Global Chemical Peel Market To Hit USD 3.23 Billion By 2032, Fueled By Demand For Non-Invasive Aesthetic Treatments S&S Insider
Report Attributes | Details |
Market Size in 2024 | USD 2.18 Billion |
Market Size by 2032 | USD 3.23 Billion |
CAGR | CAGR of 5.09% From 2025 to 2032 |
Base Year | 2024 |
Forecast Period | 2025-2032 |
Historical Data | 2021-2023 |
Regional Analysis | North America (US, Canada, Mexico), Europe (Germany, France, UK, Italy, Spain, Poland, Turkey, Rest of Europe), Asia Pacific (China, India, Japan, South Korea, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America) |
Segmentation Analysis:
By Product
The fruit peel segment dominated the chemical peel market share in 2024 with a 24.10% as they fruit peels are one of the preferred peels for their safety, little to no downtime, and for being safe for all skin types. The lactic peel segment is projected to be the fastest growing during the forecast period on account of the growing popularity of sensitive skin exfoliation, followed by moisturizing performance.
By Type
In 2024, the chemical peel market was primarily led by the superficial or light peel segment, attributed to its widespread adoption, favorable risk profile, and an increasing population of individuals opting for superficial peels. The medium peel segment is expected to experience the highest growth during the forecast period in the chemical peel market analysis, driven by an increasing demand for effective and enduring treatments for moderate skin issues, including wrinkles, acne scars, and deeper pigmentation.
By Application
The acne spots segment dominated the chemical peel market in 2024 rising prevalence of acne globally, especially among adolescents, and young adults. The dark circles segment is expected to be the fastest-growing application segment over the forecast period on the back of escalating concerns about tired-looking eyes and periorbital pigmentation being witnessed in individuals, particularly among the working population and geriatric population.
By End-Use
The dermatology clinics segment led the chemical peel market in 2024 with a 72.2% market share due to high consumer faith in certified medical professionals for skin treatments. The med spa segment is the fastest growing in the forecast period on account of rising demand for wellness and non-invasive cosmetic services available in a serene and luxury-focused setting.
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Chemical Peel Market Key Segments
By Product
- Lactic Peel Fruit Peel Salicylic Acid Peel Pigment Balancing Peel (Customizable Chemical Peel) Trichloroacetic Acid Peel Vitalize Peel
By Type
- Superficial or Light Peel Medium Peel Deep or Phenol Peel
By Application
- Acne Spots Wrinkles Fine Lines Hyperpigmentation Scars Dark Circles Skin Brightening
By End Use
- Hospitals Med Spa Dermatology Clinics
Regional Analysis
North America dominated the global chemical peel market with a 42.3% share in 2024, led by the U.S., where consumer spending on anti-aging and skin-enhancement procedures is robust. The region benefits from advanced dermatology infrastructure, early adoption of innovative formulations, and strong brand presence.
Asia Pacific is the fastest-growing region, registering a CAGR of 5.62% during the forecast period. The demand is driven by rising disposable incomes, increasing beauty consciousness, and the global influence of K-beauty trends. Countries like South Korea, Japan, India, and China are seeing a surge in aesthetic clinic openings, supported by medical tourism and an expanding middle-class population eager for non-invasive cosmetic solutions.
Recent News:
- January 2025 – The Estée Lauder Companies Inc. (ELC) has revealed a strategic partnership with the Massachusetts Institute of Technology (MIT), together collaborating on the laboratory of renowned scientist Dr. Robert Langer. The partnership is designed to enhance leading-edge research and innovation in the cosmetics industry. May 2023 – AbbVie's Allergan Aesthetics business announced that the U.S. Food and Drug Administration (FDA) has approved SKINVIVE by JUVÉDERM. This treatment is the first and only hyaluronic acid (HA)-based intradermal microdroplet injection approved in the U.S. to improve skin smoothness in adult cheeks of individuals aged 21 and older.
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Exclusive Sections of the Report (The USPs) – Check Section 5
- INCIDENCE & PREVALENCE ANALYSIS – helps you understand the global burden of acne, hyperpigmentation, and aging-related skin conditions, segmented by age, gender, and regional incidence driving chemical peel demand. PROCEDURE VOLUME & TREATMENT FREQUENCY – helps you track global procedure trends across superficial, medium, and deep peels, repeat treatment cycles, consumer loyalty, and forecasted growth through 2032. CONSUMER SPENDING PATTERNS – helps you evaluate out-of-pocket expenditure, regional variations in treatment costs, and spending distribution across private dermatology clinics, medical spas, and esthetic centers. MARKET GROWTH DRIVERS – helps you identify demand factors such as rising dermatologic consultations, increasing diagnosis of skin-related disorders, and consumer preference for minimally invasive esthetic procedures. COMPETITIVE LANDSCAPE – helps you assess the positioning of key players, treatment portfolios, regional dominance, and innovation strategies in chemical peel formulations and service delivery.
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