatments are expected to be two of the more dynamic categories within dermatologicals over the forecast period. University-educated young adults in urban areas are postponing starting families to focus on their careers.
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Understand the latest market trends and future growth opportunities for the Medicated Skin Care industry in Mexico 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 Medicated Skin Care industry in Mexico, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Medicated Skin Care
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 Definitions
This report originates from Passport, our Medicated Skin Care research and analysis database.
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