| Product Code: ETC314607 | Publication Date: Aug 2022 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Singapore`s import trend for benzoyl peroxide in the Singapore market showed a significant growth rate of 26.84% from 2023 to 2024, with a compound annual growth rate (CAGR) of 16.15% from 2020 to 2024. This import momentum can be attributed to a notable demand shift towards skincare and cosmetic products, indicating a stable market with increasing consumer interest in skincare solutions.
Singapore's Benzoyl Peroxide market is anticipated to experience a stable growth rate of 0.00% by 2027, reflecting trends observed in the largest economy China, followed by India, Japan, Australia and South Korea.

The Singapore benzoyl peroxide market is closely linked to the skincare and cosmetics industry. Benzoyl peroxide is a key ingredient in acne treatments and skin care products. With Singapore` growing concern for skincare and appearance, the demand for benzoyl peroxide-based products has risen. Furthermore, the country`s stringent regulations on cosmetics ensure the safety and efficacy of such products, contributing to the overall growth and stability of this market segment.
The benzoyl peroxide market in Singapore is driven by its use in skincare and pharmaceutical products. Benzoyl peroxide is widely recognized for its effectiveness in treating acne and skin-related issues. The increasing focus on skincare and personal grooming, along with the prevalence of acne-related conditions, has led to a steady demand for benzoyl peroxide-based products. Additionally, pharmaceutical companies rely on benzoyl peroxide for various chemical reactions, further contributing to market growth.
The Singapore benzoyl peroxide market faces challenges related to skin safety and product efficacy. Benzoyl peroxide is a common ingredient in acne treatments, and consumers demand both effectiveness and gentleness on the skin. Regulatory compliance and labeling requirements for over-the-counter products are additional concerns. Market players must also adapt to changing skincare trends and preferences in this competitive sector.
The benzoyl peroxide market, primarily used in skincare products for acne treatment, likely saw shifts in consumer demand during the pandemic. With more people concerned about their skin due to mask-wearing and stress-related breakouts, there may have been increased interest in acne treatment products.
In the Singapore Benzoyl Peroxide market, some of the leading players include multinational chemical companies like BASF SE, Dow Chemical Company, and AkzoNobel. These companies are known for their extensive research and development efforts to produce high-quality benzoyl peroxide products for various applications, including skincare and industrial use.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Singapore Benzoyl Peroxide Market Overview |
3.1 Singapore Country Macro Economic Indicators |
3.2 Singapore Benzoyl Peroxide Market Revenues & Volume, 2021 & 2031F |
3.3 Singapore Benzoyl Peroxide Market - Industry Life Cycle |
3.4 Singapore Benzoyl Peroxide Market - Porter's Five Forces |
3.5 Singapore Benzoyl Peroxide Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Singapore Benzoyl Peroxide Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Singapore Benzoyl Peroxide Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing prevalence of skin conditions such as acne |
4.2.2 Growing awareness about skincare and beauty products |
4.2.3 Rise in disposable income leading to higher spending on personal care products |
4.3 Market Restraints |
4.3.1 Stringent regulations on the use of benzoyl peroxide in skincare products |
4.3.2 Side effects associated with benzoyl peroxide leading to consumer concerns |
4.3.3 Competition from alternative acne treatment products |
5 Singapore Benzoyl Peroxide Market Trends |
6 Singapore Benzoyl Peroxide Market, By Types |
6.1 Singapore Benzoyl Peroxide Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Singapore Benzoyl Peroxide Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Singapore Benzoyl Peroxide Market Revenues & Volume, By 50% Benzoyl Peroxide Powder, 2021-2031F |
6.1.4 Singapore Benzoyl Peroxide Market Revenues & Volume, By 50% Benzoyl Peroxide Paste, 2021-2031F |
6.1.5 Singapore Benzoyl Peroxide Market Revenues & Volume, By Others, 2021-2031F |
6.2 Singapore Benzoyl Peroxide Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Singapore Benzoyl Peroxide Market Revenues & Volume, By Chemical and Plastics Industry, 2021-2031F |
6.2.3 Singapore Benzoyl Peroxide Market Revenues & Volume, By Building and Construction, 2021-2031F |
6.2.4 Singapore Benzoyl Peroxide Market Revenues & Volume, By Automotive and Transportation, 2021-2031F |
6.2.5 Singapore Benzoyl Peroxide Market Revenues & Volume, By Others, 2021-2031F |
7 Singapore Benzoyl Peroxide Market Import-Export Trade Statistics |
7.1 Singapore Benzoyl Peroxide Market Export to Major Countries |
7.2 Singapore Benzoyl Peroxide Market Imports from Major Countries |
8 Singapore Benzoyl Peroxide Market Key Performance Indicators |
8.1 Number of dermatologist recommendations for benzoyl peroxide products |
8.2 Consumer satisfaction and repeat purchase rate for benzoyl peroxide products |
8.3 Number of new product launches and innovations in the benzoyl peroxide market |
9 Singapore Benzoyl Peroxide Market - Opportunity Assessment |
9.1 Singapore Benzoyl Peroxide Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Singapore Benzoyl Peroxide Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Singapore Benzoyl Peroxide Market - Competitive Landscape |
10.1 Singapore Benzoyl Peroxide Market Revenue Share, By Companies, 2024 |
10.2 Singapore Benzoyl Peroxide Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |