South Korea Chemical Peel Market Size, Share, and COVID-19 Impact Analysis, By Product (Lactic Peel and Fruit Peel), By Type (Superficial or Light Peel and Medium Peel), By Application (Hyperpigmentation, Dark Circles, and Wrinkles), and South Korea Chemical Peel Market, Industry Trend, Forecasts to 2035
Industry: HealthcareSouth Korea Chemical Peel Market Insights Forecasts to 2035
- The South Korea Chemical Peel Market Size Was Estimated at USD 45.5 Million in 2024
- The Market Size is Expected to Grow at a CAGR of around 7.2% from 2025 to 2035
- The South Korea Chemical Peel Market Size is Expected to Reach USD 97.8 Million by 2035
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According to a research report published by Spherical Insights & Consulting, The South Korea Chemical Peel Market Size is anticipated to reach USD 97.8 Million by 2035, growing at a CAGR of 7.2% from 2025 to 2035. The market is anticipated to be driven by rising awareness of skincare and beauty issues. In general, women in any region experience more problems with wrinkles, acne, and pigmentation than men do, making up a significant portion of their clientele. Although women have skin eruptions more often than males, men typically experience them more severely.
Market Overview
The industry devoted to the manufacture, marketing, and use of chemical peels for skin resurfacing is known as the chemical peel market. In order to improve the skin's look and encourage cell regeneration, these peels entail administering a chemical solution to the skin to remove its outer layers. The market is driven by factors such as the growing awareness of anti-aging remedies, minimally invasive procedures, and the increasing prevalence of skin disorders. It includes a variety of peel types that address a range of skin concerns and treatment depths. Through the removal of damaged skin cells and the stimulation of new cell growth, chemical peels can help lessen the appearance of acne scars and reduce acne breakouts. Some of the damage from extended sun exposure, such as rough texture and pigmentation changes, can be undone by chemical peels. The industry is expanding in areas like treating acne and dark circles, which shows promise for specialty chemical peel solutions. Governments can stimulate market innovation by sponsoring and supporting research into novel and enhanced chemical peel compositions and technologies.
Report Coverage
This research report categorizes the market for South Korea chemical peel market based on various segments and regions forecasts revenue growth, and analyses trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the South Korea chemical peel market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment South Korea chemical peel market.
Restraining Factors
Risks like redness, irritation, scarring, pigmentation changes, and serious complications especially from deep phenol peels deter patients and raise caution in professional settings. Varying and complex approval processes for products classified differently across countries increase development time and costs. Rising popularity of less invasive options like laser treatments, microdermabrasion, and at-home acid peels creates strong competition.
South Korea Chemical Peel Market Report Coverage
Report Coverage | Details |
---|---|
Base Year: | 2024 |
Market Size in 2024: | USD 45.5 Million |
Forecast Period: | 2025-2035 |
Forecast Period CAGR 2025-2035 : | 7.2% |
2035 Value Projection: | USD 97.8 Million |
Historical Data for: | 2020-2023 |
No. of Pages: | 165 |
Tables, Charts & Figures: | 91 |
Segments covered: | By Product, By Type and By Application |
Companies covered:: | Archer Daniels Midland Company, International Flavours & Fragrances Inc., Olam Group, Cargill, Incorporated, Ingredion, Associated British Foods plc, Tate & Lyle PLC, EHL Ingredients, Batory Foods, Graincorp, Community Foods, McCormick & Company, Inc., The Source Bulk Foods, Essex Food Ingredients, Subnutra, and other key vendors. |
Pitfalls & Challenges: | COVID-19 Empact, Challenge, Future, Growth, & Analysis. |
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Driving Factors
A number of important reasons are driving the market for bulk food ingredients. First, producers are sourcing enormous amounts of components like flours, oils, and additives to assure efficiency and meet the growing demand for processed and convenience meals, which is being driven by urbanization and busy lives.
Market Segmentation
The South Korea chemical peel market share is classified into product, type, and application.
- The lactic peel segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.
The South Korea chemical peel market is segmented by product into lactic peel and fruit peel. Among these, the lactic peel segment held a significant share in 2024 and is expected to grow at a substantial CAGR during the forecast period. Lactic acid, which comes from milk, is well-known for its capacity to moisturize the skin, lighten dark spots, and enhance skin texture all of which make it perfect for sensitive skin types. Lactic acid peels are becoming more and more popular as consumers choose them as a gentler, non-irritating substitute for harsher chemical peels.
- The superficial or light peel segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.
The South Korea chemical peel market is segmented by type into superficial or light peel and medium peel. Among these, the superficial or light peel segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period. Its simplicity of use, little downtime, and non-invasiveness. These peels, which frequently use beta hydroxy acids (BHAs) or alpha hydroxy acids (AHAs), are well-liked by people looking for mild enhancements since they provide efficient skin renewal with few adverse effects.
- The hyperpigmentation segment dominated a share in 2024 and is expected to grow at a significant CAGR during the forecast period.
The South Korea chemical peel market is segmented by application into hyperpigmentation, dark circles, and wrinkles. Among these, the hyperpigmentation segment dominated a share in 2024 and is expected to grow at a significant CAGR during the forecast period. The main reasons ad-supported models rule the market are their affordability and accessibility, providing viewers with free access to material that draws in a wide audience. This sizable audience gives marketers the chance to target their adverts more precisely, which generates a significant amount of cash for the platform and content producers.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the South Korea chemical peel market, along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborate analysis focusing on the companies' current news and developments, including product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.
Key Players
- Archer Daniels Midland Company
- International Flavours & Fragrances Inc.
- Olam Group
- Cargill, Incorporated
- Ingredion
- Associated British Foods plc
- Tate & Lyle PLC
- EHL Ingredients
- Batory Foods
- Graincorp
- Community Foods
- McCormick & Company, Inc.
- The Source Bulk Foods
- Essex Food Ingredients
- Subnutra
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting and Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Market Segment
This study forecasts revenue at South Korea, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the South Korea chemical peel market based on the below-mentioned segments:
South Korea Chemical Peel Market, By Product
- Lactic Peel
- Fruit Peel
South Korea Chemical Peel Market, By Type
- Superficial or Light Peel
- Medium Peel
South Korea Chemical Peel Market, By Application
- Hyperpigmentation
- Dark Circles
- Wrinkles
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