Nappy (diaper) rash treatments are expected to sustain a relatively high rate of growth in constant value terms (2023 prices) over the forecast period, fuelled by the development of more advanced products with distinctive features. In particular, manufacturers are likely to respond to a growing consumer demand for easy and convenient application formats, such as sprays.
Local manufacturers are expected to see strong growth in dermatologicals over the forecast period. Indeed, Malaysia is emerging as a major production hub for consumer healthcare, with a large number of domestic players, including Hovid, YSP Industries Berhad, Hoe Pharmaceutical and Kotra Pharma, excelling in the production of a wide range of OTC offerings, encompassing analgesics, dermatologicals, digestive remedies and cough and cold remedies.
When it comes to dermatologicals most Malaysians still prefer to shop in store-based channels, especially health and beauty specialist retailers. The presence of a certified pharmacist in some of these outlets is an important factor behind the dominance of the offline channel since consumers often seek their advice or a prescription for certain products, like antifungals, antipruritics, topical germicidals/antiseptics range.
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Understand the latest market trends and future growth opportunities for the Dermatologicals industry in Malaysia 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 Dermatologicals industry in Malaysia, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Dermatologicals
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 DefinitionsThis report originates from Passport, our Dermatologicals research and analysis database.
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