Dermatologicals is set to perform well over the forecast period, recording marginally higher value growth (at constant 2023 prices) than the review period. The demand for dermatologicals in Vietnams will be supported by various factors, including the prevalence of common skin issues resulting from lifestyle factors, environmental pollution (Vietnam’s air pollution problem is set to worsen), and changes in behaviour since the pandemic.
Despite predictions for further growth over the forecast period, antipruritics could meet rising competition from dermocosmetics in Vietnam. The popularity of dermocosmetics under beauty and personal care is likely to increase in Vietnam, given increased concerns regarding skin health and greater awareness of the use of active ingredients to protect and treat skin problems.
Over the forecast period, international players are likely to continue to lead dermatologicals. Large pharmaceutical players tend to offer higher margins to distributors than most local companies.
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Understand the latest market trends and future growth opportunities for the Medicated Skin Care industry in Vietnam 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 Vietnam, 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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