A number of factors such as the soaring focus of people on physical appearance, growing penetration of e-commerce platforms, and rising incidence of skin diseases will help the Indian skincare dermacosmetics market grow at an exceptional CAGR of 10.2% during 2021–2030. The market was valued at $188.2 million in 2021, and it is projected to generate $449.6 million revenue by 2030. The industry growth can be attributed to the surging number of dermacosmetics conferences and the increasing use of personal care products by teenagers of the country.

The increasing focus of the Indian populace on physical appearance to boost their confidence will propel the demand for dermacosmetic products in the country. To improve their physical outlook, people are heavily investing in skincare products to reduce aging signs, fine lines, wrinkles, and acne. In contemporary times, teens of the country are also spending heavily on skincare products to maintain and brighten their skin. The increasing use of such products by this age group can be attributed to the high popularity of e-commerce platforms among them.

The acne category, within the application segment, accounted for the largest share in the Indian skincare dermacosmetics industry in 2021, due to the vast youth population and the presence of a large demographic range opting for acne treatment in the country. Additionally, the mounting disposable income of people will also boost the market growth in this category. On the other hand, the skin repair category will display the fastest growth in this decade, owing to the surging public awareness about skin damage control through dermacosmetic products, such as cleansers, serums, and toners.

According to P&S Intelligence, the northern region will account for the largest share in the Indian skincare dermacosmetics market throughout this decade. This will be on account of the increasing availability of skincare products and the strong presence of international brands in the region. In addition, the growing focus of people of tier-1 and tier-2 cities on achieving physical well-being through natural, anti-aging, organic, and anti-pollution skincare products. Moreover, the presence of developed cities such as Chandigarh and Delhi-NCR also supports the market growth in the northern part of the country.