Topical Scar Treatment Market in China, South Korea, Taiwan, Hong Kong, and Southeast Asia – Revenue Estimation and Forecast by 2030

Market Overview

The topical scar treatment market in China, South Korea, Taiwan, Hong Kong, and Southeast Asia generated $701.6 million revenue in 2020, and it is expected to grow at a CAGR of 7.7% during the forecast period (2021–2030). The key factors responsible for the growth of the market include the rising incidence of burns, increasing number of road accidents, surging cases of skin diseases, growing aging population, and escalating disposable income.

During the COVID-19 pandemic, the demand for topical scar treatment products reduced due to movement restrictions, which forced people to stay home, and the lockdowns. Moreover, companies faced disruptions in the supply chain during the first wave in 2020, which are again being observed in 2021. Thus, there has been a strong negative impact of the pandemic on the sale of topical scar treatment products.

Demand for Anti-Scar Creams Is Highest, as They Treat Existing Scars and Prevent Formation of New Scars

The cream category held the largest share in 2020 in the topical scar treatment market of China, South Korea, Taiwan, Hong Kong, and the SEA region, based on product type. This is majorly attributed to the fact that creams fade, smoothen, flatten, and reduce both old and new scars and prevent the formation of new scars.

High Prevalence of Atrophic and Acne Scars among Adolescents Leads to High Demand for Treatment

The atrophic and acne scar category dominated the topical scar treatment market in 2020, and it is expected to be the fastest-growing category during the forecast period, based on scar type. This will majorly be due to the high prevalence of atrophic and acne scars among adolescents owing to hormonal changes and their unhealthy eating habits. Over 90% of the teenagers have acne, which results in a high demand for topical products.

Pharmacies Are Preferred Distribution Channel for Topical Scar Treatment Products

The pharmacies category accounted for the largest share in the market for topical scar treatment in 2020, and it is expected to retain its position during the forecast period, based on distribution channel. This is majorly due to the fact that patients with scars prefer to purchase these products from pharmacies. Moreover, most of the products require a prescription from a dermatologist.

China To Be Largest and Fastest-Growing Market due to Economic Development and Surging Geriatric Population

Geographically, China was the largest contributor to the market for topical scar treatment in 2020, and it will also witness the fastest growth in the coming years. This is mainly attributed to the increasing geriatric population and rapid economic development, which are enhancing the demand for technologically advanced scar treatment products in the country. Moreover, the growing disposable income of the people in China and rising prevalence of skin diseases are further boosting the market advance.

Demand for Silicone-Based Scar Treatment Products Growing in SEA

Silicone-based scar treatment solutions are attracting the attention of the populace. Silicone gel sheets manufactured from a synthetic silicone gel-like material are used to fill surgical scars and treat superficial scars, hypertrophic scars, and keloids. Silicone gel increases the hydration of the stratum corneum and, thus, facilitates fibroblast production and collagen reduction and protects the scar from bacterial invasion. Some of the silicone-based scar treatment products are bioCorneum by Sientra Inc., Dermatix by Mylan N.V., and ScarAway by Perrigo Company plc.

Rising Burn Injury Incidence Driving Usage of Scar Treatment Products

During the healing of burns, scars often form after skin damage, appearing as thick and discolored skin. According to an article published in the Experimental and Therapeutic Science journal in April 2019, more than 10 million individuals suffer from burns every year in China. Moreover, according to an article published in the journal Annals of Burns and Fire Disasters, in 2019, the elderly burn incidence in Vietnam was 4.2%, with over half the patients suffering from deep burn injuries. The increasing incidence of burns is resulting in the rising demand for topical scar treatment products in SEA countries.

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Market Players Involved in Product Launches to Gain Significant Position

The market in China, South Korea, Taiwan, Hong Kong, and SEA is fragmented in nature. Some of key players in topical scar treatment market in China, South Korea, Taiwan, Hong Kong, and Southeast Asia are Perrigo Company plc, Laboratoire HRA Pharma SAS, Terez & Honor, Sientra Inc. , Aroamas LLC, Integra LifeSciences Holdings Corporation, Revitol Corporation, Sonoma Pharmaceuticals Inc., Smith & Nephew PLC, Mölnlycke Health Care AB, Mylan N.V., Merz Pharma GmbH & Co. KGaA, Alliance Pharma plc, and Johnson & Johnson .

In recent years, players in the topical scar treatment industry have been involved in product launches in order to attain a significant position. For instance:

• In April 2021, Allergan Aesthetics, part of Allergen plc, which is a wholly owned subsidiary of AbbVie Inc., launched the SkinMedica Neck Correct cream to address the specific biology of the skin on the neck and décolleté area. The cream is designed to prevent the early signs, as well as treat the visible appearance of moderate-to-severe neck aging, including scars.
• In January 2021, Amorepacific Corporation launched Soluderm, a skincare brand designed for women of 30s and 40s who want effective skincare at homes. The product is made up of two items, including a vita collagen ampoule and an inner full-collagen ampoule.

Key Players in Topical Scar Treatment Market of China, South Korea, Taiwan, Hong Kong, and SEA Are:

Market Size Breakdown by Segment

The topical scar treatment market report offers comprehensive market segmentation analysis along with market estimation for the period 2015–2030.

Based on Product Type

• Cream
• Oil
• Gel
• Gel Sheet

Based on Scar Type

• Atrophic and Acne Scar
• Keloid and Hypertrophic Scar
• Contracture Scar
• Stretch Mark

Based on Distribution Channel

• Grocery Stores
• Pharmacies
• Direct Sales
• E-Commerce

Geographical Analysis

• Thailand
• Indonesia
• Philippines
• Vietnam
• Taiwan
• South Korea
• China Topical
• Malaysia
• Hong Kong